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

As bullish developments pile up, the weight-of-the-evidence continues to support our belief that we may be in the early stages of a broad-based advance. There are some developments that leave us wanting more, but we are inching toward an outright bullish outlook. In today’s report we outline our U.S. investment thesis, and highlight attractive Groups and stocks within Health Care, Materials, and Manufacturing: Biotech, Large-Cap, Aluminum, Chemicals, Diversified, and Fluid Technology &amp; Power.

As bullish developments pile up, the weight-of-the-evidence continues to support our belief that we may be in the early stages of a broad-based advance. There are some developments that leave us wanting more, but we are inching toward an outright bullish outlook. In today’s report we outline our U.S. investment thesis, and highlight attractive Groups and stocks within Health Care, Materials, and Manufacturing: Biotech, Large-Cap, Aluminum, Chemicals, Diversified, and Fluid Technology &amp; Power.

U.S. Equity Strategy: Small-Caps Testing Critical Resistance; Downgrading Communications

The S&amp;P 500 made a new all-time closing high following the largely as-expected U.S.-China trade cease-fire agreement, but it did so unconvincingly. We would not call it a breakout as the market closed well off of the opening highs and not one cyclical Sector is decisively in new high territory. Overall, the market is sending mixed signals. Barring additional positive developments we believe upside is likely to be muted from here. In today’s report we highlight attractive Groups and stocks within Health Care, Services, and Technology: Diagnostic Imaging, Construction &amp; Engineering, Large-Cap, and Solar Energy.

The S&amp;P 500 made a new all-time closing high following the largely as-expected U.S.-China trade cease-fire agreement, but it did so unconvincingly. We would not call it a breakout as the market closed well off of the opening highs and not one cyclical Sector is decisively in new high territory. Overall, the market is sending mixed signals. Barring additional positive developments we believe upside is likely to be muted from here. In today’s report we highlight attractive Groups and stocks within Health Care, Services, and Technology: Diagnostic Imaging, Construction &amp; Engineering, Large-Cap, and Solar Energy.

Recent comments from Fed Chair Powell and the U.S.-China 90-day ceasefire agreement have drastically diminished (for now) concerns over two major sources of investor angst: (1) the pace of Fed tightenings and (2) trade policy. The S&amp;P 500 has opened trading today near the 2,817 resistance, a key level we are monitoring. The impending breakout - or breakdown below ~2,600 support, if resistance holds - will be key in determining where the market goes next.  In this report we highlight actionable Industry ETFs, broad EM ETFs and actionable Int’l ETFs, as well as sector rating changes: we are downgrading Technology (XLK) and upgrading Financials (XLF).

Recent comments from Fed Chair Powell and the U.S.-China 90-day ceasefire agreement have drastically diminished (for now) concerns over two major sources of investor angst: (1) the pace of Fed tightenings and (2) trade policy. The S&amp;P 500 has opened trading today near the 2,817 resistance, a key level we are monitoring. The impending breakout - or breakdown below ~2,600 support, if resistance holds - will be key in determining where the market goes next.  In this report we highlight actionable Industry ETFs, broad EM ETFs and actionable Int’l ETFs, as well as sector rating changes: we are downgrading Technology (XLK) and upgrading Financials (XLF).

Global ETF Synopsis: Highlighting Technical Trends Across the ETF Universe

United States

Materials Select Sector SPDR Trust is an exchange-traded fund incorporated in the USA.  The Fund's objective is to provide investment results that correspond to the performance of the Materials Select Sector Index.  The Index includes companies from the following industries: chemicals, construction materials, containers and packaging.

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Materials Select Sector SPDR (XLB US)

U.S. Equity Strategy: Small-Caps Testing Critical Resistance; Downgrading Communications

As bullish developments pile up, the weight-of-the-evidence continues to support our belief that we may be in the early stages of a broad-based...

Vermilion Research

All-Time Closing Highs Fails To Impress

The S&P 500 made a new all-time closing high following the largely as-expected U.S.-China trade cease-fire agreement, but it did so...

Vermilion Research

Global ETF Synopsis: Highlighting Technical Trends Across the ETF Universe

Recent comments from Fed Chair Powell and the U.S.-China 90-day ceasefire agreement have drastically diminished (for now) concerns over two major...

Vermilion Research

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52-week Range

Market Cap (USDm)

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