Energy is the strongest part of the market in Canada and the U.S.: Technical analyst Hap Sneddon
Hap Sneddon, president and portfolio manager at Castlemoore, Inc., tells BNN Bloomberg there is historical evidence for these market moves during a midterm election year in the U.S., and that the S&P 500 is still in a bottoming process. He says energy stocks are going to report fantastic earnings, and materials are the other sector for investors to choose, apart from energy, at this time.