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

Technical Analyst, Vermilion Research

Joe Jasper

Technical Analyst

Technical Analysis

<ul>
<li>We remain bullish (as of our 4/21/26 Compass) on the S&amp;P 500 (SPX), Nasdaq 100 (QQQ), and Russell 2000 (IWM), and we recently recommended buying the pullback on May 19.</li>
<li>Expect short-term support at 8-day EMAs on SPX and QQQ, has been the case since early-April; if 8-day EMAs break, expect ideal buy opportunities at 20-day MAs on SPX/QQQ</li>
<li>Downgrading Staples and Utilities to Underweight; Upgrading Services to Market Weight. Buys highlighted in Solar Energy, 3D Printing, Lidar Sensors, and AI Manufacturing Solutions</li>
</ul>


We remain bullish (as of our 4/21/26 Compass) on the S&amp;P 500 (SPX), Nasdaq 100 (QQQ), and Russell 2000 (IWM), and we recently recommended buying the pullback on May 19.
Expect short-term support at 8-day EMAs on SPX and QQQ, has been the case since early-April; if 8-day EMAs break, expect ideal buy opportunities at 20-day MAs on SPX/QQQ
Downgrading Staples and Utilities to Underweight; Upgrading Services to Market Weight. Buys highlighted in Solar Energy, 3D Printing, Lidar Sensors, and AI Manufacturing Solutions


Downgrading Staples and Utilities to Underweight; Upgrading Services to Market Weight

T1 Energy

Downgrading Staples and Utilities to Underweight; Upgrading Services to Market Weight