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

With the S&amp;P 500 breaking above the June highs and the Russell 2000 bullishly inflecting topside a ~1-month base, it signals a continuation of the uptrends that began in March... see charts below. Therefore, we continue to have a bullish outlook and we believe the path of least resistance remains higher. In today’s report we highlight attractive Groups and stocks within Health Care and Materials: Biotech, Large-Cap, Biotech, Mid-Cap, Gold, Western Hemisphere, Small-Cap, and Silver, Platinum.

With the S&amp;P 500 breaking above the June highs and the Russell 2000 bullishly inflecting topside a ~1-month base, it signals a continuation of the uptrends that began in March... see charts below. Therefore, we continue to have a bullish outlook and we believe the path of least resistance remains higher. In today’s report we highlight attractive Groups and stocks within Health Care and Materials: Biotech, Large-Cap, Biotech, Mid-Cap, Gold, Western Hemisphere, Small-Cap, and Silver, Platinum.

U.S. Equity Strategy: Bullish Outlook Intact

Chart based progressive global trading strategies, Chart Partners

Thomas Schroeder

Chart based progressive global trading strategies

Chart Partners

Chart Partners objective is to discover medium-term cycle turns and profit opportunities before they unfold, within structural trends while preserving capital with clear degrees of risk. We have real return ideas. 

Markets are dynamic and trading systems must reflect this. It is crucial to determine underlying correlations and lead-lag relationships within global markets and the impact on linked instruments. Our weekly Chartonics product gives you short-term trading strategies that can be applied within the medium and longer term macro trends that are mapped out in our strategy updates. 

Our methodology fuses global market variables and isolates drivers in trends. We specialize in FX, index trade in NY and Asia with a focus on Asian stocks. 

Nasdaq-100 Stock Index / Technical Analysis

Mid - July peak in risk is expected to be an overlapping choppy affair into next week where the market will still wants to test the upside and a second failure would nail down a peak for a heavier cycle in July. NDX key reversal is a key first step. US speed bumps in reopening should hit sentiment/price action as virus cases spike with the US administration coming under increasing scrutiny. After spiking off low bases US data is bound to face weakness into September.Webcast covers colors in an NDX (bounce resistance and pivot support that must break to induce a harder US equity cycle), risk FX that are teetering on rolling over, VIX and trendline support in Europe that once broken would trigger a secondary decline.Russell 2000 has been our top short pick/vehicle and pressing on triangle support. NDX is the key driver for US cycle risk and the global cycle.

Mid - July peak in risk is expected to be an overlapping choppy affair into next week where the market will still wants to test the upside and a second failure would nail down a peak for a heavier cycle in July. NDX key reversal is a key first step. US speed bumps in reopening should hit sentiment/price action as virus cases spike with the US administration coming under increasing scrutiny. After spiking off low bases US data is bound to face weakness into September.Webcast covers colors in an NDX (bounce resistance and pivot support that must break to induce a harder US equity cycle), risk FX that are teetering on rolling over, VIX and trendline support in Europe that once broken would trigger a secondary decline.Russell 2000 has been our top short pick/vehicle and pressing on triangle support. NDX is the key driver for US cycle risk and the global cycle.

<a href="https://www.smartkarma.com/entities/s-p-500" target="_blank" data-smartkarma-citation="entities:22886:1" rel="noopener">S&amp;P 500 (SPX INDEX)</a> is teetering on a more bullish break point that will define a wave 5 thrust higher or secondary pullback within the summer flat corrective range with support near 2,950.3,220 and 3,080 will act as key break points for a continued rally or second part of a summer pullback cycle (the later is the favored sequence for a pullback from 3,200).July cycle peak should align with increased virus cases/concerns and overshadow liquidity over the summer.ISM, demand and growth data spikes have come off of low bases but due to deteriorate as US re opening faces significant speed bumps.Macro remains bullish on weakness until liquidly support fades.

S&amp;P 500 (SPX INDEX) is teetering on a more bullish break point that will define a wave 5 thrust higher or secondary pullback within the summer flat corrective range with support near 2,950.3,220 and 3,080 will act as key break points for a continued rally or second part of a summer pullback cycle (the later is the favored sequence for a pullback from 3,200).July cycle peak should align with increased virus cases/concerns and overshadow liquidity over the summer.ISM, demand and growth data spikes have come off of low bases but due to deteriorate as US re opening faces significant speed bumps.Macro remains bullish on weakness until liquidly support fades.

SPX Buy Summer Weakness - 3,220 and 3,080 Direction Break Points - 3,200 Short Target

New developments outlined in today’s report are of the bullish variety. The way we see it, the positives continue to heavily outweigh the negatives. With positive new developments and essentially nothing new to be worried about, our view remains bullish. Buy the dips. In today’s report we highlight attractive Groups and stocks within Consumer Discretionary and Materials: CD-46 Retailers, Home Improvement, CD-30 Internet Retailers, CD-55 Lawn &amp; Garden, and MA-27 Gold, Western Hemisphere, Small-Cap.

New developments outlined in today’s report are of the bullish variety. The way we see it, the positives continue to heavily outweigh the negatives. With positive new developments and essentially nothing new to be worried about, our view remains bullish. Buy the dips. In today’s report we highlight attractive Groups and stocks within Consumer Discretionary and Materials: CD-46 Retailers, Home Improvement, CD-30 Internet Retailers, CD-55 Lawn &amp; Garden, and MA-27 Gold, Western Hemisphere, Small-Cap.

Our view remains bullish as long as the S&amp;P 500 is above the 2940-2980 support zone and we suggest buying any dips. Additionally, 3076 is a short-term support level to watch on the S&amp;P 500; if 3076 holds it would be further confirmation that the bulls are still in charge. In today’s report we highlight attractive Groups and stocks within Technology: Semiconductors, Mid-Cap, Semiconductor Equip., Large/Mid-Cap, Software, Data Analysis &amp; Solutions, Software, E-Commerce.

Our view remains bullish as long as the S&amp;P 500 is above the 2940-2980 support zone and we suggest buying any dips. Additionally, 3076 is a short-term support level to watch on the S&amp;P 500; if 3076 holds it would be further confirmation that the bulls are still in charge. In today’s report we highlight attractive Groups and stocks within Technology: Semiconductors, Mid-Cap, Semiconductor Equip., Large/Mid-Cap, Software, Data Analysis &amp; Solutions, Software, E-Commerce.

U.S. Equity Strategy: S&P 500 A Coiled Spring

United States

The Russell 2000 Index is comprised of the smallest 2000 companies in the Russell 3000 Index, representing approximately 8% of the Russell 3000 total market capitalization. The index was developed with a base value of 135.00 as of December 31, 1986.

Russell 2000 Index (RTY INDEX)

U.S. Equity Strategy: Bullish Outlook Intact

With the S&P 500 breaking above the June highs and the Russell 2000 bullishly inflecting topside a ~1-month base, it signals a continuation of...

Vermilion Research

NDX Reversal and July Peak in Risk

Mid - July peak in risk is expected to be an overlapping choppy affair into next week where the market will still wants to test the upside and a...

Thomas Schroeder

SPX Buy Summer Weakness - 3,220 and 3,080 Direction Break Points - 3,200 Short Target

S&P 500 (SPX INDEX) is teetering on a more bullish break point that will define a wave 5 thrust higher or secondary pullback within the summer...

Thomas Schroeder

U.S. Equity Strategy: Buy The Dips

New developments outlined in today’s report are of the bullish variety. The way we see it, the positives continue to heavily outweigh the...

Vermilion Research

U.S. Equity Strategy: S&P 500 A Coiled Spring

Our view remains bullish as long as the S&P 500 is above the 2940-2980 support zone and we suggest buying any dips. Additionally, 3076 is a...

Vermilion Research