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

VanEck Gold Miners ETF/USA / Technical Analysis

<ul>
<li>We remain bullish on the S&amp;P 500 and Nasdaq 100 (QQQ), as they both refuse to close below their 20-day MAs or 21-day EMAs for more than 2-3 consecutive days.</li>
<li>Once we do get 2-3 closes below the 20-day MAs on SPX and QQQ, it would mark the beginning of a pullback (a potentially rapid one, at that)</li>
<li>Next supports currently at 4983-5050 on the S&amp;P 500 and $425-$433 on QQQ (gap supports from 2/22/24), but anything in the 4800-4930 SPX range is a buyable pullback.</li>
</ul>


We remain bullish on the S&amp;P 500 and Nasdaq 100 (QQQ), as they both refuse to close below their 20-day MAs or 21-day EMAs for more than 2-3 consecutive days.
Once we do get 2-3 closes below the 20-day MAs on SPX and QQQ, it would mark the beginning of a pullback (a potentially rapid one, at that)
Next supports currently at 4983-5050 on the S&amp;P 500 and $425-$433 on QQQ (gap supports from 2/22/24), but anything in the 4800-4930 SPX range is a buyable pullback.


More Long-Term Breakouts in Energy, Utilities, Gold Miners; Bullish Outlook Intact

Research from Water Tower Research, Water Tower Research

Water Tower Research

Research from Water Tower Research

Water Tower Research is a leading equity research firm that provides research on micro, small and mid cap companies.

Water Tower Research was founded by Wall Street veterans after witnessing a fundamental shift in the investment research industry with the result being a declining knowledge base among investors, a lack of awareness and a shrinking pool of fundamental research being conducted on companies across the small-cap and micro-cap spectrum. The same issues are now increasingly occurring in the mid-cap space. This sea change within the investment community is impacting not only the companies themselves but also current shareholders and potential investors. With significantly less active sell-side sponsorship by Wall Street, a substantial information gap has developed between companies and various constituents in the financial community. The net result is fewer channels for insight and information to flow between companies and investors.

Equity Research Firm

Thematic (Sector/Industry)

<ul><li>The WTR Sustainable Index was up by 1.5% W/W versus the S&amp;P 500 Index (up 0.4%), the Russell 2000 Index (up 2.5%), and the Nasdaq Index (down 0.5%).</li><li>Energy Technology (13.2% of the index) was up by 4.1%, while Industrial Climate and Ag Technology (56.8% of the index) was up by 1.3%, ClimateTech Mining was down 3.5%, and Advanced Transportation Solutions (24.0% of index) was up 1.0%.</li><li>Top 10 Performers: KULR, OUST, NKLA, CRGE, SUNW, SX, NVVE, REX, SLDP, EXRO</li></ul>

The WTR Sustainable Index was up by 1.5% W/W versus the S&amp;P 500 Index (up 0.4%), the Russell 2000 Index (up 2.5%), and the Nasdaq Index (down 0.5%).Energy Technology (13.2% of the index) was up by 4.1%, while Industrial Climate and Ag Technology (56.8% of the index) was up by 1.3%, ClimateTech Mining was down 3.5%, and Advanced Transportation Solutions (24.0% of index) was up 1.0%.Top 10 Performers: KULR, OUST, NKLA, CRGE, SUNW, SX, NVVE, REX, SLDP, EXRO

Weekly Sustainable Investing Surveyor - Week Ended March 28, 2024

Head of Research and Global Chief Strategist, Steno Research

Andreas Steno

Head of Research and Global Chief Strategist

Macro and Geopolitical Research House

Steno Research

Steno Research is a new macro and geopolitical research house. We are based out of Copenhagen, Denmark, but have an international team and a strong network of sources and partners around the world. The team is lead by Andreas Steno, previous global head of strategy at Nordea Bank, and Mikkel Rosenvold, former chief consultant in the Danish Ministry of Finance.

Macroeconomics

<ul><li>Loads of stuff are going on in Global Macro, with global equities on the rise yet again, the JPY struggling a bit after unsuccessful attempts from policymakers, including the verbal FX intervention from MoF and BoJ today, and the Spanish HICP numbers, which we hit right on the mark! The benign base effects and dovish outlook has potentially paved the way for a cut in June, but what should you look out for in the meantime?</li><li>We give you 5 topics from our watchlist.</li><li>This week we are watching out for the following 5 topics within global macro.</li></ul>

Loads of stuff are going on in Global Macro, with global equities on the rise yet again, the JPY struggling a bit after unsuccessful attempts from policymakers, including the verbal FX intervention from MoF and BoJ today, and the Spanish HICP numbers, which we hit right on the mark! The benign base effects and dovish outlook has potentially paved the way for a cut in June, but what should you look out for in the meantime?We give you 5 topics from our watchlist.This week we are watching out for the following 5 topics within global macro.

5 Things We Watch – Cyclicals, Baltimore Bridge, ECB, USDJPY & Sentiment

<ul><li>The WTR Sustainable Index was down by 1.1% W/W versus the S&amp;P 500 Index (up 2.3%), the Russell 2000 Index (up 1.6%), and the Nasdaq Index (up 3.0%).</li><li>Energy Technology (12.5% of the index) was up by 1.5%, while Industrial Climate and Ag Technology (55.5% of the index) was up by 1.4%, ClimateTech Mining was down 3.0% and Advanced Transportation Solutions (24.2% of index) was down 8.1%.</li><li>Top 10 Performers: GOEV, AMTX, ZEV, LICY, LIDR, EVTV, FFIE, <span style="font-size: var(--content-font-size);">KULR, MVST, NEOV</span></li></ul>

The WTR Sustainable Index was down by 1.1% W/W versus the S&amp;P 500 Index (up 2.3%), the Russell 2000 Index (up 1.6%), and the Nasdaq Index (up 3.0%).Energy Technology (12.5% of the index) was up by 1.5%, while Industrial Climate and Ag Technology (55.5% of the index) was up by 1.4%, ClimateTech Mining was down 3.0% and Advanced Transportation Solutions (24.2% of index) was down 8.1%.Top 10 Performers: GOEV, AMTX, ZEV, LICY, LIDR, EVTV, FFIE, KULR, MVST, NEOV

Weekly Sustainable Investing Surveyor - NWeek Ended March 22, 2024

Global Multi-Asset Investment Strategist, True Insights

Jeroen Blokland

Global Multi-Asset Investment Strategist

Build Well-Diversified Multi-Asset Portfolios

True Insights

Our research helps investors build well-diversified multi-asset portfolios and profit from market developments. In addition, our unique and proven Macro – Sentiment – Valuation (MSV) investment framework ensures a consistent flow of new investment opportunities. Together with our market views, these opportunities will be reflected in our live ETF-based Global Multi-Asset Portfolios.

Cross Asset Strategy

<ul>
<li>Switzerland sparks the start of a global wave of monetary policy easing. And it’s only March!</li>
<li>Why are central banks already contemplating rate cuts when inflation levels are significantly above target, and the global economy is at full employment?</li>
<li>I explain why investors should pay more attention to the MOVE Index and less to the VIX Index. It comes down to the answer to the question above.</li>
</ul>


Switzerland sparks the start of a global wave of monetary policy easing. And it’s only March!
Why are central banks already contemplating rate cuts when inflation levels are significantly above target, and the global economy is at full employment?
I explain why investors should pay more attention to the MOVE Index and less to the VIX Index. It comes down to the answer to the question above.


The Weekly Market Monitor – Global Monetary Policy Easing Has Begun!

United States

The S&P 500® is widely regarded as the best single gauge of large-cap U.S. equities and serves as the foundation for a wide range of investment products. The index includes 500 leading companies and captures approximately 80% coverage of available market capitalization.

S&P 500 INDEX (SPX INDEX)

More Long-Term Breakouts in Energy, Utilities, Gold Miners; Bullish Outlook Intact

More Long-Term Breakouts in Energy $XLE $RSPG, Utilities $XLU, and Gold Miners $GDX $GDXJ $AEM $RGLD $EGO $SA $IAG; Rally Broadening Out; Bullish...

Vermilion Research

Weekly Sustainable Investing Surveyor - Week Ended March 28, 2024

The WTR Sustainable Index was up by 1.5% W/W versus the S&P 500 Index (up 0.4%), the Russell 2000 Index (up 2.5%), and the Nasdaq Index (down 0.5%).

Water Tower Research

5 Things We Watch – Cyclicals, Baltimore Bridge, ECB, USDJPY & Sentiment

Loads of stuff are going on in Global Macro, with global equities on the rise yet again, the JPY struggling a bit after unsuccessful attempts from...

Steno Research

Weekly Sustainable Investing Surveyor - NWeek Ended March 22, 2024

The WTR Sustainable Index was down by 1.1% W/W versus the S&P 500 Index (up 2.3%), the Russell 2000 Index (up 1.6%), and the Nasdaq Index (up 3.0%).

Water Tower Research

The Weekly Market Monitor – Global Monetary Policy Easing Has Begun!

Start your week in financial markets with last week's biggest charts and stories! Start ahead and read the Weekly Market Monitor!

Jeroen Blokland