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A weekly investment podcast showing you how to make money in up AND DOWN markets.
Episodes
Thursday Sep 23, 2021
Thursday Sep 23, 2021
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!
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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
Tuesday Sep 14, 2021
Wednesday Sep 08, 2021
Wednesday Sep 08, 2021
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!
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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
Friday Sep 03, 2021
Friday Sep 03, 2021
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.
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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. |
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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
Wednesday Aug 25, 2021
Wednesday Aug 25, 2021
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?
Wednesday Aug 25, 2021
Wednesday Aug 25, 2021
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!
21:56 Divvy, rent to buy, please check out!
23:04 13:00 Lordstown, going to zero?
https://www.youtube.com/watch?v=T_LwOVWcp0U
23:42 Nikola fraud charges
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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
Tuesday Aug 03, 2021
Tuesday Aug 03, 2021
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!
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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
Monday Jul 19, 2021
Tuesday Jul 13, 2021
Tuesday Jul 13, 2021
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!
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
28:35 15 mins Dan Nathan China took over HK, little press coverage, 27 mins Danny Moses Sha’Carri Richardson’s positive marijuana test
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
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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
Thursday Jul 08, 2021