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

Agrium / PotashCorp: Fertile Grounds for a Merger

Technical Analyst, Vermilion Research

Joe Jasper

Technical Analyst

Technical Analysis

Potash Corp Of Saskatchewan / Technical Analysis

Breakouts in global fertilizer/potash stocks -- buy<ul><li>Breakouts from multi-year base and bottom patterns are the norm in North American names, including: AGU, CF, IPI, and POT. All four are buys.</li><li>Abroad, in Europe and EM, pullback opportunities are visible in OCI NV (OCI-NL), Incitec Pivot Ltd (IPL-AU), Sociedad Quimica y Minera de Chile (SQM), and Yara Int’l (YAR-NO), Here, too, all four are buys.</li><li>For ETF investors, the Global X Fertilizers/Potash ETF (SOIL) is this theme’s closest pure-play. The names highlighted above account for a 35.8% weighting.</li></ul>

Breakouts in global fertilizer/potash stocks -- buyBreakouts from multi-year base and bottom patterns are the norm in North American names, including: AGU, CF, IPI, and POT. All four are buys.Abroad, in Europe and EM, pullback opportunities are visible in OCI NV (OCI-NL), Incitec Pivot Ltd (IPL-AU), Sociedad Quimica y Minera de Chile (SQM), and Yara Int’l (YAR-NO), Here, too, all four are buys.For ETF investors, the Global X Fertilizers/Potash ETF (SOIL) is this theme’s closest pure-play. The names highlighted above account for a 35.8% weighting.

Sociedad Quimica y Minera de C (SQM/B CI)

Global Fertilizer/Potash Stocks Are Breaking Out. Buy.