Daily Analysis 20240805
August 05th, 2024
Good morning,
Dow closes down 600 points, Nasdaq enters correction after weak jobs report
Stocks fell sharply on Friday as a much weaker-than-anticipated jobs report for July ignited worries that the economy could be falling into a recession.
Dow…….39737 -610.7 -1.51%
Nasdaq16776 -417.98 -2.43%
S&P 500.5347 -100.6 -1.84%
FTSE…..8175 -108.7 -1.31%
Dax……17661 -421.8 -2.33%
CAC……7252 -118.7 -1.61%
Nikkei..35910 -2216.7 -5.81%‼️
HSI…..16946 -359.5 -2.08%
Shanghai.2905 -27.1 -0.92%
IDX….7308.12 -17.86 -0.24%
LQ45…919.37 -6.14 -0.66%
IDX30.461.45 +6.69 +1.47%
IDXEnergy..2479.49 +19.86 +0.81%
IDX BscMat1360.74 -10.48 -0.76%
IDX Indstrl.1036.58 +0.01 +0.00%
IDXNONCYC.701.00 -4.02 -0.57%
IDX Hlthcare1441.80 -6.55 -0.45%
IDXCYCLIC…764.18 +4.37 +0.57%
IDXTechno.3272.03 -12.19 -0.37%
IDX Transp 1377.07 -14.51 -1.04%
IDX Infrast 1557.37 -11.09 -0.71%
IDX Finance1412.80 -4.35 -0.31%
IDX Banking1259.19 -4.13 -0.33%
IDX Property…..652 +3.10 +0.48%
Indo10Yr.6.9083❗️ -0.0092 -0.13%
ICBI…385.6435❗️ +0.1951 +0.05%
US2Yr.3.878👍 -0.282 -6.78%‼️
US5Yr 3.615👍 -0.229 -5.96%‼️
US10Yr3.792👍 -0.178 -4.48%‼️
US30Yr.4.109 -0.171 -3.99%‼️
VIX..23.39‼️ +4.80 +25.82%‼️
USDIndx 103.2080👍 -1.213 -1.16%
Como Indx….270.13 -3.46 -1.26%
BCOMIN…..138.20 -0.90 -0.66%
IndoCDS..77.20 +2.50 +3.35%‼️
(5-yr INOCD5) (31/07)
IDR…..16200.00❗️ -37.00 -0.23%
Jisdor.16234.00❗️ -9.00 -0.06%
Euro…1.0789 -0.0037 -0.34%
TLKM…17.55 -0.04 -0.20%*
( 2849)
EIDO….20.30 +0.12 +0.57%
EEM……41.60 -0.61 -1.44%
Oil………..76.79 -3.27 -4.25%‼️
(WTI,Nymex)
Oil……….76.81 -2.71 -3.41%
(Brent)
Gold…..2469.80 -19.40 -0.78%
(Comex)
Gold……2443.24 -4.76 -0.19%
(Spot/XAUUSD)
Timah..30188.00 +234.00 +0.98%
(Closed 01/08)
Nickel..16365.50 +130.50 +0.80%
(Closed 01/08)
Silver….28.39 -0.22 -0.77%
Copper.410.30 +3.60 +0.89%
Iron Ore 62% 104.00 +1.17 +1.14%
(02/08)
Nturl Gas 1.978‼️ -0.064 -3.13%
Ammonia China 2346.67 -196.66 -7.73%‼️
(Domestic Price)(01/08)
Coal price.144.10 +1.55 +1.09%
(Agt/Newcastle)
Coal price.145.75 +1.95 +1.36%
(Sept/Newcastle)
Coal price 146.90 +1.65 +1.14%
(Oct/Newcastle)
Coal price.148.40 +1.75 +1.19%
(Nov/Newcastle)
Coal price.121.35 +1.40 +1.17%
(Agt/Rotterdam)
Coal price.122.20 +1.40 +1.16%
(Sept/Rotterdam)
Coal price 121.75 +1.30 +1.08%
(Oct/Rotterdam)
Coal price.121.10 +1.55 +1.29%
(Nov/Rotterdam)
CPO(Oct)..3858 +35 +0.92%
(Source: bursamalaysia.com)
Corn……..403.25 +4.75 +1.19%
SoybeanOil 40.81 -0.64 -1.54%
Wheat…..539.00 +7.009 +1.32%
Wood pulp..5150 unch +0%
(Closed 04/08)
©️Phintraco Sekuritas
Broker Code: AT
Desy Erawati/ DE
Source: Bloomberg, Investing, IBPA, CNBC, Bursa Malaysia
Copyright: Phintraco Sekuritas
Index Regional merah semua pas closing jum’at, IHSG malah paling moderate. US bond yield drop, kalo hanya liat itu bisa ijo IHSG hari ini, tapi lebih besar kemungkinan merahnya sih, beresin wave 2, sama double top kemaren
USD index drop tapi metal2 jg drop kecuali iron ore, oil drop jauh, gas juga, coal yang bertahan ijo sama CPO. Waktunya PTBA AALI LSIP gerak
IHSG – stochastic nya seolah olah mau lanjut jalan, tapi MACD nya masih says down, price action juga malah hampir triple top, BD lagi sw, FF mulai net buy tapi curiga rebalancing LQ45 dan Kompas100 yang memicunya. Masih very selective buying
Basic Materials
Stochastic Buy Signal: MTEL PGAS PTBA ADMR BMTR BSDE ENRG ERAA PTPP KBLI SMDR, big accum PGAS PTBA ADMR BSDE
MACD Buy Signal: OTMG SIDO ADMR BSDE NISP TPIA, big accum ITMG ADMR BSDE