Comments on: PALL Palladium ETF Trade Setup

By: becky

becky — Fri, 03 Apr 2020 18:56:43 +0000

SPPP is another way to gain exposure, however it’s not a purely palladium fund, platinum mixed into it too but charts look alike with PALL. It’s a little more expensive to borrow on IB, about 22% annual (PALL is about 20%), however there are plenty more shares available (about 90k) vs. only 2k shares of PALL.

By: rsotc

rsotc — Thu, 02 Apr 2020 13:19:09 +0000

In reply to jwconk. I suspect PALL will fall more than 18% over the next month. Plus, some brokers such as Interactive Brokers, may issue a rebate credit on a short position that offsets some or possibly all of the interest charge for shorting the shares.

By: rsotc

rsotc — Thu, 02 Apr 2020 13:11:43 +0000

The PALL set-up triggered a short entry on a break below 207.00 just before Wednesday’s close to become an Active Trade.

By: ds2000

ds2000 — Wed, 01 Apr 2020 20:02:52 +0000

@Rsotc this triggered in the very last minute of regular trading hours today. It's sure a compelling trade. Let's see what kind of wave we're about to ride.

By: Fisher76

Fisher76 — Wed, 01 Apr 2020 17:10:01 +0000

Does anyone in the UK know if it’s possible to sell a CFD on PALL or similar ETF? I’ve never tried.

By: PWL

PWL — Wed, 01 Apr 2020 16:46:03 +0000

In reply to jwconk. Looks like Schwab would let me do it: If this security becomes hard-to-borrow in the future, fees may be charged to support this short position.

By: ds2000

ds2000 — Wed, 01 Apr 2020 16:43:42 +0000

@rsotc Thank you for posting. I was wondering when you were get back to shorting PALL. One thing we know... very few people are going to be out shopping for new cars over the next 6 months.

By: jwconk

jwconk — Wed, 01 Apr 2020 16:35:13 +0000

18% Annual Interest to borrow shares at Fidelity…