The Consumer Price Index (CPI) for August rose 0.6%, in line with economist expectations for 0.6% and up from 0.2% in July. On a year-over-year basis, CPI inflation rose to 3.7% versus forecasts for 3.6% and from 3.2% a month earlier. On this episode, we’re taking a look at inflation data’s effect on crypto and tech stocks.
Guest: Gareth Soloway Chief Market Strategist of InTheMoneyStocks.com
Join Gareth’s Stock & Crypto course using our link! ➜ https://www.verifiedinvestingeducation.com/paulbarron
00:00 intro
00:36 CPI Data & Inflation
02:52 Binance CEO Quits
04:54 Bitcoin $BTC Technical Analysis
06:44 Solana $SOL
08:49 Ethereum $ETH
13:03 Coinbase $COIN
14:58 Unity $U
18:46 Meta $META
21:34 Outro
#Crypto #Inflation #Bitcoin
~Inflation Data vs Crypto & Tech Stocks w/ Gareth Soloway | Technical Analysis~
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23 Comments
Paul with solana how embarrassing. These protocols are supposed to be secure and not going down so often. Shameful
thank you guys
Without watching Beareth Soloway Im guessing BTC $10k and gold to infinity. Even though gold has done jack last 11 years
Alright beareth. Solana at $16.50 is a screaming buy but we were stupid for buying at $7.80 crash. It was going lower Beareth
watched good one
called 10k forever!!! fake screen behind him!!!! talks rubish
Gareth’s trendline on ETH is incorrect. The trend line that extends from the June lows is the correct one. Remember that ETH did not put in a lower low in NOV 2022 while BTC did. So technically speaking ETH has not broken trend like Bitcoin has.
Gareth has been saying the same thing for the last 2 years lol
Any thoughts on MYTH!!! Thank you
U Americans will stop at nothing until u see ur own companies at the helm of everything!!! 😖
Can we please stop with the coverage of Binance and move on to sth else.
BUSD is not a Binance token and BNB is also correcting like every other altcoin.
Be that as it may, good educational videos. We keep DCA
Eye-opening insights on the hidden realities of the U.S. labor market and the looming recession. This is a crucial time for strategic financial planning, especially with the volatility in equity markets and the promising outlook for gold and Bitcoin. Crypto offers a unique investment landscape that's not tied to traditional market forces. In a world brimming with economic uncertainties, crypto assets like Bitcoin and Ethereum provide a hedge against inflation and a new avenue for portfolio diversification.. I've personally benefited from following FRANCINE DUGUAY's trading tactics, amassing 21 bitcoins in a short two-month period, which speaks volumes about her expertise.
You're definitely no shill Paul. I remember you being the biggest critics of Solanas tokenomics. keep doing what you're doing. love the the content.
Inflation is absolutely nothing more, than greed…
Oh man Gareth didn't finish his ETH vs SOL comparison. 😢
Boring talk. 🥱
Let me guess before the video starts. Gareth thinks bitcoin is going to $10k still.
Well, not as bad as Evan thinking it’s going to $.000000003🤣🤣
Soloway is a huge scammer.
Looks like we need to look for the unsignificant 7
Gareth is a bear and always will be
Paul… no more Soloway 👎
Who else feels like Paul is only discussing his bag 😂😂
Light recession??? Smh A RECESSION IS NOT COMING!!! A RECESSION BEEN HERE….. these people going to be caught offside waiting on recessions, watch next year Q2 the fed will say guys we went through a brutal recession in 2022 and 2023 now we are out the woods now and time to rebuild…. this as always been what they do!! You think the federal reserve and biden dont know we are in a full blown recession??? Yes but why would they say that close to a election year?? Like they have to get this economy right before campaigning starts…. so the R word is not a option and thats why this recession keeps getting pushed back!! Its not that its not here, they dont want to admit it
Nice