Energy markets are experiencing their own March Madness, notes Phil Flynn, senior market analyst at ...
Dark Pool Weekly Whisper Video: IAU, Kinross Gold, Under Armour, SPY
01/26/2018 10:00 am EST
Stefanie Kammerman, the Stock Whisperer, to tell you the Whisper of the Week: IAU, Kinross Gold, Under Armour and SPY in my weekly Thursday video under six minutes and my transcript. And recaps of last time: ZNGA, LSCC, XLU and D.
Before we get to this week’s Whisper, you know it. Let’s talk about the last Whisper Jan. 17. We had our eye on Zynga (ZNGA). There was massive amounts, 10 million share lots, four of them in a row at $3.75. I took this trade and I lost 3 pennies on it. Yeah, it just couldn’t hold $3.75. If this was smart money buying, we definitely would have moved up. However, if it does break above that $3.75 level again, I’ll definitely jump into it. But that’s really a key level.
However, Lattice Semiconductor (LSCC). It was a nice trade if you recall, bullish above $6.20. Target was $6.50 was the next level up and you can see it could not break above that.
Also, Utilities SPDR ETF (XLU). Massive, massive prints have been coming in even after I did the Whisper. More prints were coming in. You can see it’s been forming a base here and tons of volume coming in. It did pop to about almost $51. But I’m still bullish as long as it can stay above that $50 level.
Also liked Dominion Energy (D) above $75 and this guy is starting to climb right now.
But let’s not forget about iShares Gold Trust (IAU). Absolutely love gold for a long time as many of you know been watching my tweets, I’ve been tweeting like a maniac on my Dark Pool app about all the massive prints that I’ve been spotting on IAU. So I told you about those $12.85 prints and we got more there and we’ve just been going up and up. Jan. 24 we had prints at $13 and we have just been going up. So I still love gold. And check out the breakout that’s happening right now on the gold futures. I drew this trendline a long time ago. We’re finally starting to break above and you can see the massive volume that’s been coming in. Yeah, love it, seasonality is great so still in the gold trade.
I do like to trade SPDR Gold Trust ETF (GLD), $130 is my next target up there.
Guess what we spotted this week? Massive prints on Kinross Gold (KGC), another gold stock. $4.40 and $4.46 and we finally closed above this. A lot of my traders have been swinging KGC. I absolutely love this as long as it $4.50. $4.75 is the next trading level to watch for Jan. 25 but it does have a high resistance level about $5.50 would be my high-end target on that.
Now, we also spotted prints on Under Armour (UAA). You have a massive 7 million print. Look at this volume that we had Jan. 23. This volume should have been in this candle. It was a late Dark Pool buy print and they put the volume in the wrong candle but that’s OK we’re still going to be bullish above $15 on this.
Let me just show you the massive print that we had, just give me a moment to just pull it up on UAA. Yeah, you have to see this. This is huge. Look at this 7 million at $14.55. As long as it stays above here, I’m going to be bullish but $15 is such a key level. So watch this Jan. 25 if they can break above that, there’s a lot of room to go on UAA.
Also, want to tell you about massive Dark Pool activity that we spotted in the SPDR S&P 500 (SPY) today. Probably the biggest level in a long time. Almost 20 million at $283.26. You can actually see some of these prints still here. But we had a lot more all day long, just massive. So bullish above, bearish below, no thinking!
So, come watch me trade these stocks along with my amazing traders in my live trading room. You can do a 30-day trial for only $29.95.
I'm going be doing another presentation at the MoneyShow Orlando Feb. 8-11 and the Traders Expo New York Feb. 25-27. So definitely make sure you catch that. I'll be coming in with all new trades for the next season.
Download my app from the Google Play Store and Apple Store. Just search for the Stock Whisperer or Dark Pool and you’ll see our app. I'll be pushing out notifications of where all the Dark Pool is trading all day long.
Happy trading everybody!
Recorded: Jan. 24
At TradersExpo, Stefanie Kammerman describes her new Dark Pool app and shares how she was inspired as a writer and musician. Video interview here.
Recorded: Nov. 3.
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