Global Update:

August 11th, 2022

Good morning,

Stocks soar, S&P 500 hits highest level in three months after key report shows slowdown in inflation

Stocks rose sharply on Wednesday after a key inflation reading showed a better-than-expected slowdown for rising prices.

Dow…….33310 +535.1 +1.63%
Nasdaq.12855 +360.9 +2.89%
S&P 500..4210 +87.8 +2.13%

FTSE…….7507 +18.96 +0.25%
Dax……..13701 +165.96+1.23%
CAC……..6523 +33.4 +0.52%

Nikkei….27819 -180.6 -0.65%
HSI……..19611 -392.6 -1.96%
Shanghai..3230 -17.4 -0.54%
ST Times..3266 +15.4 +0.47%

IDX…….7086.24 -16.64 -0.23%
LQ45…1007.80 -0.91 -0.09%

IDX Energy…1804.40 -8.29 -0.46%
IDX Bsc Mat.1331.39 -2.06 -0.15%
IDX Industrl..1304.12 -6.47 -0.49%
IDXNONCYC..703.96 +0.88 +0.12%
IDX Hlthcare.1410.29 -0.76 -0.05%
IDXCYCLIC…..896.33 -4.75 -0.53%
IDX Techno..8034.75 +68.02 +0.85%
IDX Transp…2092.28 -24.32 -1.15%
IDX Infrast…..1032.41 -6.30 -0.61%
IDX Finance 1528.26 -2.14 -0.14%
IDX Banking..1163.84 +10.52 +0.91%
IDX Property…..696 -3.10 -0.44%

Indo10Yr….7.2089 -0.0166 -0.23%
ICBI……..334.4811 -0.1082 -0.03%
US10Yr…..2.7860 -0.0110 -0.39%
VIX…………19.74 -2.03 -9.32%👍

USDIndx 105.2290 -1.069 -1.01%‼️
Como Indx..289.27 +4.73 +1.66%
(Core Commodity CRB)
BCOMIN…..160.47 +2.89 +1.83%

IndoCDS…112.24 – -%
(5-yr INOCD5)

IDR……14870.50 +18.00 +0.12%
Jisdor..14875 .00 +13.00 +0.09%

Euro………1.0303 +0.0089 +0.87%

TLKM……..30.65 -0.38 -1.22%
(4559)
EIDO………24.00 +0.20 +0.84%
EEM………40.46 +0.50 +1.25%

Oil…………..91.58 +1.08 +1.19%
Gold ……..1808.30 -4.30 -0.24%
Timah. .24426.00 +126 +0.52%
( Closed 09/8)
Nickel…22436.00 +909.50 +4.23%‼️
(Closed 10/8)
Silver…….20.57 -0.10 -0.48%
Copper….363.70 +5.20 +1.45%

Nturl Gas…..8.221 +0.382 +4.87%‼️

Ammonia….3806.67 -unch -0%
China
(Domestic Price)(09/8)

Coal price….398.65 +14.15 +3.68%‼️
(Agt/Newcastle)
Coal price….401.00 +26.00 +6.93%‼️
(Sept/Newcastle)
Coal price….390.00 +25.50 +7.00%‼️
(Okt/Newcastle)
Coal price….328.75 +13.25 +4.03%‼️
(Agt/Rotterdam)
Coal price….342.00 +24.35 +7.79%‼️
(Sept/ Rotterdam)
Coal price….329.00 +25.00 +8.22%‼️
(Okt/Rotterdam)
CPO(Okt)……4106 -19 -0.46%
(Source: bursamalaysia.com)
Corn…………618.50 +4.50 +0.73%
SoybeanOil…65.99 +1.37 +2.12%
Wheat………816.25 +17.00 +2.13%

Wood pulp…6726.00 unch +0%
(Closed 10/8)

©️Phintraco Sekuritas

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

Fixed ini sih tutup gap atas, hehehe… US ijo tebel, komoditas pada naik, yang turun cuma gold sama silver

Kalo misalnya dikejar tutup gap hari ini langsung, ada bagusnya SOS, ada kemungkinan jum’at jadi hari profit taking sedunia, hehehe

Sell 1/2 muatan dulu sih prudentnya di saham2 yang sudah naik tinggi. Kalo yang baru mulai jalan kita assess detail dulu

Semua indicator masih firm per sekarang, tapi stochastic sudah sangat overbought dan MACD sudah ada pelandaian curve, histogram mulai turun. Jadi untuk rally lebih jauh kemungkinannya lebih kecil dibanding koreksi dulu setelah tutup gap

Industrial dan energy secara umum sudah melemah, infra property techno yang keliatan mau jalan, basic material mantul lagi setelah melemah. Isi porto dan watchlist yang ada di sektor yang melemah nanti kita bahas, jangan sampai telat exit kalo memang sudah selesai manggung