Traders: The Weekly Whisper from the Dark Pool

04/20/2017 2:45 am EST


Stefanie Kammerman

Founder, Stock Whisperer Trading Company, The

Stefanie Kammerman, the Stock Whisperer, here to tell you the Weekly Whisper from the Dark Pool: SPY, JNPR, GE, F and report results from two weeks ago.

Hello there, Stefanie Kammerman, the Stock Whisperer, here to tell you the Weekly Whisper April 19.

But before we get to this week’s Whisper, you know what we’ve got to talk about. Last week’s Whisper.

Unfortunately, I didn’t do a Whisper last week. I apologize for that. I had a death in my family. I had to take a week off.

But let’s talk about the week before Whisper. That was hot. If you recall, we were bearish on the SPDR S&P 500 ETF Trust (SPY) after that massive Dark Pool 50 million Dark Pool sell level at $236.55 and we’re having a correction right now. Yesterday we spotted another Dark Pool sell level at $234.55, 15 million late Dark Pool sell prints traded right here. This is the key level, as long as we stay below that level, we’re going to stay very bearish on that one.

However, Whole Foods Market (WFM) wow, did you guys get in on this one? Love this one. We spotted this one at $28.81, you guys this is where the Dark Pool is buying them, if you recall two weeks ago I told you to watch $30.50, if we can close above that, wow, a lot more room to go and wow, we hit $35, this is a really big level, you definitely want to take profit off the table. This is a big resistance area, definitely take that profit. That was a fantastic week following the Dark Pool.

Also, bullish on Consolidated Edison (ED) , love this one, has a nice dividend, I loved it above $78, my target is still around that $80, as long as it stays above $78, if not, we will not be bullish about ED.

Also, Gold (VanEck Vectors Gold Miners ETF) (GDX), closing above $20.50, as you can see, finally it did have a really nice popup, right above that simple moving average, we’ve been getting a pullback, we’ve been spotting sell prints on the miners yesterday (April 18) in my trading room, so until we sell buy prints again, I’m not jumping in.

But here’s a big one, remember I told you about the massive sell prints on XLF? Well guess what, I didn’t know Goldman Sachs earnings were going to bomb out, but somebody did. They were selling this financial ETF hard the other day at $23.59. This has been a great trade on the short side.

So, what are we watching this week? Juniper Networks (JNPR), I spotted big prints today (April 19). Today, there’s a 2 million print at $27.80, yesterday (April 18), we had a 3 million print at the same exact level $27.80.

So this is going to be a key level, so let’s just draw a line right there $27.80, bullish above, bearish below, we have these big prints so let’s see if we can have a little bit of a shake. So, let’s be a little bit bullish if she can close above $28.00 and bearish if she can close below $27.60. We want to give this a little bit of wiggle room, but this is going to have a massive move, really big volume coming in.

Also, GE, we had some nice prints today (April 19) actually $29.93, $29.99. So, I am bullish on GE as long as GE stays above $30. So, let me just zoom out on this chart, so you can see this really nice trend line on the daily chart and they have a lot on the up side $50 would be the first target. High end would be the top of this channel on GE.

Also, want to give a shout out on Ford (F). This thing has been getting hammered. It has been consolidating. You can see a lot of prints coming in at $11.20 to $11.25 so I’m only going to be bullish if Ford can close above $11.30 over the next week. Keep your eye on that level.

Come watch me trade with amazing traders all day long. I trade live in my trading room.

Happy trading everybody.

Watch Stefanie Kammerman, The Stock Whisperer, trade in Java Pit Live Trading Room here

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