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Compiling comments that experts make about stocks while on public TV.

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Hap (Robert) Sneddon FCSI , Portfolio Manager/Analyst

Castlemoore Inc.

Address
1 First Canadian Place
Suite 3700
Toronto, ON
M5X 1C9

Contact Info
Telephone: 416-306-5770
Toll Free: 1-877-289-5673
Fax: 416-664-8801
Email:
Website: http://www.castlemoore.com


Date Signal Chart Symbol Company Opinion Price
2015-04-30 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets.  Doesn’t think the Fed is going to raise interest rates, but thinks that they want us to keep looking at them. He wouldn’t see a change in the scenario until the US 10 year gets above 2.30 and meaningfully stays there. Since January, the utility sector has been heading downwards while the S&P is going higher. However, it has come back to a trend. If there is something meaningful going on, what we will probably see is some really good buying opportunities in things like consumer staples, utilities, healthcare and biotech. If you think the US$ has done its thing, there might be a tailwind for some of these companies.


Price:
$0.020
Subject:
TECHNICAL ANALYSIS & MACRO STRATEGY
Bias:
UNKNOWN
Owned:
_N/A
2015-04-30 PAST TOP PICK Must be logged in to use chart AEP-N American Electric Power Company Inc

(A Top Pick April 7/14. Up 16.47%.) Sold this at around $61 in order to pick up some other names he wanted.


Price:
$56.870
Subject:
TECHNICAL ANALYSIS & MACRO STRATEGY
Bias:
UNKNOWN
Owned:
No
2015-04-30 PARTIAL SELL Must be logged in to use chart BAD-T Badger Daylighting

Chart shows higher lows in January and March, so it is building a base. However, there is going to be a lot of resistance at the current level. This is an investment that he isn’t quite sure about, but the risk/reward is really in your favour. The sector is ranked very poorly on a long-term basis. The shorter trade numbers are really good. Chart shows a downward channel from early 2014, and he would like to see it break out above that. If you own, he would be inclined to take half of your profit and let the rest run.


Price:
$29.940
Subject:
TECHNICAL ANALYSIS & MACRO STRATEGY
Bias:
UNKNOWN
Owned:
Unknown
2015-04-30 COMMENT Must be logged in to use chart BIIB-Q Biogen IDEC Inc.

This is in the right space to him. It is in a sector that he thinks is going to change humanity in a way the PC changed things in 1982, the way the baby boomers did it coming back from the war, or the 2nd Industrial Revolution. These are large secular pictures that really moved society. They happen in such a way that you actually don’t see the occurrences while you’re in them. If you don’t want to look at this one in particular, you can look at any of the biotech related ETF’s. He doesn’t own any of these, but is waiting with bated breath for an opportunity to do that.


Price:
$373.930
Subject:
TECHNICAL ANALYSIS & MACRO STRATEGY
Bias:
UNKNOWN
Owned:
No
2015-04-30 TOP PICK Must be logged in to use chart CNQ-T Canadian Natural Rsrcs

This is what he would call a punt. You could put a little bit, such as 1% allocation to see if it would work. The low points in October, December, January and March flushed out a lot of the sellers and the upside target moved substantially higher. It doesn’t mean it is going to happen, but it laid the groundwork. It is going to rely much more on what is going to happen with oil. Recent earnings were really good. If it started to break above the $43 high in November he would probably add that next little chunk. The downside from here would be about 5%, so the odds are in your favour.


Price:
$40.090
Subject:
TECHNICAL ANALYSIS & MACRO STRATEGY
Bias:
UNKNOWN
Owned:
Yes
2015-04-30 COMMENT Must be logged in to use chart COS-T Canadian Oil Sands

Would you consider Shorting this? Whenever you get one that pays a dividend, it gets a little bit dicey when it comes to Shorting. If this broke above the $14 level, he would say that Shorting would be wrong because something else is going on. Right now, he wouldn’t consider Shorting, but would probably go Long. Just keep your Stops tight.


Price:
$13.110
Subject:
TECHNICAL ANALYSIS & MACRO STRATEGY
Bias:
UNKNOWN
Owned:
Unknown
2015-04-30 COMMENT Must be logged in to use chart CXR-T Concordia Healthcare

This is growth by acquisition. He looked at this, but it was a little too small. Chart shows a gradual upward pitch from last May. Then there were some fundamentals that pushed it higher from December on. It is right on the trend line. It is pretty volatile. The technical target changed a couple days ago and is around $65 now. It is not interesting to him at this time.


Price:
$84.600
Subject:
TECHNICAL ANALYSIS & MACRO STRATEGY
Bias:
UNKNOWN
Owned:
No
2015-04-30 TOP PICK Must be logged in to use chart EXC-N Exelon Corp

This is really a valuation pick within a space that had come off since January. The numbers in January were fantastic. It had really accelerated from October then had a big fall this winter. A big move for a utility company. Has a really nice upside from a technical basis. Risk/reward is really good. If it broke down 5%-6%, then he would back out.


Price:
$34.020
Subject:
TECHNICAL ANALYSIS & MACRO STRATEGY
Bias:
UNKNOWN
Owned:
Yes
2015-04-30 WATCH Must be logged in to use chart GIB.A-T CGI Group (A)

This has been a stellar performer at times. A few times it hit around $51, and is now below that. That brings in the next level where we are going to see some support, which is around $45. The Point and Figure target is around $44-$45. To him it doesn’t look like it is going to run away. If you get this at around the mid-$40, it is probably a good idea. If not you’re going to have to wait until above $58.


Price:
$50.780
Subject:
TECHNICAL ANALYSIS & MACRO STRATEGY
Bias:
UNKNOWN
Owned:
Unknown
2015-04-30 COMMENT Must be logged in to use chart GLW-N Corning Inc

The one area he would be concerned with is when it gets below the $20 level, because that is going to bring in the $17 support level pretty quickly. The technicals target for this was $25, which it hit, and then rolled right off it beautifully. He would look at getting out at $21. If it gets above $45, then you buy some more.


Price:
$20.930
Subject:
TECHNICAL ANALYSIS & MACRO STRATEGY
Bias:
UNKNOWN
Owned:
Unknown
2015-04-30 WAIT Must be logged in to use chart HSBC-N HSBC Holdings P L C

Technical target hasn’t changed much. It is still calling for a bit lower level at around $32. However, it has registered some positive action as it has broken out. That could be positive in 2 ways. It could be a break away gap, or it could be an exhaustion gap. If you own, you could put a stop loss at around $48 on the basis that it could go back to test the lower level at around $41. He would wait for it to prove itself one way or another or buy it a bit lower.


Price:
$49.630
Subject:
TECHNICAL ANALYSIS & MACRO STRATEGY
Bias:
UNKNOWN
Owned:
Unknown
2015-04-30 COMMENT Must be logged in to use chart IMG-T Iamgold Corp

Gold is a really interesting idea right now. From a risk/reward perspective, he thinks it is fantastic. It has been beaten down, but there are early signs of consolidation. The pretty big November low is positive. The action following that really shook the investors and probably deflated a lot of the hopes of gold investors. From November on, there is a little nascent trend starting. He thinks the upside is really strong going forward. If he is wrong, the risk/reward is pretty good.


Price:
$2.700
Subject:
TECHNICAL ANALYSIS & MACRO STRATEGY
Bias:
UNKNOWN
Owned:
No
2015-04-30 HOLD Must be logged in to use chart MMM-N 3M Co.

Chart shows this has formed a kind of tabletop at around $163 from the beginning of the year. If it dropped below $152, it would suggest that we are probably getting into the $130 range. The fact that it is making a basic pattern is very positive. MACD is starting to turn over a little bit, so that may be saying that there could be a little bit more weakness. The long-term chart looks beautiful. There is nothing in the technicals that would indicate any change.


Price:
$156.390
Subject:
TECHNICAL ANALYSIS & MACRO STRATEGY
Bias:
UNKNOWN
Owned:
Unknown
2015-04-30 COMMENT Must be logged in to use chart MRE-T Martinrea

Auto parts manufacturer which is well-liked on the street. The chart over the last 12 months shows that it has actually gone nowhere. The stock doesn’t seem to have a direction. A lot of volatility is showing from 2013. If you buy this and are a long-term investor, you are going to have to go through some volatility. The technical target is around $20.


Price:
$12.050
Subject:
TECHNICAL ANALYSIS & MACRO STRATEGY
Bias:
UNKNOWN
Owned:
Unknown
2015-04-30 COMMENT Must be logged in to use chart PRW-T Petrowest Corp

This stock is acting a little bit different than others in this space. It has sort of flat lined at $0.34. To apply technical analysis to it meaningfully, you would need lots of volume. However, the $0.34 level, where it is now, is pretty meaningful.


Price:
$0.345
Subject:
TECHNICAL ANALYSIS & MACRO STRATEGY
Bias:
UNKNOWN
Owned:
Unknown
Showing 1 to 15 of 1,031 entries
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