Global Update:

August 19th, 2022

Good morning,

S&P 500 and Nasdaq end Thursday slightly higher as summer rally struggles

The S&P 500 and Nasdaq Composite rose slightly higher Thursday as traders fought to resurrect the recent market rally that slowed earlier this week.

Dow…….33999 +18.7 +0.06%
Nasdaq.12965 +27.2 +0.21%
S&P 500..4284 +9.7 +0.23%

FTSE…….7542 +26.1 +0.35%
Dax……..13697 +70.7 +0.52%
CAC……..6557 +29.1 +0.45%

Nikkei….28942 -280.6 -0.96%
HSI……..19764 -158.5 -0.80%
Shanghai..3278 -14.98 -0.46%
ST Times..3273 +10.7 +0.33%

IDX…….7186.56 +53.10 +0.74%
LQ45…1026.33 +9.98 +0.98%

IDX Energy…1815.37 +21.75 +1.21%
IDX Bsc Mat.1316.28 -7.58 -0.57%
IDX Industrl..1330.62 +15.07 +1.15%
IDXNONCYC..711.71 +6.77 +0.96%
IDX Hlthcare.1399.57 -6.78 -0.48%
IDXCYCLIC…..892.55 +2.26 +0.25%
IDX Techno..8052.49 -32.67 -0.40%
IDX Transp…2086.72 +6.03 +0.29%
IDX Infrast…..1044.49 -2.28 -0.22%
IDX Finance 1512.23 +3.31 +0.22%
IDX Banking..1151.40 +3.87 +0.34%
IDX Property…. – – -%

Indo10Yr….7.1515 +0.0021 +0.03%
ICBI……..336.3969 +0.1131 +0.03%
US10Yr…..2.8800 -0.0130 -0.45%
VIX………….19.56 -0.34 -1.71%

USDIndx 107.4840 +0.9100 +0.85%‼️
Como Indx..290.33 +1.46 +0.51%
(Core Commodity CRB)
BCOMIN…..156.40 -0.02 -0.01%
.
IndoCDS…107.30 +5.70 +5.61%‼️
(5-yr INOCD5)

IDR……14836.50 +68.50 +0.46%
Jisdor..14822 .00 +55.00 +0.37%

Euro………1.0089 -0.0090 -0.88%

TLKM……..30.80 +0.10 +0.33%
(4565)
EIDO………23.86 +0.02 +0.08%
EEM………40.45 -0.23 -0.57%

Oil…………..90.63 +3.13 +3.58%‼️
Gold ……..1772.50 -5.30 -0.30%
Timah. .24660.00 +60. 00 +0.24%
( Closed 17/8)
Nickel….21783.00 -188.50 -0.86%
(Closed 18/8)
Silver…….19.55 -0.30 -1.51%
Copper….364.90 +6.15 +1.77%

Nturl Gas…..9.172 -0.034 -0.37%

Ammonia….3750.00 unch +0%
China
(Domestic Price)(17/8)

Coal price….413.90 unch +0%
(Agt/Newcastle)
Coal price….435.00 -1.90 -0.43%
(Sept/Newcastle)
Coal price….426.30 -2.30 -0.54%
(Okt/Newcastle)
Coal price….365.00 +5.25 +1.46%
(Agt/Rotterdam)
Coal price….379.10 +3.70 +0.98%
(Sept/ Rotterdam)
Coal price….370.30 +3.70 +1.01%
(Okt/Rotterdam)

CPO(Nov)……4047 -153 -3.64%
(Source: bursamalaysia.com)

Corn………..615.75 +3.75 +0.61%
SoybeanOil…64.27 -1.33 -2.03%
Wheat………749.00 -31.50 -4.04%‼️

Wood pulp…6700.00 -10 -0.15%
(Closed 18/8)

©️Phintraco Sekuritas
Broker Code: AT
Desy Erawati/ DE

Source: Bloomberg, Investing, IBPA, CNBC, Bursa Malaysia
Copyright: Phintraco Sekuritas

US lanjut ijo walau menipis, europe ijo, asia cuma IHSG sama Strait Times yang ijo, yang lain merah

Minyak rebound tapi masih dibawah 100 USB/barrel, coal tipis2 tapi masih tinggi di 413 usd/MT, metal2 ga kompak lagi, gold nickel silver turun, tin copper naik, gas turun tipis. Ga ada yang terlalu gimana gimana

Coal trend masih menguat sih, energy kayanya mau re-emerge jangka pendek. Issue batere belum digoreng lagi, tapi ga bikin ANTM INCO TINS dibanting juga, masih lingering aja

Kemarin IHSG ijo tebel, closing di atas candle yang tadinya dikira jadi titik high wave 1. Ternyata wave 1 nya masih mau lanjut, atau bisa jadi market maker mau bikin FOMO trap doang biar pada nyangkut.
Technically titik high wave B tanggal 9 juni 2022 jadi resistance kuat, kita taro jadi forecast ujung wave1 ya. Harus breakout dengan vol gede kalo index beneran mau rally long bullish… Mungkin saja sih, market discounts everything

IHSG – cuma stoch yang says down, yang lain memang masih up, even FNB dan bandarmology

Finance masih loyo, ini faktor utama kenapa saya masih berpikir sulit mau langsung long rally, big caps kebanyakan bank, kalo mau lari ya harusnya kaya kemaren-kemaren BBCA BBRI BMRI konsisten naik. Sekarang karena make GOTO melulu naikin index nya, jadi keliatan maksanya

Tinggal Property, infra cacing RSI nya mulai drop, consumer kemaren terutama ayam-ayaman kenceng, emang kebaca next consumer non-cyclicals, cyclicals sama healthcare