Technical Analysis and Trade Alerts by Gareth Soloway
Gareth Soloway: Top 25 AI stocks near 42 percent of U.S. market cap
Gareth Soloway, chief market strategist at InTheMoneyStocks, observes that the market capitalization of the top 25 artificial intelligence stocks now makes up nearly 42% of the total U.S. market ...
Bitcoin hits channel support in key test for bulls, Gareth Soloway warns
Gareth Soloway, chief market strategist at InTheMoneyStocks, highlights that Bitcoin is now touching the lower band of its parallel trading channel. According to Soloway, this technical level ...
Gareth Soloway: Psychology indicator for semiconductors flashes extreme greed at 99
Gareth Soloway, Chief Market Strategist at InTheMoneyStocks, highlights that a psychology indicator for semiconductors has just registered a value of 99, signaling extreme greed in the sector. ...
Software sector tumbles sharply amid renewed private credit crisis concerns, Gareth Soloway signals
Software stocks experienced significant declines yesterday, with major names such as ORCL, MSFT, and META seeing sharp drops. Gareth Soloway highlighted that these moves signal renewed fears ...
Gareth Soloway: Oil short pays off as Trump holds talks with Iran
Gareth Soloway reported successful financial positioning after shorting oil over the weekend, following what he described as 'very good' talks between Donald Trump and Iran. Soloway anticipated a ...
Super Micro Computer falls 25% after smuggling charges against executives, Gareth Soloway notes
Super Micro Computer shares sank 25% after executives were charged with smuggling chips to China. Gareth Soloway referenced the sharp decline and indicated he would be monitoring the stock for day ...
Gareth Soloway: S&P 500 drops after high inflation and Powell comments
The S&P 500 finished trading at its lowest point of the day following concerns over persistent high inflation and comments from U.S. Federal Reserve Chair Jerome Powell. Gareth Soloway highlighted ...
U.S. PCE inflation matches forecast, GDP cut sharply, Gareth Soloway notes
U.S. PCE inflation data for both month-over-month and year-over-year periods align closely with forecasts, according to Gareth Soloway. He points out that core PCE rose 0.3% month-over-month and ...
Oil price prediction: Move to $100 expected after Iranian tanker strikes
Oil prices have risen sharply following further Iranian strikes on oil tankers. Gareth Soloway notes that he expects oil to move back to $100 in the coming days and then plans to resume a short ...
Gareth Soloway: Gold and silver face decline as bearish signals emerge
Gold and silver prices experienced a sharp drop early in the morning before staging a slight recovery. Gareth Soloway highlighted that silver remains in a bear flag pattern, suggesting ongoing ...
Gareth Soloway warns of turmoil in stock and crypto markets
Gareth Soloway sat down for an insightful discussion addressing the current challenges in the stock and crypto markets. As the bear market exerts pressure on cryptocurrencies, stocks remain ...
Gareth Soloway: CPI data beats analyst forecasts by 0.1%
Gareth Soloway shared that the latest Consumer Price Index (CPI) data aligned perfectly with his predictions, surpassing analyst forecasts by 0.1% for both month-to-month and year-over-year ...
Gareth Soloway: Non-farm payrolls rise to 172,000 exceeding forecasts
Gareth Soloway comments on the unexpected rise in U.S. non-farm payrolls, which increased to 172,000 compared to the forecast of 55,000. The unemployment rate also surprising analysts, dropping ...
Gareth Soloway: AMZN plummets 11 percent post-earnings as market outlook dims
Gareth Soloway has issued a stark observation regarding Amazon's recent performance. The company's shares fell by 11 percent following a disappointing earnings report. Adding to the market strain ...
Gareth Soloway warns of heavy selling in tech stocks amid bearish signals
Gareth Soloway highlights a downward trend for tech stocks following disappointing earnings from AMD. The stocks of major tech companies like GOOGL, ARM, and QCOM experienced significant selling ...
Gareth Soloway: Bitcoin struggles as gold hits record highs
Gareth Soloway raises questions about Bitcoin's current role as its price hovers near a 52-week low while gold reaches new all-time highs. He contrasts this with the S&P 500, which also hits its ...
Netflix drops 7% as monthly trading signals weak guidance
Gareth Soloway reported that Netflix (NFLX) has experienced a 7% drop in early trading. This decline comes in response to weak guidance from the company. The stock has been on a downward trend, ...
Defense stocks rebound 7% after market turmoil
Gareth Soloway highlights significant volatility in defense stocks, showcasing how market sentiments can shift dramatically within hours. Initial comments from a political figure led to a 6 ...
Gareth Soloway: ADP employment gains of 41K signal stable economy
Gareth Soloway reports that ADP Private Sector Employment numbers revealed a gain of 41K jobs, slightly below the expected 49K. This data suggests an economy that is stable, showing neither ...
Gareth Soloway: Oil price faces infrastructure challenge despite market hype
Oil prices opened flat following the arrest of Maduro over the weekend. Gareth Soloway suggests that despite the market hype predicting a drop below $50, oil is not likely to flood the market for ...
Gareth Soloway alerts exit liquidity risk as stocks open higher
Gareth Soloway highlights the sharp rise in market openings driven by retail investors' new funds at the start of the month or year. Institutions, according to Soloway, have taken advantage of ...
