bullish
Tax-Loss Selling In Australia 2024 - Time To Reverse The Trade (7.2-8.6% Rtn in Two Months So Far)
452 Views26 Jun 2024 18:41
The 2024 Aussie Tax Loss Basket Trade made decent delta-neutral money in May and June. Now we reverse it and go long vs index. But it is very heavily resource-oriented this year.
What is covered in the Full Insight:
- Introduction to the Trade
- Historical Performance
- Performance Summary for 2024
- Next Steps and Strategies
- Conclusion and Trade Recommendations
Boomeranged on Thu, 27 Jun 2024 12:03
Many of the stocks in the most beaten-down list are Australia-listed lithium producers. Some down today. Others in Asia are down today too.
If one wanted to do a concentrated basket, one might look at going long PLS, IGO, LTR (and maybe some of the smaller ones) which are not up today after SQM US, ALB US, and ALTM US were all up 6.3%, 8.1%, and 12.2% last night (some may have been initiations).
SUMMARY
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Full Insight
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- Tax-Loss Selling in Australia 2024 - A Trade Basket [Updated]22 May 2024
- Tax-Loss Selling in Australia 2024 - Historical Analysis and A Trade Basket30 Apr 2024
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