Latest Expert Opinions

Signal
Opinion
Expert
HOLD
HOLD
August 8, 2018

This is looking risky right now. It is not moving higher after testing $28 in June. A good stop would be $26. Earnings are coming out next week. He would not be a buyer until it traded back above $28.

CAE Inc (CAE-T)
August 8, 2018

This is looking risky right now. It is not moving higher after testing $28 in June. A good stop would be $26. Earnings are coming out next week. He would not be a buyer until it traded back above $28.

Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
Price
$27.310
Owned
No
BUY
BUY
August 8, 2018

He holds this and is positive on it and sees it at key support near $195. He would add to a position, but wants to see it trade above $200 soon. He will add above $204. Fundamentally, it is a dividend grower and is a strong competitor in the space.

Home Depot (HD-N)
August 8, 2018

He holds this and is positive on it and sees it at key support near $195. He would add to a position, but wants to see it trade above $200 soon. He will add above $204. Fundamentally, it is a dividend grower and is a strong competitor in the space.

Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
Price
$198.020
Owned
Yes
BUY
BUY
August 8, 2018

The support level would be $245. He thinks the volume is supportive with good buying in the low $220s. It is trying to break out and is seeing resistance near $266. A good time to buy, with $250 as a stop.

Anthem Inc (ANTM-N)
August 8, 2018

The support level would be $245. He thinks the volume is supportive with good buying in the low $220s. It is trying to break out and is seeing resistance near $266. A good time to buy, with $250 as a stop.

Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
Price
$260.540
Owned
No
HOLD
HOLD
August 8, 2018

He sees $9 as key support. Earnings are expected in the next day or so. This is one of the best performing oil and gas stocks this year. It is at a high relative level and with oil prices falling over $2 be careful. He would use $6.90 as a stop.

He sees $9 as key support. Earnings are expected in the next day or so. This is one of the best performing oil and gas stocks this year. It is at a high relative level and with oil prices falling over $2 be careful. He would use $6.90 as a stop.

Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
Price
$9.280
Owned
No
SPECULATIVE BUY
SPECULATIVE BUY
August 8, 2018

A very long term uptrend since 2011. A complete reversal of that trend has occurred this year. An attempt to rally in June failed, but has key support at $27. He does not see strong fundamentals at the moment. He would do a small speculative purchase, but expects $31 to be key resistance.

A very long term uptrend since 2011. A complete reversal of that trend has occurred this year. An attempt to rally in June failed, but has key support at $27. He does not see strong fundamentals at the moment. He would do a small speculative purchase, but expects $31 to be key resistance.

Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
Price
$28.750
Owned
No
WEAK BUY
WEAK BUY
August 8, 2018

The chart looks good at the moment. This has formed a double bottom around $1.70 and has been trading steadily higher. This is a good bargain potentially and has moved through resistance around $3. As long as energy prices continue to do well, it could rally by another $0.50 with $2.60 as key support.

The chart looks good at the moment. This has formed a double bottom around $1.70 and has been trading steadily higher. This is a good bargain potentially and has moved through resistance around $3. As long as energy prices continue to do well, it could rally by another $0.50 with $2.60 as key support.

Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
Price
$2.990
Owned
No
DON'T BUY
DON'T BUY
August 8, 2018

A lot of consolidation around $6 over the past two years. The rally in April was solid and there is likely some profit taking going on. He is concerned about a potential drop to $7 very easily with a 6% drop today based on lower oil prices. It looks very tricky right now and it looks risky right now. (Analysts’ price target is $11.39)

MEG Energy Corp (MEG-T)
August 8, 2018

A lot of consolidation around $6 over the past two years. The rally in April was solid and there is likely some profit taking going on. He is concerned about a potential drop to $7 very easily with a 6% drop today based on lower oil prices. It looks very tricky right now and it looks risky right now. (Analysts’ price target is $11.39)

Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
Price
$8.720
Owned
No