Jan 9, 2012

Stock recommendations today

The markets kicked off 2012 in a cheery mood, rallying more than 1% this week as traders reacted to an abundance of positive data on the economy, but European woes stilled weighed heavily on traders' sentiment.
The Dow Jones Industrial Average, as quoted by foxbusiness.com, on Friday last week fell 55.8 points, or 0.45%, to 12360, the S&P 500 dipped 3.3 points, or 0.25%, to 1278 and the Nasdaq Composite rose 4.4 points, or 0.16%, to 2674.
Despite Friday's weak performance, the Dow climbed 1.2% for the week, the S&P 500 jumped 1.6% and the Nasdaq zoomed 2.7% higher.
How about Indonesia stock market today? Bisnis Indonesia provides recommendations:

Sinarmas Sekuritas:
Technically, Jakarta Composite Index (JCI) may move within the range of 3,820-3,900. The announcement of payrolls data and unemployment rate in the US will influence the stock markets movement. Several stocks for day trading: BDMN, GEMS, BSDE, and TOTL.
e-Trading Securities:The JCI today may move within the range of 3,821-3,907. On last Friday, the JCI fell 0.94% to 3,869.41 with a total transaction value of Rp3.34 trillion.
 
Disclosure: No position at the stock mentioned above.

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