Mining Stock Education
How Pro Trader Gareth Soloway is Trading GDXJ, GLD, SPY, URNM & Bitcoin
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:23:20
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Sinopsis
Professional Trader Gareth Soloway of InTheMoneyStocks.com shares how he is trading GDXJ, GLD, SPY, URNM, Bitcoin and more. Gareth sees a potential powerful move in gold starting in 6 to 12 months. He expects a near-term pop in GDXJ. He is bullish bitcoin long-term but expects it to head down to $18,000 to $20,000 first and at that level he will be a buyer. Gareth recently shorted URNM for a profit but expects a near-term bounce in this uranium ETF. He has been shorting oil unsuccessfully recently. And for the bold, he says, there is opportunity in sold-off Chinese stocks such as BEKE and BABA. Gareth has over 20 years of trading experience and is the Chief Market Strategist at InTheMoneyStocks.com. 0:00 Introduction 0:32 FOMC Sept Statement 1:45 SPY chart analysis 4:05 SPY stair-step down from here 4:53 Main trigger for gold 7:32 GDXJ analysis 9:25 Bitcoin: “We are going to go lower” 12:52 Gareth is long VXX 13:44 What commodities are you trading? 14:34 URNM 15:50 Oil 17:12 Chinese stocks: BEKE, BABA