Friday, June 11, 2010

Elliott Wave International: Wave Principle: Complexity and Usefulness

Elliott wave patterns market charts reflect the natural way of progress and regressFor someone exploring the Elliott Wave Principle for the first time, researching the subject may yield comments about complexity.Wave Principle: Complexity and Usefulness
http://www.elliottwave.com/freeupdates/archives/2010/06/10/Wave-Principle-Complexity-and-Usefulness.aspx

A Two-Bar Pattern that Points to Trade Setups
Some people like to get outside on the weekends, maybe playing tennis or working in the yard. Some people like to visit their friends or cook a big meal or go out to see a movie.
http://www.elliottwave.com/freeupdates/archives/2010/06/09/A-Two-Bar-Pattern-that-Points-to-Trade-Setups.aspx


Trading Big: Ever a Good Time?
For experienced and aggressive market speculators, opportunities do exist.
Trading in financial markets without adequate knowledge is almost a guarantee of losing money. Nearly 90% of all market speculators go broke, according to broker statistics. But for traders who are experienced, knowledgeable and aggressive -- is there ever a time to go for a "home run"?
http://www.elliottwave.com/freeupdates/archives/2010/06/09/Trading-Big-Ever-a-Good-Time.aspx

Strong Breadth, Strong Momentum, Strong Market?
These charts show how technical signs of strength often occur at tops
Here's something I bet you never thought you'd hear from a company that prides itself on being the world's largest market forecasting firm: Taken in isolation, traditional technical indicators can bite you in the [place where the sun don't shine].
http://www.elliottwave.com/freeupdates/archives/2010/06/09/Strong-Breadth-Strong-Momentum-Strong-Market.aspx

Update Daily Investment News

Indeks Harga Saham Gabungan (IHSG)  Jumat (11/6) ditutup naik 31,11 poin (1,12%) ke level 2.801,9 seiring bursa global dan Asia yang menguat. Pergerakan indeks diwarnai dengan 137 saham naik, 67 saham masih mengalami pelemahan dan 66 saham tercatat stagnan. Volume perdagangan sebanyak 3,1 miliar saham senilai Rp2,6 triliun. Indeks saham JII naik 4,9 poin ke 444,48 dan indeks saham LQ45 juga naik 6,5 poin ke 540,75. Adapun saham-saham yang naik adalah Gudang Garam (GGRM) naik Rp1.400 ke Rp33.700, United Tractors (UNTR) naik Rp650 ke Rp18.350, Astra Otoparts (AUTO) naik Rp500 ke Rp13.850, Indospring (INDS) naik Rp375 ke Rp2.975, Nipress (NIPS) naik Rp350 ke Rp2.200, HM sampoerna (HMSP) naik Rp300 ke Rp15.500, Semen Gresik (SMGR) naik Rp300 ke Rp8.600.

Obligasi Eropa Aman, Pasar Finansial Terdongkrak
Berbagai sentimen positif dari AS dan Eropa berhasil mendongkrak indeks akhir pekan. Komitmen ECB atas pembelian obligasi pemerintah Uni Eropa menjadi salah satu pemicu.

Matahari Bayar Dividen Final Rp16/Saham 23 Juni
PT Matahari Putra Prima Tbk (MPPA) akan membayarkan dividen final sebesar Rp16 per saham pada 23 Juni 2010.

Telkom Bagi Dividen Rp261,419/Saham
Hasil RUPST PT Telekomunikasi Indonesia Tbk (TLKM) memutuskan pembagian dividen 2009 sebesar 50% dari laba bersih 2009 Rp11,32 triliun atau Rp261,419/lembar saham.

UNTR Beli 60% Saham Agung Bara Prima
PT United Tractors Tbk (UNTR) telah menandatangani Conditional Sale and Purchase Agreement pembelian 60% saham PT Agung Bara Prima (ABP).

Pada sesi siang perdagangan akhir pekan ini, indeks berhasil menghijau. Saham-saham unggulan rebound, dipimpin sektor konsumsi dan aneka industri. Pada perdagangan Jumat (11/6) sesi siang, IHSG ditutup menguat 39,77 poin (1,44%) ke level 2.810,56. Indeks saham unggulan LQ45 juga turun 8,82000 poin (1,65%) ke level 542,99. Kenaikan indeks kurang mendapat dukungan dari besarnya volume transaksi yang tercatat hanya mencapai 1,801 miliar lembar saham, senilai Rp1,315 triliun dan frekuensi 41.187 kali. Sebanyak 139 saham menguat, sedangkan hanya 48 saham melemah dan 52 saham stagnan. Semua sektor menopang penguatan indeks. Sektor konsumsi memimpin penguatan 1,97%, aneka industri 1,92%, manufaktur 1,74%, perdagangan 1,73%, keuangan 1,47%, infrasturktur 1,33%, industri dasar 1,19%, perkebunan 1,12%, properti 0,96%, dan pertambangan 0,83%. Asing mencatatkan transaksi beli bersih (foreign net buy) sebesar Rp273 miliar. Dimana nilai transaksi beli mendominasi sebesar Rp591 miliar, sedangkan nilai transaksi jual asing hanya Rp317 miliar.

'Go Private' AQUA Temui Titik Terang
Langkah PT Aqua Golden Mississipi Tbk (AQUA) untuk go private atau menjadi perusahaan tertutup menemui titik terang.

AQUA Bagi Dividen Rp1.800 Per Saham
Hasil Rapat Umum Pemegang Saham Tahunan (RUPST) PT Aqua Golden Mississippi Tbk (AQUA) memutuskan membagikan dividen Rp1.800 per lembar saham.

RUPS Telkom tak Agendakan Pergantian Direksi
Menneg BUMN memastikan agenda RUPS PT Telkom Tbk yang rencananya dilakukan sore ini tidak mengagendakan pergantian direksi.

Saham Perbankan Sulit Terkoreksi Hingga Akhir Tahun
Saham perbankan termasuk sektor yang mendapat rekomendasi analis untuk diakumulasi. Fundamental yang kokoh menjadikan sektor ini sulit terkoreksi hingga akhir tahun.

Menneg BUMN: Dividen Telkom Tetap 50%
Kementerian Badan Usaha Milik Negara (BUMN) kemungkinan tetap mematok dividen bagi PT Telkom sebesar 55%, walaupun ada usulan 50%.

Anak usaha PT Delta Dunia Makmur Tbk (DOID) PT Bukit Makmur Mandiri Utama (BUMA) mencatatkan kenaikan volume produksi batubara sebesar 5% dari 12,8 juta ton menjadi 13,4 juta ton hingga Mei 2010.

Di PRJ ke-43 yang berlangsung 10 Juni hingga 11 Juli 2010, Fren sebagai produk layanan komunikasi milik PT Mobile-8 Telecom Tbk (Mobile-8) menargetkan 20.000 pelanggan baru.

PT Delta Dunia Makmur Tbk (DOID) akan menjual aset properti berupa apartemen dan tanah yang diharapkan selesai 2010.

PT Benaket Petroleum Energy Tbk (BIPI) selaku pemegang saham terbesar kedua PT Elnusa Tbk (ELSA) dan PT Tridaya Esta (TDE) sebagai pemilik 12,55% saham ELSA tetap berkeinginan untuk meneruskan penyelesaian transaksi ELSA.

Dikabarkan salah satu pemegang saham PT Eterindo Wahanatama Tbk (ETWA) asal Singapura akan menaikkan kepemilikan saham di perseroan. Hal tersebut memicu harga saham ETWA naik ke level Rp300-Rp500. Perseroan juga mendapatkan suntikan dana dari Waterworld Inc untuk pengembangan bahan bakar nabati yang berasal dari perkebunan milik perseroan. Eterindo ingin menjadi produsen etanol terbesar di Indonesia.

Harga saham PT Citatah Tbk (CTTH) dikabarkan akan naik ke level Rp100-Rp150 dalam waktu dekat. Dikabarkan salah satu perusahaan di Asia akan menyuntikkan dana ke CTTH sebesar US$20 juta atau sekitar Rp184 miliar. Hal tersebut merupakan salah satu bentuk kesepakatan antara investor tersebut dan Citatah dalam ekspansi usaha di sektor batubara di Kalimantan dan Sumatra.

Corporate news
ASII: Jajaki Beli 47% Saham ASF Milik General Electric
PT Astra Internasional Tbk (ASII) sedang dalam proses membeli 47% saham PT Astra Sedaya Finance (ASF) yang dimiliki General Electric Capital Corporation.
BMRI: Mandiri incar kredit baru konsumer Rp6,5 triliun
BNII: BII tingkatkan kerja sama dengan 35 mitra bisnis
MASA: Dapat Pinjaman US$ 185 Juta
BTEL: Telkom Pembeli Siaga Right Issue Bakrie Telecom
BNGA: CIMB Niaga Tawarkan Yield 10%-11%
BIPI: Segera Tuntaskan Akusisi Elnusa
PT Benakat Petroleum Energy Tbk (BIPI) dalam waktu dekat merampungkan pembelian 12,55% saham PT Tridaya Esta di PT Elnusa Tbk (ELSA) senilai Rp302,5 miliar. Perseroan telah menyiapkan dana untuk menyelesaikan transaksi pembelian saham tersebut.
TOWR: Lepas 10% Saham
PT Sarana Menara Nusantara Tbk (TOWR) segera melepas 10% saham baru tanpa hak memesan efek terlebih dahulu (non-HMETD). Unit usaha Grup Djarum tersebut menargetkan perolehan dana Rp215,99 miliar. Sarana Menara akan melepas 102,02 juta saham dengan harga Rp2.117 per unit.
JPFA: Investasi US$50 Juta
PT Japfa Comfeed Indonesia Tbk (JPFA) akan investasi US$50 juta atau sekitar Rp465 miliar pada 2010. Dana sebesar US$25 juta akan dialokasikan anak usahanya, PT Multibreeder Adirama Indonesia Tbk (MBAI). (Investor/nlt)
META: Harga Saham Baru Nusantara Diskon 20%
Operator jalan tol PT Nusantara Infrastructure Tbk (META) berencana menerbitkan saham baru (rights issue) dengan HMETD 8,5 miliar saham pada harga Rp 88 per lembar atau senilai Rp 748,7 miliar. Dengan harga Rp 110 per lembar pada penutupan Rabu 9 Juni, atau sehari sebelum pengumuman perseroan, harga saham baru yang ditawarkan itu diskon 20%.
MRAT: Jadwal Pembagian Dividen
PT Mustika Ratu Tbk (MRAT) akan membagikan dividen tunai sebesar 20% dari jumlah laba bersih yang diperoleh pada tahun buku yang berakhir pada 31 Desember 2009 atau sebesar Rp 9,82 per saham, dengan jadwal sebagai berikut: cum dividen di pasar reguler dan negosiasi: 1 Juli 2010 ex dividen di pasar reguler dan negosiasi: 2 Juli 2010 cum dividen di pasar tunai: 6 Juli 2010 ex dividen di pasar tunai: 7 Juli 2010 recording date: 6 Juli 2010 payment date: 20 Juli 2010.
JSMR: BPJT Bentuk 4 Tim Evaluasi 24 Ruas Tol
BSDE: BSD Targetkan Penjualan Rumah Rp1,5 Triliun.

Laba bersih PT Bumi Serpong Damai Tbk (BSDE) yang diperkirakan naik 11%-21% pada 2010-2012 memberikan sentimen positif untuk harga saham BSDE.

PT Intiland Developement Tbk (DILD) berencana tidak membagikan dividen untuk Tutup Tahun 2009. Laba bersih 2009 sekitar Rp25,61 miliar akan digunakan sebagai dana cadangan.

Anak usaha PT Delta Dunia Makmur Tbk (Delta), PT Bukit Makmur Mandiri Utama (BUMA) telah menandatangani kontrak jasa pertambangan dengan PT Darma Henwa Tbk (DEWA) pada tanggal 10 Juni 2010.

Akuisisi PT Barito Pacifik Tbk (BRPT) yang dilakukan terhadap PT Royal Indo Mandiri (RIM) telah efektif per 9 Juni 2010.

Harga saham perdana PT Nippon Indosari Corpindo Tbk sekitar Rp1.275 per lembar saham, namun masih mungkin berubah.

  Alfa Jajaki Bisnis Jasa Pengiriman Uang
Alfa menyiapkan duit Rp 800 miliar bagi pengembangan bisnis baru itu.

  Euro Melemah Tipis terhadap Dollar AS
Nilai tukar euro sempat menguat sebesar 1,2148 per dollar Amerika Serikat. Ini merupakan angka tertinggi selama sepekan terakhir.

Asian Stocks Rise to One-Week High on Recovery; Bond Risk Falls
(Bloomberg) -- Asian stocks rose to a one-week high on an increased estimate of technology spending and a gauge of bond risk declined after the European Central Bank said it will extend measures to battle the region’s debt crisis.
http://www.bloomberg.com/apps/news?pid=20601087&sid=aHZKo7PvJzzg&pos=1

Philippine Stocks Show ‘Bearish Divergence’: Technical Analysis
(Bloomberg) -- Philippine stocks may extend a decline from last week’s 28-month high as a “bearish divergence” formation on a chart shows the market is losing momentum, according to Banco de Oro Unibank Inc.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aV7zRB_Verg0

Dollar May Advance to 92 Yen on ‘Triangle’: Technical Analysis
(Bloomberg) -- The dollar may break out of a “triangle” against the Japanese currency and advance to 92 yen, according to Bank of Tokyo-Mitsubishi UFJ Ltd.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aG5Ac6lP8duE

Nickel May Fall Almost 29%, Stellakis Says: Technical Analysis
(Bloomberg) -- Nickel may drop to $13,600 a metric ton, implying a 29 percent slide from current prices, after falling through a trend line, according to technical analysis by independent analyst Jim Stellakis.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aN3JMVolBGC4

Hong Kong’s Hang Seng Index May Extend Drop: Technical Analysis
(Bloomberg) -- Hong Kong’s Hang Seng Index may fall 6.3 percent, extending its slump from its November peak, as technical analysis signals further weakness, according to MF Global Holdings Ltd.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aI8Vz1a9mkv8

Treasury Rally Near Extremes in Sentiment: Technical Analysis
(Bloomberg) -- The Treasury rally is approaching extremes in sentiment, signaling investors should see further advances as selling opportunities, according to Royal Bank of Scotland Group Plc, citing technical indicators.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=agqT9TqyY7.8

Debt Spreading 'Like a Cancer': Black Swan
The economic situation today is drastically worse than a couple years ago, and the euro is doomed as a concept, Nassim Taleb, professor and author of the bestselling book "The Black Swan," told CNBC on Thursday.
http://www.cnbc.com/id/37610064

Financial Crisis Has “Only Entered Act II:” Soros
The financial crisis is far from over, and regulators need to crack down on investors' tendency to misuse derivatives, global financier George Soros said at a conference in Vienna.
http://www.cnbc.com/id/37611313

Now May Be the Time to Buy the Euro: Jim Rogers
Everybody is so bearish about the euro that it looks like now is a good time to buy the single European currency, famous investor Jim Rogers told CNBC Thursday.
http://www.cnbc.com/id/37593203

NYSE Says Circuit Breaker Will Be Finished Next Week
According to the NYSE, the single-stock circuit breaker rollout will be completed by Wednesday. At that time, the new circuit breaker rules will have been applied to each of the 404 NYSE-listed S&P 500 stocks.
http://www.cnbc.com/id/37626222

Corporate Cash Hoard At Record High, May Save Market
Beyond the money
CEOs across the country have one thing to say about the threat of a double-dip recession: “Bring it on.”
http://www.cnbc.com/id/37620120

China Inflation Picks Up but Not All See Tighter Policy
Chinese inflation quickened to a 19-month high in May, but a moderation of growth in factory production and capital spending could further ease worries that the world's third-largest economy runs the risk of boiling over.
http://www.cnbc.com/id/37629716

Pro Trader: Goldman Up Friday Or S&P Goes Down
The bulls may be down but they’re sure not out. The Dow [.DJIA  10172.53    273.28  (+2.76%)   ] closed with a triple digit advance on Thursday and all but four stocks in the S&P 500 [.SPX  1086.84    31.15  (+2.95%)   ] finished the day higher.
http://www.cnbc.com/id/37605665

Daily Forex Technicals |   Written by FXtechtrade
EUR/USD
Today's support: - 1.2057, 1.2013, 1.1993 and 1.1945(main), where correction is possible. Break would give 1.1923, where correction also may be. Then follows 1.1891. Break of the latter would result in 1.1867. If a strong impulse, we would see 1.1833. Continuation will give 1.1812.
Today's resistance: - 1.2146(main). Break would give 1.2182, where a correction is possible. Then goes 1.2207. Break of the latter would result in 1.2229. If a strong impulse, we'd see 1.2251. Continuation will give 1.2277.
USD/JPY
Today's support: - 90.64, 90.38 and 90.08(main). Break would bring 89.75, where correction is possible. Then 89.31, where a correction may also happen. Break of the latter will give 89.10. If a strong impulse, we would see 88.76. Continuation would give 88.23.
Today's resistance: - 91.85, 92.03, 91.28 and 92.70(main), where a correction may happen. Break would bring 92.82, where also a correction may be. Then 92.98. If a strong impulse, we would see 93.17. Continuation will give 93.34.
DOW JONES INDEX
Today's support: - 10110.94 and 10067.33(main), where a delay and correction may happen. Break of the latter will give 10042.62, where correction also can be. Then follows 10024.70. Be there a strong impulse, we shall see 9990.12. Continuation will bring 9964.68 and 9943.20.
Today's resistance: - 10198.11, 10237.50 and 10262.82(main), where a delay and correction may happen. Break would bring 10305.07, where a correction may happen. Then follows 10324.50, where a delay and correction could also be. Be there a strong impulse, we'd see 10362.23. Continuation would bring 10405.20 and 10437.38

Goldman Cuts Euro Forecast to $1.15 on Policy Risk (Update2)
(Bloomberg) -- Goldman Sachs Group Inc. reversed a forecast for the euro to rise, saying it will fall to a seven- year low of $1.15 as the concerns about sovereign debt and political uncertainty spur investors to sell the currency. http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aASUYN_8lU58

Trading Reference: Trading Buy ANTM/ASII/ASIA/PGAS/PKPK/TMPI (Stop loss below support)

ASII
ANTM
 ASIA
TMPI
PKPK
PGAS

Trading Strategies IHSG & DJIA 1106

IHSG diperkirakan akan mengalami penguatan, berkat sentimen positif dari penurunan jobless claims AS pekan lalu, diikuti sentimen dari regional seperti kenaikan ekspor China dan Korea Selatan, kenaikan employment di Australia, dimana sebelumnya Fed Bernanke optimis pemulihan ekonomi AS pada jalurnya da Fed Beige Book memperlihatkan utuhnya pemulihan ekonomi AS, di tengah meredanya kekhawatiran terhadap kasus minyak BP. Kenaikan sejumlah harga komoditas global (kecuali emas) dan saham perbankan di AS, dapat menopang kinerja IHSG untuk berada di atas 2.800 hari ini. Meski volume diperkirakan masih tetap rendah berkat "Ariel Effect" & menjelang World Cup 2010 di akhir pekan ini.  Kondisi teknikal juga masih mendukung potensi kenaikan IHSG.

IHSG
Hold Sell 2.770 target 2.700 stop 2.770.  Sell 2.800 & 2.825 target 2.700 stop 30p. Sell breakout 2.695 target 2.640 stop 30p. Buy breakout 2.850 target 2.910 stop 20p.  Sell breakout 2.695 target 2.640 stop 30p.

Track Record IHSG (since end of March 2010) : 37 Recommendations (29 profits: 2 break even: 6 loss) = (+20p+45p+73p+53+60p+45p+63p+0p+27p+50p-20p+13p+40p+45p+40p+29p-30p-154p-75p+80p+26p+0p+28p+80p+62p+53p+20p+0p+70p+99p+135p-20p-30p+50p+60p+100p). Total : Net +1296 points = Average 35.02 point.

DJIA:
Hold Buy 9.975 target 10.150 = Profit +175 points. Hold Sell 10.150 stop 50p target 9.950. Buy 10.000 target 10.190 stop 35p. Sell break 9.940 target 9.780 stop 30p. Sell 10.280/10.300 target 10.050 stop diatas 10.320. 

Track record 26 Trades: (-65p-30p+370p + 280p+190p-30p+230p-30p+120p+200p-40p+280p+198p+205p+110p-30p+70p+200p+150p-50p-30p-30p-30p+145p-50p-30p+175p). Total Net +2548 points = Average +98 points/trade.

Thursday, June 10, 2010

Trading Strategist: ihsg/djia/nikkei/hang seng/kosp!

IHSG: Strong area di area 2.805-2.826, weak support di kisaran 2.715/2.740. Bergerak fluktuatif. Sell 2.825 target 2.725 stop diatas 2.850.
DJIA Strong area resistance di 10.190-10.230 sebagai area Sell stop loss diatas 10.270, support berada di 10.090-10.050 sebagai area Buy. 
Nikkei Futures Juni: Sell area di 9.780/9.800 target 9.500 stop diatas 9.860. Sell 9.980/10.000 stop diatas 10.020. Buy breakout 10.030 stop loss 50p target 10.260.
Hang Seng Futures Juni: Buy area 19.430-19.510 target 19.830 stop dibawah 19.390. Sell 19.830/19850. Buy breakout 19.910 target 20.300 stop loss dibawah 19.750.
Kospi Futures Juni: buy area 214.00 & buy breakout 217 target 219.00, stop loss dibawah 213. Buy breakout 219.30 target 225 stop loss dibawag 218.50.

Update Daily Investment News

PT Bank CIMB Niaga Tbk mengakui CIMB Group tengah melakukan uji tuntas untuk melangsungkan Initial Public Offering atau IPO di Bursa Efek Indonesia (BEI). 
 
PT Molindo Raya Industrial Tbk melakukan penawaran umum saham perdana dengan harga kisaran Rp450-Rp750 per saham.
 
Indeks Harga Saham Gabungan (IHSG)  Kamis (10/6) sesi I ditutup turun 4,58 poin (0,16%) ke level 2.781,22 meskipun bursa Asia menguat. Pergerakan indeks diwarnai dengan 82 saham turun, 78 saham masih mengalami kenaikan dan 69 saham tercatat stagnan. Volume perdagangan sebanyak 1,8 miliar saham senilai Rp943,2 miliar. Indeks saham JII naik 1,4 poin ke 441,1 dan indeks saham LQ45 juga turun 0,1 poin ke 536,73. Adapun saham-saham yang naik adalah Gudang Garam (GGRM) naik Rp500 ke Rp32.200, Astra Otoparts (AUTO) naik Rp250 ke Rp13.200, Unilever Indonesia (UNVR) naik Rp200 ke Rp16.300, Bank Tabungan Pensiunan Nasional (BTPN) naik Rp200 ke Rp7.600, Indo Tambangraya Megah (ITMG) naik Rp150 ke Rp35.050. Sementara itu, saham-saham yang turun adalah Multi Bintang Indonesia (MLBI) turun Rp1.000 ke Rp169.000, United Tractors (UNTR) turun Rp200 ke Rp17.800, Astra Agro Lestari (AALI) turun Rp200 ke Rp20.100, Bank Mandiri (BMRI) turun Rp150 ke Rp5.300, Bank Central Asia (BBCA) turun Rp100 ke Rp5.500.

Prospek Saham MPPA Usai Lepas LPPF
Penjualan PT Matahari Departement Store (LPPF) telah rampung. Selain menurunkan saldo utang dan memperkuat neraca, bagaimana prospek saham PT Matahari Putra Prima (MPPA)?

CIMB Niaga Tawarkan Bunga Obligasi Subordinasi 10,5-11,5%
PT Bank CIMB Niaga Tbk menawarkan bunga Obligasi Subordinasi I Tahun 2010 dengan kisaran 10,5-11,5%.

META Rights Issue 8,5 Miliar Saham
PT Nusantara Infrastructure Tbk (META) akan melakukan penawaran umum terbatas I sebanyak-banyaknya 8,508 miliar saham seri B.

PT Nusantara Infrastructure Tbk (META) berencana menerbitkan saham baru dengan hak memesan efek terlebih dahulu (HMETD) alias rights issue sebanyak 8,508 miliar saham senilai Rp 748,704 miliar. Dananya akan digunakan untuk akuisisi, pelunasan utang dan modal kerja.

Menneg BUMN: Seleksi Dirut Telkom Selesai Hari Ini
Tim Penilai Akhir (TPA) saat ini tengah menyeleksi jajaran direksi dari tiga Badan Usaha Milik Negara (BUMN).

Menneg BUMN Restui Merjer Flexi dan Esia
Kementerian BUMN merestui penggabungan (merger) dua perusahaan jasa layanan telekomunikasi berbasis CDMA ternama Esia dan Flexi.

IKAI Alihkan MCB dari Best Achieve ke Delnica
PT Intikeramik Alamasri Industri Tbk (IKAI) mengalihkan Tranche 4 Mandatory Covertible Bonds (MCB) sebesar Rp34 miliar.

Wall Street Tenggelam, Bursa Asia Dibuka Naik
Bursa saham Asia lebih dibuka lebih tinggi pada perdagangan Kamis (10/6), menentang kerugian di Wall Street.

Fitch Rating Beri Utang Jangka Panjang Radiant 'BBB'
Fitch Rating menegaskan utang nasional jangka panjang PT Radiant Utama Interinsco Tbk pada BBB. Outlook adalah stabil.

Indeks Harga Saham Gabungan (IHSG) pada perdagangan Kamis (10/6) pagi melemah 0,36 poin atau turun 0,01% ke level 2.785,43.

PT Intiland Developement Tbk (DILD) berencana melakukan pemecahan nilai nominal saham alias stock split 1:2 dalam waktu dekat ini.

APOL Bayar Kupon Obligasi, Rating Tetap
Fitch Ratings mengatakan peringkat APOL tidak terpengaruh setelah pembayaran kupon terjawab pada obligasi rupiah menjelang berakhirnya masa tenggang pada 2 Juni 2010.

Fitch Rating: Merjer Flexi & Esia Untungkan Industri Telekomunikasi
PT Fitch Rating menilai ada potensi konsolidasi PT Telekomunikasi Indonesia Tbk (TLKM)dan PT Bakrie Telecom Tbk (BTEL) dapat bermanfaat.

Dividen BP buat Wall Street Kembali Terpuruk
Pasar saham AS kembali terpuruk, dipicu kekawatiran bahwa anggaran dividen BP akan terpakai untuk menyelesaikan tumpahan minyak di Teluk Mexico.

Para pemodal domestik dan mancanegara tengah memburu saham PT Intiland Development Tbk (DILD) seiring dengan rencana pemecahan nilai saham alias stock split. Rencananya, perseroan kan stock split 1:2 sehingga harga saha mDILD berpotensi menembus Rp1.600-1.800. Selain itu, perseroan pun akan mencapatkan pasokan lahan seluas 1.500 hektar sehingga cadangan lahan perseroan bertambah menjadi 2.400 hektar.

PT Mitra Investindo Tbk (MITI) kabarnya sedang diminati asing seiring dengan keberhasilan perseroan meraih pesanan batu granit dari Asia dan Eropa. Rumor ini beredar menyebutkn, investor strategis masuk ke perseroan melalui mekanisme private placement saham mayoritas dengan penawaran umum harga premium. Untuk para bandar akan menggerakkan saham MITI menuju Rp150-200.

PT Bayan Resources Tbk (BYAN) akan membangun empat pabrik coal upgrading. Saat ini, satu pabrik coal upgrading sudah dibangun dengan kapasitas 1 juta MT per tahun.

PT Bumi Serpong Damai Tbk (BSDE) membatalkan niat untuk melakukan pelaksanaan penerbitan saham tanpa Hak Memesan Efek Terlebih Dahulu (HMETD) sekitar 10%.

Rupiah Naik Tipis, Susul Indeks Saham
Rupiah berhasil terapresiasi pada perdagangan kali ini. Kenaikan indeks saham dan penguatan mata uang lain terhadap dolar AS menjadi katalisnya.

Penjualan BSDE Mei 2010 Capai Rp700-800 Miliar
PT Bumi Serpong Damai Tbk (BSDE) telah memperoleh penjualan sekitar Rp700 miliar-Rp800 miliar dari penjualan perumahan hingga Mei 2010.

Telkom: 'Spin Off' Flexi Dilakukan Dalam Kondisi Tertentu
Spin off Felxi hanya akan dilakukan jika proses konsolidasi yang akan dilakukan nanti memerlukan kondisi tersebut.

ASIA Akui Jalin Kerjasama dengan Perusahaan Batubara Terbesar
PT Asia Natural Resources Tbk (ASIA) mengakui akan melakukan kerjasama dengan salah satu potensial mitra kerja di bidang pertambangan batubara.

Menneg BUMN Setuju Merjer Flexi-Esia Ada Nilai Tambah
Kemenneg BUMN mengisyaratkan penggabungan Flexi dan Esia harus ada nilai tambah bagi PT Perusahaan Telekomunikasi Tbk (TLKM/Telkom).

ADHI: Bagi Dividen Rp 28,25 per Saham
SMAR: Bagi Dividen Final Rp 75 per Saham
BSDE: Bagikan Dividen Rp6 Per Saham
AUTO: TAM incar 64% pasar di segmen medium sedan
MEDC: Berencana terbitkan MTN dolar AS
BYAN: Incar 4 KP Baru Tahun Ini
PT Bayan Resources Tbk (BYAN) tengah mengincar empat Kuasa Pertambangan (KP) baru.
TLKM: Pemerintah Minta Telkom Setor Rp 6,21 Triliun
Kementerian Badan Usaha Milik Negara (BUMN) berencana menarik setoran dividen dari PT Telkom (Persero) Tbk (TLKM) maksimal 55 persen dari laba bersih tahun 2009. Total dividen yang bakal disetor sebesar Rp 6,215 triliun. Demikian hal itu dikemukakan oleh Menteri BUMN Mustafa Abubakar.
SMSM: Terbitkan Bond Rp300 Miliar
MRAT: Bagi Dividen Rp9,82 Per Saham
ASIA: Kelola Tambang Batubara
MNCN: Mediasi Gagal, Tutut Lanjut Gugat Hary Tanoe
BUMI: Utang Berkurang Jadi US$5,4 Miliar
PT Bumi Resources Tbk (BUMI) segera membayar utang sebesar US$495,89 juta dengan menerbitkan 10% saham baru. Aksi korporasi itu bakal mengurangi total utang perseroan dari US$5,92 miliar menjadi US$5,44 miliar. Bumi akan menerbitkan 1,94 miliar saham baru tanpa hak memesan efek terlebih dahulu paling lambat 30 Juli 2010.
KIJA: Jababeka Luncurkan Dryport Rp 100 Miliar.

Corporate Actions
    * Hari ini (10/6), cum dividen Asia Kapitalindo Securities Tbk (AKSI) Rp 3 per saham Ex date (11 Jun 2010)
    * Hari ini (10/6), cum dividen Bank Tabungan Negara (Persero) Tbk (BBTN) Rp 15, 09397 per saham Ex date (11 Jun 2010)\


Sumber: inilah.com, kontan, detikfinance.com (market flash)

S&P 500’s New Low Signals ‘Bleaker’ Outlook: Technical Analysis
(Bloomberg) -- The Standard & Poor’s 500 Index may extend its decline another 11 percent after breaking its February low, according to Execution Noble LLC.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=ayrqnSKFNlz0

Canada’s Dollar Nears Resistance at $1.0327: Technical Analysis
(Bloomberg) -- Canada’s dollar approached a key level of $1.0327, a breach of which would signal it is changing course to a strengthening trend against the greenback, Royal Bank of Canada said, citing technical analysis.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=ahXNY5DFT_cA

U.S. 10-Year Yields May Lose Appeal at 3%: Technical Analysis
(Bloomberg) -- Treasury 10-year notes may lose appeal as yields decline toward 3 percent, Mitsubishi UFJ Trust & Banking Corp. said, citing trading patterns.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aglBK85pMRFc

Taiwan Dollar May Fall 1% on ‘Golden Cross’: Technical Analysis
(Bloomberg) -- Taiwan’s dollar may weaken 1 percent to its lowest level since September after the dollar’s short- term moving average crossed a longer-term line, a bearish signal for the island’s currency, according to Mitsubishi UFJ Morgan Stanley Securities Co.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a.UWwnq.9nlA

Goldman Cuts Asia Currency Forecasts on Euro, China Slowdown
Bloomberg) -- Goldman Sachs Group Inc. cut its three-month forecasts for Asian currencies, predicting more modest appreciation for South Korea’s won and Malaysia’s ringgit on declines in the euro and a slowing Chinese economy.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=awHN.2vflgmY

Goldman Cuts Euro Forecast to $1.15 on Policy Risk (Update2)
(Bloomberg) -- Goldman Sachs Group Inc. reversed a forecast for the euro to rise, saying it will fall to a seven- year low of $1.15 as the concerns about sovereign debt and political uncertainty spur investors to sell the currency.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aASUYN_8lU58

Kiwi May Stall Even If Central Bank Boosts Rate, UBS Says
(Bloomberg) -- New Zealand’s dollar may fail to rally even if the nation’s central bank increases borrowing costs, according to UBS AG.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=atjc98jGhHec

Thai Stocks Set for ‘Wave’ of Foreign Buying, Kasikorn Says
(Bloomberg) -- Thai stocks are set for a “wave for foreign buying” after a record monthly selloff in May as higher exports and government spending lure investors in the second half of 2010, the country’s biggest money manager said.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a97NPF.onC0U

Marc Faber Says Cash, Bonds Will Be ‘Very Dangerous’ (Update1)
(Bloomberg) -- Investor Marc Faber said cash and bonds will be “very dangerous” in the next 10 years as governments increase money supply to cover fiscal deficits.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aHpXqUGhFqv4

Market Would Jump 2,000 Points if Reform Bill Died: Forbes
Financial firms are still lobbying on Capitol Hill to weaken the proposed financial regulation bill. Steve Forbes, CEO of Forbes, Inc., gave his opinons.
http://www.cnbc.com/id/37593260

Next Week’s IPO to Watch
The timing could not be better, Cramer said Wednesday, for the Chicago Board Options Exchange to come public.
http://www.cnbc.com/id/37593896

Fast Money's Trader Icons
http://www.cnbc.com/id/37510862

Is China No Longer a Concern?
How much closer are we to a sustainable rally? We’re one-sixth of the way there, Cramer said during Wednesday’s Mad Money.
http://www.cnbc.com/id/37593889

Plenty of Positives; Why Can’t Bulls Get It Together?
The market had plenty of reasons to rally but the bulls just couldn’t keep it together and by the close the Dow surrendered a triple digit gain.At the open it sure looked positive for the bulls.
http://www.cnbc.com/id/37594015

Thursday: Jobless Claims in Focus as Spill Spooks Markets
BP's troubles have now spilled across the broader market, as investors move to price in worst-case scenarios for the petroleum giant and other companies involved in the Gulf of Mexico rig disaster.
http://www.cnbc.com/id/37604365

The Blog Prophet of Euro Zone Doom
For years, almost nobody paid attention to the sky-is-falling alarms of Edward Hugh, a gregarious British blogger and self-taught economist who repeatedly predicted that the euro zone could not survive.
http://www.cnbc.com/id/37591775

S&P Rebalancing Citi — Indexers Must Buy 292 Million Shares
Standard and Poor's is rebalancing Citi [C  3.87    0.15  (+4.03%)   ] at the close today (Wednesday), to account for additional shares the government sold to the public.
http://www.cnbc.com/id/37600111

Wall Street's Bearish 'Pain' Trade: 'Nobody' Owns Stocks
Global markets are up on: 1) a leaked report that Chinese exports grew 50 percent in May from a year earlier, much higher than the 32 percent gain expected (official numbers due out tomorrow); and 2) a successful 3 and 10 year bond auction in Portugal. Portugal sold 10-year bonds at a 5.23 percent yield. That's higher than the 4.52 yield they paid previously.
http://www.cnbc.com/id/37593851

Ultimate Contrarian Trade: Buy Euro
Contrarian traders are contemplating going long the euro, which has been the market’s punching bag for the last month and one of the most successful shorts for hedged funds since housing.
http://www.cnbc.com/id/37597709

Reduce Stock Holdings Immediately: Harris' Ablin
Harris Private Bank Chief Investment Officer Jack Ablin recommends that investors immediately reduce some of their stock market exposure.
http://www.cnbc.com/id/37576951

Daily Forex Technicals |   Written by FXtechtrade
EUR/USD
Today's support: - 1.1993 and 1.1945(main), where correction is possible. Break would give 1.1923, where correction also may be. Then follows 1.1891. Break of the latter would result in 1.1867. If a strong impulse, we would see 1.1833. Continuation will give 1.1812.
Today's resistance: - 1.2103, 1.2122 and 1.2146(main). Break would give 1.2182, where a correction is possible. Then goes 1.2207. Break of the latter would result in 1.2229. If a strong impulse, we'd see 1.2251. Continuation will give 1.2277.
USD/JPY
Today's support: - 90.64, 90.38 and 90.08(main). Break would bring 89.75, where correction is possible. Then 89.31, where a correction may also happen. Break of the latter will give 89.10. If a strong impulse, we would see 88.76. Continuation would give 88.23.
Today's resistance: - 91.85, 92.03, 91.28 and 92.70(main), where a correction may happen. Break would bring 92.82, where also a correction may be. Then 92.98. If a strong impulse, we would see 93.17. Continuation will give 93.34.
DOW JONES INDEX
Today's support: - 9807.00(main), where a delay and correction may happen. Break of the latter will give 9772.60, where correction also can be. Then follows 9737.80. Be there a strong impulse, we shall see 9705.30. Continuation will bring 9663.22 and 9633.28.
Today's resistance: - 9990.10, 10026.72 and 10082.20(main), where a delay and correction may happen. Break would bring 10119.37, where a correction may happen. Then follows 10155.13, where a delay and correction could also be. Be there a strong impulse, we'd see 10198.11. Continuation would bring 10237.50 and 10262.80.

Daily Forex Technicals |   Written by India Forex
The EURUSD is currently trading at 1.2040 and in a clear downtrend. It is in 3rd and the longest wave of elliottwave pattern targetting levels of 1.17. We had suggested exporters to cover at every rise and we still maintain that. (Only EURO/USD leg , we can wait for covering USD/INR leg) . Our previous bearish targets 1.20 and below had reached last Friday. (refer previous reports). We had advised exporters to cover at 1.30 levels for medium term (refer few days back update). Importers hold for covers. Bearish-target 1.18 & below . (EURUSD - 1.2040).
GBPUSD is currently trading at 1.4592 levels and entered a small correction mode after a fall below 1.4400.We maintain bearishness to a target of 1.4228 levels due to increased nervousness in Europe. We got some exporters covered few days back at 1.5050 levels (refer previous updates) .We are still bearish on the pair. Importers hold for covers.( Cover USD/INR leg) . Target 1.41 & below in medium term. (GBPUSD - 1.4592).Bearish.
USDJPY is currently trading at 91.20 levels. We have seen a an upmove due to increased risk appetite but still moving in a bearish bias. Target 90 again. Overall yen should remain rangebound till a decisive break.  (USDJPY 91.20) Neutral.
AUDUSD is currently trading at 0.8371 levels. Exporters got booked few days back at 0.9050 levels. Target of 0.8000 and below expected in medium term. Exporters cover at every rise in the pair. Bearish Still. (AUDUSD - 0.8371).
Gold is currently trading at $1231 levels and its bias is clearly on the upside. It has reached our target of 1240 levels against our buys at 1175-80 dollars 2-3 weeks back . Buying on dips remains the strategy.  (Gold- $1231) Bullish.
Dollar index's is reaching close to our target of 88-89 levels after a short term correction witnessed last week. The powerful impulsive move is in line with our view that rise from 74.19 is resuming the long term up trend from 70.70. Strong support comes near 84-85 levels . Dollar index is clearly bullish. Still room higher. (Dollar Index- 87.61) Overall Bullish.

Trading Strategies IHSG & DJIA 1006

IHSG masih diperdagangkan fluktuatif pada akhir pekan ini, karena imbangnya sentimen negatif dengan sentimen positif dari luar negeri, di tengah minimnya sentimen dari dalam negeri. Krisis di Eropa (diperburuk dengan penurunan rating hutang UK, Spanyol), lemahnya data payroll AS dapat diimbangi optimisme Fed Bernanke di awal pekan ini dan dta ekspor China melonjak di bulan lalu. Kondisi pasar yang tipis menjelang World Cup 2010, ikut membebani kinerja IHSG dan regional Asia pada beberapa pekan mendatang. Sementara penguatan rupiah relatif terbatas di atas Rp 9.150, dapat membatasi potensi kenaikan IHSG lebih lanjut. 

Hold Sell 2.770 target 2.700 stop 50p.  Sell 2.825 target 2.700 stop 30p. Sell breakout 2.695 target 2.640 stop 30p. Buy breakout 2.850 target 2.910 stop 20p.  Sell breakout 2.695 target 2.640 stop 30p.

Track Record IHSG (since end of March 2010) : 37 Recommendations (29 profits: 2 break even: 6 loss) = (+20p+45p+73p+53+60p+45p+63p+0p+27p+50p-20p+13p+40p+45p+40p+29p-30p-154p-75p+80p+26p+0p+28p+80p+62p+53p+20p+0p+70p+99p+135p-20p-30p+50p+60p+100p). Total : Net +1296 points = Average 35.02 point.


DJIA:
Hold Buy 9.975 target 10.150 stop 50p. Sell 10.150 stop 30p target 9.950. Buy 9.630 target 9.950 stop 35p.

Track record 25 Trades: (-65p-30p+370p + 280p+190p-30p+230p-30p+120p+200p-40p+280p+198p+205p+110p-30p+70p+200p+150p-50p-30p-30p-30p+145p-50p-30p)). Total Net +2398 points = Average +95.92 points/trade.

Wednesday, June 9, 2010

Volume Analysis Market Strategies

The Next are Indexes: Nikkei, Hang Seng & Kospi Market Profile & Volume Bar Analysis
IHSG: diperkirakan bergerak fluktuatif, berada dalam range strong support 2.750-2.830.
DJIA: menunjukkan strong resistance diatas 10.050 & 10.175 & 10300. weak support di bawah 9.850
IDR; berada dalam range 9.100-9.300
 EURO: sell 1.2170-1.2220 target 1.2000 stop diatas 1.2250. buy 1.1900-1.1940 target 1.2170 stop dibawah 1.1850.
GBP: Sell area di 1.4650/1.4700 target 1.4450 stop diatas 1.4750
 AGRO: Buy area 148-155 target 175, stop loss dibawah 145.
 ASII: Buy area di 42.000/42.800, stop loss 41.500 target 45.000
 BUMI: Buy area 1.800/1.840 target 1.960 stop dibawah 1.760
 CNKO: Buy area 115-122 target 150, stop loss dibawah 110. 
 MEDC: Sell area 3.000/3.050 target 2.800 stop loss diatas 3.125. Buy area 2.800-2.850
TMPI: Buy 155-162 target 205, stop loss dibawah 150.

Robert Prechter - Reuters Investment Outlook Summit

http://www.elliottwave.com/press_room/seen_heard/

Gold could fall 40 percent from peak: Prechter
The price of gold could drop 40 percent from its all-time high because of bearish technical momentum and deflation amid a European debt crisis, said Elliott Wave International President Robert Prechter on Monday.
http://uk.reuters.com/article/idUSTRE65652L20100607

Euro nears bottom vs dollar: Prechter
The euro is likely to bottom out against the U.S. dollar within two weeks, based on strong near-term technical indicators, longtime market analyst Robert Prechter said on Monday.
http://www.reuters.com/article/idUSTRE65633X20100607

http://finance.yahoo.com/tech-ticker/dow-slumps-3.6-%22we-are-on-schedule-for-a-very-very-long-bear-market%22-prechter-says-492864.html?tickers=^DJI,^GSPC,^IXIC,^RUT,^VIX,IWN,TLT&sec=topStories&pos=8&asset=&ccode=

Update Daily Investment News

IHSG Akhir Ditutup Naik 5,81 Poin
Indeks Harga Saham Gabungan (IHSG) Rabu (9/6) ditutup naik 5,81 poin (0,21%) ke level 2.785,79 karena mengikuti bursa regional. Pergerakan indeks diwarnai dengan 129 saham naik, 74 saham masih mengalami pelemahan dan 64 saham tercatat stagnan. Volume perdagangan sebanyak 4,4 miliar saham senilai Rp2,4 triliun. Indeks saham JII turun 1,1 poin ke 440,92 dan indeks saham LQ45 juga naik 0,1 poin ke 538,62.

Peringkat Obligasi Jasa Marga Naik Jadi 'idAA'
PT Pemeringkat Efek Indonesia (Pefindo) menaikkan peringkat obligasi PT Jasa Marga Tbk (Persero) (JMSR) dari idAA- menjadi idAA.

PT Trias Santosa Tbk (TRST) membantah akan diakuisisi Grup Djarum.

 PT Sarinah masih mempertimbangkan rencana initial public offering (IPO) yang semual direncanakan pada 2011 atau 2012 mendatang, akan undur lagi hingga 2013 mendatang.

Rencana kenaikan tarif tol pada akhir Juni 2010 mendatang akan mendorong kenaikan saham Jasa Marga (JSMR) dan saham konstruksi lainnya.

CMNP Lunasi Obligasi Rp100 Miliar
PT Citra Marga Nusaphala Persada Tbk (CMNP) telah melunasi utang pokok obligasi III tahun 2005 seri C dengan tingkat bunga tetap sebesar Rp100 miliar pada 8 Juni 2010.

PT Adhi Karya Tbk (ADHI) akan membagikan dividen sebesar Rp 28,25 per lembar dari perolehan laba bersih di tahun 2009 yang tercatat Rp 165,529 miliar. Total dividen yang dibagikan setara dengan 30% dari laba bersih.

PT Bumi Serpong Damai Tbk (BSDE) akan membagikan dividen sebesar Rp 6 per lembar atas perolehan laba bersih perseroan di tahun buku 2009 yang tercatat Rp 308,73 miliar.

PT Pelat Timah Nusantara/Latinusa Tbk (NIKL) segera menandatangani komitmen pinjaman dari PT Bank Negara Indonesia Tbk (BBNI) senilai Rp 200 miliar.

PT Sampoerna Agro Tbk (SRGO) akan membagikan dividen sebesar Rp 45 per saham atas perolehan laba bersih di tahun buku 2009, yang tercatat Rp 281,766 miliar. Dividen akan dibagikan pada 16 Juli 2010.

PT Bumi Resources Tbk (BUMI) berencana untuk melakukan penerbitan saham baru tanpa Hak Memesan Efek Terlebih Dahulu (HMETD) sebesar 10%. Harga saham yang ditawarkan dalam aksi korporasi ini adalah Rp 2.366 per saham. Manajemen BUMI akan meminta persetujuan pemegang saham dalam Rapat Umum Pemegang Saham Luar Biasa (RUPSLB) untuk rencana penerbitan saham baru ini. RUPSLB rencananya akan dilakukan pada 24 Juni 2010

Bursa Awasi Pergerakan Saham CNKO
Bursa Efek Indonesia saat ini tengah mengamati pergerakan saham PT Central Korporindo Internasional Tbk (CNKO).

Tifico Fiber Tenderkan Saham Publik ke 4 Perusahaan
PT Tifico Fiber Indonesia Tbk menawarkan tender kepada 4 perusahaan sasaran maksimal 60.882.300 saham.

TINS Realisasikan Biaya Opex Rp5,85 Miliar
PT Timah (Persero) Tbk (TINS) telah merealisasikan biaya operasional expenditure (opex) sebesar Rp5,85 miliar hingga Mei 2010.

IHSG Rabu Pagi Menguat 4,02 Poin ke 2.784
Indeks Harga Saham Gabungan (IHSG) pada perdagangan Rabu (9/6) pagi menguat 4,02 poin atau naik 0,14% ke level 2.784.

BUMI Bisa Naik, ‘Speculative Buy’
Saham BUMI, Rabu (9/6) diprediksikan menguat terbatas seiring positifnya sentimen market. Pelaku pasar bermain intraday trading. Speculative buy BUMI!

PT Molindo Raya Industrial Tbk akan menawarkan 650 lembar saham dalam Initial Public Offering (IPO) atau penawaran umum saham perdana. Demikian prospektus ringkat Molino di Jakarta, Rabu (9/6). Saham baru yang dikeluarkan dari portopel perseroan dengan nilai nominal Rp250 setiap saham, yang mewakili 30,29% dari modal ditempatkan dan disetor perseroan setelah menawaran umum dan ditawarkan kepada masyarakat.

Para bandar dikabrkan menggerek saham PT Jasa Marga Tbk (JSMR) di atas level Rp2.000 seiring rencana pemerintah menaikkan tarif tol ruas Cikampek-Jakarta sebesar 10-20% mulai Juli 2010. Bandar pun tengah merespon positif rencana perseroan berkongsi dengan PT Pembangunan Perumahan Tbk (PTPP) untuk membangun kota mandiri di Surabaya.

Saham PT Trias Sentosa Tbk (TRST) dikabarkan akan dibawa ke harga buku dalam waktu dekat. Grup Djarum disebut-sebut akan mengakuisisi saham Trias. Pengambilalihan ini dengan cara mengambil kepemilikan saham milik PT Kopanca Linggabuana. Djarum pun meminati saham Trias karena mensinergikan usaha perseroa ndengan perusahaan yang mereka kelola. Para bandar pun akan menggerek saham TRST ke level Rp280-300 dalam waktu dekat.

PT Bank Rakyat Indonesia (BBRI) mengakuisisi saham Bank Agroniaga. Kabar beredar bahwa harga akuisisi akan dipasang di level 2.00. Tersiar kabar bahwa akuisisi AGRO oleh BBRI akan dilakukan di harga Rp200. Namun, belum ada penjelasan resmi dari otoritas bursa mengenai hal ini.

PT Bakrie Sumatra Plantation Tbk (UNSP) menargetkan pendapatan tumbuh sekitar 20%-25% pada 2010. Pendapatan ini belum termasuk dari kontribusi produksi oleo-chemical.

PT Bakrie and Brothers Tbk (BNBR) menjajaki co investment kepada 5 investor termasuk fund manager global.

NAB Industri Reksadana Anjlok Rp396,045 Miliar
Bapepam-LK mencatatkan penurunan NAB industri reksadana pada Juni 2010 sekitar Rp396,045 miliar menjadi Rp118,229 triliun.

PT Bakrie Sumatera Plantations Tbk (UNSP) optimis akan mengakuisisi 6 perusahaan yang tergabung dalam Grup Domba Mas. Hasil Rapat Umum Pemegang Saham Tahunan (RUPST) PT Bakrie Sumatra Plantation Tbk (UNSP) memutuskan pembagian dividen sebesar Rp3,8 per lembar saham.

CIMB Niaga Siap Tawarkan Obligasi Rp 1,5 Triliun
nilai obligasi bernama Obligasi Subordinasi I Bank CIMB Niaga 2010 ini mencapai Rp 1,5 triliun

HERO Bangun 15 Gerai Giant
HERO juga masih mencari lokasi strategis untuk membangun gerai lain

Corporate news
BNBR: Cari Mitra Strategis
PJAA: Ancol Luncurkan Wahana Kolam Apung Senilai Rp 5 M
TMPI: Incar Dua Tambang Emas
UNSP: Akuisisi Domba Mas Masih Terbentur Masalah Utang
KARK: Chungrim Global Berpeluang Kuasai 30% Saham Dayaindo
BLTA: Alokasikan Rp600 M untuk Capex
AQUA: Bapepam-LK Izinkan Aqua Go-Private
TBMS: Bidik Penjualan Rp3,5 Triliun
AISA: TPS Food Siapkan Investasi Rp 360 Miliar
PTPP: PP dan KS Cari Pinjaman Rp2,6 Triliun
BNII: Proyeksikan Kredit Konsumsi Capai Rp15,61 Triliun
BBNI: Siap Danai Proyek PP Rp9,72 Triliun

Corporate Action
    * Hari ini (9/6), cum dividen tunai Bakrieland Development Tbk (ELTY) Rp 1 per saham Ex dividen (10 Jun 2010)
    * Hari ini (9/6), cum dividen tunai Multipolar Tbk (MLPL) Rp 2,15 per saham Ex dividen (10 Jun 2010)
    * Hari ini (9/6), cum dividen tunai Total Bangun Persada Tbk (TOTL) Rp 7,5 per saham Ex dividen (10 Jun 2010)
    * Hari ini (9/6), cum bonus Total Bangun Persada Tbk (TOTL), rasio 24(new) : 100(old) Ex date (10 Jun 2010)

Sumber: Inilah.com, detikfinance (market flash), kontan

IMF Says Risks to Economy Have Risen ‘Significantly’ (Update1)
(Bloomberg) -- Risks to the global economic outlook have “risen significantly” and policy makers have limited room to provide support to growth, International Monetary Fund Deputy Managing Director Naoyuki Shinohara said.
http://www.bloomberg.com/apps/news?pid=20601087&sid=avfVQpiOwb28&pos=5

Bumi to Raise $496 Million in Share Sale to Pay Debt (Update1)
(Bloomberg) -- PT Bumi Resources plans to raise $495.89 million by selling new shares and use the proceeds to pay debt, Indonesia’s biggest coal producer said in a statement published in Bisnis Indonesia today. The stock gained.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aE.v0WGsazrY

Aussie’s ‘Volatile’ China Ride Spurs HSBC to Drop Parity Call
(Bloomberg) -- HSBC Plc dropped its forecast for the Australian dollar to reach parity by year-end, citing a “bumpy and volatile ride” ahead for the currency because of the risk China’s property bubble may deflate and the potential for “contagion” to affect the South Pacific nation’s banks.  http://www.bloomberg.com/apps/news?pid=newsarchive&sid=ajL5VUON23qM

Fed Rate Increase Pushed to 2011 as Inflation Ebbs, Survey Says
Record-low inflation and prolonged unemployment mean the Federal Reserve will hold off raising interest rates until 2011, according to economists surveyed by Bloomberg News.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=atD3QbqaK6wE

Olsen Sees `Bumpy Ride' for U.S. Stocks Through Year End: Video
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aKnn0NR67BzU

Bear Options at Record as Wien Says Stocks to Rally (Correct)
(Bloomberg) -- Confidence in stocks is sinking to record lows in the options market even with the U.S. economy poised for its fastest growth in six years, a sign to Blackstone Group LP’s Byron Wien that it’s time to buy.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aO7hRK.wX830

Fund Managers Turn Bullish on EM Stocks, HSBC Says (Update1)
(Bloomberg) -- Money managers have turned more bullish on emerging-market stocks and bonds because of an economic recovery, according to a survey by HSBC Holdings Plc.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=apIm7QA69qtg

Global Equity Funds Absorb $1.5 Billion in Week (Update1)
(Bloomberg) -- Global tracked equity funds absorbed about $1.5 billion in the week ended June 2, helped by inflows to European stocks as investors speculated that Germany’s exports will benefit from the euro’s declines, EPFR Global said.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=ajvvDtdS.ttA

Stock Splits Go ‘Out of Fashion’ for S&P 500: Chart of the Day
(Bloomberg) -- Three companies in the Standard & Poor’s 500 Index are splitting their shares this week. A decade ago, this would have been a routine number. Now it qualifies as a deluge.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=ahgSytRNNNVs

U.S. Reduces 2010 Oil Price, World Demand Estimates (Update1)
(Bloomberg) -- The U.S. Energy Department reduced its crude oil price forecast for 2010 on concern that global economic growth may slow and on ample U.S. stockpiles.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=asGqWpHk.uSs

Asian Stocks Decline for Third Time in Four Days on Europe, Yen
(Bloomberg) -- Asian stocks fell for the third time in four days as the stronger yen dragged down Japanese exporters and on concern Europe’s debt crisis
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=adxsLGj64xO4

Are Stocks Near Bear Market? Some Pros See Danger Signs
While the stock market bear may not have made his way quite to Wall Street yet, he's at least in the neighborhood.
http://www.cnbc.com/id/37573413

Why We Won’t Revisit Dow 6,500
The stock market is worse off than it was a month and a half ago, Cramer said during Tuesday's Mad Money, but that doesn't mean we're in for a repeat of 2008 and early 2009.
http://www.cnbc.com/id/37572527

These Big Banks to See 'Double Digit Returns' by 2011
Contagion fears and regulatory reform uncertainties have created a difficult climate for financial stocks. But Betsy Graseck, large cap bank analyst at Morgan Stanley, and Moshe Orenbuch, research analyst and managing director at Credit Suisse, told investors that there are still some attractive names in the sector.
http://www.cnbc.com/id/37571044

Ten Bearish Factors Facing the Economy: O'Neill
There are ten key factors facing the economic recovery which investors need to be cautious of, Jim O'Neill, head of global economic research at Goldman Sachs, wrote in a research note Sunday.
http://www.cnbc.com/id/37554828

Why US Investors Should Not Buy Gold: Strategist
Gold hit a record high above $1,250 an ounce on Tuesday as concern over Europe's economic outlook lifted risk aversion. So is there still room for investors to buy the precious metal?
http://www.cnbc.com/id/37570769

Gartman: Deep-Water Ban Won't Send Oil Prices Soaring
You know the spill in the gulf will have a big impact on the environment. But will it have a huge impact on your wallet?
http://www.cnbc.com/id/37559559

Wednesday: Bernanke Could Call the Tune for Stocks
Fed Chairman Ben Bernanke's testimony before the House Budget Committee Wednesday could temporarily shift investor focus from Europe to the U.S. economy.
http://www.cnbc.com/id/37582306

Daily Forex Technicals |   Written by FXtechtrade
EUR/USD
Today's support: - 1.1891, 1.1867 and 1.1883(main), where correction is possible. Break would give 1.1812, where correction also may be. Then follows 1.1792. Break of the latter would result in 1.1770. If a strong impulse, we would see 1.1742. Continuation will give 1.1721 and 1.1696.
Today's resistance: - 1.1984 and 1.2027(main). Break would give 1.2052, where a correction is possible. Then goes 1.2071. Break of the latter would result in 1.2103. If a strong impulse, we'd see 1.2122. Continuation will give 1.2146.
USD/JPY
Today's support: - 91.11, 90.82, 90.38 and 90.08(main). Break would bring 89.75, where correction is possible. Then 89.31, where a correction may also happen. Break of the latter will give 89.10. If a strong impulse, we would see 88.76. Continuation would give 88.23.
Today's resistance: - 92.03, 91.28 and 92.70(main), where a correction may happen. Break would bring 92.82, where also a correction may be. Then 92.98. If a strong impulse, we would see 93.17. Continuation will give 93.34.
DOW JONES INDEX
Today's support: - 9807.00(main), where a delay and correction may happen. Break of the latter will give 9772.60, where correction also can be. Then follows 9737.80. Be there a strong impulse, we shall see 9705.30. Continuation will bring 9663.22 and 9633.28.
Today's resistance: - 9990.10, 10026.72 and 10082.20(main), where a delay and correction may happen. Break would bring 10119.37, where a correction may happen. Then follows 10155.13, where a delay and correction could also be. Be there a strong impulse, we'd see 10198.11. Continuation would bring 10237.50 and 10262.80.

Trading Strategies: ANTM/BKSL/HMSP/MYOR/TMPI

ANTM: potensi kenaikan terbatas selama ditutup dibawah 1.920, jika tembus dengan volume tinggi target 1.960/2050. Jika gagal ditembus target koreksi ke support 1.850/1.800. Buy di area 1.850/1.870 stop loss 1.800
BKSL: Trend masih netral, karena ditutup di 50% fibo retracement. Jika tembus resist 136, berpeluang menuju resist 144/158. Support berada di 121/125.Buy on weakness 125/121 target 136 stop dibawah 118.
HMSP berpotensi menunjukkan pola cup with handle, berpeluang menuju resist 16.000, jika tembus ke 16.800/17300, selama bertahan diatas 14.300. Trading buy area 14.500-14.950 stop loss 14.200.
MYOR, masih menunjukkan pola extend bullish setelah break high 6000, untuk target 6.450/6750/7.200, selama ditutup harian diatas 6000 support. trading Buy stop loss dibawah 6.000
TMPI  menunjukkan candle three black crows kemarin, berpeluang rebound ke resist 155, jika tembus ke 166/190 (trendline). Trading buy area 165/170 target 190 stop dibawah 160

Trading Strategies IHSG & DJIA 0906

Hold Sell 2.770 target 2.700 stop 50p.  Sell 2.820 target 2.700 stop 30p. Sell breakout 2.695 target 2.640 stop 30p. Buy breakout 2.850 target 2.910 stop 20p.  Sell breakout 2.695 target 2.640 stop 30p.

Track Record IHSG (since end of March 2010) : 37 Recommendations (29 profits: 2 break even: 6 loss) = (+20p+45p+73p+53+60p+45p+63p+0p+27p+50p-20p+13p+40p+45p+40p+29p-30p-154p-75p+80p+26p+0p+28p+80p+62p+53p+20p+0p+70p+99p+135p-20p-30p+50p+60p+100p). Total : Net +1296 points = Average 35.02 point.

Another EW Counting 3 IHSG 60 minutes.












DJIA:
Hold Buy 9.840 = Loss -50p. Sell break 9.765 = Loss -30p Buy break 9.975 target 10.150 stop 30p. Sell 10.150 stop 30p target 9.950. Buy 9.630 target 9.950 stop 35p.

Track record 25 Trades: (-65p-30p+370p + 280p+190p-30p+230p-30p+120p+200p-40p+280p+198p+205p+110p-30p+70p+200p+150p-50p-30p-30p-30p+145p-50p-30p)). Total Net +2398 points = Average +95.92 points/trade.

Tuesday, June 8, 2010

Market Profile Analysis: IHSG/DJIA/Oil/Gold/CNKO/ASIA/PKPK

IHSG menunjukkan potensi kenaikan terbatas dengan resist di kisaran area 2.825/2.850, jika bergerak diturun dibawah area 2.755 akan mempersulit potensi kenaikan.
 DJIA potensi kenaikan terbatas diatas 10.160, akan bertemu dengan strong area resistence di 10.250/10/310 (perlu ditembus jika dengan volume tinggi). Weak support di bawah kisaran 9.750/9830
Oil
Gold
ASIA Potensi kenaikan masih akan berlanjut, selama ditutup harian di atas 140, target strong area resist di 185/190. Trading Buy
CNKO memiliki strong area resist di kisaran 155/160.  Jika bergerak diatas area tersebut berpeluang ke resist 200. Trading Buy
PKPK: selama berada di atas 310, PKPK berpeluang ke 500/570. Trading Buy

Citigroup: Global Emerging Markets Strategy

http://www.ziddu.com/download/10194846/CitigroupGEMsstrategy7Jun2010.pdf.html

Goldman Sachs: The World Cup Economics

http://www.ziddu.com/download/10194492/2010WorldCupEconomics.pdf.html

Update Daily Investment News

Indeks Harga Saham Gabungan (IHSG)  Selasa (8/6) sesi I ditutup naik 21,5 poin (0,78%) ke level 2.771,8 karena mengikuti bursa regional yang rebound.Pergerakan indeks diwarnai dengan 114 saham naik, 50 saham masih mengalami penurunan dan 67 saham tercatat stagnan. Volume perdagangan sebanyak 2,7 miliar saham senilai Rp1,1 triliun. Indeks saham JII naik 2,4 poin ke 441,79 dan indeks saham LQ45 juga naik 4,2 poin ke 536,76.

Adapun saham-saham yang naik adalah Goodyear Indonesia(GDYR) naik Rp300 ke Rp12.950, Indosiar Karya Media (IDKM) naik Rp55 ke Rp310, Modern International (MDRN) naik Rp50 ke Rp700. Sementara itu, saham-saham yang turun adalah Astra International (ASII) turun Rp1.450 ke Rp43.500, Astra Agro Lestari (AALI) turun Rp900 ke Rp20.600, Gudang Garam (GGRM) turun Rp900 ke Rp30.050, Tambang Batubara Bukit Asam (PTBA) turun Rp750 ke Rp16.350, Indo Tambangraya Megah (IMMG) turun Rp650 ke Rp34.500, Astra Otoparts (AUTO) turun Rp600 ke Rp12.750, Indocement Tunggal Prakasa (INTP) turun Rp500 ke Rp15.100, Unilever Indonesia (UNVR) turun Rp450 ke Rp15.800, PP London Sumatera (LSIP) turun Rp400 ke Rp8.200. Sementara nilai tukar rupiah dibuka stagnan ke level 9.265 per dolar AS seperti pada penutupan kemarin

Gejolak di pasar saham dunia akhir-akhir ini akibat merebaknya krisis di Eropa justru membuka peluang untuk berbelanja saham di pasar saham Asia. Investor yang bukan tipe spekulator bisa memanfaatkan momentum sekarang ini untuk mengkoleksi saham-saham unggulan yang kini sudah murah.
"Kita masih berada dalam pasar yang bullish," ujar Stephen Biggar, Direktur Global dan Direktur Pelaksana S&P Equity Research seperti dikutip dari The Star, Selasa (8/6/2010).

BNI Kucurkan Kredit Rp500 Miliar ke PP
PT Bank Negara Indonesia Tbk (BNI) memberikan fasilitas kredit ke PT Pembangunan Perumahan (Persero) (PP) senilai Rp500 miliar.

Bursa Asia Bergairah Kembali Dipicu Isu Internal
Pasar saham Asia Selasa (8/6) dibuka menguat di tengah kejatuhan Wall Street, di mana Dow turun lebih dari 1 persen.

BEI Buka Suspensi Saham KARW
BEI memutuskan untuk membuka penghentian sementara perdagangan efek PT Karwell Indonesia Tbk (KARW) di pasar negoisasi mulai sesi I perdagangan efek Selasa (8/6).

Selama Piala Dunia Hindari ‘Buy’ & ‘Hold’!
Sudah jadi mitos Piala Dunia memicu tipisnya transaksi di bursa saham tak terkecuali di 2010. Pelaku pasar disarankan bermain cepat. Hindari aksi ‘beli’ dan ‘hold’!

IHSG Selasa Pagi Terkerek 26,48 Poin ke 2.776,71
Indeks Harga Saham Gabungan (IHSG) Selasa (8/7) pagi menguat 26,48 poin atau naik 0,96% ke level 2.776,71.

Bursa Efek Indonesia (BEI) menghentikan sementara perdagangan saham (suspensi) PT Pan Brothers Tbk (PBRX).

Saham PT Bumi Resources (BUMI), Selasa (8/6) diprediksi menguat seiring positifnya sentimen dari grup Bakrie terkait penjajakan akuisisi BTEL oleh TLKM. Strong buy BUMI!

Sumbangan 20 emiten dengan kontribusi pajak sebesar Rp30,58 triliun per September 2009. Total sumbangan pajak dari emiten sekitar Rp42,35 triliun.
http://www.inilah.com/news/read/ekonomi/2010/06/08/584831/inilah-20-emiten-kontribusi-pajak-di-2009/

PT Bank Agroniaga Tbk (AGRO) dikabarkan sedang diakumulasi para manajer investasi lokal. Pasalnya, PT BRI Tbk pekan ini diwartakan bakal meneken akuisisi 90% saham Agroniaga pada harga Rp200.

Satu investor perusahaan investasi dari Tiongkok dikabarkan bakal mengambil alih (take over) PT Central Korporindo International Tbk (CNKO). Perusahaan tersebut meninati CNKO karena perseroan dinilai berkontribusi dalam ekspor batubara kalori rendah ke negara tersebut. Rasio harga per buku CNKO sat ini masih murah di kisaran 0,6X. 

WIKA Revisi Dividen Jadi Rp10,0182
PT Wijaya Karya Tbk (WIKA) merevisi nilai dividen yang akan dibagikan dari sebelumnya Rp10,02 per saham menjadi Rp10,0182.

AMRT Bagi Dividen Rp13,5 per Saham
PT Sumber Alfaria Trijaya Tbk (AMRT) akan membagikan dividen untuk tutup tahun 2009 sebesar Rp13,5 per saham atau 25% dari laba bersih 2009 sekitar Rp186 miliar.

Telkom Siap Tawarkan Patrakom ke Investor
PT Telekomunikasi Indonesia Tbk (TLKM/Telkom) mengakui akan menawarkan Patrakom dan CSM kepada investor.

PT Pertamina merencanakan IPO sekitar 4 anak perusahaannya. Saat ini tinggal realisasi setelah proses persiapan selesai. "Kami rencanakan IPO sekitar 4 anak perusahaan Pertamina di antaranya PT PHE, PGE, dan lainnya.

Corporate news
TLKM: Telkom akan lepas 40% saham di Patracom
BBRI: Empat Kali BRI Turunkan Bunga Kredit
PT Bank Rakyat Indonesia Tbk mendukung harapan pemerintah untuk menurunkan suku bunga pinjaman guna menopang
MEGA: Kredit baru Bank Mega April-Mei Rp1,2 triliun
BUMI: Operasi anak usaha Bumi Resources dihentikan
AMRT: Hanya Bagikan 25 Persen Deviden
BTEL: Merger Telkom Flexi dan Bakrie Telecom Rampung Akhir 2010
IKAI: Setop Impor Bahan Baku
BNBR: Bakrie Tebus 20,1% Saham UNSP
BRPT: Bayar Akuisisi Perkebunan Sawit dari Hasil Obligasi
SGRO: Tambah Saham National Sago
FAST: Laba Fast Food tumbuh 46%
AQUA: Aqua genjot volume penjualan 10,35%

Corporate Action
    * Hari ini (8/6), cum dividen Astra Agro Lestari Tbk (AALI) Rp 465 per saham Ex dividen (9 Jun 2010)
    * Hari ini (8/6), cum dividen Bank Negara Indonesia (BNI) Tbk (BBNI) Rp 47,48 per saham Ex dividen (9 Jun 2010)
    * Hari ini (8/6), cum dividen Bank Himpunan Saudara 1906 Tbk (SDRA) Rp 6 per saham Ex dividen (9 Jun 2010)
    * Hari ini (8/6), cum dividen Indika Energy Tbk (INDY) Rp 69,68 per saham Ex dividen (9 Jun 2010).

  Barito Bangun Tiga Pabrik Kelapa Sawit
Barito Pasific menginvestasikan Rp 270 miliar untuk membangun tiga pabrik kelapa sawit yang berlokasi di Kalimantan Barat dan Sumatra Utara

  BNBR Batal Terbitkan Obligasi
Analis memprediksi, BNBR akan melakukan rights issue

  TLKM Tawarkan Kupon 8,91%-10,4%
Obligasi itu terdiri dari seri A yang berjangka waktu lima tahun dan seri B yang bertenor 10 tahun.

  Menanti Operasi Pabrik Baru Indocement
Pengoperasian pabrik baru akan menambah kapasitas produksi INTP menjadi 18,6 juta ton

Kerisauan pasar keuangan global terhadap krisis Eropa masih berdampak negatif bagi pasar Surat Utang Negara (SUN) di Indonesia. Pada penutupan perdagangan Senin (7/6), Himpunan Pedagang Surat Utang Negara (Himdasun) mencatat, indeks SUN mengalami koreksi 0,12%, dari level 100,35 ke level 100,23.

PT Pembangunan Perumahan Tbk (PTPP) menggandeng PT Jasa Marga Tbk (JSMR) mengembangkan kota baru di Surabaya, Jawa Timur. Kota baru tersebut diperkirakan akan meraup pendapatan Rp 130 triliun dalam 10 tahun setelah terbentuk.

Sumber: inilah.com, detikfinance.com (market flash), kontan

Investors Pick U.S. Over BRICs in Bloomberg User Poll (Update1)
(Bloomberg) -- The U.S. has supplanted China and Brazil as the most attractive market for investors as confidence in the global economic recovery wanes in the wake of the Greek debt crisis.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aaE0ossGaCAQ

Indonesia May Return to Net Oil Exporter by 2020, Wirjawan Says
(Bloomberg) -- Indonesia, Southeast Asia’s biggest crude oil producer, may return to net exporter status by 2020 by increasing exploration and investment in the industry, a government official said.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aw9euoJhjlvs

Rupiah May Gain 3 Percent Early in 2011 on Growth, Westpac Says
(Bloomberg) -- Indonesia’s rupiah may strengthen more than 3 percent early next year as political stability bolsters economic growth and investment, according to Westpac Banking Corp.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aMEa.xov14LY

Tuesday Look Ahead: Volatile Markets Await Next Jolt from Europe
Soured by last week's U.S. employment report, investors are heading to the high ground in an effort to avoid fall out from Europe.
http://www.cnbc.com/id/37562559

S&P 500’s ‘Painful’ Retreat May Be Over: Technical Analysis
(Bloomberg) -- The Standard & Poor’s 500 Index’s first back-to-back gain since April produced a buy signal in a trend measure, suggesting the biggest retreat since the bull market began may be over, according to Auerbach Grayson & Co.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aRDGyqxSHsAs

Bernanke Says Recovery Unlikely to Lower Joblessness Quickly
(Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke said the U.S. recovery probably won’t quickly bring down the unemployment rate, which is likely to stay “high for a while.”
http://www.bloomberg.com/apps/news?pid=20601087&sid=aFDadJQ3Ufrk&pos=7

Pound to Resume Weakness, JPMorgan Says: Technical Analysis
(Bloomberg) -- Investors should hold on to their bets that the pound will decline against the dollar even after the currency advanced against its major counterparts in recent weeks, according to JPMorgan Chase & Co.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aTaUE6Dnjm7E

Ringgit May Weaken 0.9 Percent, KAF Says: Technical Analysis
(Bloomberg) -- Malaysia’s ringgit may slide 0.9 percent after falling below a technical level, according to KAF Investment Bank Bhd.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aquSPAvS5wEA

U.S. 10-Year May Drop to 2.20%, Citi Says: Technical Analysis
(Bloomberg) -- Yields on 10-year Treasury notes may fall to as low as 2.20 percent if a worsening of Europe’s sovereign debt crisis prompts the securities to break the lowest resistance level of the year, according to Citigroup Inc.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a30zB.eoSz3M

Dollar Capped by Ichimoku May Hit 1995 Low: Technical Analysis
(Bloomberg) -- The dollar remains in a downtrend against the yen and may weaken to the lowest level since 1995, according to Mizuho Corporate Bank Ltd., citing technical charts.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aNu1n3fCQukk

Small-Cap Drop May Signal ‘Bears in Charge’: Technical Analysis
(Bloomberg) -- Small companies, which helped lead the biggest U.S. equity rally since the 1930s, fell near the average price of the last 200 days and a drop below may signal more losses, Schaeffer’s Investment Research said. 
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aGLOvdVfjAJY

Europe Committed to Euro's Survival: Fed's Bernanke
European leaders are committed to ensuring the survival of the euro and have enough money to meet obligations of heavily indebted member countries, U.S. Federal Reserve Chairman Ben Bernanke said on Monday.
http://www.cnbc.com/id/37561667

Recovery on Track, Worst Priced In: Goldman's Cohen
Investors remain nervous about the state of the global economy but should be comforted that things are generally better in the US than around the world, Goldman Sachs analyst Abby Joseph Cohen told CNBC.
http://www.cnbc.com/id/37555862

Why Rallies (Still) Aren’t Sustainable
After watching the market rally Monday morning, only to have the Dow close down 115 points, Cramer urged caution and revisited a checklist of six things investors must see before getting bullish. Especially because, since he wrote the list on June 2, things have only gotten worse.
http://www.cnbc.com/id/37554530

Oil & Gold Today
http://www.cnbc.com/id/15840232?video=1515869824&play=1

Halftime Pt. 1: Can S&P Hold 1060?
Investors couldn’t make up their mind Monday with stocks modestly higher around lunchtime after a morning sell-off.
http://www.cnbc.com/id/37554650

Euro Won't Break Above This Dollar Ceiling: Chief Strategist
The euro fell below $1.19 for the first time in more than four years on Monday but recovered most of its losses as U.S. stocks rose slightly and strong German manufacturing data pushed investors to buy back the currency. Ashraf Laidi, chief market strategist at CMC Markets, discussed his insights.
http://www.cnbc.com/id/37551946

Next Support Levels for Euro: $1.16, then $1.03 — Charts
It's just a few weeks since my last note on the euro-dollar but I think an update is appropriate given the continued battering of the single currency.
http://www.cnbc.com/id/37564904

Markets About to Turn Nasty, Buy Barbed Wire: Advisor
Bond markets could get very nasty over the coming months, while stock investors could take a few months off and stop attempting to trade volatile swings in the markets, Anthony Fry, senior managing director at Evercore Partners, told CNBC Monday.
http://www.cnbc.com/id/37549417

Gold's 'Real Move' to $7,000 Coming: Asset Manager
The "real move" in gold is to come, predicted Egon von Gruyerz, founder of precious metals investment and storage company GoldSwitzerland.com, on Monday.
http://www.cnbc.com/id/37550457

Gold May Jump to Record on Double Dip, GFMS Forecasts (Update1)
(Bloomberg) -- Gold, trading within 1.5 percent of a record, may rally to an all-time high as investors seek a haven for their wealth, including protection from a possible double- dip recession in the global economy, according to GFMS Ltd.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=apdd3TwGfrKU

Global Equity Funds Absorb $1.5 Billion in Week (Update1)
(Bloomberg) -- Global tracked equity funds absorbed about $1.5 billion in the week ended June 2, helped by inflows to European stocks as investors speculated that Germany’s exports will benefit from the euro’s declines, EPFR Global said.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=ajvvDtdS.ttA

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