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

<p>The S&amp;P 500 was not able to break through the 2,817 and 100-day moving average resistance levels last week, and has now fallen abruptly back to test 2,600 support. For now our outlook remains cautious and we continue to expect heightened volatility and horizontal consolidation between the aforementioned support and resistance levels. Absent any real clarity in regards to Fed policy or U.S.-China trade relations, the S&amp;P 500 is vulnerable to a breakdown.  We highlight opportunities within Pharmaceuticals and Waste Services, two areas of the market with defensive characteristics that currently exhibit timely technicals.</p>

The S&amp;P 500 was not able to break through the 2,817 and 100-day moving average resistance levels last week, and has now fallen abruptly back to test 2,600 support. For now our outlook remains cautious and we continue to expect heightened volatility and horizontal consolidation between the aforementioned support and resistance levels. Absent any real clarity in regards to Fed policy or U.S.-China trade relations, the S&amp;P 500 is vulnerable to a breakdown.  We highlight opportunities within Pharmaceuticals and Waste Services, two areas of the market with defensive characteristics that currently exhibit timely technicals.

<p>We remain extremely cautious and expect consolidation, volatility, and lower prices to continue as the market searches for a bottom.  In today's report we recap our U.S. equity investment thesis and highlight attractive Groups within Services and Utilities: SV-16 Waste Services, Small-Cap, and UT-06 Electric, Midwest.</p>

We remain extremely cautious and expect consolidation, volatility, and lower prices to continue as the market searches for a bottom.  In today's report we recap our U.S. equity investment thesis and highlight attractive Groups within Services and Utilities: SV-16 Waste Services, Small-Cap, and UT-06 Electric, Midwest.

U.S. Equity Update - Cautious Outlook, Downgrading Manufacturing

Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

Casella Waste Systems Inc A / Equity Bottom-Up

<ul><li>Casella Waste Systems Inc. recently held its first-quarter 2025 earnings discussion, reporting commendable progress with revenues, adjusted EBITDA, and adjusted free cash flow all increasing over 20% year-over-year, marking records for the first quarter.</li><li>The company's strategic focus on expanding fleet automation, enhancing internal volume processing, and improving employee retention is yielding favorable outcomes.</li><li>Casella Waste continues to effectively integrate acquisitions from the past two years, highlighting robust merger and acquisition activity, including four acquisitions in the current year, collectively contributing approximately $50 million in annualized revenues.</li></ul>

Casella Waste Systems Inc. recently held its first-quarter 2025 earnings discussion, reporting commendable progress with revenues, adjusted EBITDA, and adjusted free cash flow all increasing over 20% year-over-year, marking records for the first quarter.The company's strategic focus on expanding fleet automation, enhancing internal volume processing, and improving employee retention is yielding favorable outcomes.Casella Waste continues to effectively integrate acquisitions from the past two years, highlighting robust merger and acquisition activity, including four acquisitions in the current year, collectively contributing approximately $50 million in annualized revenues.

Casella Waste Systems: An Acquisitive Growth Strategy

<ul><li>Casella Waste Systems, Inc. has reported robust financial results for the fourth quarter and full year 2024.</li><li>The company demonstrated significant growth across various key metrics, closing the year on a positive note.</li><li>Throughout 2024, Casella Waste Systems executed on strategic acquisitions, expanded its revenue base, and fortified its operational efficiencies.</li></ul>

Casella Waste Systems, Inc. has reported robust financial results for the fourth quarter and full year 2024.The company demonstrated significant growth across various key metrics, closing the year on a positive note.Throughout 2024, Casella Waste Systems executed on strategic acquisitions, expanded its revenue base, and fortified its operational efficiencies.

Casella Waste Systems Taps Hidden Gold in Landfill Internalization—Will It Work?

<ul><li>Casella Waste Systems, Inc. (CWST) reported its third-quarter 2024 earnings, showcasing both promising growth initiatives and certain operational challenges.</li><li>The company continues to focus on strategic acquisitions and enhancing operational efficiencies, aligning its activities with its long-term growth strategy.</li><li>A notable achievement for Casella was the completion of its sixth acquisition of the year, closing the Royal acquisition at the beginning of October.</li></ul>

Casella Waste Systems, Inc. (CWST) reported its third-quarter 2024 earnings, showcasing both promising growth initiatives and certain operational challenges.The company continues to focus on strategic acquisitions and enhancing operational efficiencies, aligning its activities with its long-term growth strategy.A notable achievement for Casella was the completion of its sixth acquisition of the year, closing the Royal acquisition at the beginning of October.

Casella Waste Systems: Internalization & Cost Optimization As A Pivotal Growth Engine! - Major Drivers

United States

Casella Waste Systems, Inc. provides integrated, non-hazardous solid waste services throughout the eastern United States.  The Company provides collection, transfer, disposal, and recycling services, generates steam, and manufactures finished products utilizing recyclable materials primarily throughout the eastern portion of the United States.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Casella Waste Systems Inc A (CWST US)

S&P 500 Revisiting 2,600 Support

The S&P 500 was not able to break through the 2,817 and 100-day moving average resistance levels last week, and has now fallen abruptly back to...

Vermilion Research

U.S. Equity Update - Cautious Outlook, Downgrading Manufacturing

We remain extremely cautious and expect consolidation, volatility, and lower prices to continue as the market searches for a bottom. In today's...

Vermilion Research

Casella Waste Systems: An Acquisitive Growth Strategy

Casella Waste Systems Inc. recently held its first-quarter 2025 earnings discussion, reporting commendable progress with revenues, adjusted...

Baptista Research

Casella Waste Systems Taps Hidden Gold in Landfill Internalization—Will It Work?

Casella Waste Systems, Inc. has reported robust financial results for the fourth quarter and full year 2024. The company demonstrated significant...

Baptista Research

Casella Waste Systems: Internalization & Cost Optimization As A Pivotal Growth Engine! - Major Drivers

Casella Waste Systems, Inc. (CWST) reported its third-quarter 2024 earnings, showcasing both promising growth initiatives and certain operational...

Baptista Research

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)