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>As the S&amp;P 500 pulls back to logical support at 3870, our weight-of-the-evidence approach continues to support our overall bullish outlook. While the positives heavily outweigh the negatives, the rising 10-year Treasury yield is threatening to become a headwind. In today’s report we highlight attractive Groups and stocks within Materials and Transportation.</p>

As the S&amp;P 500 pulls back to logical support at 3870, our weight-of-the-evidence approach continues to support our overall bullish outlook. While the positives heavily outweigh the negatives, the rising 10-year Treasury yield is threatening to become a headwind. In today’s report we highlight attractive Groups and stocks within Materials and Transportation.

S&P 500 Testing 3870 Support; 10-Year Yield In Focus

Chart based progressive global trading strategies, Chart Partners

Thomas Schroeder

Chart based progressive global trading strategies

Chart Partners

Chart Partners objective is to discover medium-term cycle turns and profit opportunities before they unfold, within structural trends while preserving capital with clear degrees of risk. We have real return ideas. 

Markets are dynamic and trading systems must reflect this. It is crucial to determine underlying correlations and lead-lag relationships within global markets and the impact on linked instruments. Our weekly Chartonics product gives you short-term trading strategies that can be applied within the medium and longer term macro trends that are mapped out in our strategy updates. 

Our methodology fuses global market variables and isolates drivers in trends. We specialize in FX, index trade in NY and Asia with a focus on Asian stocks. 

Nasdaq-100 Stock Index / Technical Analysis

<div>Markets are now overdone on a short term basis and once again kissing the topside of the SPX rising wedge where we are selling some risk and layering into protection.</div><div>
<br>Bull momentum call to push toward the rising resistance at the top of the wedge near 2,930 but with time translation would shift right/up toward 3,940. Bet is to lock in some long gains into this zone and put on a few shorts for a minor pullback ahead of a fresh rally into late Feb. The directional bet is to buy equities on weakness (given SPX 3,800 holds) for a bigger cycle peak due in late Feb. Late Feb peak would usher in a harder corrective cycle into late March but let's see how the late Feb timeline unfolds first.</div><div></div><div>Spaces to short are outlined with entry, stops and PT's. We like buying our bull group again on a pullback into late February.</div>

Markets are now overdone on a short term basis and once again kissing the topside of the SPX rising wedge where we are selling some risk and layering into protection.
 Bull momentum call to push toward the rising resistance at the top of the wedge near 2,930 but with time translation would shift right/up toward 3,940. Bet is to lock in some long gains into this zone and put on a few shorts for a minor pullback ahead of a fresh rally into late Feb. The directional bet is to buy equities on weakness (given SPX 3,800 holds) for a bigger cycle peak due in late Feb. Late Feb peak would usher in a harder corrective cycle into late March but let's see how the late Feb timeline unfolds first.Spaces to short are outlined with entry, stops and PT's. We like buying our bull group again on a pullback into late February.

<div>The action we are seeing in broad indexes, Sectors, and in market dynamics continues to support our overall bullish outlook. Additionally, the mild deterioration in market dynamics that we discussed the past two weeks is now much less of a concern. Continue to buy dips. In today’s report we highlight attractive Groups and stocks within Consumer Discretionary, Energy, and Health Care.</div>

The action we are seeing in broad indexes, Sectors, and in market dynamics continues to support our overall bullish outlook. Additionally, the mild deterioration in market dynamics that we discussed the past two weeks is now much less of a concern. Continue to buy dips. In today’s report we highlight attractive Groups and stocks within Consumer Discretionary, Energy, and Health Care.

U.S. Equity Strategy: Bullish Outlook Intact

Dow Jones Industrial Average / Technical Analysis

<p>Fresh sell resistance is the tactical focus after seeing the reversal from short levels and DJI cracking key support that was touted to trigger an SPX fall and now piercing the critical SPX wedge support that will open up the downside.</p><div>Short equity (sell risk and put on protection), long USD and lower yield call panning out. Equity shakeout on the back of divergence and a USD short squeeze in the making.</div>

Fresh sell resistance is the tactical focus after seeing the reversal from short levels and DJI cracking key support that was touted to trigger an SPX fall and now piercing the critical SPX wedge support that will open up the downside.Short equity (sell risk and put on protection), long USD and lower yield call panning out. Equity shakeout on the back of divergence and a USD short squeeze in the making.

<p>Our bullish outlook, intact since early November, has been based on the fact that virtually all signals from the market have been consistent with risk-on behavior that we would expect to see in bull markets. Now, the picture is less clear; we are still bullish, just <em>slightly</em> less so than we have been over the past 2-3 months. In today’s report we highlight attractive Groups and stocks within Consumer Discretionary, Health Care, Manufacturing, and Technology.</p>

Our bullish outlook, intact since early November, has been based on the fact that virtually all signals from the market have been consistent with risk-on behavior that we would expect to see in bull markets. Now, the picture is less clear; we are still bullish, just slightly less so than we have been over the past 2-3 months. In today’s report we highlight attractive Groups and stocks within Consumer Discretionary, Health Care, Manufacturing, and Technology.

U.S. Equity Strategy: Downgrading Manufacturing & Transports

United States

The NASDAQ-100 Index is a modified capitalization-weighted index of the 100 largest and most active non-financial domestic and international issues listed on the NASDAQ. No security can have more than a 24% weighting. The index was developed with a base value of 125 as of February 1, 1985. Prior to December 21,1998 the Nasdaq 100 was a cap-weighted index.

Nasdaq-100 Stock Index (NDX INDEX)

S&P 500 Testing 3870 Support; 10-Year Yield In Focus

As the S&P 500 pulls back to logical support at 3870. In today’s report we highlight attractive Groups and stocks within Materials and Transportation.

Vermilion Research

SPX Top of Wedge Sell Zone

Markets are now overdone on a short term basis and once again kissing the topside of the SPX rising wedge where we are selling some risk and...

Thomas Schroeder

U.S. Equity Strategy: Bullish Outlook Intact

The action we are seeing in broad indexes, Sectors, and in market dynamics continues to support our overall bullish outlook. Continue to buy dips.

Vermilion Research

US Fresh Sell Levels for the Punch Lower

Short equity (sell risk and put on protection), long USD and lower yield call panning out. Equity shakeout on the back of divergence and a USD...

Thomas Schroeder

U.S. Equity Strategy: Downgrading Manufacturing & Transports

In today’s report we highlight attractive Groups and stocks within Consumer Discretionary, Health Care, Manufacturing, and Technology

Vermilion Research