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

<ul class=""><li>Global material stocks are strengthening led by a turnaround in the metals, the global materials sector displays a long-term, relative strength reversal. A variety of technical tailwinds make this an attractive theme. And in the latter part of this week’s Compass, we highlight actionable ideas in US-listed, foreign steel names: RIO, MT, PKX, TX, GGB, SID, and MTL.  Increase exposure.</li><li>The U.S. Health Care Sector has cooled off over the past month, with attractive Groups like biotechs and HMOs pulling back to support. This is a buying opportunity... see pages 8-10.</li></ul>

Global material stocks are strengthening led by a turnaround in the metals, the global materials sector displays a long-term, relative strength reversal. A variety of technical tailwinds make this an attractive theme. And in the latter part of this week’s Compass, we highlight actionable ideas in US-listed, foreign steel names: RIO, MT, PKX, TX, GGB, SID, and MTL.  Increase exposure.The U.S. Health Care Sector has cooled off over the past month, with attractive Groups like biotechs and HMOs pulling back to support. This is a buying opportunity... see pages 8-10.

Global Materials Sector, Led by Miners, Is Strengthening

Asia Pac ECM and Index Rebal, Shenton Research

Ke Yan, CFA, FRM

Asia Pac ECM and Index Rebal

Asia Pac IPO & Placement Research, China Biotech

DZT Research

DZT Research is an independent Asia Pacific equity specialist. Our quantitative research covers index rebalancing flows, alongside exchange data analytics accross Asia Pacific. On the equity capital markets side, we focus on Asia Pacific ECM, especially biotech and TMT. Our lead analyst is frequently cited by international media.

Quantitative Analysis

<ul>
<li>We analyzed the changes in foreign holdings of KRX stocks as of Apr 24th. The aggregated holding was USD1,312.8bn.</li>
<li>We estimate that foreign flows to be outflows of USD475mln. We tabulate the league table for top changes by value for 1W/4W/1Y and top stocks held by foreign institutions.</li>
<li>We highlight changes of foreign holdings in SK Hynix, Doosan Enerbility, HD HYUNDAI HEAVY INDUSTRIES, Hyundai Motor, Samsung Electronics.</li>
</ul>


We analyzed the changes in foreign holdings of KRX stocks as of Apr 24th. The aggregated holding was USD1,312.8bn.
We estimate that foreign flows to be outflows of USD475mln. We tabulate the league table for top changes by value for 1W/4W/1Y and top stocks held by foreign institutions.
We highlight changes of foreign holdings in SK Hynix, Doosan Enerbility, HD HYUNDAI HEAVY INDUSTRIES, Hyundai Motor, Samsung Electronics.


KRX Foreign Holding Weekly (Apr 24th): SK Hynix, Doosan Enerbility, HD HYUNDAI HEAVY INDUSTRIES

Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Korea/Asia, Events, IPOs

Thematic (Sector/Industry)

Bonifas and Barrett may not be household names to most people. They were two US Army officers stationed in South Korea who were killed by North Korean soldiers in 1976. Bonifas and Barrett were cutting down part of a tree in the JSA (Joint Security Area) in the Korean Demilitarized Zone. They were killed over a stupid tree because North Koreans believed this tree was planted by Kim Il-Sung, the founder of North Korea. From then on, this was known as the Axe Murder Incident. At the time, a 24…

Bonifas and Barrett may not be household names to most people. They were two US Army officers stationed in South Korea who were killed by North Korean soldiers in 1976. Bonifas and Barrett were cutting down part of a tree in the JSA (Joint Security Area) in the Korean Demilitarized Zone. They were killed over a stupid tree because North Koreans believed this tree was planted by Kim Il-Sung, the founder of North Korea. From then on, this was known as the Axe Murder Incident. At the time, a 24…

How Will South Korea Change With Moon as Its Next President? (Top 10 Issues)

On Friday April 28th, it was reported that the US President Trump demanded US$1 billion in payment from the South Korean government for installing THAAD system in South Korea. This news was all over the local press. The tone of most of the local news was one of dismay. The deal for installing THAAD in South Korea has already been agreed upon between the two countries, with the US paying for the THAAD system and operating it while South Korea provides the land in which it will be installed. But…

On Friday April 28th, it was reported that the US President Trump demanded US$1 billion in payment from the South Korean government for installing THAAD system in South Korea. This news was all over the local press. The tone of most of the local news was one of dismay. The deal for installing THAAD in South Korea has already been agreed upon between the two countries, with the US paying for the THAAD system and operating it while South Korea provides the land in which it will be installed. But…

Why Is Trump Demanding US$1 Billion for THAAD from South Korean Government?

<ul>
<li><div class="content-highlight">In this report, we have identified 26 stocks in the Korean stock market that have announced share buyback programs so far in 2017. These stocks that have been buying back their shares have been outperforming the market in recent weeks. Share buybacks continue to be an "alpha generating" catalyst in the Korean stock market. Time and again, companies that buyback stocks in Korea tend to outperform the market.</div></li>
<li>For example, these 26 stocks that have announced share repurchase programs in 2017 are up…</li>
</ul>


In this report, we have identified 26 stocks in the Korean stock market that have announced share buyback programs so far in 2017. These stocks that have been buying back their shares have been outperforming the market in recent weeks. Share buybacks continue to be an "alpha generating" catalyst in the Korean stock market. Time and again, companies that buyback stocks in Korea tend to outperform the market.
For example, these 26 stocks that have announced share repurchase programs in 2017 are up…


Alpha Generation from Share Buybacks in Korea (2017 YTD)

South Korea

POSCO manufactures various types of steel products.  The Company produces hot rolled steel, cold rolled steel, stainless steel, and other forms of steel. The products are mainly used for automobile, construction, and shipbuilding industries.

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Posco ADR (PKX US)

Global Materials Sector, Led by Miners, Is Strengthening

Global material stocks are strengthening led by a turnaround in the metals, the global materials sector displays a long-term, relative strength...

Vermilion Research

KRX Foreign Holding Weekly (Apr 24th): SK Hynix, Doosan Enerbility, HD HYUNDAI HEAVY INDUSTRIES

We analyzed KRX foreign holding data for the past week and highlighted foreign holding changes in SK Hynix, Doosan Enerbility, HD HYUNDAI HEAVY...

Ke Yan, CFA, FRM

How Will South Korea Change With Moon as Its Next President? (Top 10 Issues)

Bonifas and Barrett may not be household names to most people. They were two US Army officers stationed in South Korea who were killed by North...

Douglas Kim

Why Is Trump Demanding US$1 Billion for THAAD from South Korean Government?

On Friday April 28th, it was reported that the US President Trump demanded US$1 billion in payment from the South Korean government for installing...

Douglas Kim

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

Global Materials Sector, Led by Miners, Is Strengthening

Global material stocks are strengthening led by a turnaround in the metals, the global materials sector displays a long-term, relative strength...

Vermilion Research

KRX Foreign Holding Weekly (Apr 24th): SK Hynix, Doosan Enerbility, HD HYUNDAI HEAVY INDUSTRIES

We analyzed KRX foreign holding data for the past week and highlighted foreign holding changes in SK Hynix, Doosan Enerbility, HD HYUNDAI HEAVY...

Ke Yan, CFA, FRM

How Will South Korea Change With Moon as Its Next President? (Top 10 Issues)

Bonifas and Barrett may not be household names to most people. They were two US Army officers stationed in South Korea who were killed by North...

Douglas Kim

Why Is Trump Demanding US$1 Billion for THAAD from South Korean Government?

On Friday April 28th, it was reported that the US President Trump demanded US$1 billion in payment from the South Korean government for installing...

Douglas Kim

Alpha Generation from Share Buybacks in Korea (2017 YTD)

In this report, we have identified 26 stocks in the Korean stock market that have announced share buyback programs so far in 2017. These stocks...

Douglas Kim