Stock Market Authority
Stock Market Authority
Kevin Baker
Bakes' Takes Podcast 4/10/21 1) Cut your losses! 2) Hold your winners! 3) See #1!
35 minutes Posted Apr 13, 2021 at 6:11 pm.
‘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.
Not investment advice. Please conduct, and share, your own due diligence.
Jack—FIVG? Did not have in system, now do
Hey Mr. Bakes attached is a voice recording for a question I had for you about selling discipline. One thing I wanted to add to this question is about your -15% general rule of thumb. Is it when your investment is down 15% at any point or do you have this discipline for a set amount of time? For example, if your investment is down 15% over 1 month vs 3 months vs a year and if that comes into factor when you evaluate selling a holding to cut losses. Thank you, as always, for your insight!
-15% Always
Please connect with me, LNKD, etc. DM, fire away
Market tells me how long to hold.
Sell discipline--RCL
Mark Cuban, Ethereum
Watch for “Buffet effect.”
ETHE—Triangle, looking better, breakout! 80/20?
Bakes’ Take—5G? not for me for now, cut losses 15%, works, hold your winners
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—Podcasts of the Week!
Bakes’ Take—Reporters of the Week!
XRT—4% GME, retail will catch a lot of money
Bakes’ Take—Stocks are expensive, bull with head on a swivel
Bakes’ Take—Charts/Tweets/Posts of the Week!
Bakes’ Take—At extremes, see #1
Bakes’ Take— Newsletters of the Week
Bakes’ Take—Like copper, biotech not so much
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.
Heavy Metal Baby covers Metallica—Enter Sandman
The Funniest Roasts & Comebacks by Comedians—Jay Leno, Louis CK, Bill Burr, others
0:00
35:57
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Show notes
Bakes’ Takes Podcast Show Notes Saturday  
April 10, 2021
 
:23
1) Cut your losses!
2) Hold your winners!
3) See #1!
 
:33 Why I do this—Bobby, Jack, please listen in.
 
 
 
Bakes’ Take—Fan Mail! Calls! Questions! Mike!
 
 
Fact Sheet
 
T, NOK, zzzz…
 
 
Best,
Murph
 
 
 
 
URNM-Years, I hope
 
 
 
 
 
 
 
 
Bakes’ Take-No change
       
 
https://www.businesscasual.fm/our-economy-needs-workers-to-learn-new-skills/
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Bakes’ Take—Check out CareerKarma
 
 
If you’ve been vaccinated, there’s almost no direct safety benefit—to yourself or others—of wearing a mask.
If you’re unable to get vaccinated, it’s reasonable to expect others to accept infringements on their freedom as a precaution. Not if you refuse to get vaccinated. 
Dr. Saphier is a physician at Memorial Sloan Kettering Cancer Center, an assistant professor at Weill Cornell Medical College, and author of “Panic Attack.”
 
 
 
 
 
 
 
 
Let me be blunt: Tech stocks are still alarmingly expensive.
 
Sacconaghi counts 366 tech stocks currently meeting the 15-plus sales-multiple criteria, up from 25 in 2017. It’s the highest total since 2000, when a staggering 1,540 traded above 15 times sales. We know what happened to the market after that.
 
 
 
 
 
Bear Traps Report
 
 
34:39 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 [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=TKgIp2rPwNI
 
 
https://www.youtube.com/watch?v=rOLlfPPTld0