Dark Pool Weekly Whisper Video: Oil DBO, Dollar USDU, and bonds AGG, TLT

03/01/2018 4:51 pm EST


Stefanie Kammerman

Founder, Stock Whisperer Trading Company, The

Stefanie Kammerman, the Stock Whisperer, to tell you the Whisper of the Week: DBO, USDU, AGG, TLT in my weekly Thursday video under six minutes and my transcript. And recaps of last time: SPY, WEED.

But before we get to this week’s Whisper, Feb. 28 let’s talk about the last Whisper Feb. 21. Well, I really didn’t see anything I liked last week. Yeah, just nothing great.

And as you can see, the SPDR S&P 500 (SPY) had a sideways consolidation and we had a little pull up and then Feb. 27 and 28, it had a big pullback.

Let’s just talk about the SPY first. We had these very big levels that have come in lately. We had a 20 million level Dark Pool $272.97 and Feb. 28 we went below that. If we stay below that, going to be bearish.

The next level down is $270.04, it’s about 15 million. But the big level the one we really need to watch is $264.46. That was a 53 million Dark Pool level. That was massive. I haven’t seen a level like that since 2015. OK, so key level, if we do break below there, look out below, we’ll go much, much lower.

Last week the only thing I saw that was decent was Canopy Growth (WEED). We saw volume going into WEED and I was only bullish above $30. That was a major, major level. Could not break above that so therefore we did not take the trade but continue to watch and around the future may break that. That’s where the sellers have been lined up.

I spotted pretty big selling Feb. 28 in PowerShares DB Oil Fund ETF (DBO), this is what I been watching. We had prints at about $10.25, $10.40 last week then we had prints at $10.84 this week and then Feb. 28 a 3 million print at $10.65 looks like selling. If we break below $10.25, that’ll be very bearish for oil, this is an oil fund.

Now watch this chart on the dollar. Here’s a weekly chart been watching this for a really, really long time, weeks and weeks you see these trend lines I’ve drawn in green, we’ve been consolidating for about six weeks now.

We spotted massive prints on WisdomTree Bloomberg US Dollar Bullish Fund ETF (USDU) that’s a dollar ETF at $25.27 and guess what happened today? We broke above that level and check out what this dollar did. We’ve broken above this trend line. If we close above this on the week, gonna be very strong for the dollar, which will bring oil down. That’s what the fundamentals say, but I’m going to follow the prints OK. Prints are so key and it looks like that’s what’s going to happen.

Also, let’s talk about bonds. I spotted some really big prints on iShares Barclays Aggregate Bond Fund (AGG) Feb. 27. Massive 800,000 print on AGG at $106.47 and we are above that. So that’s going to be bullish in the short term for these US bonds.

I do like to trade iShares Barclays 20+ Year Treasury Bond ETF (TLT). Watch this $119 level, going to be bullish above.

So, come me trade stocks in 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.

Recorded: Feb 28
Duration: 5:04

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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