Why I focus on $212 for GameStop #GME breakout!

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