WPM trade ideas

The_dumpster_diver

powell speaks tomorrow in my opinion based on data ive been watching he may emphasize the need to be proactive. to be swift. the tool belt as he described last speech will require creativity due to limited abilities on a historical basis.

The_dumpster_diver

so the theory here is: not all ETF holdings are created equally. WPM has a 15-25% holdings weight in a few silver mining etfs. with the feds pivot and likely need to make aggressive accommodation in the future and likely resumption of QE. id expect money to flow likely wine into precious metals etfs. but... not all etf holdings are evenly distributed. wpm is one...

rwoods187

I like WPM, but it trades better on an inflationary run more than anything. Silver is the bulk of its streams which should not perform in an industrial slowing environment. This stock is on its high end and I think it is a fish out of water. Buy it later when it pulls back.

etfsandstuff Updated 

Long idea

WadeYendall

WPM has potential to retake recent highs with another push up in gold.

The_dumpster_diver

part of my studies into hacking order flow. WPM makes up roughly 20% of the sil etf and comprises a major holding in other major metals etfs. that being said money flow is not equally distributed and is based on a certain weighting. this is the same concept of how i played BA from december melt down. the idea is to capture the uneven distribution based on the...

The_dumpster_diver

gold, silver, and bonds want to hear powell say uncle. rather playing any i prefer to choose the biggest holdings within those sectors. one stands out to me option wise, asset allocation wise, and pattern wise. wpm is about to make itself at home in ranges not seen for some time.

Biotin770 Updated 

Price above the cloud ( bullish ) Above 200MA ( bullish ) Buy $21.38 Take Profit: 22.56 R=2 Stop Loss: $20.84 Thank You All comments are welcome

sykXBT

19.20 entry looking for a 12-15% long

DefiSenpai

The best TA from yours truly

Tactical_Charts_CMT

Risk/reward compelling and silver has greatly underperformed gold.

HAL9000

On Friday, June 16, we successfully closed our previous short-put trade on WPM (see previous post below). Today WPM is showing continued signs of weakness, in an otherwise strong market. It is currently trading towards the lows of its trading range. It could continue to show weakness if the broader market continues its journey upwards. However, in the context of...

eagle.one Updated 

1. If the Trump will not pass his tax reform and has more problems inside US (FBI case), a market may correct and at that time, the precious metal may rise. 2. USD is weakening ---> price of precious metal will increase. Target around 30 USD.