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.  

Kelt Exploration(KEL-T)
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.  

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