Market Update - 2/16/2024• Mixed signals -> large caps seem like they are just starting a new uptrend while small caps are looking the worst in a while
• Breakouts overall still don't seem to work, EPs are probably better and pullback buys, though I haven't seen much traction (nor do I have much experience in those tbh)
• G
WISDOMTREE MULTI ASSET ISSUER PLC WISDOMTREE PALLADIUM 2X DAILY LEVERAGED
No trades
Key stats
About WISDOMTREE MULTI ASSET ISSUER PLC WISDOMTREE PALLADIUM 2X DAILY LEVERAGED
Home page
Inception date
Jul 5, 2013
Structure
Special Purpose Vehicle
Replication method
Synthetic
Primary advisor
WisdomTree Management Ltd.
ISIN
IE00B94QLN63
WisdomTree Palladium 2x Daily Leveraged is a fully collateralised, Exchange-Traded Commodity (ETC) designed to provide investors with a leveraged exposure to Palladium. The ETC provides a total return comprised of 2 times the daily performance of the Solactive Palladium Commodity Futures SL index
Classification
End of Year Palladium Bull Run \o/From the current notation, I see this leveraged ETF on Palladium rising approximately 45% until the end of the year. The reasons are as follows:
Fundamental Factors : With increasing sanctions on Russia, one of the main exporters of palladium, global supply may become constrained. Furthermore,
Market Update - 9/1/2024• market continues to be in a bull market
• good economic data and sticky inflation led to a selloff in TLT -> rate cuts might not be as soon or as aggressive. but good economic data is good for equities
• lots of setups in healthcare and finance names
• tech is still in correction and small caps ar
VIX could explode anytimeCan you remember the Corona Crash?
VIX spiked up to a reading of 80. and VIXL made a stunning 3500% profit!!!
I think a similar event is about to happen over the next 6 month's. (most likely just around the corner)
Right now we are in a Bear Market, and we haven't seen capitulation yet, which is
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
2PAL trades at 7.5650 USD today, its price has risen 1.29% in the past 24 hours. Track more dynamics on 2PAL price chart.
2PAL net asset value is 7.49 today — it's risen 0.96% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
2PAL assets under management is 13.58 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
2PAL price has risen by 3.92% over the last month, and its yearly performance shows a −16.87% decrease. See more dynamics on 2PAL price chart.
NAV returns, another gauge of an ETF dynamics, showed a 7.38% increase in three-month performance and has decreased by −21.50% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 7.38% increase in three-month performance and has decreased by −21.50% in a year.
2PAL fund flows account for −2.55 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
2PAL expense ratio is 0.95%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
Yes, 2PAL is a leveraged ETF, meaning it uses borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, 2PAL technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating 2PAL shows the sell signal. See more of 2PAL technicals for a more comprehensive analysis.
Today, 2PAL technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating 2PAL shows the sell signal. See more of 2PAL technicals for a more comprehensive analysis.
No, 2PAL doesn't pay dividends to its holders.
2PAL trades at a premium (0.91%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
2PAL shares are issued by WisdomTree, Inc.
2PAL follows the Solactive Palladium Commodity Futures SL Index - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jul 5, 2013.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.