Report
Dave Nicoski ...
  • Ross LaDuke
EUR 47.95 For Business Accounts Only

Vermilion ETF Pathfinder: Actionable ETF research & Ideas

S&P 500 Above Support; Market Dynamics Still Risk-On

The Fed injected some volatility into the market last week as they discussed an uncertain inflation outlook and the SEP showed the median expected rate cuts for 2025 fell to just 50bps, down from 100bps at the September meeting. At this point we believe this pullback is a buying opportunity, as market dynamics remain risk-on, the S&P 500 remains above 5850 and 5600-5670 supports, and commodity prices (Bloomberg Commodity index, crude oil, and gasoline) are not rising much at all, suggesting inflation concerns could be overblown. As a result, our outlook remains bullish as long as the S&P 500 remains above 5850 and 5600-5670, and we are buyers on this pullback.
Underlyings
Select Sector SPDR-Consumer Discretionary

Select Sector SPDR-Energy

Select Sector SPDR-Financial

The Communication Services Select Sector SPDR Fund

Provider
Vermilion Research
Vermilion Research

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.

Analysts
Dave Nicoski

Ross LaDuke

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