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>Our global intermediate-term outlook remains bullish on MSCI ACWI (in place since our 5/14/25 Compass) after ACWI-US held at crucial $134 support.</li>
<li>We are also upgrading our near-term outlook to bullish on MSCI ACWI (after being neutral since our 3/17/26 Int'l Macro Vision).</li>
<li>We dedicated last week's Int'l Compass(April 16) to Technology, and we're doing it again today. With the market breaking out from its multi-month consolidation, Technology is likely to continue leading</li>
</ul>


Our global intermediate-term outlook remains bullish on MSCI ACWI (in place since our 5/14/25 Compass) after ACWI-US held at crucial $134 support.
We are also upgrading our near-term outlook to bullish on MSCI ACWI (after being neutral since our 3/17/26 Int'l Macro Vision).
We dedicated last week's Int'l Compass(April 16) to Technology, and we're doing it again today. With the market breaking out from its multi-month consolidation, Technology is likely to continue leading


TSMC (Taiwan Semiconductor Manufacturing) (TSM US)

TSMC (Taiwan Semiconductor Manufacturing)

TSMC (Taiwan Semiconductor Manufacturing) (2330 TT)

Korea Stock Exchange Kospi Index (KOSPI INDEX)

Taiwan Stock Exchange Weighted Index (TWSE INDEX)

Overweight Technology; Upgrading Near-Term Outlook to Bullish; Technology Remains in Focus

SK Hynix

Overweight Technology; Upgrading Near-Term Outlook to Bullish; Technology Remains in Focus