The Weekly Whisper from the Dark Pool: SPXU, FAZ, ECA

06/23/2017 2:59 am EST

Focus: STOCKS

Stefanie Kammerman

Founder, Stock Whisperer Trading Company

Stefanie Kammerman, the Stock Whisperer, here to tell you the Whisper of the Week from the Dark Pool for June 22: SPXU, FAZ, and ECA. And a recap of past Whisper performance of GLD and UUP in my weekly Thursday video and transcript.

Before we get to this week’s Whisper, we have to talk about last week’s Whisper. Last week June 15 if you recall, if you had a chance to listen, we spotted a massive 1.5 million sell print on GLD at $121.30 on June 14. Bearish below. GLD took a dive all the way down to $118.

At the same time, we spotted selling on GLD, we spotted buying on the dollar, UUP. This is a phenomenal vehicle to watch. We always know when the dollar is going to go up or down by the Dark Pool print on UUP. Or WisdomTree Bloomberg US Dollar Bullish Fund (USDU). This time it was UUP $25.05 and $25.06. We were bullish above $25.12 and you can see it had a nice pop this past week.

So, what are we watching this week? Well, you guys, I spotted unusual huge Dark Pool prints on ProShares UltraPro Short S&P 500 ETF (SPXU), let me just show you. You can see a million share print at $15.47, half-million at $15.45, another quarter-million at $15.46, another quarter-million at $15.47. What is SPXU? It’s the Bear ETF of the S&P 500. You can see a lot of volume coming into it. If we break above $15.50 June 23, it’s going to be bearish for the SPY, which is usually bearish for the market. Keep your eye on this level moving forward. It’s going to be huge.

And, we spotted some very big prints on Direxion Daily Financial Bear 3X Shares (FAZ) 600,000 shares $17.77 and we closed above that. This is a bear for the Financials ETF. Keep your eyes on the Financials.  And, of course, the SPDR S&P 500 ETF (SPY).

Also, today we spotted some very big prints on Encana (ECA) This is an oil and gas company which has been getting completely crushed. Can you see where is the bottom? We did spot some massive prints coming in over the past couple days. But you can see today (June 22), $8.15 and $8.19. So, we’re going to be bullish above $8.20, we’re going to bearish below $8.

If you’re interested in signing up to be a beta tester for my Dark Pool app, send me an email. Let me know if you’re Android or Apple.

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

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