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

Supports to Be Tested Again Following CPI? Stick With Solar Stocks, Buying Manufacturing Names

Pullback Continues; Japan & India Remain Attractive

Finding Leadership Within Emerging Markets

Pullback Underway; Buy Ideas: Energy, Materials, Japan/India Motor Vehicles, Japan Health Care

Technical Analyst, Vermilion Research

Joe Jasper

Technical Analyst

Technical Analysis

<ul>
<li>Key supports are currently being tested at 3900-3910 on the S&amp;P 500, $293 on the Nasdaq 100 (QQQ), and $177-178 on the Russell 2000 (IWM).</li>
<li>We see a bounce as possible at these levels, but breaks below these levels would virtually guarantee a test of the YTD lows -- or worse.</li>
<li>WTI crude oil is breaking below the critical $85 support level, confirming a major top in place. The Bloomberg commodity index needs to break $32.50 to confirm a major top.</li>
</ul>


Key supports are currently being tested at 3900-3910 on the S&amp;P 500, $293 on the Nasdaq 100 (QQQ), and $177-178 on the Russell 2000 (IWM).
We see a bounce as possible at these levels, but breaks below these levels would virtually guarantee a test of the YTD lows -- or worse.
WTI crude oil is breaking below the critical $85 support level, confirming a major top in place. The Bloomberg commodity index needs to break $32.50 to confirm a major top.


S&P 500 Testing 3900 Support; Commodities, WTI Crude Oil Topping?; Buying Uranium, Ag Equipment