Silver Junior MinersFor me, the true bind blowing run for silver junior miners starts when the silj ETF is above $18.
Whatever happens before is simply the pre game show.
Key stats
About Amplify ETF Trust Amplify Junior Silver Miners ETF
Home page
Inception date
Nov 28, 2012
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Amplify Investments LLC
Distributor
Foreside Fund Services LLC
SILJ tracks an index of smaller stocks from around the world that derive revenues, have market share or are engaged in silver exploration/development. To determine silver revenue percentages, securities are assigned a Metals Focus sector (e.g., Project Development, Silver Mining, Streaming, Diversified Mining, etc.). The fund calculates a theme-adjusted free-float market value for each security based on their market cap and Metals Focus. Pure-play companies are overweighted after initial weights are determined based on the securitys theme-adjusted free float market value divided by the aggregate value of all securities. The portfolio is then adjusted based on market cap, subject to constraints. The index is reconstituted semi-annually and rebalanced quarterly. Prior to Jan. 29, 2024, the fund was called ETFMG Prime Junior Silver Miners ETF that tracked the Prime Junior Silver Miners & Explorers Index. Prior to May 3, 2024, the fund tracked the Nasdaq Metals Focus Silver Miners Index.
Classification
What's in the fund
Exposure type
Non-Energy Minerals
Stock breakdown by region
Top 10 holdings
Silver Junior Miners bullish viewThe Silver Junior Miners are poised for significant growth as we move forward.
Please keep in mind that this is not financial advice. It's important to practice sound risk management. If you find this idea interesting, feel free to boost and share! :)
Bearish hammer on 6M chartI sold all of my AMEX:SILJ last week, which I'd typically wait for the yearly candle to close but it seemed like it was barely holding on by a thread and might not wait the few more days. Then the bottom completely fell out this morning. Whew, close call
The 6M candle looks like death. I'm sti
Metals & Miners Are About To EXPLODE HIGHER (50%-100%+)Please don't miss this opportunity.
I've been studying the metals charts, and last weekend, the SILJ chart caught my attention.
I started looking at longer intervals (Weekly and Monthly) to see what I could find.
XME and SILJ are showing excellent Inverted Excess Phase Peak patterns that may res
SPY/QQQ Plan Your Trade For 11-25-24 - Carryover TrendToday's pattern is a Carryover in Trend mode. Obviously, this is a holiday week, and because of low liquidity, I expect to see moderately wild price volatility.
Stay cautious, as price moves could be exaggerated this week.
Gold and Silver are still attempting to break higher and trading in a conso
Silver Dollar in Ya FaceIf this doesnt mean anything to you, go back to bed. This is ready to go. This one is slow and steady, so if you want fast money, go elsewhere.
SILJ- Parabolic move comingAs discussed, similar to Gold Miners, the Silver Junior Miners will go parabolic as we move ahead.
Kindly note, this is not a financial advise. Please consider proper risk management.
If you like this idea, please like and share. :)
Silver Miners pop, down and then launchI feel a flash crash coming on, similar to Covid - wouldn't surprise me if Birdflu was the catalyst (see my NASDAQ:GILD idea). The patterns line up exactly the same. You can't see it with this picture, but tons of my indicators are going off -which I will post below. Silver Miners will exit the as
Silver Miners vs Silver SpotThis might be the explosion that will kickstart the silver stocks. This chart is showing a possible W formation that's about to break out... as well as the 25 weekly crossing the 52 weekly, which is usually pretty significant. Lastly, if it can break above the ichimoku cloud, then this ride might ta
SILJ breakoutSILJ has clearly broken out...it is approaching the 200MA on a weekly TF (Red MA)...expect a reaction at this level...may want to take some off around this level...perhaps a decent pb...a chance to reload if you ask me!
See all ideas
Summarizing what the indicators are suggesting.
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Neutral
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Moving Averages
Neutral
SellBuy
Strong sellStrong buy
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Moving Averages
Neutral
SellBuy
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Displays a symbol's price movements over previous years to identify recurring trends.