Bakes' Takes 2/20/21 1) Roaring Kitty to dead cat bounce 2) Kerosene vs. matches 3) Dead horses

Bakes’ Takes Podcast Show Notes Saturday   February 20, 2021   :24 1) From Roaring Kitty to dead cat bounce 2) They’ve mopped up the kerosene, your matches don’t      matter                  3) Congress beats dead horses   :46 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.   2:03 Not investment advice. Please conduct, and share, your own due diligence.   2:18 Bakes’ Take—Fan Mail! Calls! Questions! Mike!   Bobby voice memo question-WSB/Reddit is a flash in the pan, here’s why   3:24 They’ve mopped up the kerosene, your matches don’t matter. SPAC w/ Epic/Fortnite?   5:13 20 years of short profits wiped out, 20 years for next set up imo   6:09 "even a dead cat will bounce if it falls from a great height" $22 launch pad to $483 to $40 qualifies, $35-$43 floor, bounce $65-$77 ceiling IMO?   7:25 Bobby-How to combat FOMO, sit on your hands, always another train coming, 5-10% above base breakout   9:03 TBF—will discuss more later, $16.81 2/12/21, THE breakout, 5-10%   10:09 Bobby voice memo question—Bitcoin only crypto?, “new way to interact with money”, bubble burst/lower prices   12:20 GBTC looked better than ETHE especially at $15 in Oct.   12:58Ethereum--#2, 19% of Bitcoin’s market cap, decentralized finance (DeFi) focus   13:50 Charlie-1) How can it be a currency with this volatility? Cryptoasset more accurate, 12 years old or so, dollar as contrast, Congress—GME hearings, no Churchills, No Lincolns, unwatchable, government constant growth, debt exploding, dollar depreciating in our hands                                                                                     16:32 2) Government regulate Bitcoin? Central bank power? How control a blockchain/abstract ledger? It does threaten them, main point   18:14 3) Biden infrastructure—see #1, think largely priced in   18:50 PAVE—best looking right now, on my monitor list, will alert you if I buy   19:32 Great call on URNM—thank you   19:42 Bakes’ Take—Bitcoin is THE leader, TSLA didn’t buy Ethereum for balance sheet, decide % of your assets you are comfortable, keep it small, buy 10% or so on down days, Charlie—even with volatility, how will government regulate?   Fight FOMO—another train   WSB/Reddit—flash in pan might be too harsh, very hard to find next GME, recalibrate expectations   Infrastructure—will watch PAVE and others, think already in prices, sell the news?   Like shorter videos—working hard to present something worthwhile daily   Bakes’ Take—What’s your take?   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   22:25 My tweet Friday--That is a breakout folks, (ProShares Short 20+ Yr TRS/TBF). Interest rates are going up, bond prices are going down. Full disclosure: I have a position. #BakesTakes_   https://www.gemini.com/cryptopedia/what-is-bitcoin-and-how-does-it-work                       Bakes’ Take—Podcasts of the Week!   https://podcasts.apple.com/us/podcast/on-the-tape/id1545205930 25:28 On the Tape Podcast—Danny Moses, Guy Adami, Dan Nathan Hosts, Joe Saluzzi and Sal Arnuck Guests Whole show is great, but last 20 minutes Joe and Sal suggest payment for order flow be eliminated, horrible for RobinHood, Bernie Madoff proposed initially?   https://podcasts.apple.com/us/podcast/the-algebra-of-wealth/id1498802610?i=1000509654182 27:15 Scott Galloway—3 mins. AAPL likely buy PTON, 48 mins. Get to HQ!   29:13 Bakes’ Take—Diversify accounts away from RH   29:23 Bakes’ Take—Reporters of the Week!   Dr. Makary is a professor at the Johns Hopkins School of Medicine and Bloomberg School of Publi