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
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
