Stocks on Wall Street jumped sharply along with the increase of profit performance companies are positive, after the economic crisis that hit the country.
General Electric (GE) to be the principal cause of increasing the stock index S & P 500 to reach 1100 levels. GE shares rose 3.3% in trading Friday (23/07/2010).
In Friday trading yesterday, shares of Dow Jones index rose 102.32 points or 0.99% to 10424.62. S & P 500 Index also rose 8.99 points, or 0.82% to a level of 1102.66. Then the Nasdaq rose 23.58 points, or 1.05% to 2269.47.
Composite Stock Price Index (IHSG) ended this weekend trade with the strengthening of 32 points through the 3030 resistance level. Action of foreign buying of USD 790 billion to become one of the trigger factor.
Composite Index opened slightly higher level to 3010.315 and then rose sharply to levels even touching 3051.365, shot 42 points from yesterday's closing level at 3009.923.
Since the beginning of trading, investors buy massive action on a giant seed stocks in all sectors. JCI sharp shot went straight through the resistance level for today's trading at 3030 levels. Along trades, JCI continues to stay above those levels.
Strengthening commodity stocks sharply plantation and mining became the main driver of strengthening JCI today. INCO shares which are reportedly negotiating with ANTM to supply one million tons of nickel went up sharply to reach 7% with the highest transaction value.
if you want to buy the shares immediately purchase ANTM and INCO tomorrow, at whatever price you should BUY BUYYYYYYYYYYYYYYY. Antm next target 2400, INCO next target 4700.
Read More....
Showing posts with label World News. Show all posts
Showing posts with label World News. Show all posts
Sunday, July 25, 2010
BUY ANTM and INCO NOWWWW
Monday, May 3, 2010
First Quarter 2010 Cunsumer rise 3,2%
World News. Last week was a volatile one for the US equity market. The S&P500 hit a trough of 1,180pts on Tuesday before bouncing back. But by Friday night, it gave back all the gains and more. Instead of a triangle formation, it is likely that the S&P500 completed a "flat formation" last Tuesday. If we are right, it hit a near-term bottom last week and should challenge the 1,120-1,140 level over the next 1-2 weeks before reaching at least a near-term peak. The key support is at 1,181 and a breakdown below this level would indicate that our alternative wavecount is taking place. The S&P500 could have reached an immediate peak of 1,219.80 last Monday . The MSCI Asia ex-Japan stayed below its major resistance trend line, currently at 507pts. For us to turn positive on the index, it needs to overcome this level.
1Q10: GDP rises 3.2% as consumers lead the way
US real GDP growth paces lower to 3.2% in 1Q10 (5.6% in 4Q09), marking the third consecutive quarterly increase. 1Q GDP data were below our expectations of 3.8% as well as market consensus (3.4%). Consumer spending picked up to rise by 3.6% in 1Q10 (1.6% in 4Q09). However, there was a downshift in corporate investment to a growth of 14.8% in 1Q10 (+46.1% in 4Q09) while exports also slowed sharply to 5.8% in 1Q10 from 22.8% in 4Q09. Overall, the 1Q GDP data look encouraging with consumers leading the way. But, the issue is whether the trend is sustainable going into 2H10. The boost from inventories and fiscal support will play out by 2Q, and this will pull headline growth back. Without a sustained increase in job creation, consumer spending will likely to falter. We maintain this year's GDP growth estimate at 2.5%. In our view, the moderate pace of growth meant that the Fed would bide its time before raising interest rate. As such, we maintain our outlook for the Fed funds target rate of 0.50% for 2010 and 1.25% for 2011.
Read More....
1Q10: GDP rises 3.2% as consumers lead the way
US real GDP growth paces lower to 3.2% in 1Q10 (5.6% in 4Q09), marking the third consecutive quarterly increase. 1Q GDP data were below our expectations of 3.8% as well as market consensus (3.4%). Consumer spending picked up to rise by 3.6% in 1Q10 (1.6% in 4Q09). However, there was a downshift in corporate investment to a growth of 14.8% in 1Q10 (+46.1% in 4Q09) while exports also slowed sharply to 5.8% in 1Q10 from 22.8% in 4Q09. Overall, the 1Q GDP data look encouraging with consumers leading the way. But, the issue is whether the trend is sustainable going into 2H10. The boost from inventories and fiscal support will play out by 2Q, and this will pull headline growth back. Without a sustained increase in job creation, consumer spending will likely to falter. We maintain this year's GDP growth estimate at 2.5%. In our view, the moderate pace of growth meant that the Fed would bide its time before raising interest rate. As such, we maintain our outlook for the Fed funds target rate of 0.50% for 2010 and 1.25% for 2011.
Sunday, April 11, 2010
The FED's rates
USA - Wall Street skidded on Wednesday (07/04) New York time after one of the stakeholders in the Fed's low interest rate states will be maintained in a longer time to reduce risk, provide a space for investors to profit taking. Stocks falling in the energy sector where the S & P energy index drained 1 percent and the Dow component Exxon Mobil eroded 0.8 percent to U.S. $ 67.34. Crude oil prices are also falling by 1.1 percent to U.S. 85.88 U.S. dollars per barrel after data showed domestic inventories increased last week. Until the close of trading yesterday, the Dow Jones slipped 72.47 pts or 0.66 percent, to 10897.52 shrinkage and Standard & Poor's 500 index down 6.99 pts or 0.59 to 1182.45 and the Nasdaq composite position loses 5.65 pts to 2431.16....
Japan - Japanese machinery orders in February outside the approximate period corrected compared to January 2010. Japanese ministry officials reported engine orders in the second month of this year decreased 5.4 percent from the previous month. This figure is higher than the economic projects as quoted by Bloomberg at 3.7 percent. On the other hand, the Bank of Japan (BoJ) has maintained a low interest rate and the rate of 0.1 percent and deflation was still possible.
INDONESIA -The Capital Market Supervisory Agency and Financial Institution (Bapepam-LK) in the future will have the authority to open a customer account data within the framework of the investigation. Bank Indonesia (BI) is said to have given their approval because it involves public funds. That was said by the Head of the Bureau of Legislation and Legal Aid Simbolon Robinson's capital market regulator. He said that the authority has been enshrined in the revised draft capital market law which is now in final form.
Capital Market Supervisory Agency and Financial Institution (Bapepam-LK) has designed the rules that assign penalties to the illegal payments and fraud in the capital market.
Chairman of Bapepam-LK Fuad Rahmany in his statement in Jakarta, said in a draft revision of the draft Capital Market Law will be set to liability for payment of funds embezzled funds and pay a fine of Rp50 billion to the perpetrators.
Determination of refunds to customers and providing penalties intended to provide the deterrent effect of capital market crimes. But if the case was rolling on the court, the judge may decide a penalty of Rp0. And so far the courts have always been giving lenient sentences to the perpetrators.
This week will be a decline!!
Read More....
Tuesday, March 9, 2010
BUY NOWWW PLEASEE
U.S - Wall Street jumped at the end of last week (05/03) New York time after GOVERNMENT report shows the number of workers falling signal trimming the number of workers better than expected.
The majority of the index rose more than 1 percent, including the Dow Jones industrial average, which shot 122 pts. Improving labor report encourages oil and commodities into a stronger position after the demand expected to increase in line with the improving economy.
Until the closure Friday of last week, the Dow Jones grew up 122.06 pts, or 1.2 percent to 10,566.20, or the highest since January 20. While Standard & Poor's 500 index rose for the sixth time, where last weekend notes rose 15.73 pts or 1.4 percent, to 1138.70 and the Nasdaq composite index thicken thickened 347.04 pts or 1.5 percent, to 2326.35 .
Japan - Japan Exchange rose, sending the index Nikkei 225 best weekly gain this year, supported by the weakening exchange rate of the yen amid speculation the bank central will loosen monetary policy.
Stocks based exports, mainly from the electronic sector dominated prices strengthening in the trade today (05/03) in Tokyo. Sector and office property developers also jumped and follow-up of the cruise sector in line with the estimated export performance improvement.
Overall, the Nikkei index shot 225 today 223.24 pts or 2.20 percent to thicken 10,368.96 and the Topix index rose 1.5 percent to 910.81.
IHSG (Indonesian Stock Exchange) IN BULL MODE. This is when you starting to buy.
Stock that you must have:
1.ADRO 1860
2.PTBA 16300
3.GZCO 300
4.ANTM 2175
5.INDF 3660
6.AALI 24000
Read More....Tuesday, March 2, 2010
BAKRIE TOWARD BULL
Indonesia - Bakrie stocks finally returned 7 writhing on the bourses. In trading today, all shares of Bakrie 7 gained mastery with a volume of 38.13% and 22.76% transaction value.
During recent weeks, the shares of Bakrie 7 does tend sluggish because of political strife Century Bank scandal compounded by the discourse surrounding the tax case.
So less interest, which is usually 7 Bakrie control transaction value of more than 50% of transactions in Indonesia Stock Exchange (IDX), had fallen sharply below 10%. But now, along with nearly finished bailout scandal Century Bank, foreign investors began to back into the trading floor and hunt Bakrie shares 7.
Based on trade data, as quoted IDX, Tuesday (2/3/2010), all shares of Bakrie 7 in trading today experiencing considerable strengthening.
The total value of transactions today Bakrie 7 Rp 736.106 billion, equivalent to 22.76% of the total value of transactions on the Stock Exchange of Rp 3.233 trillion. EARTH stock transaction ranked at the top, unbeaten so far.
Strengthening the shares of Bakrie 7 provides fresh air for JCI. Over the last few days, JCI is moving sideways as the lonely transaction Bakrie shares 7. Understandably, the shares of Bakrie still be a trigger 7 JCI movement.
Friday, February 26, 2010
Wall Street Bad Economic Data
Wall Street in trading today (26/02) closed lower, mainly triggered by the release of disappointing economic data such as jobless claims and durable goods.
The focus today is trading on a number of disappointing economic data market.
1.Klaim registered unemployment rose as much as 22.000, more than expectations.
2. Demand is expected durable goods rise, in January and then it dropped 0.6%.
3. The market also experienced a number of concerns related to Greece, since
some rating agencies downgrade was allegedly going to the Greek bond.
I predict that in the near future, the stock is likely to be corrected. The next focus is on the 2nd read GDP, consumer sentiment, and existing home sales figures. From the issuer, Berkshire Hathaway's earnings release will also be a focus.
Technical condition
DOW Jones Industrial in sideways condition why?? Check this :
1.DEAD CROSS, Bollinger band cross down moving average 30,40, 60 line.
2.MACD signal still moves below 0.
3.Relative Strength Index line still move below 50% line for one months.
4.Stochastic show SELL POINT.
TWO good point ARE
1. CANDLESTICK already broke up MOVING AVERAGE 30.
2. MOVING AVERAGE 30,40, AND 60 MOVE FLAT. That indicate sideways.
MY SUGGESTION, just wait n see till RELATIVE STRENGTH INDEX break up 50% LINE. Can start to buy when that situation happened.
Friday, February 19, 2010
SECOND CRISIS IN 2010 WATCHOUT
Many who predicted in 2010 was a year of recovery of the global economic crisis. But not a few who still put too cautious stance even further to predict the coming crisis of global crisis aka second stage.
Fortunately, in 2009 the positive sentiment and spirit of optimism successfully raised the indices of global stock markets from collapse. And in 2010, with the same spirit, is expected to be a year of recovery.
According to ANALYST, most people are too happy with the euphoria of recovery in 2009, so missed seeing the signs of further crises. Subprime Mortgage may have passed. But he insisted, Subprime Mortgage is not the only high-risk mortgage products in the U.S..
The others product that like Mortgage are Alt-A and Option ARM. Two of these products are often known as Ninja loans (No Income, No Job and Assets) which means that mortgages for people who have no income, employment and collateral.
The differences between Subprime mortgages and Alt-A and Option ARM are :
Subprime mortgages are high-risk option offered with attractive, at least look like it. In the first year, Subprime borrowers are not charged interest. New interest charged after the first year.
Alt-A and Option ARM gives borrowers the flexibility to pay the mortgage during the first 5 years. After 5 years will be subject to periodic interest rate adjustments.
If Subprime worth U.S. $ 1.5 trillion alone makes the world in shambles, can imagine what would happen if the product the customer was Alt-A and Option ARM are also not able installments after an adjustment of interest rates that will occur mid-year 2010. Commercial property loans are showing signs of collapse. For the record, the value of commercial real estate loans in the U.S. reached U.S. $ 3.5 trillion.
Read More....Friday, February 12, 2010
Stock Rise
China's producer prices in the first months of 2010 rose 4.3 percent, the biggest since October 2008. Based on data reported by central banks, money supply increased 26 percent from the previous month.
Japanese Stock Exchange rose for the second time the stock was driven Asagi Glass and Pacific Metals Co.. Who won the increase in profits and positive sentiments from the European Union that will help resolve debt Greece.
Asahi Glass’s shares, a glass manufacturer number 1 in Japan jumped 6.9 percent after annual profit increases and Pacific Metals, a producer of ferronickel and GS Yuasa Corp. get a 7.3 percent projected profits shot.
Stock-commodity-based stocks also experienced a strengthening than today's Nikkei 225 closed up 128.20 pts, or 1.29 percent up to 10,092.19 and the Topix index added 1 percent to 892.16.
Wall Street in trading Thursday (11/02) New York time to fly again supported by positive sentiment from the European Union promised to help Greece in its debt problems. Injections of the U.S. labor market was also able to increase investor interest back into the stock so that the Dow Jones industrial average rose 105.81 yesterday closed up 1.05 pts per cent to 10,144.19 and the Standard & Poor's Index `s 500 increased 10.34 pts or up 0.97 percent to 1078.47 and the Nasdaq index up 29.54 pts or 1.38 percent increase to 2177.41.
Read More....Tuesday, February 9, 2010
Why all stock markets in the world decline?
China getting worried about the danger of inflation that led to the implementation of monetary policy. China tight the credit limit and increased its compulsory deposits minimum.
U.S. President Barrack Obama plan to separate banking industry from hedge fund. Obama plans to separate banking industry that have, sponsor, and have relation with hedge fund.
Hedge fund like, investing money in stock, debt, and commodities. Price is going UP SIDE DOWN.
With this two plan all stock market in the world go down. People get worried, many analysts say that in 2010 there will be economy recovery. BUT they all getting doubt. DOWN OR RECOVERY. Becarefull its really dangerous.
Look below DOW JONES Technical Analysis.
-Dow Candle broke down moving average 30, 40, 60 days.
-Moving average form DEAD CROSS.
-RSI, SOTCHASTIC, MACD ARE IN NEGATIVE TERITORRY.
-DANGER DANGER two lines from momentum 200days getting closer each other, if green line crossed down blue line. SELL ALL UR STOCK. ITS BIG BEAR TREND.
MY SUGGESTION STILL WATCH DONOT BUY ANYTHING OKEY!!
Read More....Saturday, January 23, 2010
DOW JONES INDUSTRIAL IN BEAR
BEARISH IS COMING
First check Dow Jones Industrial chart that indicate BEAR TREND:
1.Three RED Soldier candlestick. Go down very fast.
2.Candlestick break DOWN its moving average 30 , 40, and 60 days just in one DAY.
3.MACD signal go down.
4.Relative Strength Index go break 50% line. RSI is one of SUPPORT line.
5.Stockhastic go down.
6.Just Momentum 200 days that indicate for long investment dow jones still in BULL position.
Fundamental
BANK, Five banks in Florida, Missouri, New Mexico, Oregon and Washington, lifting the total number of failures this year to nine as financial institutions struggle with loan defaults and a weak economy. The FDIC and Bond Street lost most of it asset. Bank of Leeton, Charter Bank, Evergreen Bank, and Columbia River Bank all lose it assets.
Crude oil slumped 4.9 percent to a one-month low amid speculation China. Now 74$/barrel and still go down till under 60$
Goods from China flooding the American.
AGENDA
27 January, FED held a meeting to determine interest rates.
This week are reports on new and existing home sales in December and January consumer confidence.
Wednesday, January 20, 2010
January 20 th news
CHINA stock slide, enlarge the Shanghai Composite Index corrected during this week, after regulators declared a national bank's credit limit is reached and signals the government would rein in providing stimulus and rearrange the provision of credit.
INDONESIA, Coal sales volumes of PT Bumi Resources Tbk (BUMI) during the year 2009 increased about 12.81 percent. Increased sales volume was supported also by the growth of coal production company about 6.89 percent from the previous year. BUMI Coal production in 2009 : 62 million tons or 4 million ton increase from the year 2008 58 million tons.
While sales in 2009 of BUMI coal recorded at 58.1 million tons, up 6.6 million tons compared to the year 2008 as many as 51.5 million ton. Still keep increase about 10% in this year.
Indonesia car sales during 2009 decreased by 20% from 607,805 units in 2008 to 486,061 in 2009.
Thus the data received from Gaikindo Antara on Tuesday(20 january 2010). From these data appear monthly car sales during 2009 has decreased compared to the sales per month in 2008. Only the last two months of car sales in November and December 2009, which exceeded sales of cars in the same period in 2008. But overall, car sales fell 20% in 2009 compared to 2008.
In this year Astra international Tbk (ASII) make prediction that car sales in 2010 increase about 20%. This based on an increase sales from November an December 2009, which will continue to increase in 2010.
Monday, December 28, 2009
December Issues
Indonesia Stock Exchange (BEI) delisting 11 issuer stocks in 2009. Like :
1. PT Jaka Inti Realtindo Tbk (JAKA)
2. PT Apexindo Pratama Duta Tbk (APEX)
3. PT Bukaka Teknik Utama Tbk (BUKK)
4. PT Courts Indonesia Tbk (MACO)
5. PT Jasa Angkasa Semesta Tbk (JASS)
6. PT Sara Lee Body Care Indonesia Tbk (PROD)
7. PT Sekar Bumi Tbk (SKBM)
8. PT Singleterra Tbk(SING)
9. PT Tunas Alfin Tbk (TALFA-TALFB)
10. PT Daya Sakti Unggul Corporindo Tbk (DSUC)
11. PT Infoasia Tbk (IATG).
Most of them faced financial problems and then they bankrupt. There are also companies whose shares are closed for the public and go private.
Research done by JP Morgan Securities Indonesia said that BUMI (PT Bumi Resources tbk) price should be 4000 per lot. If Bumi exposed tax problem, it’s price just down to 3500. The new target price determined based on the projected price of coal in 2010 at the level of U.S. $ 80 per ton. That can increase Bumi income next year at U.S. $ 4639 billion.
Buy BUMI for longterm is not good and bad choice, just ordinary. My suggestion choose PTBA or ITMG, if BUMI can reach twice than it’s price now, so they will be. They have good fundamental and management.
But all it’s UP TO YOU.
Read More....Friday, December 4, 2009
United States Economy less stable!!
United States, The process of recovery in the United State is showing that less stable, it reference with the labor and unemployment condition. This condition is unfinished business from US government, so with this problem are still open the possibility for the US economy. This news come from THE FED.
So far the economy recession in US have caused 7,3 million people getting unemployment. Unemployment rate reach 10,2% in October. And its still increase till 11% next year although US economy in recovery phase. This data came from US labor department.
Indonesia (3 December 2009), Bank of Indonesia decided to keep its interest BI rate at level 6.5% at the end of 2009. Indonesia’s economy in 2009 showed that resistance was strong enough to face the global economic crisis. Bank Indonesia estimate that in 2009 economy would grow by 4,3%. In 2010 grow would grow 5%.
Capital market supervisory and financial institution or Badan pengawasan pasar modal dan lembaga keuangan (Bapenpam-LK) immediately issued a rule that loosened limits the maximum issuance of new shares (Rights issue) without Right Preemptive or Hak Memesan Efek terlebih dahulu (HMETD) that new rule will give facilities for company which throw its share to the public through stock market.
Bapenpam will release new rule that contain new long investment contract, to reduce disputes between investors and investment intermediaries. With the new rules, Bapenpam has the authority to cancel an investment contract if it does not meet the specified standards.
I sold my stock because the political situation is not in good condition, like what I mentioned ABOVE.
MY MONEY NOW RP 9.592.035
ANTM 10 lots at price 2350.
SELL ANTM
10 Lots at price 2400=10 x 500 x 2400 = 12.000.000 + (0.004 X 12.000.000)= 11.952.000
MY STOCK NOW
NULL
MY MONEY NOW RP 21.544.035
Read More....Monday, November 30, 2009
NOVEMBER NEWS
European union economy bounce back with the recovery signal based on data from EUROSTAT (November 09). This condition indicated by increasing The annual inflation that reached 0.6% on November. This exceeds the analyst estimate that the annual inflation exceeds 0.5%. it will give a good impact for the European economy.
Dubai, concern in credit crunch will affect the economic conditions of other countries and uncertainty of how much exposure of U.S banks in Dubai. Dubai world’s debt isn’t guaranteed by the government. More news here http://www.bloomberg.com/apps/news?pid=20601087&sid=aFxSdvgvqhps&pos=1.
U.S stock index will still positive with optimistic about holiday sales season on December.
Indonesia, with the problem of CENTURY Bank will bring a number of government officials into court. Finance minister Sri Mulyani and Vice president Boediono will be guided by some politic parties to resign from his or her position. This problem is also related to the diversion of funds by Century Bank. One billion rupiah ran on the hands of partai Demokrat which carried Susilo Bambang Yudhoyono as President. This BAD NEWS can be BAD to invite foreign investors.
MY suggestion dont put all your money at IHSG(Indonesia stock exchange)!! At least 50% you hold.
Tuesday, February 24, 2009
THE BIGGEST BEAR!!!
WORLD NEWS
Japan Stock Exchange today (24 February) decreased due slumped Nomura Holdings stock. Nomura Holdings shares weakening because of the financial reports that the company would increase stock prices, with a total of all nominal shares worth 3.3 billion dollars. The policy is the first time in the last 20 years.
THE MAINLY PRESSURE come from the technology sector after Morgan Stanley predicted a lower PC sales for 2009 and 2010, caused by a decrease in prices and weak demand. Hewlett Packard slumped to level of 6.3% to $ 29.28; Intel weakened 5.5% to $ 12.08 level, and Apple down 4.66% to $ 86.95 level.
AIG likely to go bankrupt if no more funding from the government. AIG needs additional funds to operate.
TECHNICAL ANALYSIS for DOW JONES INDUSTRIAL!!!
Check picture!!
I already told you before at 16 February, that DOW will slumped and it TRULLY HAPPENED. Check here!!
1.MA ( Moving Average )30 and MA40 already crossed by candlestick from top to bottom.
2.Already DEAD CROSS!!
3.Now its Moves DOWNSIDE THE BOX or under 7941 point, VERY-VERY DANGEROUS SITUATION!!
4.RSI(Relative Strength Index) reach 30%!!
5.CCI(Commodity Channel Index) now below in -150 line!!!
6.THREE RED SOLDIER, that indicate BEAR!!
JUST WAIT N SEE, keep your money!!
Read More....
Monday, February 16, 2009
DANGEROUS BEARISH
FUNDAMENTAL ANALIYSIS!!!
News from Bloomberg
WORLD - Finance chiefs from the Group of Seven nations joined the chorus of
The G-7 finance ministers and central bankers want Geithner, 47, to tackle a
The group said it rejected protectionism even amid signs some of its members are shielding their industries to the detriment of rivals. The statement softened previous calls for
Legal & General Group Plc dropped almost 6 percent on speculation the insurer is in talks with the Financial Services Authority over the amount of money it should set aside for defaults in its bond portfolio. Takefuji Corp. slid 9.5 percent after
TECHNICAL ANALYSIS for DOW JONES INDUSTRIAL!!!
2.Already DEAD CROSS!!
3.Now its Moves DOWNSIDE THE BOX or under 7941 point, VERY-VERY DANGEROUS SITUATION!!
4.RSI(Relative Strength Index) line moves below 50%, will reach 30%!!
5.CCI(Commodity Channel Index) still below in -100 line!!!
MY SUGGESTION DO NOT BUY ANYTHING UNTIL REACH 8385 POINT!!!
TOMMOROW I WILL SELL MY ANTM STOCKS BECAUSE it already moved below MA30!!
Sunday, February 8, 2009
HOLD n WAIT FOR BAILOUT PLAN!!
Click Picture to Enlarge!!
FUNDAMENTAL ANALYSIS!!
US - Wall Street financial gain strong gain after the analyst reports that the concerns of the Bank of America does not make sense, because The CASH flow IS Positive and threatened not to go bankrupt.
Overall, the stock market GAIN triggered by hope that the economic stimulus of $ 937 billion is now being discussed by the Senate and the program 'bad bank' plan which will be disclosed MINISTER OF FINANCE Timothy Geithner on the upcoming Monday. BULL market rally this time occurred in the midst of indications that the
Outlook BAD corporation can also be seen from the Hartford Financial record loss,
2.CANDLESTICK already crossed middle line of Bollinger Band!!
3.CCI (Commodity Channel Index) will reach -100!!
4.RSI (Relative Strength Index) at 50%!!
5.Volume getting HIGHER
It will BULL!!!
Wednesday, February 4, 2009
World News, Analysis and Bad Volume
Click Picture to Enlarge!!!
FUNDAMENTAL ANALIYSIS!!!
US – There is a sign of recovery in the property sector, where pending home sales jumped 6.3% in December, which is the first time since August.
WASHINGTON (CNN) -- Executives of companies receiving federal bailout money will have their pay capped at $500,000 under a financial compensation plan that President Barack Obama is expected to announce Wednesday, two senior administration officials said.
Under the president's plan, companies that want to pay their executives more than $500,000 will have to do so through stocks that cannot be sold until the companies pay back the money they borrow from the government, according to administration officials.
U.S. Companies Cut 522,000 Jobs in January, Fewer Than Estimated!!
TECHNICAL ANALYSIS!!!
1.MA30 and MA40 already crossed by candlestick from top to bottom.
2.Now its reaching MA60, if moved below it IT BEAR TIME.
3.RSI(Relative Strength Index) line moves below 50%!!
4.CCI(Commodity Channel Index) still in -100 line!!!
5.THE MOST IMPORTANT THING IS THE VOLUME IS HALF THAN THE AVERAGE.
Wednesday, January 28, 2009
World News TRY TO BULL??
(Bloomberg)
The U.S. Federal Reserve will refrain from raising interest rates from record lows when it finishes a meeting today, futures contracts on the Chicago Board of Trade indicate.
Fed Chairman Ben S. Bernanke trimmed the target for overnight lending between banks to a range of zero to 0.25 percent at the previous policy meeting on Dec. 16 to help unclog credit markets.
INDONESIA-Different with
Lack of Positive sentiment in
Investors worry again about failed to pay epidemic potential derivative products, it will be crawling on the national banking system.
Tele communication Indonesia (TLKM) minus -2.3% to Rp 6,350 because the company estimated profits down despite increase in revenue growth record is thin.
United Tractor (UNTR) down 2.9% to Rp5.000, child sponsorship business UNTR, Pamapersada get a Coal contract extension from Kideco can not afford lift shares in the business of moving this heavy equipment.
Gas Negara (PGAS) immediately closed down 2.4% at Rp2.025, after PGAS potential losses due to record foreign exchange transactions.
Thursday, January 22, 2009
DOW IS BEARISH POSITION
FUNDAMENTAL
(Bloomberg) The
(MarketWatch) Construction on new homes took another turn for the worse in December, falling more than 15% to a seasonally adjusted annual rate of 550,000, the lowest on record, the Commerce Department reported Thursday.
Permits to build single-family homes fell 12.3% to a record-low 363,000 in December, while total permits including apartments dropped 10.7% to a 549,000 annual rate, also a record low. Building permits are considered a more reliable guide to the state of the housing market, because they are less affected by weather conditions than the housing starts figures.
The report was much worse than expected for the second consecutive month. Economists surveyed by MarketWatch were looking for a smaller drop to an annual rate of about 600,000, thinking that November's 15% decline in starts wouldn't be repeated.
(New York Times) The Microsoft Corporation, the software company, said Thursday that it would cut 5,000 jobs, about 5 percent of its work force, fallout from a slowdown in sales brought on by the global recession.
The company also reported that its profit in the second quarter declined 11 percent.
“While we are not immune to the effects of the economy,” the chief executive, Steven A. Ballmer said Thursday in the company’s earnings report.
Microsoft also reported second-quarter net income of $4.17 billion, or 47 cents a share, compared with $4.71 billion, or 50 cents, in the quarter a year earlier. Sales were $16.6 billion in quarter. Wall Street had expected earnings of 49 cents a share on sales of $17.1 billion.
TECHNICAL Click Picture to ENLARGE!!
BEARISH TREND
1.RSI below 50%.
2.CCI below -100.
3. Far below MA30, MA40, and middle Bollinger Band.
SO MY SUGGESTION DO NOT BUY ANY STOCKS RIGHT NOW!! JUST SLEPP
Read More....
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