The Weekly Whisper Video from the Dark Pool: CZR, TGT
10/12/2017 3:54 pm EST
Stefanie Kammerman, the Stock Whisperer, to tell you the Whisper of the Week: Caesars Palace and Target in my weekly Thursday video under five minutes and transcript.
Before we get to this week’s Whisper, let’s talk about the last Whisper two weeks ago. And I apologize for not doing one last week. I was presenting at the Dallas MoneyShow and it was so amazing to see so many of my traders there. And I look forward to Vegas next month. Definitely, have to catch us at the TradersExpo Las Vegas.
Let’s go over the last Whisper. If you recall, we spotted big prints on iShares Silver Trust ETF (SLV). Key level of $15.87, we were bullish above. Finally made a move this week and I absolutely love it. Still bullish on silver.
Also, we spotted a monster print of Monster Beverage (MNST) at $55. After consolidating, it’s finally making a move Oct. 11 to $55.90.
And last, iShares iBoxx $ Investment Grade Corporate Bond Index (LQD), the bond ETF. If you recall, we had two sets of prints, one at $121.40. And one $120.93. All week. You can see it’s been consolidating for two weeks and it’s most likely going to have a very, very big move. You can see on the weekly chart it’s really really tight consolidation. It’s definitely a power move. We’re going to be bullish above $121.50. And I’m going to be bearish below $120.50. We’re going to widen that out and when it starts to make a move, watch out!
So what are we watching this week? Massive prints on Caesars Entertainment Corporation (CZR). We had huge, huge prints, look at these guys today. We had a 600,000 share print at $12.08 and another 500,000 at $12.02 and 600,000 at $12.08. This is highly unusual. That last time we had big prints like this was Sept. 28, 29 before that Las Vegas shooting. I’m going to show you. We don’t normally get these. I tweeted out on my Whisper. It’s very highly unusual. Maybe somebody knew something.
This is how we’re going to trade this set of prints. We’re going to be bullish above $12.20 and I’m going to be bearish below $12. Those are key levels.
We also spotted a massive print on Target (TGT). Yes, huge, huge print. In fact, let me show it to you. Because seeing is believing, right? I just tweeted out on my Dark Pool app, which by the way, we just launched today. For those of you who have Android, you can download it from the Google Play store. However, if you have Apple, you’re going to have to wait a little bit longer, we’ll send out notification.
Look at this print, 1.8 million shares, this is enormous. $58.75. So I am bullish above $59. Only going to be bearish below $58.50.
Come watch me trade all day long in the Java Pit. Happy trading everybody! You can do a 30-day trial.
Recorded: Oct. 11, 2017 6:45 pm