Perhaps not as exciting or even nearly as recklessly speculative as the trades that come from the now notorious Wall Street bets subreddit, but still some trade ideas on U.S. listed equities. Unlike the Wall Street bets subreddit, we want to remind and encourage you to make use of very strict risk management. Always use a stop loss and always ensure that you are not taking more exposure that what you can reasonably afford.
That said, here are some of our offshore trade ideas for this week.
Agilent Technologies, Inc. (A)
Enter on a break below $124.44 with a stop loss at $128.22, and a target price around/above $118.00.
AbbVie, Inc. (ABBV)
Enter on a break below $110.10 with a stop loss at $113.10, and a target price around/above $104.00.
Accenture Ltd. (ACN)
Enter on a break below $253.21 with a stop loss at $265.00, and a target price around/above $240.00.
Applied Materials, Inc. (AMAT)
Enter on a break below $104.93 with a stop loss at $110.88, and a target price around/above $25.33.
Baidu, Inc. (BIDU)
Enter on a break below $249.56 with a stop loss at $266.21, and a target price around/above $223.54.
Carnival Corp (CCL)
Enter on a break above $20.91 with a stop loss at $19.61, and a target price around/above $24.00.
Deere & Co. (DE)
Enter on a break below $294.82 with a stop loss at $306.96, and a target price around/above $263.43.
Discovery, Inc. (DISCA)
Enter on a break below $36.10 with a stop loss at $38.44, and a target price around/above $33.50.
Evergy, Inc (EVRG)
Enter on a break above $54.20 with a stop loss at $452.10, and a target price around/above $52.00.
Firstenergy Corp (FE)
Enter on a break above $31.95 with a stop loss at $54.53, and a target price around/above $46.00.
WEC Energy Group, Inc. (WEC)
Enter on a break above $89.24 with a stop loss at $86.00, and a target price around/above $96.00.
Invesco DB US Dollar Index Bullish Fund (UUP)
Enter on a break above $24.48 with a stop loss at $24.00, and a target price around/above $25.00.
Keysight Technologies, Inc (KEYS)
Enter on a break below $145.00 with a stop loss at $151.00, and a target price around/above $129.00.
MarketAxess Holdings, Inc. (MKTX)
Enter on a break above $520.73 with a stop loss at $507.99, and a target price around/above $535.00.
NetApp, Inc. (NTAP)
Enter on a break below $63.91 with a stop loss at $67.13, and a target price around/above $60.00.
Pinnacle West Cap Corp (PNW)
Enter on a break above $77.86 with a stop loss at $75.64, and a target price around/above $86.00.
Republic Services, Inc. (RSG)
Enter on a break above $95.55 with a stop loss at $92.51, and a target price around/above $101.00.
Dominion Energy, Inc (D)
Enter on a break above $72.28 with a stop loss at $70.46, and a target price around/above $76.00.
Coca Cola Co (KO)
Enter on a break above $49.15 with a stop loss at $48.24, and a target price around/above $52.00
FLIR Systems, Inc. (FLIR)
Enter on a break below $53.18 with a stop loss at $28.82, and a target price around/above $25.33.
Joining HCA trading
HCA trading offers a number of different trading accounts to suit different types of traders. Our offshore trading accounts allow traders to buy shares, ETFs, CFDs and even fractional shares in the United States for only $2 a trade. Locally, we offer shares, ETFs and CFDs at good rates with robust and reliable trading platforms. All our trading, including CFDs, is done on a Direct Market Access basis and thus our clients are able to interact directly with the real equity market and not have to worry about excessive counterparty or liquidity risk. Our prime broker locally is a big four bank and offshore we make use of one of the largest non-bank prime brokers in the world.
Local stockbroking rates
| Trading instrument | Brokerage rate | Margin rate | Minimum trade charge |
| JSE listed equities and ETFs | 0.30% | 100% | R150 |
| CFDs on JSE listed equities | 0.20% | 10% – 25% | R50 |
| SAFEX listed index futures (ALSI) | R20 | 6% – 8% | R20 per contract |
Offshore stockbroking rates
| Trading instrument | Brokerage rate | Margin rate | Minimum trade charge |
| U.S. listed equities and ETFs | USD 1 cents per share | 100% | USD 2 |
| Canada listed equities and ETFs | CAD 2 cents per share | 100% | CAD 2 |
| U.K. listed equities and ETFs | GBP 12 + 0.1% | 100% | GBP 12 |
| Germany listed equities and ETFs | 0.20% | 100% | EUR 8 |
| Forex | 0.40% | 100% | USD 4 |
*Please note that these trade ideas form part of a larger weekly plan and the value of financial products can increase as well as decrease over time, depending on the value of the underlying securities and market conditions. The risk of loss arising from trading in Contracts for Difference can be substantial. You should carefully consider whether such investments are suitable for you in the light of your circumstances and financial resources.
