Daily Analysis 20221201

December 01st, 2022

Good morning,

S&P 500 ends 3-day losing streak. Dow jumps 700 points after Powell signals smaller rate hikes

Stocks saw broad gains Wednesday after Federal Reserve Chair Jerome Powell confirmed that the central bank will slow the pace of its aggressive rate-hiking campaign that has weighed on markets.

*Dow…….34590 +737.2 +2.18%*
*Nasdaq.11468 +484.2 +4.41%*
*S&P 500..4080 +122.5 +3.09%*

FTSE…….7573 +61.1 +0.81%
Dax……..14397 +41.6 +0.29%
CAC……..6739 +69.6 +1.04%

Nikkei….27969 -58.9 -0.21%
HSI……..18597 +392.6 +2.16%
Shanghai..3151 +1.6 +0.05%
ST Times..3290 +14.1 +0.43%

IDX…….7081.31 +69.24 +0.99%
LQ45….1008.28 +13.06 +1.31%

IDX Energy..2078.75 +6.79 +0.33%
IDX Bsc Mat.1284.28 +3.93 +0.31%
IDX Industrl..1246.26 +7.94 +0.64%
IDXNONCYC..744.99 +6.54 +0.89%
IDX Hlthcare.1537.02 +18.24 +1.20%
IDXCYCLIC…..894.72 +4.05 +0.45%
IDX Techno….5896.76 -108.60 -1.81%
IDX Transp…1775.28 -2.37 -0.13%
IDX Infrast……894.06 -1.51 -0.17%
IDX Finance 1509.34 +26.69 +1.80%,
*IDX Banking 1231.39 +33.53 +2.80%‼️*
IDX Property….718 +2.80 +0.39%

*Indo10Yr….7.1218 -0.0308 -0.43%👍*
*ICBI……..341.9633 +0.8271 +0.24%👍*
*US10Yr..3.7030 -0.0450 -1.22%*
*VIX……20.58 -1.31 -5.98%*

*USDIndx..106.0250 -0.8060 -0.75%*
Como Indx..279.76 +4.24 +1.54%
(Core Commodity CRB)
*BCOMIN……162.30 +4.19 +2.65%*
.
*IndoCDS..105.25 – -%*
(5-yr INOCD5) *(07/11)*

*IDR……15731.50 -11.00 -0.07%‼️*
*Jisdor..15742.00 +5.00 +0.03%‼️*

*Euro……..1.0408 +0.0079 +0.76%👍*

TLKM……..25.48 +0.37 +1.47%
*(4011)*
EIDO………23.77 +0.46 +1.97%
*EEM……….38.52 +1.11 +2.89%*

*Oil………….80.55 +2.35 +3.01%‼️*
Gold ……1759.90 -3.80 -0.22%
Timah…..22788 +434.00 +1.94%
*(Closed 29/11)*
Nickel…26928.50 +59.00 +0.22%
*(Closed 30/11)*
Silver………21.78 +0.35 +1.61%
Copper…..373.80 +9.85 +2.71%

Nturl Gas…..7.274 -0.055 -0.75%

Ammonia..4623.33 +33.33 +0.73%
*China*
(Domestic Price)(29/11)

*Coal price….398.50 +11.10 +2.87%*
(Dec/Newcastle)
*Coal price….389.00 +15.50 +4.15%‼️*
(Jan/Newcastle)
*Coal price….379.50 +14.25 +3.90%‼️*
(Feb/Newcastle)
*Coal price….279.00 +19.00 +7.31%‼️*
(Des/Rotterdam)
*Coal price….283.95 +23.45 +9.00%‼️*
(Jan/ Rotterdam)
*Coal price….282.90 +24.50 +9.48%‼️*
(Feb/Rotterdam)

Coal(ICI 4)…..89.80 – -%
Indonesial Coal Index (17/11)

CPO(Feb)……4236 +15 +0.36%
(Source: bursamalaysia.com)

Corn………….667.00 -2.50 -0.37%
SoybeanOil…71.88 -1.10 -1.51%
Wheat………795.50 +14.00 +1.79%

Wood pulp…6590.00 unch +0%
(Closed 30/11)

©️Phintraco Sekuritas
Broker Code: *_AT_*
_Desy Erawati/ *DE*_

*Source*: Bloomberg, Investing, IBPA, CNBC, Bursa Malaysia
_Copyright: Phintraco Sekuritas_

Ijo semua kecuali IHSG sama Nikkei, US ijo tebel abis pengumuman akan slow down kenaikan suku bunga fed. Bagus buat saham overall

Coal lanjut naik tinggi, metal metal ijo kecuali gold, oil rebond, gas koreksi tipis, CPO ijo tipis, masih bullish baru di coal. Banks keliatan di gas, mau mulai santa claus rally? Probably

IHSG – bener bener dibawa sideways, foreign masih net buy terus, optimis tinggal tunggu breakout

 

Energy, Healthcare, Property, disusul Industrials sama Consumer Non-Cyclicals dan Consumer Cyclicals, Basic Materials mulai gerak, ini kalo Financials lanjut firm jadi semuanya jalan, index lari lagi.

Stoch Buy Signal: AMRT ANTM HRUM INKP MEDC TPIA WIKA ISAT LPKR MTDL MBSS

MACD Buy Signal: AMRT BBNI BBTN BFIN BMRI ICBP INCO TLKM WIKA AALI DOID HEAL MTDL PRDA

Karena banyak, jadi selected review aja ya

AMRT – PER udah diatas 40, skip…

ANTM – stoch buy macd dikit lagi, FF BD akum, MFI sw, ret pattern mantul dari fib 23, cross up LR midline, hari ini closing gap, harusnya kemaren sore ini buy nya, masih ada satu gap di atas, harusnya tapi emang otw fibo 61, BOW

INKP – stoch buy, MACD dikit lagi, FF BD Akum, ret pattern otw fibo 61, lr up, BUY

MEDC – stoch buy macd belum, FNB, BD dist, harusnya ini wave 5, LR bagus mantul, ada gap jauh di bawah, skip tapi, oil belum steady up, dan keliatan wave 5

TPIA – stoch buy, macd masih up, MFI down, FNS terus, BD akum tipis, oil price kemaren turun TPIA cuek, sideways terus, WNS dulu deh

WIKA – menarik ditunggu, ada gap di atas, reg bul kecil confirmed by MA10, stoch buy, macd bolak balik, WNS dulu deh, higher low nya belum terlalu set ini, kurang tinggi naiknya untuk dibilang koreksi bikin higher low

ISAT – masih jelek, skip

MBSS – menarik, stoch udaj buy, bandar sama foreign masih dist, MFI udah naik, vol udah mulai rame, tunggu breakout aja, sambil tunggu MACD deh. Keliatannya mulai bisa ditarik elliot wave ini MBSS

Banks liat BBTN aja ya, BBNI BMRI BBCA udah pasti ok lah buy duluan kemaren
BBTN – stoch up macd buy fnb terus, bandar bolak balik, masih nahan harga ga lari kayanya, PBV PER paling rendah dibanding Bank BUMN lain, ret pattern mantul di fibo 23, vol profile bikin resistance di 1675sama 1775. menarik, dan ok buat BUY, yang ga masalah sama bank konven that is…

ICBP – mungkin bukan saat paling bagus buat entry, tapi technically lagi buy momentum… ada MACD buy dan breakout ascending triangle, ini lagi wave 3 tapi belum sampe level target udah ketemu bearish divergence, so yang mau buy pantau ketat. jangan main gantung tanpa stoploss. Sektor mulai jalan jadi ok, bd ff juga akum.

TLKM – technically ok tapi FF masih dist, BD juga, so, yang mau bottom fishing udah ok, vol breakout udah juga, yang main aman tunggu MA10