Episodes
Tuesday Feb 16, 2021
Tuesday Feb 16, 2021
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
15:42 Bakes’ Take--RobinHood didn’t screw you, they need you to trade
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18:08 Bakes’ Takes--Newsletters of the Week
Bear Traps Report, Larry McDonald
19:34 URNM!
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
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