Market Analysis for Jul 7th, 2021

Best In Breed, Line In Sand (feel free to bookmark)😎 

Context: We rotated a big chunk of our portfolio into more US based megacaps + large caps in the past few weeks-months before it got overcrowded again. The risk vs reward potential was optimal and the general bull trend/theme into year end.

Now, given that the market is obviously top-heavy in this current rotation, I'm willing to share a little on the "line in sand" levels for my publicly accessed best in breed threads. (cannot share everything like options alpha)

Notes: my timeframe may be different from yours. Operating via a daily-weekly timeframe as most/all my best in breed picks have broke out/accelerated towards respective common targets +15-20%. Aggressive on risk management + take profits when market is HOT.

Know your own timeframes and enjoy the train rides till da music stops. Help you learn a thing or two👇 

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