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.
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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!
https://thisweekinstartups.com/the-next-unicorns-adena-hefets-ceo-of-divvy-homes-forging-a-new-path-to-home-ownership-e1246/
21:56 Divvy, rent to buy, please check out!
https://thisweekinstartups.com/rapid-fire-news-ai-voices-after-death-doj-investigates-lordstown-motors-covid-adaptation-e1248/
23:04 13:00 Lordstown, going to zero?
https://www.youtube.com/watch?v=T_LwOVWcp0U
23:42 Nikola fraud charges
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
