Bakes' Takes Podcast E25 - 8/29/20--Diversify from your job! How to SELL stocks! Volatility is back!

Bakes’ Takes Podcast Show Notes Sunday August 30, 2020   :24 1) SUEB doing ok, yes added Bitcoin :36 2) Diversify away from your job :44 3) How to SELL stocks   Bakes’ Takes—My/Our Portfolio   1:06 Two months, Up 1.4 %, URNM +10%+, HERO +5%+, URA +5%+, SIL -2%, GBTC -7%   GBTC—Bitcoin, “digital gold”, Fed new inflation stance, volatile, 19% premium to NAV   Bakes’ Take—Fan Mail! Calls! Questions! Mike!   6:38 Bobby, Jack—diversify away from QTS, UBS! SUEB sure does the job! They are my audience, I invite you to eavesdrop, not investment advice (damn lawyers) but we eat home cooking   8:14 CNBC, others--Price, splits don’t matter   10:04 Sell Discipline II…   Royal Caribbean/RCL $117 1/31, 116 2/3, 48 3/9=$93 vs $68=-37%   Please use your voice memo app, tape your question(s) and email to [email protected]                                              13:15 Bakes’ Take—Bonds are going down! 60/40 nuclear winter!   Please send your rationale/reactions   13:29 Bakes Take—Podcasts of the Week!   https://player.fm/series/pivot-111049/pivot-schooled-2-the-new-generation-of-innovators-with-nextdoor-ceo-sarah-friar-and-investor-rana-yared Kara Swisher, Scott Galloway—fan of both, left of me, most are, both can turn a phrase, i.e. Shakespeare, “weapons of mass entrenchment”, etc.—at 8 minutes or so Scott declares Tik Tok will not be sold, K-12 much more problematic than affluent 19 years old annoying parents at home   Bakes’ Take—Reporters of the Week!   16:23 Bakes’ Takes—Charts/Tweets of the Week!   1700+ but ignore leveraged ETF’s, ultra, 2x, etc.   16:30 Sugar   16:46 Copper   17:19 Palladium   18:20 Natural Gas   19:06 Short Term Volatility   Medium Term Volatility   20:40 Who will win the 2020 U.S. presidential election?   22:46 Bear Traps Report 26:30 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 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   27:00 Much needed levity—Baby Chef https://www.youtube.com/watch?v=veXsCLmghpM   Monty Python—Shoe Box in the Middle of the Road https://www.youtube.com/watch?v=ue7wM0QC5LE