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

Our outlook remains neutral for global ex-U.S. markets while horizontal consolidation continues on the MSCI ACWI ex-U.S. index.  In today’s report we take a bottoms-up view on developed ex-U.S. equities, highlighting stocks that present attractive buy opportunities within the Communications, Health Care, Manufacturing, Materials, Technology, Transportation, and Utilities Sectors

Our outlook remains neutral for global ex-U.S. markets while horizontal consolidation continues on the MSCI ACWI ex-U.S. index.  In today’s report we take a bottoms-up view on developed ex-U.S. equities, highlighting stocks that present attractive buy opportunities within the Communications, Health Care, Manufacturing, Materials, Technology, Transportation, and Utilities Sectors

Bottoms-Up View on Developed Markets: Actionable Stocks, Part 2

Equity Analyst - Technology & Healthcare

Norm Kumar

Pennock Idea Hub

We are creators of independent equity research. The Pennock Idea Hub team are veterans of the investment industry. Much of our team has spent their careers at Merrill Lynch, Deutsche Bank, RBC Capital Markets and Wood Gundy. We have taken every aspect of research back to the studs and returned to first principles. The Pennock Idea Hub marries the interests of the sell and buy side. 

We offer the best research for institutional investors by:

-Only publishing research from veteran analysts
-Eliminate the inherent conflicts of the traditional sell and buy side relationship
-Ensure our team is always accessible; collaboration with clients nurtures our collective success

Cross-Asset & Quantitative Research

Thematic (Sector/Industry)

For all the talk of crypto mining generating significant revenue for Nvidia it is important to realize that Bitmain Technologies crypto mining ASICs, a private Chinese chipmaker, are thought to generate as much as 80% of the world’s cryptocoins. As we have highlights in a past post, Sanford Bernstein estimates that Bitmain generates up to $3B of profits per year (similar to Nvidia). The Company’s first offering is the Sophon Chip. What makes Bitmain a serious player is the simple fact that they have a strong position in China<a href="https://pennockideahub.us11.list-manage.com/track/click?u=de87fbca24fe3521f22de5c47&amp;id=1365dad3af&amp;e=ff323e252d" target="_blank" data-saferedirecturl="https://www.google.com/url?hl=en&amp;q=https://pennockideahub.us11.list-manage.com/track/click?u%3Dde87fbca24fe3521f22de5c47%26id%3D1365dad3af%26e%3Dff323e252d&amp;source=gmail&amp;ust=1527263908532000&amp;usg=AFQjCNGK111hwHAb0z7d5gKnROnbLipnWw">The World’s Dominant Crypto-Mining Company Wants to Own AI</a>Our Take:Bitmain poses a real threat in the market to incumbent Nvidia. China has previously announced a desire to become the world leader in AI and has backed this up with funding and incentives. Recent threats to Chinese technology companies from the US government highlight the need to reduce their dependency on US technology. China alone represents a sizeable market opportunity. The Company has a proven track record at developing chips quickly. If they can back this up with innovation then they stand a good chance to become a market leader.

For all the talk of crypto mining generating significant revenue for Nvidia it is important to realize that Bitmain Technologies crypto mining ASICs, a private Chinese chipmaker, are thought to generate as much as 80% of the world’s cryptocoins. As we have highlights in a past post, Sanford Bernstein estimates that Bitmain generates up to $3B of profits per year (similar to Nvidia). The Company’s first offering is the Sophon Chip. What makes Bitmain a serious player is the simple fact that they have a strong position in ChinaThe World’s Dominant Crypto-Mining Company Wants to Own AIOur Take:Bitmain poses a real threat in the market to incumbent Nvidia. China has previously announced a desire to become the world leader in AI and has backed this up with funding and incentives. Recent threats to Chinese technology companies from the US government highlight the need to reduce their dependency on US technology. China alone represents a sizeable market opportunity. The Company has a proven track record at developing chips quickly. If they can back this up with innovation then they stand a good chance to become a market leader.

A Potential New and Formidable Entrant into the AI Semiconductor Space: AI Readings

Canada

Kinaxis, Inc. provides planning and response management solutions. The Company offers a enterprise cloud service for manufacturers and brand owners to drive multiple supply chain management, sales and operations planning, and other connected functions from a single product. Kinaxis serves clients worldwide.

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Kinaxis Inc (KXS CN)

Bottoms-Up View on Developed Markets: Actionable Stocks, Part 2

Our outlook remains neutral for global ex-U.S. markets while horizontal consolidation continues on the MSCI ACWI ex-U.S. index. In today’s report...

Vermilion Research

A Potential New and Formidable Entrant into the AI Semiconductor Space: AI Readings

For all the talk of crypto mining generating significant revenue for Nvidia it is important to realize that Bitmain Technologies crypto mining...

Norm Kumar

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