Bakes' Takes: Recent Episodes
Kevin Baker
On today’s show I’ll discuss why Economists can’t pick stocks! I’ll go through the Mailbag and discuss Sprott Uranium Miners ETF/URNM, Greyscale Bitcoin Trust ETF/GBTC and Greyscale Ethereum Trust ETF/ETHE . I’ll review the SMA portfolio, our performance since inception and how we’ll make money every year in up AND DOWN markets.
Much Needed Levity:
Jim Breuer impression of AC/DC doing the hokey pokey:
https://www.youtube.com/watch?v=imrcyyajCaI
If you want to write into the show with any questions or comments email me at Bakes@stockmarketauthority.com. Even better leave me a voice recording and we can play your question on the show.
Show Reference Links:
FOLLOW STOCK MARKET AUTHORITY
Web: https://stockmarketauthority.com/
YT: https://www.youtube.com/channel/UCQHszyBxraCznpQfuFK4NUQ
TikTok: https://www.tiktok.com/@stockmarketauthority
Twitter: https://twitter.com/BakesTakes_
LinkedIn: https://www.linkedin.com/in/kevin-r-baker/
IG: https://www.instagram.com/stockmarketauthority/
FB: https://www.facebook.com/stockmarketauthority
Reddit: https://www.reddit.com/user/bakes72
Join us as we go LIVE Wednesdays at 10am from the Studio 21 Podcast Café in Salem NH
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urnj
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MarkoZlatic
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ScottGalloway
bitcoin
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buystocks
sellstocks
On today’s show I’ll discuss greenwashing fad going into the dustbin of history. I’ll go through the Mailbag and discuss Snowflake/SNOW, Plug Power/PLUG, Rivian/RIVN! .
I’ll review the SMA portfolio, our performance since inception and how we’ll make money every year in up AND DOWN markets.
Much Needed Levity:
Pablo Francisco - Movie Guy
https://www.youtube.com/watch?v=Qvv8SMTyAgk
If you want to write into the show with any questions or comments email me at Bakes@stockmarketauthority.com. Even better leave me a voice recording and we can play your question on the show.
Show Reference Links:
FOLLOW STOCK MARKET AUTHORITY
Web: https://stockmarketauthority.com/
YT: https://www.youtube.com/channel/UCQHszyBxraCznpQfuFK4NUQ
TikTok: https://www.tiktok.com/@stockmarketauthority
Twitter: https://twitter.com/BakesTakes_
LinkedIn: https://www.linkedin.com/in/kevin-r-baker/
IG: https://www.instagram.com/stockmarketauthority/
FB: https://www.facebook.com/stockmarketauthority
Reddit: https://www.reddit.com/user/bakes72
Join us as we go LIVE Wednesdays at 10am from the Studio 21 Podcast Café in Salem NH
stockmarketauthority
Investment
sprottetfs
StockMarket
UpMarket
DownMarket
BuyingStocks
SellingStocks
BakesTakes_
uranium
URNM
urnj
shortSPACS
finance
money
trading
technicalanalysis
charts
business
investing
stockmarket
wealth
markets
WallStreetBets
Robinhood
WeBull
Sharescoops
GusChristensen
M1
SOGU
RobbieWhelan
KevinPaffrath
MeetKevin
RoseHan
CaseyAdams
MarkoZlatic
WhiteboardFinance
DailyTrader
ScottGalloway
bitcoin
crypto
ethereum
stockmarketauthority
ETFS
buystocks
sellstocks
On today’s show I’ll discuss why the obvious often does not work in the stock market. I’ll go through the Mailbag and discuss Moderna/MRNA, UBER/UBER, and UBS/UBS. I’ll review the SMA portfolio, our performance since inception and how we’ll make money every year in up AND DOWN markets.
Much Needed Levity:
Don Gavin - I Come from a Big Family
https://www.youtube.com/watch?v=aSUSftu4TYc
If you want to write into the show with any questions or comments email me at Bakes@stockmarketauthority.com. Even better leave me a voice recording and we can play your question on the show.
Show Reference Links:
FOLLOW STOCK MARKET AUTHORITY
Web: https://stockmarketauthority.com/
YT: https://www.youtube.com/channel/UCQHszyBxraCznpQfuFK4NUQ
TikTok: https://www.tiktok.com/@stockmarketauthority
Twitter: https://twitter.com/BakesTakes_
LinkedIn: https://www.linkedin.com/in/kevin-r-baker/
IG: https://www.instagram.com/stockmarketauthority/
FB: https://www.facebook.com/stockmarketauthority
Reddit: https://www.reddit.com/user/bakes72
Join us as we go LIVE Wednesdays at 10am from the Studio 21 Podcast Café in Salem NH
stockmarketauthority
Investment
sprottetfs
StockMarket
UpMarket
DownMarket
BuyingStocks
SellingStocks
BakesTakes_
uranium
URNM
urnj
shortSPACS
finance
money
trading
technicalanalysis
charts
business
investing
stockmarket
wealth
markets
WallStreetBets
Robinhood
WeBull
Sharescoops
GusChristensen
M1
SOGU
RobbieWhelan
KevinPaffrath
MeetKevin
RoseHan
CaseyAdams
MarkoZlatic
WhiteboardFinance
DailyTrader
ScottGalloway
bitcoin
crypto
ethereum
stockmarketauthority
ETFS
buystocks
sellstocks
On today’s show I’ll alert you to the decline of the former magnificent 7 and what it means for you. I’ll go through the Mailbag and discuss Chipotle/CMG, Veronis/VRNS and General Motors/GM. I’ll review the SMA portfolio, our performance since inception and how we’ll make money every year in up AND DOWN markets.
Much Needed Levity:
Gary Gulman On How The States Got Their Abbreviations
https://www.youtube.com/watch?v=dLECCmKnrys&t=13s
If you want to write into the show with any questions or comments email me at Bakes@stockmarketauthority.com. Even better leave me a voice recording and we can play your question on the show.
Show Reference Links:
FOLLOW STOCK MARKET AUTHORITY
Web: https://stockmarketauthority.com/
YT: https://www.youtube.com/channel/UCQHszyBxraCznpQfuFK4NUQ
TikTok: https://www.tiktok.com/@stockmarketauthority
Twitter: https://twitter.com/BakesTakes_
LinkedIn: https://www.linkedin.com/in/kevin-r-baker/
IG: https://www.instagram.com/stockmarketauthority/
FB: https://www.facebook.com/stockmarketauthority
Reddit: https://www.reddit.com/user/bakes72
Join us as we go LIVE Wednesdays at 10am from the Studio 21 Podcast Café in Salem NH
stockmarketauthority
Investment
sprottetfs
StockMarket
UpMarket
DownMarket
BuyingStocks
SellingStocks
BakesTakes_
uranium
URNM
urnj
shortSPACS
finance
money
trading
technicalanalysis
charts
business
investing
stockmarket
wealth
markets
WallStreetBets
Robinhood
WeBull
Sharescoops
GusChristensen
M1
SOGU
RobbieWhelan
KevinPaffrath
MeetKevin
RoseHan
CaseyAdams
MarkoZlatic
WhiteboardFinance
DailyTrader
ScottGalloway
bitcoin
crypto
ethereum
stockmarketauthority
ETFS
buystocks
sellstocks
On today’s show I’ll alert you to the sell signal the broad stock market triggered. I’ll go through the Mailbag and discuss Nvidia/NVDA, Tesla/TSLA and Amazon/AMZN. I’ll review the SMA portfolio, our performance since inception and how we’ll make money every year in up AND DOWN markets.
Much Needed Levity:
Brian Regan - Topic
https://www.youtube.com/watch?v=RPl32kTHCwA
If you want to write into the show with any questions or comments email me at Bakes@stockmarketauthority.com. Even better leave me a voice recording and we can play your question on the show.
Show Reference Links:
Link to the Lots More podcast from Bloomberg: https://www.bloomberg.com/news/articles/2023-10-20/lots-more-with-gregory-brew?srnd=oddlots#xj4y7vzkg
FOLLOW STOCK MARKET AUTHORITY
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YT: https://www.youtube.com/channel/UCQHszyBxraCznpQfuFK4NUQ
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LinkedIn: https://www.linkedin.com/in/kevin-r-baker/
IG: https://www.instagram.com/stockmarketauthority/
FB: https://www.facebook.com/stockmarketauthority
Reddit: https://www.reddit.com/user/bakes72
Join us as we go LIVE Wednesdays at 10am from the Studio 21 Podcast Café in Salem NH
stockmarketauthority
Investment
sprottetfs
StockMarket
UpMarket
DownMarket
BuyingStocks
SellingStocks
BakesTakes_
uranium
URNM
urnj
shortSPACS
finance
money
trading
technicalanalysis
charts
business
investing
stockmarket
wealth
markets
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M1
SOGU
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KevinPaffrath
MeetKevin
RoseHan
CaseyAdams
MarkoZlatic
WhiteboardFinance
DailyTrader
ScottGalloway
bitcoin
crypto
ethereum
stockmarketauthority
ETFS
buystocks
sellstocks
On today’s show I’ll give you a historical perspective on higher interest rates. I’ll go through the Mailbag and discuss Novo Nordisk (Ozempic), Lockheed Martin (defense) and Hormel. I’ll review the SMA portfolio, our performance since inception and how we’ll make money every year in up AND DOWN markets.
Much Needed Levity:
Nate Bargatze - Golfing with my Wife
https://www.oaktreecapital.com/insights/memo/further-thoughts-on-sea-change
If you want to write into the show with any questions or comments email me at Bakes@stockmarketauthority.com. Even better leave me a voice recording and we can play your question on the show.
Show Reference Links:
Howard Marks Memo:
https://www.oaktreecapital.com/insights/memo/further-thoughts-on-sea-change
FOLLOW STOCK MARKET AUTHORITY
Web: https://stockmarketauthority.com/
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Join us as we go LIVE Wednesdays at 10am from the Studio 21 Podcast Café in Salem NH
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stockmarketauthority
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BakesTakes_
uranium
URNM
urnj
shortSPACS
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charts
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investing
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markets
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Robinhood
WeBull
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M1
SOGU
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KevinPaffrath
MeetKevin
RoseHan
CaseyAdams
MarkoZlatic
WhiteboardFinance
DailyTrader
ScottGalloway
bitcoin
crypto
ethereum
stockmarketauthority
ETFS
buystocks
sellstocks
On today’s show we are throwing back to an interesting episode I did on Uranium. I’ll explain why I am again bullish on Uranium (just bought Sprott’s URNM). I’ll go through the Mailbag and analyze DR Horton/DHI, Consolidated Water/CWCO and AMC Entertainment/AMC. I’ll review the SMA portfolio, our performance since inception and how we’ll make money every year in up AND DOWN markets.
Much Needed Levity:
Gary Gulman: JCC Basketball Star
https://www.youtube.com/watch?v=ZFKjdsGy8Ms
If you want to write into the show with any questions or comments email me at Bakes@stockmarketauthority.com. Even better leave me a voice recording and we can play your question on the show.
Show Reference Links:
7/25/20 Top 10 Reasons I invested in #URNM # Uranium: https://www.youtube.com/watch?v=6FD4J4StWpY
9/21/21 Tim Rotolo, CEO, North Shore Global Uranium Mining ETF--URNM. Why uranium is rising and why now: https://www.youtube.com/watch?v=VwUOZv1tnrM
FOLLOW STOCK MARKET AUTHORITY
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Reddit: https://www.reddit.com/user/bakes72
Join us as we go LIVE Wednesdays at 10am from the Studio 21 Podcast Café in Salem NH
stockmarketauthority
Investment
sprottetfs
StockMarket
UpMarket
DownMarket
BuyingStocks
SellingStocks
BakesTakes_
uranium
URNM
urnj
shortSPACS
finance
money
trading
technicalanalysis
charts
business
investing
stockmarket
wealth
markets
WallStreetBets
Robinhood
WeBull
Sharescoops
GusChristensen
M1
SOGU
RobbieWhelan
KevinPaffrath
MeetKevin
RoseHan
CaseyAdams
MarkoZlatic
WhiteboardFinance
DailyTrader
ScottGalloway
bitcoin
crypto
ethereum
stockmarketauthority
ETFS
buystocks
sellstocks
If you want to write into the show with any questions or comments email me at Bakes@stockmarketauthority.com. Even better leave me a voice recording and we can play your question on the show.
On today’s show I’ll prove that the stock market elects the President. I’ll go through the Mailbag and discuss the pullback in Sprott Junior Uranium Miners/URNJ, NVIDIA/NVDA, and SPDRS S&P 500/SPY. I’ll review the SMA portfolio, our performance since inception and how we’ll make money every year in up AND DOWN markets.
Much Needed Levity:
Shane Gillis - Topic
https://www.youtube.com/watch?v=Q7ukdQAh5Fs
If you want to write into the show with any questions or comments email me at Bakes@stockmarketauthority.com. Even better leave me a voice recording and we can play your question on the show.
Show Reference Links:
FOLLOW STOCK MARKET AUTHORITY
Web: https://stockmarketauthority.com/
YT: https://www.youtube.com/channel/UCQHszyBxraCznpQfuFK4NUQ
TikTok: https://www.tiktok.com/@stockmarketauthority
Twitter: https://twitter.com/BakesTakes_
LinkedIn: https://www.linkedin.com/in/kevin-r-baker/
IG: https://www.instagram.com/stockmarketauthority/
FB: https://www.facebook.com/stockmarketauthority
Reddit: https://www.reddit.com/user/bakes72
Join us as we go LIVE Wednesdays at 10am from the Studio 21 Podcast Café in Salem NH
stockmarketauthority
Investment
sprottetfs
StockMarket
UpMarket
DownMarket
BuyingStocks
SellingStocks
BakesTakes_
uranium
URNM
urnj
shortSPACS
finance
money
trading
technicalanalysis
charts
business
investing
stockmarket
wealth
markets
WallStreetBets
Robinhood
WeBull
Sharescoops
GusChristensen
M1
SOGU
RobbieWhelan
KevinPaffrath
MeetKevin
RoseHan
CaseyAdams
MarkoZlatic
WhiteboardFinance
DailyTrader
ScottGalloway
bitcoin
crypto
ethereum
stockmarketauthority
ETFS
buystocks
sellstocks
On today’s show I’ll give Eric Balchunas of Bloomberg News and the Trillions podcast for his well-turned phrase—Uranium—Green Investing for Realists! I recommend his work and agree, obviously, with his assessment. I’ll go through the Mailbag and analyze Oracle/ORCL, Apple and Joby Aviation/JOBY. I’ll review the SMA portfolio, our performance since inception and how we’ll make money every year in up AND DOWN markets.
Much Needed Levity:
Frank Caliendo goes under the hoodie as Bill Belichick
https://www.youtube.com/watch?v=hYhO45Y15Fw
If you want to write into the show with any questions or comments email me at Bakes@stockmarketauthority.com. Even better leave me a voice recording and we can play your question on the show.
Show Reference Links:
FOLLOW STOCK MARKET AUTHORITY
Web: https://stockmarketauthority.com/
YT: https://www.youtube.com/channel/UCQHszyBxraCznpQfuFK4NUQ
TikTok: https://www.tiktok.com/@stockmarketauthority
Twitter: https://twitter.com/BakesTakes_
LinkedIn: https://www.linkedin.com/in/kevin-r-baker/
IG: https://www.instagram.com/stockmarketauthority/
FB: https://www.facebook.com/stockmarketauthority
Reddit: https://www.reddit.com/user/bakes72
Join us as we go LIVE Wednesdays at 10am from the Studio 21 Podcast Café in Salem NH
stockmarketauthority
Investment
sprottetfs
StockMarket
UpMarket
DownMarket
BuyingStocks
SellingStocks
BakesTakes_
uranium
URNM
urnj
shortSPACS
finance
money
trading
technicalanalysis
charts
business
investing
stockmarket
wealth
markets
WallStreetBets
Robinhood
WeBull
Sharescoops
GusChristensen
M1
SOGU
RobbieWhelan
KevinPaffrath
MeetKevin
RoseHan
CaseyAdams
MarkoZlatic
WhiteboardFinance
DailyTrader
ScottGalloway
bitcoin
crypto
ethereum
stockmarketauthority
ETFS
buystocks
sellstocks
On this episode I am going to show you WHY you WILL make money in Uranium.
I’m breaking down my 3-year Uranium journey thus far.
Show Reference Links:
7/25/20 --- Top 10 Reasons I invested in URNM: https://www.youtube.com/watch?v=6FD4J4StWpY
7/25/20 --- 10 more reasons to invest: https://www.youtube.com/watch?v=fwVnKIhSKzE
7/08/21 --- 10th Japanese nuclear plant restarting: https://www.youtube.com/watch?v=3-voQoZ-2v4
9/14/21 --- URNM, will rise more!: https://www.youtube.com/watch?v=VwUOZv1tnrM
9/21/21 --- Why uranium is rising and why now: https://www.youtube.com/watch?v=We02LXsyQPI
Much Needed Levity:
Brian Regan—Politics
https://www.youtube.com/watch?v=KWjgllUkCT4&t=4s
If you want to write into the show with any questions or comments email me at Bakes@stockmarketauthority.com. Even better leave me a voice recording and we can play your question on the show.
FOLLOW STOCK MARKET AUTHORITY
Web: https://stockmarketauthority.com/
YT: https://www.youtube.com/channel/UCQHszyBxraCznpQfuFK4NUQ
TikTok: https://www.tiktok.com/@stockmarketauthority
Twitter: https://twitter.com/BakesTakes_
LinkedIn: https://www.linkedin.com/in/kevin-r-baker/
IG: https://www.instagram.com/stockmarketauthority/
FB: https://www.facebook.com/stockmarketauthority
Reddit: https://www.reddit.com/user/bakes72
Join us as we record LIVE Wednesdays at 10am from the Studio 21 Podcast Café in Salem NH
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Investment
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DailyTrader
ScottGalloway
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crypto
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Energize Your Financial Future!
On today’s show I’ll explain why Energy/Oil and Gas is NOW a BUY! I’ll go through the Mailbag and analyze VanEck Oil Services/OIH, SPDR S&P Oil & Gas Production/XOP and Disney/DIS. I’ll review the SMA portfolio, our performance since inception and how we’ll make money every year in up AND DOWN markets.
Much Needed Levity:
Norm Macdonald - Topic
https://www.youtube.com/watch?v=_2ktWtIDQQQ
If you want to write into the show with any questions or comments email me at Bakes@stockmarketauthority.com. Even better leave me a voice recording and we can play your question on the show.
Show Reference Links:
Wall St Journal Energy Stocks: https://www.wsj.com/finance/stocks/energy-stocks-are-back-in-the-markets-drivers-seat-4148bcd7?mod=Searchresults_pos1&page=1
Trends With Friends : https://www.youtube.com/watch?v=GmpHc_r8Dkw&list=PL9f6cXh3YFdCIk9rqcIET225LmOaMBO1X
Pivot Podcast – Best Tesla History I’ve found: https://open.spotify.com/episode/1KjGfVKNhZicSSgzSaRdPt
Acquired Podcast - Nvidia: https://www.acquired.fm/episodes/nvidia-the-dawn-of-the-ai-era
FOLLOW STOCK MARKET AUTHORITY
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Join us as we go LIVE Wednesdays at 10am from the Studio 21 Podcast Café in Salem NH
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urnj
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MarkoZlatic
WhiteboardFinance
DailyTrader
ScottGalloway
bitcoin
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ethereum
stockmarketauthority
ETFS
buystocks
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On today’s show I’ll explain further why I am again bullish on Uranium (Sprott’s URNM, URNJ breaking out). I’ll go through the Mailbag and analyze VanEck Oil Services/OIH, SPDR S&P Oil & Gas Production/XOP and Disney/DIS. I’ll review the SMA portfolio, our performance since inception and how we’ll make money every year in up AND DOWN markets.
Much Needed Levity:
Pablo Francisco - They Put It Out There - Little Tortilla Boy 2
https://www.youtube.com/watch?v=GqgcqZZt4Rg&t=14s
If you want to write into the show with any questions or comments email me at Bakes@stockmarketauthority.com. Even better leave me a voice recording and we can play your question on the show.
Show Reference Links:
FOLLOW STOCK MARKET AUTHORITY
Web: https://stockmarketauthority.com/
YT: https://www.youtube.com/channel/UCQHszyBxraCznpQfuFK4NUQ
TikTok: https://www.tiktok.com/@stockmarketauthority
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FB: https://www.facebook.com/stockmarketauthority
Reddit: https://www.reddit.com/user/bakes72
Join us as we go LIVE Wednesdays at 10am from the Studio 21 Podcast Café in Salem NH
stockmarketauthority
Investment
sprottetfs
StockMarket
UpMarket
DownMarket
BuyingStocks
SellingStocks
BakesTakes_
uranium
URNM
urnj
shortSPACS
finance
money
trading
technicalanalysis
charts
business
investing
stockmarket
wealth
markets
WallStreetBets
Robinhood
WeBull
Sharescoops
GusChristensen
M1
SOGU
RobbieWhelan
KevinPaffrath
MeetKevin
RoseHan
CaseyAdams
MarkoZlatic
WhiteboardFinance
DailyTrader
ScottGalloway
bitcoin
crypto
ethereum
stockmarketauthority
ETFS
buystocks
sellstocks
On today’s show I’ll explain further why I am again bullish on Uranium (made Sprott’s URNM, URNJ full positions). I’ll go through the Mailbag and analyze Energy Transfer/ET, NVIDIA/SOXX, and SLB (formerly Schlumberger). I’ll review the SMA portfolio, our performance since inception and how we’ll make money every year in up AND DOWN markets.
Much Needed Levity:
Jim Gaffigan's Hilarious Best Moments
https://www.youtube.com/watch?v=HEjpLpEqMU0
If you want to write into the show with any questions or comments email me at Bakes@stockmarketauthority.com. Even better leave me a voice recording and we can play your question on the show.
Show Reference Links:
$URA Uranium sale 1/19/22 correct, $22 down to $20 now:
https://www.youtube.com/watch?v=9eUH4ruBd58
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Join us as we go LIVE Wednesdays at 10am from the Studio 21 Podcast Café in Salem NH
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On today’s show I’ll explain why I am again bullish on Uranium (just bought Sprott’s URNM). I’ll go through the Mailbag and analyze DR Horton/DHI, Consolidated Water/CWCO and AMC Entertainment/AMC. I’ll review the SMA portfolio, our performance since inception and how we’ll make money every year in up AND DOWN markets.
Much Needed Levity:
Gary Gulman: JCC Basketball Star
https://www.youtube.com/watch?v=ZFKjdsGy8Ms
If you want to write into the show with any questions or comments email me at Bakes@stockmarketauthority.com. Even better leave me a voice recording and we can play your question on the show.
Show Reference Links:
7/25/20 Top 10 Reasons I invested in #URNM # Uranium: https://www.youtube.com/watch?v=6FD4J4StWpY
9/21/21 Tim Rotolo, CEO, North Shore Global Uranium Mining ETF--URNM. Why uranium is rising and why now: https://www.youtube.com/watch?v=VwUOZv1tnrM
FOLLOW STOCK MARKET AUTHORITY
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stockmarketauthority
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MeetKevin
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CaseyAdams
MarkoZlatic
WhiteboardFinance
DailyTrader
ScottGalloway
bitcoin
crypto
ethereum
stockmarketauthority
ETFS
buystocks
sellstocks
On this episode I am going to explain WHY I would interview a CEO to find a good investment and the opening questions I ask, to get to the crux of the matter.
In this 3 part Back to Bakesics series I am going to walk you through my process on interviewing CEO’s to find the best investments. This is an in depth topic, so I’m breaking it into the following three episodes which I’ll be releasing over the next few months.
Part 1 - Getting to the Crux of the Matter
Part 2 - Sorting Through the Financials
Part 3 - Battle Scars, Questions I wish I knew to ask back then that I know to ask now
If you want to write into the show with any questions or comments email me at Bakes@stockmarketauthority.com. Even better leave me a voice recording and we can play your question on the show.
Show Reference Links:
FOLLOW STOCK MARKET AUTHORITY
Web: https://stockmarketauthority.com/
YT: https://www.youtube.com/channel/UCQHszyBxraCznpQfuFK4NUQ
TikTok: https://www.tiktok.com/@stockmarketauthority
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Reddit: https://www.reddit.com/user/bakes72
Join us as we record LIVE Wednesdays at 10am from the Studio 21 Podcast Café in Salem NH
stockmarketauthority
Investment
sprottetfs
StockMarket
UpMarket
DownMarket
BuyingStocks
SellingStocks
BakesTakes_
uranium
URNM
urnj
shortSPACS
finance
money
trading
technicalanalysis
charts
business
investing
stockmarket
wealth
markets
WallStreetBets
Robinhood
WeBull
Sharescoops
GusChristensen
M1
SOGU
RobbieWhelan
KevinPaffrath
MeetKevin
RoseHan
CaseyAdams
MarkoZlatic
WhiteboardFinance
DailyTrader
ScottGalloway
bitcoin
crypto
ethereum
stockmarketauthority
ETFS
buystocks
sellstocks
On this episode I cover all the questions I wish I knew to ask back when I was starting out, that I make sure I ask now.
In this 3 part Back to Bakesics series I am going to walk you through my process on interviewing CEO’s to find the best investments. This is an in depth topic, so I’m breaking it into the following three episodes which I’ll be releasing over the next few months.
Part 1 - Getting to the Crux of the Matter
Part 2 - Sorting Through the Financials
Part 3 - Battle Scars, Questions I wish I knew to ask back then that I know to ask now
If you want to write into the show with any questions or comments email me at Bakes@stockmarketauthority.com. Even better leave me a voice recording and we can play your question on the show.
Show Reference Links:
FOLLOW STOCK MARKET AUTHORITY
Web: https://stockmarketauthority.com/
YT: https://www.youtube.com/channel/UCQHszyBxraCznpQfuFK4NUQ
TikTok: https://www.tiktok.com/@stockmarketauthority
Twitter: https://twitter.com/BakesTakes_
LinkedIn: https://www.linkedin.com/in/kevin-r-baker/
IG: https://www.instagram.com/stockmarketauthority/
FB: https://www.facebook.com/stockmarketauthority
Reddit: https://www.reddit.com/user/bakes72
Join us as we record LIVE Wednesdays at 10am from the Studio 21 Podcast Café in Salem NH
stockmarketauthority
Investment
sprottetfs
StockMarket
UpMarket
DownMarket
BuyingStocks
SellingStocks
BakesTakes_
uranium
URNM
urnj
shortSPACS
finance
money
trading
technicalanalysis
charts
business
investing
stockmarket
wealth
markets
WallStreetBets
Robinhood
WeBull
Sharescoops
GusChristensen
M1
SOGU
RobbieWhelan
KevinPaffrath
MeetKevin
RoseHan
CaseyAdams
MarkoZlatic
WhiteboardFinance
DailyTrader
ScottGalloway
bitcoin
crypto
ethereum
stockmarketauthority
ETFS
buystocks
sellstocks
On this episode I cover all the questions I would ask to get the key financial metrics of a company, looking for steady improvement.
In this 3 part Back to Bakesics series I am going to walk you through my process on interviewing CEO’s to find the best investments. This is an in depth topic, so I’m breaking it into the following three episodes which I’ll be releasing over the next few months.
Part 1 - Getting to the Crux of the Matter
Part 2 - Sorting Through the Financials
Part 3 - Battle Scars, Questions I wish I knew to ask back then that I know to ask now
If you want to write into the show with any questions or comments email me at Bakes@stockmarketauthority.com. Even better leave me a voice recording and we can play your question on the show.
Show Reference Links:
FOLLOW STOCK MARKET AUTHORITY
Web: https://stockmarketauthority.com/
YT: https://www.youtube.com/channel/UCQHszyBxraCznpQfuFK4NUQ
TikTok: https://www.tiktok.com/@stockmarketauthority
Twitter: https://twitter.com/BakesTakes_
LinkedIn: https://www.linkedin.com/in/kevin-r-baker/
IG: https://www.instagram.com/stockmarketauthority/
FB: https://www.facebook.com/stockmarketauthority
Reddit: https://www.reddit.com/user/bakes72
Join us as we record LIVE Wednesdays at 10am from the Studio 21 Podcast Café in Salem NH
stockmarketauthority
Investment
sprottetfs
StockMarket
UpMarket
DownMarket
BuyingStocks
SellingStocks
BakesTakes_
uranium
URNM
urnj
shortSPACS
finance
money
trading
technicalanalysis
charts
business
investing
stockmarket
wealth
markets
WallStreetBets
Robinhood
WeBull
Sharescoops
GusChristensen
M1
SOGU
RobbieWhelan
KevinPaffrath
MeetKevin
RoseHan
CaseyAdams
MarkoZlatic
WhiteboardFinance
DailyTrader
ScottGalloway
bitcoin
crypto
ethereum
stockmarketauthority
ETFS
buystocks
sellstocks
On today’s show I’ll explain why I have bought Ark Innovation/ARKK after effectively shorting to make money over all last year. I’ll go through the Mailbag and analyze Photronics/PLAB, Sharescoops stocks Domino’s Pizza/DPZ, and Mattel/MAT. I’ll review through the SMA portfolio, our performance since inception and how we’ll make money every year in up AND DOWN markets.
Much Needed Levity:
Nate Bargatze - The Worst Time Traveler
https://www.youtube.com/watch?v=o5X1m16-Jvc
If you want to write into the show with any questions or comments email me at Bakes@stockmarketauthority.com. Even better leave me a voice recording and we can play your question on the show.
Show Reference Links:
Tesla: https://www.youtube.com/watch?v=CuUSQQo0BY4
FOLLOW STOCK MARKET AUTHORITY
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stockmarketauthority
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BakesTakes_
uranium
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urnj
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SOGU
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Today I am interviewing Earl Holsapple (CEO) and David Schaffer (IR/BD) of SciTech Development LLC, a private (not publicly traded) oncology company.
I want to show you exactly how I conduct these interviews to see if a company is worth investing in.
My process is honed after 25+ years of meeting with thousands of C-Suite executives. David has sat through dozens of these meetings, and I thought it would be a win/win/win to interview him and Earle, the CEO, as SciTech progresses.
To pick a potential company I usually go through the charts I feel most compelling or the stocks that you ask about. I analyze the technicals, the charts, first, then interview CEO’s and CFO’s to nail down the fundamentals. When they both align is when I’ve discovered my biggest winners.
For more information on SciTech Development visit their websites:
https://scitechsdp.com/
https://www.scitechdevelopment.com/
Much Needed Levity:
Don Gavin: I’m Not Good With Money
https://www.youtube.com/watch?v=2ng85FP6ZF0
If you want to write into the show with any questions or comments email me at Bakes@stockmarketauthority.com. Even better leave me a voice recording and we can play your question on the show.
Show Reference Links:
FOLLOW STOCK MARKET AUTHORITY
Web: https://stockmarketauthority.com/
YT: https://www.youtube.com/channel/UCQHszyBxraCznpQfuFK4NUQ
TikTok: https://www.tiktok.com/@stockmarketauthority
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FB: https://www.facebook.com/stockmarketauthority
Reddit: https://www.reddit.com/user/bakes72
Join us as we go LIVE Wednesdays at 10am from the Studio 21 Podcast Café in Salem NH
stockmarketauthority
Investment
sprottetfs
StockMarket
UpMarket
DownMarket
BuyingStocks
SellingStocks
BakesTakes_
uranium
URNM
urnj
shortSPACS
finance
money
trading
technicalanalysis
charts
business
investing
stockmarket
wealth
markets
WallStreetBets
Robinhood
WeBull
Sharescoops
GusChristensen
M1
SOGU
RobbieWhelan
KevinPaffrath
MeetKevin
RoseHan
CaseyAdams
MarkoZlatic
WhiteboardFinance
DailyTrader
ScottGalloway
bitcoin
crypto
ethereum
stockmarketauthority
ETFS
buystocks
sellstocks
On today’s show I’ll explain what I look for in charts to find winners (and avoid losers). I’ll go through the Mailbag and analyze Sharescoops stocks Biogen/BIIB, McDonalds/MCD and Meta/Meta. I’ll review through the SMA portfolio, our performance since inception and how we’ll make money every year in up AND DOWN markets.
Much Needed Levity:
Josh Blue – Finalist on America's Got Talent 2021:
https://www.youtube.com/watch?v=sGbJd187fIo
If you want to write into the show with any questions or comments email me at Bakes@stockmarketauthority.com. Even better leave me a voice recording and we can play your question on the show.
Show Reference Links:
FOLLOW STOCK MARKET AUTHORITY
Web: https://stockmarketauthority.com/
YT: https://www.youtube.com/channel/UCQHszyBxraCznpQfuFK4NUQ
TikTok: https://www.tiktok.com/@stockmarketauthority
Twitter: https://twitter.com/BakesTakes_
LinkedIn: https://www.linkedin.com/in/kevin-r-baker/
IG: https://www.instagram.com/stockmarketauthority/
FB: https://www.facebook.com/stockmarketauthority
Reddit: https://www.reddit.com/user/bakes72
Join us as we go LIVE Wednesdays at 10am from the Studio 21 Podcast Café in Salem NH
stockmarketauthority
Investment
sprottetfs
StockMarket
UpMarket
DownMarket
BuyingStocks
SellingStocks
BakesTakes_
uranium
URNM
urnj
shortSPACS
finance
money
trading
technicalanalysis
charts
business
investing
stockmarket
wealth
markets
WallStreetBets
Robinhood
WeBull
Sharescoops
GusChristensen
M1
SOGU
RobbieWhelan
KevinPaffrath
MeetKevin
RoseHan
CaseyAdams
MarkoZlatic
WhiteboardFinance
DailyTrader
ScottGalloway
bitcoin
crypto
ethereum
stockmarketauthority
ETFS
buystocks
sellstocks
On this episode I am going to explain WHY I would interview a CEO to find a good investment and the opening questions I ask, to get to the crux of the matter.
In this 3 part Back to Bakesics series I am going to walk you through my process on interviewing CEO’s to find the best investments. This is an in depth topic, so I’m breaking it into the following three episodes which I’ll be releasing over the next few months.
Part 1 - Getting to the Crux of the Matter
Part 2 - Sorting Through the Financials
Part 3 - Battle Scars, Questions I wish I knew to ask back then that I know to ask now
If you want to write into the show with any questions or comments email me at Bakes@stockmarketauthority.com. Even better leave me a voice recording and we can play your question on the show.
Show Reference Links:
FOLLOW STOCK MARKET AUTHORITY
Web: https://stockmarketauthority.com/
YT: https://www.youtube.com/channel/UCQHszyBxraCznpQfuFK4NUQ
TikTok: https://www.tiktok.com/@stockmarketauthority
Twitter: https://twitter.com/BakesTakes_
LinkedIn: https://www.linkedin.com/in/kevin-r-baker/
IG: https://www.instagram.com/stockmarketauthority/
FB: https://www.facebook.com/stockmarketauthority
Reddit: https://www.reddit.com/user/bakes72
Join us as we record LIVE Wednesdays at 10am from the Studio 21 Podcast Café in Salem NH
stockmarketauthority
Investment
sprottetfs
StockMarket
UpMarket
DownMarket
BuyingStocks
SellingStocks
BakesTakes_
uranium
URNM
urnj
shortSPACS
finance
money
trading
technicalanalysis
charts
business
investing
stockmarket
wealth
markets
WallStreetBets
Robinhood
WeBull
Sharescoops
GusChristensen
M1
SOGU
RobbieWhelan
KevinPaffrath
MeetKevin
RoseHan
CaseyAdams
MarkoZlatic
WhiteboardFinance
DailyTrader
ScottGalloway
bitcoin
crypto
ethereum
stockmarketauthority
ETFS
buystocks
sellstocks
On today’s show I’ll explain why economists can’t pick stocks. I’ll go through the Mailbag and analyze Johnson Controls, Ford, and Tesla. I’ll walk through the SMA portfolio, recent buys of bitcoin and bitcoin miners as I strive to make money this year.
Much Needed Levity:
Demetri Martin - short Jokes
https://www.outube.com/watch?v=-4LUjBLmfMM&t=14s
If you want to write into the show with any questions or comments email me at Bakes@stockmarketauthority.com. Even better leave me a voice recording and we can play your question on the show.
Show Reference Links:
Masters in Business Podcast:
https://www.bloomberg.com/news/audio/2023-06-23/peter-borish-on-lessons-from-the-1987-market-crash-podcast
Economist Article -
https://www.economist.com/the-americas/2023/06/22/annual-inflation-of-114-is-pushing-argentina-to-the-right
FOLLOW STOCK MARKET AUTHORITY
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Join us as we go LIVE Wednesdays at 10am from the Studio 21 Podcast Café in Salem NH
stockmarketauthority
Investment
sprottetfs
StockMarket
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BakesTakes_
uranium
URNM
urnj
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charts
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Robinhood
WeBull
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SOGU
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KevinPaffrath
MeetKevin
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MarkoZlatic
WhiteboardFinance
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ScottGalloway
bitcoin
crypto
ethereum
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sellstocks
On today’s show I’ll tell you about fighting the market (I fought the market, the market won). I’ll go through the Mailbag and talk about Lexicon Pharmaceuticals, EOG Resources, and SOFI. I’ll walk through the SMA portfolio, recent improvements and how we’ll make money this year.
Much Needed Levity:
Bret Ernst, America Walks in a Club
https://www.youtube.com/watch?v=I_vDcvEPlPM&t=2s
If you want to write into the show with any questions or comments email me at Bakes@stockmarketauthority.com. Even better leave me a voice recording and we can play your question on the show.
Show Reference Links:
Line Drive Charters: https://www.linedrivecharters.com/
FOLLOW STOCK MARKET AUTHORITY
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Join us as we go LIVE Wednesdays at 10am from the Studio 21 Podcast Café in Salem NH
stockmarketauthority
Investment
sprottetfs
StockMarket
UpMarket
DownMarket
BuyingStocks
SellingStocks
BakesTakes_
uranium
URNM
urnj
shortSPACS
finance
money
trading
technicalanalysis
charts
business
investing
stockmarket
wealth
markets
WallStreetBets
Robinhood
WeBull
Sharescoops
GusChristensen
M1
SOGU
RobbieWhelan
KevinPaffrath
MeetKevin
RoseHan
CaseyAdams
MarkoZlatic
WhiteboardFinance
DailyTrader
ScottGalloway
bitcoin
crypto
ethereum
stockmarketauthority
ETFS
buystocks
sellstocks
On today’s show I’ll tell you about investing in uranium…again. I’ll go through the Mailbag and talk about Schlumberger, Palo Alto Networks and Lowes. I’ll walk through the SMA portfolio, recent improvements and how we’ll make money this year.
Much Needed Levity:
Gary Gulman On Anti-Semitism
https://www.youtube.com/watch?v=eRjOSjsON-8
If you want to write into the show with any questions or comments email me at Bakes@stockmarketauthority.com. Even better leave me a voice recording and we can play your question on the show.
Show Reference Links:
7/25/20 Top 10 reasons I invested in #URNM #Uranium!
https://www.youtube.com/watch?v=6FD4J4StWpY&t=86s
FOLLOW STOCK MARKET AUTHORITY
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Reddit: https://www.reddit.com/user/bakes72
Join us as we go LIVE Wednesdays at 10am from the Studio 21 Podcast Café in Salem NH
stockmarketauthority
Investment
sprottetfs
StockMarket
UpMarket
DownMarket
BuyingStocks
SellingStocks
BakesTakes_
uranium
URNM
urnj
shortSPACS
finance
money
trading
technicalanalysis
charts
business
investing
stockmarket
wealth
markets
WallStreetBets
Robinhood
WeBull
Sharescoops
GusChristensen
M1
SOGU
RobbieWhelan
KevinPaffrath
MeetKevin
RoseHan
CaseyAdams
MarkoZlatic
WhiteboardFinance
DailyTrader
ScottGalloway
bitcoin
crypto
ethereum
stockmarketauthority
ETFS
buystocks
sellstocks
On today’s show I’ll tell you about what stock market history says about selling stocks, like Nvidia. I’ll go through the Mailbag and talk about infrastructure, commodities and foreign stock for a good friend of mine. I’ll walk through the SMA portfolio, recent improvements and how we’ll make money this year.
Much Needed Levity:
Frank Caliendo - Letterman - Impressionists Week
https://www.youtube.com/watch?v=CqN8v5pZC54
Show Reference Links:
FOLLOW STOCK MARKET AUTHORITY
Web: https://stockmarketauthority.com/
YT: https://www.youtube.com/channel/UCQHszyBxraCznpQfuFK4NUQ
TikTok: https://www.tiktok.com/@stockmarketauthority
Twitter: https://twitter.com/BakesTakes_
LinkedIn: https://www.linkedin.com/in/kevin-r-baker/
IG: https://www.instagram.com/stockmarketauthority/
FB: https://www.facebook.com/stockmarketauthority
Reddit: https://www.reddit.com/user/bakes72
Join us as we go LIVE Wednesdays at 10am from the Studio 21 Podcast Café in Salem NH
stockmarketauthority
Investment
StockMarket
UpMarket
DownMarket
BuyingStocks
SellingStocks
BakesTakes_
uranium
URNM
shortSPACS
finance
money
trading
technicalanalysis
charts
business
investing
stockmarket
wealth
markets
WallStreetBets
Robinhood
WeBull
Sharescoops
GusChristensen
M1
SOGU
RobbieWhelan
KevinPaffrath
MeetKevin
RoseHan
CaseyAdams
MarkoZlatic
WhiteboardFinance
DailyTrader
ScottGalloway
bitcoin
crypto
ethereum
stockmarketauthority
ETFS
buystocks
sellstocks
For today’s show Bakes is re airing an episode from his “Back to Bakesics” series Understanding Earnings and P/E’s this is a super helpful and educational episode, aimed at helping you better understand investing and to help make you a smarter investor, ENJOY!
Show Reference Links:
FOLLOW STOCK MARKET AUTHORITY
Web: https://stockmarketauthority.com/
YT: https://www.youtube.com/channel/UCQHszyBxraCznpQfuFK4NUQ
TikTok: https://www.tiktok.com/@stockmarketauthority
Twitter: https://twitter.com/BakesTakes_
LinkedIn: https://www.linkedin.com/in/kevin-r-baker/
IG: https://www.instagram.com/stockmarketauthority/
FB: https://www.facebook.com/stockmarketauthority
Reddit: https://www.reddit.com/user/bakes72
Join us as we go LIVE Wednesdays at 10am from the Studio 21 Podcast Café in Salem NH
stockmarketauthority
Investment
StockMarket
UpMarket
DownMarket
BuyingStocks
SellingStocks
BakesTakes_
uranium
URNM
shortSPACS
finance
money
trading
technicalanalysis
charts
business
investing
stockmarket
wealth
markets
WallStreetBets
Robinhood
WeBull
Sharescoops
GusChristensen
M1
SOGU
RobbieWhelan
KevinPaffrath
MeetKevin
RoseHan
CaseyAdams
MarkoZlatic
WhiteboardFinance
DailyTrader
ScottGalloway
bitcoin
crypto
ethereum
stockmarketauthority
ETFS
buystocks
sellstocks
On today’s show I’ll tell you what I hear the market saying. I’ll go through the Mailbag and talk about regional banks, United Rentals, and more. I’ll walk through the SMA portfolio, recent improvements and how we’ll make money this year.
Much Needed Levity:
50 Most Savage Burns & Insults
https://www.youtube.com/watch?v=G0DbQdPZjhI
Show Reference Links:
FOLLOW STOCK MARKET AUTHORITY
Web: https://stockmarketauthority.com/
YT: https://www.youtube.com/channel/UCQHszyBxraCznpQfuFK4NUQ
TikTok: https://www.tiktok.com/@stockmarketauthority
Twitter: https://twitter.com/BakesTakes_
LinkedIn: https://www.linkedin.com/in/kevin-r-baker/
IG: https://www.instagram.com/stockmarketauthority/
FB: https://www.facebook.com/stockmarketauthority
Reddit: https://www.reddit.com/user/bakes72
Join us as we go LIVE Wednesdays at 10am from the Studio 21 Podcast Café in Salem NH
stockmarketauthority
Investment
StockMarket
UpMarket
DownMarket
BuyingStocks
SellingStocks
BakesTakes_
uranium
URNM
shortSPACS
finance
money
trading
technicalanalysis
charts
business
investing
stockmarket
wealth
markets
WallStreetBets
Robinhood
WeBull
Sharescoops
GusChristensen
M1
SOGU
RobbieWhelan
KevinPaffrath
MeetKevin
RoseHan
CaseyAdams
MarkoZlatic
WhiteboardFinance
DailyTrader
ScottGalloway
bitcoin
crypto
ethereum
stockmarketauthority
ETFS
buystocks
sellstocks
On today’s show I’ll address the DMZ the market is stuck in. I’ll go through the Mailbag and talk about Tesla, Shake Shack and more. I’ll walk through the SMA portfolio, recent improvements and how we’ll make money this year.
Much Needed Levity:
33 Standup Jokes to Beat Stress:
https://www.youtube.com/watch?v=vB3dgQx7gE4
Show Reference Links:
FOLLOW STOCK MARKET AUTHORITY
Web: https://stockmarketauthority.com/
YT: https://www.youtube.com/channel/UCQHszyBxraCznpQfuFK4NUQ
TikTok: https://www.tiktok.com/@stockmarketauthority
Twitter: https://twitter.com/BakesTakes_
LinkedIn: https://www.linkedin.com/in/kevin-r-baker/
IG: https://www.instagram.com/stockmarketauthority/
FB: https://www.facebook.com/stockmarketauthority
Reddit: https://www.reddit.com/user/bakes72
Join us as we go LIVE Wednesdays at 10am from the Studio 21 Podcast Café in Salem NH
stockmarketauthority
Investment
StockMarket
UpMarket
DownMarket
BuyingStocks
SellingStocks
BakesTakes_
uranium
URNM
shortSPACS
finance
money
trading
technicalanalysis
charts
business
investing
stockmarket
wealth
markets
WallStreetBets
Robinhood
WeBull
Sharescoops
GusChristensen
M1
SOGU
RobbieWhelan
KevinPaffrath
MeetKevin
RoseHan
CaseyAdams
MarkoZlatic
WhiteboardFinance
DailyTrader
ScottGalloway
bitcoin
crypto
ethereum
stockmarketauthority
ETFS
buystocks
sellstocks
On today’s show I’ll tell you to invest in the market you have vs. wish for the one you want. I’ll go through the Mailbag and I’ll walk through the SMA portfolio, recent improvements and how we’ll make money this year.
Much Needed Levity:
Gabriel Iglesias FUNNIEST Stories
https://www.youtube.com/watch?v=vTXiZBbjuaI
Show Reference Links:
Trends with Friends Podcast:
The Great American Trend, The Gold Rush, 1-Year Highs, Apple vs. LVMH,
https://podcasts.apple.com/us/podcast/the-great-american-trend-the-gold-rush-1-year-highs/id1670692277?i=1000611972227
FOLLOW STOCK MARKET AUTHORITY
Web: https://stockmarketauthority.com/
YT: https://www.youtube.com/channel/UCQHszyBxraCznpQfuFK4NUQ
TikTok: https://www.tiktok.com/@stockmarketauthority
Twitter: https://twitter.com/BakesTakes_
LinkedIn: https://www.linkedin.com/in/kevin-r-baker/
IG: https://www.instagram.com/stockmarketauthority/
FB: https://www.facebook.com/stockmarketauthority
Reddit: https://www.reddit.com/user/bakes72
Join us as we go LIVE Wednesdays at 10am from the Studio 21 Podcast Café in Salem NH
stockmarketauthority
Investment
StockMarket
UpMarket
DownMarket
BuyingStocks
SellingStocks
BakesTakes_
uranium
URNM
shortSPACS
finance
money
trading
technicalanalysis
charts
business
investing
stockmarket
wealth
markets
WallStreetBets
Robinhood
WeBull
Sharescoops
GusChristensen
M1
SOGU
RobbieWhelan
KevinPaffrath
MeetKevin
RoseHan
CaseyAdams
MarkoZlatic
WhiteboardFinance
DailyTrader
ScottGalloway
bitcoin
crypto
ethereum
stockmarketauthority
ETFS
buystocks
sellstocks
Today I am going to replay an episode from a few weeks ago that I think is very relevant right now, pay special attention to my prescient comments on First Republic Bank/FRC at the 17:33 mark!
I also talked about pigs at the trough portfolio management. I’ll go through the Mailbag and talk about financials/banks haves and have nots. I’ll walk through the SMA portfolio, recent improvements and how we’ll make money this year.
Much Needed Levity:
Shane Gillis History Lesson on Alabama Football
https://www.youtube.com/watch?v=GfDilPmRgnM
FOLLOW STOCK MARKET AUTHORITY
Web: https://stockmarketauthority.com/
YT: https://www.youtube.com/channel/UCQHszyBxraCznpQfuFK4NUQ
TikTok: https://www.tiktok.com/@stockmarketauthority
Twitter: https://twitter.com/BakesTakes_
LinkedIn: https://www.linkedin.com/in/kevin-r-baker/
IG: https://www.instagram.com/stockmarketauthority/
FB: https://www.facebook.com/stockmarketauthority
Reddit: https://www.reddit.com/user/bakes72
Join us as we go LIVE Wednesdays at 10am from the Studio 21 Podcast Café in Salem NH
stockmarketauthority
Investment
StockMarket
UpMarket
DownMarket
BuyingStocks
SellingStocks
BakesTakes_
uranium
URNM
shortSPACS
finance
money
trading
technicalanalysis
charts
business
investing
stockmarket
wealth
markets
WallStreetBets
Robinhood
WeBull
Sharescoops
GusChristensen
M1
SOGU
RobbieWhelan
KevinPaffrath
MeetKevin
RoseHan
CaseyAdams
MarkoZlatic
WhiteboardFinance
DailyTrader
ScottGalloway
bitcoin
crypto
ethereum
stockmarketauthority
ETFS
buystocks
sellstocks
On today’s show I reprise my thoughts on portfolio Darwinism and selling losers like First Republic Bank. I’ll go through the Mailbag and talk about Tesla, General Motors and Lyft. I’ll walk through the SMA portfolio, recent improvements and how we’ll make money this year.
Much Needed Levity:
Norm Macdonald & Jerry Seinfeld getting coffee:
https://www.youtube.com/watch?v=Que0ty0jlAg
FOLLOW STOCK MARKET AUTHORITY
Web: https://stockmarketauthority.com/
YT: https://www.youtube.com/channel/UCQHszyBxraCznpQfuFK4NUQ
TikTok: https://www.tiktok.com/@stockmarketauthority
Twitter: https://twitter.com/BakesTakes_
LinkedIn: https://www.linkedin.com/in/kevin-r-baker/
IG: https://www.instagram.com/stockmarketauthority/
FB: https://www.facebook.com/stockmarketauthority
Reddit: https://www.reddit.com/user/bakes72
Join us as we go LIVE Wednesdays at 10am from the Studio 21 Podcast Café in Salem NH
stockmarketauthority
Investment
StockMarket
UpMarket
DownMarket
BuyingStocks
SellingStocks
BakesTakes_
uranium
URNM
shortSPACS
finance
money
trading
technicalanalysis
charts
business
investing
stockmarket
wealth
markets
WallStreetBets
Robinhood
WeBull
Sharescoops
GusChristensen
M1
SOGU
RobbieWhelan
KevinPaffrath
MeetKevin
RoseHan
CaseyAdams
MarkoZlatic
WhiteboardFinance
DailyTrader
ScottGalloway
bitcoin
crypto
ethereum
stockmarketauthority
ETFS
buystocks
sellstocks
On today’s show I talk with my friend Gus Christensen, CEO of ShareScoops. We share a passion for teaching financial literacy to young people. I’ll go through the Mailbag and talk about semi’s and some ShareScoops stocks. I’ll walk through the SMA portfolio, recent improvments and how we’ll make money this year
Much Needed Levity:
John Pinette - Italian restaurant https://www.youtube.com/watch?v=NMTfBjOzUSc
Show Reference Links:
ShareScoops IG : https://www.instagram.com/sharescoops/?hl=en
Invest in ShareScoops : https://republic.com/share-scoops-inc?utm_source=share-scoops-inc&utm_medium=email&utm_campaign=issuer_ref
ShareScoops Free Newsletter: https://sharescoops.com/
Web: https://stockmarketauthority.com/
YT: https://www.youtube.com/channel/UCQHszyBxraCznpQfuFK4NUQ
TikTok: https://www.tiktok.com/@stockmarketauthority
Twitter: https://twitter.com/BakesTakes_
LinkedIn: https://www.linkedin.com/in/kevin-r-baker/
IG: https://www.instagram.com/stockmarketauthority/
FB: https://www.facebook.com/stockmarketauthority
Reddit: https://www.reddit.com/user/bakes72
Join us as we go LIVE Wednesdays at 10am from the Studio 21 Podcast Café in Salem NH
Sharescoops
Guschristensen
stockmarketauthority
Investment
StockMarket
UpMarket
DownMarket
BuyingStocks
SellingStocks
BakesTakes_
uranium
URNM
shortSPACS
finance
money
trading
technicalanalysis
charts
business
investing
stockmarket
wealth
markets
WallStreetBets
Robinhood
WeBull
Sharescoops
GusChristensen
M1
SOGU
RobbieWhelan
KevinPaffrath
MeetKevin
RoseHan
CaseyAdams
MarkoZlatic
WhiteboardFinance
DailyTrader
ScottGalloway
bitcoin
crypto
ethereum
stockmarketauthority
ETFS
buystocks
sellstocks
On today’s show I talk about pigs at the trough portfolio management. I’ll go through the Mailbag and talk about financials/banks haves and have nots. I’ll walk through the SMA portfolio, recent improvements and how we’ll make money this year.
Much Needed Levity:
Shane Gillis History Lesson on Alabama Football
https://www.youtube.com/watch?v=GfDilPmRgnM
Show Reference Links:
Web: https://stockmarketauthority.com/
YT: https://www.youtube.com/channel/UCQHszyBxraCznpQfuFK4NUQ
TikTok: https://www.tiktok.com/@stockmarketauthority
Twitter: https://twitter.com/BakesTakes_
LinkedIn: https://www.linkedin.com/in/kevin-r-baker/
IG: https://www.instagram.com/stockmarketauthority/
FB: https://www.facebook.com/stockmarketauthority
Reddit: https://www.reddit.com/user/bakes72
Join us as we go LIVE Wednesdays at 10am from the Studio 21 Podcast Café in Salem NH
stockmarketauthority
Investment
StockMarket
UpMarket
DownMarket
BuyingStocks
SellingStocks
BakesTakes_
uranium
URNM
shortSPACS
finance
money
trading
technicalanalysis
charts
business
investing
stockmarket
wealth
markets
WallStreetBets
Robinhood
WeBull
Sharescoops
GusChristensen
M1
SOGU
RobbieWhelan
KevinPaffrath
MeetKevin
RoseHan
CaseyAdams
MarkoZlatic
WhiteboardFinance
DailyTrader
ScottGalloway
bitcoin
crypto
ethereum
stockmarketauthority
ETFS
buystocks
sellstocks
On the first episode of the new B3 Bakes Back to Basics series, I am slowing down to clarify how I read a chart and what I look for when making my decisions to either buy or sell.
Web: https://stockmarketauthority.com/
YT: https://www.youtube.com/channel/UCQHszyBxraCznpQfuFK4NUQ
TikTok: https://www.tiktok.com/@stockmarketauthority
Twitter: https://twitter.com/BakesTakes_
LinkedIn: https://www.linkedin.com/in/kevin-r-baker/
IG: https://www.instagram.com/stockmarketauthority/
FB: https://www.facebook.com/stockmarketauthority
Reddit: https://www.reddit.com/user/bakes72
Join us as we go LIVE Wednesdays at 10am from the Studio 21 Podcast Café in Salem NH
stockmarketauthority
Investment
StockMarket
UpMarket
DownMarket
BuyingStocks
SellingStocks
BakesTakes_
uranium
URNM
shortSPACS
finance
money
trading
technicalanalysis
charts
business
investing
stockmarket
wealth
markets
WallStreetBets
Robinhood
WeBull
Sharescoops
GusChristensen
M1
SOGU
RobbieWhelan
KevinPaffrath
MeetKevin
RoseHan
CaseyAdams
MarkoZlatic
WhiteboardFinance
DailyTrader
ScottGalloway
bitcoin
crypto
ethereum
stockmarketauthority
ETFS
buystocks
sellstocks
On today’s show I talk about housing turning down. I’ll go through the Mailbag and talk about Veeva/VEEV . I’ll walk through the SMA portfolio, recent changes and how we’ll make money this year.
Much Needed Levity:
Gary Gulman Telephone 1.0
https://www.youtube.com/watch?v=VGkf2dnYyII
Show Reference Links:
Web: https://stockmarketauthority.com/
YT: https://www.youtube.com/channel/UCQHszyBxraCznpQfuFK4NUQ
TikTok: https://www.tiktok.com/@stockmarketauthority
Twitter: https://twitter.com/BakesTakes_
LinkedIn: https://www.linkedin.com/in/kevin-r-baker/
IG: https://www.instagram.com/stockmarketauthority/
FB: https://www.facebook.com/stockmarketauthority
Reddit: https://www.reddit.com/user/bakes72
Join us as we go LIVE Wednesdays at 10am from the Studio 21 Podcast Café in Salem NH
stockmarketauthority
Investment
StockMarket
UpMarket
DownMarket
BuyingStocks
SellingStocks
BakesTakes_
uranium
URNM
shortSPACS
finance
money
trading
technicalanalysis
charts
business
investing
stockmarket
wealth
markets
WallStreetBets
Robinhood
WeBull
Sharescoops
GusChristensen
M1
SOGU
RobbieWhelan
KevinPaffrath
MeetKevin
RoseHan
CaseyAdams
MarkoZlatic
WhiteboardFinance
DailyTrader
ScottGalloway
bitcoin
crypto
ethereum
stockmarketauthority
ETFS
buystocks
sellstocks
On today’s show I talk about turning positive on bitcoin as banks fail. I’ll go through the Mailbag and talk about your stocks. I’ll walk through the SMA portfolio, recent changes and how we’ll make money this year.
Much Needed Levity:
Shane Gillis: Cheeseburger Racism (some strong language)
https://www.youtube.com/watch?v=3vTfZGyV6fs
Web: https://stockmarketauthority.com/
YT: https://www.youtube.com/channel/UCQHszyBxraCznpQfuFK4NUQ
TikTok: https://www.tiktok.com/@stockmarketauthority
Twitter: https://twitter.com/BakesTakes_
LinkedIn: https://www.linkedin.com/in/kevin-r-baker/
IG: https://www.instagram.com/stockmarketauthority/
FB: https://www.facebook.com/stockmarketauthority
Reddit: https://www.reddit.com/user/bakes72
Join us as we go LIVE Wednesdays at 10am from the Studio 21 Podcast Café in Salem NH
stockmarketauthority
Investment
StockMarket
UpMarket
DownMarket
BuyingStocks
SellingStocks
BakesTakes_
uranium
URNM
shortSPACS
finance
money
trading
technicalanalysis
charts
business
investing
stockmarket
wealth
markets
WallStreetBets
Robinhood
WeBull
Sharescoops
GusChristensen
M1
SOGU
RobbieWhelan
KevinPaffrath
MeetKevin
RoseHan
CaseyAdams
MarkoZlatic
WhiteboardFinance
DailyTrader
ScottGalloway
bitcoin
crypto
ethereum
stockmarketauthority
ETFS
buystocks
sellstocks
On today’s show I speak to those working in the financial services industry. I’ll go through the Mailbag and talk about bank stocks. I’ll walk through the SMA portfolio, recent changes and how we’ll make money this year.
Much Needed Levity:
John Pinette -I don’t do ups (Raviolis and a nap)
https://www.youtube.com/watch?v=0q6Gc23ZtPA&t=2s
Show Reference Links:
Web: https://stockmarketauthority.com/
YT: https://www.youtube.com/channel/UCQHszyBxraCznpQfuFK4NUQ
TikTok: https://www.tiktok.com/@stockmarketauthority
Twitter: https://twitter.com/BakesTakes_
LinkedIn: https://www.linkedin.com/in/kevin-r-baker/
IG: https://www.instagram.com/stockmarketauthority/
FB: https://www.facebook.com/stockmarketauthority
Reddit: https://www.reddit.com/user/bakes72
Join us as we go LIVE Wednesdays at 10am from the Studio 21 Podcast Café in Salem NH
stockmarketauthority
Investment
StockMarket
UpMarket
DownMarket
BuyingStocks
SellingStocks
BakesTakes_
uranium
URNM
shortSPACS
finance
money
trading
technicalanalysis
charts
business
investing
stockmarket
wealth
markets
WallStreetBets
Robinhood
WeBull
Sharescoops
GusChristensen
M1
SOGU
RobbieWhelan
KevinPaffrath
MeetKevin
RoseHan
CaseyAdams
MarkoZlatic
WhiteboardFinance
DailyTrader
ScottGalloway
bitcoin
crypto
ethereum
stockmarketauthority
ETFS
buystocks
sellstocks
On today’s B3 Bakes Back to Basics, I am slowing down to explain in further detail what are earnings and what are P/E’s. Understanding these fundamentals can help you become a better investor.
Web: https://stockmarketauthority.com/
YT: https://www.youtube.com/channel/UCQHszyBxraCznpQfuFK4NUQ
TikTok: https://www.tiktok.com/@stockmarketauthority
Twitter: https://twitter.com/BakesTakes_
LinkedIn: https://www.linkedin.com/in/kevin-r-baker/
IG: https://www.instagram.com/stockmarketauthority/
FB: https://www.facebook.com/stockmarketauthority
Reddit: https://www.reddit.com/user/bakes72
Join us as we go LIVE Wednesdays at 10am from the Studio 21 Podcast Café in Salem NH
stockmarketauthority
Investment
StockMarket
UpMarket
DownMarket
BuyingStocks
SellingStocks
BakesTakes_
uranium
URNM
shortSPACS
finance
money
trading
technicalanalysis
charts
business
investing
stockmarket
wealth
markets
WallStreetBets
Robinhood
WeBull
Sharescoops
GusChristensen
M1
SOGU
RobbieWhelan
KevinPaffrath
MeetKevin
RoseHan
CaseyAdams
MarkoZlatic
WhiteboardFinance
DailyTrader
ScottGalloway
bitcoin
crypto
ethereum
stockmarketauthority
ETFS
buystocks
sellstocks
On the first episode of the new B3 Bakes Back to Basics series, I am slowing down to clarify how I read a chart and what I look for when making my decisions to either buy or sell.
Web: https://stockmarketauthority.com/
YT: https://www.youtube.com/channel/UCQHszyBxraCznpQfuFK4NUQ
TikTok: https://www.tiktok.com/@stockmarketauthority
Twitter: https://twitter.com/BakesTakes_
LinkedIn: https://www.linkedin.com/in/kevin-r-baker/
IG: https://www.instagram.com/stockmarketauthority/
FB: https://www.facebook.com/stockmarketauthority
Reddit: https://www.reddit.com/user/bakes72
Join us as we go LIVE Wednesdays at 10am from the Studio 21 Podcast Café in Salem NH
stockmarketauthority
Investment
StockMarket
UpMarket
DownMarket
BuyingStocks
SellingStocks
BakesTakes_
uranium
URNM
shortSPACS
finance
money
trading
technicalanalysis
charts
business
investing
stockmarket
wealth
markets
WallStreetBets
Robinhood
WeBull
Sharescoops
GusChristensen
M1
SOGU
RobbieWhelan
KevinPaffrath
MeetKevin
RoseHan
CaseyAdams
MarkoZlatic
WhiteboardFinance
DailyTrader
ScottGalloway
bitcoin
crypto
ethereum
stockmarketauthority
ETFS
buystocks
sellstocks
On today’s show I discuss the two forces battling to determine stock prices. I’ll go through the Mailbag talk about uranium, natural gas (yes, again) and more. I’ll walk through the SMA portfolio, recent changes and how we’ll make money this year.
Much Needed Levity:
Chris Porter: A Man from Kansas
https://www.youtube.com/watch?v=6YTywo50vWQ&t=12s
Show Reference Links:
Web: https://stockmarketauthority.com/
YT: https://www.youtube.com/channel/UCQHszyBxraCznpQfuFK4NUQ
TikTok: https://www.tiktok.com/@stockmarketauthority
Twitter: https://twitter.com/BakesTakes_
LinkedIn: https://www.linkedin.com/in/kevin-r-baker/
IG: https://www.instagram.com/stockmarketauthority/
FB: https://www.facebook.com/stockmarketauthority
Reddit: https://www.reddit.com/user/bakes72
Join us as we go LIVE Wednesdays at 10am from the Studio 21 Podcast Café in Salem NH
stockmarketauthority
Investment
StockMarket
UpMarket
DownMarket
BuyingStocks
SellingStocks
BakesTakes_
uranium
URNM
shortSPACS
finance
money
trading
technicalanalysis
charts
business
investing
stockmarket
wealth
markets
WallStreetBets
Robinhood
WeBull
Sharescoops
GusChristensen
M1
SOGU
RobbieWhelan
KevinPaffrath
MeetKevin
RoseHan
CaseyAdams
MarkoZlatic
WhiteboardFinance
DailyTrader
ScottGalloway
bitcoin
crypto
ethereum
stockmarketauthority
ETFS
buystocks
sellstocks
On today’s show I stress the importance of making money vs. being right. I’ll go through the Mailbag talk about taxes (ugh), natural gas (double ugh) and more. I’ll the SMA portfolio, recent changes and how I see this year playing out
Much Needed Levity:
Gary Gulman, Not That Into You
https://www.youtube.com/watch?v=r_aH4gSiUew
Show Reference Links:
The Power of Positive Thinking:
https://www.amazon.com/s?k=the+power+of+positive+thinking+norman+vincent+peale&crid=2DEXOVESVLW6T&sprefix=the+power%2Caps%2C114&ref=nb_sb_ss_ts-doa-p_8_9
Web: https://stockmarketauthority.com/
YT: https://www.youtube.com/channel/UCQHszyBxraCznpQfuFK4NUQ
TikTok: https://www.tiktok.com/@stockmarketauthority
Twitter: https://twitter.com/BakesTakes_
LinkedIn: https://www.linkedin.com/in/kevin-r-baker/
IG: https://www.instagram.com/stockmarketauthority/
FB: https://www.facebook.com/stockmarketauthority
Reddit: https://www.reddit.com/user/bakes72
Join us as we go LIVE Wednesdays at 10am from the Studio 21 Podcast Café in Salem NH
stockmarketauthority
Investment
StockMarket
UpMarket
DownMarket
BuyingStocks
SellingStocks
BakesTakes_
uranium
URNM
shortSPACS
finance
money
trading
technicalanalysis
charts
business
investing
stockmarket
wealth
markets
WallStreetBets
Robinhood
WeBull
Sharescoops
GusChristensen
M1
SOGU
RobbieWhelan
KevinPaffrath
MeetKevin
RoseHan
CaseyAdams
MarkoZlatic
WhiteboardFinance
DailyTrader
ScottGalloway
bitcoin
crypto
ethereum
stockmarketauthority
ETFS
buystocks
sellstocks
On today’s show I will get you to realize the market does not care about your (or my) opinions. I’ll open the Mailbag and clarify moving averages and my sell discipline, a drug company and more. I’ll show you what we own to make money even if this market heads lower.
Much Needed Levity:
Ray Romano: Right Here, Around The Corner
https://www.youtube.com/watch?v=aEVO0ucZ_kE
Show Reference Links:
36 Minutes, Big Short guys, groups not market, great reminder
https://podcasts.apple.com/us/podcast/earnings-fed-jobs-what-are-we-doing/id1545205930?i=1000597286135
Web: https://stockmarketauthority.com/
YT: https://www.youtube.com/channel/UCQHszyBxraCznpQfuFK4NUQ
TikTok: https://www.tiktok.com/@stockmarketauthority
Twitter: https://twitter.com/BakesTakes_
LinkedIn: https://www.linkedin.com/in/kevin-r-baker/
IG: https://www.instagram.com/stockmarketauthority/
FB: https://www.facebook.com/stockmarketauthority
Reddit: https://www.reddit.com/user/bakes72
Join us as we go LIVE Wednesdays at 10am from the Studio 21 Podcast Café in Salem NH
stockmarketauthority
Investment
StockMarket
UpMarket
DownMarket
BuyingStocks
SellingStocks
BakesTakes_
uranium
URNM
shortSPACS
finance
money
trading
technicalanalysis
charts
business
investing
stockmarket
wealth
markets
WallStreetBets
Robinhood
WeBull
Sharescoops
GusChristensen
M1
SOGU
RobbieWhelan
KevinPaffrath
MeetKevin
RoseHan
CaseyAdams
MarkoZlatic
WhiteboardFinance
DailyTrader
ScottGalloway
bitcoin
crypto
ethereum
stockmarketauthority
ETFS
buystocks
sellstocks
Today I am going to share my ideas for investing an inheritance.
I’ll go through the Mailbag, get back to basics, and recommend the technical analysis books that helped me the most and more. Finally, I’ll discuss the portfolio as we strive to make money no matter what the overall market does this year.
Much Needed Levity:
Shane Gillis, Live in Austin
https://www.youtube.com/watch?v=zKUpf1Vx0vs
Show Reference Links:
How to Make Money in Stocks: A Winning System in Good Times and Bad:
https://www.amazon.com/How-Make-Money-Stocks-Winning/dp/0071614133/ref=pd_lpo_1?pd_rd_w=D5gD5&content-id=amzn1.sym.116f529c-aa4d-4763-b2b6-4d614ec7dc00&pf_rd_p=116f529c-aa4d-4763-b2b6-4d614ec7dc00&pf_rd_r=RG214EPZDAN3VGQTAADB&pd_rd_wg=Db7Ug&pd_rd_r=862f8b45-69e2-4c1b-b979-bcf76d333f48&pd_rd_i=0071614133&psc=1
How to Make Money Selling Stocks Short:
https://www.amazon.com/Make-Money-Selling-Stocks-Short/dp/0471710490
Technical Analysis Explained, Fifth Edition: The Successful Investor's Guide to Spotting Investment Trends and Turning Points:
https://www.amazon.com/Technical-Analysis-Explained-Fifth-Successful/dp/9814599859/ref=sr_1_1?crid=3F69P146YCNJW&keywords=Technical+analysis+explained+book&qid=1674587290&s=books&sprefix=technical+analysis+explained+book%2Cstripbooks%2C83&sr=1-1
Web: https://stockmarketauthority.com/
YT: https://www.youtube.com/channel/UCQHszyBxraCznpQfuFK4NUQ
TikTok: https://www.tiktok.com/@stockmarketauthority
Twitter: https://twitter.com/BakesTakes_
LinkedIn: https://www.linkedin.com/in/kevin-r-baker/
IG: https://www.instagram.com/stockmarketauthority/
FB: https://www.facebook.com/stockmarketauthority
Reddit: https://www.reddit.com/user/bakes72
Join us as we go LIVE Wednesdays at 10am from the Studio 21 Podcast Café in Salem NH
stockmarketauthority
Investment
StockMarket
UpMarket
DownMarket
BuyingStocks
SellingStocks
BakesTakes_
uranium
URNM
shortSPACS
finance
money
trading
technicalanalysis
charts
business
investing
stockmarket
wealth
markets
WallStreetBets
Robinhood
WeBull
Sharescoops
GusChristensen
M1
SOGU
RobbieWhelan
KevinPaffrath
MeetKevin
RoseHan
CaseyAdams
MarkoZlatic
WhiteboardFinance
DailyTrader
ScottGalloway
bitcoin
crypto
ethereum
stockmarketauthority
ETFS
buystocks
sellstocks
On this show I will discuss why we beat the pros and how you can too! I’ll open the mailbag to analyze a waste company, a biotech and more. I will describe recent changes to the portfolio and my rationale. Finally, I’ll offer Bakes’ Take for the coming week.
Much Needed Levity:
Gary Gulman, Come on Girls!
https://www.youtube.com/watch?v=8JQLkGcrGWw
Show Reference Links:
All-in 28 minutes—Jason Calacanis ChatGPT, bad for GOOGL, good for partner MSFT
https://www.youtube.com/watch?v=HE5CTKqWEV0
ELON ON POD, NOT A WORD ABOUT TSLA!
Web: https://stockmarketauthority.com/
YT: https://www.youtube.com/channel/UCQHszyBxraCznpQfuFK4NUQ
TikTok: https://www.tiktok.com/@stockmarketauthority
Twitter: https://twitter.com/BakesTakes_
LinkedIn: https://www.linkedin.com/in/kevin-r-baker/
IG: https://www.instagram.com/stockmarketauthority/
FB: https://www.facebook.com/stockmarketauthority
Reddit: https://www.reddit.com/user/bakes72
Join us as we go LIVE Wednesdays at 10am from the Studio 21 Podcast Café in Salem NH
stockmarketauthority
Investment
StockMarket
UpMarket
DownMarket
BuyingStocks
SellingStocks
BakesTakes_
uranium
URNM
shortSPACS
finance
money
trading
technicalanalysis
charts
business
investing
stockmarket
wealth
markets
WallStreetBets
Robinhood
WeBull
Sharescoops
GusChristensen
M1
SOGU
RobbieWhelan
KevinPaffrath
MeetKevin
RoseHan
CaseyAdams
MarkoZlatic
WhiteboardFinance
DailyTrader
ScottGalloway
bitcoin
crypto
ethereum
stockmarketauthority
ETFS
buystocks
sellstocks
On this show I will discuss what’s ahead for energy stocks as they come off their second year of outperformance. I’ll open the mailbag to discuss Tesla and Salesforce and other stocks/ETF’s. Lastly, I will describe how we made money last year and our game plan to do so again regardless of the overall market.
Much Needed Levity:
Bret Ernst, America walks in a bar
https://www.youtube.com/watch?v=I_vDcvEPlPM
Show Reference Links:
Web: https://stockmarketauthority.com/
YT: https://www.youtube.com/channel/UCQHszyBxraCznpQfuFK4NUQ
TikTok: https://www.tiktok.com/@stockmarketauthority
Twitter: https://twitter.com/BakesTakes_
LinkedIn: https://www.linkedin.com/in/kevin-r-baker/
IG: https://www.instagram.com/stockmarketauthority/
FB: https://www.facebook.com/stockmarketauthority
Reddit: https://www.reddit.com/user/bakes72
Join us as we go LIVE Wednesdays at 10am from the Studio 21 Podcast Café in Salem NH
stockmarketauthority
Investment
StockMarket
UpMarket
DownMarket
BuyingStocks
SellingStocks
BakesTakes_
uranium
URNM
shortSPACS
finance
money
trading
technicalanalysis
charts
business
investing
stockmarket
wealth
markets
WallStreetBets
Robinhood
WeBull
Sharescoops
GusChristensen
M1
SOGU
RobbieWhelan
KevinPaffrath
MeetKevin
RoseHan
CaseyAdams
MarkoZlatic
WhiteboardFinance
DailyTrader
ScottGalloway
bitcoin
crypto
ethereum
stockmarketauthority
ETFS
buystocks
sellstocks
On this show I will discuss the most promising areas I see for next year. I’ll open the mailbag to discuss GOOGL and other stocks/ETF’s. Lastly, I will describe how we made money in this DOWN market and how you can profit in 2023!
Much Needed Levity:
Bert Kreischer, The Machine
https://www.youtube.com/watch?v=paG1-lPtIXA
Show Reference Links:
All-in 28 minutes—Jason Calacanis ChatGPT, bad for GOOGL, good for partner MSFT
https://www.youtube.com/watch?v=HE5CTKqWEV0
ELON ON POD, NOT A WORD ABOUT TSLA!
Web: https://stockmarketauthority.com/
YT: https://www.youtube.com/channel/UCQHszyBxraCznpQfuFK4NUQ
TikTok: https://www.tiktok.com/@stockmarketauthority
Twitter: https://twitter.com/BakesTakes_
LinkedIn: https://www.linkedin.com/in/kevin-r-baker/
IG: https://www.instagram.com/stockmarketauthority/
FB: https://www.facebook.com/stockmarketauthority
Reddit: https://www.reddit.com/user/bakes72
Join us as we go LIVE Wednesdays at 10am from the Studio 21 Podcast Café in Salem NH
stockmarketauthority
Investment
StockMarket
UpMarket
DownMarket
BuyingStocks
SellingStocks
BakesTakes_
uranium
URNM
shortSPACS
finance
money
trading
technicalanalysis
charts
business
investing
stockmarket
wealth
markets
WallStreetBets
Robinhood
WeBull
Sharescoops
GusChristensen
M1
SOGU
RobbieWhelan
KevinPaffrath
MeetKevin
RoseHan
CaseyAdams
MarkoZlatic
WhiteboardFinance
DailyTrader
ScottGalloway
bitcoin
crypto
ethereum
stockmarketauthority
ETFS
buystocks
sellstocks
Today I discuss the unfolding FTX fiasco and what it means for you.
Old friends submit questions via the Mailbag.
I’ll go through the portfolio and show how we are up in this down market.
Much Needed Levity:
Much needed levity—John Mulaney, Peace be with you.
https://www.youtube.com/watch?v=63RcymipKuY
Show Reference Links:
Web: https://stockmarketauthority.com/
YT: https://www.youtube.com/channel/UCQHszyBxraCznpQfuFK4NUQ
TikTok: https://www.tiktok.com/@stockmarketauthority
Twitter: https://twitter.com/BakesTakes_
LinkedIn: https://www.linkedin.com/in/kevin-r-baker/
IG: https://www.instagram.com/stockmarketauthority/
FB: https://www.facebook.com/stockmarketauthority
Reddit: https://www.reddit.com/user/bakes72
Join us as we go LIVE Wednesdays at 10am from the Studio 21 Podcast Café in Salem NH
stockmarketauthority
Investment
StockMarket
UpMarket
DownMarket
BuyingStocks
SellingStocks
BakesTakes_
uranium
URNM
shortSPACS
finance
money
trading
technicalanalysis
charts
business
investing
stockmarket
wealth
markets
WallStreetBets
Robinhood
WeBull
Sharescoops
GusChristensen
M1
SOGU
RobbieWhelan
KevinPaffrath
MeetKevin
RoseHan
CaseyAdams
MarkoZlatic
WhiteboardFinance
DailyTrader
ScottGalloway
bitcoin
crypto
ethereum
stockmarketauthority
ETFS
buystocks
sellstocks
Today I teach about the uselessness of economic news.
I go through the Mailbag and answer questions about Tencent, Tesla and more.
I show the performance of the SMA Portfolio through the end of November. Still up in this down market
Much Needed Levity:
Sebastian Maniscalco, Is it Me?
https://www.youtube.com/watch?v=r1x2T-PGDEQ
Show Reference Links:
Web: https://stockmarketauthority.com/
YT: https://www.youtube.com/channel/UCQHszyBxraCznpQfuFK4NUQ
TikTok: https://www.tiktok.com/@stockmarketauthority
Twitter: https://twitter.com/BakesTakes_
LinkedIn: https://www.linkedin.com/in/kevin-r-baker/
IG: https://www.instagram.com/stockmarketauthority/
FB: https://www.facebook.com/stockmarketauthority
Reddit: https://www.reddit.com/user/bakes72
Join us as we go LIVE Wednesdays at 10am from the Studio 21 Podcast Café in Salem NH
stockmarketauthority
Investment
StockMarket
UpMarket
DownMarket
BuyingStocks
SellingStocks
BakesTakes_
uranium
URNM
shortSPACS
finance
money
trading
technicalanalysis
charts
business
investing
stockmarket
wealth
markets
WallStreetBets
Robinhood
WeBull
Sharescoops
GusChristensen
M1
SOGU
RobbieWhelan
KevinPaffrath
MeetKevin
RoseHan
CaseyAdams
MarkoZlatic
WhiteboardFinance
DailyTrader
ScottGalloway
bitcoin
crypto
ethereum
stockmarketauthority
ETFS
buystocks
sellstocks
Today I’ll show why crypto and stocks down a big percentage from their highs is meaningless. I’ll open the mailbag to answer questions about Powell, uranium and more.
We’ll also go through the SMA portfolio, and I’ll alert you to new sectors I’m monitoring for you.
Much Needed Levity:
Mike Birbiglia, What I Should Have Said Was Nothing
https://www.youtube.com/watch?v=nMoM5UegMb0
Web: https://stockmarketauthority.com/
YT: https://www.youtube.com/channel/UCQHszyBxraCznpQfuFK4NUQ
TikTok: https://www.tiktok.com/@stockmarketauthority
Twitter: https://twitter.com/BakesTakes_
LinkedIn: https://www.linkedin.com/in/kevin-r-baker/
IG: https://www.instagram.com/stockmarketauthority/
FB: https://www.facebook.com/stockmarketauthority
Reddit: https://www.reddit.com/user/bakes72
Join us as we go LIVE Wednesdays at 10am from the Studio 21 Podcast Café in Salem NH
stockmarketauthority
Investment
StockMarket
UpMarket
DownMarket
BuyingStocks
SellingStocks
BakesTakes_
uranium
URNM
shortSPACS
finance
money
trading
technicalanalysis
charts
business
investing
stockmarket
wealth
markets
WallStreetBets
Robinhood
WeBull
Sharescoops
GusChristensen
M1
SOGU
RobbieWhelan
KevinPaffrath
MeetKevin
RoseHan
CaseyAdams
MarkoZlatic
WhiteboardFinance
DailyTrader
ScottGalloway
bitcoin
crypto
ethereum
stockmarketauthority
ETFS
buystocks
sellstocks
Today I’ll discuss the three signs of a stock market bottom, ARKK is the first, I’ll go into more detail on that and break down the other two. We have our mail bag segment where I answer questions about Tesla, Walmart, Amazon and Invesco Water Resource.
We also take a look through the Stock Market Authority portfolio and the two new opportunities we are monitoring.
Much Needed Levity:
David Saville - The only disability is a bad attitude.
https://www.youtube.com/watch?v=led2QnN05pk
Web: https://stockmarketauthority.com/
YT: https://www.youtube.com/channel/UCQHszyBxraCznpQfuFK4NUQ
TikTok: https://www.tiktok.com/@stockmarketauthority
Twitter: https://twitter.com/BakesTakes_
LinkedIn: https://www.linkedin.com/in/kevin-r-baker/
IG: https://www.instagram.com/stockmarketauthority/
FB: https://www.facebook.com/stockmarketauthority
Reddit: https://www.reddit.com/user/bakes72
Join us as we go LIVE Wednesdays at 10am from the Studio 21 Podcast Café in Salem NH
stockmarketauthority
Investment
StockMarket
UpMarket
DownMarket
BuyingStocks
SellingStocks
BakesTakes_
uranium
URNM
shortSPACS
finance
money
trading
technicalanalysis
charts
business
investing
stockmarket
wealth
markets
WallStreetBets
Robinhood
WeBull
Sharescoops
GusChristensen
M1
SOGU
RobbieWhelan
KevinPaffrath
MeetKevin
RoseHan
CaseyAdams
MarkoZlatic
WhiteboardFinance
DailyTrader
ScottGalloway
bitcoin
crypto
ethereum
stockmarketauthority
ETFS
buystocks
sellstocks
Today I show you how to buy/own/sell stocks/ETF’s dispassionately. Peter Lynch’s know what you own advice, often does not work! $TSLA Tesla $COIN Coinbase #Bitcoin $AMC AMC Entertainment
Mailbag—I answer questions about $ARKK/Ark Innovation $DIS Disney $LYV Live Nation, value in blue chips down 25%+, inflation impact on investing, #FTX update, crypto FOMO has become GMFO!
Bakes/SMA Portfolio—Up 3.26% vs. DOWN SPY 16.91%. 33% cash
Much Needed Levity:
John Pinette - I dont do ups
https://www.youtube.com/watch?v=0q6Gc23ZtPA
Show Reference Links:
Web: https://stockmarketauthority.com/
YT: https://www.youtube.com/channel/UCQHszyBxraCznpQfuFK4NUQ
TikTok: https://www.tiktok.com/@stockmarketauthority
Twitter: https://twitter.com/BakesTakes_
LinkedIn: https://www.linkedin.com/in/kevin-r-baker/
IG: https://www.instagram.com/stockmarketauthority/
FB: https://www.facebook.com/stockmarketauthority
Reddit: https://www.reddit.com/user/bakes72
Join us as we go LIVE every Wednesday at 10am from the Studio 21 Podcast Café in Salem NH
stockmarketauthority
Investment
StockMarket
UpMarket
DownMarket
BuyingStocks
SellingStocks
BakesTakes_
uranium
URNM
shortSPACS
finance
money
trading
technicalanalysis
charts
business
investing
stockmarket
wealth
markets
WallStreetBets
Robinhood
WeBull
Sharescoops
GusChristensen
M1
SOGU
RobbieWhelan
KevinPaffrath
MeetKevin
RoseHan
CaseyAdams
MarkoZlatic
WhiteboardFinance
DailyTrader
ScottGalloway
bitcoin
crypto
ethereum
stockmarketauthority
ETFS
buystocks
sellstocks
Today we talk about crypto/FTX and never losing a lot of money in the market!
Mailbag—What to do with your crypto? Fintechs, personal finance questions
Bakes/SMA Portfolio—Last week’s changes, future opportunities
Much Needed Levity
Gary Gulman on Anti-Semitism
https://www.youtube.com/watch?v=eRjOSjsON-8
Show Reference Links:
Out of GBTC/ bitcoin for now: https://www.youtube.com/watch?v=FNuKVkSS40U&t=5s
Dogecoin : https://www.youtube.com/watch?v=MBe9Nq41T_o&t=1s
Please Check Out Stock Market Authority:
Web: https://stockmarketauthority.com/
YT: https://www.youtube.com/channel/UCQHszyBxraCznpQfuFK4NUQ FB: https://www.facebook.com/stockmarketauthority
Podbean: https://bakestakespodcast.podbean.com/
Join us as we go LIVE every Tuesday at 10am from the Studio 21 Podcast Café in Salem NH
stockmarketauthority
Investment
StockMarket
UpMarket
DownMarket
BuyingStocks
SellingStocks
BakesTakes_
uranium
URNM
shortSPACS
finance
money
trading
technicalanalysis
charts
business
investing
stockmarket
wealth
markets
WallStreetBets
Robinhood
WeBull
Sharescoops
GusChristensen
M1
SOGU
RobbieWhelan
KevinPaffrath
MeetKevin
RoseHan
CaseyAdams
MarkoZlatic
WhiteboardFinance
DailyTrader
ScottGalloway
bitcoin
crypto
ethereum
stockmarketauthority
ETFS
buystocks
sellstocks
Today im going to teach you how you can crush the stock market pros, we talk about Tesla’s stock going down and im going to share with you just how I am making money in a down market.
Show Reference Links:
Jim Gaffigan Clip: https://www.youtube.com/watch?v=AHWlYeACfTc
Please Check Out Stock Market Authority:
Web: https://stockmarketauthority.com/
YT: https://www.youtube.com/channel/UCQHszyBxraCznpQfuFK4NUQ FB: https://www.facebook.com/stockmarketauthority
Podbean: https://bakestakespodcast.podbean.com/
Join us as we go LIVE every Wednesday at 10am from the Studio 21 Podcast Café in Salem NH
stockmarketauthority
Investment
StockMarket
UpMarket
DownMarket
BuyingStocks
SellingStocks
BakesTakes_
uranium
URNM
shortSPACS
finance
money
trading
technicalanalysis
charts
business
investing
stockmarket
wealth
markets
WallStreetBets
Robinhood
WeBull
Sharescoops
GusChristensen
M1
SOGU
RobbieWhelan
KevinPaffrath
MeetKevin
RoseHan
CaseyAdams
MarkoZlatic
WhiteboardFinance
DailyTrader
ScottGalloway
bitcoin
crypto
ethereum
stockmarketauthority
ETFS
buystocks
sellstocks
In this episode I show that your stocks don’t care about politics. Stocks drive elections not vice versa.
I answer your questions about URNM/Uranium, SOFI/Sofi and other topics from the Mailbag.
I show you how we are making money in this DOWN market.
Last, I end on a high note.
Check Out Stock Market Authority:
FB: https://www.facebook.com/stockmarketauthority
YT: https://www.youtube.com/c/StockMarketAcademyPodcast
Podbean: https://bakestakespodcast.podbean.com/
Join us as we go LIVE every Wednesday at 10am from the Studio 21 Podcast Café in Salem NH
stockmarketauthority
Investment
Stock Market
Up Market
Down Market
Buying Stocks
Selling Stocks
BakesTakes_
uranium
URNM
shortSPACS
finance
money
trading
technicalanalysis
charts
business
investing
stockmarket
wealth
markets
WallStreetBets
Robinhood
WeBull
Sharescoops
GusChristensen
M1
SOGU
RobbieWhelan
KevinPaffrath
MeetKevin
RoseHan
CaseyAdams
MarkoZlatic
WhiteboardFinance
DailyTrader
ScottGalloway
bitcoin
crypto
ethereum
stockmarketauthority
ETFS
buystocks
sellstocks
1:55 Thank you especially Charlie, Justin, Murph. 2:07 Text like I send to my sons. 610-331-4283. 2:37 Not investment advice. Please conduct, and share, your own due diligence. Bakes’ Take—Fan Mail! Calls! Questions! 2:52 Basil A., $MP 4:53 Bakes’ Take—Hold for now, execute my sell discipline if future short reports or anything else triggers it. 200 dma $34.79 now. $RIG 6:48 RIG—2008 163 peak, so old chart doesn’t cover time I owned it. 10/30/20 65 CENTS! Certain analysts at peak and shortly thereafter declared sound fundamentals. 7:52 Bakes’ Take—Wait for RIG to break out. The stock will tell you/us if revenue and eps upside is coming. No need to anticipate. 9:54 OIH ETF—Oil services in general. E&P’s won’t expand capex until stock goes up, Jeff Currie. Thus, this mediocre chart, market response. 10:46 Perspective. ’08 $1524 down to $66 last year. Stocks go down too. 11:10 More perspective. ’08 $170+. 20 to $80 last 12 months. Energy service stocks don’t care yet. 11:45 Bakes’ Take—Too soon for oil service. 11:54 From recent show. Murph—Big down volume a warning sign. Still respecting 200 dma 434.54 now. Feels, looks tired. 12:22 Bakes’ Take—NVDA, AMD, earnings reports will tell us if enough to keep bull going. I doubt it, but hold this winner for now. 12:43 $463 to $531, +14% plus. 12:58 Murph text NVDA is a beast! $200 to $300 50% in a month! Makes up for INTC. From recent show… $DKNG--$46 to $39, -15%. Earnings didn’t drive stock up, what will? From recent show… 15:17 SQ--$248 to $237 not much, but clearly rolling over 15:26 PTON--$101.79. $96.70, $118.10, $105.53 avg. $55.64 now. If your fundamental work gets you out at $150 peak, great. But if not $105 beats $55. Caveat—Scott Galloway has espoused AAPL buying them, about the only event that makes stock go up meaningfully, tax loss selling also weighing. 16:22 $PTON--$37 to $150, $86 to $55 one day -35%. $68 to $80 is now resistance, any time close to that range lot of selling coming. 16:52 PTON $54 BUT…Good example for Bakes’ Takes+--I will monitor your stocks/ETF’s alert you of buy and sell points. I will help you lock in profits and AVOID LOSSES. What else would you like? 17:22 Charlie S.--Fidelity Trend 17:49 Fidelity Founders 18:01 Bakes’ Takes—HOLD both, expensive leaders but still working! If long term retirement money ignore. If more speculative additional investments, watch the moving averages and my sell discipline. 18:29 Bakes’ Takes—My Themes/Groups 18:35 !WIIW! 19:28 +18%, no 15% losers. URNM 213% since 7/25/20, +123% ytd 20:23 Murph—$URNM, $TAGS 20:21 $URNM 21:57 $TAGS 22:29 Bakes’ Take—Hold URNM, TAGS $SPY Volume concern, wary bull 23:36 Bakes’ Take—My hedge fund. Yours? Stocks do go down. Make you money in up AND DOWN markets. Most of you haven’t seen. Please refer friends and stay tuned. Bakes’ Takes—WSB 24:45 $177.51 200 dma, volume picks up on up days. Fundamentals don’t matter. 25:12 Bakes’ Take—Hold GME for now, be ready to sell 1/3. Bakes’ Take—Podcasts of the Week! https://podcasts.apple.com/us/podcast/ges-three-way-split-facebook-scraps-sensitive-ad-targeting/id1073226719?i=1000541591771 25:52 Pivot, Prof G--20 minutes, AAPL, NKE buys PTON, SQ buys TWTR becomes BABA https://podcasts.apple.com/us/podcast/e55-valuing-crypto-projects-rivian-worth-$100b-inflation/id1502871393?i=1000541677029 26:47 All-in, 10 minutes Chamath, Bezos, Musk, selling. 1:06 China Taiwan. Bakes’ Take—Reporters of the Week! Bloomberg Green—Dan Murtaugh, Krystal Chia 30:52 Business Insider, Donny Kwok, Anne Marie Roan Tree Reuters Josh Horwitz, Brenda Goh 31:28 Business Insider—Huileng Tan 39:29 Bakes’ Take—It was Evergrande only. Now Kaisa, Country Garden, Vanke. Contagion indeed. 33:20 James Mackintosh, WSJ—Inflation has broken up through prior resistance. Trends tend to persist. James is right. 34:02 Bakes’ Take—Market presents inflation winners. Don’t need to guess ahead of time. 34:31 Bakes’ Take—Charts/Tweets/Posts of the Week! 34:45 James Bianco, AIV beat TSLA? Good news priced in? 35:25 If US rates, do anything like this, +1.7%, gray swan! 36:25 Bakes’ Takes—Consider what’s priced in? Charts help. Listen for lopsided commentary. Bakes’ Take— Newsletters of the Week 36:35 Larry McDonald, Bear Traps Report—Top two Chinese RE firms bonds getting crushed. 36:56 Bakes’ Take—China slowing is neutral to bearish for US stocks, not bullish. 37:06 Bakes' Takes YouTube Channel, Twitter @BakesTakes_ , bakes@bakestakespodcast.com 37:34 Bakes’ Much-needed levity… https://podcasts.apple.com/us/podcast/kissing-butts-and-taking-names/id1434904509?i=1000539847660 https://www.youtube.com/watch?v=DkZY3oifV68 Anthony Jeselnik Roasts Pete
Bakes’ Takes Podcast Show Notes Saturday,
October 23, 2021
:27 Why I do this—Bobby, Jack, please listen in.
1:03 ‘87 crash, journey, technical analysis first, fundamentals second, not right or wrong, just works for me. read WSJ, Barron’s Economist, listen to podcasts, devour relevant newsletters, monitor what Google alerts bring. Point you to them, but if you don’t want to do that, please know that I’ll do it for you and I eat home cooking, I have no conflicts. What are your pain points? Problems you’d like solved? Topics I should cover? Thank you.
Thank you especially Charlie, Justin, Murph from this Luddite.
2:07 Supercast/Patreon levels. Weekly call with me on Discord, teach technical analysis, etc. You help me design the show. Guests I should reach out to. Text like I send to my sons. 610-331-4283.
2:26 Not investment advice. Please conduct, and share, your own due diligence.
Bakes’ Take—Fan Mail! Calls! Questions!
2:41 ICLN/Ishares S&P Global Clean Energy—Sell discipline—$21.97, $22.58, $22.18. $22.24 average. $28.24 12/31/21. -21%.
4:25 Solar, wind. No uranium.
5:00 $42.90 12/31/21. $92.98. 116%
Bakes’ Take—Let market tell you where to do more research. Uranium is ESG!
6:12 Murph—Big down volume a warning sign. Still respecting 200 dma 434.54 now. Feels, looks tired.
6:54 Surprised Intel/INTC #1 8%+
7:15 Earnings disaster, gap down 11%+.
7:37 Bakes’ Take—NVDA, AMD, earnings reports will tell us if enough to keep bull going. I doubt it, but hold this winner for now.
7:58 DKNG/DraftKings—New lows. $48.42, $48.81, $48.75. $48.66 average. $46.52 now. Down volume 63% above normal. Earnings 14 days.
9:25 Bakes’ Take--Still avoid. Happy to discuss.
9:33 Cramer’s wrong, SELL Disney!
10:25 BUT…Good example for Bakes’ Takes+--I will monitor your stocks/ETF’s alert you of buy and sell points. What else would you like?
10:59 Coinbase/COIN--$280.61, watch for NH, volume picking up
COIN, week 2, launch pad?
12:22 GME--Close below 200 dma, Sell 1/3.
Bakes’ Take-The memes are over, they’re all behind me. Part II.
Bakes’ Take—Reporters of the Week!
14:02 Business Insider—Lina Batarags
https://www.businessinsider.com/china-housing-market-explainer-cost-debt-wealth-evergrande-impact-2021-9?fbclid=IwAR1XXeUaHqn29nGbVHcoKIyXIBd75QzGrTqShGNQ5o_JAhOlXRE1__0q9kU
14:34 Business Insider—Harry Robertson
14:59 Bakes’ Take—I am again treating like Covid. Not panicking nor dismissing. Sounds like can be neutral, it can’t be bullish. If subscribers in China, I would love to hear your perspective.
Bakes’ Take—Charts/Tweets/Posts of the Week!
15:45 Jim Bianco Crypto bigger then CCP!
Bakes’ Take— Newsletters of the Week
Bear Traps Report
17:15 Copper inventories at 47-year lows. Classic Squeeze. Copper could scream.
18:35 Nuclear generates a tenth of world’s electricity. Sentiment shifting.
19:58 Six new factors exacerbating inflation.
21:39 Please also subscribe to my Bakes’ Takes YouTube Channel, the audio is the same but the charts that I reference are on the screen. Follow us on Twitter @BakesTakes_ and other social media. Please, please use your voice memo app, tape your question(s) and email to bakes@bakestakespodcast.com or write if you prefer. I will also keep you anonymous is you’d like.
Thank you for listening, Mike Wilson is my producer.
Have a great week. Bakes
Bakes’ Much-needed levity…
https://www.youtube.com/watch?v=PEgLV4lntyg
22:05 20 FUNNIEST Frank Caliendo IMPRESSIONS
Bakes’ Takes Podcast Show Notes Saturday,
October 16, 2021
:27 Why I do this—Bobby, Jack, please listen in.
‘87 crash, journey, technical analysis first, fundamentals second, not right or wrong, just works for me. read WSJ, Barron’s Economist, listen to podcasts, devour relevant newsletters, monitor what Google alerts bring. Point you to them, but if you don’t want to do that, please know that I’ll do it for you and I eat home cooking, I have no conflicts. What are your pain points? Problems you’d like solved? Topics I should cover? Thank you.
Thank you especially Charlie, Justin, Murph from this Luddite.
1:45 Supercast/Patreon levels. Weekly call with me on Discord, teach technical analysis, etc. You help me design the show. Guests I should reach out to. Text like I send to my sons. 610-331-4283.
1:58 Not investment advice. Please conduct, and share, your own due diligence.
2:05 Bakes’ Take—Fan Mail! Calls! Questions! Mike!
Jack—SOFI, FDX, UPS
3:02 Biden, trying to play Santa, Long Beach 24/7, etc.
4:11 $276, $266, average $271 vs. $228, -16%. The sell discipline works. 10x earnings? Don’t care. Dead money. Why would you own this? $234 to $250 now resistance.
7:52 UPS Gap down on earnings, 7/27/21, never good, Dead cat bounce maybe to $200 or so, doubt it breaks above. Labor, goods, simply running out of time.
8:48 SOFI--Last week’s chart…
SOFI--$18.58, watch for big volume, plug into Google Alerts, $16.41
9:17 Agree with thesis—MS? student loans, restart in January, refi opportunity
Higher rates good for them, NIM widen?
Cross selling. Makes sense
Noto—Chamath, high praise
Compete with Robinhood, crypto?
JPM, etc. sick of fintech eating lunch
10:54 Bakes’ Take--$18.58 close! Big volume-yes!
11:03 $16.41 to $19.48,
11:12 33 mil shares short, 4%, not huge, but helpful
11:26 Bakes’ Take—I encourage you to let markets point you to opportunity, rather than news, etc.
12:09 Square/SQ—close below 200 dma, big volume, great company, 144 P/E
12:48 SQ—low volume, stalling at resistance. Watch for 50 dma cutting down through 200 dma, then 200 dma turn down.
13:13 Bakes’ Take—If you have a DDM you would bet your life on different story. Sell discipline kicked in works very well, if hit new highs so be it.
13:58 BUT…Good example for Bakes’ Takes+--I will monitor your stocks/ETF’s alert you of buy and sell points. What else would you like?
14:20 Coinbase/COIN--$280.61, watch for NH, volume picking up
Charlie—Virgin Galactic/SPCE
Last week’s chart…
15:39 SPCE-space tourism? Not where want to be, Chamath has sold lot of stock
16:17 $23.23 down to $20.29. -14%+
Michael Sheetz, CNBC—Virgin Galactic stock plunges after company delays spaceflight tests to 2022
17:22 SPY—daily, gap down, close below 50, so far low volume rally to underside/resistance, just warning sign for now
18:15 AAPL—ok
18:41 MSFT—ok
19:08 AMZN—ok, Christmas logistics have to hurt
19:39 FB—not ok, but still respecting 200 dma
20:38 GOOGL--ok
20:42 Bakes’ Take—20%+ of the SPX, ok, but just ok, again, seems tired, do companies get pass on earnings due to logistics, labor, energy, does not seem transitory
21:15 Bakes’ Takes—My Themes/Groups
21:33 URNM--$71, $75, $80 now, likely consolidating base from here to $98, building next launch pad, volume increasing nicely, 96 RS, let THIS winner run!
22:13 Bakes’ Take—Will alert you to the next URNM, searching hard
22:36 Bakes’ Takes-Gray Swan
23:48 Bakes’ Take-Lot of podcasts discussing now. Taiwan, Evergrande, HK, Tech, list keeps growing!
Bakes’ Take—Podcasts of the Week!
23:48 Bakes’ Take— Will catch up on podcasts, reporters, charts, etc. wanted to address Jack first.
Bakes’ Take—Reporters of the Week!
Bakes’ Take—
Bakes’ Take—Charts/Tweets/Posts of the Week!
Bakes’ Takes-
Bakes’ Take— Newsletters of the Week
Bakes’ Take—
Bakes’ Ooh La La—
Bakes’ Take—
23:54 Please also subscribe to my Bakes’ Takes YouTube Channel, the audio is the same but the charts that I reference are on the screen. Follow us on Twitter @BakesTakes_ and other social media. Please, please use your voice memo app, tape your question(s) and email to bakes@bakestakespodcast.com or write if you prefer. I will also keep you anonymous is you’d like.
Thank you for listening, Mike Wilson is my producer.
Have a great week. Bakes
24:25 Bakes’ Much-needed levity…
https://www.youtube.com/watch?v=neUaSTSKFZc
Official Ron White - I Got Thrown Out of a Bar
Bakes’ Takes Podcast Show Notes Friday,
October 8, 2021
:26 Why I do this—Bobby, Jack, please listen in.
‘87 crash, journey, technical analysis first, fundamentals second, not right or wrong, just works for me. read WSJ, Barron’s Economist, listen to podcasts, devour relevant newsletters, monitor what Google alerts bring. Point you to them, but if you don’t want to do that, please know that I’ll do it for you and I eat home cooking, I have no conflicts. What are your pain points? Problems you’d like solved? Topics I should cover? Thank you.
1:42 Thank you especially Charlie, Justin, Murph from this Luddite.
1:49 Supercast/Patreon levels. Weekly call with me on Discord, teach technical analysis, etc. You help me design the show. Guests I should reach out to. Text like I send to my sons. 610-331-4283.
2:39 Not investment advice. Please conduct, and share, your own due diligence.
2:50 Bakes’ Take—Fan Mail! Calls! Questions! Mike!
Jack—SOFI, 10-year yield
2:55 SOFI--$18.58, watch for big volume, plug into Google Alerts
4:20 Agree with thesis—student loans, restart in January, refi opportunity
4:59 Higher rates good for them, NIM widen?
5:30 Cross selling. Makes sense
5:34 Noto—Chamath, high praise
5:55 Compete with Robinhood, crypto?
6:09 JPM, etc. sick of fintech eating lunch
6:32 Bakes’ Take--$18.58 close! Big volume?
7;26 10-year 1.57% CLOSE, 1.7%, 1.765%, wait for close but seems likely
8:12 Charlie, NYC, SPCE—Virgin, dead money, SpaceX private widely regarded as the best, all losing money, early imo, Momentus/MNTS, Maxar/MAXR, Rocket Lab/RKLB, Ark Space/ARKX
9:39 SPCE—space tourism? Not where want to be, Chamath has sold lot of stock
10:33 ARKX—Close below $19.12, very bad, Close above $21.19, very good
11:13 Rocket Lab/RKLB—best looking chart imo, do more work
12:03 LMT—old space, nothing going on
12:26 Bakes’ Take—I encourage you to let markets point you to opportunity, rather than news, etc. RKLB possible, but rest of space is avoid. SPACEX goes public different story.
13:54 Square/SQ—close below 200 dma, big volume, great company, 144 P/E
15:18 Bakes’ Take—If you have a DDM you would bet your life on different story. Sell discipline kicked in works very well, if hit new highs so be it.
16:00 BUT…Good example for Bakes’ Takes+--I will monitor your stocks/ETF’s alert you of buy and sell points. What else would you like?
16:20 Charlie again-- very long-term secular bull market as a result of the democratization of finance and the stock market? Seems like there has never been so much dry power and new entrants into the market…doesn’t this mean (all things being equal) there are more people coming into the market which structurally over the long-term will lift asset levels?
16:32 “Increased retail activity could be contributing to record inflows into Equities this year so far—the annualized inflow of $1 trillion to global stocks in 2021 is greater than the cumulative inflow of the prior 20 years, according to BofA Global Research.”
16:56 Free trading, access over cell phones (which are now being put in the hands of billions of people world-wide) and a broader adoption/mass movement of financial education seems like the perfect cocktail of a worldwide buying spree…right?
17:28 These extrapolations, linear thinking, appear at the right arrow not the left, up 7x, you have only seen up, first time Fed can’t prop up market, all the above reverses
19:01 SPY—daily, gap down, close below 50, so far low volume rally to underside/resistance, just warning sign for now
19:50 Bakes’ Take—very long term, up and to the right, do that with 401(k) etc. But we are humans not robots, will panic at some point, I think I can help
https://www.youtube.com/watch?v=PBFd0tZsQzs&t=1s
20:58 Generation Gamble, Melissa Lee, CNBC, docs will be different in bear market
21:31 GameStop/GME--$212 to $344 good call, now $173, $161.41 rising 200 dma, leaning to downside, what are future positive catalysts?
22:27 Won’t Get Fooled Again/Weekend in Greenwich largely over, screens for high short interest exploited
https://www.bloomberg.com/news/articles/2021-09-30/robinhood-s-popularity-is-fading-away-with-the-meme-stock-fad
25:13 High quality SPACs rare, SOFI perhaps, still prefer shorting de SPACs, EV’s via SOGU
25:53 Bakes’ Takes—My Themes/Groups
26:46 URNM--$71, $75, $80 now, likely consolidating base from here to $98, building next launch pad, volume increasing nicely, 96 RS, let THIS winner run!
27:54 Copper/Sell discipline—50 dma crossed below 200 dma, if 200 dma turns down, gone, up 14% ytd, +18% since inception
URNM—Weekly chart. 50% retracement
URNM—Daily Chart?+ YTD $42.90, $86.31 More than double, obviously.
28:45 EUM—Short MSCI Emerging Markets, Fact Sheet, short Communism, I mean China, Evergrande, etc.
30:18 Bakes’ Take—Last week--Own some uranium here, I will alert you to dips. Dips in rest of market more likely, copper, short emerging markets, elsewhere. Getting tired, stay tuned.
30:45 Bakes’ Takes-Gray Swan
Now front page of WSJ! Liza Lin, James Areddy
32:55 Bakes’ Take-Taiwan, Evergrande, HK, Tech, list keeps growing!
Bakes’ Take—Podcasts of the Week!
https://podcasts.apple.com/us/podcast/understanding-evergrande-the-chinese-real-estate/id1056200096?i=1000535983185
33:34 Odd Lots—Evergrande best explained
34:06 Bakes’ Take— I treat like COVID, don’t panic, watch charts, but don’t dismiss.
https://podcasts.apple.com/us/podcast/bonus-episode-elon-musk-at-code-conference-2021/id1073226719?i=1000537717272
34:49 Elon Musk, Kara Swisher at Code, fascinating, more space than cars, quit as TSLA CEO, SPACEX $100B last capital raise, more
Bakes’ Take—Reporters of the Week!
36:14 https://www.wsj.com/articles/selling-off-its-property-services-wont-save-evergrande-11633349342#:~:text=Evergrande%20also%20announced%20a%20deal,approval%20of%20the%20bank's%20board.&text=Created%20with%20sketchtool.
Bakes’ Take—Default foregone conclusion. Hard to see completely contained.
36:53
Bakes’ Take—Charts/Tweets/Posts of the Week!
37:13 John Quakes @quakes99
37:48 Bakes’ Take— Newsletters of the Week
The Bear Traps Report, Larry McDonald
URNM/Uranium—nuclear is green
India down to 4 days of coal
Europe dependent on Putin’s natural gas
Kyle Bass—Nuclear best baseload option to combat climate change
Half of China’s provinces limiting electricity use
SPX tracking ’87
Evergrande becoming state-owned enterprise
41:20 Please also subscribe to my Bakes’ Takes YouTube Channel, the audio is the same but the charts that I reference are on the screen. Follow us on Twitter @BakesTakes_ and other social media. Please, please use your voice memo app, tape your question(s) and email to bakes@bakestakespodcast.com or write if you prefer. I will also keep you anonymous is you’d like.
Thank you for listening, Mike Wilson is my producer.
Have a great week. Bakes
Bakes’ Much-needed levity…
https://www.youtube.com/watch?v=AQwtMmzdlhI&t=16s
41:48 Norm McDonald, Jerry Seinfeld, Comedians in Cars getting Coffee
Bakes’ Takes Podcast Tuesday 9/21/21
:27 Gus Christensen, CEO, Share Scoops
Questions/Themes
1:05 Please tell me/us your path. How did you found Share Scoops or how did it find you?
What was the inspiration/catalyst?
Georgetown (financial literacy program), NYC, JP Morgan
4:42 What is Shares Scoops main mission?
5:13 Who are your top 2-3 competitors? What’s your competitive advantage.
6:15 What should subscribers to your daily newsletter expect to receive?
https://www.sharescoops.com/
8:22 How did you build to 24K Instagram followers?
Digestible news content with buttons for users to up/down vote companies across social, financial, and environmental factors. Tinder-like yelping. 128,000, 180 companies.
10:05 What has surprised you from votes?
15:50 What are the top 2-3 ESG stocks your followers are interested in?
60% of users credit Share Scoops empower them to start investing for the first time this year.
17:40 ESG—Why not a houseboat? Not a good house nor a good boat?
20:10 How do you tackle greenwashing?
22:55 8/12/21 Founder Institute, 1/12 graduating companies, out of 300+
Mobile app status?
26:00 Still hiring. My audience. Engineers, passionate about ESG, content creators, marketing.
28:15 Your followers have not seen bear market. How are you preparing them?
30:40 Ooh La La—advice for 23-year-old Gus?
32:26 Call to action. How may I help?
https://www.sharescoops.com/
https://www.instagram.com/sharescoops/
https://twitter.com/ShareScoops
Thank you.
Bakes
Bakes’ Takes Podcast Tuesday 9/21/21
30 Tim Rotolo, CEO and Founder, North Shore Indices, Inc. (Global Uranium Mining ETF—URNM)
Questions/Themes
1:02 Please tell me/us your path. How did you found North Shore Global Uranium (URNM) or how did it find you?
What was the inspiration/catalyst?
How meet Michael Alkin? Uranium expert, CIO of Sachem Cove
15:24 URNM—7/20 $30, $50-$98 last month, pullback to $79 level mentioned on show releasing today
15:49 My dad asked yesterday, why is uranium going up, and where is it mined?
18:11 Quarterly rebalance, how? No, now semi-annually.
20:30 Why 82.5% miners, 17.5% physical uranium?
22:00 How much market cap available? $35B
22:35 Only pure play, please elaborate on “tilted junior miners.”
24:00 Green energy, supply deficit, growing demand—Changes to original thesis?
28:40 Please explain what Sprott Physical Uranium means for the market.
From Zero Hedge—Sprott has acquired $2.7M pounds, 200,000 pounds/day, 1/3 of global production.
URNM owns, correct? Latest 3rd largest, 8.37%. Bought day one?
Utilities response?
$6.3B annual consumption, 180 million pounds at $35/lb.
Sprott $85 million in 13 days
37:32 URNM--Flows, AUM now?
Wall Street Bets?
41:41 Last week, Taro Kono, Japan’s next PM, need to restart nuclear plants to achieve carbon neutrality by 2050
Old PM stepping down, bullish for Japanese stocks
Rising demand
Premium/Discount History? Now?
45:25 Ooh La La—advice for 23-year-old Tim?
Please reach out to URNM
https://urnmetf.com/news-views
Twitter @N_S_Indices
@URNMetf
LinkedIn https://www.linkedin.com/company/urnm-etf/
Thank you.
Bakes
Bakes’ Takes Podcast Show Notes Sunday,
September 19, 2021
Why I do this—Bobby, Jack, please listen in.
1:03 ‘87 crash, journey, technical analysis first, fundamentals second, not right or wrong, just works for me. read WSJ, Barron’s Economist, listen to podcasts, devour relevant newsletters, monitor what Google alerts bring. Point you to them, but if you don’t want to do that, please know that I’ll do it for you and I eat home cooking, I have no conflicts. What are your pain points? Problems you’d like solved? Topics I should cover? Thank you.
Thank you especially Charlie, Justin, Murph from this Luddite.
Supercast/Patreon levels. Weekly call with me on Discord, teach technical analysis, etc. You help me design the show. Guests I should reach out to. Text like I send to my sons. 610-331-4283.
Not investment advice. Please conduct, and share, your own due diligence.
2:56-4:18 Bakes’ Take—Fan Mail! Calls! Questions! Mike!
Joe RI—Please see My themes and groups. Half now 5% on this pullback. Dry powder IF (doubt) $79, $71. Spot has gone from $30 to $50. $140 old high! Think we get there over time.
Good example for Bakes’ Takes+--I will monitor your stocks/ETF’s alert you of buy and sell points.
Bakes’ Take—
Bakes’ Takes+--What would you like?
Please share this with your RH or RR friends, send your other stocks/ideas and I will offer strategy for them as well. Please stay tuned.
Bakes’ Takes—My Themes/Groups
4:34 URNM—Down Friday, I don’t care. Yes, volume was heavy. We are in at $30 7/20. Doubled in a month! Down 10%, standard. Closed well above the low and the breakout point. See next chart.
URNM-One week ago. The trend is up, my thesis intact. Let winners run. Cut losses.
URNM—Weekly chart. 7/20 buy, please note the pattern. Rise build, build new base, ATHS, 548% increase in volume!
URNM—+ YTD $42.90, $86.31 More than double, obviously.
CNBC talking about AAPL! We find unique opportunities. Please see Twitter, YT, etc. laid out with time stamps my process and thinking! I will find others!
8:03 John Quakes @quakes99, I responded WSB wasn’t talking about it the week before.
9:03 Copper rolling over
10:03 EUM—Short MSCI Emerging Markets
10:47 SPY--$441.39 close below 50-dma, $409.34 200-dma now, 65% increase in volume.
Bakes’ Take—Own some uranium here, I will alert you to dips. Dips in rest of market more likely, copper, short emerging markets, elsewhere. Getting tired, stay tuned.
Bakes’ Takes-Gray Swan
12:31 The Guardian—China sends 19 aircraft into Taiwan’s air defence zone
13:27 TSM death cross. Resolve up or down? Coincidence?
Bakes’ Take—Podcasts of the Week!
Bakes’ Take—
Bakes’ Take—Reporters of the Week!
14:29
https://www.youtube.com/watch?v=eBzaOCtZImU
9/16/21 33 minutes, Melissa Lee, CNBC Fast Money--Gauging uranium's bull run, with Global X's Rohan Reddy, first time I’ve seen them discuss
Guy Adami
15:08 Bakes’ Take—Sorry I pound #URNM so hard, but please note the methodology, logic, time stamps!
Bakes’ Take—Charts/Tweets/Posts of the Week!
15:30 John Quakes @quakes99, larry McDonald Uranium—200-300% for uranium names, recommended both at 16:11
16:17 Yellowbull @Yellowbull11--$30B mkt cap, all Uranium stocks!
17:02 GLD—Gold STILL stinks! Gap down.
17:59 Ishares MSCI Japan—Japanese subscribers, please weigh in! Large caps…
18:30 …and Small Cap, Wisdomtree Japan Small Cap Dividend. Please stay tuned!
18:57 Bakes’ Takes- Individual investor advantage. No index hugging, committees, liquidity restrictions, etc.!
I am working hard to help you build your hedge fund and make money every year, even when overall market declines. Most of you haven’t seen that. Audacious, yes. But please come along for the ride.
Bakes’ Take— Newsletters of the Week
Bakes’ Take—
Bakes’ Ooh La La—
Bakes’ Take—Cut your losses, let your winners run, like URNM!
Please also subscribe to my Bakes’ Takes YouTube Channel, the audio is the same but the charts that I reference are on the screen. Follow us on Twitter @BakesTakes_ and other social media. Please, please use your voice memo app, tape your question(s) and email to bakes@bakestakespodcast.com or write if you prefer. I will also keep you anonymous is you’d like.
Thank you for listening, Mike Wilson is my producer.
Have a great week. Bakes
20:22 Bakes’ Beacons—Foo Fighters "Everlong" w/ 11-Year-Old Nandi Bushell, The Forum, Los Angeles, 8.26.21 https://www.youtube.com/watch?v=jsDgrKdczAE
Bakes’ Much-needed levity…
21:10 Jerry Seinfeld, Comedians in Cars getting Coffee, Carl Reiner, Mel Brooks
https://www.youtube.com/watch?v=ZJu7oqiBXcg
Bakes’ Takes Podcast Show Notes Saturday,
September 4, 2021
Enjoy your Labor Day!
:32 Why I do this—Bobby, Jack, please listen in.
:43 ‘87 crash, journey, technical analysis first, fundamentals second, not right or wrong, just works for me. read WSJ, Barron’s Economist, listen to podcasts, devour relevant newsletters, monitor what Google alerts bring. Point you to them, but if you don’t want to do that, please know that I’ll do it for you and I eat home cooking, I have no conflicts. What are your pain points? Problems you’d like solved? Topics I should cover? Thank you.
1:56 Thank you especially Charlie, Justin, Murph from this Luddite.
2:24 Supercast/Patreon levels. Weekly call with me on Discord, teach technical analysis, etc. You help me design the show. Guests I should reach out to. Text like I send to my sons. 610-331-4283.
3:16 Not investment advice. Please conduct, and share, your own due diligence.
Bakes’ Take—Fan Mail! Calls! Questions! Mike!
3:29 COIN, $261, $280
4:14 COIN—last week’s levels! Getting better, ETH outperforming bitcoin. Caveat—last trading day before Labor Day slow, we’ll learn more next week.
5:53 Good example for Bakes’ Takes+--I will monitor your stocks/ETF’s alert you of buy and sell points.
6:03 Bakes’ Take—Crypto volatility not going away, ETH, COIN providing the AOL-like on ramp
6:35 Bakes’ Takes+--What would you like?
6:42 Please share this with your RH or RR friends, send your other stocks/ideas and I will offer strategy for them as well. Please stay tuned.
Bakes’ Takes—My Themes/Groups
6:49 Up 10%+, vs. 3.97% HFRX Global Hedge Fund Index,
I am free, for now, they charge 2%/20%
one red ETF, not down 15%, URNM 145% since inception, URA 101%, COPX 28%, 35% cash, 10% short SPAC’s, 10% short emerging markets. MY/YOUR HEDGE FUND! DALIO’S ALL-WEATHER! MAKE MONEY EVERY YEAR! 13%+ 2H ’20—CHECK! 10%+ ’21 SO FAR…!
https://www.youtube.com/watch?v=6FD4J4StWpY
9:25 My 10 reasons for investing in URNM!
9:49 URNM—up 145% since inception
10:21-11:24 URNM—74%+ YTD ARROWS! CLOSING AT HIGHS, GAPS
11:30 Reason #11, Spinal Tap, Ok boomer, Sprott so new, no chart, GLD—launched in 2004, $45 to $171, now $58B, Sprott Uranium is $1B
13:39 @quakes99
14:16 URNM is ESG!
15:02 ‘70’s +629% 5.3 yrs, ‘00’s +1,801% 6.5 yrs, NOW 83%, 4.7%, 5x-8x REASONABLE, THAT’s THE METAL ITSELF, THE STOCKS #URNM WILL GO UP MORE!
16:42 Bakes’ Take—I like all my themes, copper, short SPAC’s, short emerging markets, TAGS, Subtle as 2x4, Buy URNM, even up here. I discover ideas like this all the time! Please subscribe and share. 1700+ charts, will let you know what I find next week!
Bakes’ Take—Cut your losses, let your winners run, like URNM!
17:39 Please also subscribe to my Bakes’ Takes YouTube Channel, the audio is the same but the charts that I reference are on the screen. Follow us on Twitter @BakesTakes_ and other social media. Please, please use your voice memo app, tape your question(s) and email to bakes@bakestakespodcast.com or write if you prefer. I will also keep you anonymous is you’d like.
Thank you for listening, Mike Wilson is my producer.
Have a great week. Bakes
18:11 Bakes’ Beacons—Travis Tritt, It’s a Great Day to Be Alive
https://www.youtube.com/watch?v=6IKJa4ok83M
Bakes’ Much-needed levity…
18:45 Chris Farley, Adam Sandler, Lunch Lady, SNL
https://www.youtube.com/watch?v=VY14zcUM9SI
Bakes’ Takes Podcast Show Notes Saturday,
August 28, 2021
:27 Why I do this—Bobby, Jack, please listen in.
:51 ‘87 crash, journey, technical analysis first, fundamentals second, not right or wrong, just works for me. read WSJ, Barron’s Economist, listen to podcasts, devour relevant newsletters, monitor what Google alerts bring. Point you to them, but if you don’t want to do that, please know that I’ll do it for you and I eat home cooking, I have no conflicts. What are your pain points? Problems you’d like solved? Topics I should cover? Thank you.
2:07 Supercast/Patreon levels. Weekly call with me on Discord, teach technical analysis, etc. You help me design the show. Guests I should reach out to. Text like I send to my sons. 610-331-4283.
3:00 Not investment advice. Please conduct, and share, your own due diligence.
Bakes’ Take—Fan Mail! Calls! Questions! Mike!
3:10 HODL is bullshit! I SELL stocks better than you! Try me!
4:50 Murph, NY—If Dollar cost averaging is strong sell discipline as crucial? Great for 401(k), SPX, int’l fund, 40+ years.
5:17 Answer for my themes is yes, focused, 10%, precise buy signals, breakouts, on 50% increase in volume. Also, preserves actual and psychological capital. 15% loss, can find 20% winners.
6:35 You don’t need to use mine, but find your own. Very few investors have a sell discipline, frankly including pros.
6:56 Thoroughly evaluate each month. Doesn’t take that much time. How many of 10 reasons still valid? -15%. 200 dma etc.
7:28 You have advantage over the pros! No committees, mandates, restrictions. No PM is 17% uranium, 10% short SPAC’s, 36% cash etc. I like my chances.
8:10 Vs. 20% HC, 25% tech, doesn’t work.
8:50 SOXX 5/20 $240 launch pad.
9:20 SOXX daily—clear uptrend, NVDA killing it, TSM raising prices, don’t do anything until close below 200 dma $416.50 and rising.
10:10 DKNG--$19 4/20 launch.
10:54 DKNG--$48-$50, not bad from $19, likely stalls at $60
11:59 SQ—5/20 $68
12:29 SQ—Sell 1/3 $197, let rest ride
13:18 COIN--$261, $280
14:23 SOFI--$13.14 support, $18.64 resistance. Earnings report disappointed, volume up on down days. Watch, but avoid for now.
15:30 Bakes’ Take—My sell discipline works. If you have a better one, I would love to see it.
16:03 Bakes’ Takes+--What would you like?
16:08 Please share this with your RH or RR friends, send your other stocks/ideas and I will offer strategy for them as well. Please stay tuned.
16:17 Bakes’ Takes—My Themes/Groups
16:19 RIDE—One of SOGU’s shorts. Icahn lieutenant Daniel Ninivaggi named CEO. Up in first hour, faded below $6.69 resistance, closed at $6.49. Lacked funds to start commercial production, doubt able to continue as a going concern. SEC, DOJ, preorders, SPAC merger. Ford F-150 on lots 2022, $10k below Endurance.
18:36 Bakes’ Take—EV’s are going down. SOGU up.
Bakes’ Takes-Gray Swan, new segment
Bakes’ Take—Podcasts of the Week!
https://riskreversal.com/on-the-tape/
19:11 On the Tape—33:11 Rich Greenfield, AMC short.
19:45 Maybe, but not yet. Fundamentals often code for I’m right the markets wrong. Being right vs. making money. So early their wrong. Why technical help so much.
Cinemark/CNK—according to Greenfield, same business, better balance sheet, $2B mkt cap vs. AMC $20B. F9 750 mil at box office, F8 $1.2B. My IG video, 4 of us in theater. AMC--92 mil shs short, 18% of float up 8% over last month. CEO selling, in filings say fundamentals don’t warrant stock price. Hold for now.
21:53 Bakes’ Take—Timing is everything, I will help.
Bakes’ Take—Reporters of the Week!
21:55 Ex-Tesla, 45 minutes vs. 10 minutes gas to charge EV. And that’s CA. Chargers tougher to find elsewhere. That’s before stressing the grid.
Bakes’ Take—
Bakes’ Take—Charts/Tweets/Posts of the Week!
Bakes’ Takes-
Bakes’ Take— Newsletters of the Week
Bakes’ Take—
23:20 Please also subscribe to my Bakes’ Takes YouTube Channel, the audio is the same but the charts that I reference are on the screen. Follow us on Twitter @BakesTakes_ and other social media. Please, please use your voice memo app, tape your question(s) and email to bakes@bakestakespodcast.com or write if you prefer. I will also keep you anonymous is you’d like.
Thank you for listening, Mike Wilson is my producer.
Have a great week. Bakes
Bakes’ Beacons—
https://www.youtube.com/watch?v=X83L1ZSpbkg
23:49 Tom Rice, D-Day veteran, jumps for 100th birthday!
Much-needed levity…
https://www.youtube.com/watch?v=wvtvtROpXW4
24:13 Jeff Ross Funniest Roasts of All Time
Question/Themes for Matt Tuttle, Tuttle Capital Management—Bakes’ Takes Podcast, Saturday 8/21/21
:22 3rd guest after Bobby and Jack!
:57 Matt, I know some of this from research but please describe your path.
3:00 What are the ETF’s you offer? AUM? What’s new in the works?
How may I help? I have ideas—short ARKK ETF? SARK, already in registration, if approved mid-Oct.
10:15 What do your flows tell you about investor sentiment?
13:52 My focus obviously is Short De SPAC/SOGU. How do you select the 25 stocks to short? Adjust monthly, correct?
17:27 What life and investor advice would you give to your Hoosier son, my sons and our audience? Conventional wisdom is not wisdom. Learn how to think.
10 ETF’s now, 7 in registration, 3 more, 20 by eoy? Tease? Logistically possible?
How may our viewers, listeners best contact you?
How may I help?
Bakes’ Takes Podcast Show Notes Saturday,
August 21, 2021
:45 Why I do this—Bobby, Jack, please listen in.
‘87 crash, journey, technical analysis first, fundamentals second, not right or wrong, just works for me. read WSJ, Barron’s Economist, listen to podcasts, devour relevant newsletters, monitor what Google alerts bring. Point you to them, but if you don’t want to do that, please know that I’ll do it for you and I eat home cooking, I have no conflicts. What are your pain points? Problems you’d like solved? Topics I should cover? Thank you.
2:01 Supercast/Patreon levels. Weekly call with me on Discord, teach technical analysis, etc. You help me design the show. Guests I should reach out to. Text like I send to my sons. Happy Birthday. 610-331-4283.
3:03 Not investment advice. Please conduct, and share, your own due diligence.
Bakes’ Take—Fan Mail! Calls! Questions! Mike!
3:15 Best sell discipline example now? Will follow up with all of your stocks over the next week
Anonymous
Match Group—Tinder, Hinge, etc. Sell 1/3, avoid
Weekly, rally from COVID lows rolling over
5:36 Bumble/BMBL—appears to be basing just above $43 IPO price, ladies making first move? Taking share?
Bakes –
7:05 Hope all is well and you’re feeling better! Was wondering what you thought about the recent bounce back in cryptos broadly; what’s been the impetus for the rebound and should people with wide exposure to crypto take the chance to sell?
Bitcoin/other crypto—Hold core positions, 5-10% max, looking for big volume move above $40. Challenge of highs likely. $30,000 held, $24 GBTC held!
9:50 Gold/GLD still stinks, Fed/Biden should be gold bugs dream, doesn’t care about textbooks, digital gold winning so far
10:45 Also, would love to hear what you think about the Delta variant and what comes after…Is whatever comes after a grey swan?
Thanks,
Charlie
11:34
rate of breakthrough cases reported among those fully vaccinated is below 1% in all reporting states, ranging from 0.01% in Connecticut to 0.54% in Arkansas.
The hospitalization rate among fully vaccinated people with COVID-19 ranged from effectively zero (0.00%) in California, Delaware, D.C., Indiana, New Jersey, New Mexico, Vermont, and Virginia to 0.06% in Arkansas.
The rates of death among fully vaccinated people with COVID-19 were even lower, effectively zero (0.00%) in all but two reporting states, Arkansas and Michigan where they were 0.01%.
Unvaccinated, that’s a you problem, if you want to cull your own herd, so be it.
12:42
Finally, few breakthrough cases I’ve known = bad cold, 3 days, at worst.
Bakes’ Take—Bitcoin going up, Gold, down, COVID-19 too obvious, data suggests not Gray Swan
Bakes’ Takes+--What would you like?
Please share this with your RH or RR friends, send your other stocks/ideas and I will offer strategy for them as well. Please stay tuned.
Bakes’ Takes—My Themes/Groups
14:14 Short De Spac ETF/SOGU—up 23% plus so far, 6 wks.
Bakes’ Take—Short SPAC’s/SOGU very promising, please tell me why these are going up! Twitter gave me crickets!
Thank you.
RIDE, NKLA—Indicted, investigated, path to zero?
17:29 COPX/Global X Copper—sold 1/3 per discipline, 13%+ profit, 50 dma through 200 dma?, 200 dma declines? China macro excuse, don’t care
Bakes’ Takes-Gray Swan, new segment
18:41 Charlie S., NYC—Afghanistan, Market didn’t care, Cancer, Saudi Arabia of Lithium, China will screw with us, LMT other defense contractors likely priced in, 9/11
21:19 China—Taiwan, Hong Kong, and now Afghanistan/Lithium!
Bakes’ Take—Podcasts of the Week!
https://thisweekinstartups.com/the-next-unicorns-adena-hefets-ceo-of-divvy-homes-forging-a-new-path-to-home-ownership-e1246/
21:56 Divvy, rent to buy, please check out!
https://thisweekinstartups.com/rapid-fire-news-ai-voices-after-death-doj-investigates-lordstown-motors-covid-adaptation-e1248/
23:04 13:00 Lordstown, going to zero?
https://www.youtube.com/watch?v=T_LwOVWcp0U
23:42 Nikola fraud charges
Bakes’ Take—
Bakes’ Take—Reporters of the Week!
24:06
TheStreet.com
25:24 ARKK
26:09 TSLA, ARKK’s #1 position, roughly 10%
Bakes’ Take—
Bakes’ Take—Charts/Tweets/Posts of the Week!
26:25 Prof. G—15x Sales, lousy long-term returns
Bakes’ Takes-
Bakes’ Take— Newsletters of the Week
Shiller CAPE approaching ’99 peak
28:06 Same with P/E, dividend yield, etc.
28:30 Earnings growth has been so strong, the SPX P/E multiple has declined
28:55 Stocks sniffed out the earnings recovery we just saw.
29:37 FMAGA has become the market.
30:08 Top 10 stocks now close to 30% of the market. They contributed 34% of earnings. These companies are huge for a reason.
30:51 The Bear Traps Report, Larry MacDonald, Afghanistan—Saudi Arabia of lithium.
Bakes’ Take—China has no moral quandary securing lithium from Taliban
31:30 Please also subscribe to my Bakes’ Takes YouTube Channel, the audio is the same but the charts that I reference are on the screen. Follow us on Twitter @BakesTakes_ and other social media. Please, please use your voice memo app, tape your question(s) and email to bakes@bakestakespodcast.com or write if you prefer. I will also keep you anonymous is you’d like.
Thank you for listening, Mike Wilson is my producer.
Have a great week. Bakes
Bakes’ Beacons—
Much-needed levity…
https://www.youtube.com/watch?v=GRkZET-WE1g
32:00 15 Funniest Impressions Done in Front of the Actual Person
https://ymhstudios.com/2bears/
32:08 Segura, Kreischer
new episode
Bakes’ Takes Podcast Show Notes Saturday,
July 31, 2021
1:00 Why I do this—Bobby, Jack, please listen in.
1:25 ‘87 crash, journey, technical analysis first, fundamentals second, not right or wrong, just works for me. read WSJ, Barron’s Economist, listen to podcasts, devour relevant newsletters, monitor what Google alerts bring. Point you to them, but if you don’t want to do that, please know that I’ll do it for you and I eat home cooking, I have no conflicts. What are your pain points? Problems you’d like solved? Topics I should cover? Thank you.
2:06 Supercast/Patreon levels. Weekly call with me on Discord, teach technical analysis, etc. You help me design the show. Guests I should reach out to. Text like I send to my sons. 610-331-4283.
3:23 Not investment advice. Please conduct, and share, your own due diligence.
Bakes’ Take—Fan Mail! Calls! Questions! Mike!
3:38 Anonymous, NY—Rental Property? No rush. Vs. earn nothing in the bank. -33% net percentage of consumers who say it’s a good time to buy because of prices-lowest since March 1980.
5:19 Ryan, FL. Sell discipline. 10 reasons falling by wayside plus technical. Studied dozens of historical charts. O’Neil.
Covid news had barely begun. $111.55, close below 200 dma, 50 cuts down thru 200 dma, 200 dma turns down. $19.25 at low. $80.50 now. -28%. SPY up 33%. Clear, dispassionate, know before.
Bakes’ Take—
Bakes’ Takes+--What would you like?
Please share this with your RH or RR friends, send your other stocks/ideas and I will offer strategy for them as well. Please stay tuned.
9:52 Bakes’ Takes—My Themes/Groups
Short De Spac ETF/SOGU—up 8% plus so far, 2 wks.
9:51 Bakes’ Take—Short SPAC’s/SOGU very promising, please tell me why these are going up! Twitter gave me crickets!
Thank you.
RIDE, NKLA—Indicted, investigated, path to zero?
Bakes’ Takes-Gray Swan, new segment
Bakes’ Take—Podcasts of the Week!
Bakes’ Take—
Bakes’ Take—Reporters of the Week!
Bakes’ Take—
Bakes’ Take—Charts/Tweets/Posts of the Week!
Bakes’ Takes-
13:11 Bakes’ Take— Newsletters of the Week
Bear Traps Reports
Yields going up, CFO Apple Luca Maestri, yields went up after every bond sale!
14:02 TAGS, wheat going up, ND yields declining.
Bakes’ Take—
15:05 Please also subscribe to my Bakes’ Takes YouTube Channel, the audio is the same but the charts that I reference are on the screen. Follow us on Twitter @BakesTakes_ and other social media. Please, please use your voice memo app, tape your question(s) and email to bakes@bakestakespodcast.com or write if you prefer. I will also keep you anonymous is you’d like.
15:16 Thank you for listening, Mike Wilson is my producer.
Have a great week. Bakes
Bakes’ Beacons—
https://www.youtube.com/watch?v=XsqI-BD2GMs
15:40 17 Hours: Chris Nikic’s Ironman Story | SC Featured
Much-needed levity…
https://www.youtube.com/watch?v=wJGarnot3-E
16:19 Ralphie May contemplates replacing racial slurs with the names of cookies
Bakes’ Takes Podcast Show Notes Saturday,
July 10, 2021
:24 Why I do this—Bobby, Jack, please listen in.
‘87 crash, journey, technical analysis first, fundamentals second, not right or wrong, just works for me. read WSJ, Barron’s Economist, listen to podcasts, devour relevant newsletters, monitor what Google alerts bring. Point you to them, but if you don’t want to do that, please know that I’ll do it for you and I eat home cooking, I have no conflicts. What are your pain points? Problems you’d like solved? Topics I should cover? Thank you.
2:10 Supercast/Patreon levels. Weekly call with me on Discord, teach technical analysis, etc. You help me design the show. Guests I should reach out to. Text like I send to my sons. 610-331-4283.
2:29 Not investment advice. Please conduct, and share, your own due diligence.
3:41 Bakes’ Take—Fan Mail! Calls! Questions! Mike!
Anonymous, NY—Rental Property? No rush. Vs. earn nothing in the bank.
BT Invest in themes, trends on top
401(k) SPX, int’l, stay in market
Debt down? Don’t have debt 72-75
Real Estate
Term Insurance Take care of loved ones
Cash, Gold, Bitcoin 6 mos. liquid, inflation/deflation
4:10 4/3/21 show, applies here. You’re young. No wife/kids don’t need insurance yet. Maybe take 6 months up to a year. Cash/Gold/Bitcoin likely yields 3%+ but not the aim.
Real estate clearly way to wealth. Live in and have tenants pay your mortgage. Illiquid, leveraged. Market hot. Make sure you want to live in it own next 10 years.
9:40 Justin, PA—Japan, buying opportunity? Options? Discounting first half hour of trading. Options not for me. Adds timing element, just didn’t fit prior roles.
11:58 Bakes’ Take—RE great long term investment, market is hot, stress test purchase. Japan/options--too short term for me.
Mr. Fernandez, YouTube
14:00 Bakes’ Take–Gold last week. Fresh ideas, step by step. Fact sheet, individual stocks?
14:23 Bakes’ Takes+--What would you like?
14:29 Please share this with your RH or RR friends, send your other stocks/ideas and I will offer strategy for them as well. Please stay tuned.
14:39 Jerry, Jerry, Mark (my mechanics)—know WeBull CEO, prefer over RH, thoughts?
14:53 Bakes’ Takes—My Themes/Groups
15:00 +12.26% YTD, 17% cash, looking for fresh ideas.
16:48 URNM--$42.90 to $62.63, 46% YTD
17:10 TBF-Sold at 2.7% loss. Decisive close below 200 dma. Market believes Fed, commodities softening, bond yields down to 1.35%, prices up, short bonds didn’t work…this time.
18:22 Mr. Fernandez from YouTube—this is how I identify promising stocks/ETF’s. 1/1700 charts. Breakout of base on above average volume.
18:57 Short De Spac ETF/SOGU--#1 Chargepoint/CHPT, NKLA, RIDE, CLOV, 25 total, lock-ups, valuations, lousy businesses, 2 years to do deal, quality declining, Shaq, ARod many others seeking co’s, EV heavy—grid can’t handle, Google Alerts will kick out more, your thoughts?
23:13 Chargepoint/CHPT—Charging stations in So. CA, Losing money, $32 mil/qtr rev’s little growth, $8.4 billion mkt cap, short interest way down, AND THE TECHNICALS ARE DETERIORATING!. 24 others, I like our chances
Bakes’ Take—Cut losses, let winners run, short SPAC’s/SOGU very promising
Bakes’ Takes-Gray Swan, new segment
WSJ, Elaine Yu--50-year old man stabbed cop who survived, then stabbed himself in the heart. Reminds me of The Godfather/Cuba. Tiananmen Square II coming? China’s response then U.S./World response to China?
https://www.youtube.com/watch?v=Ae_owwtZJl8
Viva Fidel!
Bakes’ Take—Podcasts of the Week!
https://podcasts.apple.com/us/podcast/e39-west-coast-super-drought-climate-crisis-nuclear/id1502871393?i=1000528321580
26:41 All-in 3 minutes David Friedberg, CA 70% hydro, water levels dangerously low right now! 24 minutes—Chamath, liberals are intellectually lazy, solar is dirty, mining copper, lithium for batteries, 3 Mile Island, Chernobyl set nuclear back, changing
https://podcasts.apple.com/us/podcast/didi-to-doughnuts-and-an-interview-with-meredith-whitney/id1545205930?i=1000527661333
28:35 15 mins Dan Nathan China took over HK, little press coverage, 27 mins Danny Moses Sha’Carri Richardson’s positive marijuana test
https://podcasts.apple.com/us/podcast/stop-worrying-learn-to-love-debt-bomb-tony-dwyer-canaccord/id1545205930?i=1000526822595
Tony Dwyer 34 minutes, take away taper at same time infrastructure bill increases debt, rates up, 45 minutes cannabis CT RI 19 states now, 36 medical
Bakes’ Take—Uranium is ESG! China is a Gray Swan. Rates still likely up 2H. Cannabis is like alcohol stocks post Prohibition.
Bakes’ Take—Reporters of the Week!
31:34-33:23
And, indeed, turbulence, or worse, could lie ahead, Michael Burry told our colleague Connor Smith. Burry, a key player in both the book and film versions of The Big Short, won a fortune by betting against the housing market before the subprime mortgage collapse. More recently, he was an early bull on Gamestop (ticker: GME), but took his profits in 2020’s fourth quarter before the frenzy around the original meme stock took off. Now he’s warning that the craze will end in tears.
“I don’t know when meme stocks such as this will crash, but we probably do not have to wait too long, as I believe the retail crowd is fully invested in this theme, and Wall Street has jumped on the coattails,” he told Connor in an email. “We’re running out of new money available to jump on the bandwagon.”
31:34 Bakes’ Take—#GME #AMC seem tired. Twitter—what makes them go up from here.
Bakes’ Take—Charts/Tweets/Posts of the Week!
Bakes’ Takes-
Bakes’ Take— Newsletters of the Week
33:25 ISM Prices paid 92.1, 1979 last. Not transitory. This chart from 2015. Test of high in yields likely.
34:23 Fire shuts down Cigar Lake
35:04 Bloomberg Commodity
35:32 Vs. WeBull? Pros cons of other apps? Survey. Please send.
36:40 Bakes’ Take—Yields likely up. Commodities likely up. #URNM so one mine doesn’t hurt much. RH the stock, no. WeBull service better?
37:16 Please also subscribe to my Bakes’ Takes YouTube Channel, the audio is the same but the charts that I reference are on the screen. Follow us on Twitter @BakesTakes_ and other social media. Please, please use your voice memo app, tape your question(s) and email to bakes@bakestakespodcast.com or write if you prefer. I will also keep you anonymous is you’d like.
Thank you for listening, Mike Wilson is my producer.
Have a great week. Bakes
Bakes’ Beacons—Everyday Heroes
Much-needed levity…
https://www.youtube.com/watch?v=c86Ytt0gmE8
37:42 Best of Whitney Cummings, Comedy Central Roast
Bakes’ Takes Podcast Show Notes Saturday, June 26, 2021 :41 Why I do this—Bobby, Jack, please listen in. :56 ‘87 crash, journey, technical analysis first, fundamentals second, not right or wrong, just works for me. read WSJ, Barron’s Economist, listen to podcasts, devour relevant newsletters, monitor what Google alerts bring. Point you to them, but if you don’t want to do that, please know that I’ll do it for you and I eat home cooking, I have no conflicts. What are your pain points? Problems you’d like solved? Topics I should cover? Thank you. 2:20 Supercast/Patreon levels. Weekly call with me, teach technical analysis, etc. You help me design the show. Guests I should reach out to. Text like I send to my sons. 610-331-4283. 3:05 Not investment advice. Please conduct, and share, your own due diligence. Bakes’ Take—Fan Mail! Calls! Questions! Mike! 3:47 #AMC $10.16 4/24/21 4:15 #AMC Monthly, now $54.06, $33.50 now support 6:01 #GME Chart from 4/24/21 7:07 (Note $209.51 Friday close)--$212 is now support, likely bounce between here and $345 recent high. Break above $348 challenge $483. Unlikely, New CEO catalyst now past, digital transformation next (same as 6/12). Raised $1B+ last week. 8:17 It may seem counterintuitive, but the Russell 1000 “promotion” may actually be bad for GameStop’s stock, as Barron’s explained earlier this month. Funds that track the small-cap Russell 2000 will have to sell GameStop shares on June 28, and funds that track the Russell 1000 will have to buy them. Three times as much money is invested in funds that track the Russell 1000, but GameStop’s overall weight in that index will be much lower than it has been in the Russell 2000. In the Russell 2000, GameStop made up about half a percentage point of the index, while it will be less than 0.1% of the Russell 1000. GameStop will look tiny next to behemoths like Apple (AAPL). 8:59 Experts like Jefferies strategist Steven DeSanctis expect that there will be net selling in GameStop of about 5 million shares, or about half of the stock’s recent average daily volume, after the rebalancing. 9:20 joaqolo fernandez Gold? 9:41 GLD—Bad, gap down, big volume, RS 16, Fed says 2 hikes in 2023 and this happens? $157 low/support, $170-$171 resistance, dead money imo…for now 10:56 GDX-Van Eck Gold Miners, same, avoid 11:18 Goldilocks Fed! Little macro here at BT! 12:25 Bakes’ Take–AMC, GME let stub run, nothing happening with Gold for now, market believes Fed…for now. 12:48 Please share this with your RH or RR friends, send your other stocks/ideas and I will offer strategy for them as well. Please stay tuned. Bakes’ Takes—My Themes/Groups 13:00 Silver miners—similar to gold, -9% I’m gone, happy to revisit Bakes’ Take—Silver, precious metals not working…for now. Next show, 1700+ charts, new ideas! Bakes’ Takes-Gray Swan, new segment Bakes’ Take—Podcasts of the Week! https://linktr.ee/allinpodcast 14:45 Chamath—1:25:00 all-in on Uranium! https://podcasts.apple.com/us/podcast/all-in-with-chamath-jason-sacks-friedberg/id1502871393 Chamath—1:20:00 all-in on Uranium! 2 weeks in a row. ESG, is the left intellectually honest? (my words, not his) https://podcasts.apple.com/us/podcast/office-hours-teslas-competition-identity-verification/id1498802610?i=1000525444796 16:32 Prof G—3:00 TSLA Great co. product, Elon good for planet, but stock coming down. https://podcasts.apple.com/us/podcast/howard-marks-embracing-the-psychology-of-investing/id1154105909?i=1000526371628 18:08 Howard Marks, Patrick O’Shaughnessy—Subscribe to both! Psychology. We are investors. To son, can’t say you are wrong on bitcoin. Cu losses. Bakes’ Take—Uranium, you heard it here first Bakes’ Take—Reporters of the Week! Bakes’ Take— Bakes’ Take—Charts/Tweets/Posts of the Week! 23:25 Bill Gates’ Commitment to Nuclear 24:23 John Quakes @quakes99 10th out of 33 Japanese nuclear power plant restarted 10 years after Fukishima. 25:16 Sven Henrich @NorthmanTrader Imagine what happens if they actually ever raise rates. Sven—Well put. Bakes’ Takes- Bakes’ Take— Newsletters of the Week 26:10 Gus Christensen! Sharescoops, ESG focus Bakes’ Take— 26:30 Please also subscribe to my Bakes’ Takes YouTube Channel, the audio is the same but the charts that I reference are on the screen. Follow us on Twitter @BakesTakes_ and other social media. Please, please use your voice memo app, tape your question(s) and email to bakes@bakestakespodcast.com or write if you prefer. I will also keep you anonymous is you’d like. Thank you for listening, Mike Wilson is my producer. Have a great week. Bakes 27:05 Bakes’ Beacons—Pedroia https://www.youtube.com/watch?v=WCD4QP2xhZU Much-needed levity… https://www.youtube.com/watch?v=Xv2VIEY9-A8 27:38 Chris Farley—Matt Foley, Van Down by the River, SNL
Bakes’ Takes Podcast Show Notes Saturday,
June 12, 2021
:24 Why I do this—Bobby, Jack, please listen in.
‘87 crash, journey, technical analysis first, fundamentals second, not right or wrong, just works for me. read WSJ, Barron’s Economist, listen to podcasts, devour relevant newsletters, monitor what Google alerts bring. Point you to them, but if you don’t want to do that, please know that I’ll do it for you and I eat home cooking, I have no conflicts. What are your pain points? Problems you’d like solved? Topics I should cover? Thank you.
2:01 Supercast/Patreon levels. Weekly call with me, teach technical analysis, etc. You help me design the show. Guests I should reach out to. Text like I send to my sons. 610-331-4283.
2:29 Not investment advice. Please conduct, and share, your own due diligence.
Bakes’ Take—Fan Mail! Calls! Questions! Mike!
2:44 AMC $10.16 4/4/21
3:35 Sliced through $33.50 surprisingly easy, now support. I believe you should sell original investment.
5:16 #GME Chart from 4/24/21 show
6:00 $212 is now support, likely bounce between here and $345 recent high. Break above $348 challenge $483. Unlikely, New CEO catalyst now past, digital transformation next
7:44 Jack!-SOFI!—Obviously little history, $18.64 now support, just under $25 resistance, volume picking up on positive days, you like the service, I like the chart
8:44Charlie S. NYC—FSDPX Fidelity Select Materials—Commodities Supercycle—theirs
Mine--#BakesTakes_ #uranium #cannabis #inflation #copper #sugar #soybeans #wheat #corn #blockchain #GME #retail #shortbonds #silver
10:33 Bakes’ Take –AMC hold stub, GME hold stub, like SOFI chart, FSDPX, positive but later in cycle
11:53 Please share this with your RH or RR friends, send your other stocks/ideas and I will offer strategy for them as well. Please stay tuned.
12:05 Bakes’ Takes—My Themes/Groups
Sold GBTC, closed below 200-dma
Bakes’ Take—Sell discipline nearly tripled money
Bakes’ Takes-Gray Swan, new segment
Bakes’ Takes--
Bakes’ Take—Podcasts of the Week!
Bakes’ Take—
Bakes’ Take—Reporters of the Week!
Bakes’ Take—
Bakes’ Take—Charts/Tweets/Posts of the Week!
Jeffrey deGraaf Chairman/CEO RenMac--You own stocks not positive earnings surprises, the former vs. the latter!
15:04 URA--$134 2/11, $7 3/20, $23 6/21, 2nd or 3rd inning, retest of old highs very plausible, 5x your money…or more
Bakes’ Takes-Tech sluggish. Uranium 3rd inning!
Bakes’ Take— Newsletters of the Week
16:51 Gus Christensen—CEO sharescoops! ESG focus
18:12 Copper capex down, will take years for supply response.
18:52 16/224 deposits last 10 years.
19:28 Wall Street joining the silver chorus. Best conductor, solar, EV, 5G, $28 now going to $50? Jet engines, most patents. One billion ounces ever =$28B, $2.17 currency, 77x all silver
20:44
24:26 QQQ—Inflation surprise up, tech bearish reversal
AAPL—Head and shoulders top
25:24 TSLA lower--10:00 of 5/22 BT—Scott G predicted SEC trouble for Elon
26:32 Bakes’ Take—if you care about ESG—URNM! Copper, silver vs. FSDPX imo. And vs. Tech, AAPL (SPX sluggish too), TSLA
27:05 Please also subscribe to my Bakes’ Takes YouTube Channel, the audio is the same but the charts that I reference are on the screen. Follow us on Twitter @BakesTakes_ and other social media. Please, please use your voice memo app, tape your question(s) and email to bakes@bakestakespodcast.com or write if you prefer. I will also keep you anonymous is you’d like.
Thank you for listening, Mike Wilson is my producer.
Have a great week. Bakes
Bakes’ Beacons--
Much-needed levity…
https://www.youtube.com/watch?v=5eG5llG9uoA
27:33 Lisa Lampanelli roasts Gene Simmons
Bakes’ Takes Podcast Show Notes Monday
May 31, 2021
:28 Happy Memorial Day—Please remember and honor those who gave the ultimate sacrifice. God Bless them and God Bless America.
:54 Why I do this—Bobby, Jack, please listen in.
‘87 crash, journey, technical analysis first, fundamentals second, not right or wrong, just works for me. read WSJ, Barron’s Economist, listen to podcasts, devour relevant newsletters, monitor what Google alerts bring. Point you to them, but if you don’t want to do that, please know that I’ll do it for you and I eat home cooking, I have no conflicts. What are your pain points? Problems you’d like solved? Topics I should cover? Thank you.
3:25 Supercast/Patreon levels. Weekly call with me, teach technical analysis, etc. You help me design the show. Guests I should reach out to. Text like I send to my sons. 610-331-4283.
4:16 Not investment advice. Please conduct, and share, your own due diligence.
Bakes’ Take—Fan Mail! Calls! Questions! Mike!
4:27 @GSpatuzzi—TA on #GME
4:44 Chart from 4/24/21 show
https://www.youtube.com/watch?v=DJzFDsi5ExE&t=9s
4/16/21 26k+ views
$209.43—close to $212, 5/25/21
$242.56—to the moon!, 5/26/21
Weekly-$222
Daily—2x volume, $212 taken out, wedge “worked”, $265 hit resistance, not HODLer, take out original investment, $348.50, $483, frankly, can’t fathom fundamental catalyst, short squeeze much less likely, hope this helps, I welcome your future questions
11:00 $10.16 4/24/21
https://www.youtube.com/watch?v=mNNASwmxc_8&t=432s
5/20/21 became more positive, short squeeze more likely
$14.44--$19.56, 5/26/21
13:18 Monthly--$33.50, overshot, resistance held, largest shareholder China’s Dalian Wanda sold most of its share, smart money?
14:02 Weekly--$26.12
14:28 IWM—GME #2, AMC #8, 1700+ charts, extended, tired, sometimes doing nothing most profitable course
Bakes’ Take –Let run with house money, GME, AMC, market overall tired, news desert
17:47 Please share this with your RH or RR friends, send your other stocks/ideas and I will offer strategy for them as well. Please stay tuned.
18:02 Bakes’ Takes—My Themes/Groups
+15.49%, STILL allergic to red, so I don’t have any
BakesTakes_ #uranium #bitcoin #cannabis #inflation #copper #sugar #soybeans #wheat #corn #blockchain #GME #retail #shortbonds #silver
1700+ charts no new themes
21:35 Bakes’ Take—Uranium looks great, bitcoin does not, inflation still likely more persistent less transitory
Bakes’ Takes-Gray Swan, new segment
Bakes’ Take—Podcasts of the Week!
https://macrovoices.podbean.com/e/macrovoices-273-larry-mcdonald-dollar-down-gold-oil-uranium-up/
22:25 20 minutes--ESG situation—next 12 months, most spectacular resurgence, oil, coal, India lockdown, oil UNCH not down 20%, $100 oil next 12 months, met coal steel, ESG backfire basket, supply problem driving season 1q 2q 2022 next year, China, India, take down coal, nuclear up.
24:27 In U.S. Kerry-flipped, Jennifer Grantham-DOE, Biden team, oil x10, 2025-2030 short 10 mil pounds Uranium, uranium national security problem, not mined here, nat gas, coal up, makes nuclear more competitive, last 10 years, uranium buyer didn’t have to front buy. Institutions front running. Unintended consequences of gov’t. only $21B uranium, bitcoin $.5T, dogecoin $50B
26:19 “Best risk/reward trade I have seen in my life. 5x-8x upside, 40% downside. URNM, URA.”
27:05 Bakes’ Take—Fans ask for ideas, I keep saying URNM, eyes glaze over, think I’m right
Bakes’ Take—Reporters of the Week!
Bakes’ Take—
27:40 Bakes’ Take—Charts/Tweets/Posts of the Week!
Jeffrey deGraaf—bitcoin head and shoulders top
29:00 Danielle DiMartino Booth—home buying conditions worst ever
Bakes’ Takes-short term bitcoin looks suspect/horrible, if breaks $30k, $20k next stop. If you don’t love a house, rent, consumption item, not investment
Bakes’ Take— Newsletters of the Week
Bakes’ Take—
30:37 Please also subscribe to my Bakes’ Takes YouTube Channel, the audio is the same but the charts that I reference are on the screen. Follow us on Twitter @BakesTakes_ and other social media. Please, please use your voice memo app, tape your question(s) and email to bakes@bakestakespodcast.com or write if you prefer. I will also keep you anonymous is you’d like.
Thank you for listening, Mike Wilson is my producer.
Have a great week. Bakes
Much-needed levity…
https://www.youtube.com/watch?v=kYYINJM3lPA 31:05 Tom Segura, Disgraceful
Bakes’ Takes Podcast Show Notes Saturday
May 22, 2021
:29 Why I do this—Bobby, Jack, please listen in.
‘87 crash, journey, technical analysis first, fundamentals second, not right or wrong, just works for me. read WSJ, Barron’s Economist, listen to podcasts, devour relevant newsletters, monitor what Google alerts bring. Point you to them, but if you don’t want to do that, please know that I’ll do it for you and I eat home cooking, I have no conflicts. What are your pain points? Problems you’d like solved? Topics I should cover? Thank you.
2:23 Supercast/Patreon levels. Weekly call with me, teach technical analysis, etc. You help me design the show. Guests I should reach out to. Text like I send to my sons. 610-331-4283.
Not investment advice. Please conduct, and share, your own due diligence.
Bakes’ Take—Fan Mail! Calls! Questions! Mike!
Bakes’ Take –
Please share this with your RH or RR friends, send your other stocks/ideas and I will offer strategy for them as well. Please stay tuned.
3:55 Bakes’ Takes—My Themes/Groups
GBTC—on 200 dma, didn’t break, despite Elon/TSLA, China, IRS, Fed. Calacanis on China worth a listen, podcasts of the week. Keep small %. Perspective—bought last year at $15 doubled, took original investment out, 2021 $32-$58.22-$30.10, still a double, pure profit. Why I am not freaking out.
8:40 Bought Global X Silver Miners/SIL—10% of portfolio, would you like same text I sent to my sons? High volume breakout. Could be reaction to cryptos swoon. Gold has perked up too, inverse to crypto.
10:10 TBF--Bond prices didn’t go down on 4.2% inflation news. What if Fed wasn’t buying $80B/month? Still making money, holding, but watching.
Bakes’ Take—
Bakes’ Takes-Gray Swan, new segment
Bakes’ Take—Podcasts of the Week!
11:40
https://thisweekinstartups.com/emergency-pod-huge-bitcoin-correction-robinhood-ipo-rumors-squarespace-direct-listing-e1219/
Jason Calacanis—5:00 China—make Jack Ma disappear, persecute religion and enslave them, roll over young people with tanks. Do you really think they can’t kill bitcoin, stop mining, not use in transactions? Don’t be naïve. Won’t kill off bitcoin, but wall off 1B+ people. National security risk, reserve currency threatened, US gets more restrictive. Banned banks and financial firms, investors stop trading in crypto. Don’t forget they are Communists!
Ooh La La
https://www.audible.com/pd/601-Monty-Moran-Former-Co-CEO-of-Chipotle-on-Building-Culture-Podcast/B094Z6H15W
14:44 Travis Chappell—New book-Love is Free, Quac is Extra! What can I give?, Don’t listen to words so much, etc.
https://podcasts.apple.com/us/podcast/colonial-pipeline-ransomware-attack-tesla-breaks-up/id1073226719?i=1000521699130
16:17 Scott G prediction--Next 30 days SEC, market manipulation crypto, Musk, create Teslacoin, Muskcoin!
https://podcasts.apple.com/us/podcast/how-worlds-companies-wound-up-in-deepening-supply-chain/id1056200096?i=1000521984181
18:03 Ryan Peterson, Flexport—Paying premiums to get on ships, “rolling” common, like bumped from flight. Passed through to consumers, inflation, doesn’t sound transitory
Bakes’ Take—
Bakes’ Take—Reporters of the Week!
20:20 Avi Salzman, Barron’s Bitcoin’s Crazy Week
Bakes’ Take—
Bakes’ Take—Charts/Tweets/Posts of the Week!
Bakes’ Take— Newsletters of the Week
23:35 Bear Traps Report, wind, solar not enough, need Nuclear/Uranium
24:42 Bitcoin rolling over, bad for stocks
25:25 NASDAQ looks ugly, tired
26:15 Bitcoin-Head and shoulders top
27:15 Josh Brown, Stimulating the housing market it psychotic
Bakes’ Take—
28:20 Please also subscribe to my Bakes’ Takes YouTube Channel, the audio is the same but the charts that I reference are on the screen. Follow us on Twitter @BakesTakes_ and other social media. Please, please use your voice memo app, tape your question(s) and email to bakes@bakestakespodcast.com or write if you prefer. I will also keep you anonymous is you’d like.
Thank you for listening, Mike Wilson is my producer.
Have a great week. Bakes
Much-needed levity…
https://www.youtube.com/watch?v=g-zIbVEjVpQ
28:50 JP Sears--- Why You Should Put All of Your Money
Gray Swan! New segment. China vs. Taiwan. Escalation would hurt stocks. Keep your head on a swivel.
Bakes’ Takes Podcast Show Notes Saturday
May 15, 2021
:25 Why I do this—Bobby, Jack, please listen in.
:39 ‘87 crash, journey, technical analysis first, fundamentals second, not right or wrong, just works for me. read WSJ, Barron’s Economist, listen to podcasts, devour relevant newsletters, monitor what Google alerts bring. Point you to them, but if you don’t want to do that, please know that I’ll do it for you and I eat home cooking, I have no conflicts. What are your pain points? Problems you’d like solved? Topics I should cover? Thank you.
2:22 Patreon levels. Weekly call with me, teach technical analysis, etc. You help me design the show. Guests I should reach out to. Text like I send to my sons. 610-331-4283.
3:40 Not investment advice. Please conduct, and share, your own due diligence.
Bakes’ Take—Fan Mail! Calls! Questions! Mike!
3:55 #GME—Need high volume breakout now! 11.1 mil shs
5:10 #AMC—Big volume, short interest high 93 mil shs, close above $14.54 launch point
6:13 Bakes’ Take –#GME—Now would be great, otherwise wedge didn’t work, #AMC—WSB asks about it, looks bullish
6:45 Charlie, TX—ETF question--The ETF uses an authorized participant (AP) to form creation units. For an ETF tracking the S&P 500, an AP would form a creation unit of shares in all the S&P 500 companies in a weighting equal to that of the underlying index. The AP would then transfer the creation unit to the ETF provider on an equal NAV value basis. In return, the AP would receive a similarly valued block of shares in the ETF. The AP can then sell those shares in the open market. The creation units are usually anywhere from 25,000 to 600,000 shares of the ETF.2
The redemption mechanism helps keep the market and NAV values in line. The AP can easily arbitrage any discrepancies between the market value and the NAV during the course of the trading day. The ETF shares' market value naturally fluctuates during the trading day. If the market value gets too high compared to the NAV, the AP can step in and buy the ETF's underlying constituent components while simultaneously selling ETF shares.
8:24 Bobby—Economy extended? Stimulus, unemployment? vs. stocks? (my take)
9:24 #AAPL—great eps, stock didn’t care, market discounted
https://www.youtube.com/watch?v=ScAeHsXIUqI
10:30 https://www.wsj.com/articles/the-fed-is-playing-with-fire-11620684980
Stanley Druckenmiller, Christian Broda—The emergency conditions are behind us. No need to buy $120 million in mortgage, bond purchases.
11:42 Bakes’ Take—BAC, JPM, other AP’s looking for arbitrage, likely too small, fleeting for us to exploit. AAPL, tech, etc.
Stocks are extended. Druckenmiller concerns apply to Congress/Biden as well. Focus on what it is rather than what I think should happen.
14:07 Please share this with your RH or RR friends, send your other stocks/ideas and I will offer strategy for them as well. Please stay tuned.
Bakes’ Takes—My Themes/Groups
14:43 Sold HERO, made 14%, sell discipline! PTJ-nothing good happens below the 200 dma, (after midnight)
16:11 Bakes’ Take—Like gaming, esports, but the money has been made…for now. #BakesTakes_ #bitcoin #uranium #cannabis #inflation #copper #sugar #soybeans #wheat #corn #blockchain #GME #retail #shortbonds
17:18 Bakes’ Takes-Gray Swan, new segment
19:41 Bakes’ Take—Podcasts of the Week!
https://podcasts.apple.com/us/podcast/the-fed-is-drucked-and-an-interview-with-jim-chanos/id1545205930?i=1000521689459
Druckenmiller OpEd, speaks to Bobby’s question, great discussion with Guy, Dan, and Dan
20:15 Bakes’ Take—Watch markets if bond buying is tapered. Needs to be done very gingerly. Please see 2018.
Bakes’ Take—Reporters of the Week!
21:07 By Gwynn Guilford
23:19
They don’t have the luxury of ignoring the food and energy costs that are backed out of the price metrics preferred by policy makers, and they can’t help but notice the 17% jump in existing-home prices that isn’t directly figured into such gauges. For the average American household, food, energy, and shelter combined represent roughly 50% of income before taxes.
23:55 Bakes’ Take—It’s not the 70’s…yet. But it’s not bullish. Buy and hold if you want to…but nothing good happens under the 200 dma.
Bakes’ Take—Charts/Tweets/Posts of the Week!
Bakes’ Take— Newsletters of the Week
Bakes’ Take—
26:16 Please also subscribe to my Bakes’ Takes YouTube Channel, the audio is the same but the charts that I reference are on the screen. Follow us on Twitter @BakesTakes_ and other social media. Please, please use your voice memo app, tape your question(s) and email to bakes@bakestakespodcast.com or write if you prefer. I will also keep you anonymous is you’d like.
Thank you for listening, Mike Wilson is my producer.
Have a great week. Bakes
Much-needed levity…
https://www.youtube.com/watch?v=GqgcqZZt4Rg
26:43 Pablo Francisco - They Put It Out There - Little Tortilla Boy 2
Bakes’ Takes Podcast Show Notes Saturday
May 8, 2021
:25 Why I do this—Bobby, Jack, please listen in.
:40 ‘87 crash, journey, technical analysis first, fundamentals second, not right or wrong, just works for me. read WSJ, Barron’s Economist, listen to podcasts, devour relevant newsletters, monitor what Google alerts bring. Point you to them, but if you don’t want to do that, please know that I’ll do it for you and I eat home cooking, I have no conflicts. What are your pain points? Problems you’d like solved? Topics I should cover? Thank you.
2:00 Patreon levels. Weekly call with me, teach technical analysis, etc. You help me design the show. 610-331-4283.
2:53 Not investment advice. Please conduct, and share, your own due diligence.
Bakes’ Take—Fan Mail! Calls! Questions! Mike!
3:09 #GME
Bakes’ Take –Do or die for #GME.
Charlie, TX, Bobby—ETF question, extended, next week
Bakes’ Take—
4:32 Please share this with your RH or RR friends, send your other stocks/ideas and I will offer strategy for them as well. Please stay tuned.
Bakes’ Takes—My Themes/Groups
24.53% YTD, STILL allergic to red, GBTC 208%, URNM 124%, etc.
GBTC
URNM
Bakes’ Take—Bitcoin, Uranium, etc.
Bakes’ Takes-Gray Swan, new segment
https://www.economist.com/briefing/2021/05/01/chinas-growing-military-confidence-puts-taiwan-at-risk
8:50 China/Taiwan—The Economist
9:55 Bakes’ Take—Podcasts of the Week!
https://podcasts.apple.com/us/podcast/the-price-of-a-dalliance-on-wall-street/id1293006829?i=1000520483985
10:00 The Farrcast, at 21 minutes, political strategist Dan Mahafee, China rapidly building ships, threatening Taiwan
https://podcasts.apple.com/us/podcast/trouble-at-basecamp-bezos-fights-for-moon-listener/id1073226719?i=1000519418319
10:40 Kara Swisher, Scott Galloway, at 39 mins. Peloton creating Match rival, fit/hot, logical, Elon Musk sounding like Jack Welch (my comparison not there’s), 25c/93c last q eps SELLING Bitcoin, he can tweet and impact price, SEC? 50 mins. this/Dogecoin SNL skits?
Bakes’ Take—
Bakes’ Take—Reporters of the Week!
14:21 Bakes’ Take—CNBC corn, 7 year high
Bakes’ Take—Charts/Tweets/Posts of the Week!
15:22 Jim Bianco—Every valuation metric, record high!
16:05 Jim Bianco—Bloomberg Commodities Index, best ytd ever!
Bakes’ Take— Newsletters of the Week
The Bear Traps Report
16:40 Copper 10-year highs, own/like COPX!
17:20 Lumber has never been this high!
18:05 Margin Debt suggests SPX heads down 4.5-6 months.
18:51
19:44 Bloomberg Commodities highest since 9/12.
19:55 URNM breaking out!
21:12 Stock allocations ATH!
21:37
Bakes’ Take—Sprott game changer! Bullish for #Uranium.
24:26 Please also subscribe to my Bakes’ Takes YouTube Channel, the audio is the same but the charts that I reference are on the screen. Follow us on Twitter @BakesTakes_ and other social media. Please, please use your voice memo app, tape your question(s) and email to bakes@bakestakespodcast.com or write if you prefer. I will also keep you anonymous is you’d like.
Thank you for listening, Mike Wilson is my producer.
Have a great week. Bakes
Much-needed levity…
https://www.youtube.com/watch?v=reuJjGhgU_k&t=36s
25:03 Best of Anthony Jeselnik
Bakes’ Takes Podcast Show Notes Saturday
April 24, 2021
:25 Why I do this—Bobby, Jack, please listen in.
‘87 crash, journey, technical analysis first, fundamentals second, not right or wrong, just works for me. read WSJ, Barron’s Economist, listen to podcasts, devour relevant newsletters, monitor what Google alerts bring. Point you to them, but if you don’t want to do that, please know that I’ll do it for you and I eat home cooking, I have no conflicts. What are your pain points? Problems you’d like solved? Topics I should cover? Thank you.
2:14 Not investment advice. Please conduct, and share, your own due diligence.
Bakes’ Take—Fan Mail! Calls! Questions! Mike!
2:31 #GME
3:56 Bakes’ Take – #GME breakout seems unlikely but still watch this week, AMC down volume bit less positive than GME
5:43 Charlie, TX
Thanks a lot for another great episode - love the episodes lately (longer form ones as well as the abbreviated tid bits). I have a couple questions/suggestions below. Any and all help would be appreciated.
- If I'm a young guy trying to gain exposure to the booming gaming industry (gambling/betting not video games) what do you think is the best way to gain exposure here? I think you've mentioned some ETFs and single stocks, but what do you think about Penn vs Draft Kings? Is it safer to just play in the space through the ETFs?
6:23 Roundhill Sports Betting—BETZ, down volume, had helluva run
7:23 VanEck Vector Gaming/BJK—very similar
8:01 PENN-$4-$142-$89/$2.28 ’22 39x, growing 40%
9:16 ETF’s vs. individual stocks, interviews sheet, suppliers, customers, competitors
11:08 Individual investor advantage
12:41 DKNG—Losing money, both lot of good news priced in
Like cannabis, states need revenues, legalizing
13:41
- What are your thoughts on Doge Coin? Is there room to make legit money there?
14:24 James McKintosh
14:49 Dogecoin—parabolas correct 80%+, below a dime in 6 months likely
It’s a joke…literally, maybe, greater fool?
- If you were to create a basket for tickers that'll benefit from the explosion of partying, concerts, etc that will likely come onto the scene this summer, what would these be?
16:00 Invesco Leisure and Entertainment/PEJ—looks like gambling stocks, market has largely discounted
16:55 What are your thoughts on eToro?
https://www.etoro.com/en-us/about/
Don’t know, but interested, please send your feedback
Thanks a ton as always.
Best,
Charlie
17:30-20:00 YouTube-ACE CLOP—No offense, not establishment, not a reporter, takes=opinions, establishment/market doesn’t care, #GME shorts way down
20:20 YOLO
20:54 MJ
21:43
22:19 Bakes’ Take—Fun week for #GME, XRT my way to play, AMC ok, gambling ETF’s look extended/tired, live entertainment too, no joke no dogecoin, prefer YOLO, Bob and others please share with your kids
Please share this with your RH or RR friends, send your other stocks/ideas and I will offer strategy for them as well. Please stay tuned.
23:05 Bakes’ Takes—My Themes/Groups
Bakes’ Take-Stay the course!
23:40 Bakes’ Take—Podcasts of the Week!
ALL-IN
Bakes’ Take—
Bakes’ Take—Reporters of the Week!
25:10
https://www.cnbc.com/2021/04/17/mark-cuban-advice-i-got-from-a-mentor-at-22-years-old-that-i-use.html
25:55 Andrew Duehren, They will meet in the middle, as always, cap gains will go the same way
27:26 Bakes’ Take—Listen! Tax plan negative impact on stocks, crypto likely reverses this week
Bakes’ Take—Charts/Tweets/Posts of the Week!
27:41 Fido’s Jurrien Timmer, looks like 3/09-4/10, QE1 ended, Fed stopping bond buying?
Please see dogecoin
29:10 Bakes’ Take—14 mos. up, time for breather, like Josh Brown
29:25 Bakes’ Take— Newsletters of the Week
Bakes’ Take—Sell in May, go away, at least adjust expectations, dovetails with 2010 analog
30:38 Please also subscribe to my Bakes’ Takes YouTube Channel, the audio is the same but the charts that I reference are on the screen. Follow us on Twitter @BakesTakes_ and other social media. Please, please use your voice memo app, tape your question(s) and email to bakes@bakestakespodcast.com or write if you prefer. I will also keep you anonymous is you’d like.
Thank you for listening, Mike Wilson is my producer.
Have a great week. Bakes
Much-needed levity…
https://www.youtube.com/user/jimgaffigancomic
31:09 Jim Gaffigan—Bars are Adult Playgrounds
Bakes’ Takes Podcast Show Notes Saturday
April 17, 2021
:24 Why I focus on $212 for GameStop #GME breakout!
Thank you. 12K+ views, doubled subscribers, please join us! Subscribe (YouTube and podcast, Apple, Spotify etc.), share, like and review.
1:10 Why I do this—Bobby, Jack, please listen in.
‘87 crash, journey, technical analysis first, fundamentals second, not right or wrong, just works for me. read WSJ, Barron’s Economist, listen to podcasts, devour relevant newsletters, monitor what Google alerts bring. Point you to them, but if you don’t want to do that, please know that I’ll do it for you and I eat home cooking, I have no conflicts. What are your pain points? Problems you’d like solved? Topics I should cover? Thank you.
2:40 Not investment advice. Please conduct, and share, your own due diligence.
Bakes’ Take—Fan Mail! Calls! Questions! Mike!
2:54 GME—wedge ends in 2 weeks, $212, gap filled
5:03
5:48 Mike—RIOT is 3.94% of BLOK
https://www.youtube.com/watch?v=xKE1tAyCSyo
6:57 Amplify CEO, BLOK will buy Coinbase
7:30 Andrew, DE—Books
Bill O’Neil, How to Make Money in Stocks
Peter Lynch, One Up on Wall Street
9:27 Options, not for me, but if interested
https://marketrebellion.com/
11:36 Matt, PA—MP
MP Materials/MP—Rare earths miner. 2ndy March, future dilution. Temporary hold or take gains. 200 dma $23.39 support, 200 dma, not ideal vs. $30.64 current price
13:22 John D., PA—Where to invest some extra money
BT Invest in themes/trends on top
401(k) SPX, int’l, stay in market
Debt down? Don’t have debt 72-75
Term Insurance Take care of loved ones
Cash, Gold, Bitcoin 6 mos. liquid, inflation/deflation
16:37 Vs. institutions, for bitcoin—hope.com, Pomp newsletter, a16z
17:16
https://hope.com/
17:24
https://www.anthonypompliano.com/newsletter
17:30
https://a16z.simplecast.com/episodes/crypto-an-oral-essay-3c3yB_de
18:04 Bakes’ Take—Fun 2 weeks for HODLers, still bullish on bitcoin/blockchain, 2 books worth your time to start, options not for me but check out Najarians, invest top of the pyramid, vs. institutions, bitcoin education
Please share this with your RH or RR friends, send your other stocks/ideas and I will offer strategy for them as well. Please stay tuned.
18:48 Bakes’ Takes—My Themes/Groups
Bakes’ Take-Stay the course!
19:10 Bakes’ Take—Podcasts of the Week!
https://www.npr.org/2021/04/07/985041291/robinhood-vlad-tenev
19:56 Bakes’ Take—RH has growing pains, has no incentive to suppress trading
20:20 Bakes’ Take—Reporters of the Week!
Brian Sullivan, CNBC
21:20
Danielle DiMartino Booth—Fed #Clueless
22:17 Bakes’ Take—Signs of froth, Fed stirring
22:34 Bakes’ Take—Charts/Tweets/Posts of the Week!
24:46 Bakes’ Take—Inflation going north, #shortbonds
24:53 Bakes’ Take— Newsletters of the Week
The Bear Traps Report
27:19 Bakes’ Take—Copper up, Coinbase taking share in crypto investors portfolios, inflation again
27:34 Please also subscribe to my Bakes’ Takes YouTube Channel, the audio is the same but the charts that I reference are on the screen. Follow us on Twitter @BakesTakes_ and other social media. Please, please use your voice memo app, tape your question(s) and email to bakes@bakestakespodcast.com or write if you prefer. I will also keep you anonymous is you’d like.
Thank you for listening, Mike Wilson is my producer.
Have a great week. Bakes
Much-needed levity…
https://www.youtube.com/watch?v=2Ilu0Px_wE4
Nikki Glaser—Best Roast Moments
GME--I can't believe I'm saying this. IF #GME closes above $212, stock will scream, HODLers rejoice!
Bakes’ Takes Podcast Show Notes Saturday
April 10, 2021
:23
1) Cut your losses!
2) Hold your winners!
3) See #1!
:33 Why I do this—Bobby, Jack, please listen in.
1:04 ‘87 crash, journey, technical analysis first, fundamentals second, not right or wrong, just works for me. read WSJ, Barron’s Economist, listen to podcasts, devour relevant newsletters, monitor what Google alerts bring. Point you to them, but if you don’t want to do that, please know that I’ll do it for you and I eat home cooking, I have no conflicts. What are your pain points? Problems you’d like solved? Topics I should cover? Thank you.
2:11 Not investment advice. Please conduct, and share, your own due diligence.
Bakes’ Take—Fan Mail! Calls! Questions! Mike!
2:25 Jack—FIVG? Did not have in system, now do
Fact Sheet
T, NOK, zzzz…
4:50 Hey Mr. Bakes - attached is a voice recording for a question I had for you about selling discipline. One thing I wanted to add to this question is about your -15% general rule of thumb. Is it when your investment is down 15% at any point or do you have this discipline for a set amount of time? For example, if your investment is down 15% over 1 month vs 3 months vs a year and if that comes into factor when you evaluate selling a holding to cut losses. Thank you, as always, for your insight!
Best,
Murph
8:29 -15% Always
9:53 Please connect with me, LNKD, etc. DM, fire away
10:19 Market tells me how long to hold.
URNM-Years, I hope
12:02 Sell discipline--RCL
13:48 Mark Cuban, Ethereum
15:08 Watch for “Buffet effect.”
17:20 ETHE—Triangle, looking better, breakout! 80/20?
20:05 Bakes’ Take—5G? not for me for now, cut losses 15%, works, hold your winners
20:21 Please share this with your RH or RR friends, send your other stocks/ideas and I will offer strategy for them as well. Please stay tuned.
20:30 Bakes’ Takes—My Themes/Groups
Bakes’ Take-No change
21:06 Bakes’ Take—Podcasts of the Week!
https://www.businesscasual.fm/our-economy-needs-workers-to-learn-new-skills/
Bakes’ Take—Check out CareerKarma
22:08 Bakes’ Take—Reporters of the Week!
If you’ve been vaccinated, there’s almost no direct safety benefit—to yourself or others—of wearing a mask.
If you’re unable to get vaccinated, it’s reasonable to expect others to accept infringements on their freedom as a precaution. Not if you refuse to get vaccinated.
Dr. Saphier is a physician at Memorial Sloan Kettering Cancer Center, an assistant professor at Weill Cornell Medical College, and author of “Panic Attack.”
24:00 XRT—4% GME, retail will catch a lot of money
24:43
Let me be blunt: Tech stocks are still alarmingly expensive.
Sacconaghi counts 366 tech stocks currently meeting the 15-plus sales-multiple criteria, up from 25 in 2017. It’s the highest total since 2000, when a staggering 1,540 traded above 15 times sales. We know what happened to the market after that.
25:50 Bakes’ Take—Stocks are expensive, bull with head on a swivel
26:07 Bakes’ Take—Charts/Tweets/Posts of the Week!
30:36 Bakes’ Take—At extremes, see #1
30:37 Bakes’ Take— Newsletters of the Week
Bear Traps Report
34:34 Bakes’ Take—Like copper, biotech not so much
34:39 Please also subscribe to my Bakes’ Takes YouTube Channel, the audio is the same but the charts that I reference are on the screen. Follow us on Twitter @BakesTakes_ and other social media. Please, please use your voice memo app, tape your question(s) and email to bakes@bakestakespodcast.com or write if you prefer. I will also keep you anonymous is you’d like.
Thank you for listening, Mike Wilson is my producer.
Have a great week. Bakes
Much needed levity…
https://www.youtube.com/watch?v=TKgIp2rPwNI
35:08 Heavy Metal Baby covers Metallica—Enter Sandman
https://www.youtube.com/watch?v=rOLlfPPTld0
35:29 The Funniest Roasts & Comebacks by Comedians—Jay Leno, Louis CK, Bill Burr, others
Bakes' Takes Podcast 4/3/21 3:50 My bullish themes! Bitcoin, uranium, cannabis, and more!
Bakes’ Takes Podcast Show Notes Saturday
April 3, 2021
:27
1) Buy bitcoin before Apple does!
2) +15.77%, allergic to red
3) Cannabis bright future!
: 42 Why I do this—Bobby, Jack, please listen in.
‘87 crash, journey, technical analysis first, fundamentals second, not right or wrong, just works for me. read WSJ, Barron’s Economist, listen to podcasts, devour relevant newsletters, monitor what Google alerts bring. Point you to them, but if you don’t want to do that, please know that I’ll do it for you and I eat home cooking, I have no conflicts. What are your pain points? Problems you’d like solved? Topics I should cover? Thank you.
2:20 Not investment advice. Please conduct, and share, your own due diligence.
2:31 Bakes’ Take—Fan Mail! Calls! Questions! Mike!
2:36 Dad—explain touch the stove.
3:57 Pete, PA—voice memo, not advice, what I do, picture pyramid
BT Invest in themes, trends on top
401(k) SPX, int’l, stay in market
Debt down? Don’t have debt 72-75
Term Insurance Take care of loved ones
Cash, Gold, Bitcoin 6 mos. liquid, inflation/deflation
9:16 Brandon-YouTube, BEAM, CRSP
BEAM Therapeutics—DNA gene editing, confession, individual stocks vs. ETF. Interview sheet, KOP’s/Doctors, etc. Binary risk, head and shoulders, down volume, catalyst?
Crispr Therapeutics/CRSP--Cathie Wood stock?, broke ma’s, catalyst?
14:37 Invesco Dwa Healthcare/PTH—BEAM 1.68%, CRSP 2.64%, only ok
Bakes’ Take—Touch the stove, pyramid, no biotech for me, investigate rest of PTH for gene editing stocks if you like that theme
Please share this with your RH or RR friends, send your other stocks/ideas and I will offer strategy for them as well. Please stay tuned.
16:00 Bakes’ Takes—My Themes/Groups
+15.77% YTD, allergic to red, check
17:57 #BakesTakes_ #bitcoin #uranium #cannabis #blockchain #esports #gaming #copper #shortbonds #GME #retail #sugar #soybeans #wheat #corn
Went through 1700+ charts, no new themes
Bakes’ Take-Like our themes, will seek more next month
22:06 Bakes’ Take—Podcasts of the Week!
22:30
https://riskreversal.com/2021/03/30/on-the-tape-podcast-guys-interview-with-michael-saylor/
Michael Saylor, hope.com, https://hope.com/, curated, 12 hours, you will understand bitcoin, buy bitcoin before AAPL does, 10000 on conf call vs. 2000
Bakes’ Take—Bitcoin is going north, watch AAPL
Bakes’ Take—Reporters of the Week!
25:50 Bakes’ Take—Ag going north
Bakes’ Take—Charts/Tweets/Posts of the Week!
26:37 Bakes’ Take—YOLO suggests cannabis bright future not priced in
Bakes’ Take— Newsletters of the Week
Bakes’ Take—
27:03 Please also subscribe to my Bakes’ Takes YouTube Channel, the audio is the same but the charts that I reference are on the screen. Follow us on Twitter @BakesTakes_ and other social media. Please, please use your voice memo app, tape your question(s) and email to bakes@bakestakespodcast.com or write if you prefer. I will also keep you anonymous is you’d like.
Thank you for listening, Mike Wilson is my producer.
Have a great week. Bakes
Much needed levity…
27:36
https://www.youtube.com/watch?v=PwkFz7h6huc
Kathleen Madigan, Commonly Googled
Bakes’ Takes Podcast Show Notes Saturday March 27, 2021 :23 1) Growth? Value? Don’t care! 2) Shorts at record low! 3) ARKK taking on water? :42 Why I do this—Bobby, Jack, please listen in. ‘87 crash, journey, technical analysis first, fundamentals second, not right or wrong, just works for me. read WSJ, Barron’s Economist, listen to podcasts, devour relevant newsletters, monitor what Google alerts bring. Point you to them, but if you don’t want to do that, please know that I’ll do it for you and I eat home cooking, I have no conflicts. What are your pain points? Problems you’d like solved? Topics I should cover? Thank you. 2:10 Not investment advice. Please conduct, and share, your own due diligence. Bakes’ Take—Fan Mail! Calls! Questions! Mike! 2:19 Murph—John Deere/DE, scarcity in farm equipment space, Cramer Daily, growth stock now and for next two years, eps 84% ’21, eps 16% ’22, stock started moving mid-2020 with down earnings, China/swine herd/commodities our theme feeds DE demand, 20x ’22, Agco/AG only other ag public equip maker, many make CAT vs. DE decision Monthly—goes vertical, looks like growth stock 8:12 Bakes’ Take—Growth vs. Value is an institutional concept, I, and you shouldn’t care, how do we make money this year, and next, etc. Broke out $170 July ’20, now $372, for whatever reason did not see ETF at that time. Looks extended to me, curious how it responds to earnings news Please share this with your RH or RR friends, send your other stocks/ideas and I will offer strategy for them as well. Please stay tuned. Bakes’ Takes—My Themes/Groups 9:30 #BakesTakes_ #GME #retail #uranium #cannabis #bitcoin #blockchain #copper #sugar #soybeans #wheat #corn #shortbonds +14.08% 12:50 Bakes’ Take-Unconventional portfolio but it is working. Our themes intact. Month end coming up, will report back what I learn from researching 1700+ charts. Bakes’ Take—Podcasts of the Week! https://podcasts.apple.com/us/podcast/sec-springing-into-action-cannabis-policy-deep-dive/id1545205930?i=1000514476814 13:18 Guy Adami, Dan Nathan, Danny Moses—20 minutes ARK’s Cathie Wood’s $3000 target for TSLA couldn’t move stock up! Watch if broadens out like ’00. 15:10 200 dma $500, volume up on down days, more later 16:24 Cannabis recreational in NY, at 55 mins. Brady Cobb—CEO Bluma Wellness to McConnell, please tax and regulate us! No other co./industry asks that! YOLO 17:38 Bakes’ Take—Sell discipline for TSLA has not kicked in but be wary. Cannabis—bull case keeps building. https://www.youtube.com/watch?v=oqfAtMKu1wo 18:21 Pomp Podcast—Cramer has become believer, thanks Pomp. Bought $500k, took half out (our strategy). Corporate treasurers all have or forming a bitcoin strategy. Bakes’ Take—Reporters of the Week! 19:15 https://www.economist.com/finance-and-economics/2021/03/09/the-worlds-consumers-are-sitting-on-piles-of-cash-will-they-spend-it The economic controls implemented during the second world war make today’s restrictions on restaurants and football stadiums look lax. In America the government rationed everything from coffee to shoes and forbade the production of fridges and bicycles. In 1943 its entire automobile industry sold only 139 cars. Two years later the war ended, and a consumer-led boom ensued. Americans put to use the personal savings they had accumulated in wartime. By 1950 carmakers were producing more than 8m vehicles a year. 22:18 https://www.wsj.com/articles/uranium-has-that-healthy-glow-again-11616497201?mod=searchresults_pos1&page=1 a realistic reason for optimism is in the steady cutback of uranium mining in recent years following years of oversupply. Compared with 2016, the world mined 12.2% less uranium in 2019. 23:36 Bakes’ Take—Not the greatest generation coming back from WWII but economic surge likely. Could be good for stocks if bonds don’t spoil party. First time uranium mentioned in WSJ in my memory. URNM up 88%. Spot still under $30, down from $80+. Bakes’ Take—Charts/Tweets/Posts of the Week! 25:11 Shorts at record lows. Bakes’ Take— Newsletters of the Week 30:25 https://pomp.substack.com/p/will-the-bitcoin-etf-be-similar-to 2003 $200k in gold ETF’s. Now $100 billion U.S. only. Fourth largest holders US, Germany, IMF. Bakes’ Take—I’m a bull, on equities…with my head on a swivel. Short levels at ’00 levels a concern. I am a bull on bitcoin, period. I’m a bear on politicians. Please also subscribe to my Bakes’ Takes YouTube Channel, the audio is the same but the charts that I reference are on the screen. Follow us on Twitter @BakesTakes_ and other social media. Please, please use your voice memo app, tape your question(s) and email to bakes@bakestakespodcast.com or write if you prefer. I will also keep you anonymous if you’d like. Thank you for listening, Mike Wilson is my producer. Much needed levity… 33:14 https://www.youtube.com/watch?v=6YTywo50vWQ Chris Porter, Hipsters Ruin Everything
Bakes’ Takes Podcast Show Notes Saturday
March 20, 2021
:24 1) Hey budtender! (not a typo)
2) Don’t invest your politics!
3) Road trip?
:34 Why I do this—Bobby, Jack, please listen in.
‘87 crash, journey, technical analysis first, fundamentals second, not right or wrong, just works for me. read WSJ, Barron’s Economist, listen to podcasts, devour relevant newsletters, monitor what Google alerts bring. Point you to them, but if you don’t want to do that, please know that I’ll do it for you and I eat home cooking, I have no conflicts.
1:50 Not investment advice. Please conduct, and share, your own due diligence.
2: 12 Bakes’ Take—Fan Mail! Calls! Questions! Mike!
Murph—ICLN?
3:19 Ishares S&P Global Clean Energy—ICLN, ok, 20.98 200 dma, PLUG—9.5%, $27B, losing money
6:29 Bakes’ Take—ICLN, ok, at support, watch PLUG
7:10 Please share this with your RH or RR friends, send your other stocks/ideas and I will offer strategy for them as well. Please stay tuned.
7:24 Bakes’ Takes—My Themes/Groups
Bakes’ Take-
8:13 Bakes’ Take—Podcasts of the Week!
8:20
https://podcasts.apple.com/us/podcast/i-love-calamity-danny-moses-interview-with-kara-swisher/id1545205930?i=1000513696325
20:24 Danny Moses, IL cannabis Feb. tax receipts exceeded alcohol. Alcohol lobby asking Congress to regulate like they are. SAFE-Secure and Fair Enforcement, new bill, GOP blocked prior, allow banks to lend, U.S. stock listing, criminal justice reform. Guy Adami, Howard Schultz, Starbucks founder, invested in space. Dan Nathan, how play? DM-short private prisons! CPG co’s of future. Brands, distribution, grow plant. Get access to 5-7% paper. Drug sector terrified. Talk to the budtender. Auto’s in the 50’s. Internet in the ‘90’s.
Advisors PureCannabis (YOLO)—Good looking chart, Inning 3?
Bakes’ Take—Cannabis—long term trend, years to go
https://theirrelevantinvestor.com/2021/03/16/the-twenty-craziest-investing-facts-ever-2/
17:39 Posted March 16, 2021 by Michael Batnick
- Over the last twenty years, Gold is up 340%. Stocks are up 208%, with dividends. You can support any argument by changing the start and end dates.
15:36 Bakes’ Take—Reporters of the Week!
GS next? And everyone else…
Bakes’ Take—
Bakes’ Take—Charts/Tweets/Posts of the Week!
16:48 Bakes’ Take— Newsletters of the Week
21:10
Bakes’ Take—
Please also subscribe to my Bakes’ Takes YouTube Channel, the audio is the same but the charts that I reference are on the screen. Follow us on Twitter @BakesTakes_ and other social media. Please, please use your voice memo app, tape your question(s) and email to bakes@bakestakespodcast.com or write if you prefer. I will also keep you anonymous is you’d like.
Thank you for listening, Mike Wilson is my producer.
Have a great week. Bakes
https://www.youtube.com/watch?v=MnhDyc7AZ5U
24:37 Dick and Rick Hoyt—I Can Only Imagine
Much needed levity…
https://www.youtube.com/watch?v=tiN85rPBy3k
25:14 What Are Waiters Even Talking About? - Maria Bamford
Bakes’ Takes Podcast Show Notes Saturday
March 13, 2021
:23 1) Vaccines, check.
2) Stimulus, check.
3) Stocks up? No check yet.
:33 Why I do this—Bobby, Jack, please listen in.
‘87 crash, journey, technical analysis first, fundamentals second, not right or wrong, just works for me. read WSJ, Barron’s Economist, listen to podcasts, devour relevant newsletters, monitor what Google alerts bring. Point you to them, but if you don’t want to do that, please know that I’ll do it for you and I eat home cooking, I have no conflicts.
1:49 Not investment advice. Please conduct, and share, your own due diligence.
Bakes’ Take—Fan Mail! Calls! Questions! Mike!
2:18 Mike!—Why play short term game? Should I pay attention daily? If I focus on 10-year outlook I would make more money. RCL example
Royal Caribbean/RCL--$111 down to $86, down 22% in one year, plan ahead
All of these beat RCL. If you own losers you can’t invest in winners.
4:33 Bakes’ Take—Very few true long-term investors imo. Long term in retirement plan, add our ideas on top.
6:10 Jack—Stimulus bill effect on equity markets? % of $1400 to stocks and retail.
6:49 XRT/Spider S&P Retail ETF—4% or so GME, yes, I’m touching the stove. 3/25 earnings call. How do they become digital gaming company. Chewy II.
8:10 XRT—weekly closing high, good looking chart.
8:18 GME—4% or so of XRT, $18B mkt cap, losing $2 this year Street est., SPAC w/ Epic, Ryan Cohen, Chewy II, 11 mil shs short/69.7 mil out, 15% or so
10:22 Bakes’ Takes—Stimulus likely largely priced in, discussed for months. Sell the rumor? Amazed at GME, another lid broken, even with short interest way down
10:48 Please share this with your RH or RR friends, send your other stocks/ideas and I will offer strategy for them as well. Please stay tuned.
Bakes’ Takes—My Themes/Groups
11:05 Bakes’ Take-Like my etf’s, watching 200 dma’s know market is not cheap
Bakes’ Take—Podcasts of the Week!
https://podcasts.apple.com/us/podcast/next-big-thing-nfts-rising-rates-legendary-mark-fisher/id1456467014?i=1000511697710
11:37 At 1:06 Mark Fisher “get lost”. Pre Wayz. Small amount of real money. Let us help you find the way. Touch the stove, gingerly. Also, Mark is looking to train traders at http://www.mbfcapital.com/contact.cgi
https://podcasts.apple.com/us/podcast/cathie-wood-on-space-tesla-and-following-up-her-152-return/id1504250328?i=1000511700091
15:39 Cathie—up 152%, can’t be surprised down 20%. Wouldn’t chase her ideas. At 17 mins. Bitcoin math.
Art Laffer/Cathie Wood
$8,000,000,000,000
U. S. Monetary base
$10,000,000,000,000
Gold
Bitcoin Shares
21,000,000
21,000,000
Bitcoin Price
$380,952.38
$476,190.48
Bakes’ Take—Reporters of the Week!
19:24 Bakes’ Take—Most will take his advice. The economy will rip. Rates might as well. Watch 200 dma’s.
https://www.instagram.com/p/CLfSz8Gpcf2/
https://www.youtube.com/watch?v=Y9zu0eHzEno
22:39 Bakes' Takes Podcast 9/2/20 - My 3 minutes on Bond Prices Going Down!
22:41 two things must be remembered. One is that well-regulated nuclear power is safe. With the terrible Soviet-era exception of Chernobyl, nuclear disasters come without large death tolls. It was the tsunami, not radiation, that claimed nearly all those lives in Fukushima. The other is that the climate is in crisis, and nuclear plants can supply some of the vast amounts of emissions-free electricity the world needs if it is to cope. Solar and wind power are now much cheaper, but they are intermittent. Providing a reliable grid is a lot easier if some of its generating capacity can be assumed to be available all the time. Nuclear provides such capacity with no ongoing emissions, and it is doing so safely and at scale around the world.
24:17 Peter Baum’s company in New York, Baum-Essex, uses factories in China and Southeast Asia to make umbrellas for Costco, cotton bags for Walmart and ceramics for Bed Bath & Beyond. Six months ago, he was paying about $2,500 to ship a 40-foot container to California.
“We just paid $6,000 to $7,000,” he said. “This is the highest freight rate that I have seen in 45 years in the business.”
In early September, he waited 90 days to secure space on a ship for a container of wicker chairs and tables.
Bakes’ Take—Charts/Tweets/Posts of the Week!
25:49 PFE--$34à$43à$34, bought the rumor, selling the news, fan question follow-up
MRNA--$100à$189à$136, bought the rumor, selling the news, fan question follow-up
Bakes’ Take— Newsletters of the Week
27:32 Bakes’ Take—Selling stocks to pay tax bill makes sense to me
03/12/2021
28:48
Please also subscribe to my Bakes’ Takes YouTube Channel, the audio is the same but the charts that I reference are on the screen. Follow us on Twitter @BakesTakes_ and other social media. Please, please use your voice memo app, tape your question(s) and email to bakes@bakestakespodcast.com or write if you prefer. I will also keep you anonymous is you’d like.
Thank you for listening, Mike Wilson is my producer.
Have a great week. Bakes
Much needed levity…
https://www.youtube.com/watch?v=4x6ChkeOmDw
30:25 The Worst Thing to Say at a Party - Pete Holmes
Bakes’ Takes Podcast Show Notes Saturday
March 6, 2021
:23 1) Bubble?
2) How to sell stocks!
3) Commodities around 100- year lows
:38 Why I do this—Bobby, Jack, please listen in.
‘87 crash, journey, technical analysis first, fundamentals second, not right or wrong, just works for me. read WSJ, Barron’s Economist, listen to podcasts, devour relevant newsletters, monitor what Google alerts bring. Point you to them, but if you don’t want to do that, please know that I’ll do it for you and I eat home cooking, I have no conflicts.
1:30 Not investment advice. Please conduct, and share, your own due diligence.
1:45 Bakes’ Take—Fan Mail! Calls! Questions! Mike!
2:04 Bubble? I LOVE THIS QUESTION! Here is what you do…
2:17 Bobby—chart
Buffet Indicator—stocks to GDP at all time highs
You are here, why bonds matter
Bakes’ Take—Valuations poor, can’t handle rates up much more, watch 200 dma’s
New Bakes’ Take—no bubble, but expensive, know how to sell
3:58 Bill O’Neil—How to Make Money Selling Stocks Short
CSCO—2000, $80 to $12, down 85% in 18 months
Royal Caribbean/RCL--$111 down to $86, down 22% in one year, plan ahead
8:23 Bakes’ Take—Plan now, sell 1/3 break 200 dma, 1/3 50 dma crosses below 200 dma, 1/3 200 dma turns down
8:51 Please share this with your RH or RR friends, send your other stocks/ideas and I will offer strategy for them as well. Please stay tuned.
9:02 Bakes’ Takes—My Themes/Groups
9:05 Bakes’ Take-Like my etf’s, watching 200 dma’s know market is not cheap
Bakes’ Take—Podcasts of the Week!
Bakes’ Take—Reporters of the Week!
10:13 Bakes’ Take—Charts/Tweets/Posts of the Week!
10:55 Commodities—around 100-year lows, #uranium # copper #short bonds #agriculture #bitcoin
Jim Bianco—commodities up 16%+ first two months, going back to 1973, 2nd best year vs. 2003
13:34 Ed Yardeni—after current quarter GDP expansion in record-high territory, “the economy is hot and will get hotter with the bonfire of the fiscal and monetary insanities”
15:14 Bill Gates/TerraPower—Nuclear is ESG, my words not his, SMR’s a solution, yes, good for #uranium
https://www.cbsnews.com/video/bill-gates-climate-change-60-minutes-2021-02-14/#x
16:35 Jim Bianco—GBTC at a discount, bullish previous first, second times
17:27 Jurrien Timmer, Director of Global Macro, Fidelity, watch 2% inflation, above or below, P/E’s decline
Please also subscribe to my Bakes’ Takes YouTube Channel, the audio is the same but the charts that I reference are on the screen. Follow us on Twitter @BakesTakes_ and other social media. Please, please use your voice memo app, tape your question(s) and email to bakes@bakestakespodcast.com or write if you prefer. I will also keep you anonymous is you’d like.
Thank you for listening, Mike Wilson is my producer.
Have a great week. Bakes
Much needed levity…
https://www.youtube.com/watch?v=hmNOe94Kz3Q
19:08 Gabriel Iglesias, Cuban Coffee almost killed me
Bakes' Takes Podcast 2/27/21--:59 URNM +75%—I mentioned I’m bullish on uranium, right? Years to go #BakesTakes_ #Uranium
Bakes' Takes Podcast 2/27/21 :43 YOLO--+83% Cannabis, states need revenues. #cannabis #bakestakes_ #podcast
Bakes' Takes Podcast 2/27/21 1:34 +12.89% vs. SPX under 2%, not bad. Allergic to red! Cut losses!
Bakes’ Takes Podcast Show Notes Saturday
February 27, 2021
:30 1) GME-elastic cat
2) Allergic to red
3) Being right vs. making money
:46 Why I do this—Bobby, Jack, please listen in.
‘87 crash, journey, technical analysis first, fundamentals second, not right or wrong, just works for me. read WSJ, Barron’s Economist, listen to podcasts, devour relevant newsletters, monitor what Google alerts bring. Point you to them, but if you don’t want to do that, please know that I’ll do it for you and I eat home cooking, I have no conflicts.
2:07 Not investment advice. Please conduct, and share, your own due diligence.
2:12 Bakes’ Take—Fan Mail! Calls! Questions! Mike!
2:18 Bobby’s text--what’s going on with GME?
2:43 "even a dead cat will bounce if it falls from a great height" $22 launch pad to $483 to $40 qualifies, $35-$43 floor, bounce $65-$77 ceiling IMO?
3:23 Broke through $77. Gap at $212. Still staying away. Are you red?
4:53 Lot of kerosene mopped up
5:52 Bakes’ Take—Become allergic to red. The goal is to make money vs. being right. Thank you Ned Davis.
6:35 Murph—voice memo--Ethereum vs. Bitcoin.
7:12 My bias—chart first, prefer this, above 50 dma consistently, +183%, pure profit, the crypto companies putting on balance sheets, great question for Michael Saylor, small % of overall assets, need two?
8:53 19% of bitcoin market cap, distant #2, smart contracts? Both volume up on down days, watching, Yellen statement
10:29 Bakes’ Take—Given crypto small % of assets, chart, prefer bitcoin
10:45 Murph—voice memo—SOXX
11:34 IShares Phlx Sox Semi/SOXX—only neg is volume pick up on down days, could change, but not buy for me yet, shortage turn to glut, sector’s history, why I go chart first
12:33 NVDA—everyone’s darling, can’t earn enough to keep them happy
13:01 Bakes’ Take—Expectations likely too high for semi’s
13:20 Murph—voice memo—Ishares S&P Global Clean Energy/ICLN
14:10 IShares S&P Global Clean Energy/ICLN--$24.20 support, 23 mil gap up volume, 16 mil down day but close at high, looks ok long term
16:03 Bakes’ Take—Decent entry point for ICLN
16:11 Murph text—DBA vs. TAGS, recession play? No, Inverse to rest of market, yes, fact sheet
17:35 DBA--Broader—cotton, cattle, hogs, etc.
18:09 TAGS—prefer, China rebuild hog herd, more exposure, smaller, less liquid, good for individual investor
19:06
19:41 Bakes’ Take—Recession not risk, inflation is, like TAGS
20:18 TBF—Bonds suck, only question is how negative, it’s not a positive
21:22 Bakes’ Take—Bonds reversing years of appreciation
21:50 Bobby—chart
22:40 You are here, why bonds matter
23:09 Bakes’ Take—Valuations poor, can’t handle rates up much more, watch 200 dma’s
23:40 James VanDeventer
Hey Bakes, i liked the show from the weekend, specifically your comment about Bitcoin showing up on corporate treasury balance sheets, makes me think there’s still a clear supply and demand imbalance - for the time being at least. I’m curious what you think about emerging markets (EEM specifically) making new multiyear highs right now. With a theoretically weaker US dollar does that add fuel to the fire? What do you make of yesterday’s (Monday 2/23) open and reversal? I’ve never seen anything like that, some of those AM prices in growth seemed ridiculous. Good stuff as always! -James
24:20 James, thank you. I will cover on the show as well but for now EEM uptrend appears intact. Not a fresh money buy for me but looks good if you hold it. Reversal if you mean overall market or Nasdaq, thank the 50 dma and Powell. He thinks no inflation above 2% for 3 years. He is looking at different charts than I am. As you know, I in essence shorted 20+ yr Treasuries via TBF. Fed can influence the short end, the long end much less. Please subscribe, share, like and review. Thx. Bakes
26:18 Bakes’ Take—Macro tough to do, no EEM for me
EEM—break down through 50 dma, 66% down volume
27:16 Please share this with your RH or RR friends, send your other stocks/ideas and I will offer strategy for them as well. Please stay tuned.
Bakes’ Takes—My Themes/Groups
27:36 +12.89% ytd, SPX + less than 2%, not bad, NO RED! Cut losses, let winners run!
29:12 YOLO--+83% Cannabis, states need revenues
29:50 URNM +75%—I mentioned I’m bullish on uranium, right? Years to go
30:51 HERO--+27%, how does GME become digital?
31:50 COPX--+26%, low volume pullback, best economist
32:28 BLOK--+16% Blockchain, picks and axes
32:53 Bakes’ Take-Like my etf’s, watching 200 dma’s know market is not cheap
33:13 Bakes’ Take—Podcasts of the Week!
https://podcasts.apple.com/us/podcast/mo-vol-mo-money-mo-problems-with-downtown-josh-brown/id1545205930?i=1000510738308
33:18 At 20 minutes, Guy Adami, economy could be doing great, not stocks, discounting for last year
34:16 Bakes’ Takes—Economy vs. stock market distinction
https://podcasts.apple.com/us/podcast/more-hearings-for-big-tech-gamestop-stock-surge-again/id1073226719?i=1000510750550
33:37 at 49 minutes, GS could face activist, go subscription, buy Public, Prof G investor, more responsible RH, Twitter, buy CNN
36:21 Bakes’ Take—His predictions have been good
Bakes’ Take—Reporters of the Week!
Bakes’ Take—
Bakes’ Take—Charts/Tweets of the Week!
36:27 John Quakes/Mike Alkin
Please also subscribe to my Bakes’ Takes YouTube Channel, the audio is the same but the charts that I reference are on the screen. Follow us on Twitter @BakesTakes_ and other social media. Please, please use your voice memo app, tape your question(s) and email to bakes@bakestakespodcast.com or write if you prefer. I will also keep you anonymous is you’d like.
Thank you for listening, Mike Wilson is my producer.
Have a great week. Bakes
https://www.youtube.com/watch?v=g4eo6LS9lto
39:50 Amhband- Sweet child of mine (Guns N' Roses) (Cover) (Tik Tok)
https://www.youtube.com/watch?v=r6GHPIwkXl0
40:08 Brian Regan - Pop-Tarts Shouldn't Have Directions
Bakes’ Takes Podcast Show Notes Saturday
February 20, 2021
:24 1) From Roaring Kitty to dead cat bounce
2) They’ve mopped up the kerosene, your matches don’t
matter
3) Congress beats dead horses
:46 Why I do this—Bobby, Jack, please listen in.
‘87 crash, journey, technical analysis first, fundamentals second, not right or wrong, just works for me. read WSJ, Barron’s Economist, listen to podcasts, devour relevant newsletters, monitor what Google alerts bring. Point you to them, but if you don’t want to do that, please know that I’ll do it for you and I eat home cooking, I have no conflicts.
2:03 Not investment advice. Please conduct, and share, your own due diligence.
2:18 Bakes’ Take—Fan Mail! Calls! Questions! Mike!
Bobby voice memo question-WSB/Reddit is a flash in the pan, here’s why
3:24 They’ve mopped up the kerosene, your matches don’t matter. SPAC w/ Epic/Fortnite?
5:13 20 years of short profits wiped out, 20 years for next set up imo
6:09 "even a dead cat will bounce if it falls from a great height" $22 launch pad to $483 to $40 qualifies, $35-$43 floor, bounce $65-$77 ceiling IMO?
7:25 Bobby-How to combat FOMO, sit on your hands, always another train coming, 5-10% above base breakout
9:03 TBF—will discuss more later, $16.81 2/12/21, THE breakout, 5-10%
10:09 Bobby voice memo question—Bitcoin only crypto?, “new way to interact with money”, bubble burst/lower prices
12:20 GBTC looked better than ETHE especially at $15 in Oct.
12:58Ethereum--#2, 19% of Bitcoin’s market cap, decentralized finance (DeFi) focus
13:50 Charlie-1) How can it be a currency with this volatility?
Cryptoasset more accurate, 12 years old or so, dollar as contrast, Congress—GME hearings, no Churchills, No Lincolns, unwatchable, government constant growth, debt exploding, dollar depreciating in our hands
16:32 2) Government regulate Bitcoin? Central bank power? How control a blockchain/abstract ledger? It does threaten them, main point
18:14 3) Biden infrastructure—see #1, think largely priced in
18:50 PAVE—best looking right now, on my monitor list, will alert you if I buy
19:32 Great call on URNM—thank you
19:42 Bakes’ Take—Bitcoin is THE leader, TSLA didn’t buy Ethereum for balance sheet, decide % of your assets you are comfortable, keep it small, buy 10% or so on down days, Charlie—even with volatility, how will government regulate?
Fight FOMO—another train
WSB/Reddit—flash in pan might be too harsh, very hard to find next GME, recalibrate expectations
Infrastructure—will watch PAVE and others, think already in prices, sell the news?
Like shorter videos—working hard to present something worthwhile daily
Bakes’ Take—What’s your take?
Please share this with your RH or RR friends, send your other stocks/ideas and I will offer strategy for them as well. Please stay tuned.
Bakes’ Takes—My Themes/Groups
22:25 My tweet Friday--That is a breakout folks, (ProShares Short 20+ Yr TRS/TBF). Interest rates are going up, bond prices are going down. Full disclosure: I have a position. #BakesTakes_
https://www.gemini.com/cryptopedia/what-is-bitcoin-and-how-does-it-work
Bakes’ Take—Podcasts of the Week!
https://podcasts.apple.com/us/podcast/on-the-tape/id1545205930
25:28 On the Tape Podcast—Danny Moses, Guy Adami, Dan Nathan Hosts, Joe Saluzzi and Sal Arnuck Guests
Whole show is great, but last 20 minutes Joe and Sal suggest payment for order flow be eliminated, horrible for RobinHood, Bernie Madoff proposed initially?
https://podcasts.apple.com/us/podcast/the-algebra-of-wealth/id1498802610?i=1000509654182
27:15 Scott Galloway—3 mins. AAPL likely buy PTON, 48 mins. Get to HQ!
29:13 Bakes’ Take—Diversify accounts away from RH
29:23 Bakes’ Take—Reporters of the Week!
Dr. Makary is a professor at the Johns Hopkins School of Medicine and Bloomberg School of Public Health, chief medical adviser to Sesame Care, and author of “The Price We Pay.”
If medication slashed cases 77%-“Miracle pill”. 55% of Americans have natural immunity. 15% have had vaccine. Gottlieb-25 0 million doses, 150 million Americans end of March. Population fatality .15%. Lady Gaga-shut up.
31:28 Bakes’ Take—Our lives and country are good and getting better, great. For stocks, Biden stimulation with our herd immunity pent-up demand, paradoxically negative.
Bakes’ Take—Charts/Tweets of the Week!
Bakes’ Takes--Newsletters of the Week
32:16 Please also subscribe to my Bakes’ Takes YouTube Channel, the audio is the same but the charts that I reference are on the screen. Follow us on Twitter @BakesTakes_ and other social media. Please, please use your voice memo app, tape your question(s) and email to bakes@bakestakespodcast.com or write if you prefer. I will also keep you anonymous is you’d like.
Thank you for listening, Mike Wilson is my producer.
Have a great week. Bakes
https://www.youtube.com/watch?v=b323QGBSW3U
32:53 Brad Paisley—No I in Beer
33:03 Much needed levity—The Best of Ralphie May on ESPN’s Mohr Sports
https://www.youtube.com/watch?v=K325TfH0RQ0
New episode
Bakes’ Takes Podcast Show Notes Saturday
February 13, 2021
:26 1) YOLO (the ETF)-bullish cannabis, pre-Reddit!
2) Bitcoin goes corporate!
3) EV’s need copper!
:42 Why I do this—Bobby, Jack, please listen in.
‘87 crash, journey, technical analysis first, fundamentals second, not right or wrong, just works for me. read WSJ, Barron’s Economist, listen to podcasts, devour relevant newsletters, monitor what Google alerts bring. Point you to them, but if you don’t want to do that, please know that I’ll do it for you and I eat home cooking, I have no conflicts.
1:47 Not investment advice. Please conduct, and share, your own due diligence.
2:04 Bakes’ Take—Fan Mail! Calls! Questions! Mike!
Mike—SFL
3:23 SFL—if see 8.14+, 2.5 mils shs trade, going north, $12-14 target on weekly, $30 ’08 high
4:20 Bakes’ Take—ESG or not, need oil/gas for a long time, SFL promising
5:32 BlockFi, Gemini—bitcoin rewards cards, on waiting list, do you have one? Pros? Cons?
Bakes’ Take—What’s your take?
6:12 Please share this with your RH or RR friends, send your other stocks/ideas and I will offer strategy for them as well. Please stay tuned.
6:28 Bakes’ Takes—My Themes/Groups
By Daniel Kreps, VA marijuana legalization passed, like GameStop, thought Rolling Stone was out of business. Decriminalized 7/20. First southern state to legalize when passed. 70% approval. 16th state.
8:02 YOLO—non-Reddit YOLO, short interest isn’t same, but macro trend is better
8:48 By Reynaldo, Crypto News Flash, almost 7,000 companies picked up Michael Saylor’s MicroStrategy bitcoin playbook.
10:20 Daniel Okorafor, Crypto Potato, Bill Miller to allocate $300 million to GBTC
11:09 Bakes’ Take-Bitcoin adoption accelerating
11:22 Chamath, TSLA/EV’s need a great deal of copper, and other metals
12:49 Global X Copper Miners/COPX—solid uptrend
Bakes’ Take—Bullish factors pile up regarding copper.
13:43 Bakes’ Take—Podcasts of the Week!
https://www.barrons.com/podcasts/streetwise
Jack Hough, Streetwise, Dan Ahrens, YOLO PM, like buying alcohol stocks at end of Prohibition, outperformed every industry ex-tobacco
15:12 Bakes’ Take—Cannabis spike extreme this week, but Prohibition over
https://podcasts.apple.com/us/podcast/e22-reflecting-on-robinhood-situation-bestie-guestie/id1502871393?i=1000508838962
15:42 Bakes’ Take--RobinHood didn’t screw you, they need you to trade
18:08 Bakes’ Takes--Newsletters of the Week
Bear Traps Report, Larry McDonald
19:34 URNM!
https://www.wsj.com/articles/mini-nuclear-reactors-offer-promise-of-cheaper-clean-power-11613055608?mod=hp_lista_pos5
20:03 WSJ, Daniel Michaels, Mini Nuclear Reactors
21:05 Bakes’ Takes—SMR’s early, but part of solution, good for uranium, and environment
Please also subscribe to my Bakes’ Takes YouTube Channel, the audio is the same but the charts that I reference are on the screen. Follow us on Twitter @BakesTakes_ and other social media. Please, please use your voice memo app, tape your question(s) and email to bakes@bakestakespodcast.com or write if you prefer. I will also keep you anonymous is you’d like.
Thank you for listening, Mike Wilson is my producer.
Have a great week. Bakes
Much needed levity—
https://www.youtube.com/watch?v=VY14zcUM9SI
21: 49 Chris Farley, Adam Sandler—Lunch Lady
Bakes’ Takes Podcast Show Notes Wednesday
February 10, 2021
:22 1) Won’t Get Fooled Again, no more GME’s
2) Yes, more bitcoin
3) Yes, more uranium
:33 Why I do this—Bobby, Jack, please listen in.
‘87 crash, journey, technical analysis first, fundamentals second, not right or wrong, just works for me. read WSJ, Barron’s Economist, listen to podcasts, devour relevant newsletters, monitor what Google alerts bring. Point you to them, but if you don’t want to do that, please know that I’ll do it for you and I eat home cooking, I have no conflicts.
1:45 Not investment advice. Please conduct, and share, your own due diligence.
Bakes’ Take—Fan Mail! Calls! Questions! Mike!
2:03 Mike--GME
2:33 $60 or so support
3:00 $483, $413—Resistance vs. $325 close
3:20 $250, $150, $60 support, $15 200 dma
3:30 Bakes’ Take—last week, Not going to bury the lead—sell your original investment, let rest of winner run, watch trades/closes below and above these levels, this week $325 to $50 pretty good call
4:24 $250, $212, $150, $60 resistance now, watch these levels, is stalls at $60 likely, SELL, could fill gap 150-212 but doubt it
5:06 Fundamentals, Valuations don’t matter for now
5:15 AMC, BB very similar. Please share this with your RH or RR friends, send your other stocks/ideas and I will offer strategy for them as well. Please stay tuned.
5:40 Bakes’ Take—No more GME’s, won’t catch a Melvin for a while, weekend in Greenwich
6:47 SIL—not buying it, literally and figuratively, discount wallstreetbets bullshit heavily!
8:44 $20.26 weekly high resistance
9:08 $7.71 support
9:43 $20 to $5.50, close to 80%, pretty good call
10:01 Michael Burry, AMC not another GME
10:45 Bakes’ Take—last week, Sell original investment, let ride if break above $20.26, close more important than intraday, below $7.71 likely back down to $5, this week we’re here, pretty good call
11:12 $28.77 resistance on monthly chart, doubt it gets there, $14.10 prior highs too
11:25 $9.69 support, prior high daily, close below a problem, parabolas usually correct 80%+
11:41 Bakes’ Take—Sell original investment, let ride if break above $28.77, close more important than intraday, below $9.69 likely back down to $6.51 or lower
12:06 $28 to $13.43, roughly cut in half, above support, still pretty good call
12:23 If you have RH or RR friends, please share this, send your stocks to BT, will give best view of locking in profits!
12:38 Kristin from NH—Bitcoin, yes or no, bought $2k, should I buy more? Yes, but be ready for big down days, said to Jack, first paper dollar
13:39 Volume looks good, $48 lid for now?
14:04 Boston Globe-Tesla buys $1.5 billion in Bitcoin, will accept as payment soon
15:11 URNM!
15:45 Murph-still like uranium?, hell, yes! Inning 2 imo
16:49 Bakes’ Takes—My Themes/Groups
15.3% ytd, blockchain etf new! Already up 21%+, still bullish on bitcoin, cannabis, uranium, esports/gaming, copper, agriculture, 15% dry powder looking for 2 new ideas
17:10 last week--Charlie—thus far I haven’t found Levi’s of bitcoin gold rush. PayPal Square etc. small % of rev’s
Found after last podcast
Amplify Transformational Data/BLOK--Blockchain in Google Alerts too
18:55 Bakes’ Take—Charts/Tweets of the Week!
SPY--NH’s, but up volume poor, all indices
QQQ--NH’s, volume lousy, watch out
IWM--Same
Bakes’ Take—Major indices seem tired despite new highs, watch out
Please also subscribe to my Bakes’ Takes YouTube Channel, the audio is the same but the charts that I reference are on the screen. Follow us on Twitter @BakesTakes_ and other social media. Please, please use your voice memo app, tape your question(s) and email to bakes@bakestakespodcast.com or write if you prefer. I will also keep you anonymous is you’d like.
Thank you for listening, Mike Wilson is my producer.
Have a great week. Bakes
21 :36 https://www.youtube.com/watch?v=wzdNrxd76T4
Van Halen, Won’t Get Fooled Again
22:05 Much needed levity—Eugene Mirman
https://www.youtube.com/watch?v=q6bJiF80-Eg&t=1s
Bakes’ Takes Podcast Show Notes Saturday January 29, 2021 :26 1) I’m not from Reddit, and I’m here to help 2) Listen to the Bells 3) Congrats-SELL (at least some) :46 Why I do this—Bobby, Jack, please listen in. ‘87 crash, journey, technical analysis first, fundamentals second, not right or wrong, just works for me. read WSJ, Barron’s Economist, listen to podcasts, devour relevant newsletters, monitor what Google alerts bring. Not investment advice. Please conduct, and share, your own due diligence. 2:26 Bakes’ Take—Fan Mail! Calls! Questions! Mike! Mike--GME 3:20 $60 or so support 3:47 $483, $413—Resistance vs. $325 close 5:27 $250, $150, $60 support, $15 200 dma 6:18 Bakes’ Take--Not going to bury the lead—sell your original investment, let rest of winner run, watch trades/closes below and above these levels Fundamentals, Valuations don’t matter for now, but here we go 7:25 GME—market cap=$22B Revenues down 30%, losing money Debt $1.16B -Cash 445.9M=$715M/69.75 shs=$10.25 sh Likely irrelevant, could raise money with elevated stock price 9:12 61 mils shs short, 69 mils shs outstanding 9:50 I will do same for AMC, BB later. Please share this with your RH or RR friends, send your other stocks/ideas and I will offer strategy for them as well. Mike helping me with breaking news via Zoom. Please stay tuned. 10:37 What is a short? Sell high, buy low, Melvin borrows at $60 sell, cover/buy at $4, -93%, I guess thought going to zero, they were wrong, wallstreetbets figured it out then applied elsewhere. 12:08 Margin call explained 13:13 Bakes’ Take--Likely reason market down last week, had to sell non-reddit rebellion stocks to raise cash, meet margin calls 13:40 How a short squeeze happens 14:28 AMC $20.26 weekly high resistance 15:30 $7.71 support 16:00 not another GME 17:00 Bakes’ Take—Sell original investment, let ride if break above $20.26, close more important than intraday, below $7.71 likely back down to $5 17:35 BB $28.77 resistance on monthly chart, doubt it gets there, $14.10 prior highs too 18:13 $9.69 support, prior high daily, close below a problem, parabolas usually correct 80%+ 18:45 Bakes’ Take—Sell original investment, let ride if break above $28.77, close more important than intraday, below $9.69 likely back down to $6.51 or lower https://www.youtube.com/watch?v=DYZHtF-tV0k 19:09 Chamath, RR vs. Wall St. establishment, $500k to Barstool Sports fund 20:00 If you have RH or RR friends, please share this, send your stocks to BT, will give best view of locking in profits! 20:23 John—FB 21:11 Who’s incremental buyer?—1.42 short ratio, 79.77% institutional ownership Bakes’ Take—if close below 200 dma, sell Bakes’ Takes—My Themes/Groups 21:32 -1.4% ytd, SIL cut losses, everything else still intact 22:34 My guess is we stop at around the 50-dma and support at $27. 59, if we get there. 23:35 Charlie fan mail! “clear bullish signal” looks like this, 10/2/20 16 mil shs 3x adv, 10/27/20 $15.67 NH > $14.78 24:50 Charlie—thus far I haven’t found Levi’s of bitcoin gold rush. PayPal Square etc. small % of rev’s 25:45 Yellen—dove, stimulus proponent, little impact on us as investors in my view 26:35 Bakes’ Take—Bitcoin/crypto uptrend intact in this era of money printing 26:42 Bakes’ Take—Podcasts of the Week! https://www.youtube.com/watch?v=rWEPSKkkdKQ 27:00 Chamath at 3 minutes, “RH was insolvent”, “cost investors millions”, “Mfer’s should go to jail”, June deepfuckingvalue, Michael Burry—Big Short, many stores FCF+, Chewy founder Ryan Cohen 10% become digital, 140% short, Melvin long puts for 4 years added 11/20 29:25 Bakes’ Take—Don’t have serious money in RH, needed $1b, restricting more stocks 30:15 Bakes’ Take—Reporters of the Week! Gregory Zuckerman—When the bears throw in the towel it’s not a great sign for markets Citron quits shorting Sounds like a bell! 31:30 Others, 5 in bar, CNBC 32:07 Bakes’ Take—Please listen to the bells. Next—Congress, 2ndys, HF response, gravity 33:23 Bakes’ Take—Charts/Tweets of the Week! 33:25 Bakes’ Takes--Newsletters of the Week Ben Carlson—9 uncomfortable facts about the U.S. stock market 35:07 Please also subscribe to my Bakes’ Takes YouTube Channel, the audio is the same but the charts that I reference are on the screen. Follow us on Twitter @BakesTakes_ and other social media. Please, please use your voice memo app, tape your question(s) and email to bakes@bakestakespodcast.com or write if you prefer. I will also keep you anonymous is you’d like. Thank you for listening, Mike Wilson is my producer. Have a great week. Bakes https://www.youtube.com/watch?v=Bg_Q7KYWG1g 35:36 My lovely wife, Suz, sent this to the boys and I. Great moving message. Please enjoy and share. 35:50 Much needed levity—Ron White, I got thrown out of a bar https://www.youtube.com/watch?v=neUaSTSKFZc&t=3s New episode
Bakes’ Takes Podcast Show Notes Saturday
January 23, 2021
:27 1) Bitcoin-$500,000?
2) SPAC mania
3) FB breakup
:47 Why I do this—Bobby, Jack, discuss money and markets with my sons, please listen in.
2:07 Not investment advice. Please conduct, and share, your own due diligence.
Bakes’ Take—Fan Mail! Calls! Questions! Mike!
2:45 Jack—What are SPAC’s?
3:13 Why so popular?
Long Term Outlook?
5:42 Depends on sponsor, their incentives, skin in game
6:18 Chamath/SOFI
https://www.youtube.com/watch?v=I2qsvAgWnI8
6:40 Full disclosure, I have not studied financials, so investigate EBITDA multiples etc. I like Chamath, good reputation, agree with SOFI’s disrupting position
7:11 Nikola/NKLA fiasco, fumes
7:40 Bakes’ Take—study sponsor, their incentives, first, then wait for deal, examine numbers, invest if you like even after pop
8:00 Anonymous—FFEGX 2030, FFIZX 2040
9:29 Bakes’ Take-Great approach, stay the course, tax-deferred, max company match, like int’l exposure, decrease risk as 2030, 2040 approaches, add Bakes’ Takes on top
10:10 John—Facebook/FB
10:35 1/14/21 broke 200 dma 245.64 on 66% above avg volume, not huge but worrying, normally would sell 1/3, lock in big gain, will go through rest of email, then address how to sell stocks
approximately $56B in cash--$19.53/share, $274.50-19.53=254.97/10.48 ‘21=24.3 P/E. agree ok
11b LTD roughly equals FCF, agree ok
25% growth
12:43 Who’s incremental buyer?—1.42 short ratio, 79.77% institutional ownership
https://nymag.com/intelligencer/2020/12/scott-galloway-on-ftc-antitrust-lawsuit-against-facebook.html
13:28 Scott Galloway thinks stock goes up if broken up, WhatsApp would already be making Zoom miserable etc. if not inside FB.
14:46 Bakes’ Take—Valuation ok, advertisers love them, many others hate them, breakup assumed? Sum of parts likely greater, IG, WhatsApp, hold for now, break of 250 on big volume, problem
16:00 How to SELL stocks
$111 close below $117 200 dma, $19 low -82%, $71 still down -36%
John, Tim Ferriss, hope this helps
Bakes’ Takes—My Themes/Groups
18:20 The Grayscale Bitcoin Trust (GBTC ), the vehicle I use, has risen from the buy point of $15 or so in October of last year to $48, up 220%, in three months.
The pull back to this level is a 1/3 retracement, very standard. Taking profits in a new tax year makes a great deal of sense. Yellen noise. Many skeptics call this a bubble. I disagree.
19:35 My guess is we stop at around the 50-dma and support at $27. 59, if we get there.
19:50 Another thing to consider--Michael Saylor, CEO of MicroStrategy, who famously invested half a billion dollars of corporate treasury cash in bitcoin, is teaching a course to his peers February 3-4. I will be astonished
If that doesn’t generate a wave of fresh buying.
https://www.linkedin.com/feed/update/urn:li:activity:6755884801271582720/
20:30 URNM (Uranium)-40%+, 73%+ yoy
COPX-10%+, 65%+ yoy
21:15 Bakes’ Take— Bitcoin, uranium, cannabis, gaming and esports, copper, ag. Inflation will be an issue. Silver?
Bakes’ Take—Podcasts of the Week!
https://www.businesscasual.fm/bitcoin-to-500000-the-winklevoss-twins-think-so/
22:25 Kinsey Grant, Winkelvii--$9T Gold/21M bitcoins=$428 mil, round up, checking out Gemini card, bitcoin rewards, beats airline miles
https://www.businesscasual.fm/should-you-invest-in-bitcoin/
24:25 Pomp, last 3 minutes
https://tim.blog/2021/01/19/the-random-show-bitcoin-pros-and-cons-2021-resolutions-fave-books-lucid-dreaming-couples-therapy/
24:49 Kevin Rose, 29 minutes, Tether, “shit show for a few days” for Bitcoin
26:24 Bakes’ Take—Reporters of the Week!
27:00 Bakes’ Take—Bitcoin down this week on regulation concerns, doubt it lasts, buyers lining up
Bakes’ Take—Charts/Tweets of the Week!
27:09 Jim Bianco, Copper, other industrial commodities going north
Bakes’ Takes--Newsletters of the Week
28:00 Bear Traps Report
John—FB #3, 4.26% of the QQQ’s, bearish RSI divergence
Murph—renewable energy names very stretched, parabolas correct hard
3Please also subscribe to my Bakes’ Takes YouTube Channel, the audio is the same but the charts that I reference are on the screen. Follow us on Twitter @BakesTakes_ and other social media. Please, please use your voice memo app, tape your question(s) and email to bakes@bakestakespodcast.com or write if you prefer. I will also keep you anonymous is you’d like.
Thank you for listening, Mike Wilson is my producer.
Have a great week. Bakes
https://www.youtube.com/watch?v=n_GFN3a0yj0
30:17 Thunderstruck, AC/DC
https://www.youtube.com/watch?v=q0h143iKVEo
The Real Me, The Who
What are favorite workout songs?
30:36 Much needed levity—Gary Gulman, JCC
https://www.youtube.com/watch?v=tAzSZkJ4Y5M
Bakes’ Takes Podcast Show Notes Saturday January 16, 2021 :26 1) Trump 2024? 2) Clean Energy (Wind, Solar) vs. Uranium 3) 30-day lockdown? :42 Why I do this—Bobby, Jack, please listen in. ‘87 crash, journey, technical analysis first, fundamentals second, not right or wrong, just works for me. read WSJ, Barron’s Economist, listen to podcasts, devour relevant newsletters, monitor what Google alerts bring. Point you to them, but if you don’t want to do that, please know that I’ll do it for you and I eat home cooking, I have no conflicts. Not investment advice. Please conduct, and share, your own due diligence. 2:46 https://www.independent.co.uk/news/world/americas/us-election/trump-impeachment-2024-election-run-president-b1613385.html Need 2/3 majority vote in Senate to ban Trump from holding public office. Are the votes there? Bakes’ Takes—My Themes/Groups 5:05 Bakes’ Take— Bitcoin, uranium, cannabis, gaming and esports, copper, ag, silver. 5:36 Bakes’ Take—Fan Mail! Calls! Questions! Mike! Murph’s voice memo—ICLN vs. uranium Sunrun/RUN--Buy point $20, vertical to $84, from June Plug Power/PLUG--Buy point as $4, vertical to $60 also from June 10:51 Technical analysis books!—O’Neil, Pring, Weinstein Bill O’Neil--How to Make Money in Stocks Bill O’Neil—How to Make Money Selling Stocks Short Martin Pring—Technical Analysis Explained, Suz! Stan Weinstein—Secrets for Profiting in Bull and Bear Markets 13:50 Bakes’ Take—ICLN extended, well above buy point, watch base build, still prefer uranium. O’Neil, Pring, Weinstein. 14:52 Bakes’ Take—Podcasts of the Week! https://www.youtube.com/watch?v=GrwEdsT61U0 14: 58 Pomp Podcast—Ric Edelman early on bitcoin. Young wealth managers should be all over crypto. https://www.youtube.com/watch?v=k9dFU7251uk&list=PLRRUgFWOe1xWqzo137tnKVvO7qQsZ1YNM 16:26 Start the year at zero. 17:03 Bakes’ Take—Bitcoin will be key to wealth management. Start year at zero. Bakes’ Take—Reporters of the Week! https://www.youtube.com/watch?v=USWnrdW4Wns CNBC’s Scott Wapner 17:13 Gundlach—CPI will be near 3% May June https://www.youtube.com/watch?v=akX4kemzelA 18:25 Brian Belski—at 3 minutes or so 30 day lockdown? https://anchor.fm/harry-jennings4/episodes/Theres-Still-Some-2020-Stuck-to-My-Shoe-eom5g3 19:48 Jim Iurio—at 3 minutes, he too thinks a 30-day lockdown likely. 20:12 Bakes’ Take—30 day lockdown? I really want them to be wrong. 20: 23 Bakes’ Take—Charts/Tweets of the Week! 21:35 Tim Rotolo--China’s 4th 5 year plan. Reactors up. Carbon neutral 2060. 23:20 Carl Quintanilla—Peak Covid is behind us 23:40 William Delwiche, All-Star Charts--Great visual summary. 25:20 Michael Saylor—Bitcoin for Corporations https://www.microstrategy.com/en/resources/events/world-2021/bitcoin-summit?CID=7014W0000014yhJQAQ 26:38 Bakes’ Take—Bitcoin AND cash on balance sheet. 26:45 Bakes’ Takes--Newsletters of the Week https://themarket.ch/amp/interview/were-at-the-beginning-of-a-commodity-super-cycle-ld.3092 Bakes’ Takes-Commodities up! Please also subscribe to my Bakes’ Takes YouTube Channel, the audio is the same but the charts that I reference are on the screen. Follow us on Twitter @BakesTakes_ and other social media. Please, please use your voice memo app, tape your question(s) and email to bakes@bakestakespodcast.com or write if you prefer. I will also keep you anonymous is you’d like. Thank you for listening, Mike Wilson is my producer. Have a great week. Bakes https://www.youtube.com/watch?v=6IKJa4ok83M Travis Tritt-Great Day to be Alive Much needed levity—https://podcasts.apple.com/us/podcast/cannibal-sex-doll/id1434904509?i=1000505052216 28:00 JRVP
Bakes’ Takes Podcast Show Notes Saturday
January 9, 2021
:50 1) Misfit morons/Trump, little impact—for now. All of them likely back in 2024. Brace yourself.
2) Bitcoin, major impact.
3) You, greatest impact.
1:30 Please send your questions and feedback.
2:00 Why I do this—Bobby, Jack, talk to my sons, please listen in.
2:30 ’87 crash, journey, technical analysis first, fundamentals second, not right or wrong, just works for me.
3:37 Disclaimer—This is not investment advice. Please conduct, and share, your own due diligence.
3:49 Bakes’ Takes—My Themes/Groups
https://www.agweb.com/article/why-15-soybeans-may-be-reality-new-year
4:45 Teucrium Agricultural Fund (TAGS) Breaking multi-year downtrend on increased volume. Bullish.
6:20 Global X Silver Miners (SIL) Silver miners hitting intermediate highs on above average volume. I bought it and like it.
6:55 Bakes’ Take—Long term trends intact for bitcoin, uranium, cannabis, gaming and esports, copper and now, ag—corn, sugar, wheat, soybeans and silver. Unconventional perhaps but is working.
7:53 Bakes’ Take—Fan Mail! Calls! Questions! Mike!
Jack—Bakes’ Takes and Tower Financial Technology.
10:58 Trump’s push to delist 3 (why those 3? Don’t know) Chinese companies?
13:05 Brace yourself, Trump will be back
https://www.businessinsider.com/trump-planning-media-channel-rival-fox-news-axios-2020-11
14:33 Bakes’ Take—Add what works, including quant systems. Trump will be back, sorry, brace yourself.
14:50 Bakes’ Take—Podcasts of the Week!
https://podcasts.apple.com/us/podcast/the-stock-market-is-heartless/id1456467014?i=1000504698674
Bakes’ Takes—Discount the news/headlines, heavily. The market is discounting the future.
17:08 Bakes’ Take—Reporters of the Week!
Bakes’ Take—Corn, sugar, wheat, soybean all going up.
19:14 Bakes’ Take—Charts/Tweets of the Week!
20:46 https://www.youtube.com/watch?v=Y9zu0eHzEno&t=9s
My 9/2/20 Bakes’ Takes Podcast. Three minutes on bond prices going down. Please watch because charts are very helpful and illustrative. In the past when money supply and gold rise like this (frankly, the money supply ascent dwarfs all prior periods), long term interest rates rise 250 bps. It could be different this time but I doubt it. Bitcoin and commodities, agricultural and others, point to the same conclusion.
Bakes’ Take—Parabolas like Tesla and Bitcoin correct a lot and rapidly. Don’t be shocked.
26:09 Bakes’ Takes Newsletters of the Weeks
His predictions…
Airbnb Hits $200/share and Gets Into Short-Term Office Space
27:26 Walmart Goes Deeper into Healthcare via Acquisition
28:12 Bitcoin Surpasses $50,000
Robinhood Is the New Menace
32: 55
Bakes’ Take—States insatiable thirst for revenue will feed cannabis and gambling trends for a long time.
Please also subscribe to my Bakes’ Takes YouTube Channel, the audio is the same but the charts that I reference are on the screen. Follow us on Twitter @BakesTakes_ and other social media. Please, please use your voice memo app, tape your question(s) and email to bakes@bakestakespodcast.com or write if you prefer. I will also keep you anonymous is you’d like.
33:56 Much needed levity—
https://www.youtube.com/watch?v=Vx70xoAL_yc
Little boy caught on camera climbing out of bed to sleep with his dog
https://www.youtube.com/watch?v=G9UzSBGTOZk
John Pinette - I'm Starving - The Gym
Bakes’ Takes Podcast Show Notes Sunday
January 1, 2021
:32 1) Bitcoin, I’m no schoolboy but I know what I like.
2) Uranium, start me up
3) Cannabis, it’s all over now.
: 48 Bakes’ Takes—My Themes/Groups
: 51 Happy New Year. Please send your questions and feedback. Plan to be more consistent, build website, launch newsletter (free and paid), add guests (please send candidates), post more, etc. Need to monetize, I appreciate your help in advance.
Thank you for a great 2020. Let’s build and add value to our community in 2021.
1:38 Why I do this—Bobby, Jack, please listen in. Mass affluent in their 50’s receives plenty of advice, I don’t see 56-year olds coaching 20’s. Enjoyed successes, suffered failures, learned, now I can teach.
2:17 ’87 crash, journey, technical analysis first, fundamentals second, not right or wrong, just works for me. read WSJ, Barron’s Economist, listen to podcasts, devour relevant newsletters, monitor what Google alerts bring. Point you to them, but if you don’t want to do that, please know that I’ll do it for you and I eat home cooking, I have no conflicts.
4:18 With that, here is where we are and how we did with our methodology.
4:38 Started this 7/1/20. GBTC/Bitcoin +110%, sold half after doubled in a month. North Shore Uranium/URNM + 40%. Cannabis/YOLO +24%. Overall, up 13.7% in 2H. Not bad, 60% invested.
5:47 Brings up another point—institutions need to be fully invested, hug indices to some extent. They have to own some financials, energy, biotech, etc. We can discover themes and exploit them. Focus on making money every year.
6:21 This year, more detailed, specific. Robinhood, Fido—symbols, what I buy/sell. Not investment advice. Please conduct, and share, your own due diligence.
6:52
7:21
8:47
9:15 High volume breakout above $15 suggested sea change, then the news came, PayPal, Tudor Jones, etc.
9:51 Monthly chart even better. Look at NH’s volume accelerating to upside.
https://www.cnbc.com/2020/11/24/bitcoins-on-track-to-74000-trader-says-as-crypto-nears-records.html
10:29 Todd Gordon, founder of TradingAnalysis.com
11:15
12:04 Pomp is all over crypto. I recommend the Pomp Letter and Podcast too. James Altucher too. To those who want to own Bitcoin directly, these two are good sources. Brokers, custodians, fees, etc.
13:00
13:17 Here are my 10 reasons I bought URNM from our 7/25/20 podcast. https://www.youtube.com/watch?v=6FD4J4StWpY&t=10s
I have relayed my buy/sell discipline, keep checking on bull case pillars. Here bullish points keep piling up.
14:22 North Shore Global Uranium Mining ETF/URNM
https://www.urnmetf.com/posts/uranium-prices-inflection-point
Bakes’ Takes highlights…
14:39 Increasing Demand – The Expansion of the Global Nuclear Fleet
440 nuclear reactors operating globally
54 are currently under construction and expected to be operational by 2026, and an additional 110 are on order or planned.
Unlike the last decade when new nuclear plants coming online were balanced by old nuclear plants being retired, by 2040, the global nuclear fleet is projected to expand by 135 reactors.
More reactors will require more uranium to produce energy.
15:38 Shrinking Supply – The Market Is Already in a Supply Deficit Position
Uranium mining production is contracting just as demand is expected to increase. There are currently only 62 companies exploring for uranium compared to 420 just before the Fukushima incident.
Currently, mines are producing only 79% of the uranium required by utilities.
16:08 Wildcard – US Strategic Uranium Reserve
Nuclear power plants generate 20% of US electricity, but comparatively little comes from US mines.
If a US uranium reserve was established, this could further widen the supply deficit.
Why Prices May Rise
16:31 US and European utilities have largely run down their inventories, removing one source to fill that supply deficit. In order to entice mining companies to produce more uranium, prices need to rise to the $50-$60 cost of production.
16:51 Prettiest chart out there.
17:10 Fukushima ’11. We are just getting started.
17:44 Mexico legalize cannabis vote?
18:12 Legal marijuana in RI?
19:20 New—copper, China, EV’s, doing more work
19:55 Other thoughts—Why I invest in ETF’s vs. individual stocks (by and large). Past—interview CEO/CFO, extensive questionnaire, high and low analyst on Street, read 10-Q’s, K’s etc. Diversify. If you want, pick one of the Top 10 inside the ETF’s, as always, do and share your own diligence.
21:26 Bakes’ Take—Long term trends intact for bitcoin, uranium, cannabis, gaming and esports, and now, copper.
Bakes’ Take—Fan Mail! Calls! Questions! Mike!
21:38 Charlie S. NYC—Other crypto? Don’t know yet. Ethereum? Pomp and Altucher sources.
Bakes’ Take—Exploring crypto outside of bitcoin.
Bakes’ Take—Podcasts of the Week!
22:20 Business casual 3 billion to play games by 2023.
23:15 Compound Show with Josh Brown--At 3 minutes or so--The dust never settles, just keep going. At 40 minutes—diversify away from your job. Don’t need another data center stock. Income tied to stocks market, own bit more cash, bitcoin, etc.
24:32 EV’s drive demand for metals—aluminum, scandium, silver, vanadium, copper, nickel, cobalt.
26:03 Guy Raz interviews Tim Ferris, for both sons, record what works and doesn’t each sales call. I wish I had done this more fervently.
https://tim.blog/2020/12/22/guy-raz-interviews-tim-ferriss-how-i-built-this/
27:00 Prof G podcast interviews Michael Saylor, CEO MicroStrategy, at 14:47, best rationale and explanation of Bitcoin’s benefits I’ve heard
https://open.spotify.com/episode/1VwUjvMNeoOeyiQwP3im6G
27:47 at 9 minutes or so, Bear Traps, Zero Hedge, bullish cases for uranium, institutional interest growing
https://anchor.fm/mining-stock-daily/episodes/All-Things-Uranium-The-Makings-of-a-Bull-Market-enlb95
28:31 Bakes’ Take—I like commodities, more than most growth managers. Energy, titanium in the ‘90’s. Fascinated by the electrification of autos and other machines. Bitcoin vs. pictures of dead presidents, Dalton, MA.
Bakes’ Take—Reporters of the Week!
29:45 Adam Jonas at Morgan Stanley upgraded the stock to Overweight from Equal Weight on Nov. 18, predicting 22% upside, to $540. The stock delivered that in just four days.
More interesting still is that Tesla’s core car business accounts for only 43% of Jonas’s bull-case target. He expects that Tesla will eventually make more profit per vehicle selling network services and insurance than from selling the vehicles themselves. Tesla buyers today can pay thousands extra for full self-driving capability, or to unlock faster acceleration, or to upgrade infotainment systems on older vehicles. There’s talk of a subscription plan for battery charging. And so on.
31:07 The Economist—Mexico/cannabis. The deadline has been extended twice, first because lawmakers could not agree, then because of covid-19. The new one is December 15th.
Americans in 11 states buy cannabis legally for recreational use and will soon be able to do so in four more. They have less need to import illegal Mexican weed.
President-elect Joe Biden supports decriminalization (though not legalization).
More than a third of Americans now live in states with full legalization, and a record 68 percent support federal cannabis legalization, according to Gallup. This past Election Day, five states passed medical or recreational legalization referendums — including staunchly conservative states such as Montana and South Dakota — bringing the total number of legal states up to 15.
32:06
Arizona, Montana, New Jersey, and South Dakota. New Jersey’s opening could cause waves across the populous Northeast if it becomes a destination for buyers from the nearby states of New York, Connecticut, and Pennsylvania—leading those states to follow suit, for fear of missing out on tax revenue.
“N.J. could tip the scales of legalization on the East Coast,” wrote Eight Capital’s Graeme Kreindler, in a Wednesday note. With recreational weed legal under the laws of 14 states and the District of Columbia, he thinks nearly half the adult population will have ready access to cannabis. That could put pressure, in turn, on the federal government to at least ease federal financial restrictions on the industry—if not allow the drug under federal law.
32:56 Bakes’ Take—Cannabis is becoming mainstream. States need revenues, period.
33:06 Bakes’ Take—Charts/Tweets of the Week!
1700+ charts, but leveraged, bonds, little interest.
33:30 China, check your biases at the door
34:00 Def Leppard on line 2
34:33 Palladium, EV’s vs. GV’s?
35:10 Please note, watch volume, too thin for most, not us! Like this—sugar, corn, wheat and soybeans in one basket.
35:50 Vaccines—bought the rumor, selling the news. PFE, etc.
36:38 Bakes’ Take—from 1700+ charts. China, interested though I detest Communism. Many commodities rising, inflation next, I hate bonds. Fade vaccine plays. In fact, ready for good Main Street news mean bad Wall Street News. Interest rates go up, stocks go down.
38:16 Bakes’ Takes Newsletters of the Weeks
Starting next week
38:20 Please also subscribe to my Bakes’ Takes YouTube Channel, the audio is the same but the charts that I reference are on the screen. Follow us on Twitter @BakesTakes_ and other social media. Please, please use your voice memo app, tape your question(s) and email to bakes@bakestakespodcast.com or write if you prefer. I will also keep you anonymous is you’d like.
Thank you for listening, Mike Wilson is my producer.
Have a great week. Bakes
39:05 Barstool Fund--https://www.barstoolsports.com/the-barstool-fund. I like Portnoy, heart’s in right place, loved him on Josh Brown’s Compound Show, better than any politician imo.
39:51 Much needed levity—Kevin Hart, Zero F$%#s Given
https://www.youtube.com/watch?v=xUVvcNgkWHM
New episode
Bakes’ Takes Podcast Show Notes Sunday
October 11, 2020
:24 1) Stock market—Trump is still going to win
2) Bonds still suck.
3) Levity still much needed.
Bakes’ Takes—My Portfolio
https://www.pennlive.com/news/2020/10/harrisburg-university-esports-program-recognized-as-one-of-nations-best.html
:41 Every week a new college touts an esports initiative
Bakes’ Take—very strong trend
1:54 Bakes’ Take—Fan Mail! Calls! Questions! Mike!
Charlie, NYC—Biden victory lift stock prices—stimulus. Spending (infrastructure, healthcare), less trade friction. Biden victory more constructive for stock market long-term?
Stocks select Presidents, not the other way around.
Trump-lower taxes, regulation.
Biden-Infrastructure.
Predicting what gets through Congress beyond my pay grade. Not dazzled by any politician I see now.
6:43 Bear Traps Report
https://podcasts.apple.com/us/podcast/too-much-money-nowhere-to-put-it-joe-terranova-u-oregon/id1456467014?i=1000494144750
7:40 at 47 minutes Josh Brown reflects on Eisenhower, troops coming home, highways, etc., Obama, out of financial crisis, Presidents get too much credit, too much blame
Bakes’ Take—Focus on charts, groups. Let the market tell you what is promising. Ignore prognosticators.
Ideas, services you’d like me to add, etc. Please!
10:36 Bakes’ Take—Podcasts of the Week!
https://www.youtube.com/watch?v=ichI8T-QuCE
SPAC talk with Chamath Palihapitiya, David Friedberg, David Sacks & Jason Calacanis | from Episode 7—at 3 minutes, on why Chamath kickstarted SPAC movement
https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkczIuZmVlZGJ1cm5lci5jb20vdHdpc3QtYXVkaW8/episode/aHR0cHM6Ly90aGlzd2Vla2luc3RhcnR1cHMuY29tLz9wPTQxNDM0?hl=en&ved=2ahUKEwjW09T7nbbsAhUlWN
12:18 Jason Calacanis thinks Apple 12 is a joke, F-, no supercycle for upgrades, first time he is not buying out of gate, one man’s opinion but influential Silicon Valley angel investor
13:28 Revenue growth anemic, 9% eps growth this year, 19% next, numbers coming down, 37 P/E, volume picking up on down weeks in this case, not horrendous chart
Bakes’ Takes—SPAC’s proceed with caution. If AAPL rolls over markets going to have tough time, #1 stock in SPX, 7.3%, $2.1T market cap
https://podcasts.google.com/feed/aHR0cHM6Ly9yc3MuYWNhc3QuY29tL3RoZWVjb25vbWlzdGFsbGF1ZGlv/episode/ODg0YzcxMTItYjY2Ny00NTgyLWE2OGMtN2Y3MDYyYTQwM2Mz?hl=en&ved=2ahUKEwipj4Ohq7bsAhXoYN8KHUUeDjsQieUEegQIDRAI&ep=6
15:15 China vs. Taiwan tensions escalating
Bakes’ Take—Reporters of the Week!
https://www.wsj.com/articles/wheat-prices-skyrocket-after-dry-weather-coronavirus-lockdowns-11602249791
By
Kirk Maltais
and
Will Horner
17:01 Wheat prices have hit their highest level in over five years in reaction to scorching weather, concerns over food insecurity brought on by the coronavirus pandemic and the lockdowns put in place to fight it.
The most-active futures contract for wheat trading on the Chicago Board of Trade closed Wednesday at just over $6.07 a bushel, the highest close for wheat since June 2015. Wheat futures have risen over 15% since Aug. 1, attracting investors who think the price surge could continue.
Dry weather this year has hit wheat-growing areas around the world, including the U.S., Ukraine and Russia.
18:08 Bake’s Take—Good example. Chart guides me to pay attention for other data points. My hope is our community grows and we all come up with off-the-beaten-path ideas we can all profit from.
Bakes’ Take—Charts/Tweets of the Week!
19:08 Howard Marks’ latest memo. Great illustration.
21:00 Like I said—Bonds suck! Yields up, bonds down, in “safe” part of portfolio.
23: 53 Incredible!
25:54 Huge, unprecedented.
26:08 Biden/Dems—take 10-12% out of next year’s earnings? Doubt all priced in
27:15 Bear Traps Report
31:21 The Hustle 10/8/20
Please also subscribe to my Bakes’ Takes YouTube Channel, the audio is the same but the charts that I reference are on the screen. Follow us on Twitter @BakesTakes_ and other social media. Please use your voice memo app, tape your question(s) and email to bakes@bakestakespodcast.com or write if you prefer. I will also keep you anonymous is you’d like.
Thank you for listening, Mike Wilson is my producer.
Have a great week. Bakes
https://www.youtube.com/watch?v=5HKSKzk00ZE
32:21 RIP Eddie Van Halen, no Super Bowl?
Much needed levity—https://podcasts.apple.com/us/podcast/when-are-they-going-to-get-to-the-vietnamese-condom-factory/id1434904509?i=1000493852180
33:17 JRVP—I listen as soon as it appears.
https://www.sho.com/the-comedy-store
33:47 Pryor, Carrey, Seinfeld, Williams…Fascinating and funny!
Bakes’ Takes Podcast Show Notes Sunday
October 4, 2020
:27 1) Bonds suck.
2) Agriculture perking up.
3) See #1.
Bakes’ Takes—My Portfolio
:41 HERO/Esports—working, others not, Still think Silver, Uranium, Volatility will rise. Not happy, poor start but only 3 months.
Bakes’ Take—Fan Mail! Calls! Questions! Mike!
2:05 Purpose! Past! Bobby and Jack! ’87, ‘90’s ending in bubble, lost ‘00’s, long only, long/short, successes and failures, please eavesdrop on our conversation
Bakes’ Take—Team effort!
Ideas, services you’d like me to add, etc. Please!
Bakes’ Take—Podcasts of the Week!
https://podcasts.apple.com/us/podcast/all-in-with-chamath-jason-sacks-friedberg/id1502871393
5:53 Industry veterans, degenerate gamblers & besties Chamath Palihapitiya, Jason Calacanis, David Sacks & David Friedberg cover all things economic, tech, political, social & poker.
https://shows.acast.com/the-compound/episodes/ipo-fever-a-record-breaking-year-for-initial-public-offering
8:18 Josh Brown, Kathleen Smith, Renaissance, IPO’s, 8 minutes perspective, 41 minutes, Ant
Bakes’ Takes--
Bakes’ Take—Reporters of the Week!
9:53
James Mackintosh
The gap between everyday experience and the yearly inflation rate of 1.3% in August is massive. The price of the stuff we’re buying is rising much faster, while the stuff we’re no longer buying has been falling, but still counts for the figures.
Bakes’ Take—Inflation, bond yields, expectations low, upside surprises likely
13:04 Bakes’ Take—Charts/Tweets of the Week!
1700+
Please also subscribe to my Bakes’ Takes YouTube Channel, the audio is the same but the charts that I reference are on the screen. Follow us on Twitter @BakesTakes_ and other social media. Please use your voice memo app, tape your question(s) and email to bakes@bakestakespodcast.com or write if you prefer. I will also keep you anonymous is you’d like.
Thank you for listening, Mike Wilson is my producer.
Have a great week. Bakes
Much needed levity—Ralphie May, Cuban Coffee
https://www.youtube.com/watch?v=JoHHzSeGROc
RIP
Bakes’ Takes Podcast Show Notes Sunday
September 27, 2020
:38 1) Trump likely to win, buckle up!
2) Watch out for zombies!
3) COVID-19 vaccines-buy rumor, sell news?
Bakes’ Takes—My/Our Portfolio
2:40 Clean Power, No Thanks to Al Gore
Nuclear energy took a leap toward being cost-effective. Yet the green lobby hasn’t noticed.
By
Andy Kessler
Sept. 20, 2020 4:29 pm ET
One NuScale cluster on 30 acres replaces 11 square miles of solar panels.
NuScale is not alone. Bill Gates has reportedly invested $500 million or more in TerraPower, which started in 2006 and was hoping to build SMRs in China before Trump trade tensions put the kibosh on those plans.
No one likes nuclear bombs and nuclear accidents—the industry needs a marketing makeover. The HBO series “Chernobyl” was haunting but overblown. How about some rebranding? Instead of nuclear, call it carbon-free heavy metals. No? Maybe particle power? Quark spark? Anything but nukes.
Either way, this sets up a great test. Joe Biden has promised to spend $2 trillion on clean energy and “achieve a carbon pollution-free power sector by 2035.” If there is a Biden administration and it doesn’t encourage the rollout of nuclear power, then, like Messrs. McKibben and Gore and other alarmists, that’s proof they’re not really serious about climate change. So what is their agenda?
Write to kessler@wsj.com.
Long term positive for uranium.
Bakes’ Take—Fan Mail! Calls! Questions! Mike!
5:41 John, NJ—ETF’s vs. mutual fund? Mutual fund I like? Not really. I believe stocks move in groups, try to find best.
Bakes’ Take—FD, algos have made it tough to outperform, if you find one that does so consistently, invest. I want our themes (SUE-Silver, Uranium, eSports) to be layered on top of SPY and international index fund base.
Ideas, services you’d like me to add, etc. Please!
9:10 Bakes’ Take—Podcasts of the Week!
https://podcasts.apple.com/us/podcast/algorithmic-commerce/id1498802610?i=1000492345242
Scott Galloway—at 9 minutes or so, ACOM, WMT, why Tik Tok, no click vs. AMZN’s 1-click, include what you like and maybe didn’t know you would, return what you’d like, fascinating perspective imo
https://podcasts.voxmedia.com/show/pivot
w/ Kara Swisher, recommend highly, at 48 minutes ACOM mentioned here too
https://podcasts.apple.com/us/podcast/635-what-is-the-state-of-us-economy-with-jim-mckelvey/id794030859?i=1000491765370
12:02 The James Altucher Show, big fan, almost weekly, Jim McKelvey’s, co-founder Square, Fed vice-chair, Invisibly, clever digital poll taking, my description not his, 3/3 digital primaries within a point! 55 minutes, Trump wins, vs. traditional polls showing Biden lead. Stock market predicts Trump, his to lose with month to go.
https://podcasts.apple.com/us/podcast/637-who-is-going-to-win-election-what-should-you-do/id794030859?i=1000492214695
14:09 Altucher again, 22 minutes w/ Philip Stutts, 34 minutes—no new normal, 44 minutes 10% distrust government 3/20, 53% now, 101 minutes aggregate of public polls—electoral votes Biden 353, Trump 185 in the bank, aggregate of prediction markets Biden 290 Trump 248 need 270, PA “ground zero” right now. If win PA Trump 84% wins Presidency, 93% if Biden wins PA. Trump FL, NC PA if win those, re-elected. Trump African-American 15% vs. 8% ’16. Hispanics in FL Trump, especially Cubans. PA, WI key. Trump door-to-door 10 million doors, 1 mil doors PA, Biden phone. Fascinating debates. 96% turnout dems, 98% republicans, turnout likely record. Vaccine, economy, debates, RBG, last minute scandals ie. Access Hollywood, Woodward book, violence, etc. Trump wins.
https://adamanddrdrewshow.com/
18:50 Participation trophies=no losers, election outcome will not be accepted by half the country, worse than ’16 imo
Bakes’ Take—Losing side won’t accept it, will drag for weeks at least. Volatility has to increase. Doesn’t seem net bullish.
Bakes’ Take—Reporters of the Week!
https://www.barrons.com/articles/how-to-recognize-the-growing-ranks-of-zombie-companies-51601088940
20:02 Alexandra Scaggs
https://www.barrons.com/articles/10-stocks-to-buy-as-the-health-care-revolution-races-ahead-51601080662
21:36 10 Stocks to Buy as the Health-Care Revolution Races Ahead, According to Experts
By
Lauren R. Rublin
Updated September 28, 2020 / Original September 25, 2020
Geoffrey Porges: We have spent a lot of time trying to figure out whether drug companies will make any profit from Covid-19 treatments or vaccines. The investment community has swung from thinking the virus would be a windfall for pharma and biotech companies to more or less discounting the expected value of Covid vaccines and therapeutics. Companies like Gilead Sciences [ticker: GILD], for example, have seen their shares round-trip. I don’t think we have ever had a more challenging forecasting assignment because we don’t know who the buyers of these products will be, what the prices will be, what the competitive landscape will look like, and even whether the products will work.
The medical professionals I talk to are profoundly skeptical about the basis for EUA approval. If you map out the timeline for a more general recommendation, or what I would consider adequate safety characterization, that doesn’t happen until the second quarter of next year.
Bakes’ Take—Buy the rumor, sell the news bigger risk than many believe.
25:00 Bakes’ Take—Charts/Tweets of the Week!
SPAC $’s match stock market highs. Some may be great, but…
26:20
In our view, looking out 5-7 years there is a large disconnect between rosy electric vehicle sales forecasts and the commodity infrastructure needed to fuel this much talked-up run. Next, think about the $3T of capex reductions which came out of the commodity space in recent years and left us with dramatically LESS of a supply threat. This crucial fact dramatically improves the risk/reward in the commodity and resource space looking out over the next 3 years.
The risk-reward setup is very attractive looking out to 2021-2023. ETFs in the metals / materials space include; XME, PICK, DBB, and CPER.
With inflationary pressures on the rise, we must realize the asymmetric pay-off in being long commodities. Relative to equities they are at multi-decade lows. Commodities cycles are historically much longer than the business or credit cycle, in our view, we are at the bottom of a generational super-cycle.
Soybeans--$13.27 to $16+, now consolidating
Please also subscribe to my Bakes’ Takes YouTube Channel, the audio is the same but the charts that I reference are on the screen. Follow us on Twitter @BakesTakes_ and other social media. Please use your voice memo app, tape your question(s) and email to bakes@bakestakespodcast.com or write if you prefer. I will also keep you anonymous is you’d like.
Thank you for listening, Mike Wilson is my producer.
Have a great week. Bakes
30:00 Much needed levity— https://www.youtube.com/watch?v=k4r-2emIpQU
Anthony Jeselnik, Trump roast
https://podcasts.apple.com/us/podcast/the-jeselnik-rosenthal-vanity-project/id1434904509
30:25 Anthony, Gregg Rosenthal, Erica Tamposi, every podcast worthwhile imo
https://www.youtube.com/watch?v=s-FltLJ2hvM
30:57 Christopher Titus, Loser Trophy
New episode
Bakes’ Takes Podcast Show Notes Sunday August 30, 2020
:24 1) SUEB doing ok, yes added Bitcoin
:36 2) Diversify away from your job
:44 3) How to SELL stocks
Bakes’ Takes—My/Our Portfolio
1:06 Two months, Up 1.4 %, URNM +10%+, HERO +5%+, URA +5%+, SIL -2%, GBTC -7%
GBTC—Bitcoin, “digital gold”, Fed new inflation stance, volatile, 19% premium to NAV
Bakes’ Take—Fan Mail! Calls! Questions! Mike!
6:38 Bobby, Jack—diversify away from QTS, UBS! SUEB sure does the job! They are my audience, I invite you to eavesdrop, not investment advice (damn lawyers) but we eat home cooking
8:14 CNBC, others--Price, splits don’t matter
10:04 Sell Discipline II…
Royal Caribbean/RCL
$117 1/31, 116 2/3, 48 3/9=$93 vs $68=-37%
Please use your voice memo app, tape your question(s) and email to bakes@bakestakespodcast.com
13:15 Bakes’ Take—Bonds are going down! 60/40 nuclear winter!
Please send your rationale/reactions
13:29 Bakes Take—Podcasts of the Week!
https://player.fm/series/pivot-111049/pivot-schooled-2-the-new-generation-of-innovators-with-nextdoor-ceo-sarah-friar-and-investor-rana-yared
Kara Swisher, Scott Galloway—fan of both, left of me, most are, both can turn a phrase, i.e. Shakespeare, “weapons of mass entrenchment”, etc.—at 8 minutes or so Scott declares Tik Tok will not be sold, K-12 much more problematic than affluent 19 years old annoying parents at home
Bakes’ Take—Reporters of the Week!
16:23 Bakes’ Takes—Charts/Tweets of the Week!
1700+ but ignore leveraged ETF’s, ultra, 2x, etc.
16:30 Sugar
16:46 Copper
17:19 Palladium
18:20 Natural Gas
19:06 Short Term Volatility
Medium Term Volatility
20:40 Who will win the 2020 U.S. presidential election?
22:46 Bear Traps Report
26:30 Please also subscribe to my Bakes’ Takes YouTube Channel, the audio is the same but the charts that I reference are on the screen. Follow us on Twitter @BakesTakes_ and other social media. Please use your voice memo app, tape your question(s) and email to bakes@bakestakespodcast.com or write if you prefer. I will also keep you anonymous is you’d like.
Thank you for listening, Mike Wilson is my producer.
Have a great week. Bakes
27:00 Much needed levity—Baby Chef https://www.youtube.com/watch?v=veXsCLmghpM
Monty Python—Shoe Box in the Middle of the Road
https://www.youtube.com/watch?v=ue7wM0QC5LE
Bakes’ Takes Podcast Show Notes Sunday August 23, 2020
:26 1) New highs make no sense?
:29 2) Biden is irrelevant!
:33 3) I’m not afraid of COVID-19!
:40 Bakes’ Takes—Fan Mail! Calls! Questions! Mike!
Travis—New Highs makes no sense vs. Unemployment high vs. businesses not open fully
Please use your voice memo app, tape your question(s) and email to bakes@bakestakespodcast.com
Bakes’ Takes—Charts/Tweets of the Week
9:07 The Bear Traps Report lgm@thebeartrapsreport.com
Please also subscribe to my Bakes’ Takes YouTube Channel, the audio is the same but the charts that I reference are on the screen. Follow us on Twitter @BakesTakes_ and other social media. Please use your voice memo app, tape your question(s) and email to bakes@bakestakespodcast.com or write if you prefer. I will also keep you anonymous is you’d like.
Thank you for listening, Mike Wilson is my producer.
Have a great week. Bakes
25:45 Much needed levity—What Are Waiters Even Talking About? - Maria Bamford https://www.youtube.com/watch?v=tiN85rPBy3k
New episode
Bakes’ Takes Podcast Show Notes Sunday August 16, 2020 :28 1) Nuclear Winter for 60/40 Portfolios! Bonds prices are going down! Am I being vague? :37 2) No football? Esports to the rescue? D-1 sport? : 49 3) Thank you Jon, James, Murph, Charlie for your questions! Ladies? Bakes’ Takes—Fan Mail! Calls! Questions! Mike! 1:35 Thank you also Samuel M. from Chicago, Barry P., Daryl C. from PA for subscribing to my YouTube channel! 1:46 Please use your voice memo app, tape your question(s) and email to bakes@bakestakespodcast.com 2:02 Jon C., PA—SPX resistance $338 SPY resistance, $3380 SPX, wedging up, volume receding overall, down day volume greater than up volume, CNBC playing up too much IMO, here’s why... 3:22 I will watch intensely if/how we hit NH’s—volume? Follow-through? Close vs. intraday, I promise to keep you in the loop, market seems tired, I will stick with SUE 4:57 Jon, I don’t worry because I have scars, a plan, and a sell discipline! Hope this helps, pls respond if I need to expand or clarify! 6:25 Charlie S. PA— Thanks for another great episode Bakes, Thanks for another great episode and nice guitar skills. If only your son Jack was as talented as you.... I have a couple of questions: • What are your views on SPACs and their recent popularity/success? • 8:46 Do you think we're at an inflection point with regards to U.S Dollar dominance? Following the 2008 financial crisis- despite it being an American born crisis- the world fled to the safety of the dollar and dollar-denominated assets.Right now we're not seeing that. Do you think we're transitioning from a unipolar monetary system to a bi or even tripolar one? Thanks a lot! I'm a big fan and look forward to the Bakes' Takes website. Have a great weekend. Best, Charlie 7:31 SPAC’s above ’07 high, stock market peak. Bearish indicator. From July 25 show, Barron’s front page. 9:30 Dollar reserve currency? Not fiat. Euro, yuan? Podcast suggested an AMZN crypto, 60% of Americans Prime member? More trusted than FB. 10:56 James V. PA—Bill O’Neill, client since ’94, high PE’s ok, CANSLIM, Wilshire Blvd., mo works until it doesn’t, 13:46 MOATS=high multiples, shorts are kerosene, Mike DiCarlo—AOL, NSCP 14:36 Murph-NY—live below your means, pay yourself first 15:37 Month of expenses 401(k) max match—1/2 SPX, ½ ROW (Davis?), new HR benefits paperwork Pay off debts 3-6 months emergency fund Invest in tax-advantaged accounts—Roths? Invest more Have fun! 18:02 Bakes’ Takes—Bonds are going down! 18:15 MacroVoices-Erik Townsend, Patrick Ceresna, Vincent Deluard/StoneX—13-39 minutes, Gold is a high-yield asset! There Is No Good Scenario for Bonds Long-term treasuries have been a superb counter-cyclical investment in all recent bear markets: the ICE U.S. Treasury 20+ year index rallied by 27% from January to April 20 this year and by 41% between June 2008 and December 2008. However, bonds’ upside is capped by how low yields can drop. … Going forward, it is impossible to imagine a realistic scenario in which the 60/40 portfolio continues to deliver high-single digit returns.. 19:42 https://www.podbean.com/media/share/pb-sameb-e700ba?utm_campaign=w_share_ep&utm_medium=dlink&utm_source=w_share Bakes’ Take—Reporters of the Week! Jon—dovetails to your question… 19:47 https://www.economist.com/business/2020/08/08/americas-stockmarkets-are-flying-high-its-companies-still-arent 21:26 https://www.barrons.com/articles/stock-investors-best-hedges-gold-and-tips-51596822059?mod=past_editions By Randall W. Forsyth But now, bonds have all but run out of basis points to decline. The benchmark 10-year Treasury yield hovers just over 0.5%, while the 30-year offers a bit more than 1%. That has a lot of implications for portfolio managers, says Bob Prince, co-chief investment officer at Bridgewater Associates, the big hedge fund. Not only do bonds yielding 0% provide no return over their lifetime, but their yields have little or no room to fall (assuming, as Prince does, that the U.S. won’t follow much of Europe and Japan into negative interest rates)... 23:28 Bakes’ Takes—Charts/Tweets of the Week 25:45 Much needed levity—Lenny Clarke asks Gronk if he Manscapes, “What are you, half-dolphin?” https://www.youtube.com/watch?v=kvy2OFN5BAc New episode
Bakes’ Takes Podcast Show Notes –Saturday July 25, 2020
:24 1) Bonds are going down!
:38 2) Gold, silver, uranium are going up!
:46 3) Neil Brennan, 3 Mikes! Jordan Harbinger’s Podcast!
1:03 Bakes’ Takes—Fan Mail! Calls! Questions! Mike! John D., PA—love the podcast, phenomenal, turned buddies on to it, interested in URNM—gold? $4000/oz? silver?
Ridiculously good dovetail for number of topics I want to cover
3:22 Bakes’ Takes—Bonds are going down!
4:00 Interest rates up 1%, Bond Prices down 10%
6:30 Bakes’ Take—Reporters of the Week!
https://www.wsj.com/articles/gold-prices-hit-record-high-as-dollar-drops-11595846182?mod=searchresults&page=1&pos=4
Gold Prices Hit Record as Dollar Drops
Weakening dollar adds momentum to gold’s summer surge, propelling metal above 2011 intraday peak
By
Joe Wallace
Updated July 27, 2020 2:05 pm ET
Monday’s record marked a milestone in gold’s bull run, which many traders rank alongside those of 2008-11 and the late 1970s. The gloomy outlook for the world economy, a decline in interest rates, rising tensions between the U.S. and China, and the dollar’s depreciation have fueled the surge as investors have bought assets they perceive to be havens.
7:50 “There are still a lot of things to be worried about, which is why gold is attracting all this attention and all this money,” said David Govett, head of precious metals at commodities brokerage Marex Spectron.
Mr. Govett added that gold could be knocked off course in the event of a correction in the stock market that prompts investors to sell precious metals to meet margin calls.
Charts extended short-term, ground up on ok volume, researching all charts this weekend, new ideas coming , stay tuned.
Bakes’ Takes—Charts/Tweets of the week!
10:18 @quakes99
12:00 That’s a bull point, bear story is another Fukushima, comments? Others?
12:35 Tweet of the week—Prechter, Elliott Wave, read all the books, 5 waves up, 3 waves down, VIX set to triple+?
14:20 Reasons volatility likely will pick up, expectations elevated
Covid-19—Deaths, vaccine timelines
15:41 Election-Trump should walk in given stock market up 50%, Biden big lead now, 3 months of surprises
16:25 Trump Clintons Biden?
Earnings/Economic recovery 2021? Back to 2019
Gold/Silver/Uranium/Inflation
China/South China Sea
Many others
Expectations leaning to positive, negative surprises will cause big swings
19:12 Pennant—wait for breakout or breakdown!
20:08 Growth vs. Value—Irrelevant!
21:04 Bakes’ Take—Podcasts of the Week!
Josh Brown, Ritholtz CEO, 6:00 SPAC skepticism,
22:48 credulity, ipo’s best ytd, Larry McDonald https://www.thebeartrapsreport.com/ TSLA $300 b market cap with 4% + bond yields, in SPX? Lags after!
23:46 Josh—play with house money, $400 to $1500 this year!
https://podcasts.apple.com/us/podcast/yes-its-bubble-draftkings-nikola-bill-ackman-spacs/id1456467014?i=1000485933781
26:17 Please subscribe, review and share my Bakes’ Takes Podcast on Apple, Spotify or your preferred platform. Please also subscribe to my Bakes’ Takes YouTube Channel, the audio is the same but the charts that I reference are on the screen. Follow us on Twitter @BakesTakes_ and other social media. Please use your voice memo app, tape your question(s) and email to bakes@bakestakespodcast.com or write if you prefer. I will also keep you anonymous is you’d like.
Thank you for listening, Mike Wilson is my producer.
Have a great week. Bakes
26:52 Much needed levity—Neil Brennan, 3 Mikes!
https://www.youtube.com/watch?v=kOM4g4Y300I
Bakes’ Takes Podcast Show Notes –Saturday July 18, 2020
:24 1) Top 10 reasons I invested in Uranium (URNM, URA)!
:32 2) Fan questions/topics!
:38 3) Family Guy!
:50 Bakes’ Takes—Uranium, Charmingly laconic! Please do (and share) your due diligence, reminds me of oil and gas, titanium, potash, etc.
2:00
- Charts!
2:16 URNM-Daily, Volume 10x+ above normal! NH’s!
URNM—Monthly, Volume! NH’s!
3:15 URA— Daily, Volume 4x+ above normal! NH’s!
3:41 URA—Monthly, $140 to $11
4:11
- Fukushima 3/11, Japan reactors 48 down to 6, demand for 25 mil pounds of U gone, 9 years later supply demand in balance?
4:50
- Bear story—inventory last years, seems unlikely, should be depleted by 2021
5:26
- Part of green solution, vs. problem
5:47
- 2 shut in mines-Cigar Lake, McArthur River, and others brought supply down 23% since 2016
6:07
- Showing up in price $140 down to $24 up to $34
6:43
- 6-8 years to develop new large mine-NexGen? 2 years to convert and enrich into fuel, long trend
7:28
- Need $70 to incentivize future production, long term contracts
8:03
- Nuclear reactors up (highest in 25 years), demand up 1.5%/yr.
8:39
- I mentioned the charts, right?
8:46 Bakes’ Take on Uranium (thus far)—Battleship has turned, always looking for your data points, insights
9:26
Please send top 3 bull points, 3 bear arguments!
9:41
New theme-3 bull, 3 bear next week!—Mine? Yours?
9:58 Bakes’ Take—Podcasts of the Week!
https://open.spotify.com/episode/53JJCSXFgyd6obKGl4FBHt
Daren Heitman, Chris Gillespie—Their bullish inventory thesis—covered some in my Top 10, consume 200 mil pounds a year, takes 2 years to convert and enrich?, Inventory=1.4b pounds, so 5 years of safety stock, 3/11 Fukushima 25 mil pounds 7 years=175 mil pounds, Cameco, Kazatomprom—COVID 45 mil extra pounds now used up, need 25 mil pounds starting next year, next 12 months, out of mobile inventory, peak $140, Cigar Lake, McCarthur not coming back on line until U is $40-50’s
13:41 Bakes’ Takes—Fan Mail! Calls! Questions! Mike
Murph, NY-- what makes you choose 1 ETF over another if they track the same thing (SPY vs VOO vs IVV)? expense ratio main factor? .095% .03% .04% Or do you focus more on the liquidity? 95 mil, 4 mil, 5 mil Thank you again for your advice and help.
Matters little, Nike—just do it
16:04 Charlie, PA-- Thanks for the reading list and the shout out! As always I appreciated this week's podcast/video and am looking forward to next week's. With regards to website suggestion; one thing I find most financial news outlets fail to prioritize and explain well is the key economic data that gets released on a quarterly, monthly, or even weekly basis (machine tool orders, unemployment claims, ADP payroll data, etc).
implications were for financial markets and even various sectors, it would be extremely valuable! Despite being such significant catalysts, I feel as if these metrics do not get enough media coverage.
17:39 Bakes’ Takes-for bonds/FI maybe, for stocks I have never seen anyone profit from economic data to stock selection
18:47 Bobby, VA—How build diversified portfolio?
Bakes’ Take—dovetails w/ Murph’s question, SPY and ROW portfolio (Davis?), 401(k) max or retirement plan, tax free until withdraw
My insights after that done—ie. URNM, etc.
Ladies-the boys are hogging the mike please chime in!
21:37 Jack—COVID trials, rules different for them but…
Phase I
Phase II
Phase III
25:15 Bakes’ Take-Chart Mania! Tweets of the Week!
Tweet-Tavi Costa, SLVP extended, alert for pullback
25:50 Bakes’ Take—Reporters of the Week!
https://www.economist.com/middle-east-and-africa/2020/07/18/the-end-of-the-arab-worlds-oil-age-is-nigh
Jul 18th 2020
BEIRut
Their budgets don’t add up anymore. Algeria needs the price of Brent crude, an international benchmark for oil, to rise to $157 dollars a barrel. Oman needs it to hit $87. No Arab oil producer, save tiny Qatar, can balance its books at the current price, around $40 (see chart).
29:25 Please subscribe, review and share my Bakes’ Takes Podcast on Apple, Spotify or your preferred platform. Please also subscribe to my Bakes’ Takes YouTube Channel, the audio is the same but the charts that I reference are on the screen. Follow us on Twitter @BakesTakes_ and other social media. Please use your voice memo app, tape your question(s) and email to bakes@bakestakespodcast.com or write if you prefer. I will also keep you anonymous is you’d like.
Thank you for listening, Mike Wilson is my producer.
Have a great week. Bakes
29:54 Much needed levity—Family Guy, Big Bang Theory!
https://www.youtube.com/watch?v=OmKJ0qwGJDI&list=PLCuG7PpjzYKyQIuLzUukxnJp4XqZ9pFx7
Bakes’ Takes Podcast Show Notes –Saturday July 11, 2020
:33 1) Uranium 2.0! but wait, there’s more!...
:49 2) Chart mania!
:57 3) Forget about bonds! — Bill Miller
1:09 Bakes’ Takes—Fan Mail! Calls! Mike
Bakes’ Takes YouTube Channel Comments
2:13 Ben H6 hours ago
URA is not the best uranium ETF anymore. They have rebalanced in the past two year out of alot of the uranium miners. There are two better pure play ETFs for uranium. North Shore Uranium ETF (URNM) and Horizon uranium ETF (HURA)
3:07 Aaron Moser1 hour ago
I was literally writing the exact same thing when I read your comment
REPLY
3:16 We can buy URNM, institutions can’t!
3:59 More uranium, less gold, copper. Own ex-US stocks for you.
4:55 https://azariascapital.com/media-room/
Daren, Chris, uranium thesis, you decide
6:12 Bakes’ Take on Uranium (thus far)—ESG? Bill Gates Small Modular Reactor/China, NFLX Special, no institutions (yet), no futures
8:07 Please send top 3 bull points, 3 bear points!
New theme-3 bull, 3 bear next week!—Mine? Yours?
8:53 Bakes’ Take-Chart Mania!
COVID-19 Deaths—Arguably most important chart!
10:10 PFE COVID vaccine news couldn’t levitate, reversed, closed at lows, big vol again
11:47 “Hopium”—Guy Adami CNBC, lot of resistance $36
12:48 Inside out day, big down volume
14:06 Volatility picking up, volume too, follow through?
14:54 Bakes’ Take—Podcasts of the Week!
https://podcasts.apple.com/us/podcast/bill-miller-on-the-classical-value-portfolio-podcast/id730188152?i=1000484057025
Barry Ritholtz interviews Bill Miller! 5:00 bear/bull symmetry, 15 forget about bonds!, 30 mkt predicts economy, 47 fcf yield, roic, 51 what Fed is doing vs. what I think it should do, 55 NH’s eoy, 108 Reminiscences of a Stock Operator
19:42 Bakes’ Take—Fan questions of the week!
Charlie S., PA—Recommended reading list!
No particular order
https://www.amazon.com/One-Up-Wall-Street-Already/dp/0743200403
19:53 Peter Lynch—One Up on Wall Street
Own what you know, know what you own, Fundamentals
https://www.youtube.com/watch?v=vgqG3ITMv1Q
21:00 Michael Lewis—The Big Short, Extreme psychology
21:46 Bill O’Neil-How to Make Money in Stocks, How to Make Money Selling Stocks Short, Technical Analysis
23:08 Gregory Zuckerman—The Man Who Solved the Market, Jim Simons, Quants
23:50 Soon to launch Bakes’ Takes Podcast Website—What would you like me to write? Breaking News? BTS videos?
24:23 Please subscribe, review and share my Bakes’ Takes Podcast on Apple, Spotify or your preferred platform. Please also subscribe to my Bakes’ Takes YouTube Channel, the audio is the same but the charts that I reference are on the screen. Follow us on Twitter @BakesTakes_ and other social media. Please use your voice memo app, tape your question(s) and email to bakes@bakestakespodcast.com or write if you prefer. I will also keep you anonymous is you’d like.
Thank you for listening, Mike Wilson is my producer.
Have a great week. Bakes
25:03 Much needed levity—John Mulaney, Kid Gorgeous
https://www.youtube.com/watch?v=eWrKf5ik1i4&list=PLEjhYZoCgCRIiQt1yXZEsyTrqUd9zY8uu
Bakes’ Takes Podcast Show Notes –Saturday July 4, 2020 :26 1) Fan mail from Harry in Houston! :31 2) Chart-mania! Catch it! Uranium? :39 3) Last Monty Python reference, maybe. George Harrison mortgaged his house, $5 mil, financed Life of Brian! :57 Bakes’ Takes—Fan Mail! Calls! Mike 1:07 Bakes- really appreciate you taking the time to shed light on the recent write downs, geopolitical affairs, and much more in relation to O&G in your latest podcast. I picked up Bakes’ Takes around a month ago from a post Jack shared on social media. It has been a great way for me to recap current events, broaden my investment horizon. I really appreciate how you not only speak to the content you share, but you also provide visuals. I started as a strict listener, but now find myself watching each episode because I am interested in seeing the charts you display. Thank you! -Harry 2:15 Sean FL, Mark MD, James PA! Bakes’ Take-Chart Mania! 2:47 Positive- >dma’s! Negative-vol light on up days 3:25 Negative-
Bakes’ Takes Podcast Show Notes –Saturday June 27, 2020
:24 1) President Biden?
:29 2) Energy prices wild ride, respond to question from new XOM employee
:41 3) And now for something completely different! Led Zep and Pink Floyd financed Holy Grail! You’re welcome!
Bakes’ Take—Reporters of the Week!
1:27 After Stocks’ Huge Quarter, It’s Time to Hedge the Market
By
Randall W. Forsyth
Updated June 26, 2020 5:00 pm ET / Original June 26, 2020 12:12 pm ET
randall.forsyth@barron’s.com
Through Thursday, the S&P 500 index had recovered 38% from its March 23 lows, Nasdaq Composite up 46% and set record this past week, and the RU2K index of small-cap stocks 43%.
3:00 SPY -4.5% YTD, doubt many bought at the low!
3:20 The Dow Just Had a Very Bad Week. Why It Could Get Worse.
By
Ben Levisohn Ben.Levisohn@barrons.com
June 26, 2020 8:19 pm ET
The Fed, future payouts would depend on bank earnings—and bank earnings will start to look worse as pre-coronavirus quarters drop out and are replaced by Covid-impaired results.
Florida’s seven-day average of cases grew 7.8%, previous day’s 4.1%. Arizona’s 5.4%, from 2.9%. In Texas, the positivity rate hit 11.8%. Texas Gov. Greg Abbott issued an executive order rolling back parts of the state’s reopening, too little, too late. Florida, for its part, is banning alcohol in bars. Huh?
5:00 “We’re at a challenging point,” says Clifton Hill, a PM at Acadian Asset Management. “The market is worried about a second outbreak.”
5:27 Biden’s lead in the polls over Donald Trump has been widening over the past month, now holding a 10-point advantage over the president, RealClearPolitics’ average of about a dozen national polls. Trump’s approval rating has fallen back near the lowest levels of his presidency. Betting markets like PredictIt, which until early June had Trump well ahead, now give an average 21-point lead to Biden.
5:53 “If the election were held today, we believe Vice President Joe Biden would win as part of a Democratic sweep,” Sara Bianchi, head of U.S. public policy and political strategy research at Evercore ISI, told clients earlier in June.
6:15 FDR GOAT. Trump market positive for now. All the Presidents with down markets, one term. vs. Reagan, Clinton, Obama etc. Stock market picks the president.
220 Trump Election, March low, stocks down for his term, he’s toast.
8:55 Andy Laperriere, head of U.S. policy research at Cornerstone Macro, so-called Biden portfolio.
Bakes’ Take—Hillary ’94, Healthcare then, Long infrastructure, short big tech, now likely not going to work.
9:57 If there is a Democratic sweep, Laperriere expects higher volatility driven by concerns over increased taxes and regulation. He recommends using the iPath Series B S&P 500 VIX Short-Term Futures exchange-traded note (VXX), which tracks the Cboe Volatility Index, or VIX.
I still think VIXM, VIXY, VXX going to work by year end.
It’s month, Q end, researching all 1700+ charts now. Will report back next week
Bulls factors in their favor: The Fed is highly supportive; Congress looks ready to add more stimulus; and treatments are slowly starting to lead to better health outcomes. uncertainty about those outcomes is causing volatility to spike, VIX, rising to the mid-30s on Friday, above its long-term average of 19.
11:18 “Right now, volatility in the stock market is heightened, because there is friction between the past, present, and future,” John Petrides, portfolio manager at Tocqueville Asset Management, tells Barron’s. “The future is looking past Covid. The present is dealing with Covid. The past is explaining what Covid has done.”
The volatility is likely to continue.
11:59 India, HK, South China Sea, Taiwan
13:28 No cartoon but NK vs. SK escalating too
https://www.economist.com/leaders/2020/06/18/how-to-end-the-perilous-indo-chinese-border-spat
brutal clash on June 15th. Details remain sketchy. At least 20 Indian soldiers died, many after tumbling into an icy river. India says the Chinese also suffered casualties. China says little (see article). death toll worst in any clash between the two since 1967, first loss of life since 1975.
I wish The Economist attributed the authors, well-turned phrases!
14:26 reckless way to fix problems between two rising nuclear powers that are home to a third of humanity.
the last thing the wider world needs is an escalating slugfest between a dragon and an elephant over a lofty patch of frozen earth.
15:43 https://www.economist.com/finance-and-economics/2020/06/25/is-investors-love-affair-with-commercial-property-ending
Many banks report losses with a lag and with limited detail, but delinquency rates on commercial-mortgage-backed securities (cmbs)—bundles of loans sold on capital markets—provide a barometer. In America this month they exceeded levels seen during the financial crisis (see chart 4). A fifth of debt payments on shopping properties are late; a quarter of those due on “lodgings”—including student housing, vacant since universities closed—have also been skipped.
Again, going through charts for ETF’s to profit from these trends. More next week.
https://www.oaktreecapital.com/docs/default-source/memos/the-anatomy-of-a-rally.pdf
18:12 Howard Marks
Positives: Negatives:
Fed Political, financial restraints
Defaults, bankruptcies
Inflation, reserve status of
Dollar, U.S. credit
downgrade, increase cost
of deficits
Curve flattened mostly Second wave
Health system not swamped Stress/fatalities
Vaccines, treatments, tests Vaccine not as soon
Look through COVID-19
Positive economic news GDP-30% 2q, 10% unemp.
Return to work slow
Never re-open, jobs lost
State and city finances
Retail, travel, ofc. Buildings
2022 earnings>2019
Good and news on these fronts will create wide swings I believe
22:45 Coronavirus Erases Guidance From 40% of S&P 500
Companies that have pulled their outlook have collectively underperformed the broader market; ‘there are still many unknown factors’
https://www.wsj.com/articles/coronavirus-erases-guidance-from-40-of-s-p-500-11593363659?mod=searchresults&page=1&pos=2
by Alison Prang
All lead to increased volatility
23:47 Bakes’ Take—Fan questions of the week!
Text from Harry in Houston!...
Geopolitical—see China, South China Sea, Middle East has been quiet
Covid-demand hit still unfolding—six-month chart coming up
Saudis/Russia game of chicken seems to be over
Regulation-have heard little, President Biden’s platform?
https://www.wsj.com/articles/exxon-mobil-resists-write-downs-as-oil-gas-prices-plummet-11593521685?mod=searchresults&page=1&pos=1
Exxon Mobil Resists Write-Downs as Oil, Gas Prices Plummet
Some accountants have filed an SEC complaint saying the company should write down the value of shale driller XTO Energy. Exxon says it is in compliance with standards.
By
25:34 Christopher M. Matthews
Vs. Shell $22B, BP, Hess, OXY, CHV, too. Ex-accounting analyst Franklin Bennett accuses XOM of fraud, SEC whistleblower. He is security laws atty. , chmn. Prof society of O&G accountants. He says XTO acq. Should be written down by $17B and at least $20B other. Shale co’s wrote down $450B since 2010.
26:55 Oil $10 ‘86--$164 6/08, XOM might have a point, little time spent under $30
27:43 Nat Gas--$18 ’05 peak,
Bakes’ Takes Podcast Show Notes –Saturday June 20, 2020
:20 1) Special Father Day’s Edition! My fabulous Baker Boys, Bobby and Jack are in the house. My inspiration for Bakes’ Takes.
:32 2) Jeremy Siegel on Barry Ritholtz’ Bloomberg Masters in Business Podcast—Bond yield low is in perhaps forever, capital losses coming for bond investors, 75/25 is the new 60/40. I’ll elaborate.
:52 3) How to SELL stocks.
:56 Bobby—JMU, QTS, 401(k), Betterment, why I do this.
Shoulder to shoulder.
1:56 Jack—Bucknell, SMIF (CPB, LULU), UBS
2:38 I try to help my boys, their friends, and now you.
3:20 Segment 1—Bakes’ Takes on Your Questions of the Week! Especially my sons’! Bobby asked me to further explain 50-day and 200-day moving averages. Same CSCO example I used for September presentation. Brief aside, Oct. ’87. Read everything, more how to buy stocks than SELL stocks.
6:03 Peak $80, see high volume price break, then feeble rally. Be on guard.
8:00 How to SELL—breaks 200 dma, sell 1/3, 50 dma slices down through 200 dma, sell 1/3, 200 dma declines sell last 1/3. Out at roughly $60,
Bakes’ Takes Podcast Show Notes –Saturday June 13, 2020
:18 1) If you listen to David Portnoy for Robinhood trades, at least listen to us as well.
2) We own 10% each VIXY, VIXM, volatility likely to increase.
1:00 3) Jeremy Grantham—Top 10% market valuation, bottom 10% economy.
1:20 VIXM—picking up on day market up big, not sure why. Volume impressive, 5x normal.
2:00 Thursday last week, we bought 10% each. Vol picking up.
2:21 10-year trend appears to be reversing. Up volume promising.
3:00 Forming base, $400 to $20, now at $40 or so. Any retracement of this reversed downtrend could be very profitable.
3:57 Please subscribe, share ask questions. We lay out our rationale.
5:16 Don’t use margin. Do use stop losses. Stay away from Hertz, Chesapeake, etc.
https://www.barrons.com/articles/stocks-swoon-as-mr-market-cant-seem-to-make-up-his-mind-51592009542?mod=past_editions
by Randall Forsyth
6:51 But what Mr. Market seems to have gotten wrong was to bid up apparently worthless stocks, on the assumption that what goes down must bounce up. There was the spectacle of Hertz Global Holdings (ticker: HTZ) soaring more than 100% at the beginning of the week, even though the automobile rental company had filed for bankruptcy.
https://www.wsj.com/articles/vanguards-new-robo-service-offers-low-cost-financial-and-retirement-advice-11591873200
7:28 Who’s used Vanguard’s new robo service? Pros? Cons? Robinhood? Schwab? Fidelity? Betterment? Acorn? Wealthfront? TD Ameritrade? E-Trade? Personal Capital? Stash? M1 Finance? Wealthsimple? Bloom? I appreciate the feedback!
9:27 Extreme bullish bets.
10:32 Top 10% stock market valuation, bottom 10% economy.
11:55 Ned Davis-great historical perspective.
12:10 Prior times -17%, -7.5%, -12%, -12%, -8%, -30%.
13:54 If resolves to the downside, SEF (short Financials could work).
14:40 Have to be honest this is bullish, at least was 6/5.
15:07 Have to be honest this is bullish, at least was 6/8.
15:30 60/40 -1.9% YTD, SPX -6.4%, AGG +5.0%
17:07 50/30/10/10 -0.4% YTD, SPX -6.4%, AGG +5.0%, GLD +13.6%, Cash 0%
17:45 Paul Macrae Montgomery—Magazine covers, especially non-business takes bullish stand, time to be contrarian.
18:12 Above euphoria level, 80% probability stocks lower one year later.
Please subscribe, review and share my Bakes’ Takes Podcast on Apple, Spotify or your preferred platform. Please also subscribe to my Bakes’ Takes YouTube Channel, the audio is the same but the charts that I reference are on the screen. Follow us on Twitter @BakesTakes_ and other social media. Please use your voice memo app, tape your question(s) and email to bakes@bakestakespodcast.com or write if you prefer. I will also keep you anonymous is you’d like.
Thank you for listening, Mike Wilson is my producer.
Have a great week. Bakes
20:18 Much needed levity—Chris Porter, Wonka me
https://www.youtube.com/watch?v=VgJKivIqg3U
Bakes’ Takes Podcast Show Notes –Saturday June 6, 2020
:28 1) I am wrong on stocks for now, but did not lose money.
2) I am overweight. Covid-19 beating MARSOC. Neither 1 nor 2 are permanent.
https://www.youtube.com/watch?v=IGgBHRRtz38
My MARSOC video. Epileptic water buffalo.
3) It will be tough to make money in bonds from here.
1:10 60/40 Up 1.1% YTD, SPX -.80%, AGG +4.0%
1:56 50/30/10/10 Up 1.9% YTD, SPX -.80%, AGG +4.0%, GLD +10.9%, Cash 0%
3:26 You vs. Pros. You want to make money most years and compound. Pros focus on outperforming vs. an index. They are likely focusing on looking as good as possible when the show eoq and write investor letter.
I am going to find something to invest in, up 1.9% with less risk while we research before pounce not too bad.
5:35 I’m wrong for now, focused too much on volume. Usually works, didn’t this time. Friday first time up day on above average (25%) volume. Price is what you cash in. I dislike watching economic reports but the jobs report is clearly impactful.
SPY yield 2.3% down to 1.96%.
9:11 10-year Treasury yield surges above 0.9% after better-than-expected jobs report
2.5 million jobs, 70 bps to 90 bps +.
9:48 Widest spread in 10 years. Just starting to narrow.
10:09 Last 50 years bonds almost always yield more than stocks. 38 years bond yields > SPX yield. Parts of last 12 years it flipped. TINA effect bigger than I thought.
11:24 Last 40 years, 54 bps is the low, now 90 bps+. Tough to make money in bonds, rise to 137 bps resistance appears reasonable.
Bakes’ Take—Bonds are ballast for asset allocation, future capital gains will be elusive.
12:19 SPY—Close above 303, volume below average. Mischievous bastard.
13:01 David J. Bucknell—Set for readjustment? Re-examine target? Sell original investment? Let the rest ride. My sell discipline, long way from moving averages.
14:53 24 down revisions! Likely every sell-side analyst. Then beat and raise. Markets love that.
16:15 Stock is expensive, always has been. 74 P/E, 10x sales leaves little room for missteps.
16:20 Net margins 16% great, ROE 38% also great. 19% top line growth, 36% bottom line growth coveted in this market.
17:01 2.5 days short not much, rising shorts show still skepticism. Balance sheet, free cash flow in good shape.
Bakes’ Take—Take the initial investment off the table. Let the rest ride. Follow my sell discipline.
18:19 VIXM—picking up on day market up big, not sure why. Volume impressive, 5x normal.
19:18 I know it’s different this time, but…
19:32 Small caps overvalued, but not yet shorts, there is a difference.
19:54 We’re going to need a bigger chart! Extreme bulls/call buyers.
Please subscribe, review and share my Bakes’ Takes Podcast on Apple, Spotify or your preferred platform. Please also subscribe to my Bakes’ Takes YouTube Channel, the audio is the same but the charts that I reference are on the screen. Follow us on Twitter @BakesTakes_ and other social media. Please use your voice memo app, tape your question(s) and email to bakes@bakestakespodcast.com or write if you prefer. I will also keep you anonymous is you’d like.
Thank you for listening, Mike Wilson is my producer.
Have a great week. Bakes
21:05 Much needed levity—Gary Gulman, College Professor Role Play, reminded after watching Joker
https://www.youtube.com/watch?v=XMOKMS1MURk
Bakes’ Takes Podcast Show Notes –Saturday May 30, 2020
:28 TIK TOK—1) 60/40 has worked!, down only 1.4%, I’ll explain 2) 1700+ charts—Positive Biotech, Gold miners, Silver miners 3) Negative—Emerging markets/China, Real Estate, Small Caps, Financials, Junk Bonds
:54 60/40 is ONLY -1.4% YTD! In a Pandemic! Thank you, Mr. Powell! From my 9/10/19 presentation, Gold up 16.2%.
3:53 SPY—Close above 303, volume below average. Mischievous bastard.
4:55 1700 charts, 11 to focus on, 8 themes. Positive-Biotech, Gold, Silver, Negative—Emerging Markets/China, Real Estate, Small Caps, Financials, Junk Bonds 5:23 Short RE--Daily chart--$19 down to $13, How much retrace?
6:00 Short RE--Monthly chart--$50 down to $13, How much retrace?
https://www.youtube.com/watch?v=FdHDgsOaiBw 6:58 Kevin O’Leary (Shark Tank’s Mr. Wonderful) and Connor O’Brien, O’Shares ETF’s, 3:00 Kevin, 51 private investments looking to cut real estate use by 50%, 9:00 ETF’s WAY more cost and TAX efficient, 21:00 real estate down, banks hold the mortgages, hit next
https://www.youtube.com/watch?v=b5Xjsm_I1_M 8:19 Jason Calacanis, Garry Tan—at 1:14, Jason’s co’s not renewing leases (SF), save $1 mil hire engineers, drop to bottom line
9:14 SEF—shorts financials $30 down to $20 support on daily, $200 down to $20 on monthly
10:28 Short MSCI Emerging Markets (40% China) Monthly chart--$99 down to $18 how much retrace?
https://www.wsj.com/articles/u-s-moves-to-audit-chinese-firms-market-frets-over-what-comes-next-11590485401?mod=searchresults&page=1&pos=1 by Dave Michaels, Akane Otani 10:58 Decade+ Chinese companies raised billions on American stock exchanges while avoiding the accounting-quality checks that other public firms endure. Legislation passed by the Senate—and now introduced in the House—would kick Chinese companies off U.S. stock exchanges unless their audits are inspected by U.S. regulators. 200 companies, $1.4 trillion
Alibaba and e-commerce rival JD.com Inc. not state-owned, others are fully or partially under Chinese government control. China is less likely to allow audit work papers for state-owned firms to ever be shared with overseas regulators.
Outlawed complying with overseas securities regulators without the permission of its own market supervisor and various components of the Chinese government.
12:39 BBH—Top 3 AMGN, GILD, MRNA ($23B!)—no products!
14:09 IBB—Top 3, VRTX, AMGN, GILD Biotech looks promising. How much COVID-19? Expectations? 12 companies working on vaccines, 22 treatments, 13 testing. Price vs. politics? Margins? Acute vs. chronic? Herd immunity? 3 winners each, rest losers?
16:54 GOEX--Gold MINING stocks vs. bullion. Leverage. $15 to $30 100%
17:38 PHYS—bullion vs. miners. $11 to $14 25%
17:52 SIL--Silver miners, like gold +100%
18:16 SLVP—Silver miners, $6-$12 100%, more to come
18:31 Short RU2K, BUY RWM?
19:10 Short Junk Bonds (SJB)—Have to careful! Fed is buying junk and the long ETF’s!
https://www.barrons.com/articles/the-markets-rally-could-linger-for-a-few-weeks-that-doesnt-mean-were-in-the-clear-51590800482?mod=past_editions 20:20 by Randall Forsyth Economic stats old as soon as they are released. My take—you can’t invest in them, better to focus on what are the future implications for my/our community? How do we make money!? I always welcome your inputs and insights!
21:26 Please subscribe, review and share my Bakes’ Takes Podcast on Apple, Spotify or your preferred platform. Please also subscribe to my Bakes’ Takes YouTube Channel, the audio is the same but the charts that I reference are on the screen. Follow us on Twitter @BakesTakes_ and other social media. Please use your voice memo app, tape your question(s) and email to bakes@bakestakespodcast.com or write if you prefer. I will also keep you anonymous is you’d like. Thank you for listening, Mike Wilson is my producer.
Have a great week. Bakes
22:18 Much needed levity—Bill Burr, Paper Tiger, Royal Albert Hall https://www.youtube.com/watch?v=c078AVNTjM4
Bakes’ Takes Podcast Show Notes –Saturday May 23, 2020
Mike, I’m sorry. I was wrong, cost you money, the opposite of why I do this. Didn’t foresee Shops, still think ad revenue going down more than Shops upside, but the market has spoken. Working harder to make up for this.
Watch time frames. Week not important. 321.86—295.48, -8%. Volume still light on up days. Seems tired. If big volume breakout close above 303, August ’19 resistance then suggests new bull market. 3:09
I will explain support and resistance as if you can’t see the SPY charts I am referencing. Climbing stairs/escalator. Then down the elevator. 4 years months up, 1 month down. 5:30
https://www.wsj.com/articles/tencent-levels-up-as-china-hunkers-down-11589379005 by Jacky Wong Relates to potential EUM investment (short MSCI Emerging Markets). China, Taiwan, Korea. BABA, TCHEY, TSM 9:05
https://www.wsj.com/articles/u-s-sends-warships-to-support-malaysia-in-south-china-sea-amid-china-pressure-11589382717 by Niharika Mandhana China claims nearly all of the South China see and objects to oil-and-gas operations that don’t involve Beijing. Lost tribunal claim—Vietnam, Malaysia, Brunei, Taiwan, Philippines. 3 U.S. naval ships. 10:05
https://www.economist.com/finance-and-economics/2020/05/14/america-files-a-new-financial-salvo-at-beijing Tariffs, blame for Covid-19, now Trump Administration rid American exchange of Chinese stocks. 10:50
https://www.economist.com/asia/2020/05/21/china-punishes-australia-for-promoting-an-inquiry-into-covid-19 China’s ambassador to Australia, Cheng Jingye, recently warned Australia it was treading a “dangerous” path by pressing for an independent inquiry into the origins of the coronavirus (one that might reveal China doing more to suppress information about early infections than to quash the outbreak itself). If relations between the two countries soured, Mr. Cheng threatened, Chinese tourists might have “second thoughts” about holidaying Down Under. Families might wonder whether Australia really was the “best place to send their kids” to study. Ordinary Chinese might no longer want to “drink Australian wine, eat Australian beef”. In the event, China this week agreed to an inquiry, in the face of international pressure at the World Health Organisation’s annual assembly (held online). But it did so after slapping tariffs of over 80% on Australian barley on May 18th, having already banned beef from Australia’s four biggest abattoirs on May 12th. 11:35
https://www.barrons.com/articles/chinas-hard-line-on-hong-kong-what-it-means-for-u-s-investors-51590166402?mod=past_editions by Reshma Kapadia 12:07
https://www.barrons.com/articles/just-as-rays-of-hope-were-appearing-china-tensions-flare-51589590940?mod=past_editions by Randall Forsyth At the same time, another big threat emerged, as U.S.-China tensions escalated. The Commerce Department on Friday curtailed Huawei Technologies’ access to semiconductors that use U.S. technology. That led Global Times editor Hu Xijin—widely seen as speaking for Beijing—to tweet that China could retaliate against U.S. companies, such as Qualcomm (ticker: QCOM), Cisco Systems (CSCO), Apple (AAPL), or Boeing (BA).
In addition, the Trump administration ordered the federal employee retirement fund not to invest in an index that includes Chinese companies that, it warned, could be sanctioned for “culpable actions for the Chinese government with respect to the global spread” of the coronavirus.
Indeed, China is viewed with antipathy by Republicans and Democrats alike in this election year, Greg Valliere, chief U.S. strategist for AGF Investments, writes in a client note. “So, during the campaign, there will be a competition to see who can be the most anti-China,” he predicts. An escalating trade war during what might be a depression? Haven’t we seen this movie before? And didn’t we hate its ending? The Smoot-Hawley Act increased tariffs on foreign imports to the U.S. by about 20%. At least 25 countries responded by increasing their own tariffs on American goods. Global trade plummeted, contributing to the ill effects of the Great Depression. Sep 5, 2019 The Fed isn’t buying just Treasury and agency mortgage-backed securities, but also corporate debt through the bond market and exchange-traded funds, including those that deal in speculative-grade debt. This reflects the change in how credit works in the real world. Instead of Fed asset purchases putting more reserves into the banks so they can make loans, monetary policy now works largely via the financial markets. The central bank has gone light years beyond what’s in elementary economics textbooks to combat the economic slide, expanding its balance sheet by $2.6 trillion since early March to $6.9 trillion, including initial purchases of $305 million in corporate bond ETFs. 12:27
Bakes’ Takes Podcast Show Notes – May 13, 2020
The volume is light on the up days. Lot of resistance from here to 300. The economy is not the stock market. Trump predicting pent up demand...
Please subscribe, review and share my Bakes’ Takes Podcast on Apple, Spotify or your preferred platform. Please also subscribe to my Bakes’ Takes YouTube Channel, the audio is the same but the charts that I reference are on the screen
Bakes’ Takes Podcast Show Notes –Saturday April 11, 2020
https:/ /www.macrovoices.com/podcasts-collection/macrovoices-all-stars-podcasts/825-all-stars-100-dr-pippa-malmgren-socio-economic-implications-of-the-coronavirus-crisis
Erik and Patrick do a great, thorough job as always. Dr. Pippa Malmgren discusses at 6 minutes inflation’s eventual return. Supply chain efficiencies and technology advancements deflationary forces now gone and money printing ongoing. She and WSJ point to egg price inflation, 229% in March!
Her views at 25 minutes regarding multi-use properties, residential, urban farms, grocery stores, etc. are fascinating. I recommend them especially to my real estate friends.
https://omny.fm/shows/the-james-altucher-show/571-andrew-huberman
James produces one of my favorite podcasts. Period. Dr. Huberman’s proposed technique at 23 minutes or so is great. Put down your screen, defocus your eyes and take in a panoramic view of the horizon, as far as you can. Meaningful stress reduction. At 1:09, get as much sunlight in your eyes during the day as you can. At 1:14, avoid bright lights, i.e. computer screens, during the night. For better sleep, two inhales through nose, 2 seconds, exhale through mouth, eliminate carbon dioxide, 6 seconds.
https://www.youtube.com/watch?v=jPboWUQNnrM
Brian May teaching garage band guitarists like me how to play “Keep Yourself Alive” is fabulous.
https://www.oaktreecapital.com/insights/howard-marks-memos
we have to consider our situation “in the context of unprecedented uncertainty and the total absence of guidance from analogies to the past.”
But no one can tell you this is the time to buy. Nobody knows. As I put it, “All great investments begin in discomfort.” One thing we know is that there’s great discomfort today. The investor’s goal should be to make a large number of good buys, not just a few perfect ones. To insist on buying only at bottoms and selling only at tops would be paralyzing. Clearly, this process is one of gradual readjustment, not a matter of all-or-nothing. It shouldn’t be the goal to do this only at bottoms and tops. That’s why I so like the headline from Doug Kass that I referred to above: “When the Time Comes to Buy, You Won’t Want To.” It’s not easy to buy when the news is terrible, prices are collapsing and it’s impossible to have an idea where the bottom lies. But doing so should be the investor’s greatest aspiration. . . . markets rarely clear after one massive decline. In 15 bear markets since 1950, only one did not see the initial major low tested within three months . . . In all other cases, the bottom has been tested once or twice. Since news-flow in this crisis will likely worsen before it improves, a repeat seems likely. 9/1/00 - 4/4/01-27% 4/4/01 - 5/21/01+19% 5/21/01 - 9/21/01-26% 9/21/01 - 3/19/02+22% 3/19/02 - 10/9/02-33% 10/9/07 - 3/10/08-18% 3/10/08 - 5/19/08+12% 5/19/08 - 11/20/08-47% 11/20/08 - 1/6/09+25% 1/6/09 - 3/9/09-27% And so it goes for a while. Thus, as Oaktree’s Wayne Dahl points out, it took until mid-May 2007, or almost seven years, for the stock market to regain the September 2000 highs, and it took until mid-March 2013, or five and a half years, to regain the highs of October 2007. The bottom line for me is that I’m not at all troubled saying (a) markets may well be considerably lower sometime in the coming months and (b) we’re buying today when we find good value. I don’t find these statements inconsistent.
https://www.barrons.com/magazine/20200413 Barron’s cover and several articles highlight “the best week since 1974”, perhaps implying a bottom. A week is irrelevant, especially after the S&P 500 fell 34% in 33 days, as Al Root pointed out. https://www.barrons.com/articles/the-s-p-500-had-its-best-week-since-1974-next-up-an-economic-coma-51586560230?mod=past_editions The ’73-’74 bear was 2 years; this is 2 months. Proceed with caution indeed. https://www.economist.com/briefing/2020/04/08/an-unprece
Bakes’ Takes Podcast Tuesday March 31, 2020 Show Notes
As bad as your life is currently, you are not the Tiger King https://www.netflix.com/title/81115994?source=35 or the other people in that Netflix documentary. At minimum you have better teeth than them. Please watch the show. Great perspective.
25+ years, fourth bear, ’87, ’00, ’08, NOW
https://www.youtube.com/watch?v=R2qixsxtHOU&t=654s
https://anchor.fm/bakestakes
Bakes’ Takes---Presentation to Pine Hills Investment Club September 10, 2019
9/10/19 3/31/20
SPY (S&P 500 ETF) 298.13 257 -14%
GLD (Gold ETF) 140.18 148 +6%
Cash Flat
Campbell’s Soup (CPB) 45.89 46.11 Flat
0:00 Wow, I have to lose weight. Pinstripes are not as slimming as I thought. (I’ve lost 10 pounds, another stubborn 20 to go).
2:56 Consult an advisor, build core plan to support your lifestyle, cash, insurance, etc. Then invest in individual stocks.
3:44 This is the oldest bull market ever. Monte Carlo simulations don’t have these circumstances in their databases.
5:20 We have never seen $17 trillion of negative yielding government bonds.
5:48 We have never seen U.S. interest rates cut in half in one year.
6:20 You should have 5-10 reasons to buy a stock.
10:30 Own a little more cash, a little more gold because we have not seen this movie before.
12:20 The best-looking chart in the S&P 500 is Campbell Soup/CPB. Reasons to buy—12% of shares short, new CEO, new CFO, new Head of Soup Division, 3.1% dividend yield. Selling $2.5 billion of divestitures not closed yet, balance sheet and dividend coverage improving. Skeptical Wall Street analysts.
16:22 How to sell. Close below the 200-day moving average—sell 1/3. When 50 dma slices down through 200 dma sell another 1/3. By the time 200 dma turns down, sell the last 1/3. $60 for Cisco/CSCO 2000 example. Declined to $12 a year later.
32:00 The stock market impacts who is elected President not the other way around. (3/31/20 update—President Biden now very likely.)
36:53 You don’t own a recession, jobless claims, employment ETF. You own a piece of a business.
https://www.oaktreecapital.com/docs/default-source/memos/weekly.pdf
p.4 “buy the dip” still in favor, bottom not reached until optimism nowhere to be found p. 5 Gold, Bitcoin, risk-parity, greatest algorithmic fund, all down p.6 The more you want to garner potential gains and don’t mind mark-to-market losses, the more you should invest. And vice versa. https://www.macrovoices.com/813-macrovoices-211-jim-bianco
Jim Bianco on Erik Townsend’s MACROVoices Podcast. At 42 minutes he discusses stocks AND bonds Declining together. Jim and Erik are both great.
https://www.barrons.com/authors/7308
Jack Hough is one of 7 funny investment writers on the planet. I highly recommend his column, podcast and Barron’s Roundtable show on Fox.
https://www.youtube.com/watch?v=F5pgG1M_h_U
Some Good News—John Krasinski.
https://art19.com/shows/the-jeselnik-rosenthal-vanity-project
JRVP---Much needed levity in these times.
Please send email and/or subscribe and review my Bakes’ Takes Podcast and YouTube Channel, follow us on Twitter @BakesTakes_ and other social media.
Thank you.
Bakes
MarketSmith charts, Status quo
https://marketsmith.investors.com/mstool/Tool/ChartPopout?symbol=SPY&userId=292195381259781
Here was my take from 8/5/19 “SPY gapped down, 2.5x normal volume, China said stopped buying ag from America, devalued yuan, reason doesn’t matter. Watch rally, 50-dma is at 292. My guess is volume will be light, close the gap.
Bottom line—3800+ days, market is old, tired, steroids of Fed and tax cuts, buybacks and earnings not working. It’s just time, stocks are going down.”
I think this still stands. This week is always slow, with many traders/investors escaping for Labor Day. The pattern remains, however, down days volume is largely heavier than up days, thus still seems tired.
Barron’s, August 26, 2019, by Lewis Braham
https://www.barrons.com/articles/investing-in-cryptocurrency-is-risky-this-fund-is-just-a-bad-idea-51566600732
https://marketsmith.investors.com/mstool/Tool/ChartPopout?symbol=GBTC&userId=292195381259781
Lewis highlights ETHE and GBTC. I confess I did like the Grayscale Bitcoin Trust/GBTC chart. As he points out the ETF shares have traded at an average 43% premium overall. This makes it off limits in my opinion. Two ways of getting whipsawed indeed.
Comedian Gary Gulman, Bill Gates vs. Donald Trump
https://www.youtube.com/watch?v=A1hP9M0MNdo
Nothing political, just funny, please enjoy!
https://stockcharts.com/h-sc/ui?s=SPY
Monday SPY gapped down 292-->283 -3% +175% volume, Tuesday bounce to 287 +80%, today 10:09 am, testing 281.72 low +300%. First half hour is most emotional trading, last hour much less so. Will watch close with interest but pattern is volume heaviest on down days.
Wall Street Journal, Wednesday, August 7, 2019, by Michael Wursthorn
https://www.wsj.com/articles/global-stocks-fall-sharply-as-u-s-china-spat-over-yuan-escalates-trade-war-11565057744
Chinese yuan news induced bounce, only a bounce thus far
WSJ, 8/7/19, by Nathaniel Taplin
https://www.wsj.com/articles/china-isnt-manipulating-the-yuanits-waiting-out-trump-11565088689
First paragraph, great summation--”China’s leaders appear to have concluded that they won;t secure an acceptable trade deal with President Trump. What they can do is try to weather the next 18 months while inflicting maximum political damage--and hope a weaker U.S. economy delivers a new president.” Bakes’ Take--the election is in 15 months, the stock market will discount any weakness prior to that, the stock market picks the President, again.
Stockcharts.com, Strike 1
https://stockcharts.com/h-sc/ui?s=spy
SPY gapped down, 2.5x normal volume, China said stopped buying ag from America, devalued yuan, reason doesn’t matter. Watch rally, 50-dma is at 292. My guess is volume will be light, close the gap.
Bottom line—3800+ days, market is old, tired, steroids of Fed and tax cuts, buybacks and earnings not working. It’s just time, stocks are going down.
Wall Street Journal, Monday, August 5, 2019, by Dan Weil
https://www.wsj.com/articles/why-arent-investors-worried-ask-howard-marks-11564970406
Howard Marks, Oaktree, billionaire, very bright, I devour every word he writes. Re: inflation “I don’t claim to understand it. Everything you’re taught says that current circumstances would dictate inflation. It isn’t what you don’t know that gets you into trouble. It’s what you know for sure that just isn’t so.”
Bottom line—Deflation is the problem. Fed and other central banks are likely losing the fight. My example—Your house is $100k, borrowed $80k=Equity is $20k. House goes to $150k, Equity is $70k. House goes to $50k, equity is -$50k. Brings down value of next house, neighborhood, etc.
Barron’s, August 5, 2019, by Jack Hough
https://www.barrons.com/articles/total-addressable-market-is-in-profits-are-out-51564775764
UBER--$5.7 TRILLION for rides, $2.8T meal delivery, $3.8T freight, $1600 for each person on Earth. “Don’t think of UBER as a company valued at $71 billion that is expected to burn through $9B over three years. Think of it is a company that so far has reached only 0.1% of its TAM.”
Barron’s, August 5, 2019, by Jack Hough
https://www.barrons.com/articles/investors-need-to-rethink-retail-amid-a-shakeout-in-stores-51564786976
“There are about 1,350 enclosed malls in the US, but only 200 to 400 are needed” Randall Konik, Jefferies analyst
Barron’s, July 29, 2019, by Randall Forsyth
https://www.barrons.com/articles/the-feds-coming-rate-cut-could-be-a-blunder-51564187667
Do the opposite of the Great Depression. Instead of letting banks fail, bail out Wall Street. Instead of trying to balance the budget we ran mega-deficits. Instead of letting money supply shrink, Fed slashed interest rates to zero quintupled the size of its balance sheet.
Deflation is the real enemy. Ask Japan. Strong yen hurt them. Trump will do what he can to drive dollar down.
Barron’s, July 29, 2019, by Jack Hough
https://www.barrons.com/articles/why-some-investors-are-buying-bonds-that-lose-money-51564179385
Greece missed IMF deadline in 2015, now below US 10 year yields. Switzerland’s 50-year yield went negative, it and Denmark all maturities below zero.
Poor predictor of trouble for stocks. Japan and Germany in 2016. Both stock markets up modestly. US hit 1.37%, our market up huge.
Wall Street Journal, June 15-16, 2019 by Jason Zweig
https://www.wsj.com/articles/what-yogi-berra-would-have-said-about-this-bull-market-11560524404
Wall Street Journal, July 23, 2019 by Costas Paris, Benoit Faucon, Rory Jones
https://www.wsj.com/articles/no-niceties-for-seized-oil-tanker-crew-from-iranian-commandos-11563823772
Wall Street Journal, July 23, 2019 by Aresu Eqbali, Sune Engel Rasmussen
https://www.wsj.com/articles/iran-says-it-has-arrested-alleged-u-s-spies-some-face-death-penalty-11563805839
The Economist, July 20th-26th, 2019, wish they would list authors
https://www.economist.com/leaders/2019/07/18/after-years-of-plenty-america-inc-is-struggling-to-crank-out-more-earnings
https://www.economist.com/business/2019/07/20/profits-are-down-in-america-inc
https://www.economist.com/leaders/2019/07/18/a-trade-dispute-between-japan-and-south-korea-has-trumpian-echoes
https://www.economist.com/finance-and-economics/2019/07/18/chinas-growth-is-the-slowest-in-nearly-three-decades-get-used-to-it
https://www.economist.com/graphic-detail/2019/07/20/youngsters-are-avoiding-facebook-but-not-the-firms-other-platforms
Barron’s, July 22, 2019, by Andrew Bary
https://www.barrons.com/articles/why-stocks-are-still-the-best-investment-even-after-a-10-year-run-51563581942?mod=past_editions