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 and Quantitative Research

Downgrading Staples to Underweight; New Leaders Still Leading As Prior Leaders Consolidate

Downgrading Utilities to Market Weight; Bullish Outlook Intact; Prior Leadership to Shine?

High Growth Areas Re-Emerging as Leadership; Remain Overweight Growth; Bullish Outlook Intact

More Breakouts and Risk-On Developments; Monitoring Rotations: Miners, Retail, Lithium, China

Was That It?; Downgrading Discretionary and Energy; Gr/Val Breakout; Market Dynamics Remain Risk-On

Staying Bullish Despite Near-Term Pullback Potential; Buy Pullbacks

Market Extended Entering Seasonally Weak August; Meaningful Pullback Imminent? Not Likely

Technical Analyst, Vermilion Research

Joe Jasper

Technical Analyst

Technical Analysis

<ul>
<li>We remain near-term bullish since our 4/22/25 Compass, and our intermediate-term outlook remains bullish as well (as of our 5/14/25 Compass). We will maintain our bullish outlook as long as...</li>
<li>...market dynamics remain healthy and the SPX is above 6028-6059. Short-term supports on SPX include 6400-6410, the 3-month uptrend (currently at ~6380), 6200, 6100-6150, and 6028-6059</li>
<li>Bullish Developments Continue: DJI and Russell 2000 Breakouts and Much More</li>
</ul>


We remain near-term bullish since our 4/22/25 Compass, and our intermediate-term outlook remains bullish as well (as of our 5/14/25 Compass). We will maintain our bullish outlook as long as...
...market dynamics remain healthy and the SPX is above 6028-6059. Short-term supports on SPX include 6400-6410, the 3-month uptrend (currently at ~6380), 6200, 6100-6150, and 6028-6059
Bullish Developments Continue: DJI and Russell 2000 Breakouts and Much More


Dow Jones Industrial Average (INDU INDEX)

DJI and Russell 2000 Breaking Out; Staying Bullish; Bullish Developments Continue

Russell 2000 Index

DJI and Russell 2000 Breaking Out; Staying Bullish; Bullish Developments Continue