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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
2015-02-09 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Interest rates? Thinks everyone was caught off guard when the Bank of Canada lowered the rate. The consensus now seems to be that we will probably see another drop in the near term.


Price:
$0.020
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
_N/A
2015-02-09 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Markets.  The market is trying to move to the pro-cyclical camp. Financials, energy and materials did pretty well last week. Bonds, the whole defensive play, came off. The Fed was doing some more asset purchases. They took off about $240 billion from August through until about October. Then in November-December, $190 billion gets tacked on. Because of this, he is not sure if the Fed knows some stuff that he doesn’t, and they are still worried about inflation, or is the market just kind of front running that news story. He thinks investors are probably somewhat confused as to where to go. Expects we will see the Chinese central bank and the reserve Bank of India kind of get in on the action a little. Those markets have some real tailwinds behind them.


Price:
$0.020
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
_N/A
2015-02-09 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

How does the price of oil relate to the price of gasoline? Gasoline is a separate commodity from oil. Although it is based on oil, the inputs for gasoline are based on oil, but in addition, what are the refineries’ capacity like. There haven’t been many refineries built in North America for 30 years. You tend not to see the relationship be as quick as we want it to be. You can even have different prices in cities that are just 10 minutes from each other.


Price:
$0.020
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
_N/A
2015-02-09 N/A Must be logged in to use chart A Commentary A Comment -- General Comments From an Expert

Cdn$ versus the US$? Currencies are one of the toughest things in his business to get right. You have the vagaries of what a central bank will do. He thinks the Central Banks are going to lower rates again. If we saw this break $1.23 to the US$, that would say that we have a new paradigm coming, and would probably indicate that energy stocks are about to do really well.


Price:
$0.020
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
_N/A
2015-02-09 WAIT Must be logged in to use chart BAD-T Badger Daylighting

These stocks have been hit a lot harder than the actual energy names. His chart shows a little bit of resistance right where it is at, and this is probably going to coincide with its downtrend. If it can get above its downtrend of about $26.50-$27, this will probably flush out a lot of conjecture and there will probably be a lot more clear sailing. Until you can get above $30, you are always going to be guessing as to whether this is really sticking.


Price:
$26.080
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
Unknown
2015-02-09 BUY Must be logged in to use chart BCE-T BCE Inc.

Had seen this weakness coming a little, so he bought some more today. It could come back to around the $53 level, or just below the $52 level, which would probably get the buyers very interested. The whole telecom space has been a bit weak. He would like to not see it get below $50.


Price:
$54.800
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
Yes
2015-02-09 COMMENT Must be logged in to use chart CLR-T Clearwater Seafoods Inc.

Chart shows a nice little base with an upward trend. There is a little bit of resistance in the $14 range. His analysis shows that there were quite a few sellers at that point.


Price:
$13.150
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
Unknown
2015-02-09 COMMENT Must be logged in to use chart CPG-T Crescent Point Energy Corp

Well-run company. Good dividend coverage. The $35 range is the 1st place where it is going to have a little bit of trouble. Some of the indicators are starting to get overbought on the short term, which means it is probably going to start to test the December low.


Price:
$32.540
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
Unknown
2015-02-09 BUY on WEAKNESS Must be logged in to use chart DH-T DH Corporation

Has made a great transformation from being strictly a cheque company. It has been really volatile. Technically if it breaks below $35, there is a significant moving average there. If you don’t own, try to get in at around $35.


Price:
$37.900
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
Unknown
2015-02-09 WATCH Must be logged in to use chart DH-T DH Corporation

Chart shows a rolling top. It has already broken down through some near-term support. It doesn’t mean that it is going to have a price drop, but it means the stock is sort of weakening. He would like to see it break above $10 with volume.


Price:
$37.900
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
Unknown
2015-02-09 PAST TOP PICK Must be logged in to use chart ENB-T Enbridge

(A Top Pick Jan 3/14. Up 35.56%.) Started to get a little nervous in July. Sold his holdings via a trailing stop.


Price:
$60.790
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
No
2015-02-09 PAST TOP PICK Must be logged in to use chart FTS-T Fortis Inc.

(A Top Pick Jan 3/14. Up 36.5%.) Still likes this. Took half his position off the table at around $40, but still has a huge representation in the utility sector. If this came back down to its trend, he would buy it back, but he doesn’t think that is going to happen.


Price:
$39.930
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
Yes
2015-02-09 HOLD Must be logged in to use chart GIB.A-T CGI Group (A)

A fantastic company in the financial services space. Has been a really good stock. Right now it is overextended, meaning it is due for a correction. If it comes back to test its moving average of around $48, and if he didn’t own it, he would add a bit more. If you own, consider putting a Stop for half your position at $48.


Price:
$51.540
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
Unknown
2015-02-09 COMMENT Must be logged in to use chart HSBC-N HSBC Holdings P L C

Stock was down 71% on the story that there have been nefarious things going on in their accounts. This is not the 1st bank that this is happened to. Financials were already having a tough go of it. When it broke below $48 that was a clue that they were having troubles. It had touched close to that level several times in the past year. You can see this in a lot of the financials’ charts. If this can get above $48 and there is a good tailwind behind it with the rest of the market, it would be something to have a look at.


Price:
$46.370
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
Unknown
2015-02-09 WAIT Must be logged in to use chart KEY-T Keyera Corp

Well-run company in a sector that has been beaten up. You don’t want the $70 range to be violated. If you are looking to get in, the 1st place he would look is around the $70 range. This is one of the best performers in this space. Excellent dividend. Wait for it to test the $70 range or wait until you start to see it move up.


Price:
$74.380
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
Unknown
Showing 1 to 15 of 991 entries
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