Friday, April 16, 2010

Hold Buy IHSG 2838 & 2875 target 2936/2965 stop 2875; Trading Buy 10 Saham

IHSG masih berada dalam uptrend channel, buying power yang kuat, higher high higher low, untuk target 2916/2930, potensi koreksi terbatas di support 2893/2883.


Why Economic Forecasts Often Fail

Linear thinking often utterly misses the mark in financial forecasting.
Let's begin with a paradox -- the one constant in our society is dramatic change. This is the main reason why projecting present conditions into the future often fails.
http://www.elliottwave.com/freeupdates/archives/2010/04/09/Why-Economic-Forecasts-Often-Fail.aspx

The "rare wave formation" described in January Theorist: Did it give a false alarm?
The Januray EW Theorist said: "he third zigzag, wave (Z), is ending with a contracting triangle and a diagonal, as shown in Fig 1. A triangle always precedes the final wave in a sequence, and a diagonal is always an ending wave. It is a rare pleasure to find these two forms adjacent to each other. The EWT documented this occurrence only once before, at smaller degree, in June 1986." With the S&P now at 1173 and Dow at 10,895, what is Bob Prechter's take on this formation. Did it give a false alarm? It would be helpful to get his insight on this.

Daily Update Investment News

Gold May Gain for Second Day as Weaker Dollar Supports Demand
(Bloomberg) -- Gold may advance for a second day on speculation the dollar’s weakness will shore up demand for the precious metal as an alternative asset.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aSGGzHhsWV9o

Dollar May Weaken Versus Yen If Yields Drop: Technical Analysis
(Bloomberg) -- The dollar may weaken against the yen if Treasury two-year note yields continue to decline, according to strategists at Citigroup Inc.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=asUFibSXnPPI

Palladium May Climb to 9-Year High of $620: Technical Analysis
(Bloomberg) -- Palladium, trading near a 25-month peak, may jump to $620 an ounce, the highest price since June, 2001, in the next few weeks, according to technical analysis by Credit Suisse Group.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a8jgBGjLMKBg

Markets to Trend Upward in Next 2-3 Months: Strategist
Stocks continued to advance for a fifth straight session on Wednesday. Should investors watch out for a possible market correction? Bob Parker from Credit Suisse shared his insights.
http://www.cnbc.com/id/36505390

Market's Run Not Done Yet
“I do believe genuinely that this is a real turn,” Cramer said during Wednesday’s Stop Trading!.
http://www.cnbc.com/id/36502195

Dow 12,000 By Summer?
Stocks [.SPX  1210.65    13.35  (+1.12%)   ] notched a fifth straight day of gains on Wednesday as stronger-than-expected corporate results and March retail sales pushed the S&P 500 past 1,200 for the first time in 18 months.
http://www.cnbc.com/id/36506607

Japan, China, Indonesia: Asian Bonds and Currency Preview
(Bloomberg) -- The following events and economic reports may influence trading in Asia’s local bonds and currencies today. Bond yields and exchange rates are from the previous trading session unless stated otherwise. Financial markets in Thailand are closed today for holidays.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aSFeNjaiVsMk

Goldman Sachs Sees ‘Expensive’ China Index Futures (Update1)
(Bloomberg) -- China’s stock-index futures will begin trading tomorrow at the “expensive side of fair value” as volumes will be limited, Goldman Sachs Group Inc. said.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a9su31TJSdhc

South Korean Exporters’ Stocks to Stay ‘Robust,’ JPMorgan Says
(Bloomberg) -- South Korea’s largest exporters will maintain their “robust” stock market performance amid a global demand recovery and reduced fund withdrawals as investors have few alternatives, according to JPMorgan Chase & Co.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aqW1BWBnA7PM

Stocks to Rally 11% by Year-End, Credit Suisse Strategists Say
(Bloomberg) -- Global stocks may rally a further 11 percent this year, buoyed by positive earnings growth and share buybacks, according to Credit Suisse Group AG, which pushed out its forecast for the start of a bear market to 2011.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a_6iKhUZN2DE

China May Not Raise Rates Before June, State Economist Zhu Says
(Bloomberg) -- China’s central bank may not need to raise benchmark interest rates until the second half of this year after growth in loans and money supply cooled in March, a government economist said.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aYG8DhthJOKo

Commodities Rally "Just the Tip of the Iceberg," Tom Lydon Says
With exports rising 55% to $737 million in the first quarter, China surpassed the U.S. as the number one market for polished diamonds from Europe's diamond capital -- Antwerp, Belgium, The Wall Street Journal reports.
http://finance.yahoo.com/tech-ticker/commodities-rally-%22just-the-tip-of-the-iceberg%22-tom-lydon-says-466724.html;_ylt=AuFTVXaRThUltnqk4nWT8qe7YWsA;_ylu=X3oDMTFhNWZlbWVyBHBvcwM1BHNlYwNzcGVjaWFsRmVhdHVyZXMEc2xrA2NvbW1vZGl0aWVzcg--?tickers=GLD,EEM,GDX,XME,UDN,SLV,PALL&sec=topStories&pos=8&asset=&ccode=

Wednesday, April 14, 2010

Hold Buy IHSG 2838 & 2875 target 2936/2965 stop 2355; Trading Buy 10 Saham


IHSG menunjukkan buying power yang kuat, dalam uptrend channel dalam wave impulse v/5 final untuk target 2.916 high/2,965,selama bertahan diatas 2,875.DJI juga berada di wave v/5 target 11.242 minimal

Update Daily Investment News

Indonesia Stocks to Extend Record Gain, Top Fund Says (Update1)
(Bloomberg) -- Indonesian stocks, the second-best performer among Asia’s major markets this year, will gain as foreigners resume purchases on speculation first-quarter profit may beat estimates, the nation’s top-ranked mutual fund said.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aJM53iOoFNWE

Rupiah Gains 5 Times More Than Yuan on Revaluation (Update2)
(Bloomberg) -- The best currency to own when China lets the yuan appreciate won’t be the yuan, if history is any guide. It’s everything from South Korea’s won to Singapore’s dollar and Indonesia’s rupiah.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a6RQe7L0gB.U

Rupiah to Drop on Relative-Strength Signal: Technical Analysis
(Bloomberg) -- Indonesia’s rupiah may decline after a technical gauge signaled its rally will stall, according to Forecast Singapore Pte.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=ayzR.zRr5Spo

Bank Indonesia could lower its policy rate stance that currently stood up at 6.5% should inflation continue to decline according to BI Deputy Governor Hartadi A Sarwono.

Asia Needs Higher Interest Rates to Avert Bubbles, ADB Says
(Bloomberg) -- Asia needs to start raising interest rates to prevent inflation from accelerating and avert the formation of asset bubbles as the region’s economies recover from the global crisis, the Asian Development Bank said.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aBjPPf8n7LAA

Stocks May Erase 2010 Gains as Investors Cut Cash, Merrill Says
(Bloomberg) -- Global equity markets may erase gains made so far this year after investors piled back into equities in April and reduced cash levels, a BofA Merrill Lynch Global Research report showed.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=alG8omNZbluw

Philippine Stocks May Drop on ‘Doji’ Candle: Technical Analysis
(Bloomberg) -- The Philippine benchmark stock index may drop after a “doji” formation in its candle chart yesterday, preventing the measure from closing above its 3,300 so-called resistance level, Accord Capital Equities Corp. said.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aMvdpjBYqL_w

Oil May Chart New 2010 High ‘Within a Week’: Technical Analysis
(Bloomberg) -- Crude oil has regained upward momentum after a five-day decline and will set its highest price for this year at near $88 a barrel in as little as a week, National Australia Bank Ltd. said.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aPQVdRLyzMys

U.S. Two-Year Yields to Drop Versus Canada: Technical Analysis
(Bloomberg) -- U.S. Treasury yields will slide to a six-year low relative to Canada’s interest rates, according to Citigroup Inc., citing technical indicators.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aIhQopZiw7AU

Euro to Rally to 11-Week High, Citi Says: Technical Analysis
(Bloomberg) -- The euro will probably rally to an 11-week high against the dollar after closing above the “neckline” at $1.3591 in a technical double-bottom formation, according to strategists at Citigroup Inc.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=alx83J2G3RaI

S&P 500 Backed by Most Momentum Since 1986: Technical Analysis
(Bloomberg) -- U.S. stocks almost have the most momentum since 1986. The 14-day relative strength index for the Standard & Poor’s 500 Index has exceeded 65 since March 5, the longest stretch since 1995, according to data compiled by Bloomberg. Today would mark the 27th consecutive day, the most in 24 years.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aOaYFowFvRm4

Oil to Set New 2010 Record, Barclays Says: Technical Analysis
(Bloomberg) -- Crude oil will probably exceed this year’s peak of $87 a barrel and may rise as high as $94 in New York, according to technical analysis by Barclays Capital.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a0tgynIaQmb0

Yen’s 3-Year Rally to End on Support Breaks: Technical Analysis
(Bloomberg) -- The yen may snap a three-year rally against the dollar as it drops toward key so-called support levels, signaling Japan’s currency may flip into a long-term cycle of declines, Shinko Research Institute Ltd. said, citing trading patterns.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aROEiB3mlHNk

Crude Oil Set to Challenge $88.25 Barrier: Technical Analysis
(Bloomberg) -- Crude oil in New York may challenge resistance starting at $88.25 a barrel in the “medium term,” according to technical analysis by Newedge Group.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aiTSgIIRU9G8

Buy Hong Kong China Index Call Spread for Yuan Gains, BofA Says
(Bloomberg) -- Investors should buy a call spread on the Hang Seng China Enterprises Index to profit from potential gains in the yuan, according to Bank of America Corp.’s Merrill Lynch unit.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aLDfqQTLew1s

Winning Strategy for U.S. Stocks: Buy on Monday, Sell on Friday
April 12 (Bloomberg) -- On Wall Street, Monday is the best day of the week. The Standard & Poor’s 500 Index climbed 12 percent since Oct. 9 through the end of last week, reaching an 18-month high.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a2b1xHSabZIk

Singapore Unexpectedly Revalues Currency on Growth (Update3)
(Bloomberg) -- Singapore unexpectedly revalued its currency, triggering the biggest gain in a year, after the government raised forecasts for economic growth and inflation.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=arVjQ82mNi2Q

Hold Buy IHSG 2838 & 2875 target 2936/2965; Trading Buy 8 Saham


Tuesday, April 13, 2010

Top 14 Buy & Hold Stocks Recommendation (Check Out The Charts)

Top 35 Stock yang telah ditutup posisinya (Profit 31; Loss 4; Break even 0). 

14/04. Closed. 04/03. TBLA (430) hold Buy 410 (double top) for impulse 3 wave, should be headed to 490 (50.0% FR), then buy breakout 500 for 600/660, risk is below 380 if price go below double trendline at 325.
12/04. Closed 22/03 ANTM (2.200) 19/03: Hold Buy di lingkaran (1-2 (2150-2250:cicil beli) target 2.500, buy breakout (2) 2.550 target 2.700, buy breakout (3) 2.800/2.825, resiko di kotak bergaris (1975-1750).
08/04. Closed 15/03 BKSL (95) hold Buy di 96-92, target 117-138 (61.8 FR), stop loss dibawah 90 (89-85)
07/04. Closed at 420. 17/03 WIKA (350) hold Buy 350 target 380/400 resiko di bawah 320/300
06/04 10/03 closed at 182. ASRI (142) hold Buy 138-142, risk is below 140, target 195/245
10/03 closed. INDY (2.275) Accumulation Buying 2.150-2.200, risk (2.050-2.150), for target 2.850/2.950.
05/04. Closed.23/02: BHIT (780).Trend masih bullish jangka pendek, koreksi penurunan dalam bull flag, seharusnya memberikan peluang Buy on weakness (lingkaran besar & run away gap di kisaran 700-780: cicil beli) target 1.000-1.050 (panjang flag) jika tembus garis segitiga dalam chart. BHIT saat ini berada dalam correction wave iv/3 untuk target 61.8% wave iv = kisaran Rp 950-1000 (final 3). Resiko (Stop loss) berada di kotak bergaris (kisaran 620-560).
O1.04 04/03 ADRO hold Buy 1.870 (17/03) target 2.000/2.075/2.195 (138.2 FR), risk is below 1760.
31.03 closed di 1.520. 24/02: BISI (1.390): hold buy target 1.570/1.670, Risk is  below 1.310.
31.03  30.03 Daily long marubozu, bullish engulfing, vol meningkat. Chart hourly. Buy 1.150-1.200 area (cicil beli) target 1.300/1.340 stop 1.080, buy breakout 1360 (lihat trendline di segitiga mengerucut keatas; chart hourly) stop 1.290 target 1.700/1.740. Disclaimer on
31.03 (15/03) AKRA (1.000) hold buy di area 980-1020 (lingkaran 1), buy area 1060-1080 target 1.190/1.330 dan bahkan 1.475 (138.2 FR) dalam 1-2 bulan mendatang, resiko (stop loss) di kisaran 950-900
30.03 Closed 24/02: ENRG (162) Hold buy area 156-164 target 192 (buy breakout)/242, Risk below 154.
30.03  05/03 MPPA (1.140) Impulse B / iii/5?. Buy area 1080-1140 target 1.245, buy breakout 1.260 target 1.390, risk is below 990
29/03  10/03 APOL (153) hold Buy 152-156, risk is below 141, target 184/190-194.
26/03  11/03 LPKR (530) hold Buy 510 & 530 target channel top at 585 (target H&S),Risk is on the box (470-450). Buy breakout 650 (61.8% Fibo) for target 750, risk below 620.
25/03  PLAS (1.060) Trend masih bullish, terutama melihat hitungan Elliott wave (iii/3 dalam impulse 3) , koreksi penurunan saat ini merupakan peluang untuk akumulasi beli (lingkaran I di 1.010 & 1.060: cicil beli) untuk target breakout double top (1.120) & flag & lingkaran II (dalam segitiga kerucut) untuk buy breakout 1.130 target 1.180/1.320 bahkan 1.540 (triple top daily: buy breakout 1.550/1.560 target 1.750). Resiko saat ini di 930/990.
24/03. Done. 24/02: SMRA (730) hold buy 710-730 (circles) target 890 (channel top)/near 1170 (double top)Cup with handle & Impulse wave, Risk below 670
23/03. Done. 15/03 ASIA (121) Hold buy 102-105, target 129 (38.2% Fibo)/150 (50.0% Fibo)/169 (61.8% Fibo), resiko dibawah  (100-90).
22/03. Closed: BUMI at 2.400 (setelah tembus ex breakout 2425 & stochastic breakout & ditutup dibawah trendline support 2.575 ). Potensi kembali ke 2.050/2.150, Speculative Buy 2.050/2.150 target 2.500/2.550, resiko (stop loss di bawah 2.000). Short sell dibawah 1.975 target 1.700/1.550. 03/03. BUMI (2.325) Hold buy 2.150 (11/02; on circle) & breakout 2.425/2.450 (11/03)target 2.650/2.750, risk below 2.000.
22/03. Closed PGAS di 4.125. 17/03 PGAS (4.250) hold Buy di 4.150-4.250 target 4294 (138.2%)/4.550 (161.8 FR), resiko di 3800-3900,  03/03 PGAS (3.800) hold Buy 3.750-3.800 (circles) , for impulse iii/B. buy breakout 4.075 at 4.100 & 4.175 (17/03) target Rp 4.395 (138.2 FR)/4.550 (161.8) to get short
12-15/03 Done. 10/03 SULI (200) Short Area above 260-345 was done for the area for profit takers.
22/03 Done 04/03.RAJA (315) hold Buy 280/290 take profit 400 (neckline of cup with handle target), then buy breakout 500 target 610 (61.8 FR 950-60), risk is below 240.
19/03 closed 15/03 BKSL (95) hold Buy di 96-92, target 117-138 (61.8 FR), stop loss dibawah 90 (89-85)
19/03 Done. 21/03  17/03 ITMG (36.150) Buy on weakness 35.500-36.200 masih dapat dilakukan target 36.950 (138.2% FR) & 38.425 (161.8 FR), resiko di kotak 34200-33.300.
18/03 Done. 02/03  MNCN (250) hold Buy area 215-225 (circles), risk is below 195, on the way to 300 & buy breakout 325 (18/03) for 382 (138.2 FR)/417 (161.8 FR)
17/03 Done. 24/02: SDRA (225). hold Buying opportunity on circle signs at 215-230 target 325 (23.6% FR), risk below 195.
17/03 Done. 23/02. BMTR (290) hold buy on x sign (280-former double top resistance) target 345, Impulse iii/3 is going on.

NB: Target tercapai 31.03. Rekomendasi 25/02:  MASA/ APLI/ ITMG/ CTRP/ DILD 

HOLD Strategies of 14 stocks (Gallery Saham Mania):
31.03 Revisi DOID Buy 1.000-1.050 target 1.300 stop dibawah 960, short dibawah 970 target 850 stop Rp 50.
30/03 SULI (178) Buy (cicil beli) di 100 & 160 & 170-175 stop dibawah 10%, target 300-330, buy breakout 350 target 600/640, resiko 10-15%. Cautious Trade! Berada dalam down channel & wave v/A dalam 2. Disclaimer on.
30/03 ASIA (106) Buy C (cicil beli)di area 98-106 target 150/156 setelah breakout bull flag, resiko dibawah 10% atau dibawah 80 (segitiga bergaris). Disclaimer on.
23/03 CNKO (79)  CNKO kembali menunjukkan pola bull flag yang kedua, buy di area lingkaran (cicil beli 76-80) untuk breakout segitiga kerucut target 97 (buy breakout 98/99 target 150). Risk < reward = resiko berada di 67-62. Saat ini CNKO membentuk pola koreksi minuette ii/3 impulse.

16/03 KARK (104) hold Cicil beli (buy) 99-105, target 159 (panjang symmetrical triangle), resiko di 90-85
16/03 KAEF (127) hold Buy di lingkaran 125-128, target 147 (38.2% FR),
11/03 BRPT (1320) hold Buy 1.300-1.340 for wave i-v/1 & 1.430/1.460 for breakout 1.420), risk is below 1.200.
11/03 BSDE (610) hold Buy (600-620; breakout 740) target 800 (61.8% Fibo), stochastic crossover buy & oversold, risk are at 570-550
11/03 ELTY (270) hold Buy (270 & 255) target  new high 285/300/360. Risk (220-235). Buy breakout 310 for 360 then.
10/03 DGIK (86) hold Buy 86-88 area, risk is below 81
05/03 BIPI (250).  hold buy breakout 215/235 & hold Buy area 245 & 270 /342 (261.8%) for profit taking/450 (423.6% FR), risk is below 199.
04/03. MRAT (445) Hold buy 390/400 target 500-530, risk is below 370
24/02: BTEL (143): hold buy 139-143 (circles) Supported by 50% Fibonacci target 158/167, risk below 130, on the way
24/02: KIJA (104) hold Accumulation 101-105 area in 138.2% & 161.8% Fibo, risk is below 96, target 119/127

Use trailing stop if the prices going higher further, use tight stop as needed.
All recommendations available on the chart in this blogspot (gallery saham mania: globalmarketstrategist.blogspot.com)

Disclaimer on.

Hold Buy IHSG 2838 & 2875 target 2936/2965; Trading Buy 8 Saham



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