Update Daily Investment News 25-03

2nd session on 25.03.11
@ 3607.11 (-4.52pts) (-0.12%)
H: 3639.68 ; L: 3591.54
Value: 5 T (NG 614 B )
Volume: 3 B (NG 413 M )
Foreign Nett Buy: 599 B
USD/IDR: 8714

10 most active stocks by value:
BMRI @ 6300 (+2.43%)
ASII @ 57900 (+1.93%)
TLKM @ 7150 (0.00%)
BBRI @ 5350 (+0.94%)
ADRO @ 2275 (0.00%)
ITMG @ 48400 (-4.42%)
DOID @ 1140 (+0.88%)
BUMI @ 3150 (-1.56%)
UNTR @ 22500 (-1.95%)
PGAS @ 3800 (0.00%)

1st session on JCI 25.03.11
@3627.85 (+16pts)(+0.44%)
H: 3639.68 ; L: 3610.88
Value: 2.37 T (NG 220 B )
Volume: 1.68 B (NG 259 M )
Foreign Nett Buy: 384 B
USD/IDR: 8700

10 most active stocks by value:
BMRI @ 6300 (+2.43%)
ASII @ 57950 (+2.02%)
TLKM @ 7200 (+0.69%)
ADRO @ 2300 (+1.09%)
BBRI @ 5350 (0.94%)
BUMI @ 3150 (-1.53%)
PGAS @ 3800 (0.00%)
BJBR @ 1160 (+0.87%)
BORN @ 1670 (+1.21%)
DOID @ 1140 (+0.88%)

Friday Look Ahead: Refreshed Bull May Catch its Breath Before Moving Higher
http://www.cnbc.com/id/42257256

Euro's Collapse Is Not 'Unthinkable': Warren Buffett
http://www.cnbc.com/id/42248019

Asian Stocks Rise, Won Strengthens as Recovery May Withstand Europe Crisis
http://www.bloomberg.com/news/2011-03-25/asian-stocks-rise-won-strengthens-as-recovery-may-withstand-europe-crisis.html

Stocks Are Cheap, Right? Why the Bulls May Be Wrong
http://www.cnbc.com/id/42253348

S&P Cuts Portugal's Rating, Warns of Further Downgrade
http://www.cnbc.com/id/42259272

The Only NYSE Stock to Gain Every Year for 10 Years 
http://www.cnbc.com/id/42248737

Best and Worst Stocks in the Market Bounce
http://www.cnbc.com/id/42235571

US Equities Are Cheap, 'Under-Invested': Larry Fink
http://www.cnbc.com/id/42254264

Stock Trading, Near 2011 Low, May Sink More: Technical Analysis
http://www.bloomberg.com/news/2011-03-24/stock-trading-near-2011-low-may-sink-more-technical-analysis.html

British Pound May Reach Two-Year High, Citigroup Says: Technical Analysis
http://www.bloomberg.com/news/2011-03-22/british-pound-may-reach-two-year-high-citigroup-says-technical-analysis.html

S&P 500 Could Drop 9.9% Before Resuming Rise: Technical Analysis
http://www.bloomberg.com/news/2011-03-22/s-p-500-could-drop-9-9-before-resuming-rise-technical-analysis.html

Daily Forex Technicals |   Written by FXtechtrade
EUR/USD
Today's support: - 1.4130 and 1.4087(main), where correction is possible. Break would give 1.4068, where correction also may be. Then follows 1.4027. Break of the latter would result in 1.3996. If a strong impulse, we would see 1.3973. Continuation will give 1.3916.Today's resistance: - 1.4182 and 1.4226(main). Break would give 1.4244, where a correction is possible. Then goes 1.4275. Break of the latter would result in 1.4308. If a strong impulse, we'd see 1.4331. Continuation will give 1.4356.
USD/JPY
Today's support: - 80.55 and 80.13(main). Break would bring 79.74, where correction is possible. Then 79.21, where a correction may also happen. Break of the latter will give 78.86. If a strong impulse, we would see 78.18. Continuation would give 77.62. Today's resistance: - 81.41 and 81.78(main), where a correction may happen. Break would bring 81.96, where also a correction may be. Then 82.24. If a strong impulse, we would see 82.57. Continuation will give 82.80.
DOW JONES INDEX
Today's support: - 12060.00 and 12010.51(main), where a delay and correction may happen. Break of the latter will give 11968.24, where correction also can be. Then follows 11947.46. Be there a strong impulse, we shall see 11902.68. Continuation will bring 11868.72. Today's resistance: - 12195.06(main), where a delay and correction may happen. Break would bring 12222.11, where a correction may happen. Then follows 12240.00, where a delay and correction could also be. Be there a strong impulse, we'd see 12250.23. Continuation would bring 12277.26 and 12295.23.

Daily Forex Technicals |   Written by Admiral Markets
Currency pair EUR/USD
Level of formed waves is changed, but expectations concerning the local direction while remain former. Presumably, the impulse [3] of v of (v) of [iii] is formed. If the assumption is true, within the limits of its complete set it is possible to expect continuation of growth of the price. Overcoming by level 1.4248 will be confirmation of this idea.

Currency pair GBP/USD.
The labelling of the cable as is changed, however expectations concerning the local direction while remain former. Presumably, the Diagonal Triangle (v) of [i] in which frameworks the correctional wave ii of (v) comes to the end is formed. If the assumption is true, after its terminations it is possible to expect growth of the price as the Zigzag iii of (v).

Currency pair USD/JPY.
Presumably the horizontal Triangle iv of (c) comes to an end. If the assumption is true, after its terminations it is possible to count on local growth of the price as the wave v of (c) of [ii].

Top 10 Keynesian Ways to Boost the US Economy

Keynesian economists are propagandizing the media with a unified message; in one breath lightly touching on the human tragedy in Japan, while in the next anticipating with delight the economic recovery it will (supposedly) create. The natural disaster in Japan is tragic both on a human level and economically. Japan may, possibly, enjoy a GDP boost in six months or so as a result of some rebuilding, but the billions in present-day lost productivity will easily negate any future upside.

The buildings and businesses with billions in loans have (and will continue to) experience enormous losses. Who will realize these losses?  Insurance losses – the capital that would be invested in other productive assets - now must cover billions in claims.  And what about the economic impact resulting from the loss of nuclear efficiency? Consider the power situation in Japan over the coming months with 40% of electricity used in greater Tokyo historically originating from the Niigata and Fukushima prefectures.  In totality, it is mystifying how any economist could predict a net economic positive.

Read More: http://www.goldshark.com/kaspars-comments/item/76-top-10-keynesian-ways-to-boost-the-us-economy.html

Investing in Steel: Nine Ways to Strengthen Your Portfolio

Global steel producers were prolific in 2010, with worldwide output reaching a record 1,414 million metric tons (mmt). According to the World Steel Association (WSA), that represented an average production increase of more than 15% from 2009, when the poor global economy had pushed steel demand down to levels not seen since before the turn of the century.

And, based on recent economic and industry forecasts, both production and demand are expected to continue rising for all of 2011 - which bodes well for investors looking to turn hard metals into solid profits.

The WSA forecasts finished steel consumption in 2011 will rise 5.3% to nearly 1,340 mmt - in spite of the fact that steel prices have reached near-record levels in recent months, climbing in January to more than $800 per ton of hot-rolled coil steel, the industry's base product unit.

Read More: http://moneymorning.com/2011/03/24/investing-in-steel-nine-ways-to-strengthen-your-portfolio/

The Best Dow Stocks for the Next 5 Years

The best performing stocks in the market are usually the fastest growing stocks or the stocks with the highest expected growth rates. In this article, we will present the 5-year growth rate estimates for the 30 members of the Dow Jones Industrial Average. The source of the data is Thomson Financial. Theoretically, the stocks with the highest growth estimates and lowest PE ratios should outperform the market on the average.

There are two main problems with using these estimates. First, the estimates may not be accurate under the current assumptions about the future. Second, the estimates may be accurate under the current assumptions, but we may experience adverse developments in the future that might render these estimates obsolete.

Read More: http://seekingalpha.com/article/259913-the-best-dow-stocks-for-the-next-5-years

Investment Legends: “Dollar Collapse Inevitable”

Jeff Clark, BIG GOLD
BIG GOLD: A lot of economists, including the government, believe the worst is behind us economically. Do you agree? If not, what should we be on the lookout for in 2011?

Jim Rogers: It is better for those getting all the government largesse, but the overall situation is worse. More currency turmoil. State and local problems, plus pension problems.

Bill Bonner: None of the problems that caused the crises in Europe and America have been resolved. They have been delayed and expanded by more debt and more money printing and will lead to more and worse crises. Deleveraging takes time. 2011 will, most likely, be a transition year... not unlike 2010. But the risk is that one of these latent crises will become an active crisis.

Peter Schiff: To me, it's like watching someone walk into the same sliding glass door again and again. Wall Street must know by now that large infusions of liquidity from the Fed spur present consumption at the expense of investment for the future. We are an indebted family going out for an expensive meal to celebrate getting approved for a new credit card. It might feel good (at the time), but we're still simply delaying the inevitable.
Read More: http://www.caseyresearch.com/articles/investment-legends

China's Secret Plot to Dump the Dollar

...and 3 Surprising Places You Should Put Your Money Right Now to Avoid the Carnage and Prosper.

Read More: http://www.caseyresearch.com/crpmkt/crpSolo.php?id=209&ppref=MOR209ED0311D