OpenAI Backs Off, AI Stocks Drop, Bitcoin Panic, Gold Buy? Top Trades And Levels
🔗 Trade alongside the Verified Pro Traders in the Apex Live Day Trading Room: https://verifiedinvesting.com/product... No B.S. Just Charts. Did Micron earnings save the AI trade? Chief Market Strategist Gareth Soloway says no - the report sent the memory names higher, but the rest of the semiconductors kept falling, and now OpenAI has backed off going public this year. To Gareth, that's a flashing sign liquidity is drying up and a bigger correction is brewing. After this morning's PCE inflation data came in roughly in line, he walks the top trades and levels across stocks, the dollar, metals, oil, and a Bitcoin sitting right at a make-or-break level. 🎁 SPONSOR — RUMBLE WALLET (~13:00) Take Control of Your Money Easily with Rumble Wallet. Download now at http://wallet.rumble.com/Verified. 📊 COVERED IN THIS EPISODE: 🔴 Micron (MU) - Surged on earnings back toward its recent highs (~$1,250) but couldn't hold, rolling over near $1,135; a break of yesterday's low triggers a sell signal. Only memory names rose - Marvell, NVIDIA, and Broadcom all fell 🔴 The Liquidity Story - OpenAI says it's no longer going public this year ("market conditions"); with SpaceX below $150 and Cerebras below its $185 insider price, Gareth sees exit liquidity and a bigger semiconductor correction brewing 🔵 S&P 500 & Nasdaq - Lower lows are confirmed; Gareth is watching for the lower high that completes a top (using Meta and Microsoft as recent examples) - a correction, not a crash 🔴 NVIDIA (NVDA) - Opening below technical support; must recapture $195 or risk a slide to $178, then $165 🔴 Broadcom (AVGO) - A bear flag gapping down; first bounce target $350, then a gap fill toward $290 🔵 US Dollar (DXY) - Pulling back from its potential breakout, giving gold and silver small bounces 🟢 Gold - Into Gareth's $3,900-$4,000 support and bouncing, now coiling in a wedge; a breakdown targets $3,500, a breakout starts a bigger move (he still sees $10K+ by 2030) 🔴 Silver - A small bounce; first major target $54, then $50, with the broken $64 support now resistance 🔵 Tesla (TSLA) - Watching $365 as a day-trade/swing level; a break opens $337 🟢 Palantir (PLTR) - In free fall from $163 to $107; Gareth's a swing-trade buyer into the $94-$97 support 🔵 Alibaba (BABA) - Down to $92 and on the radar; major trendline support at $83-$85 🔵 Oil - Down after the Iran/Strait of Hormuz pop; major support and a gap fill at $67-$69, where Gareth expects an oversold bounce 🔵 Natural Gas - A cup-and-handle / bull flag tightening up; not broken out yet, but increasingly intriguing 🔴 Bitcoin (BTC) - Hammering $58,900 for a third day; a confirmed break cascades toward $50K. MicroStrategy (MSTR) is a leveraged proxy at $82.50, with support near $73 🔑 KEY TAKEAWAY: Micron's earnings didn't save the AI trade - only memory names bounced while the rest of the semis fell, and OpenAI pulling its IPO signals liquidity is drying up. Lower lows are in, and Gareth is watching for the lower high to confirm a market top (a correction, not a crash). Gold's into a buy zone, silver's heading for $54, and Bitcoin sits at a make-or-break level above $50K. 🎓 JULY 4TH COURSE SALE: 40% off every course at Verified Investing, including Gareth's ~20-hour Winning Trader Series. Take your financial future into your own hands at https://www.verifiedinvesting.com ✅ SUBSCRIBE for daily analysis from Gareth Soloway and the Verified Investing team 🔔 Ring the bell so you never miss a Game Plan 👍 LIKE if this helped sharpen your plan for the day 💬 Comment: does the Nasdaq confirm its lower high, or do the dip-buyers win? 👤 FOLLOW @garethsolowayprotrader ⚠️ IMPORTANT DISCLAIMER The information presented in this video is for educational and informational purposes only and should NOT be considered financial, investment, tax, or legal advice. Gareth Soloway and Verified Investing are not registered investment advisors. All trading and investing involves substantial risk of loss, and you should consult with a qualified financial professional before making any investment decisions. Past performance is not indicative of future results. 🚨 SCAM WARNING Gareth Soloway and the Verified Investing team will NEVER contact you directly through YouTube comments, Telegram, WhatsApp, or any other messaging platform asking you to invest, send money, or join private trading groups. If anyone claims to be Gareth or a member of his team and contacts you outside of official Verified Investing channels, it is a SCAM. Please report and block these accounts immediately. #MyTradingGamePlan #VerifiedInvesting #GarethSoloway #AIStocks #AIBubble #StockMarket #TechnicalAnalysis #Micron #OpenAI #Nasdaq #NVDA #Broadcom #Gold #Silver #Bitcoin #Palantir #Oil #StockMarket2026

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