HODL is bullshit! I SELL stocks better than you! Try me!

Stock Market Authority - A podcast by Kevin Baker

Categories:

Bakes’ Takes Podcast Show Notes Saturday,    August 28, 2021   :27 Why I do this—Bobby, Jack, please listen in.   :51 ‘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.   2:07 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.   3:00 Not investment advice. Please conduct, and share, your own due diligence.   Bakes’ Take—Fan Mail! Calls! Questions! Mike!   3:10 HODL is bullshit! I SELL stocks better than you! Try me!   4:50 Murph, NY—If Dollar cost averaging is strong sell discipline as crucial? Great for 401(k), SPX, int’l fund, 40+ years.   5:17 Answer for my themes is yes, focused, 10%, precise buy signals, breakouts, on 50% increase in volume. Also, preserves actual and psychological capital. 15% loss, can find 20% winners.   6:35 You don’t need to use mine, but find your own. Very few investors have a sell discipline, frankly including pros.   6:56 Thoroughly evaluate each month. Doesn’t take that much time. How many of 10 reasons still valid? -15%. 200 dma etc.   7:28 You have advantage over the pros! No committees, mandates, restrictions. No PM is 17% uranium, 10% short SPAC’s, 36% cash etc. I like my chances.   8:10 Vs. 20% HC, 25% tech, doesn’t work.   8:50 SOXX 5/20 $240 launch pad.   9:20 SOXX daily—clear uptrend, NVDA killing it, TSM raising prices, don’t do anything until close below 200 dma $416.50 and rising.     10:10 DKNG--$19 4/20 launch. 10:54 DKNG--$48-$50, not bad from $19, likely stalls at $60 11:59 SQ—5/20 $68   12:29 SQ—Sell 1/3 $197, let rest ride   13:18 COIN--$261, $280   14:23 SOFI--$13.14 support, $18.64 resistance. Earnings report disappointed, volume up on down days. Watch, but avoid for now.   15:30 Bakes’ Take—My sell discipline works. If you have a better one, I would love to see it.   16:03 Bakes’ Takes+--What would you like?   16:08 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.   16:17 Bakes’ Takes—My Themes/Groups   16:19 RIDE—One of SOGU’s shorts. Icahn lieutenant Daniel Ninivaggi named CEO. Up in first hour, faded below $6.69 resistance, closed at $6.49. Lacked funds to start commercial production, doubt able to continue as a going concern. SEC, DOJ, preorders, SPAC merger. Ford F-150 on lots 2022, $10k below Endurance.   18:36 Bakes’ Take—EV’s are going down. SOGU up.   Bakes’ Takes-Gray Swan, new segment   Bakes’ Take—Podcasts of the Week!   https://riskreversal.com/on-the-tape/ 19:11 On the Tape—33:11 Rich Greenfield, AMC short.   19:45 Maybe, but not yet. Fundamentals often code for I’m right the markets wrong. Being right vs. making money. So early their wrong. Why technical help so much.   Cinemark/CNK—according to Greenfield, same business, better balance sheet, $2B mkt cap vs. AMC $20B. F9 750 mil at box office, F8 $1.2B. My IG video, 4 of us in theater. AMC--92 mil shs short, 18% of float up 8% over last month. CEO selling, in filings say fundamentals don’t warrant stock price. Hold for now.                                                                                                         21:53 Bakes’ Take—Timing is everything, I will help.   Bakes’ Take—Reporters of the Week!   21:55 Ex-Tesla, 45 minutes vs. 10 minutes gas to charge EV. And that’s CA. Chargers tougher to find elsewhere. That’s before stressing the grid.   Bakes’ Take—   Bakes’ Take—Charts/Tweets/Posts of the Week!   Bake