Dec 28, 2011

Stock recommendations today

The markets ended the trading day little changed, while crude oil prices jumped 1.7% to the highest level in more than a month. 
The Dow Jones Industrial Average, as quoted by, fell 2.7 points, or 0.02%, to 12,291, the S&P 500 gained 0.1 point, or 0.01%, to 1,265 and the Nasdaq Composite rose 6.6 points, or 0.25%, to 2,625.
Trading was quite subdued on the day. In fact, the Dow traded in a 58.5-point range on Tuesday -- the lowest since July 20. The modest loss, however, snapped the blue-chip average's winning streak. The broader S&P 500 managed to eke out a very slight gain, ending in the green for the fifth-straight session.
How about Indonesia stock market today? Bisnis Indonesia provides recommendations:
Reliance Securities:Jakarta Composite Index (JCI) tends to decrease today with a limited support level at 3,705. The resistance level is 3,803. Investor is advised to distribute risks until the rebound pattern arise.
e-Trading Securities:
The JCI today may move within the range of 3,748-3,821. Several stocks to watch: AALI, ADRO, and INCO.

Sinarmas Sekuritas:
Technically, the JCI today may move in mixed position within the range of 3,763-3,810. Several stocks for day trading are AALI, TLKM, PTBA, and ROTI.

Disclosure: No position at the stock mentioned above.

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