Feb 18, 2022
Gareth Soloway has been an avid swing and day trader since his days at Binghamton University where he studied Economics. After college, Gareth quickly excelled as a financial adviser, helping clients get their financial houses in order. While helping others gain financial independence, he continued to study the day trading and swing trading world, developing a unique market philosophy.
Following his work in the financial sector, Gareth went on to trade alongside professional traders on the institutional side of the business. Unable to tolerate the hype of Wall Street any longer and having an amazing ability to profit using his developed trading techniques, Gareth Soloway decided to partner with his friend and colleague, Nicholas Santiago to form InTheMoneyStocks.com in 2007.
Gareth day trades and swing trades anything and everything. If it is moving and has a chart, he can make money on it. He has called major tops and bottoms on stocks, crypto, commodities and more, using his cycle analysis. He follows price, pattern and time while analyzing human psychology. He is known in the trading world as the "Oracle of Investing".
In this podcast episode, Gareth starts by sharing what inspired him to become a chief market strategist and what led to the birth of In The Money Stocks. He then talks about what it took for him to fo from working in the corporate world to being a self-made entrepreneur. Gareth explains how he became known in the trading world as the “Oracle of Investing”. He is well-respected by high-profile investors.
The rate of monetary inflation is now over 7%. Gareth talks about what the year ahead is looking like for inflation and how this will impact the stock market. He describes the potential scenarios that could play out with respect to inflation, real interest rates and US dollar. He believes that the Central Banks are caught between a rock and a hard place.
With great explanations, Gareth has a strong conviction that Gold will be the best performing assist and rise 50% this year. He also shares his opinion on the strategic metal, Silver. Although he really likes Bitcoin, he is bearish on the digital asset for this year and believes the price action will fall to $20,000. Gareth describes what will happen to Gold and Bitcoin if Russia does decide to invade Ukraine.
A lot of analysts are talking about the hot inflation fuels case for the “big-bang” Fed rate hike this March. If this situation plays out to be true, Gareth talks about what impact this will have on the stock market. Gareth shares his topi investment idea for year-end. He then advises investors where they can go to better educate themselves before making any investment decisions. Lastly, Gareth provides his definition of greatness and what it means to him.
__
Host: Ben Mumme
Twitter: https://twitter.com/mumme_ben
Medium: https://benjaminmumme.medium.com/
YouTube: https://bit.ly/3fAcFrt
Newsletter: https://bit.ly/3DBkSWv
Instagram: https://www.instagram.com/livingyourgreatness/
__
Guest: Gareth Soloway
Website: https://inthemoneystocks.com/
Twitter: https://twitter.com/GarethSoloway
LinkedIn: https://www.linkedin.com/in/gareth-soloway-60827953/
__
Let's Connect👇
Drop a review and let me know what's resonating with you about the show! Thanks as always for listening and have the best day yet!