Trade ideas and insights
We share some of the trade ideas generated within our HCA trading community. Trade ideas here are generated from the collaboration between our strategists, traders and clients. We also share tax insights for traders and investors, as well as, general news and updates from team.
Every week needs a new plan! Markets change all the time. New fundamental drivers emerge, technical setups mature or fail and our trading plan must adjust in order to keep up with the ever changing environment. Here we will highlight some of the trade ideas that are generated within our client community so that you can stay on top of what our HCA trading community is looking out for and planning to trade at the beginning of each week.
The bull is strong yet!
We saw some fear and panic… for about a whole week. Well, in truth, the institutional money didn’t even flinch. The market bounced hard. The Evergrande situation unfolding in China is still rather risky, although it seems that the CCP are doing a rather good job at a ‘controlled demolition’. They might be making an example of Evergrande in an effort to cool off property speculation in general. There have also been some large repurchase agreement (repo) activity over the weekend, which is indicative of monetary stimulus measures to prevent contagion into other sectors. For now it seems, with some help from central banks (as usual), that the bull is strong yet!
It might get a little bumpy
Last week we pondered the idea of hedging longer-term portfolios for some downside protection. We also looked at a few instruments that could easily be added to your portfolio in order to provide that protection. This week we do not really have much to add, other than to reiterate the warning given last week. We think that it might get a little bumpy over the coming weeks. Thus we are happy to sit with some short protection and wait for better setups.
Time to hedge portfolios?
are the fund managers. In fact, allocations into equities are the highest they’ve been since the 2009 global financial crisis. This worries us. Which has us asking if it’s time to hedge portfolios?
From time to time we will be sharing some of the ideas that our strategists generate in the global market arena. These views and ideas will likely not come every week, although as and when they do, we will share selected ideas here so that you can stay on top what our team is looking out for.
What are NFTs and why do they matter?
Non-fungible tokens or NFTs are taking the world by storm and you should probably start paying attention. It is the newest craze in crypto, which can be confusing to wrap your head around, but it could possibly hold the most utility in this landscape so far.
NFTs are essentially unique tokens that prove individuality. Unlike with cryptocurrency where one Bitcoin holds the same value as another Bitcoin, NFTs are something completely on their own. They are stored digitally on the blockchain and promote the culture of uniqueness.
Four US trades for the week
When it comes to speculative trading, we like to ensure that we clear our minds of bias as often as we can and allow the charts to dictate our trades. This week we have four US trades that we think have good risk-reward setups.
Long and strong
It’s almost time again for the U.S. markets to open for the week. As usual, we have some offshore trade ideas to help you prepare for the week ahead. Mostly, our ideas this week are bullish, as the U.S. market is staying long and strong. Just remember, as always, that stop losses save lives. So make sure you manage your risk before anything else.
Our specialist tax consultant and Registered Tax Practitioner shares some useful insights every month to help you stay on top of and efficiently manage your tax affairs.
Expenses traders can claim from income tax
The deadline for submissions of income tax returns is on the 16th of November 2020. We’re assuming that there still a few of you out there who have not yet finalised or submitted your income tax returns. So, we’d thought that we would do a quick post to give you some guidance on what expenses traders are able to claim in their income tax returns.
Depreciation in your tax return
An important thing to keep in mind when doing your annual tax returns is whether any depreciation can be claimed against your earnings. This may seem like a strange thing for a salaried individual to think of, but if you have had to buy a laptop or a piece of equipment for work, it applies to you.
Tax treatment for individuals with multiple income streams
Over the last few weeks we’ve noticed a trend among the tax queries we are receiving. Rather a lot of the questions we’ve received have been around the tax treatment of income generated from trading and investment activities, over and above salaries earned. We’ve received questions like; how do I report additional income on my taxes?, how do I claim stock losses on my taxes?, what is a tax directive? Therefore we thought it would be helpful if we shared some tax guidance for individuals with multiple income streams.
