Int'l Macro Vision: Sector Synopsis
Int'l Equity StrategyOur outlook remains bullish on global equities (MSCI ACWI), though the most bullish regions are those outside of the U.S., notably within Europe and Japan. To recap our recent international reports, we have been expecting near-term downside on ACWI-US and the S&P 500 since our February 27 Int'l Compass, when both ACWI-US and the S&P 500 displayed false breakouts. At that time, we discussed to look for pullbacks to range supports at $116 on ACWI-US and 5770-5850 or 5600-5670 on the S&P 500 in the coming weeks, where we would be buyers. $115-$116 ended up being support on ACWI-US, while support showed up on the S&P 500 at 5500-5600; close enough. So far this has been a solid buy area, and we will remain bullish as long as ACWI-US and the S&P 500 are above $115 and 5500.
We remain overweight Germany (DAX) since January 22, broader Europe (EURO STOXX 50) since March 6, and the U.S. (S&P 500) since as long as we can remember. Considering the rate of outperformance YT
Vermilion Research delivers timely, actionable, and unique research inputs to professional investors. Our research strategists highlight securities which we believe are at major inflection points, based on our various proprietary technical indicators, and offer asymmetric risk/return profiles. We believe our research methodology, which is not limited by industry sector or market capitalization, enables us to deliver superior investment recommendations.
Our process begins by organizing all actively traded stocks into coherent sectors, then into logical industry groups. We then apply our proprietary relative strength tools to identify developing price trends. Once attractive trends are identified within a selected sectors or groups, we screen for individual stocks which we believe offer the best risk/reward profile. Vermilion offers U.S. and global equity market research products. Vermilion’s research team, which has received numerous awards and accolades, has a combined 70 year of experience in the analysis of investment securities.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.