US10YT is Still Looking For The Next Solid Support

ID10YT finally broke the first Support which is MA10 following the drop of US10YT yield, making the yield level of 6.986% as the nearest Resistance now. ADVISE: after the previous series of SELL ON STRENGTH recommendations, we remind you to reduce your position as it is expected that the yield collapse will continue to the next Support which is MA20 around 6.861% yield.

Daily Report | 11 October 2023

Wall Street indexes closed in positive territory on Tuesday (10/10/12), to notch their third straight day of gains, after dovish comments from US Federal Reserve officials pushed Treasury yields lower as investors cautiously monitored developments in the Middle East.

US10YT Finally Retreated Below The First Support

US10YT finally retreated below the first Support which is MA10 after several signs of potential trend reversal in sight such as RSI negative divergence that consistently haunted, especially when the yield broke down around Resistance 4.884%.

Daily Report | 10 October 2023

Wall Street’s major indexes continued their climb on Monday (09/10/23), with the S&P 500 leading the way up 0.63%, underpinned by a rally in the Energy sector as investors digested the latest news about the conflict between Israel-Palestine (Hamas). The Israeli military said it has imposed a counter-attack against the Gaza Strip following Hamas’ invasion last weekend.

Information of PT Agro Bahari Nusantara Tbk (UDNG) IPO

Perseroan bergerak di bidang budidaya Udang Vannamei (Litopenaeus Vannamei). Perseroan telah berhasil mengembangkan usahanya dari 6 kolam hingga mencaoai 14 kolam budidaya yang intensif dan super-intensif. Sejak 2019, Perseroan telah memproduksi lebih dari 400 ton udang Vannamei untuk memenuhi kebutuhan ekspor dan kebutuhan pangan Nasional.

Weekly Report | 9 October 2023

US stock indexes ended a volatile trading week on the back of important employment data reports from the US, leaving US Treasury yields still perched at 16-year highs; amidst a heated debate over whether the Federal Reserve needs to raise interest rates one more time before the close of 2023.

Daily Report | 9 October 2023

US stocks rallied on Friday, led by technology shares to a sharply higher close as investors assessed a jobs report that showed U.S. hiring rose broadly in September with slowing wage growth. Information technology was up the most of any S&P 500 sector, followed by communication services.