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.
0:00 - Monday's market sell-off4:18 - 10-year yield5:38 - How to trade now10:11 - Bitcoin12:27 - Gold16:27 - Stock market downside
Gareth Soloway is a professional trader. He is the President, CEO & Chief Market Strategist for InTheMoneyStocks.