Randy Opper

Only protégé of World Record trader Dan Zanger & Director of - Building a team of consistent traders.

[Randy Opper @RandyOpper]

Today marks the first day the parabolic move is truly showing itself in the price action.

[Randy Opper @RandyOpper]

Just a minor pullback last week and now I believe we have entered the parabolic phase starting today.

[Randy Opper @RandyOpper]

Just a minor pullback last week and now I believe we have entered the parabolic phase starting today.

[Randy Opper @RandyOpper]

Time for some backing and filling of this amazing move up. This won't feel good but it was long overdue.

[Randy Opper @RandyOpper]

My list of leading stocks are still running but this morning I am reducing a few as we are getting extended.

[Randy Opper @RandyOpper]

Hiding in leading stocks has been working - AAOI LITE MRVL SNDK TER SOLS GLW DELL STX continue to be very powerful stocks during a brutal market period.

[Randy Opper @RandyOpper]

What an amazing move for the market but today the absolute worst stocks are soaring which suggests some rest in the market will soon be needed.

[Randy Opper @RandyOpper]

A few of these leaders are just exceptional. I can already sense what the pullback will feel like. https://t.co/eE02h5wSMg

[Randy Opper @RandyOpper]

Hiding in leading stocks has been working - AAOI LITE MRVL SNDK TER SOLS GLW DELL STX continue to be very powerful stocks during a brutal market period.

[Randy Opper @RandyOpper]

I honestly cannot remember a bearish market condition with so many great looking charts. Hiding in a few leaders.

[Randy Opper @RandyOpper]

The only thing that works in this market is to hide in a few leaders and avoid everything else.

[Randy Opper @RandyOpper]

Sold the vast majority of all positions the last two days. Plenty of stocks are fine but the hot stocks need a rest.

[Randy Opper @RandyOpper]

The powerful turnaround in price action since Thursday has justified building multiple positions, and even (NVDA) could invalidate its downside target near $130 if the market continues to hold last week’s low.

[Randy Opper @RandyOpper]

It has been an exceptional oversold bounce in the market with many small cap weighted names showing strong action. The market now sits at a decision point. From here it will either shift into a breakout trending market if buyers step up or we will start to retrace lower again.

[Randy Opper @RandyOpper]

This bounce has been more powerful than I expected. While many of the AI and tech leaders still need plenty of work there is no shortage of good bases and patterns outside of that group.

[Randy Opper @RandyOpper]

A super oversold bounce in the market today which best in stocks like GRAL which was not part of the tech plunge.

[Randy Opper @RandyOpper]

The risk off signal from weeks ago was further confirmed today. It looks like a larger correction has now started but we will need more price action to know how far down we will go. A $50 decline in NVDA might be possible down to the $130 area.

[Randy Opper @RandyOpper]

I noted to move to higher levels of cash as the market was topping. The market had run a marathon from the April low and then accelerated higher in a last exhaustive push. It will take some time to setup again.