\\n
\\n\",\"\\n(Last update 10:51pm EST, February 3, 2022)
\\n\\nFacebook dropped to $235.75, its lowest point in 1 year. It later recovered $2 and closed at $237.76.
\\nFacebook reported mixed earnings results Wednesday, with revenue at $33.67 billion, compared to a consensus of $33.34 billion. Since the release of its earnings report, Facebook lost 25.47%.
\\nVisual analysis of Facebook's price graph shows Facebook's resistance level is at $346.22. In terms of trend indicators, we can see that medium-term trend indication has turned negative as the MACD (moving average convergence divergence) index generated a crossover sell signal. This occurs as the MACD line crosses below the MACD signal line. The CCI indicator is below -100. When the CCI (Commodity Channel Index) is at this level it means the price is below the average price as measured by the indicator, indicating a possible start of a new downtrend. Asset volatility analysis shows that Facebook shows signs that further losses might be next, as it crossed the lower Bollinger band at $270.25 Despite this, the Relative Strength Index has gone below 30, going into oversold conditions and allowing more gains.
\\nOverall, looking at the technical analysis landscape, it seems that although indicators are mixed and some are pointing in different directions further drawbacks may be next for Facebook.
\\nFacebook has a market cap of $661.39 billion the social media company has lost 7.26% this year. So far, it has been outperforming the Nasdaq by 6.29%.
\\n\\n
\\n\\n\\n\\n\",\"\\nThe lawsuit alleges that Facebook failed to implement proper systems or a culture that would prevent the use of the social platform to carry out such scams https://t.co/H1HUAYtwWp
\\n— Forbes (@Forbes) February 4, 2022
(Last update 10:51pm EST, February 3, 2022)
\\n\\nJeff Bezos’s company drops by 7.81% ($235.25), its largest single-day drop since July 2021.
\\nAmazon reported mixed earnings results yesterday, with revenue at $137.41 billion (expected at $137.75 billion) and an EPS of 27.75.
\\nIn terms of trend indicators, we can see that medium-term trend indication has turned negative as the MACD (moving average convergence divergence) index generated a crossover sell signal. This occurs as the MACD line crosses below the MACD signal line.
\\nOverall, looking at the technical analysis landscape, it seems Amazon is likely to continue pointing down in the short term.
\\nAmazon has a market cap of $1.41 trillion the tech and retail multifaceted giant has lost 12.15% this year. So far, it has been outperforming the Nasdaq by 1.4%.
\\n\\n
\\n\\n\\n\\n\",\"\\nBreakingviews – Breakingviews – Amazon has a unique inflation problem https://t.co/HAXDbdcpOw
\\n— Reuters (@Reuters) February 4, 2022
(Last update 10:56pm EST, February 3, 2022)
\\n\\nYesterday at a glance: the software giant remained in the $301.25 range, after closing Wednesday at $313.46 and dropping by 3.9% yesterday. The trading volume was 43.73 million, which is below the daily average of 46.12 million.
\\nAn analysis of Microsoft's chart suggests the resistance level is at $319.91, followed by $342.54. In terms of trend indicators, we can see that the MACD line is significantly above the MACD signal line, meaning the medium-term trend might turn negative.
\\nOverall, looking at the technical analysis landscape, it seems Microsoft is likely to continue pointing down in the short term.
\\nMicrosoft has a market cap of $2.26 trillion the software giant decreased by 7.05% this year. So far, it has been outperforming the Nasdaq by 6.5%.
\\n\\n
\\n\\n\\n\\n\",\"\\nActivision confirms Call of Duty stumble, but Microsoft deal spares execs from having to host a call to explain. EA had no such luck. Re-upping this from December on what was a rough holiday quarter for some videogame stalwarts – https://t.co/TMEqx3rwrV
\\n— Dan Gallagher (@djtgallagher) February 3, 2022
(Last update 10:56pm EST, February 3, 2022)
\\n\\nYesterday at a glance: the search engine giant slid down from $2,960.73 to $2,853, taking a 3.64% loss yesterday. The trading volume was 2.85 million, which is higher than the daily average of 1.67 million.
\\nGoogle was down despite the fact that on Tuesday the company released its quarterly earnings, beating analysts estimates. The company reported earnings of 30.69 per share on revenue of $75.33 billion, topping estimates of 27.78 per share on revenue of $72.19 billion.
\\nChart pattern study shows the nearest support level is at $2,534.71. In terms of trend indicators, we can see that the CCI indicator is above 100. When the CCI (Commodity Channel Index) is at this level it means the price is above the average price as measured by the indicator, indicating a possible start of a new uptrend.
\\nOverall, looking at the technical analysis landscape, it seems Google might start pointing upward in the short term.
\\nGoogle has a market cap of $1.89 trillion the search engine giant decreased by 5.96% this year. So far, it has been outperforming the Nasdaq by 7.59%.
\\n\\n
\\n\\n\\n\\n\",\"\\nHow Covid Travel Restrictions Boosted Google’s Bottom Line https://t.co/nqLBqVnihH pic.twitter.com/SVUXzGVdyT
\\n— Forbes (@Forbes) February 3, 2022
(Last update 10:56pm EST, February 3, 2022)
\\n\\nYesterday at a glance: light red but with no clear-cut direction, the trendy electric cars company closed the session at $891.14 after ranging between $937 and $880.52. Trading volume (26.15 million) was slightly below the latest 21 day average volume by 85.44%.
\\nA chart visual study suggests Tesla's immediate support is around $886.25, its resistance level is at $1,199.78.
\\nTesla is currently trading with a market cap of $894.94 billion Elon Musk's electric cars company has lost 22.51% this year. So far, it has been under-performing the Nasdaq by 8.96%.
\\n\\n
\\n\\n\\n\\n\",\"\\nRVs are finally getting the Tesla treatment https://t.co/SdZAcvx6qq
\\n— Bloomberg (@business) February 3, 2022
(Last update 10:56pm EST, February 3, 2022)
\\n\\nYesterday at a glance: the video communications platform provider remained in the $137.94 range, after closing Wednesday at $148.11 and dropping by 6.87% yesterday. The trading volume was 3.24 million — slightly below the daily average of 4.11 million.
\\nImportant graph levels to look out for: Zoom might start to recover soon because it is getting close to its support line— now only $1.13 away at $136.81. Dipping below could be an indication that further losses are ahead. Asset volatility analysis shows that a slight indication of recovery comes from looking at the Bollinger bands: the lower band is at $131.93, a low enough level to (usually) suggest that Zoom is trading below its value. Despite this, the CCI indicator is below -100. When the CCI (Commodity Channel Index) is at this level it means the price is below the average price as measured by the indicator, indicating a possible start of a new downtrend.
\\nOverall, looking at the technical analysis landscape – although indicators are mixed and some are pointing in different directions it seems Zoom might reverse course and start pointing upward in the short term.
\\nZoom has a market cap of $41.11 billion the video communications platform provider has lost 16.83% this year. So far, it has been under-performing the Nasdaq by 3.28%.
\\n\",\"\\n(Last update 10:56pm EST, February 3, 2022)
\\n\\nYesterday at a glance: the streaming company slid down from $429.48 to $405.6, taking a 5.56% loss yesterday. Trading volume (9.32 million) was slightly below the latest 21 day average volume by 72.78%.
\\nA study of Netflix's chart pattern shows the nearest support level is at $359.7.
\\nNetflix is currently trading with a market cap of $180 billion the streaming company has lost 28.39% this year. So far, it has been under-performing the Nasdaq by 14.84%.
\\n\",\"\\n(Last update 11:01pm EST, February 3, 2022)
\\n\\nYesterday at a glance: Walmart closed at $141 with no clear-cut direction and ranged between $142 and $139.77. The trading volume was 6.12 million — below the daily average of 8 million.
\\nVisual analysis of Walmart's price graph shows Walmart might start to recover soon because it is getting close to its support line— now only $2.24 away at $138.75. Dipping below could be an indication that further losses are ahead. In terms of trend indicators, we can see that medium-term trend indication has turned positive as the MACD (moving average convergence divergence) index generated a crossover buy signal. This occurs as the MACD line crosses above the MACD signal line.
\\nOverall, looking at the technical analysis landscape, it seems Walmart might start pointing upward in the short term.
\\nWalmart is currently trading with a market cap of $391 billion the discount department and warehouse stores chain has lost 3.32% this year. So far, it has been outperforming the Dow Jones by 0.82%.
\\n\\n
\\n\\n\\n\\n\",\"\\nA man allegedly opened fire inside a bus in Northern California, killing a woman and wounding four others before he was arrested, naked, inside a Walmart, via AP https://t.co/OztzgrGhaN
\\n— Bloomberg (@business) February 4, 2022
(Last update 11:01pm EST, February 3, 2022)
\\n\\nYesterday at a glance: the consumer goods corporation went up to $164.14, gaining 0.95% and closing at $162.6. Trading volume (9.93 million) was slightly greater than the latest 21 day volume average by 107.13%.
\\nIn terms of trend indicators, we can see that medium-term trend indication has turned positive as the MACD (moving average convergence divergence) index generated a crossover buy signal. This occurs as the MACD line crosses above the MACD signal line. The CCI indicator is above 100. When the CCI (Commodity Channel Index) is at this level it means the price is above the average price as measured by the indicator, indicating a possible start of a new uptrend. On the other hand, note that a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at $164.33 – a high enough level to usually suggest Procter & Gamble is trading above its value.
\\nAccording to technical analysis, it looks as if Procter & Gamble likely to continue pointing upward in the short term.
\\nProcter & Gamble has a market cap of $393.46 billion the consumer goods corporation has lost 1.48% this year. So far, it has been outperforming the Dow by 2.66%.
\\n\",\"\\n(Last update 11:01pm EST, February 3, 2022)
\\n\\nYesterday at a glance: the entertainment and content production company slid down from $142.62 to $140.03, taking a 1.82% loss yesterday. Trading volume (8.75 million) was slightly below the latest 21 day average volume by 69.14%.
\\nWalt Disney is scheduled to announce earnings results Wednesday. The consensus EPS estimate is 0.7422 and the consensus revenue estimate is $20.36 billion.
\\nImportant graph levels to look out for: the resistance level is at $146.47, followed by $153.34.
\\nWalt Disney has a market cap of $254.92 billion the entertainment giant has lost 8.82% this year. So far, it has been under-performing the Dow Jones by 4.68%.
\\n\",\"\\n(Last update 11:01pm EST, February 3, 2022)
\\n\\nAfter closing Wednesday at $61.18, Coca-Cola reached a record high of $61.78 yesterday. Later, it lost 17 cents and closed at $61.61.
\\nCoca-Cola is scheduled to announce earnings results Thursday. The consensus EPS estimate is 0.4108 and the consensus revenue estimate is $8.99 billion.
\\nChart pattern study shows Coca-Cola broke through the $61.39 resistance, climbing 22 cents above it. In terms of trend indicators, we can see that the CCI indicator is above 100. When the CCI (Commodity Channel Index) is at this level it means the price is above the average price as measured by the indicator, indicating a possible start of a new uptrend. In contrast, a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at $61.66 – a high enough level to usually suggest Coca-Cola is trading above its value.
\\nAccording to technical analysis, it looks as if Coca-Cola likely to continue pointing upward in the short term.
\\nCoca-Cola is currently trading with a market cap of $266.12 billion the soft drinks giant has gained 2.88% this year. So far, it has been outperforming the Dow Jones by 7%.
\\n\",\"\\n(Last update 11:01pm EST, February 3, 2022)
\\n\\nYesterday at a glance: the pharmaceuticals and biotechnology company slid down from $53.86 to $53.38, taking a 0.89% loss yesterday. The trading volume was 20.68 million which was lower than the daily average of 36 million.
\\nPfizer is scheduled to announce earnings results Tuesday. The consensus EPS estimate is 0.8735 and the consensus revenue estimate is $24.15 billion.
\\nA chart visual study suggests Pfizer's immediate support is around $52.83, its resistance level is at $61.25.
\\nPfizer has a market cap of $299.62 billion the pharmaceuticals and biotechnology company has lost 6.85% this year. So far, it has been under-performing the Dow by 2.71%.
\\n\\n
\\n\\n\\n\\n\",\"\\nMerck dropped the ball in the competition to find an effective Covid pill—allowing rival Pfizer to pick it up and run away with $17 billion in sales https://t.co/DIZG6wIerN
\\n— Businessweek (@BW) February 3, 2022
(Last update 10:36pm EST, February 3, 2022)
\\n\\nYesterday at a glance: the fast food giant slid down from $262.28 to $260.64, taking a 0.63% loss yesterday. The trading volume was 2.13 million — below the daily average of 3 million.
\\nA study of McDonald's's graph shows key levels to watch: McDonald's's immediate support is around $259.64, its resistance level is at $269.69.
\\nMcDonald's has a market cap of $194.76 billion the fast food giant has lost 3.36% this year. So far, it has been outperforming the Dow by 0.78%.
\\n\",\"\\n(Last update 10:36pm EST, February 3, 2022)
\\n\\nBitcoin is trading steadily today, ranging between $37,400 and $37,100 and is now at $37,376.
\\nAs the day gets underway a chart visual study suggests Bitcoin is climbing away and is now $2,315.81 from the $35,060 support line. In terms of trend indicators, we can see that at $37,326, Bitcoin made an initial breakout above 10 day Simple Moving Average, an indication of a positive trend.
\\nOverall, looking at the technical analysis landscape, it seems Bitcoin might start pointing upward in the short term.
\\nBitcoin has a market cap of 708.20 billion Bitcoin has lost 22.27% this year.
\\n\\n
\\n\\n\\n\\n\",\"\\nBitcoin Is Once Again Ahead Of Facebook In Market Capitalization After Latter's 26% Plunge $BTC $FBhttps://t.co/dHaYLqsxMg
\\n— Benzinga Crypto (@benzingacrypto) February 4, 2022
(Last update 10:36pm EST, February 3, 2022)
\\n\\nGold trades at $1,807 per ounce after gaining $3 (0.16%).
\\nAs the day gets underway a chart visual study suggests the nearest resistance level is at $1,848. In terms of trend indicators, we can see that at $1,805.45, CME Gold made an initial breakout above 200 day Simple Moving Average, an indication of a positive trend. Asset volatility analysis shows that U.S. Gold's lower Bollinger band is at $1,784.66, indicating further gains might be next.
\\nOverall, looking at the technical analysis landscape, it seems GCUSD might continue pointing upwards in the short term.
\\nGold has gone up 0.23% this year.
\\n\\n
\\n\\n\\n\\n\",\"\\nGold heads for a weekly advance as U.S. equities fall after Meta suffered a historic share-price rout https://t.co/XYgg6ZtLuR
\\n— Bloomberg (@business) February 4, 2022
(Last update 10:36pm EST, February 3, 2022)
\\n\\nWhile yesterday ended at $90.51, today, CLUSD rallied above $91.35 for the first time in 7 years and gained 71.4 cents — now trading at $91.22.
\\nAs the day gets underway a chart visual study suggests Chicago Oil's immediate resistance is around $91.49 and its nearest support level is at $86.56. In terms of trend indicators, we can see that the CCI indicator is above 100. When the CCI (Commodity Channel Index) is at this level it means the price is above the average price as measured by the indicator, indicating a possible start of a new uptrend. According to momentum evaluation, the Relative Strength Index indicates U.S. Oil is in an overbought condition. In contrast, a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at $91.7 – a high enough level to usually suggest U.S. Oil is trading above its value.
\\nOverall, looking at the technical analysis landscape, it seems Chicago Oil likely to continue pointing upward in the short term.
\\nOil has increased 18.56% this year.
\\n\\n
\\n\\n\\n\\n\",\"\\nOil extends gains above $90/bbl as winter storm sweeps through United States https://t.co/tmImuC9XIu pic.twitter.com/AuoceuGxiX
\\n— Reuters (@Reuters) February 4, 2022
(Last update 10:36pm EST, February 3, 2022)
\\n\\nThe Euro trades at 1.1465 after gaining 27 pips (0.24%).
\\nAs the day gets underway a chart visual study suggests the Euro broke through the 1.1454 resistance and climbed 11 pips above it. In terms of trend indicators, we can see that the CCI indicator is above 100. When the CCI (Commodity Channel Index) is at this level it means the price is above the average price as measured by the indicator, indicating a possible start of a new uptrend. Asset volatility analysis shows that a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at 1.1518 – a high enough level to usually suggest the Euro is trading above its value.
\\nOverall, while the Euro has been on an uptrend, technical indicators suggest that it has no obvious direction for the immediate future.
\\nEuro/Dollar has gone up 0.62% this year.
\\n\",\"\\n(Last update 11:11pm EST, February 3, 2022)
\\n\\nCurrently light green but with no clear-cut direction, GBP/USD is trading at 1.3607 after ranging between 1.3615 and 1.3593 today.
\\nAs the day gets underway a chart visual study suggests the British Pound could be slowing down soon; it is getting close to the resistance line and is now at 1.3711, only 104 pips away. Crossing the resistance line could, however, suggest that further gains are ahead. Japanese Candlestick formations detected today show that "Hanging Man”, when it appears on top of a bullish overall trend, some traders would consider this as an indication of a trend reversal. On the other hand, note that medium-term trend indication has turned positive as the MACD (moving average convergence divergence) index generated a crossover buy signal. This occurs as the MACD line crosses above the MACD signal line.
\\nOverall, looking at the technical analysis landscape, it seems a positive reverse of course (in the short term) might be next for the Pound.
\\nThe Pound has gained 0.59% this year.
\\n\",\"\\n(Last update 11:11pm EST, February 3, 2022)
\\n\\nDollar/Yen falls to 114.9, following mixed behavior today as it ranges between 114.81 and 115.05.
\\nIn terms of trend indicators, we can see that at 114.93, Dollar/Yen made an initial breakout below the 5 day Simple Moving Average, an indication of a negative trend. Asset volatility analysis shows that Dollar/Yen's upper Bollinger band at 115.52, indicating a further downward move might be next. Despite this, although Dollar/Yen is down today and was as low as 114.81, it seems to be recovering slightly and climbing away from the 113.66 support line and is now 123 pips above it.
\\nOverall, looking at the technical analysis landscape, it seems that although indicators are mixed and some are pointing in different directions further drawbacks may be next for Dollar/Yen.
\\nDollar/Yen has decreased 0.1% this year.
\\n\\n
\\n\\n\\n\\n\",\"\\nJapan flags vulnerability to China supply chain constraints https://t.co/g5otE9rXT2
\\n— Bloomberg (@business) February 4, 2022
(Last update 11:11pm EST, February 3, 2022)
\\n\\nDollar/Swiss posts light gains on a low-volatility day, ranging between 0.921 and 0.9193 and is now at 0.92.
\\nAs the day gets underway a chart visual study suggests although Dollar/Swiss is green today and was as high as 0.921, it seems to be slowing down slightly and moving away from the 0.9309 resistance line, and is now 107 pips below it. In terms of trend indicators, we can see that although up today, it's worth noting that earlier Dollar/Swiss dropped below the 200 day Simple Moving Average as it was trading at 0.9195, usually an indication that a negative trend is ahead.
\\nOverall, looking at the technical analysis landscape, it seems Dollar/Swiss is likely to reverse course and start pointing down in the short term.
\\nDollar/Swiss has increased 0.88% this year.
\\n\",\"\\n(Last update 11:11pm EST, February 3, 2022)
\\n\\nLight green, mostly flat: the Australian dollar ranging between 0.7148 and 0.713 and is now at 0.7144.
\\nAs the day gets underway a chart visual study suggests the nearest resistance level is at 0.7282. In terms of trend indicators, we can see that medium-term trend indication has turned positive as the MACD (moving average convergence divergence) index generated a crossover buy signal. This occurs as the MACD line crosses above the MACD signal line.
\\nOverall, looking at the technical analysis landscape, it seems Aussie/Dollar might continue pointing upwards in the short term.
\\nAussie/Dollar is having a rough year so far losing 1.62%.
\\n\\n\"],\"title\":\"Financial Markets Review – 3 February 2022 – 23:11:23\",\"date\":\"2022-02-04T04:11:23\"}"; var omg_ads = JSON.parse(decodeHtml(omg_ads_string)); } catch (e) { var omg_ads = JSON.parse(omg_ads_string); }