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

In this report we outline important technical levels to watch for U.S. indexes and highlight several negative developments which lead us to a more cautious outlook. We also highlight attractive Groups and stocks within the Consumer Staples and Materials Sectors

In this report we outline important technical levels to watch for U.S. indexes and highlight several negative developments which lead us to a more cautious outlook. We also highlight attractive Groups and stocks within the Consumer Staples and Materials Sectors 

U.S. Equity Strategy: Outlook Deteriorating; Upgrading Staples

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. 

SPX bounce from 2,800 support targeted 2,850-60 which has been met with overhead pivot resistance that is critical to the immediate bias.Our cycle work implies we could see a choppy rising wedge form into late May with a more negative cycle due in June. We outline trade levels on the short and long side into late May.NDX 7,730 pivot support break will now act as macro resistance and a clear rejection level with a fade target well below this inflection point. This break shaped global risk as well as joined the underperform camp with transports, DJI, banks, small caps and the SOX (a bigger negative for breadth).

SPX bounce from 2,800 support targeted 2,850-60 which has been met with overhead pivot resistance that is critical to the immediate bias.Our cycle work implies we could see a choppy rising wedge form into late May with a more negative cycle due in June. We outline trade levels on the short and long side into late May.NDX 7,730 pivot support break will now act as macro resistance and a clear rejection level with a fade target well below this inflection point. This break shaped global risk as well as joined the underperform camp with transports, DJI, banks, small caps and the SOX (a bigger negative for breadth).

As we write this, the tweet from President Trump regarding an imminent spike in tariffs on Chinese goods has caught financial markets around the world off guard. We believe the reactions are likely just a flash in the pan. This tweet, like many others, should be taken as nothing more than negotiation tactics lifted right out of a chapter from “The Art of the Deal”. We have been subjected to untold Tweets in the last few years and the reactions generally seem to have been about as long-lived as their character count. Despite the noise, the markets remain on a firm footing.  In our Macro Vision publication, we lay out our U.S. equity investment thesis and provide a technical appraisal of the market Sector by Sector, along with attractive investment opportunities within each.

As we write this, the tweet from President Trump regarding an imminent spike in tariffs on Chinese goods has caught financial markets around the world off guard. We believe the reactions are likely just a flash in the pan. This tweet, like many others, should be taken as nothing more than negotiation tactics lifted right out of a chapter from “The Art of the Deal”. We have been subjected to untold Tweets in the last few years and the reactions generally seem to have been about as long-lived as their character count. Despite the noise, the markets remain on a firm footing.  In our Macro Vision publication, we lay out our U.S. equity investment thesis and provide a technical appraisal of the market Sector by Sector, along with attractive investment opportunities within each.

U.S. Equity Strategy: The Tweet Heard ‘Round the World

iShares FTSE/Xinhua A50 China / Technical Analysis

We touch on key pivots for the global cycle in the NDX (recent highs) and laid out in our recent insight <a href="https://www.smartkarma.com/insights/spx-set-up-mirrors-september-2018" target="_blank" data-smartkarma-citation="insights:29247">SPX Set up Mirrors September 2018</a> . The SPX RSI pattern mirrors the late 2018 cycle with higher confidence break down signal unfolding today.With China a crowded long bet, we noted non confirmation in many of our technical sets on recent highs with buy volumes tapering off and divergences building.China A shares have broken some key tactical supports that set up a draw down to test macro pivot support at A50 12,000.We believe that at least 70% of a trade deal has been baked into current prices. An unwind of this bet would hit markets hard with some key chart levels to focus on.

We touch on key pivots for the global cycle in the NDX (recent highs) and laid out in our recent insight SPX Set up Mirrors September 2018 . The SPX RSI pattern mirrors the late 2018 cycle with higher confidence break down signal unfolding today.With China a crowded long bet, we noted non confirmation in many of our technical sets on recent highs with buy volumes tapering off and divergences building.China A shares have broken some key tactical supports that set up a draw down to test macro pivot support at A50 12,000.We believe that at least 70% of a trade deal has been baked into current prices. An unwind of this bet would hit markets hard with some key chart levels to focus on.

We continue to move increasingly toward the bullish camp and we believe equities are poised for higher prices moving forward. In today’s report we outline our bullish case and highlight attractive Groups and stocks within Financials, Services, Technology and Manufacturing: Credit Card Issuers, Education Services, China, Solar Energy, and Industrial Rental Equipment.

We continue to move increasingly toward the bullish camp and we believe equities are poised for higher prices moving forward. In today’s report we outline our bullish case and highlight attractive Groups and stocks within Financials, Services, Technology and Manufacturing: Credit Card Issuers, Education Services, China, Solar Energy, and Industrial Rental Equipment.

U.S. Equity Strategy: Upgrading Cap-Weighted Communications to Overweight

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)

U.S. Equity Strategy: Outlook Deteriorating; Upgrading Staples

In this report we outline important technical levels to watch for U.S. indexes and highlight several negative developments which lead us to a more...

Vermilion Research

SPX and NDX Tactics into Late May

SPX bounce from 2,800 support targeted 2,850-60 which has been met with overhead pivot resistance that is critical to the immediate bias.Our cycle...

Thomas Schroeder

U.S. Equity Strategy: The Tweet Heard ‘Round the World

As we write this, the tweet from President Trump regarding an imminent spike in tariffs on Chinese goods has caught financial markets around the...

Vermilion Research

China Game over Support Breaks

We touch on key pivots for the global cycle in the NDX (recent highs) and laid out in our recent insight SPX Set up Mirrors September 2018 . The...

Thomas Schroeder

U.S. Equity Strategy: Upgrading Cap-Weighted Communications to Overweight

We continue to move increasingly toward the bullish camp and we believe equities are poised for higher prices moving forward. In today’s report we...

Vermilion Research