Coinbase Drops 10% After Competitors Merge, but is This the Time to Sell?
The crypto world is in a tumultuous state after yesterday’s news of Binance and FTX signing a deal to merge. This merger will result in Binance taking over FTX’s non-US unit at a time when FTX struggles with liquidity. Crypto as a whole is down - including Bitcoin. But today, we’re here to talk about Coinbase - the crypto [...]
Global Market Review and How to Be Successful, My Two Cents, by Mike Simonato
Well, my Off Season Market Curse continues unabated, and yes I'm starting to feel all the eyes glaring at me. The good news is I'll be back to work before you know it and the Highly Profitable Trading opportunities will abound. This week I want to highlight the true value of being with Vector Vest. (This will really [...]
My 2 Cents, by Mike Simonato
If you thought 2020 and 2021 were bad, well, welcome to 2022. Just when we see a glimmer of hope the rug gets pulled out. Each one of us has to determine what works best for us individually. This post will answer a lot of questions I get. First, here is what I look at: On Wednesday I sent out [...]
Growing Your Wealth
It was gratifying this week to hear subscribers sing the praises of VectorVest’s Market Timing signals...
Use Caution and How To Keep Control, My 2 Cents By Mike Simonato
Before I start, let me say thank you for all the kind words I get, as well as phone calls and timely insights. I received an email this week from someone new to my email list that was so kind, well thought out, and encouraging. It really meant a lot to me. My goal is to get people from all [...]
Bottom Fishing
What a start to 2022. There have been huge intraday swings in both Canada and US markets and the dominant trend until the final days of the month was decidedly low...
