Mike Simonato, Ontario. Presenter: “Investing for the Long Term", presented to the Feb. 6, 2021 International Online Forum, you can watch by CLICKING HERE. Another week in the books and today (Friday, November 26) was certainly an eye-opener. Here is what makes this unusual and scary. In the States, Thanksgiving saw the market closed Thursday [...]
Mike Simonato, Ontario. Presenter: “Investing for the Long Term", presented to the Feb. 6, 2021 International Online Forum, you can watch by CLICKING HERE. Well, the Simonato Market curse is in effect. As soon as I shut the business down and I'm able to trade, the market goes to hell in a handbasket until I [...]
Mike Simonato, Ontario. Presenter: “Investing for the Long Term", presented to the Feb. 6, 2021 International Online Forum, you can watch by CLICKING HERE. Another interesting week. I officially shut the business down, so expect a big sell-off or really difficult trading environment for the next 4 months My 2nd post, copied below, will show [...]
Mike Simonato, Ontario. Presenter: “Investing for the Long Term", presented to the Feb. 6, 2021 International Online Forum, you can watch by CLICKING HERE. Well, another week in the books and not a great one for Canada. Some Highlights: Trudeau throws Alberta under the Bus in Glasgow Biden piled on. He said he was open [...]
By Mike Simonato, Blue Mountains, Ontario To say that Covid 19 has changed the world, and not in a good way, is an understatement. How does this relate to business and affect us as traders? Cost and difficulty of doing business have increased significantly. Note the Apple and Amazon Earnings and Guidance (2 companies that [...]
By Mike Simonato, Blue Mountains, Ontario Well, that was a fun week. Here are a few snipits I have gleaned this week BC is definitely interesting. First you have 50-degree celsius summers followed up with a "Cyclone Bomb" weather pattern this week and dishwashers make $50,000 (Actual Restaurant ad) Alberta has the funniest politicians. First [...]
Written by: Mike Simonato, Ontario Presenter: “Investing for the Long Term", presented to the Feb. 6, 2021 International Online Forum, you can watch by CLICKING HERE. There are 3 Main Keys that can affect the Market Earnings Inflation Interest Rates EARNINGS: This is relatively simple. You have the Costs involved in producing a good [...]
Written by: Mike Simonato, Ontario Presenter: “Investing for the Long Term", presented to the Feb. 6, 2021 International Online Forum, you can watch by CLICKING HERE. Do you hear the canaries? They are getting louder. There were 2 key reversal days this week. I'll focus on Friday. At 6 am, the Dow was up 185 [...]
Golf analogy Part 3. ( last one I promise🤣) To be good in any sport but especially golf you need 3 things. Natural talent (The Gift) An insane work ethic The ability to control your emotions Natural talent ( the gift). My uncle was a master carpenter and my dad was the head electrician for [...]
Written by: Mike Simonato, Ontario Presenter: “Investing for the Long Term", presented to the Feb. 6, 2021 International Online Forum, you can watch by CLICKING HERE. Golf Part 2 While there is a certain amount of physical need to be good at golf, Pros will tell you 90% is Mental (Emotions). Anyone who can't control [...]
