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

MSCI Emerging Markets Index / Technical Analysis

Big-picture technicals offer a compelling outlook for equities -- in the long-run. Despite arguably stretched trends, especially in the U.S. and EM, one indicator in particular keeps us optimistic: monthly charts.  What is clear right now is: (1) Europe is on the doorstep of breaking above secular resistance; (2) Japan is breaking out above secular resistance; (3) and EM already has. Speaking of EM, we view this as the place to be, or overweight, in 2018. The EM/EAFE’s 20-year chart (below) reveals an in-progress trend reversal (which developed at a secular trendline) in favor of EM.In today’s report we review every global sector, highlighting actionable stocks within each.

Big-picture technicals offer a compelling outlook for equities -- in the long-run. Despite arguably stretched trends, especially in the U.S. and EM, one indicator in particular keeps us optimistic: monthly charts.  What is clear right now is: (1) Europe is on the doorstep of breaking above secular resistance; (2) Japan is breaking out above secular resistance; (3) and EM already has. Speaking of EM, we view this as the place to be, or overweight, in 2018. The EM/EAFE’s 20-year chart (below) reveals an in-progress trend reversal (which developed at a secular trendline) in favor of EM.In today’s report we review every global sector, highlighting actionable stocks within each.

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)

<ul><li>Slow recovery of personal accessories in Hong Kong as Chinese tourists return</li><li>Fine jewellery players continue to lead personal accessories in Hong Kong</li><li>Internet retailing grows in Hong Kong but specialist stores remains the key channel</li><li>Jewellery will continue to drive growth of personal accessories in the forecast period</li></ul>

Slow recovery of personal accessories in Hong Kong as Chinese tourists returnFine jewellery players continue to lead personal accessories in Hong KongInternet retailing grows in Hong Kong but specialist stores remains the key channelJewellery will continue to drive growth of personal accessories in the forecast period

Quantamental Researcher, JD Finance Quantamental Research

Ben Li

Quantamental Researcher

JD Finance Quantamental Research

JD Finance Big Data Quantamental Research is a data and insight provider of proprietary online eCommerce data, under the arm of big data analytics team in JD Finance. JD Finance is an affiliate of US listed JD, a leading eCommerce player in China. It is one of the largest fintech companies in China, with business spanning across consumer loans, fund distribution, and quantitative strategy research. 

<ul class="">
<li>China online cosmetics sales has accelerated during the June (6.18-the biggest mid-year online sales event) promotion.</li>
<li>Japanese and Korean brands outperformed.</li>
<li>Korean brands recovered strongly as China-Korea tension over THAAD eased.  </li>
</ul>China online Cosmetics sector has shown a strong growth trend in recent months. Sales further accelerated during June promotions and y/y growth reached mid double-digits, up 8 ppts from a strong May. July sales slowed significantly with y/y growth dropping to under…


China online cosmetics sales has accelerated during the June (6.18-the biggest mid-year online sales event) promotion.
Japanese and Korean brands outperformed.
Korean brands recovered strongly as China-Korea tension over THAAD eased.  
China online Cosmetics sector has shown a strong growth trend in recent months. Sales further accelerated during June promotions and y/y growth reached mid double-digits, up 8 ppts from a strong May. July sales slowed significantly with y/y growth dropping to under…

2Q17 China Online Cosmetic Sales – Korean Brands Outperformed Despite Tension

Bullish technicals continue to support our call to overweight EM. We highlight actionable themes, as well as pullback opportunities in Europe, European luxury/apparel, UK homebuilders, EM chemicals, Japanese chemicals, and Japanese tech stocks.

Bullish technicals continue to support our call to overweight EM. We highlight actionable themes, as well as pullback opportunities in Europe, European luxury/apparel, UK homebuilders, EM chemicals, Japanese chemicals, and Japanese tech stocks.

Int'l Compass: Overweight EM; Actionable Themes in Europe and Japan

As one of the leading Asian consumer markets, South Korea provides ample opportunities for luxury goods companies across many categories. Stable economic growth, low income inequality, and the industrial hubs of Seoul and Gyeonggi-do have fuelled spending on luxury goods and high-end services. However, the population is ageing and youth unemployment is high. While the minimum wage has been raised, social welfare is still inadequate.

As one of the leading Asian consumer markets, South Korea provides ample opportunities for luxury goods companies across many categories. Stable economic growth, low income inequality, and the industrial hubs of Seoul and Gyeonggi-do have fuelled spending on luxury goods and high-end services. However, the population is ageing and youth unemployment is high. While the minimum wage has been raised, social welfare is still inadequate.

South Korea Faces Luxury Aberrations and External Shocks

France

LVMH Moet Hennessy Louis Vuitton SE is a diversified luxury goods group. The Company produces and sells wine, cognac, perfumes, cosmetics, luggage, and watches and jewelry.

LVMH Moet Hennessy Louis Vuitton SE (MC FP)

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LVMH Moet Hennessy Louis Vuitton SE (MC FP)

Global Equity Strategy: Overweight EM

Big-picture technicals offer a compelling outlook for equities -- in the long-run. Despite arguably stretched trends, especially in the U.S. and...

Vermilion Research

Personal Accessories in Hong Kong, China

Slow recovery of personal accessories in Hong Kong as Chinese tourists return Fine jewellery players continue to...

Euromonitor International Ltd.

2Q17 China Online Cosmetic Sales – Korean Brands Outperformed Despite Tension

China online cosmetics sales has accelerated during the June (6.18-the biggest mid-year online sales event) promotion. Japanese and Korean brands...

Ben Li

Int'l Compass: Overweight EM; Actionable Themes in Europe and Japan

Bullish technicals continue to support our call to overweight EM. We highlight actionable themes, as well as pullback opportunities in Europe,...

Vermilion Research

South Korea Faces Luxury Aberrations and External Shocks

As one of the leading Asian consumer markets, South Korea provides ample opportunities for luxury goods companies across many categories. Stable...

Euromonitor International Ltd.

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)