You Down With OPP? The Meaning of OPP

If you’re under the age of 47.5, then you probably heard Naughty by Nature’s song O.P.P. I’ve heard this song on multiple occasions in my life, but never question the meaning of OPP. What does it mean to be down with OPP?

Well, after seeing Musk tweet about it around 4:20AM, I had to Google it.

After my Google query, apparently being down with OPP means you are willing to cheat on your boyfriend or girlfriend. The meaning for Guys, ” Other People’s Pussy”. For women, “Other people’s penis”. At the end of the song they keep it clean and mention “other people’s property”.

Man, you got to love hip hop and pop culture. So what was Musk implying? LOL. He even gave us the wink emoji

Naughty by Nature ?https://t.co/muZdxJWjyZ

— Elon Musk (@elonmusk) October 1, 2018

Sure, could be Operating Profit Positive. To be clear, OPP is not an abbreviation commonly used to describe profit margin. But Naughty By Nature never had a hit song called EBITDA.

— James Stephenson (@ICannot_Enough) October 1, 2018

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You got to love it, and it looks like I missed my chance to enter $TSLA on Friday. Feel free to discuss in the comment section while I finish my scans.

Watchlist for the week developing….

As we head into the final quarter of 2018, let’s take a look at the top ranked stocks inside Exodus. The following names have the highest combination of fundamental and technical scores inside our Exodus Algorithm. This is raw data, with zero filters, have a look HERE.

As you can see from the list above, Cannabis stocks lead the way with the most active volume. Here are some names to watch as we head into a new quarter/month/week:

Let’s make it a good week.

The weeks starts off with a bang in oil stocks, as many of my Exodus screens are pulling up Energy related names. Biotech is also having a relatively good day, along with Semis. $AMD just won’t quit.

Inside our Exodus screener, there are 90+ names worth watching from today’s hybrid scan, and here they are: CLICK HERE FOR CHARTS

Tickers on watch here include: XON, TSM, MNKD, TEUM, WTW, TEAM, & SPOT.

Let’s make it a good week.

It’s been a hell of a week inside Exodus as many of us are piggybacking The Fly’s cannabis stock picks for some nice coin. Just take a look at $TRPX after-hours. Indeed, it has been a fun trading environment inside our trading room.

With all of this newly minted coin laying around, I decided to throw away some of it by buying shares in $SHLD holding. Sears landed back on the momentum screen inside Exodus and looks poised for a bounce here. With $AMZN making waves with its retail front, I’m betting someone may take a look at Sears’ prime real estate portfolio.  I’ve positioned for it to go to ZERO, because the company is dead in the water without a real estate bid, but here I am in at $1.30– let’s see what happens.

Shares of $SNAP were downgraded this morning by BTIG Research to Sell. The firm basically threw in the towel on the name, stating that the stock can still be cut in half from here. Just yesterday, Wedbush upgraded the stock, upping price targets. And, here I am getting smoked on my recent position from $11.

So who is wrong? BTIG research of course. Am I selling? NO. I’ve never seen a phenomenon quite like $SNAP for the younger generation. I’m not sure they even know how to send a text message through a cellular service, because everything they do is through the $SNAP application. The older crowd is also finally starting to migrate over to $SNAP as it become more social and less about a scandalous/dating app.

SNAP has also done a number of format changes to the application, and has been more effective in placing Ads in my opinion. Facebook tried to by the company a few years ago for $18-19 Billion, and now the market cap sits at 11B. I am still a buyer here, especially on further weakness.

As for what worked today? Here are today’s top hybrid movers inside Exodus, all moving greater than 25%+ in score: CLICK HERE FOR  RESULTS. Let’s continue to keep an eye on TSLA, IQ, HUYA & BIDU, which were all big movers in overall score today.

If you are wondering where the momentum was as we closed the week take a look at this list HERE. The following names all closed near highs of the day as we ended the work week. As we come in on Tuesday, let’s see if any of the following can get some follow-through. Here is my watchlist: