Report
Dave Nicoski ...
  • Ross LaDuke
EUR 47.72 For Business Accounts Only

Vermilion Short Shots: Technically Vulnerable Stocks

Short Shots is a collection of technically vulnerable charts culled from the Negative Inflecting and Toppy columns within our Weekly Compass report or from various technical screening processes. The charts contained in this report have developed concerning technical patterns that suggest further price deterioration is likely. For these reasons Short Shots can also be a great source of ideas for investors interested in short-selling candidates.
Underlyings
AbbVie Inc.

AbbVie is a research-based biopharmaceutical company. The company's products are focused on treating conditions such as chronic autoimmune diseases in rheumatology, gastroenterology and dermatology; oncology, including blood cancers; virology, including hepatitis C virus and human immunodeficiency virus; neurological disorders, such as Parkinson's disease; metabolic diseases, including thyroid disease and complications associated with cystic fibrosis; pain associated with endometriosis; as well as other serious health conditions. The company also has medicines in clinical development across immunology, oncology and neuroscience, with additional targeted investment in cystic fibrosis and women's health.

Acadia Realty Trust

Acadia Realty Trust is a real estate investment trust. The company is focused on the ownership, acquisition, development and management of retail properties located primarily in metropolitan areas in United States. The company has three reportable segments, which are Core Portfolio, Funds, and Structured Financing. The Core Portfolio segment consists primarily of retail properties located mainly in metropolitan areas with a long-term investment horizon. The Funds segment holds primarily retail real estate in which the company co-invests with institutional investors. The Structured Financing segment consists of notes and mortgages receivable which are held within the Core Portfolio or the Funds segment.

Agree Realty Corporation

Agree Realty is an integrated real estate investment trust primarily focused on the ownership, acquisition, development and management of retail properties net leased to tenants. The company's assets are held by, and all of its operations are conducted through, directly or indirectly, Agree Limited Partnership, of which the company is the sole general partner and in which it holds a majority interest.

AMC Networks Inc. Class A

AMC Networks is a holding company. Through its subsidiaries, the company is engaged in owning and operating entertainment businesses and assets. The company's operating segments are: National Networks, which includes activities of the company's programming businesses, which include programming networks such as AMC, WE tv, BBC AMERICA, IFC, and SundanceTV in the U.S., and AMC and IFC in Canada; and International and Other, which includes AMC Networks International, the company's international programming businesses consisting of a portfolio of channels; IFC Films, the company's independent film distribution business, and its subscription streaming services Acorn TV and UMC, Shudder and Sundance Now.

Armstrong World Industries Inc.

Armstrong World Industries is a producer of ceiling systems for use primarily in the construction and renovation of commercial and residential buildings. The company designs, manufactures and sells ceiling systems (primarily mineral fiber, fiberglass wool and metal). The company's segments are: Mineral Fiber, which produces suspended mineral fiber and soft fiber ceiling systems for use in commercial and residential settings and includes its joint venture, Worthington Armstrong Venture, that manufactures suspension system (grid) products and ceiling component products; and Architectural Specialties, which produces and sources ceilings and walls for use in commercial settings.

Aura Minerals

Aura Minerals is a Canadian resource company focused on the acquisition, exploration, development and operation of gold and metal projects in the Americas.

Baker Hughes Company Class A

Baker Hughes is an energy technology company. The company's segments are: Oilfield Services, which provides products and services for onshore and offshore operations ranging from drilling, evaluation, completion, production, and intervention; Oilfield Equipment, which provides products and services for the subsea, offshore surface and onshore operating environments; Turbomachinery and Processing Solutions, which provides equipment and related services for mechanical-drive, compression and power-generation applications; and Digital Solutions, which includes condition monitoring, industrial controls, non-destructive technologies, measurement, sensing, and pipeline solutions.

Banco de Chile ADS

Benchmark Electronics Inc.

Benchmark Electronics provides engineering services, technology solutions and manufacturing services. The company provides a range of design, engineering, automation, test, manufacturing and fulfillment solutions that support its customers' products from initial concept and design through prototyping, design validation, testing, ramp-to-volume production, distribution and aftermarket support. From initial product concept to volume production, including direct order fulfillment and aftermarket services, the company provides services and solutions to original equipment manufacturers. The company's customer engagement focuses three key areas: engineering services, technology solutions, and manufacturing services.

Canon Inc. ADS

Chunghwa Telecom Co. Ltd. ADS

Ciboney Group

CME Group Inc. Class A

CME Group is a holding company. Through its subsidiaries, the company exchanges provides a range of global benchmark products across asset classes based on interest rates, equity indexes, foreign exchange (FX), agricultural, energy and metal commodities. The company provides futures and options on futures trading across asset classes through its subsidiary, Chicago Mercantile Exchange Inc. (CME) Globex platform, cash and repo fixed income trading via BrokerTec, and cash and OTC FX trading via EBS. In addition, the company operates central counterparty clearing providers, CME Clearing, a division of CME. The company also provides optimization, reconciliation and processing services through TriOptima, Traiana and Reset.

CNOOC Ltd

CSG Systems International Inc.

CSG Systems International is a revenue management and digital monetization, customer experience, and payment solutions provider. The company's primary product solutions include: Revenue Management and Digital Monetization, which provides global service providers with a revenue management framework in either a cloud-based or stand-alone environment; Customer Communications Management, which manages and improves the customer experience, from onboarding to upgrades, payments to field service management; Payments, which provides options to manage and process payments from their customers; and Managed Services, which operates software products (primarily its software solutions) on behalf of its clients.

CVS Health Corporation

CVS Health is a health company. The company's segments are: Pharmacy Services, which provides a range of pharmacy benefit management solutions, including plan design offerings and administration, formulary management, and retail pharmacy network management services; Retail/Long-Term Care (LTC), which sells prescription drugs and general merchandise, including over-the-counter drugs, provides health care services through its MinuteClinic? walk-in medical clinics and conducts LTC pharmacy operations; and Health Care Benefits, which provides a range of voluntary and consumer-directed health insurance products and related services, including medical, pharmacy, dental and behavioral health plans.

Douglas Emmett Inc

Douglas Emmett is a self-administered and self-managed real estate investment trust. The company owns and operates office and multifamily properties located in Los Angeles County, CA and in Honolulu, HI. The company operates two segments: the acquisition, development, ownership and management of office real estate, and the acquisition, development, ownership and management of multifamily real estate. The services for its office segment include primarily rental of office space and other tenant services, including parking and storage space rental. The services for its multifamily segment include primarily rental of apartments and other tenant services, including parking and storage space rental.

Eagle Pharmaceuticals Inc.

Eagle Pharmaceuticals is a pharmaceutical company focused on developing and commercializing injectable products, mainly in the critical care and oncology areas, using the U.S. Food and Drug Administration's (FDA's) 505(b)(2) New Drug Application regulatory pathway. The company's product portfolio includes four products: Argatroban, an anti-coagulant, thrombin inhibitor for heparin-induced thrombocytopenia; Ryanodex, a muscle relaxant for malignant hyperthermia; Belrapzo; and Bendeka. The company also has advanced product candidates which include EP-4104 (dantrolene sodium for exertional heat stroke), EP-5101 (PEMFEXY?), a pemetrexed injection ready-to-dilute formulation and EGL-5385-C-1701 (fulvestrant).

Essential Utilities, Inc.

FilmOn.com PLC

First Midwest Bancorp Inc.

First Midwest Bancorp is a bank holding company. Through its principal subsidiary, First Midwest Bank (the Bank), the company provides a range of commercial, retail, treasury management, and wealth management products and services to commercial and industrial, agricultural, commercial real estate, municipal, and consumer customers. The Bank operates in the markets of Illinois as well as other market areas including northwestern Indiana and eastern Iowa. The Bank provides a range of deposit products and services, including checking, Negotiable Order of Withdrawal, money market, and savings accounts and various types of short and long-term certificates of deposit.

FLIR Systems Inc.

FLIR Systems designs, develops, markets, and distributes solutions that detect people, objects and substances that may not be perceived by human senses. The company has three segments: Industrial, which develops hand-held, fixed mount, and desktop imaging and measurement products, and thermal and visible spectrum imaging camera cores and related components; Government and Defense, which develops and manufactures imaging and situational awareness solutions for a variety of military, law enforcement, public safety, and other government entities around the world; and Commercial, which provides security solutions for a multitude of applications, including enterprise and infrastructure security.

Frontline Ltd.

General Electric Company

General Electric is a technology industrial company. The company's segments include: Power, which serves power generation, industrial, government and other customers with products and services related to energy production; Renewable Energy, which engineers and manufactures energy equipment and projects, grid solutions and digital services; Aviation, which designs and produces commercial and military aircraft engines, digital components, electric power and mechanical aircraft systems; Healthcare, which provides healthcare technologies; and Capital, which provides financial products and services that build on the company's industry capabilities in aviation, power, renewables, healthcare and other activities.

GRIFOLS S.A.

Helmerich & Payne Inc.

Helmerich & Payne provides drilling services and technologies for oil and gas exploration and production companies. The company's contract drilling business segments are: United States Land, which operates in Colorado, Louisiana, Ohio, Oklahoma, Montana, New Mexico, North Dakota, Pennsylvania, Texas, Utah, West Virginia and Wyoming; Offshore, which operates in United States federal waters in the Gulf of Mexico; and International Land, which has rigs in Argentina, Bahrain, Colombia and United Arab Emirates. The company's drilling technology-based business segment, Helmerich & Payne Technologies, is focused on developing, promoting and commercializing technologies designed to improve the drilling operations.

Highwoods Properties Inc.

Highwoods Properties is a real estate investment trust. The company owns, develops, acquires, leases and manages properties primarily in the business districts of Atlanta, Charlotte, Nashville, Orlando, Pittsburgh, Raleigh, Richmond and Tampa. The company's primary business is the operation, acquisition and development of office properties. The company conducts its activities through its subsidiary, Highwoods Realty Limited Partnership. The company provides a line of real estate services to its customers. The company provides its customers with services such as build-to-suit construction and space modification, including tenant improvements and expansions.

HollyFrontier Corporation

HollyFrontier is a petroleum refiner that produces products such as gasoline, diesel fuel, jet fuel, other lubricant products, and specialty and modified asphalt. The company's segments are: Refining, which involves the purchase and refining of crude oil and wholesale and marketing of refined products; Lubricants and Specialty Products, which includes the production of lubricant products such as base oils, white oils, other products and finished lubricants; and the company's subsidiary, Holly Energy Partners, L.P., which owns and operates logistics and refinery assets consisting of petroleum product and crude oil pipelines, terminals, tankage, loading rack facilities and processing units.

Hollysys Automation Technologies Ltd.

Honda Motor ADS

HORIZONS CDN INS

John Wiley & Sons Inc. Class A

John Wiley & Sons is a global research and learning company. Co. has three segments: Research segment, which provides scientific, technical, medical, and scholarly journals, as well as related content and services to libraries and individual researchers, among others; Publishing, which provides scientific, professional, and education books and related content in print and digital formats, test preparation services and course workflow tools, to libraries, corporations, students, professionals, and researchers; and Solutions, which provides online program management services for higher education institutions and learning, development, and assessment services for businesses and professionals.

Magellan Midstream Partners L.P.

Magellan Midstream Partners is engaged in the transportation, storage and distribution of refined petroleum products and crude oil. The company's segments are: refined products, which consists of its refined products pipeline system, independent terminals and ammonia pipeline system; crude oil, which comprises crude oil pipelines, condensate splitter and storage facilities and ships crude oil as a common carrier for customers including crude oil producers, end users such as refiners, and marketing and trading companies; and marine storage, which owns and operates marine storage terminals located along coastal waterways.

Monro Inc

Monro is engaged principally in providing automotive undercar repair and tire sales and services. The company provides a range of services on passenger cars, light trucks and vans for brakes; mufflers and exhaust systems; and steering, drive train, suspension and wheel alignment. The company also provides other products and services, including tires and routine maintenance services, including state inspections. The company focuses on the repair and replacement of parts which periodically replaced as they wear out. The company does not perform under-the-hood repair services except for oil change services, various flush and fill services and some minor tune-up services.

Occidental Petroleum Corporation

Occidental Petroleum has three reporting segments: oil and gas, which explores for, develops and produces oil and condensate, natural gas liquids (NGL) and natural gas; chemical, which mainly manufactures and markets basic chemicals (chlorine, caustic soda, chlorinated organics, potassium chemicals, ethylene dichloride, chlorinated isocyanurates, sodium silicates and calcium chloride) and vinyls (vinyl chloride monomer, polyvinyl chloride and ethylene); and marketing and midstream, which purchases, markets, gathers, processes, transports and stores oil, condensate, NGL, natural gas, carbon dioxide and power.

Perspecta

Perspecta is a provider of end-to-end enterprise information technology and operations-related services across the United States federal government as well as to certain state and local government agencies. Using its enterprise offerings and solutions, the company assists government customers implement modern collaborative workplaces, hybrid cloud platforms and integrated digital systems of engagement with their enterprise management systems. The company's offerings include application services, analytics and data services, applied research, cybersecurity, cloud computing and infrastructure services, digital strategy and transformation, digital workplace, integrated solutions, and investigative services.

Phillips 66

Phillips 66 is an energy manufacturing and logistics company with midstream, chemicals, refining, and marketing and specialties businesses. The company's segments include: Midstream, which provides crude oil and refined petroleum product transportation, terminaling and processing services, as well as natural gas and natural gas liquids transportation, storage, processing and marketing services; Chemicals, which manufactures and markets petrochemicals and plastics on a worldwide basis; Refining, which refines crude oil and other feedstocks into petroleum products; and Marketing and Specialties, which purchases for resale and markets refined petroleum products, mainly in the United States and Europe.

Photronics Inc.

Photronics is a manufacturer of photomasks, which are photographic quartz or glass plates containing microscopic images of electronic circuits. Photomasks are a main element in the manufacture of semiconductors and flat-panel displays (FPDs), and are used as masters to transfer circuit patterns onto semiconductor wafers and FPD substrates during the fabrication of integrated circuits (ICs or semiconductors), and a variety of FPDs and, to a lesser extent, other types of electrical and optical components. The company supports customers across the spectrum of IC production and FPD technologies by manufacturing photomasks using electron beam or optical (laser-based) systems.

Piedmont Office Realty Trust Inc. Class A

Piedmont Office Realty Trust is a real estate investment trust. The company is engaged in the acquisition, development, redevelopment, management, and ownership of commercial real estate properties. The company conducts business primarily through Piedmont Operating Partnership, L.P. (Piedmont OP), as well as performing the management of its buildings through two wholly-owned subsidiaries, Piedmont Government Services, LLC and Piedmont Office Management, LLC. The company is the sole general partner of, Piedmont OP. The company's commercial real estate properties are located in the Eastern United States: Atlanta, Boston, Dallas, Minneapolis, New York, Orlando, and Washington, D.C.

Pinnacle Financial Partners Inc.

Pinnacle Financial Partners is a bank holding company. Through its subsidiary, Pinnacle Bank, the company provides banking services, including investment, mortgage, and insurance services, and wealth management services. The company provides a range of lending products, including commercial, real estate and consumer loans to individuals and small-to medium-sized businesses and other entities. Pinnacle Bank's deposit services include savings, checking, noninterest-bearing checking, interest-bearing checking, money market and certificate of deposit accounts. Pinnacle Bank contracts with Raymond James Financial Services, Inc. to provide and sell various securities and other financial products to the public.

Scholastic Corporation

Scholastic is a publisher and distributor of children's books, a provider of print and digital instructional materials for pre-kindergarten to grade 12, and a producer of educational and entertaining children's media. The company creates books and ebooks, print and technology-based learning materials and programs, classroom magazines and other products that, in combination, provides schools, as well as parents and children, solutions to support children's learning and reading both at school and at home. The company is the operator of school-based book clubs and book fair proprietary channels. It distributes its products and services through these channels, as well as directly to schools and libraries.

Tenaris S.A. ADS

Vodafone Group PLC (ADR)

Walgreens Boots Alliance Inc

Walgreens Boots Alliance is a holding company. Through its subsidiaries, the company is engaged in retail and wholesale pharmacy. The company's operations are organized into three divisions, which are also its reportable segments: Retail Pharmacy USA; Retail Pharmacy International; and Pharmaceutical Wholesale. The Retail Pharmacy USA division has pharmacy-led health and beauty retail offerings. The Retail Pharmacy International division has pharmacy-led health and beauty retail businesses. The Pharmaceutical Wholesale division, which mainly operates under the Alliance Healthcare brand, supplies medicines, other healthcare products and related services to pharmacies, doctors, health centers and hospitals.

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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