Thank you especially Charlie, Justin, Murph from this Luddite.

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. 610-331-4283.

Not investment advice. Please conduct, and share, your own due diligence.

Bakes’ Take—Fan Mail! Calls! Questions! Mike!

SOFI--$18.58, watch for big volume, plug into Google Alerts

Agree with thesis—student loans, restart in January, refi opportunity

Higher rates good for them, NIM widen?

Cross selling. Makes sense

Noto—Chamath, high praise

Compete with Robinhood, crypto?

JPM, etc. sick of fintech eating lunch

Bakes’ Take--$18.58 close! Big volume?

Charlie, NYC, SPCE—Virgin, dead money, SpaceX private widely regarded as the best, all losing money, early imo, Momentus/MNTS, Maxar/MAXR, Rocket Lab/RKLB, Ark Space/ARKX

SPCE—space tourism? Not where want to be, Chamath has sold lot of stock

ARKX—Close below $19.12, very bad, Close above $21.19, very good

Rocket Lab/RKLB—best looking chart imo, do more work

LMT—old space, nothing going on

Bakes’ Take—I encourage you to let markets point you to opportunity, rather than news, etc. RKLB possible, but rest of space is avoid. SPACEX goes public different story.

Square/SQ—close below 200 dma, big volume, great company, 144 P/E

Bakes’ Take—If you have a DDM you would bet your life on different story. Sell discipline kicked in works very well, if hit new highs so be it.

BUT…Good example for Bakes’ Takes+--I will monitor your stocks/ETF’s alert you of buy and sell points. What else would you like?

Charlie again-very long-term secular bull market as a result of the democratization of finance and the stock market? Seems like there has never been so much dry power and new entrants into the market…doesn’t this mean (all things being equal) there are more people coming into the market which structurally over the long-term will lift asset levels?

“Increased retail activity could be contributing to record inflows into Equities this year so far—the annualized inflow of $1 trillion to global stocks in 2021 is greater than the cumulative inflow of the prior 20 years, according to BofA Global Research.”

Free trading, access over cell phones (which are now being put in the hands of billions of people world-wide) and a broader adoption/mass movement of financial education seems like the perfect cocktail of a worldwide buying spree…right?

These extrapolations, linear thinking, appear at the right arrow not the left, up 7x, you have only seen up, first time Fed can’t prop up market, all the above reverses

SPY—daily, gap down, close below 50, so far low volume rally to underside/resistance, just warning sign for now

Bakes’ Take—very long term, up and to the right, do that with 401(k) etc. But we are humans not robots, will panic at some point, I think I can help

Generation Gamble, Melissa Lee, CNBC, docs will be different in bear market

GameStop/GME--$212 to $344 good call, now $173, $161.41 rising 200 dma, leaning to downside, what are future positive catalysts?

Won’t Get Fooled Again/Weekend in Greenwich largely over, screens for high short interest exploited

High quality SPACs rare, SOFI perhaps, still prefer shorting de SPACs, EV’s via SOGU

Bakes’ Takes—My Themes/Groups

URNM--$71, $75, $80 now, likely consolidating base from here to $98, building next launch pad, volume increasing nicely, 96 RS, let THIS winner run!

Copper/Sell discipline—50 dma crossed below 200 dma, if 200 dma turns down, gone, up 14% ytd, +18% since inception

EUM—Short MSCI Emerging Markets, Fact Sheet, short Communism, I mean China, Evergrande, etc.

Bakes’ Take—Last week--Own some uranium here, I will alert you to dips. Dips in rest of market more likely, copper, short emerging markets, elsewhere. Getting tired, stay tuned.

Bakes’ Takes-Gray Swan

Bakes’ Take-Taiwan, Evergrande, HK, Tech, list keeps growing!

Odd Lots—Evergrande best explained

Bakes’ Take— I treat like COVID, don’t panic, watch charts, but don’t dismiss.

Elon Musk, Kara Swisher at Code, fascinating, more space than cars, quit as TSLA CEO, SPACEX $100B last capital raise, more

https://www.wsj.com/articles/selling-off-its-property-services-wont-save-evergrande-11633349342#:~:text=Evergrande%20also%20announced%20a%20deal,approval%20of%20the%20bank's%20board.&text=Created%20with%20sketchtool.

John Quakes @quakes99

Bakes’ Take— Newsletters of the Week

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