Bakes' Takes Podcast 3/27/21--1) Growth? Value? Don't care! 2) Shorts record low! 3) ARKK leaking?

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