Market Analysis for Jun 28th, 2021


NVDA now $800. My summer vacation tip jar has officially opened 😎 

As discussed, this ticker is my best in breed pick going into Summer (given at $640). +25% thus far and can keep extending 

I've been busy rotating some partial gains into various things like TSM and SMH etf (same sector) /other best in breeds.

I could be dead wrong as always, short-term a little extended here (could keep extending). Know your timeframes!

Ricky Wen is an analyst at ElliottWaveTrader.net, where he writes a nightly market column and hosts the ES Trade Alerts premium subscription service.