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

VanEck Gold Miners ETF/USA / Technical Analysis

<ul>
<li>Large-Cap indexes are approaching critical support levels, including 4257 on the S&amp;P 500, $334 on the Nasdaq 100 (QQQ), and 33,250 on the DJIA. These are our "lines-in-the-sand" moving forward.</li>
<li>We expect for supports to hold, but breakdowns below these levels would not be surprising and would likely mean an additional 8-15% downside based on measured moves.</li>
<li>Charts Highlighted: S&amp;P 500, QQQ, DJIA, Bitcoin, XLP, XLU, IWM, IJR, BKNG, EXPE, SABR, DESP, NEM, GOLD, FNV, AEM, RGLD, GFI, SBSW, and AU.</li>
</ul>


Large-Cap indexes are approaching critical support levels, including 4257 on the S&amp;P 500, $334 on the Nasdaq 100 (QQQ), and 33,250 on the DJIA. These are our "lines-in-the-sand" moving forward.
We expect for supports to hold, but breakdowns below these levels would not be surprising and would likely mean an additional 8-15% downside based on measured moves.
Charts Highlighted: S&amp;P 500, QQQ, DJIA, Bitcoin, XLP, XLU, IWM, IJR, BKNG, EXPE, SABR, DESP, NEM, GOLD, FNV, AEM, RGLD, GFI, SBSW, and AU.


S&P 500, Nasdaq 100, DJIA Testing Support; Buying Gold Miners and Online Travel

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. 

<ul>
<li>SPX holding 4,250 on a closing basis if vital near term to provide energy for a push above wedge resistance at 4,380. Macro conviction to short a rally into March.</li>
<li>Bullish RSI patterns in the SPX and NDX need an inflection and would lead a price bounce.</li>
<li>Russia/Ukraine tensions the wild card but may subside near term given time needed for military/political maneuvering. Any lull in tensions would spark equity short covering and a drop in oil.</li>
</ul>


SPX holding 4,250 on a closing basis if vital near term to provide energy for a push above wedge resistance at 4,380. Macro conviction to short a rally into March.
Bullish RSI patterns in the SPX and NDX need an inflection and would lead a price bounce.
Russia/Ukraine tensions the wild card but may subside near term given time needed for military/political maneuvering. Any lull in tensions would spark equity short covering and a drop in oil.


House of Market Insights, Market Radar

Market Radar

House of Market Insights

Quick market updates and lot of ideas for your investments from a multi-asset portfolio manager working for a family office.

Quick Market Updates

Macroeconomics

<ul><li>After almost 2 years of rising stock prices, and falling yields, 2022 started in a frustrating way.</li><li><p>Most of the equity indices are negative YTD, and after the big fall in the first 3 weeks of the year, the reaction has been weak. Indeed many indices have been flat in the last weeks.</p></li><li><p>Of course markets are now focused on 3 main themes: earnings, inflation and geopolitics.</p></li></ul>

After almost 2 years of rising stock prices, and falling yields, 2022 started in a frustrating way.Most of the equity indices are negative YTD, and after the big fall in the first 3 weeks of the year, the reaction has been weak. Indeed many indices have been flat in the last weeks.Of course markets are now focused on 3 main themes: earnings, inflation and geopolitics.

<ul>
<li>SPX rally call to 4,600 was in line and turned south 15 points shy of this resistance. A fresh bounce cycle is warming that will set up a bigger short.</li>
<li>4,465 first res to watch for an early fade with 4,510 the bigger level to cap/sell. 4,600 is now firm resistance.</li>
<li>RTY was added to our short lies at 2,100. NDX remains a top short pick.</li>
</ul>


SPX rally call to 4,600 was in line and turned south 15 points shy of this resistance. A fresh bounce cycle is warming that will set up a bigger short.
4,465 first res to watch for an early fade with 4,510 the bigger level to cap/sell. 4,600 is now firm resistance.
RTY was added to our short lies at 2,100. NDX remains a top short pick.


<ul>
<li>Indexes and Sectors remain extremely mixed which we believe is likely to remain the case moving forward.</li>
<li>Attractive Sectors include Energy and Financials, (and to a lesser extent Staples and Utilities) and these areas remain our primary focus.</li>
<li>Financials (XLF) and Energy (XLE) are hitting new RS highs amid rising rates and new highs in WTI crude oil -- Remain overweight/add exposure on pullbacks.</li>
</ul>


Indexes and Sectors remain extremely mixed which we believe is likely to remain the case moving forward.
Attractive Sectors include Energy and Financials, (and to a lesser extent Staples and Utilities) and these areas remain our primary focus.
Financials (XLF) and Energy (XLE) are hitting new RS highs amid rising rates and new highs in WTI crude oil -- Remain overweight/add exposure on pullbacks.


United States

The S&P 500® is widely regarded as the best single gauge of large-cap U.S. equities and serves as the foundation for a wide range of investment products. The index includes 500 leading companies and captures approximately 80% coverage of available market capitalization.

S&P 500 INDEX (SPX INDEX)

S&P 500, Nasdaq 100, DJIA Testing Support; Buying Gold Miners and Online Travel

Large-cap indexes are approaching critical support levels of 4257 on S&P 500, $334 on Nasdaq 100 (QQQ), and 33,250 on DJIA. These are our "lines in...

Vermilion Research

SPX Key Low Hold

SPX holding 4,250 on a closing basis if vital near term to provide energy for a push above wedge resistance at 4,380. Macro conviction to short a...

Thomas Schroeder

A frustrating month for markets

After almost 2 years of rising stock prices, and falling yields, 2022 started in a frustrating way. Most of the equity indices are negative YTD,...

Market Radar

SPX 4,600 Cap Did the Trick

SPX rally call to 4,600 was in line and turned south 15 points shy of this resistance. A fresh bounce cycle is warming that will set up a bigger...

Thomas Schroeder

Stick With Energy and Financials

Indexes and Sectors remain extremely mixed which we believe is likely to remain the case moving forward. Attractive Sectors include Energy and...

Vermilion Research