Jeff Parent B. Eng. FCSI CIM
Member since: Nov '06
VP & Portfolio Manager, Chief Investment Officer at
Castlemoore Inc.
Castlemoore Inc.
1160 Opinions
Latest Top Picks
(A Top Pick Aug 08/18, Down 47%) He sold and minimized his losses and kept the money in cash. He always uses stops. Don't buy it now.
(A Top Pick Aug 08/18, Down 54%) He sold last fall around low-$40's so didn't suffer the drop to the low-$20's (where this stock is now).
(A Top Pick Aug 08/18, Down 55%) All energy stocks have gone down, but he's buying them now as they bottom. He sold this before it really plunged.
Good dividend and fine chart. Exit if it falls below $16.40. He likes where this going. The chart isn't effected by anything in the world, and utilities have been doing well. This could fall back to low-$16's, but the trend should continue up, growing a lot more. (Analysts’ price target is $17.97)
It's consolidating. You can hold all the Canadian banks and reduce risk on individual banks, which have been deeply oversold in Canada. This can gain $2-3 before year-end, and it pays a 4% dividend. Sell below $26.80.
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Your ReactionSignal
Opinion
Expert
Chart
COMMENT
COMMENT
August 19, 2019
Clients are happy they're making money now. Shopify is doing well for him, though the FAANGs aren't right now. Yield inversions and the China-US trade war are confusing investors. We're not close to a recession. Over 20 years, the chart looks normal. US housing sales are losing momentum, but it's not out of the ordinary. Don't buy ETF's but individual stocks in the U.S.
Clients are happy they're making money now. Shopify is doing well for him, though the FAANGs aren't right now. Yield inversions and the China-US trade war are confusing investors. We're not close to a recession. Over 20 years, the chart looks normal. US housing sales are losing momentum, but it's not out of the ordinary. Don't buy ETF's but individual stocks in the U.S.
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
SELL
SELL
August 19, 2019
The chart looks horrible, but volume is starting to flow. 80% of investors have lost money here in the past two years. It hasn't found a bottom. It's slid from $15 to $11.83. Don't even look at it, unless it rises above $12.50. Sell, if you haven't already. Minimize your losses.
The chart looks horrible, but volume is starting to flow. 80% of investors have lost money here in the past two years. It hasn't found a bottom. It's slid from $15 to $11.83. Don't even look at it, unless it rises above $12.50. Sell, if you haven't already. Minimize your losses.
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$11.830
Unknown
BUY
BUY
August 19, 2019
The chart is fine, bouncing above $55 in May/June and moving up. Fundamentals rank high, too. Get out if it falls below $55, but he expects it to rise above $65.
The chart is fine, bouncing above $55 in May/June and moving up. Fundamentals rank high, too. Get out if it falls below $55, but he expects it to rise above $65.
specialty stores
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$61.390
Unknown
DON'T BUY
DON'T BUY
August 19, 2019
Pays a 4.4% dividend, but it's volatile so don't focus on the dividend. He traded this recently, selling it to buy CPG-T which has hit a bottom. $36 is a stop and $41 is a top. In a given year, SU will rise only a few percentage points, whereas other oil stocks like CPG-T will leap several dollars on good news.
Pays a 4.4% dividend, but it's volatile so don't focus on the dividend. He traded this recently, selling it to buy CPG-T which has hit a bottom. $36 is a stop and $41 is a top. In a given year, SU will rise only a few percentage points, whereas other oil stocks like CPG-T will leap several dollars on good news.
integrated oils
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$38.080
No
BUY
BUY
August 19, 2019
He sold Suncor to buy this recently. It is hitting bottom. He bought it around $3.80, because it can jump to $5 quickly on positive news.
He sold Suncor to buy this recently. It is hitting bottom. He bought it around $3.80, because it can jump to $5 quickly on positive news.
oil/gas
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$4.100
Yes
BUY
BUY
August 19, 2019
A great turnaround story. Big recovery with a solid business plan. This will return to the $30's soon. He's been watching it for a long time. Fundamentals score high, too. No, it's not a bank equivalent. It's unique. Exit at $21. Should hit $29 by the end of the year.
A great turnaround story. Big recovery with a solid business plan. This will return to the $30's soon. He's been watching it for a long time. Fundamentals score high, too. No, it's not a bank equivalent. It's unique. Exit at $21. Should hit $29 by the end of the year.
investment companies/funds
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$24.940
Unknown
COMMENT
COMMENT
August 19, 2019
Negative bond yields worry him, and predicts a crash. The markets are much different and complicated than investors realize. There's a lot of U.S. debt and monetary fiscal policy at play. He doesn't believe that things will far apart like this.
Negative bond yields worry him, and predicts a crash. The markets are much different and complicated than investors realize. There's a lot of U.S. debt and monetary fiscal policy at play. He doesn't believe that things will far apart like this.
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
PAST TOP PICK
PAST TOP PICK
August 19, 2019
(A Top Pick Aug 08/18, Down 47%) He sold and minimized his losses and kept the money in cash. He always uses stops. Don't buy it now.
(A Top Pick Aug 08/18, Down 47%) He sold and minimized his losses and kept the money in cash. He always uses stops. Don't buy it now.
Automotive
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$25.470
No
PAST TOP PICK
PAST TOP PICK
August 19, 2019
(A Top Pick Aug 08/18, Down 54%) He sold last fall around low-$40's so didn't suffer the drop to the low-$20's (where this stock is now).
(A Top Pick Aug 08/18, Down 54%) He sold last fall around low-$40's so didn't suffer the drop to the low-$20's (where this stock is now).
department stores
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$21.210
No
PAST TOP PICK
PAST TOP PICK
August 19, 2019
(A Top Pick Aug 08/18, Down 55%) All energy stocks have gone down, but he's buying them now as they bottom. He sold this before it really plunged.
(A Top Pick Aug 08/18, Down 55%) All energy stocks have gone down, but he's buying them now as they bottom. He sold this before it really plunged.
Energy
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$7.280
No
BUY
BUY
August 19, 2019
His biggest holding and it's serving him well at a 200% gain. It's gone through some weird consolidating and wild prices. It's the best-performing stock now by many metrics. Though nerve-wracking, you can still buy it now. Yes, it can go down, like in June by 9%. But don't think it'll be the next Google. A buy signal, but you can also sell it now.
His biggest holding and it's serving him well at a 200% gain. It's gone through some weird consolidating and wild prices. It's the best-performing stock now by many metrics. Though nerve-wracking, you can still buy it now. Yes, it can go down, like in June by 9%. But don't think it'll be the next Google. A buy signal, but you can also sell it now.
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$481.620
Yes
BUY WEAKNESS
BUY WEAKNESS
August 19, 2019
vs. Visa Pretty similar charts. MA is a big holding of his, and it recently hit an all-time high. Reduce at $267 and exit at $241. Short-term resistance at $283. This could be $300-400 next year. Buy the dips.
vs. Visa Pretty similar charts. MA is a big holding of his, and it recently hit an all-time high. Reduce at $267 and exit at $241. Short-term resistance at $283. This could be $300-400 next year. Buy the dips.
other services
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$278.070
Yes
SELL
SELL
August 19, 2019
It was consolidating for a while. Everyone has lost money on this. There's some volume now and is bouncing back slightly. Not enough buyers are coming in. It''s been in free-fall since $11. It isn't recovering. Bite the bullet and sell at a loss. Buy a small position if this returns to $10.
It was consolidating for a while. Everyone has lost money on this. There's some volume now and is bouncing back slightly. Not enough buyers are coming in. It''s been in free-fall since $11. It isn't recovering. Bite the bullet and sell at a loss. Buy a small position if this returns to $10.
investment companies/funds
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$9.420
Unknown
BUY
BUY
August 19, 2019
The banks are deeply oversold no.w Banks and the energy stocks will drive the TSX in the next few months. Exit at $72.50.
The banks are deeply oversold no.w Banks and the energy stocks will drive the TSX in the next few months. Exit at $72.50.
banks
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$73.120
Yes
BUY
BUY
August 19, 2019
He doesn't like gold, because it's too volatile. CG has good volume, but be careful if this falls below $11--at that point, sell. The overall trend is positive.
He doesn't like gold, because it's too volatile. CG has good volume, but be careful if this falls below $11--at that point, sell. The overall trend is positive.
precious metals
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$11.600
Unknown
DON'T BUY
DON'T BUY
August 19, 2019
They can't maintain a 14% yield though he's buying oil stocks now. He likes its volume now, but it's very risky. It could touch $24 again.
They can't maintain a 14% yield though he's buying oil stocks now. He likes its volume now, but it's very risky. It could touch $24 again.
oil/gas
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$20.390
No
DON'T BUY
DON'T BUY
August 19, 2019
Doesn't like the chart now, after falling from $18. It's breaking below support.
Doesn't like the chart now, after falling from $18. It's breaking below support.
other services
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$11.400
No
COMMENT
COMMENT
August 19, 2019
Which two Canadian banks to hold, sell the rest and hold cash until the fall sell-off. He's underweight the banks but likes their stability. RY is good, but BNS is the riskiest.
Which two Canadian banks to hold, sell the rest and hold cash until the fall sell-off. He's underweight the banks but likes their stability. RY is good, but BNS is the riskiest.
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
TOP PICK
TOP PICK
August 19, 2019
Good dividend and fine chart. Exit if it falls below $16.40. He likes where this going. The chart isn't effected by anything in the world, and utilities have been doing well. This could fall back to low-$16's, but the trend should continue up, growing a lot more. (Analysts’ price target is $17.97)
Good dividend and fine chart. Exit if it falls below $16.40. He likes where this going. The chart isn't effected by anything in the world, and utilities have been doing well. This could fall back to low-$16's, but the trend should continue up, growing a lot more. (Analysts’ price target is $17.97)
electrical utilities
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$17.230
Yes
TOP PICK
TOP PICK
August 19, 2019
It's consolidating. You can hold all the Canadian banks and reduce risk on individual banks, which have been deeply oversold in Canada. This can gain $2-3 before year-end, and it pays a 4% dividend. Sell below $26.80.
It's consolidating. You can hold all the Canadian banks and reduce risk on individual banks, which have been deeply oversold in Canada. This can gain $2-3 before year-end, and it pays a 4% dividend. Sell below $26.80.
E.T.F.'s
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$27.490
Yes
BUY
BUY
August 19, 2019
It's dropped a lot over the past year, bottoming at $2.20, and it's forming a breakout to the upside now. It's worth taking a look at it now. Hold onto, and add at $3.25. This should return to $4 (it was last there in early 2018).
It's dropped a lot over the past year, bottoming at $2.20, and it's forming a breakout to the upside now. It's worth taking a look at it now. Hold onto, and add at $3.25. This should return to $4 (it was last there in early 2018).
Financial Services
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$2.780
Unknown
BUY
BUY
August 19, 2019
Likes it. A great chart. Use the 50-day average as an exit point or $30.
Likes it. A great chart. Use the 50-day average as an exit point or $30.
Financial Services
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$38.720
Unknown
TOP PICK
TOP PICK
August 19, 2019
It is an IT company involved in many areas and growing well. The chart looks good this year. He bought this back in February at $156. Sell this below $170. (Analysts’ price target is $208.67)
It is an IT company involved in many areas and growing well. The chart looks good this year. He bought this back in February at $156. Sell this below $170. (Analysts’ price target is $208.67)
Technology
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$190.640
Yes
COMMENT
COMMENT
June 28, 2019
What do you see out there? Little flourish right at the end of today, which was encouraging. Most gains in the first half came at end of first quarter. In the S&P, we're reaching a top again that we saw last year. We're either going to break out with the volume, or fall 5-10%. He'll be watching the markets carefully next week.
What do you see out there? Little flourish right at the end of today, which was encouraging. Most gains in the first half came at end of first quarter. In the S&P, we're reaching a top again that we saw last year. We're either going to break out with the volume, or fall 5-10%. He'll be watching the markets carefully next week.
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
COMMENT
COMMENT
June 28, 2019
Meeting between Trump and Xi Jinping. People are feeling confident, because they were buying rather than selling off. We'll see how it goes. They're short-term effects in any event.
Meeting between Trump and Xi Jinping. People are feeling confident, because they were buying rather than selling off. We'll see how it goes. They're short-term effects in any event.
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
COMMENT
COMMENT
June 28, 2019
The earnings season about to start. Right now, it's a bit of a technical mark because we're at the peak. Instead of looking at the indexes, look at the underlying industries. Bottom up stock picking is more appropriate right now than buying or selling the market.
The earnings season about to start. Right now, it's a bit of a technical mark because we're at the peak. Instead of looking at the indexes, look at the underlying industries. Bottom up stock picking is more appropriate right now than buying or selling the market.
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
COMMENT
COMMENT
June 28, 2019
What do you do with all the Fed headlines? Monetary and fiscal policy affect the markets. There's a lot of momentum in the economy. Not concerned about big interest rate changes one way or the other right now. Canada might be more of a concern because the differential has a bigger impact on our dollar. Our low dollar has really been helping our economy. A fine line to tread in Canada on interest rates. Canada has never faced a housing bubble as they have in the US.
What do you do with all the Fed headlines? Monetary and fiscal policy affect the markets. There's a lot of momentum in the economy. Not concerned about big interest rate changes one way or the other right now. Canada might be more of a concern because the differential has a bigger impact on our dollar. Our low dollar has really been helping our economy. A fine line to tread in Canada on interest rates. Canada has never faced a housing bubble as they have in the US.
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
WAIT
WAIT
June 28, 2019
Holding up not badly in a sad industry. Don't buy right now. Rally this past week has pivoted quite a bit and volume is low. Lot of resistance around $17.50. Avoid right now. Looks as though it's headed down. Can probably pick it up in the $16 range. If it stayed sustainably above $17.60, he'd be a buyer.
Holding up not badly in a sad industry. Don't buy right now. Rally this past week has pivoted quite a bit and volume is low. Lot of resistance around $17.50. Avoid right now. Looks as though it's headed down. Can probably pick it up in the $16 range. If it stayed sustainably above $17.60, he'd be a buyer.
oil/gas
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$16.680
No
BUY
BUY
June 28, 2019
Impressive run. Looks very nice here. You can draw a straight line up and to the right, and as long as it stays above the 200-day MA, you're good. Use that as a stop for a full exit. Upside is unlimited, but you have to be careful. Good exit points are the 30-day MA or $3.32 for a partial sell.
Impressive run. Looks very nice here. You can draw a straight line up and to the right, and as long as it stays above the 200-day MA, you're good. Use that as a stop for a full exit. Upside is unlimited, but you have to be careful. Good exit points are the 30-day MA or $3.32 for a partial sell.
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$2.950
Unknown
SELL
SELL
June 28, 2019
More volatile than standard gold indexes. Done well on the year. Opportunity to sell. He has a negative bias toward gold in general, even in good markets, based on his past experiences. There's been some technical selling. Big resistance at $54. Be very cautious.
More volatile than standard gold indexes. Done well on the year. Opportunity to sell. He has a negative bias toward gold in general, even in good markets, based on his past experiences. There's been some technical selling. Big resistance at $54. Be very cautious.
E.T.F.'s
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$51.930
Unknown
HOLD
HOLD
June 28, 2019
Pretty significant resistance point right now. Difficult to get above. Don't add to it now, but don't sell either. Looks OK in the short or medium term. If it gets above $54, could get to $57. If it gets down to $50, start reducing your position.
Pretty significant resistance point right now. Difficult to get above. Don't add to it now, but don't sell either. Looks OK in the short or medium term. If it gets above $54, could get to $57. If it gets down to $50, start reducing your position.
insurance
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$53.340
Unknown
BUY
BUY
June 28, 2019
From the chart, huge increases on huge volume. Very, very positive. Had quite a tumble since last year. Business direction has changed, and there's lots of hope. $10 is an amazing entry price. He'd add to it, unless you're overweight. But it can move 10-20% one way or the other very quickly.
From the chart, huge increases on huge volume. Very, very positive. Had quite a tumble since last year. Business direction has changed, and there's lots of hope. $10 is an amazing entry price. He'd add to it, unless you're overweight. But it can move 10-20% one way or the other very quickly.
investment companies/funds
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$13.600
Unknown
BUY
BUY
June 28, 2019
Close to all-time highs. Has pulled back quite a bit, mostly technically driven. Looks good now. Support around $200, which would be an exit point. Has lots of green signals on the fundamentals. Encouraging if it got above $262. Shouldn't be more than 0.5% of your total portfolio.
Close to all-time highs. Has pulled back quite a bit, mostly technically driven. Looks good now. Support around $200, which would be an exit point. Has lots of green signals on the fundamentals. Encouraging if it got above $262. Shouldn't be more than 0.5% of your total portfolio.
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$227.780
Unknown
PAST TOP PICK
PAST TOP PICK
June 28, 2019
(A Top Pick Jul 27/18, Down 13%) There was momentum, but it failed. Took a small loss and moved on. Hold off on buying, or consider selling. Chart doesn't look great. You can't fall in love with these stocks.
(A Top Pick Jul 27/18, Down 13%) There was momentum, but it failed. Took a small loss and moved on. Hold off on buying, or consider selling. Chart doesn't look great. You can't fall in love with these stocks.
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$8.630
No
PAST TOP PICK
PAST TOP PICK
June 28, 2019
(A Top Pick Jul 27/18, Up 16%) Good dividend. Moved his exit point up to $18. Still likes it. Yield is 8.8%.
(A Top Pick Jul 27/18, Up 16%) Good dividend. Moved his exit point up to $18. Still likes it. Yield is 8.8%.
Financial Services
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$18.810
Yes
PAST TOP PICK
PAST TOP PICK
June 28, 2019
(A Top Pick Jul 27/18, Up 21%) Quickly hit his target. As long as it holds above $40, he'll hold or buy some more.
(A Top Pick Jul 27/18, Up 21%) Quickly hit his target. As long as it holds above $40, he'll hold or buy some more.
merchandising/lodging
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$41.550
Yes
BUY
BUY
June 28, 2019
Nice looking chart. Looks like it's going to continue going higher. Pause is a re-evaluation to see if people want to buy more, and they do. Another $10 of upside.
Nice looking chart. Looks like it's going to continue going higher. Pause is a re-evaluation to see if people want to buy more, and they do. Another $10 of upside.
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$36.410
Unknown
DON'T BUY
DON'T BUY
June 28, 2019
These poor stocks. Avoid. No reason to buy. Lots of potential if there's positive news. But volume's been declining, so no buyer support. If it broke above 95 cents, could be interesting as a trade. But 75 cents is more likely.
These poor stocks. Avoid. No reason to buy. Lots of potential if there's positive news. But volume's been declining, so no buyer support. If it broke above 95 cents, could be interesting as a trade. But 75 cents is more likely.
oil/gas
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$0.810
Unknown
HOLD
HOLD
June 28, 2019
If he were to draw a horizontal line, lots of resistance both above and below that line. Messy chart. Pays a 6% dividend. Not high risk. Good buy if you want to diversify your portfolio. Put a pretty tight stop around $43, and just hold. Pretty safe on the downside right now, but upside is also limited.
If he were to draw a horizontal line, lots of resistance both above and below that line. Messy chart. Pays a 6% dividend. Not high risk. Good buy if you want to diversify your portfolio. Put a pretty tight stop around $43, and just hold. Pretty safe on the downside right now, but upside is also limited.
oil/gas pipelines
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$47.300
Unknown
BUY
BUY
June 28, 2019
CU vs. H Hydro One had serious issues, but a decent dividend. If he had to pick one right now, he'd pick CU. Looks a bit steadier. Hydro One is in nosebleed territory, and looks as though it's starting to come off. CU is consolidating, and looks to go higher short-term. $35 is a good stop level to sell CU, $22 for Hydro One.
CU vs. H Hydro One had serious issues, but a decent dividend. If he had to pick one right now, he'd pick CU. Looks a bit steadier. Hydro One is in nosebleed territory, and looks as though it's starting to come off. CU is consolidating, and looks to go higher short-term. $35 is a good stop level to sell CU, $22 for Hydro One.
electrical/electronic
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$36.960
Unknown
COMMENT
COMMENT
June 28, 2019
H vs. CU Hydro One had serious issues, but a decent dividend. If he had to pick one right now, he'd pick CU. Looks a bit steadier. Hydro One is in nosebleed territory, and looks as though it's starting to come off. CU is consolidating, and looks to go higher short-term. $35 is a good stop level to sell CU, $22 for Hydro One.
H vs. CU Hydro One had serious issues, but a decent dividend. If he had to pick one right now, he'd pick CU. Looks a bit steadier. Hydro One is in nosebleed territory, and looks as though it's starting to come off. CU is consolidating, and looks to go higher short-term. $35 is a good stop level to sell CU, $22 for Hydro One.
electrical utilities
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$22.840
Unknown
SELL
SELL
June 28, 2019
Lots of overhead resistance right now. Upside potential is limited. Remember, he's bearish on anything with the word "gold" in it. Be concerned if it goes below $3.70. (Analysts’ price target is $5.27)
Lots of overhead resistance right now. Upside potential is limited. Remember, he's bearish on anything with the word "gold" in it. Be concerned if it goes below $3.70. (Analysts’ price target is $5.27)
Golds
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$3.980
Unknown
PARTIAL SELL
PARTIAL SELL
June 28, 2019
The 12% drop on May 9 has continued and not recovered. Markets have a lot of concern about the dividend. Be very careful. Reduce your position for sure. If it drops below $12, could really tumble. Lots of risk right here. Volume is weak.
The 12% drop on May 9 has continued and not recovered. Markets have a lot of concern about the dividend. Be very careful. Reduce your position for sure. If it drops below $12, could really tumble. Lots of risk right here. Volume is weak.
other services
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$12.390
Unknown
WEAK BUY
WEAK BUY
June 28, 2019
Likes it now. Big drop. Forming really nice basing pattern. Accompanied by nice volume. If it can stay here, could see it going back up to low $40s. If it goes down $1, could get back to the low $30s. Take a small position and keep an eye on it.
Likes it now. Big drop. Forming really nice basing pattern. Accompanied by nice volume. If it can stay here, could see it going back up to low $40s. If it goes down $1, could get back to the low $30s. Take a small position and keep an eye on it.
Automotive
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$36.900
Unknown
HOLD
HOLD
June 28, 2019
Looks stable, as though it's waiting to do something. Hold if you own it. Risky below $29. Upside probably limited to $32 before the end of the year. Good dividend. One of those fairly stable, high-paying dividend stocks. Likes it better than bank stocks. Take a small position, but be careful. Yield is 6%.
Looks stable, as though it's waiting to do something. Hold if you own it. Risky below $29. Upside probably limited to $32 before the end of the year. Good dividend. One of those fairly stable, high-paying dividend stocks. Likes it better than bank stocks. Take a small position, but be careful. Yield is 6%.
finance/leasing
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$30.120
Unknown
TOP PICK
TOP PICK
June 28, 2019
Looks very risky. But there's a head and shoulders reversal. Good support now, possible takeoff point to $13.80, which is his short-term target. Exit point is $8.20. Yield is 0.52%. (Analysts’ price target is $10.48)
Looks very risky. But there's a head and shoulders reversal. Good support now, possible takeoff point to $13.80, which is his short-term target. Exit point is $8.20. Yield is 0.52%. (Analysts’ price target is $10.48)
computer software/processing
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
$10.300
No
TOP PICK
TOP PICK
June 28, 2019
Chemicals and so on. Diversified, lower risk company. Could hit $100 in 12 months. If it goes below $75, exit. Looks good based on volume patterns. Yield is 1.93%. (Analysts’ price target is $90.89)
Chemicals and so on. Diversified, lower risk company. Could hit $100 in 12 months. If it goes below $75, exit. Looks good based on vo