Dark Pool Weekly Whisper Video: Canopy Growth (WEED)

02/22/2018 4:49 pm EST


Stefanie Kammerman

Founder, Stock Whisperer Trading Company, The

Stefanie Kammerman, the Stock Whisperer, to tell you the Whisper of the Week: Canopy Growth (WEED) in my weekly Thursday video under six minutes and my transcript. And recaps of last time: USO, XOP, SBUX, DIS, SPY, GLD, TLT. I’m at Traders Expo in New York Feb. 25, 26, 27.

But before we get to this week’s Whisper, Feb. 21 let’s talk about the last Whisper Feb. 14, Valentine’s Day.

Yeah, we had out eyes on United States Oil Fund LP ETF (USO). We spotted those massive prints at $11.90. We were bullish above and you can see it went all the way to $12.55, so many of our traders rocked that one in our Trading Room.

Also, we had our eye on SPDR S&P Oil & Gas Explore & Production  (XOP).  We also spotted a really big print at $33.85. We were only bullish above $34.25. And you can she could not climb up the hill, therefore did not take that trade.

But Starbucks (SBUX) was a great one. A caffeinated journey it had this past week. We were bullish on Starbucks above $55.60, that was the print. We were bullish above $55.80. Then $56, it rocketed all the way to $57.

And Disney (DIS), yeah Disney had a really, really nice pop. The prints were at $104.23. We were bullish above $105. It went all the way to $107.50, so this is a great swing trade this week. Hope you guys got a piece of it.

We did spot a pretty big print on Disney Feb. 21. If you guys have my Dark Pool app, I was tweeting about it. If you don’t, let me just show you a sneak preview. This is what I’ve been tweeting all day: 900,000 print on Disney $106.15,  bullish above $106.50, could not break above that. Instead went below $105.50. So long as it stays below, this is a really good short at the end of the day.

We’re going to be bearish on Disney.

Also brought to your attention the SPDR S&P 500 (SPY). We had massive 53 million print on the SPY Feb.  6, that was the biggest level at $264.46 right that was a big level. We were bullish above it. Well, guess what, just recently Friday, Feb. 16 we had another big level. And if you follow me on my Dark Pool app, I tweeted it out.

We were bearish below $272.97 and you can see she could not hold it at the end of the day, we started to come down. We had very light Dark Pool prints Feb. 21 and I expect to see late Dark Pool sell prints Feb. 22, will definitely post them out.

But you guys, this is really bearish right now. I expect us to go down and retest $264.46. That will be the first level and if we can hold that, I can see us coming all the way down to about $258. These are really, really key levels.

However, if we go up Feb. 22 and we break above $272.97, we have to close above that, then I would turn bullish again. But right now it’s not looking so good. Actually, I would only be bullish above $275, really key level okay but did not look good. The price action was just not great Feb. 21.

Where is the money going? Where is the money going?

It’s not going into SPDR Gold Trust ETF (GLD).  No prints on GLD.

It’s not going into bonds. There’s no prints on iShares Barclays 20+ Year Treasury Bond ETF (TLT).  I did see some prints on T-bills, that’s a safe haven, but we can’t really trade that.

What could we trade? I’ll tell you where the money’s going.

It’s going into another hot commodity: marijuana.

Check out Canopy Growth (WEED). Look at the volume that came into this. I’m telling you, this is where the money is going but I’m going to be bullish above $30 on Canopy Growth. You can also track it Canopy Growth (TWMJF). And I’m going to be bullish above $23.75. We had a high volume here on this candle and if we can close above that, definitely see higher highs.

So come into my Live Trading Room. Download my Dark Pool app. Put in the search bar Dark Pool and you’ll see the app. Download it today. You’ll see where the smart money’s going, where the Dark Pool is going.

And come to New York TradersExpo Feb. 25, 26, 27. I’ll be teaching you how to trade around the Dark Pool and also how to trade cryptocurrencies.

Recorded: Feb 21
Duration: 6:24

At TradersExpo, Stefanie Kammerman describes her new Dark Pool app and shares how she was inspired as a writer and musician. Video interview here.

Recorded: Nov. 3.
Duration: 4:29.

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

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