Daily Analysis 20240712

July 12th, 2024

Good morning,

Stocks fall from records as Tesla, Nvidia lead tech sell-off

US stocks rolled over on Thursday as investors rotated out of tech after a key inflation report showed consumer prices unexpectedly fell on a month-over-month basis for the first time since 2020.

Dow……39754 +32.4 +0.08%
Nasdaq18283 -364.04 -1.95%
S&P 500.5585 -49.4 -0.88%

FTSE…..8223 +29.8 +0.36%
Dax……18535 +127.3 +0.69%
CAC……7627 +53.6 +0.71%

Nikkei..42224 +392.03 +0.94%
HSI……17832 +360.7 +2.06%
Shanghai.2970 +31.02 +1.06%

IDX….7300.41 +13.37 +0.18%
LQ45..915.36 +3.03 +0.33%
IDX30.455.86 +0.48 +0.11%

IDXEnergy..2427.34 +7.70 +0.32%
IDX BscMat1388.84 +2.87 +0.21%
IDX Indstrl.1011.60 -2.39 -0.24%
IDXNONCYC.712.45 +2.24 +0.32%
IDX Hlthcare1428.92 -5.17 -0.36%
IDXCYCLIC…741.43 +4.40 +0.60%
IDXTechno3293.55 +21.59 +0.66%
IDX Transp 1327.02 +26.29 +2.02%
IDX Infrast 1595.06 +13.29 +0.84%
IDX Finance1387.39 -0.16 -0.01%
IDX Banking1228.89 +3.01 +0.25%
IDX Property…..616 – -%

Indo10Yr.7.0513 -0.0078 -0.11%
ICBI…381.5177 +0.2896 +0.08%
US2Yr.4.515 -0.109 -2.36%👍
US5Yr 4.144 -0.093 -2.19%👍
US10Yr4.209 -0.071 -1.66%
US30Yr.4.423 -0.074 -1.05%
VIX..12.92 +0.07 +0.54%

USDIndx 104.4400👍 -0.608 -0.58%
Como Indx….290.41 +0.70 +0.24%
BCOMIN…… 151.00 -1.50 -0.98%

IndoCDS..72.73 -0.98 -1.33%
(5-yr INOCD5) (10/07)

IDR…..16194.50❗️ -46.00 -0.28%
Jisdor.16200.00❗️ -56.00 -0.34%

Euro…1.0868 +0.0035 +0.32%

TLKM…19.58 +0.25 +1.29%
( 3172)
EIDO….20.29 +0.12 +0.57%
EEM…..44.33 +0.27 +0.60%

Oil…….82.95 +0.56 +0.68%
Gold…..2418.20 +39.90 +1.68%
Timah..34666.00 -341.00 -0.97%
(Closed 11/07)
Nickel..16867.50 +18.50 +0.11%
(Closed 11/07)
Silver….31.63 +0.53 +1.70%
Copper.452.15 -6.95 -1.51%

Iron Ore 62% 108.74 -1.77 -1.60%
(10/07)
Nturl Gas. 2.374 -0.051 -2.32%
Ammonia China 2783.33 -66.67 -2.34%
(Domestic Price)(10/07)

Coal price.133.75 unch +0%
(Jul/Newcastle)
Coal price.134.50 -1.50 -1.10%
(Agt/Newcastle)
Coal price.135.60 -1.45 -1.06%
(Sept/Newcastle)
Coal price 136.30 -0.80 -0.58%
(Oct/Newcastle)

Coal price.102.30 +0.45 +0.44%
(Jul/Rotterdam)
Coal price..102.85 +0.20 +0.19%
(Agt/Rotterdam)
Coal price 103.75 -0.25 -0.24%
(Sept/Rotterdam)
Coal price 104.55 unch +0%
(Oct/Rotterdam)

CPO(Sep)..3935 +17 +0.43%
(Source: bursamalaysia.com)

Corn…..410.75 +3.50 +0.86%
SoybeanOil 46.15 +0.57 +1.25%
Wheat…571.25 +9.75 +1.74%

Wood pulp..5220 -40 -0.76%
(Closed 11/07)

©️Phintraco Sekuritas
Broker Code: AT
Desy Erawati/ DE
Source: Bloomberg, Investing, IBPA, CNBC, Bursa Malaysia
Copyright: Phintraco Sekuritas

DJI ijo tipis, nasdaq drop gara2 tesla dan nvidia, europe ijo, asia ijo, IHSG closing ijo tipis, US bond yield merah dalem, finally koreksi hari ini? harusnya sih nggak ya, kalo liat bond yield, tapi udah rally panjang, bound to pull back anytime soon

USD index merah, metal2 naik kecuali tin copper sama iron ore, oil ijo, gas drop, coal merah, CPO ijo, masih run nya ANTM ini… AALI LSIP semoga lanjut

IHSG – berhasil stay FNB, indicator pada bilang harus koreksi sehat, tinggal tunggu waktu aja. Biasanya gantian nanti yang jalan saham yang kemaren belum, yang udah pada naik giliran istirahat dulu

Industrials, Technology, Basic Materials, Property, Transportation bangun lagi

Stochastic Buy SIgnal: GGRM CFIN ELSA SCMA, Freq Spike ELSA SCMA, GGRM reg bull

MACD Buy Signal: KLBF, freq spike juga

Stochastic Continuation Signal and big accum: BBNI BMRI MBMA. BBNI freq spike, MBMA vol breakout

ELSA – breakout resistance, Stoch buy, MACD up, 833 sell, MFI sw, w% down keluar dari uptrend area, BD malah rec dist tipis, FF rev acc, hmm… agak membingungkan

Ada spike terus jalan, tapi udahan ni keliatannya

Oil price nya MACD Sell signal, bahaya ah… udahan ini kayanya, apalagi index nya udah jenuh

Udah agak jauh diatas average bandar juga, sabar deh, tunggu momentum berikutnya, atau masuk di MEDC or AKRA yang belum jalan

SCMA – mungkin mau complete CNH, tapi pas di neckline ketemu reg bear, FNS, resistance kuat juga, tunggu firm breakout ini baru aman

KLBF – kemaren kejedot di Fibo 23 terus longsor, ketemu bull div mantul, udah 10% jalan, macd baru buy signal, sektor belum jalan, index mau koreksi, agak beresiko sih ngejar di harga sekarang

Nah kan, spike jual

Udah sampe ke atas average bandar, sangat mungkin udahan dulu gerakannya, skip dulu deh

BBNI – sekilas data awal menarik, tapi itu pas sampe di fibo 38 dan ketemu bearish divergence, pas banget buat lanjut koreksi… dengan posisi index kaya sekarang jadi beresiko banget

Spike relatif ok, tapi ga ada yang spesial

Average aman, tapi itu biggest holder buang barang, skip dulu

MBMA – technical sih menarik, tapi itu PER nya very very overpriced… Skip ah