Berita pagi Rabu 22 Juni 2011

DBS Inst Sales " JSX would likely to move in the up trend in the rest of this week. The technical rebound of most blue chip stocks might enable it.
But this week rally might be considered as the opportunity to take the profit on several counters as next week there would be another uncertainties that come from end of QE2 programs and the impact of budget cut in European countries to the economy growth.
If there are another pull back next week, we might consider it as the opportunity to buy back the stocks as there would be greater possibility for JSX to have the rallies on first 2-3 weeks of July (3900-4000 ??)
The U.S earning season, at least, would help the U.S market to not slide on the first half of July (either it consolidate or make the rallies). It would help JSX to make the rallies.
But after  the sentiment form the earning season starting to end, the last week of July there might be another negative catalist that should be factored by the global equities: U.S budget cut and increasing debt without increasing interest rate.
The plan of U.S gov to increase their debt need the budget cut as its primary requirement. It might create another growth slow down. In the other side the plan to increase the debt without increasing the interest rate might keep USD lower, it could push the oil price to increase as the there might be excessive 'hedging' activities.
After those above factors are priced in the next lower index level might help more solid rally on JSX to factor good companies performances and prospect. The solid 4000s level on JSX might be achieved on Q4."
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Wednesday Early BIRD Edition (Edwin Sebayang-MNC Securites)..

BUY..BUY..BUY...itu adlh kalimat pertama saya dlm edisi Early BIRD pagi ini setelah Pemerintah Yunani baru saja memenangkan voting Mosi Percaya utk menghindari default shg ini mjd faktor positif pendorong Bursa Indonesia kembali menguat dlm perdagangan Rabu (22/6) & akan dgn mudah melewati level 3800 kembali , serta didorong penguatan Dow Jones 4 hari berturut-turut +293 poin, diikuti turunnya CBOE Volatility Index (Indeks Ketakutan Investor) sebesar -7% serta didorong naiknya harga oil (+0.2%), gold (+0.33%), tin (+2.62%) dan nickel (+0.92%).

Wall Street kembali NAIK dlm perdagangan Selasa (21/6) dimana Indeks Dow Jones naik +0.91%, shg selama 4 hari berturut-turut Dow naik +293 poin, setelah data penjualan Existing Home turun mjd 4.81 juta, atau lebih kecil dari perkiraan awal 4.88 juta, dan semakin jauh lebih kecil dari periode sebelumnya 5.05 juta diikuti kembali turunnya The CBOE Volatility Index (VIX), diperdagangkan dibawah level 19, jauh dibawah level tahun 2008 yang mencapai 30 s/d 40, ditengah ekspektasi Yunani bisa terhindar dari default sampai tgl 3 Juli sebelum dikucurkannya dana talangan Euro 120 milar.

DOW 12190.01 +0.91%
NAS 2687.26  +2.19%
S&P 1295.52 +1.34%
OIL 93.80  +0.18%
GOLD 1547.10  +0.33%
NICKEL. 21900.  +0.92%
TIN.25450.  +2.62%
CPO.3240.   +1.09%
TLK 33.01  (7095 )
IIT.29.97  (5150)

Wed IDX Range: 3775-3815

BUY:  ASII, PTBA, BBRI, BMRI, ITMG, UNTR, ASII, TLKM, HRUM, AKRA, BJBR, INTA, ASRI, INDF, INDY  (ES-MNC Securities/Disclaimer On)