The Weekly Whisper from the Dark Pool: IAU, GLD

07/27/2017 2:59 am EST


Stefanie Kammerman

Founder, Stock Whisperer Trading Company, The

Hello there, Stefanie Kammerman, the Stock Whisperer, here to tell you the Whisper of the Week from the Dark Pool for July 26: IAU and GLD. And, a recap of past Whisper performance of T, XLF, and XOP, in my weekly Thursday video and transcript.

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Before we get to this week’s Whisper, we have to talk about last week’s Whisper. If you had a chance to listen and watch last week’s Whisper on July 19, we had our eye on AT&T (T). We spotted a huge Dark Pool print at $36.08 and we were bullish above $36.20. My traders and I rocked this in the Java Trading Room. We had some really inexpensive calls to catch that option chain off guard following the Dark Pool.

Also, Financial Select Sector SPDR Fund (XLF), massive prints on that one last week as well. $24.77 and $24.88. We were bearish below $24.75 and bullish above $24.88. You can see yesterday (July 25) she finally broke above and power moved to the upside. Wow!

Also, SPDR S&P Oil & Gas Exploration and Production ETF (XOP), bullish above $32.25 and finally yesterday as well, power moved above the print.

So, what are we watching this week? Guys, it’s going to be a golden week. I spotted the biggest prints ever on iShares Gold Trust ETF (IAU). A 9 million print at $12.02 and a 6 million print at $12.02. 15 million print. So, guess what guys, bullish above, bearish below. No thinking. You can see today she really skyrocketed up. You know what, IAU doesn’t move that fast, so I like to trade SPDR Gold Trust ETF (GLD), I’ve been trading pretty much for the past couple months. It’s definitely my favorite gold trade options. We’re going to be bullish above $120. If we can break above that tomorrow (July 27), this is going to have a power move.

However, if we break below $12.02, then I’ll turn bearish.

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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