After yesterday’s selloff, this is maximum downside for stocks - Gareth Soloway

The stock market broke a critical support zone on Monday. Although markets are bouncing back today on Tuesday, Gareth Soloway, chief market strategist of InTheMoneyStocks.com, said that if this level is not held, a break-down could take stocks all the way down to pre-Covid highs, representing a 25% decline from current levels.
Speaking to David Lin, anchor for Kitco News, Soloway added that it could be a year before a big rally happens for Bitcoin and the previous highs are taken out. (show less)

The stock market broke a critical support zone on Monday. Although markets are bouncing back today on Tuesday, Gareth Soloway, chief market strategist of InTheMoneyStocks.com, said that if this level is not held, a break-down could take stocks all the way down to pre-Covid highs, representing a 25% decline from current levels.
Speaking to David Lin, anchor for Kitco News, Soloway added that it could be a year before a big rally happens for Bitcoin and the ... (read more)

Market Analysis

Market Analysis
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