Chief Economist & Political Strategist, CrossASEAN Research

Prasenjit K. Basu

Chief Economist & Political Strategist

REAL-Economics.com

Thematic (Sector/Industry)

Last week, Donald Trump came into his own on international issues, wrecking at least four of the institutional underpinnings of world order. On each of the issues, little consideration has been given to the consequences for the US and international order. The most serious of Trump's wrecking manoeuvres was the de-certification of the Iran nuclear deal, but the attempt to destroy NAFTA advanced rapidly too, threats to North Korea were stepped up noticeably, and the US withdrew from UNESCO…

Last week, Donald Trump came into his own on international issues, wrecking at least four of the institutional underpinnings of world order. On each of the issues, little consideration has been given to the consequences for the US and international order. The most serious of Trump's wrecking manoeuvres was the de-certification of the Iran nuclear deal, but the attempt to destroy NAFTA advanced rapidly too, threats to North Korea were stepped up noticeably, and the US withdrew from UNESCO…

Trump as a One-Man Wrecking Crew for World Order

Managing Director, MTS Research

Peter Beuttell

Managing Director

MTS Research

MTS Research Limited is an independent investment research company specialising in technical analysis. 

MTS Research provides technical analysis services in the form of regular publications and consultancy advice, catering for a number of different investment approaches from absolute or relative returns to long-only and long/short.  The company has a global client base of blue-chip financial institutions ranging in size and stretching from Los Angeles to Tokyo, via New York, London, Frankfurt and Hong Kong.  

MTS was founded in 1989 at the request of Morgan Grenfell Investment Services Limited (MGIS), the ERISA arm of Morgan Grenfell Asset Management (subsequently Deutsche Asset Management), by Peter Beuttell, a Portfolio Manager at MGIS between 1987 and 1989. 

Peter is a qualified Chartered Accountant and self-taught market technician with over 30 years experience.  At MGIS, Peter managed money in European, Australasian and Far East markets for US clients, such as American Airlines and American Petrofina.  He achieved first quartile perfomance on their behalf by blending fundamental and technical analysis in his investment decision-making.  

After an initial focus on the EAFE markets (Europe, Australasia and Far East), the company has recently expanded its coverage to include the Americas, thanks to the recently-completed two-year Knowledge Transfer Partnership with the University of Plymouth.  The resulting software – the Technical Overlay Program (TOP) – allows fund managers to access an immediate Technical view on any market, sector, stock, bond yield, currency or commodity within their selected universe.

MTS Research consists of a team of five based in Penzance and London. 

Technical Analysis

TSE Tokyo Price Index TOPIX / Technical Analysis

Topix is short-term overbought, both hourly (below) and daily (not shown), and is close to completing a 5-week 5-wave rally as it tests the 2015 peak. The 63-week cycle is also due to turn this week or next. Over the past 15 years, its effect has varied between marking major lows (2003) to almost no visible effect, and its influence does seem to have diminished at recent turns.  The current overall configuration suggests that only a minor top should occur now, and we’re not expecting more than a…

Topix is short-term overbought, both hourly (below) and daily (not shown), and is close to completing a 5-week 5-wave rally as it tests the 2015 peak. The 63-week cycle is also due to turn this week or next. Over the past 15 years, its effect has varied between marking major lows (2003) to almost no visible effect, and its influence does seem to have diminished at recent turns.  The current overall configuration suggests that only a minor top should occur now, and we’re not expecting more than a…

Topix: How the Indicators Look as the 2015 High Is Tested

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.

The technical narrative of the U.S. equity market remains bullish, and it’s not the S&amp;P 500 and Russell 2000’s new highs that are talking the loudest -- it’s the Sector and Group trends. With the exception of Consumer Discretionary, cyclicals continue to outperform.  In addition, bank stocks are recovering from failed breakdowns, aided by a rebound in interest rates and, setting the stage for another leg higher. Asset managers also exhibit strength. In today’s report we highlight actionable ideas in both Groups ... pages 9-20

The technical narrative of the U.S. equity market remains bullish, and it’s not the S&amp;P 500 and Russell 2000’s new highs that are talking the loudest -- it’s the Sector and Group trends. With the exception of Consumer Discretionary, cyclicals continue to outperform.  In addition, bank stocks are recovering from failed breakdowns, aided by a rebound in interest rates and, setting the stage for another leg higher. Asset managers also exhibit strength. In today’s report we highlight actionable ideas in both Groups ... pages 9-20

U.S. Equity Strategy Weekly: Actionable Banks & Asset Managers

Technical Analyst - Global with an Asian focus, Aletheia Capital

Chris Roberts

Technical Analyst - Global with an Asian focus

Independent and original Asian investment research

Aletheia Capital

Aletheia Capital (HK) Ltd. (previously known as Asianomics) combines the extensive knowledge of its experienced team with technology and regulatory changes to disrupt Global Markets business in Asia. The firm is completely independent with no conflicts of interest either on Investment Banking advisory or Capital Markets execution.

MSCI AC Asia ex Japan Index / Technical Analysis

This advance in the US stock market is unprecedented… well, no it’s not.The 4th rare super long US bull market since the 1890’s is unfolding from the 2009 low. How long can it last and what does it mean for Asia?

This advance in the US stock market is unprecedented… well, no it’s not.The 4th rare super long US bull market since the 1890’s is unfolding from the 2009 low. How long can it last and what does it mean for Asia?

Equities: A Rare Super Long US Bull Market and What that Means for Asia

Our outlook remains bullish, and this is not based solely on new highs in the S&amp;P 500 or Russell 2000. While we like to have those boxes checked, more important to us are the trends at the Sector and Group levels. And right now what we see confirms a risk-on environment confirmed by technical strength in manufacturing, biotechs, banks, energy, miners, semis, and foreign markets -- all buys.

Our outlook remains bullish, and this is not based solely on new highs in the S&amp;P 500 or Russell 2000. While we like to have those boxes checked, more important to us are the trends at the Sector and Group levels. And right now what we see confirms a risk-on environment confirmed by technical strength in manufacturing, biotechs, banks, energy, miners, semis, and foreign markets -- all buys.

U.S. Equities: Sector & Group-Level Trends Confirm Risk-On Environment

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)

Trump as a One-Man Wrecking Crew for World Order

Last week, Donald Trump came into his own on international issues, wrecking at least four of the institutional underpinnings of world order. On...

Prasenjit K. Basu

Topix: How the Indicators Look as the 2015 High Is Tested

Topix is short-term overbought, both hourly (below) and daily (not shown), and is close to completing a 5-week 5-wave rally as it tests the 2015...

Peter Beuttell

U.S. Equity Strategy Weekly: Actionable Banks & Asset Managers

The technical narrative of the U.S. equity market remains bullish, and it’s not the S&P 500 and Russell 2000’s new highs that are talking the...

Vermilion Research

Equities: A Rare Super Long US Bull Market and What that Means for Asia

This advance in the US stock market is unprecedented… well, no it’s not.The 4th rare super long US bull market since the 1890’s is unfolding from...

Chris Roberts

U.S. Equities: Sector & Group-Level Trends Confirm Risk-On Environment

Our outlook remains bullish, and this is not based solely on new highs in the S&P 500 or Russell 2000. While we like to have those boxes...

Vermilion Research