Stock Market Authority
Stock Market Authority
Kevin Baker
Bakes' Takes Podcast 3/6/21 1) Bubble? 2) How to SELL stocks! 3) Commodities around 100-year lows
19 minutes Posted Mar 9, 2021 at 11:20 pm.
Not investment advice. Please conduct, and share, your own due diligence.
Bakes’ Take—Fan Mail! Calls! Questions! Mike!
Bubble? I LOVE THIS QUESTION! Here is what you do…
Bobby—chart
Bill O’Neil—How to Make Money Selling Stocks Short
Bakes’ Take—Plan now, sell 1/3 break 200 dma, 1/3 50 dma crosses below 200 dma, 1/3 200 dma turns down
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
Bakes’ Take-Like my etf’s, watching 200 dma’s know market is not cheap
Bakes’ Take—Charts/Tweets/Posts of the Week!
Commodities—around 100-year lows, #uranium # copper #short bonds #agriculture #bitcoin
Ed Yardeni—after current quarter GDP expansion in record-high territory, “the economy is hot and will get hotter with the bonfire of the fiscal and monetary insanities”
Bill Gates/TerraPower—Nuclear is ESG, my words not his, SMR’s a solution, yes, good for #uranium
Jim Bianco—GBTC at a discount, bullish previous first, second times
Jurrien Timmer, Director of Global Macro, Fidelity, watch 2% inflation, above or below, P/E’s decline
Gabriel Iglesias, Cuban Coffee almost killed me
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Show notes
Bakes’ Takes Podcast Show Notes Saturday  
March 6, 2021
 
:23 1) Bubble?
2) How to sell stocks!              
3) Commodities around 100- year lows
 
:38 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.
 
 
 
 
 
Buffet Indicator—stocks to GDP at all time highs
 
You are here, why bonds matter
 
Bakes’ Take—Valuations poor, can’t handle rates up much more, watch 200 dma’s
 
New Bakes’ Take—no bubble, but expensive, know how to sell
 
CSCO—2000, $80 to $12, down 85% in 18 months
 
Royal Caribbean/RCL--$111 down to $86, down 22% in one year, plan ahead
 
 
 
 
 
       
Bakes’ Take—Podcasts of the Week!
 
Bakes’ Take—Reporters of the Week!
 
 
Jim Bianco—commodities up 16%+ first two months, going back to 1973, 2nd best year vs. 2003
 
https://www.cbsnews.com/video/bill-gates-climate-change-60-minutes-2021-02-14/#x
 
 
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 [email protected] 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=hmNOe94Kz3Q