Stock Whisperer spots SPY, Whole Foods, Potash, Marathon Oil

03/30/2017 4:40 pm EST

Focus: STOCKS

Stefanie Kammerman

Founder, Stock Whisperer Trading Company

SPY (SPY), Whole Foods Market (WFM), Potash (POT) and Marathon Oil (MRO) are all trading targets for Stefanie Kammerman, The Stock Whisperer, who explores the Dark Pool. Her weekly video report and transcript debuts today on MoneyShow.com.

Hello there, Stefanie Kammerman, The Stock Whisperer, here to tell you the Weekly Whisper.

The Weekly Whisper is a recap of all the major Dark Pool prints that we’ve been spotting this week, so let’s start out with the SPY (SPDR S&P 500 Trust ETF). I know so many of you love to trade the SPY. I love to trade SPY. I love to do the weekly options on it. So let me get right to the point of where the Dark Pool is trading.

We spotted 12 million shares at $233.57. You can see we were way above that. These were late Dark Pool buy prints that have been coming in this week.

That’s a key level. As long as you stay above $233.57, it’s good to be bullish but look out because just above us is a massive Dark Pool sell area at $236.55.

As soon as we broke down below that level last week, my traders were shorting SPY and we may retest our level. So definitely watch this coming up.

But I got a nice big print to share with you that happened just today. Whole Foods Market WFM. We had a really nice unusual 648,000 share print at $28.81. You can see that volume was really nice today with close above the print which is very bullish. My first target is $30 and if she can break a bit above $30, then $31 would be my second target moving forward.

I also want to share with you a stock I’ve got my eye on. I’m not in yet but I am looking for a close above $17.20 on Potash POT. I really love the fact that it’s been consolidating with high volume starting to creep in. But check out the seasonality chart on Potash. You can see that normally this stock has a really nice rally April all the way into May. For me, it’s about key level, volume and momentum. So, if she can close above $17, $17.25 I can see a much bigger trade on this going all the way to about $18, my first target and then $19 would be my second on Potash.

Also, oil has been high. If you listen to my Daily Whispers I’ve been whispering about oil and energy. We’ve been spotting a lot of volume coming into ExxonMobil XOM, Energy Select Sector SPDR ETF XLE. Here’s a stock I have my eye on for the end of the week. MRO. Marathon Oil. One of my favorites to trade. What I love about this is, check out the volume that is coming in. But we are hitting a major resistance area at $16.  What I am looking for is a close above this level at the end of this week, possibly the beginning of next week. If we can break above $16, we are looking to swing this all the way to $17.50 is my first target and then $18 would be my second target for MRO.

Trade these stocks and so many more. Happy trades, everybody!

I’m at www.thestockwhisperer.com

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