Bakes' Takes Podcast 3/6/21 1) Bubble? 2) How to SELL stocks! 3) Commodities around 100-year lows

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.   1:30 Not investment advice. Please conduct, and share, your own due diligence.   1:45 Bakes’ Take—Fan Mail! Calls! Questions! Mike!   2:04 Bubble? I LOVE THIS QUESTION! Here is what you do…   2:17 Bobby—chart   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   3:58 Bill O’Neil—How to Make Money Selling Stocks Short CSCO—2000, $80 to $12, down 85% in 18 months   Royal Caribbean/RCL--$111 down to $86, down 22% in one year, plan ahead   8:23 Bakes’ Take—Plan now, sell 1/3 break 200 dma, 1/3 50 dma crosses below 200 dma, 1/3 200 dma turns down   8:51 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.   9:02 Bakes’ Takes—My Themes/Groups   9:05 Bakes’ Take-Like my etf’s, watching 200 dma’s know market is not cheap           Bakes’ Take—Podcasts of the Week!   Bakes’ Take—Reporters of the Week!   10:13 Bakes’ Take—Charts/Tweets/Posts of the Week!   10:55 Commodities—around 100-year lows, #uranium # copper #short bonds #agriculture #bitcoin Jim Bianco—commodities up 16%+ first two months, going back to 1973, 2nd best year vs. 2003   13:34 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” 15:14 Bill Gates/TerraPower—Nuclear is ESG, my words not his, SMR’s a solution, yes, good for #uranium https://www.cbsnews.com/video/bill-gates-climate-change-60-minutes-2021-02-14/#x   16:35 Jim Bianco—GBTC at a discount, bullish previous first, second times 17:27 Jurrien Timmer, Director of Global Macro, Fidelity, watch 2% inflation, above or below, P/E’s decline   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 19:08 Gabriel Iglesias, Cuban Coffee almost killed me