Technical Analyst, Vermilion Research

Joe Jasper

Technical Analyst

Technical and Quantitative Research

Vermilion Research

Vermilion’s objective is to deliver timely, actionable, and unique technical research to professional investors through the application of our various technical indicators.

Our research strategists seek to highlight securities which we believe are at major inflection points, based on our various technical and quantitative indicators, and offer asymmetric risk/return profiles. Our unique research methodology, centered on relative strength, enables our strategists to deliver superior investment recommendations.

Our process begins by organizing the universe of actively traded stocks into discrete sectors, then into industry groups. We then apply our technical and quantitative tools to identify developing price trends. Once attractive trends are identified within a selected sector or group, we screen for individual stocks which we believe offer the best risk/reward profile. We provide a historical perspective that often reveals, through our long-term charts, how price patterns often repeat themselves over time.

Technical Analysis

The MSCI ACWI and S&amp;P 500 have both achieved a higher high relative to mid-April prices, which we see as a potential early indication of a bullish trend change. Combine this with improving market internals and we are becoming incrementally more bullish. For the MSCI ACWI, one of the more concerning breadth indicators has been the percentage of stocks above their 200-day moving average. This indicator recently hit a higher high (see below, left), a positive development that confirms the market’s recent advance. In today's report we highlight opportunities within global Energy and Technology companies, two of our overweights.

The MSCI ACWI and S&amp;P 500 have both achieved a higher high relative to mid-April prices, which we see as a potential early indication of a bullish trend change. Combine this with improving market internals and we are becoming incrementally more bullish. For the MSCI ACWI, one of the more concerning breadth indicators has been the percentage of stocks above their 200-day moving average. This indicator recently hit a higher high (see below, left), a positive development that confirms the market’s recent advance. In today's report we highlight opportunities within global Energy and Technology companies, two of our overweights. 

Global Energy Shares Breaking Out; Technology Remains Attractive

Asian Insight Provider - Actionable ideas, CrossASEAN Research

Henry Soediarko

Asian Insight Provider - Actionable ideas

CrossASEAN Research

At CrossASEAN Research we strive to produce unbiased and differentiated on the ground insights on companies across South East Asia. Our Research is produced for the most part after face to face meetings and conversations with company management to dig deep into the long term vision and strategy of the companies we cover. We seek to deliver investable and actionable themes on sectors and markets across SE Asia, often in collaboration with other Insight Providers across the region, pooling the vast experience of the analysts within the Smartkarma Ecosystem. We also offer bespoke work and tailor made trips for our clients. 

Insights across South East Asia

Equity Bottom-Up

Travelsky Technology Ltd H / Equity Bottom-Up

Worry about auditor change? Should not be - <a href="https://www.smartkarma.com/entities/19829" target="_blank" data-smartkarma-citation="entities:19829:1">Travelsky Technology Ltd H (696 HK)</a> was doing so to fulfill the requirement from the national watchdog. But the share price has been punished by the market; losing 16% YTD despite growing revenue, still zero debt and maintaining a positive outlook. In this report we shall discuss the following:<ol><li>change of auditor</li><li>the underperformance despite a better number operationally</li><li>it's still a buy for Travelsky</li><li>ideas for the hedgehogs</li></ol>

Worry about auditor change? Should not be - Travelsky Technology Ltd H (696 HK) was doing so to fulfill the requirement from the national watchdog. But the share price has been punished by the market; losing 16% YTD despite growing revenue, still zero debt and maintaining a positive outlook. In this report we shall discuss the following:change of auditorthe underperformance despite a better number operationallyit's still a buy for Travelskyideas for the hedgehogs

Travelsky: Change of Auditor, Recent Price Weakness, & Relative Value Opportunity

First mover's advantage, a high entry barrier, protectionist government policy for domestic flight booking, they sound like a lasting dominant market position for <a href="https://www.smartkarma.com/entities/19829" target="_blank" data-smartkarma-citation="entities:19829:1">Travelsky Technology Ltd H (696 HK)</a> .  A solid shareholder base that consists of the CAAC (regulator) and the domestic airlines in China creates a defensive business model for Travelsky. A front-to-back service provider for the air traveller that focuses on the Chinese market, Travelsky provides an exposure to the growing Chinese air travel industry without the capital-intensive business model that weigh-down the ROA.

First mover's advantage, a high entry barrier, protectionist government policy for domestic flight booking, they sound like a lasting dominant market position for Travelsky Technology Ltd H (696 HK) .  A solid shareholder base that consists of the CAAC (regulator) and the domestic airlines in China creates a defensive business model for Travelsky. A front-to-back service provider for the air traveller that focuses on the Chinese market, Travelsky provides an exposure to the growing Chinese air travel industry without the capital-intensive business model that weigh-down the ROA.   

The Sky Remains Blue for Travelsky: Not Cheap at Current Valuation but a Monopoly Play in China

Making sense of the Global Market, Euromonitor International Ltd.

Yu Mitsuhashi

Making sense of the Global Market

Euromonitor International Ltd.

We are a global market research company focused on industries, countries, economies and consumers worldwide. Our cross-country comparable research helps your organisation identify opportunities and develop growth strategies in countries and regions across the globe. With offices around the world, 1,200 analysts in 100 countries and market research on every key trend and driver, we give you powerful access to the real story behind consumer change.

Thematic (Sector/Industry)

The "internet of things" (IoT) concept is in its nascent stage of development, but it is on the verge of exploding. To put its development into context of another more recent phenomenon, this is the stage of development in which MySpace was attracting the earliest adopters in the then-burgeoning social media industry. Simply stated, there are many more iterations of the IoT universe until this concept reaches public consciousness.Even so, as consumers, devices and now things become more connected, the possibilities in terms of what could be leveraged as a vehicle for enabling commerce are now endless. In time, the idea of a smartphone as a commerce device could be old news as commerce moves beyond simply portable consumer devices to include durable goods, such as refrigerators, washing machines or automobiles.

The "internet of things" (IoT) concept is in its nascent stage of development, but it is on the verge of exploding. To put its development into context of another more recent phenomenon, this is the stage of development in which MySpace was attracting the earliest adopters in the then-burgeoning social media industry. Simply stated, there are many more iterations of the IoT universe until this concept reaches public consciousness.Even so, as consumers, devices and now things become more connected, the possibilities in terms of what could be leveraged as a vehicle for enabling commerce are now endless. In time, the idea of a smartphone as a commerce device could be old news as commerce moves beyond simply portable consumer devices to include durable goods, such as refrigerators, washing machines or automobiles.

5 Ways The Internet Of Things Will Influence Commerce

Information Technology Consultant

Ishita Jain

As I turn into bed, I can picture my mother telling me to brush before I sleep. However, in my wildest imagination, I cannot picture my toothbrush telling me how to brush correctly. But something tells me that I should get used to this very soon as a wave of dumb products suddenly become 'smart'. Artificial intelligence ("AI") and Internet of Things ("IoT") are changing the way we interact with everyday objects. With so much happening in this space, it can be overwhelming to make sense of it. This insight will help in that I will explain how AI and IoT come together. I will then follow it up with an insight on investing in this area.

As I turn into bed, I can picture my mother telling me to brush before I sleep. However, in my wildest imagination, I cannot picture my toothbrush telling me how to brush correctly. But something tells me that I should get used to this very soon as a wave of dumb products suddenly become 'smart'.   Artificial intelligence ("AI") and Internet of Things ("IoT") are changing the way we interact with everyday objects. With so much happening in this space, it can be overwhelming to make sense of it.   This insight will help in that I will explain how AI and IoT come together. I will then follow it up with an insight on investing in this area.

Artificial Intelligence & Internet of Things: Making Sense of It All

Spain

Amadeus IT Holding SA processes transactions for the global travel and tourism industry.  The Company processes transactions for airlines, hotels, rail operators, cruise lines and ferry operators, car rental companies, and tour operators.

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Amadeus It Holding Sa (AMS SM)

Global Energy Shares Breaking Out; Technology Remains Attractive

The MSCI ACWI and S&P 500 have both achieved a higher high relative to mid-April prices, which we see as a potential early indication of a...

Vermilion Research

Travelsky: Change of Auditor, Recent Price Weakness, & Relative Value Opportunity

Worry about auditor change? Should not be - Travelsky Technology Ltd H (696 HK) was doing so to fulfill the requirement from the national watchdog....

Henry Soediarko

The Sky Remains Blue for Travelsky: Not Cheap at Current Valuation but a Monopoly Play in China

First mover's advantage, a high entry barrier, protectionist government policy for domestic flight booking, they sound like a lasting dominant...

Henry Soediarko

5 Ways The Internet Of Things Will Influence Commerce

The "internet of things" (IoT) concept is in its nascent stage of development, but it is on the verge of exploding. To put its development into...

Euromonitor International Ltd.

Artificial Intelligence & Internet of Things: Making Sense of It All

As I turn into bed, I can picture my mother telling me to brush before I sleep. However, in my wildest imagination, I cannot picture my toothbrush...

Ishita Jain

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