Viewing Expert Hap (Robert) Sneddon FCSI | StockChase
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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
2016-05-26 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Market. These are challenging times. There are a lot of cross currents. Portfolio convexity is a way to reduce the impact of what could be temporal things. He has always taken a different approach to risk management. Believes in risk management, which means you don’t take big losses, you may focus in on a sector, etc. He is now talking about something different. Within the sectors, how are you appropriating risk? Diversifying with bonds and stocks is not necessarily the correct approach. Depending on how they are moving and reacting the convexity can be created across asset classes. Using equities as an example, the pro-cyclicals had a nice little run since the lows in February and the Feds are going to talk again in June and July which are critical meetings. On the other side there have been the defensive plays that are really holding the bid here. The US 10 year doesn’t quite confirm what we are seeing. If this pro-cyclical move has got some legs he expects to see the 10-year north of 2%. However, the way to get around this is convexity, which spreads risks out and you tilt it based on what you think. He is a little more defensively tilted, but he does have pro-growth in there.


Price:
$0.020
Subject:
TECHNICAL ANALYSIS & MACRO STRATEGY
Bias:
UNKNOWN
Owned:
_N/A
2016-05-26 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

China. This is something that can move the needle in the next few months. There has been a steady and quiet devaluation of the yuan. They set this every couple of days, and then give it 2% from that level. They are going to move the needle either way. The US$ and emerging markets has a huge correlation to what we are seeing. If we see any weakness in the US$, we’ll probably see some weakness in emerging markets.


Price:
$0.020
Subject:
TECHNICAL ANALYSIS & MACRO STRATEGY
Bias:
UNKNOWN
Owned:
_N/A
2016-05-26 COMMENT Must be logged in to use chart AGT-T AGT Food & Ingredients

Well liked on the street. He doesn’t know the fundamentals or the reason for the recent drop, but it has come down to some support. Momentum was really, really oversold. There is some support where it is right now. All the indicators are at the bottom. Until this breaks down below $35 he wouldn’t be too worried about it. If it keeps this level, it is probably going to be a good buy.


Price:
$36.390
Subject:
TECHNICAL ANALYSIS & MACRO STRATEGY
Bias:
UNKNOWN
Owned:
No
2016-05-26 BUY Must be logged in to use chart APA-N Apache Corp

The chart looks to have a really long double bottom pattern. The chart shows a nice up trend from February with some pretty big swings. You have to have some fortitude and you want to be with the best group. You have to be prepared for some volatility. He would be pretty comfortable buying this today, but you have to be ready as oil can change around.


Price:
$58.030
Subject:
TECHNICAL ANALYSIS & MACRO STRATEGY
Bias:
UNKNOWN
Owned:
Yes
2016-05-26 PAST TOP PICK Must be logged in to use chart ARE-T Aecon Group Inc

(A Top Pick June 10/15. Up 32.85%.) He likes this and the whole space a lot. Has just added to his holdings recently. This is going to be a beneficiary of future infrastructure. (See Top Picks.)


Price:
$17.420
Subject:
TECHNICAL ANALYSIS & MACRO STRATEGY
Bias:
UNKNOWN
Owned:
Yes
2016-05-26 DON'T BUY Must be logged in to use chart ATD.B-T Alimentation Couche-Tard (B)

The chart shows a big rolling top over the last year. Technically he has a $42 target. There are some better places to be in this sector. Feels the volatility is going to continue until the value players start picking this back up.


Price:
$57.250
Subject:
TECHNICAL ANALYSIS & MACRO STRATEGY
Bias:
UNKNOWN
Owned:
Unknown
2016-05-26 DON'T BUY Must be logged in to use chart BA-N Boeing

This has some resistance at around $150. Momentum started to weaken around April. The sector is a reasonably good one. He sold his holdings last fall.


Price:
$129.310
Subject:
TECHNICAL ANALYSIS & MACRO STRATEGY
Bias:
UNKNOWN
Owned:
No
2016-05-26 COMMENT Must be logged in to use chart BBH-Q Van Eck Vectors Biotech E.T.F.

Thinks this has now formed a bottom. It needs to get above its current area by conviction. You don’t want to see a lower low. Fundamentally, there are few sectors that are in secular bull markets. Healthcare is one of them, biotech comes along for the ride. A good sector to own, but you really have to be careful with your pricing. The swings can be pretty big.


Price:
$108.350
Subject:
TECHNICAL ANALYSIS & MACRO STRATEGY
Bias:
UNKNOWN
Owned:
Yes
2016-05-26 TOP PICK Must be logged in to use chart BCE-T BCE Inc.

Earnings were reasonably decent. Has a fantastic dividend yield of 4.5%. The space is a really tough one right now, but the chart shows a strong long upward trend. He has a price target of $82.


Price:
$60.730
Subject:
TECHNICAL ANALYSIS & MACRO STRATEGY
Bias:
UNKNOWN
Owned:
Yes
2016-05-26 COMMENT Must be logged in to use chart EFN-T Element Financial

He knows this is well-liked on the street, but every time he looks at it, it doesn’t work for him. If you have a longer-term view and you really like the name fundamentally, it has limited downside. The chart shows it is running in a band, so you could buy it at the low end at around $12.50-$13.00. If this were a trading account for him, he would probably be taking profits.


Price:
$15.300
Subject:
TECHNICAL ANALYSIS & MACRO STRATEGY
Bias:
UNKNOWN
Owned:
Unknown
2016-05-26 BUY Must be logged in to use chart FTS-T Fortis Inc.

Has some warm feelings for this stock. It has been pretty volatile, but still trading within ranges. There is a trend line going up from September, and if it can break out from about this level, there is a pretty big upside for it.


Price:
$40.810
Subject:
TECHNICAL ANALYSIS & MACRO STRATEGY
Bias:
UNKNOWN
Owned:
Yes
2016-05-26 PAST TOP PICK Must be logged in to use chart JPM-N JP Morgan Chase & Co

(A Top Pick June 10/15. Down 2.03%.) There is a nice little uptrend going on. We are really not going to know the answer until it gets above the $60 mark. This will be very sensitive by what is discussed by the Fed in June.


Price:
$65.030
Subject:
TECHNICAL ANALYSIS & MACRO STRATEGY
Bias:
UNKNOWN
Owned:
No
2016-05-26 DON'T BUY Must be logged in to use chart LIF-T Labrador Iron Ore Royalty

This gave a pretty big warning on April 27 when it broke the trend line. Base metals are going to be really impacted by what happens with the US$ and the Fed. Some of these you have to be really careful on and you want to buy them on the cheap.


Price:
$11.470
Subject:
TECHNICAL ANALYSIS & MACRO STRATEGY
Bias:
UNKNOWN
Owned:
Unknown
2016-05-26 TOP PICK Must be logged in to use chart MDA-T MacDonald Dettwiler & Assoc.

Risk reward on this is really, really good. They sort of represent Québec city within their business plan in what they do. Brought in a new CEO, and have also moved along the procurement process with the US military. Dividend yield of 1.73%.


Price:
$85.380
Subject:
TECHNICAL ANALYSIS & MACRO STRATEGY
Bias:
UNKNOWN
Owned:
Yes
2016-05-26 COMMENT Must be logged in to use chart MET-N Metlife

Chart shows a long downtrend with periodic runs up to it. It sort of coincides with what the Fed is going to do. His charts show this is weakening a little and there is some resistance at around $46. If you are a really long term investor, this is probably in the ballpark to buy at some point.


Price:
$45.080
Subject:
TECHNICAL ANALYSIS & MACRO STRATEGY
Bias:
UNKNOWN
Owned:
Unknown
Showing 1 to 15 of 1,236 entries
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