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

Viewing Expert

Hap (Robert) Sneddon FCSI , Chief Portfolio Manager & Founder

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
2015-12-29 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets. Thinks there was a Santa Claus rally, but thinks it came out early in September and October. We have a two-tier market. There are some things that are pro-cyclical doing really well, and then a bunch of defensive names that are doing really well. The risk/reward on the TSX is a pretty good market to make an investment in at these levels.


Price:
$0.020
Subject:
TECHNICAL ANALYSIS
Bias:
OPTIMISTIC
Owned:
_N/A
2015-12-29 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

When 20, 50 and 200 day moving averages intersect at the same time, stocks normally takes off. When it comes to moving averages, he prefers what traders are looking at, which tends to be the 125 day. To check this out, do a 20, 50 and 200 day moving average on your chart. Mark out the inflection points. Then do a pure 125 moving average, and see if it is a little bit simpler. You might see that its gets rid of a lot of the noise and is a little bit better.


Price:
$0.020
Subject:
TECHNICAL ANALYSIS
Bias:
OPTIMISTIC
Owned:
_N/A
2015-12-29 TOP PICK Must be logged in to use chart BBH-N (Not List HOLDRs Biotech E.T.F.

There are very few sectors that have a long-term secular bull trend to them. This one started in 2012, and we are at the very beginning of it. If you can deal with the volatility and look back long-term on Biotechs, this is one that it is going to have really revolutionized the world. He has taken a 3rd position of what he wants to have. Has a near upside of about $145. He has a stop loss at around $115.


Price:
$128.290
Subject:
TECHNICAL ANALYSIS
Bias:
OPTIMISTIC
Owned:
Yes
2015-12-29 COMMENT Must be logged in to use chart CXR-T Concordia Healthcare

This is a little more stable compared to Valeant (VRX-T). Chart has a nice little upward trend. It is currently at the retest that was done in October, and if it gets through that there is not going to be a lot of resistance until about the $80 level.


Price:
$57.050
Subject:
TECHNICAL ANALYSIS
Bias:
OPTIMISTIC
Owned:
Unknown
2015-12-29 DON'T BUY Must be logged in to use chart ECA-T Encana Corp

Had a bottom at around the end of November at about $6.50, and if it breaks a bit below that we could have further legs down as it could bring in more sellers. This doesn’t rank well and there is no reason to pick it up.


Price:
$6.930
Subject:
TECHNICAL ANALYSIS
Bias:
OPTIMISTIC
Owned:
Unknown
2015-12-29 PARTIAL BUY Must be logged in to use chart FTS-T Fortis Inc.

Has started to leg into this again. An excellent name with an excellent balance sheet. Loves the utility space. Has a pretty good dividend. The sector ranks in the top 5 out of 13 in the TSX.


Price:
$37.910
Subject:
TECHNICAL ANALYSIS
Bias:
OPTIMISTIC
Owned:
Yes
2015-12-29 PAST TOP PICK Must be logged in to use chart FXI-N iShares Xinhua China 25 ETF

(A Top Pick Jan 8/15. Down 13.08%.) This is an investment that he would buy today. It is a longer term holding for him. China has to get going if the world is going to go. He thinks there is going to be a long devaluation coming, surprising the Fed a little.


Price:
$35.990
Subject:
TECHNICAL ANALYSIS
Bias:
OPTIMISTIC
Owned:
Yes
2015-12-29 COMMENT Must be logged in to use chart G-T Goldcorp Inc

One of the best gold stocks out there. Chart shows that there is a little base being built. Has a lot of history at the $16 level. The 1st point of resistance would be at around $21. This would be a pretty good stock for a trade. Pretty volatile. Feels gold stocks offer pretty good risk/reward here.


Price:
$16.230
Subject:
TECHNICAL ANALYSIS
Bias:
OPTIMISTIC
Owned:
Yes
2015-12-29 WAIT Must be logged in to use chart IGM-T IGM Financial Inc.

Chart shows it has had 2 little bottoms, and is positive that the downtrend has been broken. Financials in general have been pretty weak. Until this one breaks out of the downtrend channel, he would not start a new position. Rising interest rates help financials. Dividend yield of 6.3%.


Price:
$35.670
Subject:
TECHNICAL ANALYSIS
Bias:
OPTIMISTIC
Owned:
Unknown
2015-12-29 COMMENT Must be logged in to use chart IWM-N iShares Russell 2000 ETF

Usually the small-mid cap space has a pretty good run. It didn’t quite materialize. The drop in early December was pretty big. Mid-small-cap tends to do well in to about early February.


Price:
$115.200
Subject:
TECHNICAL ANALYSIS
Bias:
OPTIMISTIC
Owned:
No
2015-12-29 COMMENT Must be logged in to use chart NA-T National Bank of Canada

This has been a dog compared to some of the other financials, and is not a space that looks stellar. There is a little bit of a base being built currently. If it breaks down to the $37 level, there may be something that we don’t know. Doesn’t see a huge catalyst to the upside right now. Dividend yield of 5.2%.


Price:
$41.120
Subject:
TECHNICAL ANALYSIS
Bias:
OPTIMISTIC
Owned:
Unknown
2015-12-29 PAST TOP PICK Must be logged in to use chart POT-T Potash Corp of Saskatchewan

(A Top Pick Jan 8/15. Down 40.02%.) Sold his holdings about a month ago. The long-term downtrend is continuing to abate. Saw some base building in October-November.


Price:
$24.500
Subject:
TECHNICAL ANALYSIS
Bias:
OPTIMISTIC
Owned:
No
2015-12-29 COMMENT Must be logged in to use chart PRW-T Petrowest Corp

This has some momentum. In October it sort of spiked up. Right now there is really not a lot of resistance until we get to about $1. This is a small-cap, and sometimes technicals can change really rapidly with news announcements.


Price:
$0.510
Subject:
TECHNICAL ANALYSIS
Bias:
OPTIMISTIC
Owned:
Unknown
2015-12-29 COMMENT Must be logged in to use chart RUS-T Russel Metals

This is going to run into a little bit of resistance right around the $18 range, so you could have a trade. Ranks really poorly on his monthly-weekly rankings.


Price:
$16.210
Subject:
TECHNICAL ANALYSIS
Bias:
OPTIMISTIC
Owned:
Unknown
2015-12-29 TOP PICK Must be logged in to use chart WMT-N Wal-Mart Stores Inc.

Chart shows a long downtrend with a V stop giving some support. This has been beaten up because of the US$. They are executing in China, Brazil and the UK, and the UK really hurt them. This is a value play.


Price:
$61.610
Subject:
TECHNICAL ANALYSIS
Bias:
OPTIMISTIC
Owned:
Yes
Showing 1 to 15 of 1,148 entries
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