May 4, 2010: Traditional bull market affects

The traditional affects of an expanding economy and a bull market have finally reached the yield curve. After nine months of positive GDP growth in the US economy and over 12 months of steady advances in the S&P 500, the yield curve is beginning to flatten. This action normally starts within the first 12 to 18 months of a bull market and its presence now is right on schedule.

Yield curves gradually steepen during economic contractions and bear markets. Central banks cut interest rates in an attempt to help ward off recessions and help stimulate the economy. As an economy bottoms and begins to recover, short-term rates slowly start to rise before long-term rates. This action gradually begins the long process of flattening the curve. Central banks periodically increase interest rates to help maintain longer growth and curb the risk of future inflation. By the end of a bull market and near a top in the business cycle, the yield curve is basically flat (Chart 1). As GDP stalls and begins to fall (Chart 2), the process of rate reduction and steepening of the yield curve starts again.

This standard movement of flattening of the yield curve should help reinforce the idea that this current upward rise in the S&P 500 is not just a bear market bounce but rather the the early phase of a longer bull market.
Bottom line: The action of the yield curve and the movement of the stock market is a traditional pattern. Short-term yields can be expected to slowing advance now and continue throughout the present business cycle and bull market.

Investment approach: Long-term investors should recognize the important significance of the yield curve to the bull market. This correlation should help investors maintain a positive approach to equities over the course of this anticipated 2009-2013/14 equity advance. The yield curve should also act as an early warning to the next peak in the stock market. Flat yield curves generally develop 8 to12 months before the crest of a bull market.

Donald W. Dony, FCSI, MFTA

Crash & Burn still continue, watch out for 9-10% correction from 2996
record high, before bounce for a correction B (revised before analysis) .........The 1st intraday rebound to 2.806/2.845/2.873, after failed to thrust strong support 2.728 (low 2.746; -100 p). If closed above range 2.806-2.845 (potential hammer candle daily, MACD 5 minutes in positive teritory for the 1st time since 2.963), entry market (Buy back) for a rebound tommorow. Good Luck.

Update Daily Investment News

BHIT Raup Untung Rp153 Miliar di Q1-2010
PT Bhakti Investama Tbk (BHIT) mencetak untung sekitar Rp153 miliar pada triwulan I-2010, ketimbang periode yang sama 2009 menderita rugi sekitar Rp124 miliar.

BEI Awasi Pergerakan Waran Bank Capital
BEI tengah memantau pergerakan waran PT Bank Capital Tbk (BACA) lantaran melonjak 250% ke Rp70 pada perdagangan Rabu (5/5).

Investor Berspekulasi dengan Rumor
Saham KBRI tiba-tiba bergerak tak karuan. Kabarnya, sebelum diambil investor Finlandia, saham pabrik kertas ini akan diangkat ke level Rp300 atau naik 200% lebih.
Kerugian Benakat Melejit Hingga 769,68% di Q1-2010
BIPI mencatatkan kenaikan kerugian bersih sekitar 769,68% menjadi Rp49,207 pada triwulan I-2010, dibandingkan periode yang sama 2009 hanya Rp5,658 miliar.

Pengembang Singapura Minat Moderland
AA Land Ptd dikabarkan bakal menggandeng bank lokal guna menopang keinginan PT Moderland Realty Tbk (MDLN) untuk mengembangkan perumahan di Bekasi dan Tangerang.

    * BBCA: Bagikan Dividen 39% dari Laba Bersih 2009
    * LSIP : Produksi crude palm oil Lonsum naik 10%
    * PTBA: Tetap Dapat Upgrade Saham Hingga 30% di BTR
    * CPRO: Belum Pertimbangkan Investor Baru
    * HITS: Penjualan Anjlok, Rugi Usaha Rp27,35 Miliar
    * LPKR: Peminat Obligasi Global Naik
    * SMGR: Akan Bangun 4 Pabrik Kemasan
    * SMRA: Kantongi Pinjaman Bank Rp 400 Miliar
    * NISP: Perkirakan Aset Naik 25% Jadi Rp46 Triliun
    * KOIN: Penjualan Naik 38,5%

AA Land Pte Singapura dikabarkan bakal menggandeng bank lokal guna menopang minat PT Modernlan Realty Tbk (MDLN) untuk mengembangkan rumah di Bekasi dan Tangerang. Menurut kabar, aksi pengembang tersebut karena tertarik pada saham perseroan. Saham MDLN konon ditawar pada harga buku (book value) Rp335 per saham.

PT Alam Sutera Realty Tbk (ASRI) dikabarkan sukses menjual 62% unit apartement di satu menara yang diluncurkan Maret 2010 dan berniat meluncurkan menara baru bulan Mei ini. Kedua proyek itu akan meningkatkan penjualan 17% jadi Rp1,6 triliu pada 2010, dan sampai April telah mencapai Rp617 miliar. Nilai wajar sahamnya di kisaran Rp310-486.

Perusahaan makanan Siangpuran, EO's Holding, dan sebuah perusahaan asal Hong Kong dikabarkan tengah memjajakio PT Tiga Pilar Sejahtera Food Tbk (AISA).

PT Humpuss Intermoda Transportasi Tbk (HITS) mencetak keuntungan sekitar Rp13,418 miliar pada triwulan I-2010, dibandingkan periode yang sama 2009 merugi sekitar Rp55,539 miliar.

BI: Pertumbuhan Ekonomi Kuartal II Diatas 5,7%
Bank Indonesia (BI) memperkirakan pertumbuhan ekonomi pada kuartal II tahun ini akan diatas 5,7 %, lebih tinggi dibanding pertumbuhan ekonomi kuartal I tahun ini.

Sumber: Inilah.com, detikfinance.com

Nilai tukar rupiah kembali terperosok karena hantaman berbagai sentimen negatif. Selain karena krisis utang di Eropa, rupiah juga tertekan oleh mundurnya Sri Mulyani sebagai Menteri Keuangan. Pada perdagangan Kamis (6/5/2010), rupiah dibuka merosot ke level 9.200 per dolar AS, dibandingkan penutupan sebelumnya di level 9,115 per dolar AS.

Seolah kompak dengan pergerakan Indeks Harga Saham Gabungan (IHSG) dan rupiah, indeks Surat Utang Negara (SUN) ikut rontok. Kemarin (5/5), Himpunan Pedagang Surat Utang Negara (Himdasun) mencatat indeks SUN melorot 0,94% ke level 101,13 dibanding penutupan sehari sebelumnya yang di posisi 102,09.

Daily Forex Technicals |   Written by FXtechtrade
EUR/USD
Today's support: - 1.2780 and 1.2743(main), where correction is possible. Break would give 1.2708, where correction also may be. Then follows 1.2690. Break of the latter would result in 1.2672. If a strong impulse, we would see 1.2647. Continuation will give 1.2613.
Today's resistance: - 1.2895, 1.2938 and 1.2967 (main). Break would give 1.2988, where a correction is possible. Then goes 1.3016. Break of the latter would result in 1.3039. If a strong impulse, we'd see 1.3061. Continuation will give 1.3094 and 1.3136.
USD/JPY
Today's support: - 93.54, 93.12 and 92.70(main). Break would bring 92.46, where correction is possible. Then 92.14, where a correction may also happen. Break of the latter will give 91.63. If a strong impulse, we would see 91.46. Continuation would give 91.14 and 90.91.
Today's resistance: - 94.50, 94.73, 95.16 and 95.41(main), where a correction may happen. Break would bring 95.74, where also a correction may be. Then 95.91. If a strong impulse, we would see 96.30. Continuation will give 96.52.
DOW JONES INDEX
Today's support: - 10853.22 and 10826.40(main), where a delay and correction may happen. Break of the latter will give 10801.13, where correction also can be. Then follows 10775.16. Be there a strong impulse, we shall see 10746.17. Continuation will bring 10732.68.
Today's resistance: - 10991.22, 11035.28 and 11059.55(main), where a delay and correction may happen. Break would bring 11076.20, where a correction may happen. Then follows 1109.37, where a delay and correction could also be. Be there a strong impulse, we'd see 11134.50. Continuation would bring 11171.18 and 11187.11.

Nilai tukar rupiah kembali terperosok karena hantaman berbagai sentimen negatif. Selain karena krisis utang di Eropa, rupiah juga tertekan oleh mundurnya Sri Mulyani sebagai Menteri Keuangan. Pada perdagangan Kamis (6/5/2010), rupiah dibuka merosot ke level 9.200 per dolar AS, dibandingkan penutupan sebelumnya di level 9,115 per dolar AS.

Seolah kompak dengan pergerakan Indeks Harga Saham Gabungan (IHSG) dan rupiah, indeks Surat Utang Negara (SUN) ikut rontok. Kemarin (5/5), Himpunan Pedagang Surat Utang Negara (Himdasun) mencatat indeks SUN melorot 0,94% ke level 101,13 dibanding penutupan sehari sebelumnya yang di posisi 102,09.

Daily Forex Technicals |   Written by FXtechtrade
EUR/USD
Today's support: - 1.2780 and 1.2743(main), where correction is possible. Break would give 1.2708, where correction also may be. Then follows 1.2690. Break of the latter would result in 1.2672. If a strong impulse, we would see 1.2647. Continuation will give 1.2613.
Today's resistance: - 1.2895, 1.2938 and 1.2967 (main). Break would give 1.2988, where a correction is possible. Then goes 1.3016. Break of the latter would result in 1.3039. If a strong impulse, we'd see 1.3061. Continuation will give 1.3094 and 1.3136.
USD/JPY
Today's support: - 93.54, 93.12 and 92.70(main). Break would bring 92.46, where correction is possible. Then 92.14, where a correction may also happen. Break of the latter will give 91.63. If a strong impulse, we would see 91.46. Continuation would give 91.14 and 90.91.
Today's resistance: - 94.50, 94.73, 95.16 and 95.41(main), where a correction may happen. Break would bring 95.74, where also a correction may be. Then 95.91. If a strong impulse, we would see 96.30. Continuation will give 96.52.
DOW JONES INDEX
Today's support: - 10853.22 and 10826.40(main), where a delay and correction may happen. Break of the latter will give 10801.13, where correction also can be. Then follows 10775.16. Be there a strong impulse, we shall see 10746.17. Continuation will bring 10732.68.
Today's resistance: - 10991.22, 11035.28 and 11059.55(main), where a delay and correction may happen. Break would bring 11076.20, where a correction may happen. Then follows 1109.37, where a delay and correction could also be. Be there a strong impulse, we'd see 11134.50. Continuation would bring 11171.18 and 11187.11.

Rupiah to Fall 7.6% Versus Yen on Fibonacci: Technical Analysis
(Bloomberg) -- The rupiah may slide 7.6 percent against the yen in the next two weeks to the lowest level since March 4 after Indonesia’s currency failed to hold a key level of resistance, according to Okasan Securities Co.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aq.02Tk83kZ8

Yuan Forwards Set to Weaken, SocGen Says: Technical Analysis
(Bloomberg) -- China’s yuan forwards may depreciate from a one-month low after trading weaker than their 200-day moving average for the first time since March 2009, according to Societe Generale SA.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aFwzDgPvvBb0

Mowat Says JPMorgan `Underweight' China, Brazil Stocks: Video
(Bloomberg) -- Adrian Mowat, JPMorgan Chase & Co.'s chief Asian and emerging-market strategist, talks with Bloomberg's Susan Li and Paul Gordon about his investment strategy for global stocks.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aD3Ubw1r8ICQ

Citigroup Sees 15% Emerging Stocks Gains; Greece, China Risks
(Bloomberg) -- Emerging-market stocks will rebound from the slump that erased 2010 gains yesterday and end the year 15 percent higher as a global economic recovery drives earnings growth, according to Citigroup Inc.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aIfWwKSc6zQM

India Stocks Face Greater Inflation Risk Than China, HSBC Says
(Bloomberg) -- Rising consumer prices make India’s stock market riskier than China’s, said Garry Evans, HSBC Holdings Plc’s global head of equity strategy. http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a2KMTD554Qao

Rupiah Falls Most Since November as Funds Dump Stocks, Bonds
(Bloomberg) -- Indonesia’s rupiah dropped the most since November on signs the debt crisis in Europe is prompting overseas investors to sell the country’s stocks and bonds.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aVToQ8pgUWDE

Get Out of Stocks and Into Bonds: Portfolio Manager
Stocks opened lower on Wednesday, following a selloff in the prior session, as Moody's put Portugal's debt rating on review. Barry James, president of James Advantage Funds and Neil Hennessy, portfolio manager and chief investment officer at Hennessy Funds shared their insights.
http://www.cnbc.com/id/36961753

When to Expect 10-15% Correction: Strategist
The CBOE volatility index (VIX), widely considered the best gauge of fear in the market, spiked more than 20 percent on Tuesday to top 25, its highest level in almost two months. What does the level imply for the markets—and what should investors expect going forward? Mark Arbeter, chief technical strategist at Standard & Poor’s, shared his insights.
http://www.cnbc.com/id/36941071

Halftime: Wednesday's Key Level In The S&P
Stocks [.SPX  1165.87    -7.73  (-0.66%)   ] pared the worst of their losses, around lunchtime Wednesday, with buyers stepping into financials [XLK  22.93    -0.10  (-0.43%)   ] and consumer staples [XLY  33.99    -0.4925  (-1.43%)   ] cheered by new data on employment which showed the U.S. economy grew private sector jobs for the first time since January 2008.
http://www.cnbc.com/id/36965092

Cramer: Avoid Hot Stocks for Now
“This is a General Mills market,” Cramer said during Wednesday’s Stop Trading!.
http://www.cnbc.com/id/36963161

European Union, Currency Are Headed for Collapse: Gartman
The current European debt crisis likely will not end until the euro collapses as a currency and takes the entire European Union with it, said Dennis Gartman, hedge fund manager and author of "The Gartman Letter."
http://www.cnbc.com/id/36961257

Europe's Undervalued, but I'm Not Buying: Barton Biggs
Investments in debt-stricken Europe are "undervalued," "unloved" and "now oversold," Barton Biggs, the managing partner at Traxis Partners hedge fund, told CNBC Wednesday. But he's still not investing in Europe.
http://www.cnbc.com/id/36969174

The Correction Has Started: Strategist
The correction in stock markets has already started, Philippe Gijsels, head of research at BNP Paribas Fortis Global Markets, told CNBC Wednesday.
http://www.cnbc.com/id/36865376

Closed IHSG Buy 2.965/2.886 at 2.811. (-154p-75p). Cancel buy 2.800/2.811. Buy 2.730, 2.780 & buy break 2.811 target 2.868, stop 30p

Track Record IHSG: 21 Recommendations (16 profits: 1 break even: 4 loss) = (+20p+45p+73p+53+60p+45p+63p+0p+27p+50p-20p+13p
+40p+45p+40p+29p-30p-154p-75p). Total : 603 point - 259 point = Net +344 points. Average 16.38 point/trade. P = Point. Disclaimer on. 

Elliott Wave: DJIA: Rally Killer on the Loose?

How sentiment extremes mark trend reversals.
Here's something they don't teach you in Economics 101: Too many bulls can kill a rally.
Conversely, too many bears can stop a bear market. It sounds paradoxical, but it's true: When market sentiment gets to an extreme on either side -- pessimistic or optimistic -- more often than not, the trend is near its reversal.
http://www.elliottwave.com/freeupdates/archives/2010/05/03/DJIA-Rally-Killer-on-the-Loose.aspx






















One Year Later: Is The Bear Really Dead?
The optimistic extreme we've been waiting for has finally arrived
The two columns below compare quotes from news stories in March-April 2009, vs. quotes from today's news:
Spring 2009:
"Dow 5,000? A Bearish Possibility?" (Wall Street Journal)
"The bear market is tightening its grip. No one is taking a back seat approach. Everyone is selling. We're collapsing in on ourselves." (New York Times)
http://www.elliottwave.com/freeupdates/archives/2010/05/03/One-Year-Later-Is-The-Bear-Really-Dead.aspx


Brushed Off the Shoulder -- Then What For Stocks?
See A Pattern That's Part of A Bigger Picture
The markets are like a purebred that no one can train. The S&P 500 won't respond to your whistle. Prices don't go up if you offer a treat. So there's no doubt that markets are uncontrollable. But -- even an untrained dog will follow patterns of behavior.
http://www.elliottwave.com/freeupdates/archives/2010/04/29/Brushed-Off-the-Shoulder----Then-What-For-Stocks.aspx

Does "Big Picture" Mean "Distant Future"?
With Elliott, you can simultaneously track several trends on different time frames.
New Elliott wavers can have the impression that a "big picture" Elliott wave forecast only applies to the distant future and is irrelevant to short-term market action.
http://www.elliottwave.com/freeupdates/archives/2010/04/30/Does--Big-Picture--Mean--Distant-Future-.aspx

Rekomendasi Top 38 Stocks: Welcome JCI 3000+ This Week?

IHSG mengalami mini crash, selling power yang kuat, breakout trendline 2920 dan mendekati target support 2811, jika tembus target 2789/2728.Potensi bullish dpt terjadi jika indeks tembus 2899, menuju 2922/2946. Jebolnya 2897 membuktikan wave impulse v/5 dalam 5) telah berakhir, saat ini dalam proses koreksi 5/A kecuali tembus 2811, target 2.789/2.728. Dan berikutnya bersiap untuk wave abc dalam B. Speculative Buy bhit, unvr, bmri, auto, admf. Hold Buy n Buy on weakness (sesi 1: 05/05) bhit, antm, medc, bbca, smgr, ggrm, smcb, pgas, dild, gjtl, bwpt. doid, raja, lsip, inco, asii, ptba, tmpi, asri, bumi, itmg, ggrm, idkm, bksl, dgik, kija, elsa, dild, auto, admf, myor, hexa, davo, cpro, bmtr, medc, adro, bmri, agro, bbtn, indf.closed Buy break 2.965 di 2994; profit +29point. Buy 2800/2811 & Hold buy 2886 & 2960 target 3040. Closed Buy 2920/2.927 target 3.040, loss 30p.  Risk 3.5%, Reward >10%. Track Record IHSG: 19 Recommendations (16 profits: 1 break even: 2 loss) = (+20p+45p+73p+53+60p+45p+63p+0p+27p+50p-20p+13p
+40p+45p+40p+29p-30p).P = Point. Disclaimer on.  

Research BNI Securities Technical Analysis:  http://www.ziddu.com/download/9746426/050610t.pdf.html

@DJIA: -65p sell Buy 10.730/10.750 target 10950, stop 10690

Update Daily Investment News

Reuters - Presiden SBY menyetujui kepindahan  Sri Mulyani ke World Bank

Sri Mulyani: Saya Masih Tunggu Surat Dari Presiden SBY Ramdhani. Menteri Keuangan Sri Mulyani mengkonfirmasi kebenaran penunjukan dirinya sebagai Managing Director Bank Dunia. Saat ini dia masih menunggu surat persetujuan dari Presiden SBY mengenai sikap Presiden terhadap penunjukan tersebut.
http://www.detikfinance.com/read/2010/05/05/110515/1351424/4/sri-mulyani-saya-masih-tunggu-surat-dari-presiden-sby

GJTL Raup Laba Rp246,478 Miliar
PT Gajah Tunggal (GJTL) mencetak keuntungan sekitar Rp246,478 miliar pada triwulan I-2010, dibandingkan periode yang sama 2009 merugi Rp294,699 miliar.

Kabar Sri Mulyani Mundur Guncang Bursa
Indeks Harga Saham Gabungan (IHSG) terpantau memerah. Peluang pengunduran diri Sri Mulyani Indrawati sebagai Menteri Keuangan menekan bursa lokal hingga 3%.

Sri Mulyani Mundur
IHSG Sesi 1 pun Terkapar 2,78%
Mencuatnya kabar Sri Mulyani dipinang menjadi Managing Director Bank Dunia menjadi sentimen negatif. IHSG terkapar 2,78% atau 82,170 poin ke level 2.876,84.

PT Summarecon Agung Tbk (SMRA) berencana membagikan dividen tunai tahun buku 2009 sebesar Rp 8 per saham. RUPS Tahunan juga menyetujui susunan direksi dan komisaris yang baru.

BWPT: 1Q10, Cetak Kenaikan Laba 14,8%
SMCB: Pajak Membengkak, Rugi US$62,5 juta
SMGR: Siap Akuisisi Perusahaan Asing US$300 Juta
AKRA: Bagi Dividen Rp25 Per Saham
SOBI: Bagi Dividen Rp55/Saham
DGIK: Tambah Saham di Proyek Jalan Tol Tengah Surabaya
APOL: Peringkat Arpeni Terancam Memburuk
ASRI: Argo Manunggal Lego Saham Alam Sutera
SMRA: Obligasi Raih Peringkat A
TMPI: Segera Konversi Saham
JSPT: Jadwal Pembagian Dividen

Beberapa trader yakin, saham PT Summarecon Agung Tbk (SMRA) berpeluang menguat ke level Rp1.125 dalam jangka pendek. Kabar yang ada menyebutkan, perseroan sukses dalam peluncuran dua cluster perumahan baru Summarecon Bekasi, dan berpotensi membukukan pendapatan Rp1,6 triliun tahun ini, dari tahun lalu Rp1,3 triliun.

PT Sumalindo Lestari Jaya Tbk (SULI) akan dibawa ke Rp200 dalam waktu dekat terkait rencana restrukturisasi utang perseroan. Ada investor strategis global yang dikabarkan siap mendanai aksi korporasi tersebut seiring kembali bergairahnya industri pengolahan kayu. Investor baru juga mendukung rencana perseroan mengakusisi HPH.

Asian Currencies Slump, Paced by Peso, as Greece Fans Contagion
(Bloomberg) -- Asian currencies slumped, with the Philippine peso and Malaysia’s ringgit reaching one-month lows, as global stocks and commodities plunged amid concern Greece’s debt crisis is spreading in Europe.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a1KhORD3jYaM

Philippine Stocks Lose ‘Steam’ Before Polls: Technical Analysis
(Bloomberg) -- The Philippine benchmark stock index may fall before the nation’s elections as two alternating patterns on its candle chart in the past four days show the market is “losing steam,” Accord Capital Equities Corp. said.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=abmvj3XX3erU

Copper’s Drop Below $8,000 May Signal Peak: Technical Analysis
(Bloomberg) -- Copper’s failure to remain above $8,000 a metric ton may indicate that prices have peaked and are set to decline further, according to technical analysis by Commerzbank AG.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=arTT2bwucWCo

Indonesia’s Sri Mulyani Given Top World Bank Role (Update1)
(Bloomberg) -- Indonesia’s Finance Minister Sri Mulyani Indrawati, who has been a candidate to head her nation’s central bank, was selected to be a top adviser to World Bank President Robert Zoellick.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a0wcVBqOHDJE

Why Investors Should Still Buy on This Dip: Market Pro
US stocks fell sharply on Tuesday as the dollar rallied against the euro amid worries about the European debt crisis. So how should investors prepare their portfolios? Dan Fitzpatrick, president of Stock Market Mentor, shared his insights.
http://www.cnbc.com/id/36938997

Real Correction May Be in June-July: Citi's Levkovich
Markets could see a correction in the June to July time-frame, said Tobias Levkovich, chief U.S. equity strategist at Citi. He shared his market outlook with investors.
http://www.cnbc.com/id/36938103

Short-Term Investor? Buy Here
The food, drug and dividend stocks are “getting a rush of money,” Cramer said during Tuesday’s Stop Trading. That comes thanks to a “classic rotation” out of cyclical names and into less economically sensitive companies.
http://www.cnbc.com/id/36942750

Stock Market Disconnect in Options Reveals Risk (Update2)
Bloomberg) -- U.S. stocks are rallying the most in seven decades, housing prices are stabilizing and the economy is expanding again after the worst recession since the Great Depression. Yet Dean Curnutt, founder of options advisory and brokerage firm Macro Risk Advisors LLC in New York, is wary.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aD1MhD9ryjY4

Currency Majors Technical Analysis
Mataf.net 
      EUR/USD - Euro / US Dollar
      Entry: 1.2965
      Stop: 1.3015
      Resistances: 1.3115 - 1.305 - 1.2995
      Supports: 1.28 - 1.289 - 1.2935
      GBPJPY
      GBP/JPY - British Pound / Yen
      Entry: 143.35
      Stop: 142.85
      Resistances: 144.95 - 144 - 143.75
      Supports: 140.95 - 141.65 - 142.65
      USDCAD
      USD/CAD - US Dollar / Canadian Dollar
      Entry: 1.0265
      Stop: 1.023
      Resistances: 1.0325 - 1.03 - 1.027
      Supports: 1.01 - 1.019 - 1.023
      USDCHF
      USD/CHF - US Dollar / Swiss Franc
      Entry: 1.105
      Stop: 1.101
      Resistances: 1.119 - 1.1115 - 1.1075
      Supports: 1.0925 - 1.1025 - 1.104
      AUDUSD
      AUD/USD - Australian dollar / US Dollar
      Entry: 0.9095
      Stop: 0.913
      Resistances: 0.923 - 0.916 - 0.913
      Supports: 0.9 - 0.906 - 0.908
      GBPUSD
      GBP/USD - British Pound / US Dollar
      Resistances: 1.527 - 1.521 - 1.5165
      Supports: 1.5005 - 1.5045 - 1.509
      USDJPY
      USD/JPY - US Dollar / Yen
      Resistances: 96.1 - 95.4 - 95
      Supports: 93.85 - 94.3 - 94.65
      EURJPY
      EUR/JPY - Euro / Yen
      Resistances: 125.5 - 124 - 123.2
      Supports: 121 - 121.4 - 122.5

Rekomendasi Top 38 Stocks: Welcome JCI 3000+ This Week?

IHSG masih dalam jalur extend bullish dan ditutup di atas 2.954, buying power melemah, telah picu aksi profit taking setelah capai rekor tertinggi 2996, batasi potensi kenaikan didukung oleh final impulse wave v/5 dalam subwave koreksi c/iv yg kemungkinan telah berakhir di 2946 low 04/05 (selama support 2.897 (wave ii; tidak ditembus),indeks masih menunjukkan pola wash & rinse bullish dan ascending triangle, (sesuai dengan E.W DJIA di 5/5), support di 2946/2920(channel support)//2.897 , jika msh bertahan diatas 2926, berpeluang breakout resist  2954 untuk target 2985/3042. Trend berbalik bearish jika indeks ditutup dibawah 2926 dapat picu aksi profit lebih lanjut. Hold Buy n Buy on weakness (sesi 1: 05/05) bhit, antm, medc, bbca, smgr, ggrm, smcb, pgas, dild, gjtl, bwpt. doid, raja, lsip, inco, asii, ptba, tmpi, asri, bumi, itmg, ggrm, idkm, bksl, dgik, kija, elsa, dild, auto, admf, myor, hexa, davo, cpro, bmtr, medc, adro, bmri, agro, bbtn, indf.closed Buy break 2.965 di 2994; profit +29point. Hold buy 2960 target 3040. Buy 2920/2.927 target 3.040 stop 30p.  Risk 3.5%, Reward >10%. Track Record IHSG: 18 Recommendations (16 profits: 1 break even: 1 loss) = (+20p+45p+73p+53+60p+45p+63p+0p+27p+50p-20p+13p+40p+45p+40p+29p).P = Point. Disclaimer on.  

Buy IHSG 2.960 target 3.040, at the end of Correction c/2 in 5/5 impulse 2.956 low intraday (14. 30 WIB)

Closed hold buy 2.965 target 3.000 at end of 1st session at 2.994 (correction c).
2 Wave Scenario: Target Final Wave 5: 3.071???

Prognosis: Final Wave 5: 3.073???

Update Daily Investment News

Telkom Indonesia Shares May Extend Gains: Technical Analysis
(Bloomberg) -- PT Telekomunikasi Indonesia, the nation’s biggest phone company, may extend the gains in the past three days as an uptrend emerged on its Chaikin Oscillator graphs and trading volume jumped.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aKiTcOp5bohU

Indonesia May Hold Rates as Rupiah Tackles Inflation (Update1)
Bloomberg) -- Indonesia’s central bank may keep its benchmark interest rate at a record low this week as a strengthening currency and rising food supplies keep inflation at “moderate” levels.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=avDivOYhmIf8

PT Unilever Indonesia, the country’s largest maker of detergent, jumped 12 percent after JPMorgan Chase & Co. raised the stock’s rating to “neutral” from “underweight.”

State Street ’Underweight’ China, Brazil Stocks on Valuations
(Bloomberg) -- State Street Global Advisors has an “underweight” position on the largest emerging markets including China and Brazil on concern shares are expensive relative to smaller developing nations as economic growth slows.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a2F8mMV07q2U

S&P to Hit 1350 in 12 Months: Equity Strategist
Stocks advanced Monday after some positive economic reports. How much longer will the rally last? Phil Orlando, chief equity market strategist at Federated Investors, and Scott Wren, senior equity strategist at Wells Fargo Advisors, shared their insights.
http://www.cnbc.com/id/36913856

Oil Would Be Fairly Valued at $60: Oppenheimer's Fadel Gheit
The massive oil spill in the Gulf of Mexico has negatively impacted the shares of the companies involved. Will it have a direct effect on crude oil prices? Jason Gammel, managing director of research at Macquarie, and Fadel Gheit, managing director and senior analyst at Oppenheimer, offered CNBC their insights.  (Scroll down for their stock picks and pans.)
http://www.cnbc.com/id/36918577

Halftime: Market Hits Trifecta, How Should You Bet?
Three separate catalysts triggered a strong rally on Monday sending the Dow [.DJIA  11151.83    143.22  (+1.3%)   ] higher by triple digits.
http://www.cnbc.com/id/36916450

Sell in May? Here's a Better Way to Invest This Summer
Investors conditioned to backing out of the market as the summer looms might want to rethink their positions after what happened in 2009.
http://www.cnbc.com/id/36872772

India Stocks May Fall 15% on Inflation, Fund Flows, Birla Says
(Bloomberg) -- Indian stocks may fall by as much as 15 percent over the next three months amid accelerating inflation and the possibility of foreign investors withdrawing funds, Birla Sun Life Insurance Co. said.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=arlcX5eKfkE0

Nickel Peaking as China Prefers Pig Iron to Top Metal (Update1)
(Bloomberg) -- Nickel, this year’s best-performing commodity, is poised to decline as world supplies climb at the fastest pace in a decade and China’s search for lower-cost alternatives slows demand growth.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aVa5GZbTUeO4

Palm Oil Futures Decline on Speculation Output Is Rebounding
(Bloomberg) -- Palm oil fell on speculation that output from Malaysia, the world’s second-largest producer, is rising as trees recover from seasonal stress, boosting supply and stockpiles even as export demand may be weakening.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aDOkp8OjwtAE

Indeks Harga Saham Gabungan (IHSG) terus menunjukkan keperkasaannya. Hingga sesi pertama berakhir, Selasa (4/5), indeks masih melaju 1,01% ke level 2.990,75%. Angka tersebut merupakan rekor baru indeks meskipun pada sesi awal perdagangan indeks sempat menyentuh level tertingginya di 2.996,4. Perdagangan hari ini mendapat bahan bakar dari kenaikan harga saham PT Unilever Indonesia Tbk (UNVR) yang melejit 11,76% menjadi Rp 16.150, harga tertinggi dalam 6 bulan terakhir. Lalu, saham PT Bank Rakyat Indonesia tbk (BBRI) naik 1,69% menjadi Rp 9.050, PT Astra International Tbk (ASII) naik 0,97% menjadi Rp 46.850, PT Bank Danamon yang naik 2,63% menjadi Rp 5.850, dan PT Semen Gresik Tbk (SMGR) naik 2,42% menjadi Rp 8.450.Sementara itu, di jajaran saham-saham pemberat indeks terdapat saham PT Smart Tbk (SMAR) yang rontok 4,09% menjadi Rp 4.100 dan PT International Nickel Tbk (INCO) turun 1% menjadi Rp 4.950. Kemudian, saham sejuta umat PT Bumi Resources Tbk (BUMI) rontok 2,08% menjadi Rp 2.350, PT Bumi Serpong Damai Tbk (BSDE) longsor 4,76% menjadi Rp 800, dan PT Bank International Indonesia Tbk (BNII) yang turun 0,015 menjadi Rp 300.Total nilai transaksi saham siang ini mencapai Rp 1,41 triliun dengan volume saham yang diperdagangkan mencapai 1,97 miliar saham.Di Asia, indeks Strait Times siang ini melemah 0,96% ke level 2.916 dan indeks Hang Seng menguat 0,09% ke level 20.830,20. Bursa Jepang masih libur perayaan Golden Week.

Bank Capital Bantah Lepas Saham ke Bank Mega
PT Bank Capital Indonesia Tbk (BACA) membantah akan melepas sahamnya ke Bank Mega seharga Rp100-150 per saham.

Duta Graha Bidik Kontrak Baru Rp2 Triliun di 2010
PT Duta Graha Tbk (DGIK) membidik kontrak baru sepanjang 2010 mencapai Rp2 triliun dengan order book mencapai Rp3,6 triliun.

LPIN Raup Laba Bersih Rp4,05 Miliar di Q1-2010
PT Multi Prima Sejahtera Tbk (LPIN) mencatatkan laba bersih Rp4,049 miliar pada kuartal pertama 2010.

PT Eatertainment International Tbk (SMMT) mencatatkan kenaikan laba bersih sebesar 7.350% menjadi Rp4,474 miliar pada kuartal pertama 2010 dibandingkan periode sama sebelumnya Rp64,502 juta.

PT Kokoh Inti Arebama Tbk (KOIN) mencatatkan penurunan laba bersih sebesar 9,6% pada kuartal I-2010 menjadi Rp1,13 miliar pada kuartal serupa 2009.

HSBC Fund Beli Saham Multipolar
HSBC-Fund Services Clients A/C 500 telah membeli saham PT Multipolar Tbk (MLPL) sebesar 112.924.000 lembar saham.

MPPA Revisi Dividen Interim Jadi Rp180 per Saham
PT Matahari Putra Prima Tbk (MPPA) merivisi dividen interm sebesar Rp180 per saham dari 210 per saham yang akan dibagikan pada 12 Mei 2010.

Langkah PT Trias Sentosa Tbk (TRST) mengakuisisi Tianjin Sunshine Palstics, Tingkok, tahun 2007, telah menjadikan perseroan "A Leader in Packaging Material Supplier in Asia". Kinerja keuangan 1Q10 dikabarkan melnjka sngat signifikan. Sahamnya masih murah dengan PER 4,78 kali dan PBV 0,6 kali, serta akan diangkat ke level Rp375-400. Perseroan juga dikabarkan membagi tahun 2009 sebesar Rp15/saham.

Saham PT Bank Agroniaga (AGRO) berpotensi menuju Rp200 per lembarnya. Hal ini seiring rencana akuisisi oleh PT Bank Rakyat Indonesia (BBRI).

Isu yang beredar menyebutkan, saham PT Kertas Basuki Rachmat Indonesia Tbk (KBRI) akan diburu investor asing dan lokal.

    * BHIT: Raih Laba Bersih Rp 152,6 M
    * SMGR: Pemerintah beli 1,25% saham Semen Gresik
    * TRIO: Pendapatan Meningkat 19%
    * KIAS: Omzet KIAS melonjak 72%
    * MNCN: Buyback 15 Juta Saham
    * BBNI: Green Shoe Dilepas Rp2.500 Per Saham
    * ANTM: BUMN Minta Krakatau-Antam Tangani Inalum
    * BSDE: BSD siapkan akuisisi lahan Rp2 triliun
    * GJTL: Gajah Tunggal incar penjualan naik 25%
    * AGRO: Divestasi Bank Agro Tuntas

  ANTM-Hangzhou Segera Teken Perjanjian Kerjasama
Bulan ini, ANTM juga bakal mengumumkan pemenang tender ulang proyek SGA yang memiliki nilai investasi Rp 400 miliar.

  91,73% Pemegang Obligasi LPKR Setujui Konversi
Lippo Karawaci berharap tawaran konversi obligasi dan penggantian biaya bagi pemegang obligasinya bisa tuntas pada 10 Mei mendatang.

  Media Nusantara Citra Buyback 15 Juta Saham
Total saham yang dibeli kembali oleh MNCN mencapai 15 juta saham senilai Rp 6,68 miliar.

Sumber: Detikfinance.com, inilah.com, kontan

Daily Forex Technicals |   Written by FXtechtrade
EUR/USD
Today's support: - 1.3180, 1.3159, 1.3131 and 1.3084(main), where correction is possible. Break would give 1.3076, where correction also may be. Then follows 1.3053. Break of the latter would result in 1.3028. If a strong impulse, we would see 1.3011. Continuation will give 1.2988.
Today's resistance: - 1.3262, 1.3288 and 1.3324 (main). Break would give 1.3341, where a correction is possible. Then goes 1.3368. Break of the latter would result in 1.3393. If a strong impulse, we'd see 1.3413. Continuation will give 1.3440 and 1.3465.
USD/JPY
Today's support: - 94.05, 93.54, 93.12 and 92.70(main). Break would bring 92.46, where correction is possible. Then 92.14, where a correction may also happen. Break of the latter will give 91.63. If a strong impulse, we would see 91.46. Continuation would give 91.14 and 90.91.
Today's resistance: - 95.16 and 95.41(main), where a correction may happen. Break would bring 95.74, where also a correction may be. Then 95.91. If a strong impulse, we would see 96.30. Continuation will give 96.52.
DOW JONES INDEX
Today's support: - 11064.36, 10991.30, 10957.50 and 10923.80(main), where a delay and correction may happen. Break of the latter will give 10911.40, where correction also can be. Then follows 10888.12. Be there a strong impulse, we shall see 10853.22. Continuation will bring 10826.40 and 10807.26.
Today's resistance: - 11187.11 and 11208.72(main), where a delay and correction may happen. Break would bring 11240.76, where a correction may happen. Then follows 11265.33, where a delay and correction could also be. Be there a strong impulse, we'd see 11290.37. Continuation would bring 11323.12 and 11342.86.

Rekomendasi Top 38 Stocks: Welcome JCI 3000+ This Week?

IHSG masih dalam jalur extend bullish dan ditutup di atas 2.954, buying power yg moderat yang sempat kendor, dapat batasi potensi penurunan, didukung oleh final impulse wave v/5 dalam subwave koreksi c/iv yg kemungkinan telah berakhir di 2950 low 03/05,indeks masih menunjukkan pola wash & rinse bullish dan ascending triangle, (sesuai dengan E.W DJIA di 5/5), berpeluang breakout resist  2954 untuk target 2985/3042. Trend berbalik bearish jika indeks ditutup dibawah 2926 dapat picu aksi profit lebih lanjut. Buy bhit, antm, medc, bbca, smgr, ggrm, smcb, pgas, dild, gjtl, bwpt. Hold Buy doid, raja, lsip, inco, asii, ptba, tmpi, asri, bumi, itmg, ggrm, idkm, bksl, dgik, kija, elsa, dild, auto, admf, myor, hexa, davo, cpro, bmtr, medc, adro, bmri, agro, bbtn, indf.closed Buy break 2.928; profit +40point. Buy 2927-2930 & 2965 target 3.000 stop 20p.  Risk 3.5%, Reward >10%. Track Record IHSG: 17 Recommendations (15 profits: 1 break even: 1 loss) = (+20p+45p+73p+53+60p+45p+63p+0p+27p+50p-20p+13p+40p+45p+40p).P = Point. Disclaimer on.  

Update Daily Investment News

Badan Pusat Statistik (BPS) mencatat inflasi bulan April 2010 mencapai 0,15%. Dengan begitu besaran inflasi kumulatif Januari-April 2010 adalah sebesar 1,15%, sementara inflasi year on year pada Februari 2010 adalah 3,91%.

Nilai kapitalisasi pasar seluruh saham di Bursa Efek Indonesia (BEI) telah menembus angka Rp 2.423 triliun pada perdagangan akhir pekan kemarin, naik 20% dari posisi akhir tahun lalu sebesar Rp 2.019 triliun.

IHSG Sesi I Ditutup Menguat 4,53 Poin
Indeks Harga Saham Gabungan (IHSG) pada perdagangan sesi I Senin (3/5) ditutup menguat 4,53 poin (0,15%) ke level 2.975,78.

Rupiah Pagi Dibuka Melemah 20 Poin
Pada pembukaan perdagangan Senin (3/5) Rupiah dibuka di kisaran 9.030 atau melemah 20 poin dibandingkan penutupan pekan lalu di kisaran 9.010.

JSPT Bagi Dividen Rp6 Per Saham
PT Jakarta Setiabudi Internasional Tbk (JSPT) berencana membagikan dividen tahun buku 2009 sebesar Rp13,9 miliar atau Rp6 per lembar saham.

DGIK Incar Aset Tambang Sinar Mas?
PT Duta Graha Indah (DGIK) saat ini sedang tertarik membeli aset pertambangan aset tambang Sinar Mas, yakni PT Borneo Indobara.

Laba Bersih BUMA di Bawah Estimasi Pasar
Anak usaha PT Delta Dunia Makmur Tbk, BUMA pada kuartal I-2010 membukukan penurunan pendapatan bersih sebesar 9,2% YoY menjadi Rp1,16 triliun.

PT Bhakti Investama Tbk (BHIT) berhasil meraup laba bersih Rp152,59 miliar pada kuartal I-2010 dibanding periode serupa 2009 yang rugi Rp123,96 miliar.

PT Bakrie Sumatera Plantations Tbk (UNSP) melalui anak usahanya PT Grahadura Leidongprima telah mengakuisisi 100% saham PT Citalaras Cipta Indonesia.

Laba Bersih Gudang Garam Naik 18,87% di Q1-2010
PT Gudang Garam Tbk (GGRM) membukukan laba bersih naik 18,87% dari Rp780,488 miliar pada kuartal pertama 2009 menjadi Rp927,788 miliar pada kuartal pertama 2010.

INAI Raup Laba Bersih Rp2,94 Miliar di Q1-2010
PT Indal Aluminium Industry Tbk (INAI) berhasil mencatatkan laba bersih sebesar Rp2,94 miliar pada kuartal I-2010.

    * PGAS: Kuartal I, Peningkatan Penjualan Gas 17%
    * ELSA: Pendapatan Tembus Rp1 Triliun
    * TINS: Kenaikan Laba Bersih Paling Tinggi
    * INDY: Laba Bersih 1Q Sebesar Rp 291,74 Miliar VS Rp 451,37 Miliar
    * DGIK: Raih Kontrak US$20 Juta
    * BRPT: Laba Melonjak 233%
    * VRNA: Laba Bersih Melonjak
    * BTPN: Revisi Target Kredit
    * KARK: Dayaindo Siap Rights Issue Juni 2010
    * SMSM: Emisi Bond Rp300 M
    * BBRI: 2010, BRI Perkirakan Laba Bersih Tumbuh 20%

Pengendali PT Bank Capital Indonesia Tbk (BACA) dikabarkan akan melepas sahamnya ke Bank Mega Tbk (MEGA) pada kisaran harga Rp100-150 per saham.

Sebanyak 15 emiten BUMN yang telah merilis laporan keuangan triwulan I-2010 menunjukkan kinerja memukau. Kenaikan laba bersih mencapai 32,02% menjadi Rp 11,846 triliun.

PT Dian Swastatika Sentosa Tbk (DSSA) membukukan penurunan laba bersih konsolidasi sekitar 74,71% menjadi US$1,959 juta di triwulan 1-2010, dibandingkan triwulan yang sama 2009 sekitar US$7,749 juta.

Kabar di pasar menyebutkan ada beberapa trader yang mengingatkan investor agar mencermati pergerakan saham PT Tunas Ridean Tbk (TURI). Trader tersebut akan mengangkat harga saham TURI menuju level Rp3.000

Sekawan Inti Cetak Untung Rp903,11 Miliar di Q1-2010
Sekawan Inti Pratama Tbk berhasil mencetak laba bersih sekitar Rp903,11 miliar di triwulan 1-2010, dibandingkan triwulan yang sama 2009 lalu merugi Rp129,726 miliar.

UNSP Laba Rp 64 Miliar Berkat Kenaikan Penjualan & Kurs
Meski laba bersih UNSP meningkat pesat, beban usahanya ikut membengkak.

Kuartal I-2010, Laba Bersih MAPI Naik 55,49%
Kontribusi terbesar bagi pendapatan MAPI disumbangkan oleh penjualan eceran dan grosir senilai Rp 883,42 miliar.

Sumber: Detikfinance.com, inilah.com, kontan.

Daily Forex Technicals |   Written by India Forex
The EURUSD is currently trading at 1.3226 levels after touching a low of 1.3110 levels last week. Near term importers cover near 1.3000 –1.3200 levels. Bearish below 1.3650 levels and 1.30 looks most likely. (EURUSD - 1.3226).
GBPUSD is currently trading at 1.5249 levels. Near term imports are already covered for clients (refer our previous reports) around 67- 68 levels. The bias is bearish further down. Exporters for May can cover atleast 50—60% at 1.54-1.55 levels i.e 68.30-68.60 levels. Breaking of 1.5300 levels would push the pair to 1.5150 levels. Weekly charts are showing downward correction. Bearish below 1.5600 levels. (GBPUSD 1.5249).
USDJPY is currently trading 93.94 levels. Yen is taking strong resistance near 94.30 breaking which we could target 97-98 levels. Weekly close above 92 levels has increased chances for a bearish move for the yen currency. Importers hold for medium term covers. (USDJPY- 93.94). Long Term (3-6 months) Target 98 and higher. WE JUST NEED A CONSISTENT BREAK OF 94.30 TO MAKE THIS HAPPEN.
AUDUSD is currently trading at 0.9248 levels. Importers cover on dips. Exporters in Aud may start booking from 0.9350 onwards partially. Since the Australian currency is overall hawkish and Gold is holding above $1135 dollars we would stay away from shorts. Buying on dips is recommended. (AUDUSD - 0.9248). Bullish.
Gold is currently trading at $1177 levels and its bias is clearly on the upside. Buy on dips remains is the strategy. (Gold- $1177) Bullish.
The dollar index is currently trading at 82.23 levels. Strong support comes near 80 levels (21 days Weekly EMA) Dollar index above 80 levels. (Dollar Index- 82.23) Bullish

Daily Forex Technicals |   Written by FXtechtrade
EUR/USD
Today's support: - 1.3180, 1.3159, 1.3131 and 1.3084(main), where correction is possible. Break would give 1.3076, where correction also may be. Then follows 1.3053. Break of the latter would result in 1.3028. If a strong impulse, we would see 1.3011. Continuation will give 1.2988.
Today's resistance: - 1.3262, 1.3288 and 1.3324 (main). Break would give 1.3341, where a correction is possible. Then goes 1.3368. Break of the latter would result in 1.3393. If a strong impulse, we'd see 1.3413. Continuation will give 1.3440 and 1.3465.
USD/JPY
Today's support: - 93.54, 93.12 and 92.70(main). Break would bring 92.46, where correction is possible. Then 92.14, where a correction may also happen. Break of the latter will give 91.63. If a strong impulse, we would see 91.46. Continuation would give 91.14 and 90.91.
Today's resistance: - 94.57(main), where a correction may happen. Break would bring 94.72, where also a correction may be. Then 94.96. If a strong impulse, we would see 95.16. Continuation will give 95.41.
DOW JONES INDEX
Today's support: - 10957.50 and 10923.80(main), where a delay and correction may happen. Break of the latter will give 10911.40, where correction also can be. Then follows 10888.12. Be there a strong impulse, we shall see 10853.22. Continuation will bring 10826.40 and 10807.26.
Today's resistance: - 11070.23, 11137.40, 11187.11 and 11208.72(main), where a delay and correction may happen. Break would bring 11240.76, where a correction may happen. Then follows 11265.33, where a delay and correction could also be. Be there a strong impulse, we'd see 11290.37. Continuation would bring 11323.12 and 11342.86.

Sell in May, Go Away? Yes, Says Senior Analyst
Advocating the old Wall Street saying, "sell in May and then go away," a analyst said there are "dark clouds ahead" in the markets.
http://www.cnbc.com/id/36873794

Week Ahead: Stocks May Struggle to Stay on a Positive Wave
The challenge for markets in the week ahead will be whether to ride a wave of better economic and earnings news or give in to a growing list of worries.
http://www.cnbc.com/id/36881040

Oil May Gain This Week, Traders Monitor Gulf of Mexico Oil
Benchmark oil prices may gain this week despite pressure from the escalating sovereign debt crisis in the Eurozone, which may prompt investors to flee risk assets including commodities and find a refuge instead in the relative safety of the U.S. dollar.
http://www.cnbc.com/id/36909165

Buy Gold to Defend Against Greece?
Cramer doesn’t think that Europe’s debt woes are a reason to sell North American stocks, but the ailing countries of Greece, Spain and Portugal may warrant a look at the gold miners.
http://www.cnbc.com/id/36849841

China May ‘Crash’ in Next 9 to 12 Months, Faber Says (Update3)
(Bloomberg) -- Investor Marc Faber said China’s economy will slow and possibly “crash” within a year as declines in stock and commodity prices signal the nation’s property bubble is set to burst.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aMbfBKW.uKn4

Cocoa Prices to Gain This Week, Advance Toward $3,400, ANZ Says
Bloomberg) -- Cocoa prices in New York, at a three- month high, may rally toward $3,400 a metric ton this week, according to Australia & New Zealand Banking Group Ltd.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=art_VOm4vjuc

Rekomendasi Top 28 Stocks: Welcome JCI 3000+ Next Week?

IHSG telah breakout trendline resist 2924 dan ditutup di atas 2.954, dengan buying power yg moderat yang cukup kuat alasan bahwa koreksi abc dalam 2/5) telah berakhir, meski indeks masih menunjukkan pola wash & rinse bullish dan ascending triangle, (sesuai dengan E.W DJIA di 5/5), berpeluang breakout resist  2926, untuk target 2987/3042. Trend berbalik bearish jika indeks ditutup dibawah 2916. dapat picu aksi profit lebih lanjut. Buy on weakness sesi 1: doid, raja, lsip, inco, asii, ptba, tmpi, asri, bumi, itmg, ggrm, idkm, bksl, dgik, kija, elsa, dild, auto, admf, myor, hexa, davo, cpro, bmtr, medc, adro, bmri, agro, bbtn, indf.  Closed Hold Buy break 2.928 target 2.987 stop 2968, buy 2.927-2930 target 2.986 stop dibwh 2916.  Risk 3.5%, Reward >10%. Track Record IHSG: 16 Recommendations (15 profits: 1 loss) = (+20p+45p+73p+53+60p+45p+63p+0p+27p+50p-20p+13p+40p+45p). P = Point. Disclaimer on.