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

The Russell 2000 (IWM) has been moving sideways for 7 months between $208 and $234.50, emblematic of the mixed market environment that we still find ourselves in. As long as $208 support holds we remain constructive on the overall market. On the plus side, conditions have been improving over the past two weeks -- not getting worse (more on this below). This increases the odds of a breakout above $234.50 on the IWM in the coming weeks or months, which would signal the start of a new broad-based bull market.Charts Highlighted: EEM, JD, NFLX, TSLA, YZCAY, BTU, HCC, ARCH, ARLP, CG, ARES, AB, CNS, VRTS, BSIG, VCTR, FDUS, PLD, REXR, FR, STAG, IIPR, TRNO, PSA, EXR, CUBE, LSI, and NSA

The Russell 2000 (IWM) has been moving sideways for 7 months between $208 and $234.50, emblematic of the mixed market environment that we still find ourselves in. As long as $208 support holds we remain constructive on the overall market. On the plus side, conditions have been improving over the past two weeks -- not getting worse (more on this below). This increases the odds of a breakout above $234.50 on the IWM in the coming weeks or months, which would signal the start of a new broad-based bull market.Charts Highlighted: EEM, JD, NFLX, TSLA, YZCAY, BTU, HCC, ARCH, ARLP, CG, ARES, AB, CNS, VRTS, BSIG, VCTR, FDUS, PLD, REXR, FR, STAG, IIPR, TRNO, PSA, EXR, CUBE, LSI, and NSA

Conditions Continue To Improve; EM Buy Signal; Growth Outperforming; Gold Vs. SPX Downtrend Intact

Alpha-Centric ESG Research

Kyle Rudden

In <a href="https://www.smartkarma.com/insights/cannabis-stocks-esg-considerations-for-a-budding-industry" target="_blank" data-smartkarma-citation="insights:56947" rel="noopener">Cannabis Stocks: ESG Considerations for a Budding Industry</a>, I addressed ESG considerations related to the legal cannabis industry. The cannabis industry is an emergent subject of debate in ESG circles, and a real conundrum from an ESG perspective. That Insight covered two aspects:<ol>
<li>
Classification: Whether cannabis stocks should be considered "sin stocks" (along with alcohol, gambling, adult entertainment, and tobacco). This is the crux of most discussions to date, and primarily affects exclusionary screening typical of socially-responsible investing (SRI).</li>
<li>
ESG Concerns: Regardless of classification, the cannabis industry presents a multitude of ESG concerns relevant to general ESG investing. Environmental concerns dominate, and are mostly negative. Social and Governance issues are more balanced, and more company-specific.</li>
</ol>This Insight takes that conversation a step further, assessing the current cadre of cannabis-related stocks and identifying the most ESG-friendly among them. It is a subjective assessment, albeit one based on generally accepted criteria (based on the little discourse the ESG world has held so far).

In Cannabis Stocks: ESG Considerations for a Budding Industry, I addressed ESG considerations related to the legal cannabis industry. The cannabis industry is an emergent subject of debate in ESG circles, and a real conundrum from an ESG perspective. That Insight covered two aspects:

Classification: Whether cannabis stocks should be considered "sin stocks" (along with alcohol, gambling, adult entertainment, and tobacco). This is the crux of most discussions to date, and primarily affects exclusionary screening typical of socially-responsible investing (SRI).

ESG Concerns: Regardless of classification, the cannabis industry presents a multitude of ESG concerns relevant to general ESG investing. Environmental concerns dominate, and are mostly negative. Social and Governance issues are more balanced, and more company-specific.
This Insight takes that conversation a step further, assessing the current cadre of cannabis-related stocks and identifying the most ESG-friendly among them. It is a subjective assessment, albeit one based on generally accepted criteria (based on the little discourse the ESG world has held so far).

Cannabis Stocks: Some of the More ESG-Friendly Stocks in This Budding Industry

United States

Innovative Industrial Properties, Inc. owns and leases industrial real estate assets. The Company focuses on the acquisition, disposition, construction, development, and management of industrial facilities leased to tenants in the regulated medical-use cannabis industry. Innovative Industrial Properties conducts its business in the United States.

Innovative Industrial Properties (IIPR US)

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Innovative Industrial Properties (IIPR US)

Conditions Continue To Improve; EM Buy Signal; Growth Outperforming; Gold Vs. SPX Downtrend Intact

Emerging markets (EEM) appear to be bottoming; one attractive buy candidate is JD.com (JD). We also highlight buy opportunities within Energy...

Vermilion Research

Cannabis Stocks: Some of the More ESG-Friendly Stocks in This Budding Industry

This Insight assessing the current cadre of cannabis stocks and identifies the most ESG-friendly among them. Most being the operative word, because...

Kyle Rudden

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