Metals, Ores, and Mining Firms, Mint Finance

Pranay Yadav

Metals, Ores, and Mining Firms

Deep Fundamental Analysis

Mint Finance

Mint Finance's investment research blends deep fundamental analysis with technical & quant insights. Investment strategies straddle across multiple asset classes with risk management embedded into every trade to deliver an outsized reward-to-risk ratio.

Mint Finance's research is centered around three key themes. First, energy transition and climate change. Second, artificial intelligence. Third, shifting world order with its impact across politics and monetary economics.

Cross Asset Strategy

<ul>
<li>March CPI print came in above expectations at 3.5% YoY. CPI has come in above expectations for the past four months.</li>
<li>Gasoline, shelter, and transportation services were the major inflation drivers.</li>
<li>Dollar was the winner following the release as other currencies weakened. Euro declined the most while JPY weakened the least.</li>
</ul>


March CPI print came in above expectations at 3.5% YoY. CPI has come in above expectations for the past four months.
Gasoline, shelter, and transportation services were the major inflation drivers.
Dollar was the winner following the release as other currencies weakened. Euro declined the most while JPY weakened the least.


[US CPI Review] Energy, Housing, And Services Keep Inflation Hotter Than Expected

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

iShares MSCI Emerging Markets / Technical Analysis

<ul>
<li>The bullish outlook we initiated in early November 2023 remains intact. The SPX and QQQ still refuse to close below their 20-day MAs/21-day EMAs for more than 2-3 consecutive days.</li>
<li>Even if/when they do, important supports are close by, including 4983-5050 on the S&amp;P 500 and $425-$433 on QQQ (gap supports from 2/22/24). Anything above 4800 SPX is a buy.</li>
<li>We continue to get an ever-increasing number of global indexes/Sectors with long-term breakouts, the latest being the MSCI Emerging Market and Frontier indexes. Clearly risk-on behavior.</li>
</ul>


The bullish outlook we initiated in early November 2023 remains intact. The SPX and QQQ still refuse to close below their 20-day MAs/21-day EMAs for more than 2-3 consecutive days.
Even if/when they do, important supports are close by, including 4983-5050 on the S&amp;P 500 and $425-$433 on QQQ (gap supports from 2/22/24). Anything above 4800 SPX is a buy.
We continue to get an ever-increasing number of global indexes/Sectors with long-term breakouts, the latest being the MSCI Emerging Market and Frontier indexes. Clearly risk-on behavior.


Long-Term Breakouts for Emerging and Frontier Markets; Treasury Yields and Commodities Rising YTD

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 down 1.5% W/W versus the S&amp;P 500 Index (down 1.0%), the Russell 2000 Index (down 2.9%), and the Nasdaq Index (down 0.8%).</li><li>Energy Technology (12.7% of the index) was down by 5.0%, while Industrial Climate and Ag Technology (57.1% of the index) was down by 1.0%, ClimateTech Mining was down by 1.9%, and Advanced Transportation Solutions (24.1% of index) was down by 1.2%.</li><li>Top 10 Performers: VVPR, NEOV, KULR, ORGN, EGT, BLDE, WAVE, FAT, AQMS, HCNWF</li></ul>

The WTR Sustainable Index was up down 1.5% W/W versus the S&amp;P 500 Index (down 1.0%), the Russell 2000 Index (down 2.9%), and the Nasdaq Index (down 0.8%).Energy Technology (12.7% of the index) was down by 5.0%, while Industrial Climate and Ag Technology (57.1% of the index) was down by 1.0%, ClimateTech Mining was down by 1.9%, and Advanced Transportation Solutions (24.1% of index) was down by 1.2%.Top 10 Performers: VVPR, NEOV, KULR, ORGN, EGT, BLDE, WAVE, FAT, AQMS, HCNWF

Weekly Sustainable Investing Surveyor - Week Ended April 5, 2024

Asia L/S Equity PM/Macro/Thematic Idea Generation

Rikki Malik

Macroeconomics

<ul>
<li>Stocks and Gold rally as US economy shows continued strength in employment</li>
<li>Under the hood, it is not looking quite so rosy</li>
<li>Meanwhile the Bank of Japan faces its own credibility issue</li>
</ul>


Stocks and Gold rally as US economy shows continued strength in employment
Under the hood, it is not looking quite so rosy
Meanwhile the Bank of Japan faces its own credibility issue


US Employment Report Superficially Strong Again

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.

<ul><li>Welcome to our Monthly Macro Regime monitor.</li><li>Coming into March, we wrote that “We see little change to the optimistic and risk-favoring sentiment for March, and we thus remain in the goldilocks ‘Gung Ho’ regime.</li><li>With tailwinds from both liquidity and growth, we continue to see a great case for continuing to move/stay further out of the risk curve when it comes to allocation.</li></ul>

Welcome to our Monthly Macro Regime monitor.Coming into March, we wrote that “We see little change to the optimistic and risk-favoring sentiment for March, and we thus remain in the goldilocks ‘Gung Ho’ regime.With tailwinds from both liquidity and growth, we continue to see a great case for continuing to move/stay further out of the risk curve when it comes to allocation.

Macro Regime Indicator:  From Stealth QE to Stealth QT

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)

[US CPI Review] Energy, Housing, And Services Keep Inflation Hotter Than Expected

March CPI exceeded expectations at 3.5% YoY, driven by gasoline, shelter, and transportation services. Dollar strengthened against other...

Mint Finance

Long-Term Breakouts for Emerging and Frontier Markets; Treasury Yields and Commodities Rising YTD

Long-Term Breakouts for Emerging and Frontier Markets $EEM $FM; Bullish Outlook Intact on $SPX $QQQ; Treasury Yields and Commodities Rising YTD has...

Vermilion Research

Weekly Sustainable Investing Surveyor - Week Ended April 5, 2024

The WTR Sustainable Index was up down 1.5% W/W versus the S&P 500 Index (down 1.0%), the Russell 2000 Index (down 2.9%), and the Nasdaq Index (down...

Water Tower Research

US Employment Report Superficially Strong Again

Stocks and Gold rise on strong US employment data, but underlying economic concerns persist while Bank of Japan grapples with credibility issues.

Rikki Malik

Macro Regime Indicator: From Stealth QE to Stealth QT

Welcome to our Monthly Macro Regime monitor. Coming into March, we wrote that “We see little change to the optimistic and risk-favoring sentiment...

Steno Research

[US CPI Review] Energy, Housing, And Services Keep Inflation Hotter Than Expected

​March CPI exceeded expectations at 3.5% YoY, driven by gasoline, shelter, and transportation services. Dollar strengthened against other...

Mint Finance

Long-Term Breakouts for Emerging and Frontier Markets; Treasury Yields and Commodities Rising YTD

Long-Term Breakouts for Emerging and Frontier Markets $EEM $FM; Bullish Outlook Intact on $SPX $QQQ; Treasury Yields and Commodities Rising YTD has...

Vermilion Research

Weekly Sustainable Investing Surveyor - Week Ended April 5, 2024

The WTR Sustainable Index was up down 1.5% W/W versus the S&P 500 Index (down 1.0%), the Russell 2000 Index (down 2.9%), and the Nasdaq Index (down...

Water Tower Research

US Employment Report Superficially Strong Again

​Stocks and Gold rise on strong US employment data, but underlying economic concerns persist while Bank of Japan grapples with credibility issues.

Rikki Malik

Macro Regime Indicator: From Stealth QE to Stealth QT

Welcome to our Monthly Macro Regime monitor. Coming into March, we wrote that “We see little change to the optimistic and risk-favoring sentiment...

Steno Research

March CPI exceeded expectations at 3.5% YoY, driven by gasoline, shelter, and transportation services. Dollar strengthened against other...

Stocks and Gold rise on strong US employment data, but underlying economic concerns persist while Bank of Japan grapples with credibility issues.