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>
<li>Our long-term outlook remains bullish on global equities (MSCI ACWI). Germany and Europe continue to lead, our favorite theme we have been buying since January 9th.</li>
<li>Near-Term we wouldn't be surprised to see a pullback to range supports at $116 on ACWI-US and 5770-5850 or 5600-5670 on SPX in the coming weeks, where we are buyers.</li>
<li>This report was initially sent out Thursday morning, and as of this writing SPX is now testing support at 5850. Bottom potential.</li>
</ul>


Our long-term outlook remains bullish on global equities (MSCI ACWI). Germany and Europe continue to lead, our favorite theme we have been buying since January 9th.
Near-Term we wouldn't be surprised to see a pullback to range supports at $116 on ACWI-US and 5770-5850 or 5600-5670 on SPX in the coming weeks, where we are buyers.
This report was initially sent out Thursday morning, and as of this writing SPX is now testing support at 5850. Bottom potential.


Germany and Europe Continue to Lead; Remain Overweight Germany and U.S.; Bullish Outlook Intact

Singapore Market Roundup, Singapore Market Roundup

Singapore Market Roundup

Thematic (Sector/Industry)

<ul><li>DBS emphasizes TSV project as a significant initiative for GVT, showcasing its strategic importance for growth and development.</li><li>CGSI forecasts robust earnings for companies like Sembcorp, Seatrium, iFast, FLCT, Singtel, and SIA, indicating a positive outlook for the market.</li><li>DBS reaffirms its positive outlook on OUE REIT, citing improved operating performance as a key factor in maintaining a 'buy' rating for the company.</li></ul>

DBS emphasizes TSV project as a significant initiative for GVT, showcasing its strategic importance for growth and development.CGSI forecasts robust earnings for companies like Sembcorp, Seatrium, iFast, FLCT, Singtel, and SIA, indicating a positive outlook for the market.DBS reaffirms its positive outlook on OUE REIT, citing improved operating performance as a key factor in maintaining a 'buy' rating for the company.

Singapore Market Roundup (24-Jan-2025): DBS TSV project key for GVT.

<ul>
<li>OCBC's research head may increase banks' 2025 profit forecasts due to fewer expected Fed cuts, indicating positive outcomes for investors.</li>
<li>Brokers' Digest highlights updates on CapitaLand Investment, DBS, Sembcorp, Hong Leong Asia, and First Resources, offering valuable insights for investors.</li>
<li>DBS recommends investing in Keppel Infrastructure Trust for stable dividends and growth, presenting a lucrative opportunity for investors seeking long-term returns.</li>
</ul>


OCBC's research head may increase banks' 2025 profit forecasts due to fewer expected Fed cuts, indicating positive outcomes for investors.
Brokers' Digest highlights updates on CapitaLand Investment, DBS, Sembcorp, Hong Leong Asia, and First Resources, offering valuable insights for investors.
DBS recommends investing in Keppel Infrastructure Trust for stable dividends and growth, presenting a lucrative opportunity for investors seeking long-term returns.


Singapore Market Roundup (20-Dec-2024): Key Updates on CapitaLand, DBS, Sembcorp, Hong Leong

Offering Senior Secured Loans, Kilde

Kilde

Offering Senior Secured Loans

Kilde connects family offices, funds, and accredited investors to investment-ready private credit deals in developed and emerging markets. We offer senior secured loans from last-mile lending companies with strong capitalization, a healthy balance sheet, and a capable management team.

<ul>
<li>Green Technologies (Green Tech) includes advanced environmental solutions and technologies that are used to protect and conserve natural resources and the atmosphere while mitigating negative impacts from human actions on the atmosphere and surrounding, all aimed towards achieving sustainable development.</li>
<li>In recent times, Singapore as a whole has been focused on introducing eco-friendly policies that safeguard the environment, enhance food production, reduce plastic waste and lower carbon emissions.</li>
<li>In addition, the Green Tech sector is further strengthened through various international collaborations and strategic investments.</li>
</ul>


Green Technologies (Green Tech) includes advanced environmental solutions and technologies that are used to protect and conserve natural resources and the atmosphere while mitigating negative impacts from human actions on the atmosphere and surrounding, all aimed towards achieving sustainable development.
In recent times, Singapore as a whole has been focused on introducing eco-friendly policies that safeguard the environment, enhance food production, reduce plastic waste and lower carbon emissions.
In addition, the Green Tech sector is further strengthened through various international collaborations and strategic investments.


Green Tech in Singapore: Emerging as a Frontrunner in Green Technology

<ul>
<li>Morningstar's positive assessment of SGX boosts the company's value, attracting optimism from major financial institutions like Citi, Morgan Stanley, and RHB.</li>
<li>Maybank's decision to maintain a 'buy' rating on Sembcorp and raise its target price follows the company's deal to import renewable energy from Malaysia, indicating confidence in its future prospects.</li>
<li>DBS sells off 54,600 CLINT units for $61,152, suggesting the bank may be reallocating its investment portfolio or adjusting its positions in certain assets.</li>
</ul>


Morningstar's positive assessment of SGX boosts the company's value, attracting optimism from major financial institutions like Citi, Morgan Stanley, and RHB.
Maybank's decision to maintain a 'buy' rating on Sembcorp and raise its target price follows the company's deal to import renewable energy from Malaysia, indicating confidence in its future prospects.
DBS sells off 54,600 CLINT units for $61,152, suggesting the bank may be reallocating its investment portfolio or adjusting its positions in certain assets.


Singapore Market Roundup (12-Dec-2024): Morningstar Boosts SGX's Value

Singapore

Sembcorp Industries is a Singaporean state-owned energy and urban development company. It provides sustainable energy solutions, including renewable power (solar, wind, energy storage) and conventional energy (gas and related services), alongside integrated urban solutions such as industrial parks, water, and waste management. The company is headquartered in Singapore and was founded in 1998.

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Sembcorp Industries (SCI SP)

Germany and Europe Continue to Lead; Remain Overweight Germany and U.S.; Bullish Outlook Intact

Germany and Europe Continue to Lead; Remain Overweight Germany $DAX $EWG and the U.S. $SPX; Bullish Outlook Intact on $ACWI above $116. $SPX...

Vermilion Research

Singapore Market Roundup (24-Jan-2025): DBS TSV project key for GVT.

DBS emphasizes TSV project for GVT, CGSI projects strong earnings for Sembcorp, Seatrium, iFast, FLCT, Singtel, and SIA, maintains 'buy' rating on...

Singapore Market Roundup

Singapore Market Roundup (20-Dec-2024): Key Updates on CapitaLand, DBS, Sembcorp, Hong Leong

Brokers highlight CapitaLand Investment, DBS, Sembcorp, Hong Leong Asia, First Resources, and recommend investing in Keppel Infrastructure Trust...

Singapore Market Roundup

Green Tech in Singapore: Emerging as a Frontrunner in Green Technology

Green Technologies (Green Tech) includes advanced environmental solutions and technologies that are used to protect and conserve natural resources...

Kilde

Singapore Market Roundup (12-Dec-2024): Morningstar Boosts SGX's Value

Morningstar's positive assessment of SGX boosts the company's value, attracting optimism from major financial institutions like Citi, Morgan...

Singapore Market Roundup

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)