HODL loved ones, not #AMC, #GME! Gold stinks, doesn't care about textbooks! Much more!

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