Stock Market Authority
Stock Market Authority
Kevin Baker
#AMC--$10.16 4/24/21, $48 now! Please subscribe and share for free! 11:00-14:28 Thx, Bakes
31 minutes Posted Jun 4, 2021 at 8:40 pm.
Supercast/Patreon levels. Weekly call with me, teach technical analysis, etc. You help me design the show. Guests I should reach out to. Text like I send to my sons. 610-331-4283.
Not investment advice. Please conduct, and share, your own due diligence.
@GSpatuzzi—TA on #GME
Chart from 4/24/21 show
$10.16 4/24/21
Monthly--$33.50, overshot, resistance held, largest shareholder China’s Dalian Wanda sold most of its share, smart money?
Weekly--$26.12
IWM—GME #2, AMC #8, 1700+ charts, extended, tired, sometimes doing nothing most profitable course
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—Uranium looks great, bitcoin does not, inflation still likely more persistent less transitory
20 minutes--ESG situation—next 12 months, most spectacular resurgence, oil, coal, India lockdown, oil UNCH not down 20%, $100 oil next 12 months, met coal steel, ESG backfire basket, supply problem driving season 1q 2q 2022 next year, China, India, take down coal, nuclear up.
In U.S. Kerry-flipped, Jennifer Grantham-DOE, Biden team, oil x10, 2025-2030 short 10 mil pounds Uranium, uranium national security problem, not mined here, nat gas, coal up, makes nuclear more competitive, last 10 years, uranium buyer didn’t have to front buy. Institutions front running. Unintended consequences of gov’t. only $21B uranium, bitcoin $.5T, dogecoin $50B
“Best risk/reward trade I have seen in my life. 5x-8x upside, 40% downside. URNM, URA.”
Bakes’ Take—Fans ask for ideas, I keep saying URNM, eyes glaze over, think I’m right
Bakes’ Take—Charts/Tweets/Posts of the Week!
Danielle DiMartino Booth—home buying conditions worst ever
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.
Tom Segura, Disgraceful
0:00
31:33
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Show notes
Bakes’ Takes Podcast Show Notes Monday  
May 31, 2021
 
:28 Happy Memorial Day—Please remember and honor those who gave the ultimate sacrifice. God Bless them and God Bless America.
 
:54 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’ Take—Fan Mail! Calls! Questions! Mike!
 
 
 
https://www.youtube.com/watch?v=DJzFDsi5ExE&t=9s
4/16/21 26k+ views
 
$209.43—close to $212, 5/25/21
 
$242.56—to the moon!, 5/26/21
 
Weekly-$222
 
Daily—2x volume, $212 taken out, wedge “worked”, $265 hit resistance, not HODLer, take out original investment, $348.50, $483, frankly, can’t fathom fundamental catalyst, short squeeze much less likely, hope this helps, I welcome your future questions
 
 
https://www.youtube.com/watch?v=mNNASwmxc_8&t=432s
5/20/21 became more positive, short squeeze more likely
 
$14.44--$19.56, 5/26/21
 
 
 
 
Bakes’ Take –Let run with house money, GME, AMC, market overall tired, news desert
 
 
 
+15.49%, STILL allergic to red, so I don’t have any
 
#BakesTakes_ #uranium #bitcoin #cannabis #inflation #copper #sugar #soybeans #wheat #corn #blockchain #GME #retail #shortbonds #silver
 
1700+ charts no new themes
 
 
Bakes’ Takes-Gray Swan, new segment
 
 
 
Bakes’ Take—Podcasts of the Week!
 
https://macrovoices.podbean.com/e/macrovoices-273-larry-mcdonald-dollar-down-gold-oil-uranium-up/
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Bakes’ Take—Reporters of the Week!
 
Bakes’ Take—
 
 
Jeffrey deGraaf—bitcoin head and shoulders top
 
 
Bakes’ Takes-short term bitcoin looks suspect/horrible, if breaks $30k, $20k next stop. If you don’t love a house, rent, consumption item, not investment
 
Bakes’ Take— Newsletters of the Week
 
Bakes’ Take—
 
30:37 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=kYYINJM3lPA