The Markets and Looking Ahead To 2022, My 2 Cents by Mike Simonato
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 what I'm looking at for [...]
Not A Great Week For Canada and Robots Serving Coffee In Toronto
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 to foreign oil, only not [...]
VectorVest’s NPM – Net Profit Margin – Helps Investor’s Navigate the Market, my 2 Cents by Mike Simonato.
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 actually told the truth). Many [...]
Rising Inflation Presenting A Challenge for Markets, My Two Cents by Mike Simonato
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 Jason Kenney handling of Covid [...]
The New Reality and How it Could Affect the Market. My 2 Cents by Mike Simonato
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 or service and the price [...]
The Perfect Storm. My 2 Cents by Mike Simonato
The Perfect Storm One thing everyone knows about markets they go up, they go down and they will drive you crazy if you let them. You have likely heard of the markets referred to as a rubber band. when it gets stretched to far up then it will go to the extreme down ie Dot Com bubble in 2000 or [...]
