Traders: The Weekly Whisper from the Dark Pool


Stefanie Kammerman Image Stefanie Kammerman Founder, Stock Whisperer Trading Company

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.