GIS is a stock I like for it's stability and dividend, I have owned it since 2009 and will continue to hold as long as the dividend (3.7%) remains stable.
The chart shows a divergence that are linked to the fundamentals of the company. Future Growth is negative and Management appears to be wallowing.
The positive signs:
Ichimoku 4/5 +
rumors of take over...
Ok I need the cash, for the next crash!
Loblaws is a stock I know well, my first and second job was there , most of my family has worked for L at one time or another.
Food retail business is solid, but there will come a time when other players will come in and shake things up. (Amazon)
The fundamentals are very good, Loblaws will shift its focus on the online...
I love Sugar.... I love the Dividends.
RSI had a good run, benefited from low energy costs.
I am taking profit to keep cash on the side-line for the inevitable mrkt correction.
I will re-enter below 5.65 if the fundamentals stay solid.
On Balance Volume is weakening, this could be an indicator that investors are switching to cash or trading to high flying...
As of today, I am taking a more cautious approach to the Markets as a whole.
Some of my stocks are showing bearish signs, MRU has 4/5 Ichimoku signals
Thu MRU Toronto
23-Nov-17 40.00 Bear Tenkan/Kijun Cross Strong
22-Nov-17 41.03 Bear Kijun Sen Cross Strong
15-Nov-17 41.55 Bear Kumo Breakout
3-Nov-17 41.28 Bear Senkou Span Cross Strong
27-Sep-17 ...
