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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
2015-07-21 COMMENT Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets. There has been some divergences building in the market which has made it harder for the market to go higher. Pushing higher is harder right now. Some parts of the market are working well, so some of the divergences may only be apply to the more procyclical part of the market. You need to look for where ever you can find investment opportunities. 2014 was a good year for defensive stocks, peaked in January, but then had a big sell-off and have come off to trend. He doesn't think the procyclicals are going to come off big time, but the defensive; the utilities, the staples, the healthcare, the biocare will come back to the forefront. The industrials will take a back seat.

 


Price:
$0.020
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
Unknown
2015-07-21 COMMENT Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Market breadth. We don't want the market to be lead by fewer and fewer stocks or you don't want the market being lead by the index.. Once some of these things change you get some bigger downside market corrections. Had some pretty good market breadth in early May, but ever since then we have had the market led by fewer and fewer stocks or led by the index. In 2007-08, the market breadth was showing narrow leadership, the indexes were rising up, and the XIUF was rising. We aren't seeing all the same indicators at that depth in today's market. “Just because we have run for 6 years doesn't mean we are going to have to be taken out to the wood shed”. It just means that we are right for a correction. This could happen either with price going down or in terms of time with things going sideways or a combination of both.

 


Price:
$0.020
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
Unknown
2015-07-21 COMMENT Must be logged in to use chart AGT-T AGT Food & Ingredients

Pretty good space. Gluten free is all the rage. The stock chart has been pretty whippy lately, pretty volatile. Would like to see the stock holding around $30.86 though. Right space, volatility is high, but the intermediate trend will go higher.


Price:
$31.180
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
Unknown
2015-07-21 COMMENT Must be logged in to use chart ATD.B-T Alimentation Couche-Tard (B)

It is a really good space. It had a pretty good run. It may come off though. Recommends a consumer staple ETF.  Loblaws or Weston you could buy today, but may be a little bit expensive. Recommends Ticker XST on the TSX which has Couche Tard, Loblaws, Metro, Saputo and more.

 


Price:
$57.510
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
Unknown
2015-07-21 COMMENT Must be logged in to use chart BA-N Boeing

Recently made an all time high, but then came down. He used to own it, but got rid of it in Feb. Anywhere between $145 and $140.00 is probably a pretty good buying range. If you own it, hold onto it. If it break $140.00 you might want to think of selling.

 


Price:
$145.000
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
Unknown
2015-07-21 TOP PICK Must be logged in to use chart BCE-T BCE Inc.

 

Full disclosure: BCE is the parent of their network. He feels that BCE represents a really good buying opportunity. Lows are in place for the last 6 months. Thinks it is a good risk reward. If it gets above $56.00 it looks very intriguing. Target is in the low $70's. Could also look at buying Telus and AT&T, but thinks BCE is more interesting because it offers a full compliment of services.


Price:
$53.510
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
Yes
2015-07-21 WATCH Must be logged in to use chart CPG-T Crescent Point Energy Corp

He sold all of his energy stocks last fall, hasn't dabbled back into it yet. It is a really interesting idea. If it could hold the December low, it could be an opportunity for a seasonal trade. Recommends sitting on the sidelines and watching.


 


Price:
$21.830
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
Unknown
2015-07-21 COMMENT Must be logged in to use chart CVX-N Chevron Texaco

Doesn't show the pattern he looks for. Indicators are low. Looks like it is oversold. Could look at the XLE-US which is the basket of the energy sector US ETF. Could add to this name or wait and see if the whole space is actually moving up and at the same time watch Chevron to see if it is going to catch up.

 


Price:
$93.900
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
Unknown
2015-07-21 COMMENT Must be logged in to use chart DML-T Denison Mines Corp

This whole space has not been a good place to be. The precious metals and the industrial metals spaces are terrible right now. Technicals are showing the indicators are really, really oversold.

 


Price:
$0.670
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
Unknown
2015-07-21 TOP PICK Must be logged in to use chart EMA-T Emera Inc

Had it, but sold it. They like it because it had the strongest bounce back that they saw in June. They think it is really interesting. They recently bought it again. Good name. Fantastic balance sheet. They have really good benefits if the US dollar continues to strengthens against the Canadian dollar. Thinks the investors will be rewarded. Better quality, low payout. 20% return over the next year plus the dividend is reasonable.


Price:
$42.300
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
Yes
2015-07-21 PAST TOP PICK Must be logged in to use chart FTS-T Fortis Inc.

(Past Top Pick, July 15, 2014,  up 17.74%) Has done well. Sold most of their stock in January and February. Recently bought some and may be buying more today. Well run company. They love them.

 


Price:
$36.770
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
Yes
2015-07-21 COMMENT Must be logged in to use chart FTT-T Finning Int

Had it, but sold it all in Oct. The chart is showing a fishbowl with a rounded top. Thinks it will go back to the $20.00 range. It is in a space that might be a little problematic.



Price:
$22.050
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
Unknown
2015-07-21 COMMENT Must be logged in to use chart HSBC-N HSBC Holdings P L C

Should be seeing a bit of a tail wind that we have been seeing financials getting from February onward. On the positive side we are seeing higher lows. Would like to see it get above $45.80 moving to the next cluster around $48.00. Probably better names out there like, J.P. Morgan, CitiGroup, or Bank of America.


Price:
$45.530
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
Unknown
2015-07-21 COMMENT Must be logged in to use chart IPL-T Inter Pipeline

Will look a lot like some of the defensive names. It has the energy element to it. It had a long slow downtrend. It had a December low which made a “hammer”and flushed out a lot of people. Coming back right now to revisit that low. Feels that there are lots in this space which are really good risks.  (ie. IPL-T, TRP-T)


Price:
$27.810
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
Unknown
2015-07-21 DON'T BUY Must be logged in to use chart MRE-T Martinrea

There were issues with management and the co-founders and once problems were settled the stock went higher. These things were reflected in the price. He recommends waiting before buying call options because it looks like it is starting to roll over a little bit. The indicators are getting a little bit soft. Wait for it to test, there is a divergence. No rush to buy, feels that it is heading down.


Price:
$13.350
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
Unknown
Showing 1 to 15 of 1,073 entries
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