ADP Data Tensions, Markets Teetering, Apple Downgrade, Bitcoin Finds Stability

by | Jan 16, 2024 | Self Directed IRA | 41 comments

ADP Data Tensions, Markets Teetering, Apple Downgrade, Bitcoin Finds Stability




Master Trader Gareth Soloway breaks down the charts and macro data like nothing ever available to the public. Usually kept for institutions, Gareth reveals tactics, trade levels and analysis that will blow your mind and make you a BETTER investor/trader. He covers stocks, commodities and crypto and will walk you through everything you need for the day to be a winning trader and investor. The Game Plan rockets past CNBC, Fox Business and Bloomberg in quality and actionable alpha. The show is a quick 15-20 minutes LIVE. Gareth is all about pure charts and data, no emotion. These are the keys to profitable investing and trading. Tune in at 9am ET Monday-Friday or if you can’t make it, be sure to watch the LIVE recording which posts immediately after the show airs! Others are making money and learning valuable trading tactics, don’t miss out!

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ADP Data Hits, Markets Hang At Cliff’s Edge, $AAPL Downgrade, $BTC Stabilizes

The markets are on the edge as the latest data release from ADP has sent shockwaves through Wall Street. The ADP National Employment Report, which measures private sector employment, came in much lower than expected, signaling a potential slowdown in the labor market. This has caused investors to reassess the state of the economy and has led to a sharp decline in stock prices.

The Dow Jones Industrial Average and the S&P 500 are both down significantly, with the latter teetering on the edge of a potential correction. The tech-heavy Nasdaq has also taken a hit, with several major technology stocks, including Apple ($AAPL), experiencing significant losses.

Speaking of Apple, the tech giant was dealt another blow as it was downgraded by a prominent analyst. The downgrade comes as concerns about Apple’s ability to sustain its growth in the face of increasing competition and slowing iPhone sales continue to weigh on the company’s stock price.

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On the cryptocurrency front, Bitcoin ($BTC) has managed to stabilize after a tumultuous few weeks. The world’s largest cryptocurrency has been on a rollercoaster ride, with wild price swings and increased regulatory scrutiny causing uncertainty in the market. However, Bitcoin has managed to find some stability in recent trading sessions, giving hope to crypto investors.

The current state of the markets has left many investors feeling uneasy, as the combination of weak economic data, tech stock woes, and cryptocurrency volatility has created a perfect storm of uncertainty. With the Federal Reserve set to announce its latest monetary policy decision in the coming days, it remains to be seen whether the central bank will provide some much-needed relief to the markets.

In the meantime, investors are advised to tread carefully and keep a close eye on developments in the economy and the tech sector. The situation remains fluid, and it is crucial to stay informed and be prepared for any potential market moves. As always, it is important to consult with a financial advisor before making any investment decisions in these uncertain times.

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41 Comments

  1. @NickyBigatto25

    The pregame is grand Gareth. It's neat and trusting seeing the operation behind the scenes, and your team in action. Respect. Real and honest content is what I desire and why I enjoy watchin. Keep up the good work. I'm bullish on your production strategies. I enjoy seein it in the making, and your channel progressing each day. -Nicco

  2. @jantarai362

    This is the chennel where I can learn and earn thanx Garth

  3. @YouKnowTheBiz

    Love the pregame nice computers !

  4. @codacoda565

    We still have hundreds of people being basically Force past retirement some of them making double time now not sure what's going on people just don't want to work or there isn't enough people

  5. @chrs1313

    Did not like pregame

  6. @awhibear

    Thank you. I love that game plan is back and enjoying the new look plus pre-game. Your knowledge is valued!!

  7. @andrecorreia8498

    Love the pregame. Gives us a glimpse

  8. @chrisochoa7406

    Hi Gareth I enjoyed the pre game!

  9. @jefft7044

    Thank you Gareth. Appreciate you as well

  10. @russellrogers7484

    Some great advice here. How often have I bought well but rarely sell well. I think the good returns will go on. I am into ASX materials. They can easily go up or down 50% or more. Not taking profits has been my biggest error. I am trying to be better.

  11. @AhmadRaza-yn2ci

    Hi, l'm New to trading. Can someone tell me What platform let you do day trades?

  12. @juanseverini330

    Pre game is a great addition to the madness of the markets!

  13. @lucasmccarthy1500

    Gareth! Made 27% on UNG. Basically nailed the bottom at 4.52. I started legging out at the exact pivot point you discussed, before I even watched this replay! That's how I know I am learning from you and on the right track. Thanks for everything man. Super Grateful for all the free knowledge you are dropping!

  14. @erinmorales8396

    Love the pre-game interaction. Keep it.

  15. @ReeCSayz-sg4my

    Just got a tip about Staxum – this token is going places!

  16. @HiawathaClemons-kr8bu

    Just got a tip about Staxum – this token is going places!

  17. @vladrossolov4273

    Yes A Lot of energy don't lose it!!! Could you do video on copper and Stock symbol HL. It is silver mining company. Thank you

  18. @ashar51412

    only a couple of mins for BTC in your 26 mins analysis? really weird

  19. @beninessex9093

    Great education as always Gareth ! Are you short the SPY ?? If so could you point out your entry levels so far on the chart ?

  20. @Frenchieeeee

    cool but audio needs improvement.

  21. @unclesnide

    Love the pre-game!!

  22. @ld3336

    Audio clipping as usual. Gareth man you need a real sound tech. The clipping just makes it hard to listed to whole thing

  23. @edy4

    Hello, Really liked the pre-game show!

  24. @lifeartist

    Hey Gareth,
    I value you for your daily videos, was interesting to see you guys having a little bit of fun with the pre plan testing things out. But I value u guys more for being analyst than actors.

  25. @johnnykingz8

    The moving averages seem to be moving above that pivot point you mentioned. Do you take that into consideration?

  26. @arthurporter9397

    Thank you Gareth, took a nice 23.22% from UNG, legging it down or Dca, working at its best

  27. @TheVisionWeShouldSeek

    I didn’t like the pre-game lol please go back to the original format of the morning show.

  28. @troyhofmann

    Nice touch on pregame. Keep it up…

  29. @Upsiderightdown

    Jobless claims are stronger and Jobs data is stronger BECAUSE the economy is WEAK and people NEED jobs. They are working multiple jobs just to make ends meet

    That’s NOT a strong indicator

  30. @michaelharrington2234

    Also had good swing trade success with your Southwest and Alcoa picks, You Da' Man Gareth!!! Wasn't liquid enough to take advantage of your Pfizer pick.

  31. @nickpruett5962

    Good content, love the channel

  32. @jry8874

    Love the pre game! Thanks

  33. @michaelharrington2234

    Telling everybody about you Brother, huge fan going back to when Davin Lin use to interview you on KITKO !

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