Vermillion Capital

Vermilion delivers timely, actionable, and unique technical research to professional investors through the application of our discipline. We believe our research methodology, which is not limited by industry sector or market capitalization, enables our team to deliver superior investment recommendations to our clients. Vermilion produces both U.S. and international technical research. Vermilion Research, L.L.C. was founded in 2006 by Joseph Jasper and David Nicoski and is based in Minneapolis, Minnesota. Vermilion’s research team has a combined 70 years of experience in the analysis and management of investment securities. 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 that we believe are at major inflection points, based on various technical indicators, and offer asymmetric risk/return profiles. We believe our research methodology, which is not limited by industry sector or market capitalization, will enable the firm to deliver superior investment recommendations. Our process begins by organizing more than 5,500 stocks into sectors, and then into industry groups. We then apply technical analysis tools to identify developing price trends. Once attractive trends are identified within a selected group or groups, we screen for individual stocks that we believe offer the best risk/reward profile. We also acknowledge the fundamental factors that impact various sectors, groups or individual stocks. Finally, we provide a historical perspective that often reveals, through our long-term charts, how price patterns often repeat themselves over time. Technical Analysis Explained Technical analysis is the study of price and volume relationships as a means to gain insight into the stock market and individual stock trends. The underlying premise of technical analysis is that investors’ perceptions toward a sector, group, or stock drive the supply and demand. A pattern of movement establishes a trend. Therefore, inflections or trend violations may occur and forecast changes in the direction of stock prices.