The Weekly Whisper Video from the Dark Pool: XOP, RSX, TLT

11/03/2017 5:17 am EST

Focus: STOCKS

Stefanie Kammerman

Founder, Stock Whisperer Trading Company

Stefanie Kammerman, the Stock Whisperer live from TradersExpo Las Vegas, to tell you the Whisper of the Week: XOP, RSX, TLT and recaps of AT&T and Caesars Entertainment Corporation in my weekly Thursday video under five minutes and my transcript.

Before we get to this week’s Whisper, let’s talk about the last Whisper on Oct. 25.

We had put eye still on Caesars Entertainment Corporation (CZR) after spotting those massive prints on the $12 level, popped all the way to $13. However, earnings are coming out after the bell, so I would definitely urge you to exit pre-earnings. That’s gambling. It had a nice pre-earnings run.

Also, AT&T (T), we had a massive 15 million print on AT&T and not much happened yet. We did make a move to $34 Monday but not above that. It moved back down. We’re testing it, even as we speak Nov. 1. It’s trading at $33.46, 2 cents shy of the print so I’m still going to be bullish on a close above $34, I’m still going to be bearish on a close below $33, so still keep you eye on it.

So, what are we watching today? Oil, we have been so bullish on oil for a very long time but guess what happened today? We hit our upper trend line today. This is a weekly chart, we’re going to zoom in so you can see this dotted line, my trend line. We hit it this morning and we pulled back. We really need to close above that $55 area strong for us to break to the upside for $60. That would be our high end target.

But guess what we spotted today? Prints on oil, first we got these prints on VanEck Vectors Russia ETF (RSX), it’s the Russia ETF but that’s related to oil, a massive print, look at this 1 million at $22.17. So, we’re only going to be bullish above $22.25, you can see right here on my daily chart, that’s resistance, but we can break above that, a lot of room to the upside. So, keep your eye on RSX.

Also, we got another print on SPDR S&P Oil & Gas Exploration & production ETF (XOP), this is the oil and gas exploration ETF. Here’s a big print 2.8 million that’s massive at $35.20. We’re going to be bullish at $35.50, we’re going to give it a little bit of room here. You can see this trend line. If we break above $35.50, and of course, we could have a retracement, if it’s big money, smart money selling…we could retrace all the way back to $34.20 and I would be bearish below $35 on that.

Also, we’re watching iShares Barclays 20+ Year Treasury Bond ETF (TLT) bonds, that’s another trend change possibility at $125. We tested it today pullback, if we can close strong above that within the next day or two, bullish on TLT.

We did have some huge buy prints last week on Oct. 25, a half-million almost at $122.80, another almost 300,00 at $122.70, very large, they all came through last week. The question is, can we break above that and change the trend from a downward trend to an upward trend?

Come watch me trade all day long in the Java Pit. Happy trading everybody!

I’m at the TradersExpo in Las Vegas Nov. 2-4.

Recorded: Nov. 1, 2017, 1 pm
Duration: 3:56

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

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