Fundamental Principles of the Stock Market, From 0 to 1 in the Stock Market

From 0 to 1 in the Stock Market

Fundamental Principles of the Stock Market

Fundamental principles of the stock market, earnings reviews and research. My name is Giuliano Mana, I’m 23 years old. I have a B.A Degree in Finance and I’m a Master’s candidate at Brandeis IBS. I’ve been thoroughly going over huge amounts of reading material regarding the stock market and hope to transmit some insights here.

Equity Bottom-Up

<ul>
<li>The last twelve months were, market-wise, interesting. Multiple things have happened that contributed to changes in my thinking-process.</li>
<li>Refining thoughts and the mental mechanism I utilize to approach portfolio management should lead to success, or at least that is my hypothesis.</li>
<li>Continuous learning allows for building more solid premises. Given time, compound interest sharpens them to the point where chances of error are minimum.</li>
</ul>


The last twelve months were, market-wise, interesting. Multiple things have happened that contributed to changes in my thinking-process.
Refining thoughts and the mental mechanism I utilize to approach portfolio management should lead to success, or at least that is my hypothesis.
Continuous learning allows for building more solid premises. Given time, compound interest sharpens them to the point where chances of error are minimum.


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

Nasdaq-100 Stock Index / Technical Analysis

<ul>
<li>In last week's Compass (Feb. 22) we discussed our belief that a pullback has begun, and signs continue to point to more downside ahead on the broad market indexes</li>
<li>There has been four failed attempts to reclaim $190 on the Russell 2000 (IWM) and $297 on the Nasdaq 100 (QQQ) over the last five trading days.</li>
<li>These remain important lines in the sand moving forward. Attractive stocks: TPX, LZB, SNBR, ETD, HOFT, FLXS, KEX, SBLK, CMRE, DAC, EGLE, GNK, ASC, GSL, DSX, SB, NM, EURN, more</li>
</ul>


In last week's Compass (Feb. 22) we discussed our belief that a pullback has begun, and signs continue to point to more downside ahead on the broad market indexes
There has been four failed attempts to reclaim $190 on the Russell 2000 (IWM) and $297 on the Nasdaq 100 (QQQ) over the last five trading days.
These remain important lines in the sand moving forward. Attractive stocks: TPX, LZB, SNBR, ETD, HOFT, FLXS, KEX, SBLK, CMRE, DAC, EGLE, GNK, ASC, GSL, DSX, SB, NM, EURN, more


Signs Point to More Downside Ahead; Breadth Deteriorating; Buys in Home Furnishings and Shippers

High Quality Stock Setups, Weekly Stock Bull Finder

Weekly Stock Bull Finder

High Quality Stock Setups

Finding high potential stock setups on quality companies

Thematic (Sector/Industry)

These days, it seems to me that the business media and Twitter is all consumed with predicting when a U.S. economic recession will occur coupled with lots of predictions of whether each strong relief bounce we have in the market is “the bottom”.This past week, big box retailers like Target and Walmart saw big drawdowns after margins were impacted by rising shipping and labor costs while facing extremely difficult year-over-year comparatives.Given the current market drawdown, I also get the sense now that the emerging consensus and narrative of an imminent “crash” recession is what I call “one side of the boat” thinking which the market has a habit of doing the opposite.

These days, it seems to me that the business media and Twitter is all consumed with predicting when a U.S. economic recession will occur coupled with lots of predictions of whether each strong relief bounce we have in the market is “the bottom”.This past week, big box retailers like Target and Walmart saw big drawdowns after margins were impacted by rising shipping and labor costs while facing extremely difficult year-over-year comparatives.Given the current market drawdown, I also get the sense now that the emerging consensus and narrative of an imminent “crash” recession is what I call “one side of the boat” thinking which the market has a habit of doing the opposite.

<ul>
<li>Our key "lines in the sand" were tested last week, including 4257 on the S&amp;P 500, $334 on QQQ, 33,250 on the DJIA, and $102.50 on the S&amp;P 600 (IJR).</li>
<li>After a brief dip below these levels, buyers immediately stepped up and reclaimed these supports. It was a clear win for the bulls (for now).</li>
<li>Attractive and actionable Groups highlighted include fertilizer (ag chemicals), aerospace/defense, and shipping.</li>
</ul>


Our key "lines in the sand" were tested last week, including 4257 on the S&amp;P 500, $334 on QQQ, 33,250 on the DJIA, and $102.50 on the S&amp;P 600 (IJR).
After a brief dip below these levels, buyers immediately stepped up and reclaimed these supports. It was a clear win for the bulls (for now).
Attractive and actionable Groups highlighted include fertilizer (ag chemicals), aerospace/defense, and shipping.


Volatility & Consolidation Continues; Buying Ag Chemicals, Aerospace/Defense, and Shipping Stocks

<ul>
<li>Sovereign 10-year yields are hitting multi-year highs in the US, UK, Germany, France, Japan, and India (among others). This is a positive for shipping stocks on two levels.</li>
<li>(1) Rates moving higher generally suggests robust GDP growth, and more economic activity means more need for shipping.</li>
<li>(2) Value stocks historically outperform in rising rate environments, and most of the shipping stocks highlighted today have P/Es in the 4-6X range, putting them squarely in the value camp.</li>
</ul>


Sovereign 10-year yields are hitting multi-year highs in the US, UK, Germany, France, Japan, and India (among others). This is a positive for shipping stocks on two levels.
(1) Rates moving higher generally suggests robust GDP growth, and more economic activity means more need for shipping.
(2) Value stocks historically outperform in rising rate environments, and most of the shipping stocks highlighted today have P/Es in the 4-6X range, putting them squarely in the value camp.


Shipping Stocks Set Sail; Buy DAC-US, SBLK-US, ZIM-US, GSL-US, GNK-US, GOGL-US, 316-HK,& MAERSK.B-DK

Bermuda

Golden Ocean Group Limited operates as an international dry bulk shipping company based in Bermuda. The Company mainly operates in the Capesize and Panamax market segments. Golden Ocean Group's fleet is managed by Golden Ocean Group Management (Bermuda) Limited.

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Golden Ocean (GOGL US)

2023 Shareholder Letter

The last twelve months were, market-wise, interesting. Multiple things have happened that contributed to changes in my thinking-process.

From 0 to 1 in the Stock Market

Signs Point to More Downside Ahead; Breadth Deteriorating; Buys in Home Furnishings and Shippers

Signs continue to point to more downside ahead on the broad market indexes with 4 failed attempts to reclaim $190 on $IWM and $297 on $QQQ over the...

Vermilion Research

Weekly Stock Bullfinder - Week of 5/23

These days, it seems to me that the business media and Twitter is all consumed with predicting when a U.S. economic recession will occur coupled...

Weekly Stock Bull Finder

Volatility & Consolidation Continues; Buying Ag Chemicals, Aerospace/Defense, and Shipping Stocks

Moving forward we continue to expect more volatility and consolidation between 4257 and 4590-4595 on the S&P 500, and between $334 and $367 on the...

Vermilion Research

Shipping Stocks Set Sail; Buy DAC-US, SBLK-US, ZIM-US, GSL-US, GNK-US, GOGL-US, 316-HK,& MAERSK.B-DK

Dry-bulk & energy shipping stocks are breaking out of bases, giving us a high degree of confidence that price and RS appreciation is likely to...

Vermilion Research

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