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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
2014-04-07 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets. S&P 500 chart shows a nice upward trend, but has a short-term Sell signal in place right now. This was kind of expected 2 weeks ago. It is now a question of how deep do we get. There was a bit of rotation with some areas not doing too badly, consumer staples, energy and utilities. It’s the next phase of the intermediate frame that we are in that is more important. Thinks this dip will be bought. TSX chart is pretty similar. There are certain components of the TSX, such as energy and gold that have actually have a little bit of floor beneath them.


Price:
$0.020
Subject:
TECHNICAL ANALYSIS & MACRO STRATEGY
Bias:
UNKNOWN
Owned:
_N/A
2014-04-07 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Copper. Copper is supposedly meant to tell us where things are going economically, but it’s predictive abilities was only about 30% over the last 20 years or so. Expects this has been really skewed by what has been happening in China. In the band of between $2.85 and $3.10, if it goes below that, he calls into question demand going forward. Copper needs China to participate.


Price:
$0.020
Subject:
TECHNICAL ANALYSIS & MACRO STRATEGY
Bias:
UNKNOWN
Owned:
_N/A
2014-04-07 PAST TOP PICK Must be logged in to use chart ABBV-N AbbVie Inc.

(A Top Pick March 1/13. Up 38.65%.) Has been pretty volatile in the last little while. If it breaks down, it could go down to $48. Healthcare is still in a secular bull market, which is really positive. This is the place to be for the next 20 years.


Price:
$50.620
Subject:
TECHNICAL ANALYSIS & MACRO STRATEGY
Bias:
UNKNOWN
Owned:
Yes
2014-04-07 TOP PICK Must be logged in to use chart AEP-N American Electric Power Company Inc

At a previous high last May that he would like to see it gets through, but more importantly it has a strong upper trend. Utilities are starting to move up on the weeklies so when you see this action happening, we have a longer-term negative/sideways trend and a shorter trend, this really peaks his interest. Great dividend. Sells at a little bit of a discount to its peers.


Price:
$50.690
Subject:
TECHNICAL ANALYSIS & MACRO STRATEGY
Bias:
UNKNOWN
Owned:
Yes
2014-04-07 COMMENT Must be logged in to use chart BNS-T Bank of Nova Scotia

One of the few pure banking plays that he owns. Chart shows the stock tested down at the beginning of February. Has support underneath it. Has been a bit of a laggard compared to other banks stocks. Thinks the stock can get above $67 before June.


Price:
$64.660
Subject:
TECHNICAL ANALYSIS & MACRO STRATEGY
Bias:
UNKNOWN
Owned:
Yes
2014-04-07 BUY Must be logged in to use chart CCO-T Cameco Corporation

Thinks this is a good place to enter. You have a couple of places to put a Stop in such as around $25 as well as $23. Risk/reward is really good.


Price:
$25.470
Subject:
TECHNICAL ANALYSIS & MACRO STRATEGY
Bias:
UNKNOWN
Owned:
Unknown
2014-04-07 BUY Must be logged in to use chart CLS-T Celestica Inc

Has a bit of a more positive chart than the rest of the sector. Made several attempts to break out above $11.40, which it finally did and now it is coming back to test it. Right here at, $11.40-$11.70 is a pretty good entry point. Some of the indicators are kind of coming off and we are getting rid of some of the overbought situation.


Price:
$11.780
Subject:
TECHNICAL ANALYSIS & MACRO STRATEGY
Bias:
UNKNOWN
Owned:
Unknown
2014-04-07 WATCH Must be logged in to use chart CMP-N Compass Minerals International

This is one of the cases in technicals and possibly in fundamentals as well, where you would want to Buy it somewhere higher or somewhere lower. He would rather buy this above its recent high of $87-$80 or somewhere around $80. Currently it is “filling the gap” so from a risk perspective, you either buy at the lower end for a shorter trade or $88+ if you are a cautious or a long-term investor.


Price:
$82.910
Subject:
TECHNICAL ANALYSIS & MACRO STRATEGY
Bias:
UNKNOWN
Owned:
Unknown
2014-04-07 COMMENT Must be logged in to use chart DML-T Denison Mines Corp

Chart has a nice solid upward trend line and shows a pennant formation, which usually indicates a continuation. As we push into June, the stock should participate in the rotation. He prefers First Quantum (FM-T).


Price:
$1.660
Subject:
TECHNICAL ANALYSIS & MACRO STRATEGY
Bias:
UNKNOWN
Owned:
Yes
2014-04-07 COMMENT Must be logged in to use chart ELD-T Eldorado Gold

He owns iShares S&P/TSX Global Gold (XGD-T) and Agnico Eagle (AEM-T). Chart shows several lows for the year with the last one being a higher low. Golds tend to have their strongest periods in the summer and then again in early winter.


Price:
$6.480
Subject:
TECHNICAL ANALYSIS & MACRO STRATEGY
Bias:
UNKNOWN
Owned:
No
2014-04-07 BUY on WEAKNESS Must be logged in to use chart FFH-T Fairfax Financial

This tends to hold up pretty well in bad markets, with the thinking that Prem Watsa is pretty smart and did very well in 2008, using credit default swaps. Have looked at this several times, but the liquidity and the volatility never presents itself at a perfect time. Chart shows a nice long base, but with the large gap between the base and the current price.  He would be a bit concerned if it broke down through the $470 level which would bring it down to the range of between $440 and $463. This would be a point where he would be looking to get in.


Price:
$476.700
Subject:
TECHNICAL ANALYSIS & MACRO STRATEGY
Bias:
UNKNOWN
Owned:
No
2014-04-07 BUY on WEAKNESS Must be logged in to use chart IAG-T Industrial-Alliance Life Ins

Prefers Intact Financial (IFC-T) which he feels is the strongest in this space. Insurance business primarily works on 2 things, a good stock market and interest rates that are inclined to rise. Has really good support at $42. Another couple of dollars lower and it would be a Buy.


Price:
$45.670
Subject:
TECHNICAL ANALYSIS & MACRO STRATEGY
Bias:
UNKNOWN
Owned:
No
2014-04-07 COMMENT Must be logged in to use chart MA-N Mastercard Inc.

200 day average was right around the $71-$71.50 mark. The fact that an average has been broken isn’t enough to head for the hills. $68-$71 is your real key level. $65 would be a level where he would get out.


Price:
$71.330
Subject:
TECHNICAL ANALYSIS & MACRO STRATEGY
Bias:
UNKNOWN
Owned:
No
2014-04-07 BUY Must be logged in to use chart POT-T Potash Corp of Saskatchewan

Just announced that the CEO is stepping down July 1. Chart is showing a nice long-term trend. Risk/reward is really good right here. There is support coming in at around $35. This area of the market should be good right through to June.


Price:
$37.110
Subject:
TECHNICAL ANALYSIS & MACRO STRATEGY
Bias:
UNKNOWN
Owned:
Yes
2014-04-07 PAST TOP PICK Must be logged in to use chart PPL-N PPL Corp

(A Top Pick March 1/13. Up 13.05%.) American-based utilities that have assets in the UK. He reduced his holdings. Very well run company and he likes the space which is showing strength again. (See Top Picks.)


Price:
$32.800
Subject:
TECHNICAL ANALYSIS & MACRO STRATEGY
Bias:
UNKNOWN
Owned:
No
Showing 1 to 15 of 848 entries
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