Bakes’ Takes Podcast Show Notes Saturday
April 24, 2021
:25 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.
Bakes’ Takes Podcast Show Notes Saturday
April 24, 2021
:25 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.
2:14 Not investment advice. Please conduct, and share, your own due diligence.
Bakes’ Take—Fan Mail! Calls! Questions! Mike!
2:31 #GME
3:56 Bakes’ Take – #GME breakout seems unlikely but still watch this week, AMC down volume bit less positive than GME
5:43 Charlie, TX
Thanks a lot for another great episode - love the episodes lately (longer form ones as well as the abbreviated tid bits). I have a couple questions/suggestions below. Any and all help would be appreciated.
- If I'm a young guy trying to gain exposure to the booming gaming industry (gambling/betting not video games) what do you think is the best way to gain exposure here? I think you've mentioned some ETFs and single stocks, but what do you think about Penn vs Draft Kings? Is it safer to just play in the space through the ETFs?
6:23 Roundhill Sports Betting—BETZ, down volume, had helluva run
7:23 VanEck Vector Gaming/BJK—very similar
8:01 PENN-$4-$142-$89/$2.28 ’22 39x, growing 40%
9:16 ETF’s vs. individual stocks, interviews sheet, suppliers, customers, competitors
11:08 Individual investor advantage
12:41 DKNG—Losing money, both lot of good news priced in
Like cannabis, states need revenues, legalizing
13:41
- What are your thoughts on Doge Coin? Is there room to make legit money there?
14:24 James McKintosh
14:49 Dogecoin—parabolas correct 80%+, below a dime in 6 months likely
It’s a joke…literally, maybe, greater fool?
- If you were to create a basket for tickers that'll benefit from the explosion of partying, concerts, etc that will likely come onto the scene this summer, what would these be?
16:00 Invesco Leisure and Entertainment/PEJ—looks like gambling stocks, market has largely discounted
16:55 What are your thoughts on eToro?
https://www.etoro.com/en-us/about/
Don’t know, but interested, please send your feedback
Thanks a ton as always.
Best,
Charlie
17:30-20:00 YouTube-ACE CLOP—No offense, not establishment, not a reporter, takes=opinions, establishment/market doesn’t care, #GME shorts way down
20:20 YOLO
20:54 MJ
21:43
22:19 Bakes’ Take—Fun week for #GME, XRT my way to play, AMC ok, gambling ETF’s look extended/tired, live entertainment too, no joke no dogecoin, prefer YOLO, Bob and others please share with your kids
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.
23:05 Bakes’ Takes—My Themes/Groups
Bakes’ Take-Stay the course!
23:40 Bakes’ Take—Podcasts of the Week!
ALL-IN
Bakes’ Take—
Bakes’ Take—Reporters of the Week!
25:10
https://www.cnbc.com/2021/04/17/mark-cuban-advice-i-got-from-a-mentor-at-22-years-old-that-i-use.html
25:55 Andrew Duehren, They will meet in the middle, as always, cap gains will go the same way
27:26 Bakes’ Take—Listen! Tax plan negative impact on stocks, crypto likely reverses this week
Bakes’ Take—Charts/Tweets/Posts of the Week!
27:41 Fido’s Jurrien Timmer, looks like 3/09-4/10, QE1 ended, Fed stopping bond buying?
Please see dogecoin
29:10 Bakes’ Take—14 mos. up, time for breather, like Josh Brown
29:25 Bakes’ Take— Newsletters of the Week
Bakes’ Take—Sell in May, go away, at least adjust expectations, dovetails with 2010 analog
30:38 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/user/jimgaffigancomic
31:09 Jim Gaffigan—Bars are Adult Playgrounds
