\\n
\\n\",\"\\n(Last update 7:31am EST, February 17, 2022)
\\n\\nYesterday at a glance: the social media company slid down from $221 to $216.54, taking a 2.02% loss yesterday. The trading volume was 45.69 million — slightly below the daily average of 50.11 million.
\\nChart pattern study shows Facebook's immediate support is around $213.45, its resistance level is at $294.63. According to momentum evaluation, the Relative Strength Index indicates Facebook is in oversold condition, allowing more gains.
\\nOverall, looking at the technical analysis landscape, it seems Facebook is likely to continue pointing down in the short term.
\\nFacebook is currently trading with a market cap of $589.41 billion Mark Zuckerberg's company has gone down 35.57% this year. So far, it has been under-performing the Nasdaq by 23.49%.
\\n\\n
\\n\\n\\n\\n\",\"\\nFacebook parent Meta botched its coming out party for the metaverse https://t.co/d7ahSfzIHF by @DanielHowley pic.twitter.com/huIzNnJCsI
\\n— Yahoo Finance (@YahooFinance) February 17, 2022
(Last update 7:31am EST, February 17, 2022)
\\n\\nYesterday at a glance: light green, mostly flat: Amazon ranged between $3,176.17 and $3,095 and closed at $3,162. The trading volume was 2.53 million, which is below the daily average of 4.84 million.
\\nImportant graph levels to look out for: Amazon's immediate resistance is around $3,193.79 and its nearest support level is at $2,777. In terms of trend indicators, we can see that even though Amazon is up today, it is worth noting that earlier it dropped below 10 day Simple Moving Average and was trading at $3,103.22, a possible sign that a negative trend is ahead.
\\nOverall, looking at the technical analysis landscape, it seems Amazon is likely to reverse course and start pointing down in the short term.
\\nAmazon has a market cap of $1.61 trillion the tech and retail multifaceted giant has lost 7.29% this year. So far, it has been outperforming the Nasdaq by 4.79%.
\\n\\n
\\n\\n\\n\\n\",\"\\nApple Secretly Joined Amazon In Advancing Commercial Cannabis Reform https://t.co/WHbG4jtHZ8 pic.twitter.com/XYU1xEpy2o
\\n— Forbes (@Forbes) February 17, 2022
(Last update 7:56am EST, February 17, 2022)
\\n\\nYesterday at a glance: after dropping down to $293.68, the iconic OS developer recovers some losses and is currently trading at $299.5. Trading volume (29.98 million) was slightly under the latest 21 day average volume by 67.21%.
\\nIn terms of trend indicators, we can see that at $296.39, Microsoft made an initial breakout below the 200 day Simple Moving Average, an indication of a negative trend. The MACD line is significantly above the MACD signal line, meaning the medium-term trend might turn negative. In contrast, Microsoft is climbing away and is now $11 from the $288.49 support line.
\\nOverall, looking at all the technical indicators, it seems Microsoft might be pointing down in the short term.
\\nMicrosoft has a market cap of $2.25 trillion the software giant has lost 10.52% this year. So far, it has been outperforming the Nasdaq by 1.56%.
\\n\\n
\\n\\n\\n\\n\",\"\\nExecutive vice president and chief marketing officer of Microsoft, Chris Capossela, said employees will have some time to make adjustments to their routines and adopt working preferences they’ve agreed upon with their managers ahead of the in-office date https://t.co/t3A7KPGvC8 pic.twitter.com/69JqJTsaZq
\\n— Forbes (@Forbes) February 16, 2022
(Last update 7:56am EST, February 17, 2022)
\\n\\nYesterday at a glance: Google recovered from the previous trading session's losses and went up to $2,749.75 yesterday after it traded lower at $2,696.47. The trading volume was 1.28 million, which is below the daily average of 1.85 million.
\\nGoogle chart analysis: the nearest resistance level is at $2,960.73. In terms of trend indicators, we can see that at $2,731.44, Google made an initial breakout above 200 day Simple Moving Average, an indication of a positive trend.
\\nOverall, looking at the technical analysis landscape, it seems Google might continue pointing upwards in the short term.
\\nGoogle is currently trading with a market cap of $1.82 trillion the leading search engine company decreased by 5.27% this year. So far, it has been outperforming the Nasdaq by 6.81%.
\\n\\n
\\n\\n\\n\\n\",\"\\nWaymo, Alphabet Inc.’s autonomous driving unit, is expanding its ties to the freight-hauling industry https://t.co/HgNEtqUqg9
\\n— Forbes (@Forbes) February 17, 2022
(Last update 7:56am EST, February 17, 2022)
\\n\\nYesterday at a glance: after dropping down to $901.22, Elon Musk's electric cars company recovers some losses and is currently trading at $923.39. The trading volume was 17 million which was lower than the daily average of 27.54 million.
\\nTesla's graph levels to watch: Tesla's resistance level is at $1,199.78. In terms of trend indicators, we can see that at $920.94, Tesla made an initial breakout above 21 day Simple Moving Average, an indication of a positive trend. Asset volatility analysis shows that Tesla's upper Bollinger band is at $970.61, indicating a downward move might be next.
\\nOverall, while Tesla has been on an uptrend, technical indicators suggest that it has no obvious direction for the immediate future.
\\nTesla has a market cap of $954.33 billion the trendy electric cars company decreased by 23.06% this year. So far, it has been under-performing the Nasdaq by 10.98%.
\\n\\n
\\n\\n\\n\\n\",\"\\nCORRECTION: Tesla sued over alleged suspension failure in fatal Florida crash https://t.co/YKCKBMoFrZ We are deleting previous tweets for this story that included an incorrect section tag pic.twitter.com/T2yImtzT3B
\\n— Reuters (@Reuters) February 17, 2022
(Last update 7:56am EST, February 17, 2022)
\\n\\nYesterday at a glance: after closing the previous trading day at $146.9 and dropping to $136.41, the video communications platform provider closed yesterday at $138.51. Overall, Zoom lost 5.71% of its value. The trading volume was 3.86 million, which is slightly greater than the daily average of 3.76 million.
\\nAsset volatility analysis shows that a slight indication of recovery comes from looking at the Bollinger bands: the lower band is at $134.03, a low enough level to (usually) suggest that Zoom is trading below its value.
\\nOverall, looking at the technical analysis landscape, it seems Zoom might start pointing upward in the short term.
\\nZoom has a market cap of $41.28 billion the video communications platform provider has lost 23.75% this year. So far, it has been under-performing the Nasdaq by 11.67%.
\\n\",\"\\n(Last update 7:56am EST, February 17, 2022)
\\n\\nYesterday at a glance: the streaming company remained in the $398.08 range, after closing Tuesday at $407.46 and dropping by 2.3% yesterday. The trading volume was 5.28 million — lower than the daily average of 14.12 million.
\\nImportant graph levels to look out for: the nearest support level is at $359.7. In terms of trend indicators, we can see that at $398.45, Netflix made an initial breakout below the 3 day Simple Moving Average, an indication of a negative trend.
\\nOverall, looking at the technical analysis landscape, it seems Netflix is likely to continue pointing down in the short term.
\\nNetflix is currently trading with a market cap of $176.73 billion the streaming company has lost 32.85% this year. So far, it has been under-performing the Nasdaq by 20.77%.
\\n\",\"\\n(Last update 7:51am EST, February 17, 2022)
\\n\\nYesterday at a glance: the discount department and warehouse stores chain remained in the $133.53 range, after closing Tuesday at $134.37 and dropping by 0.63% yesterday. The trading volume was 9.25 million, which is slightly above the daily average of 7.76 million.
\\nWalmart was down despite the fact that on today the company released its quarterly earnings, beating analysts estimates. The company reported earnings of 1.53 per share on revenue of $152.87 billion, topping estimates of 1.49 per share on revenue of $151.74 billion.
\\nImportant graph levels to look out for: Walmart's immediate support is around $132.53, its resistance level is at $135.75. In terms of trend indicators, we can see that although down today, it's worth noting that in earlier trading Walmart peaked above the $134.55 3 day Simple Moving Average, usually an indication that a positive move might be approaching. Asset volatility analysis shows that a slight indication of recovery comes from looking at the Bollinger bands: the lower band is at $132.44, a low enough level to (usually) suggest that Walmart 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 Walmart might reverse course and start pointing upward in the short term.
\\nWalmart is currently trading with a market cap of $370.40 billion the discount department and warehouse stores chain has lost 7.64% this year. So far, it has been under-performing the Dow Jones by 2.92%.
\\n\\n
\\n\\n\\n\\n\",\"\\nWalmart unveils an upbeat sales outlook for the current fiscal year despite persistent cost pressures and flagging consumer sentiment https://t.co/A7WYIBPhyn
\\n— Bloomberg Markets (@markets) February 17, 2022
(Last update 7:51am EST, February 17, 2022)
\\n\\nYesterday at a glance: the consumer goods company went up to $158, gaining 0.76% and closing at $156.82. Trading volume (7.63 million) was slightly under the latest 21 day average volume by 88.76%.
\\nA study of Procter & Gamble's graph shows key levels to watch: the nearest resistance level is at $164.21. In terms of trend indicators, we can see that at $157.32, Procter & Gamble made an initial breakout above 5 day Simple Moving Average, an indication of a positive trend. Asset volatility analysis shows that Procter & Gamble's lower Bollinger band is at $155.44, indicating further gains might be next.
\\nOverall, looking at the technical analysis landscape, it seems Procter & Gamble might continue pointing upwards in the short term.
\\nProcter & Gamble is currently trading with a market cap of $378.76 billion the consumer goods corporation decreased by 3.02% this year. So far, it has been outperforming the Dow Jones by 1.7%.
\\n\",\"\\n(Last update 7:51am EST, February 17, 2022)
\\n\\nYesterday at a glance: the entertainment giant went up to $156.35, gaining 1.05% and closing at $154.72. The trading volume was 10.23 million which was slightly below the daily average of 15 million.
\\nImportant graph levels to look out for: Walt Disney's immediate resistance is around $157.47 and its nearest support level is at $133.6. 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 $157.98 – a high enough level to usually suggest Walt Disney is trading above its value.
\\nOverall, while Walt Disney has been on an uptrend, technical indicators suggest that it has no obvious direction for the immediate future.
\\nWalt Disney is currently trading with a market cap of $284.66 billion the entertainment giant has gone down 0.26% this year. So far, it has been outperforming the Dow Jones by 4.46%.
\\n\",\"\\n(Last update 7:51am EST, February 17, 2022)
\\n\\nYesterday at a glance: Coca-Cola recovered back to $60.9 after dipping down to $60.55, in a session that followed Tuesday's $60.91 close value. The trading volume was 12 million — below the daily average of 19.95 million.
\\nChart pattern study shows Coca-Cola is climbing away and is now $1.3 from the $59.6 support line. In terms of trend indicators, we can see that at $60.77, Coca-Cola made an initial breakout below the 21 day Simple Moving Average, an indication of a negative trend.
\\nOverall, while Coca-Cola has been on an uptrend, technical indicators suggest that it has no obvious direction for the immediate future.
\\nCoca-Cola is currently trading with a market cap of $263.39 billion the soft drinks giant has gained 2.7% this year. So far, it has been outperforming the Dow Jones by 7.42%.
\\n\",\"\\n(Last update 7:51am EST, February 17, 2022)
\\n\\nYesterday at a glance: the pharmaceuticals and biotechnology company recovered some, but not quite all the way back to $49.79 after dipping down to $49.43 yesterday. The trading volume was 27 million — slightly below the daily average of 35.31 million.
\\nImportant graph levels to look out for: the nearest support level is at $49.15, to be followed by $48.62. In terms of trend indicators, we can see that although down today, it's worth noting that in earlier trading Pfizer peaked above the $50.49 5 day Simple Moving Average, usually an indication that a positive move might be approaching. Asset volatility analysis shows that a slight indication of recovery comes from looking at the Bollinger bands: the lower band is at $49.07, a low enough level to (usually) suggest that Pfizer is trading below its value.
\\nTechnical analysis indicates that Pfizer (currently on a downtrend) might reverse course and start pointing upward in the short term.
\\nPfizer has a market cap of $278.85 billion the pharmaceuticals and biotechnology company has lost 12.28% this year. So far, it has been under-performing the Dow by 7.56%.
\\n\\n
\\n\\n\\n\\n\",\"\\nLawsuit over Pfizer's disclosures before Chantix recall is dismissed https://t.co/gveqaFKr2K pic.twitter.com/oZvAFeec4J
\\n— Reuters (@Reuters) February 17, 2022
(Last update 7:26am EST, February 17, 2022)
\\n\\nYesterday at a glance: the fast food giant recovered some, but not quite all the way back to $253.81 after dipping down to $251.2 yesterday. The trading volume was 2.23 million which is below the daily average of 2.89 million.
\\nChart pattern study shows McDonald's might start to recover soon because it is getting close to its support line— now only $4.35 away at $248.74. Dipping below could be an indication that further losses are ahead. In terms of trend indicators, we can see that although down today, it's worth noting that in earlier trading McDonald's peaked above the $254.12 3 day Simple Moving Average, usually an indication that a positive move might be approaching.
\\nTechnical analysis indicates that McDonald's (currently on a downtrend) might reverse course and start pointing upward in the short term.
\\nMcDonald's has a market cap of $189.12 billion the fast food company decreased by 5.75% this year. So far, it has been under-performing the Dow Jones by 1.03%.
\\n\",\"\\n(Last update 7:26am EST, February 17, 2022)
\\n\\nLate into the session, Bitcoin loses $638.2 (1.45%), currently trading at $43,300.
\\nChart pattern study shows the nearest support level is at $35,060. In terms of trend indicators, we can see that at $43,321, Bitcoin made an initial breakout below the 10 day Simple Moving Average, an indication of a negative trend.
\\nOverall, looking at the technical analysis landscape, it seems Bitcoin is likely to start pointing downward in the short term.
\\nBitcoin is currently trading with a market cap of 821 billion Bitcoin had a bad year so far, losing 7.86%.
\\n\\n
\\n\\n\\n\\n\",\"\\nBitcoin, Ethereum, Dogecoin Trade Flat After Fed Minutes Released — Why The Apex Coin Looks Very Healthy To This Analyst $BTC $ETH $DOGEhttps://t.co/yrpaBc9o02
\\n— Benzinga Crypto (@benzingacrypto) February 17, 2022
(Last update 7:26am EST, February 17, 2022)
\\n\\nGold rallies $16.8 (0.9%) deep into the session, trading at $1,888.3 per ounce.
\\nChart pattern study shows Gold's immediate resistance is around $1,888.77 and its nearest support level is at $1,848. 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 CME Gold has just crossed the upper Bollinger band at $1,886, indicating further gains might be next.
\\nOverall, looking at the technical analysis landscape, it seems U.S. Gold might continue pointing upwards in the short term.
\\nChicago Gold increased this year, gaining 3.9%.
\\n\\n
\\n\\n\\n\\n\",\"\\nAlpine skiing-Swiss Gisin wins women's combined gold, Shiffrin fails again https://t.co/C5fikZEdiA pic.twitter.com/n8JvNCMFkg
\\n— Reuters (@Reuters) February 17, 2022
(Last update 7:26am EST, February 17, 2022)
\\n\\nAfter ending the previous trading day at $91.06, CME Oil went up to $93.43 only to drop back; still positive overall today, now trading at $91.91 per barrel.
\\nImportant graph levels to look out for: Chicago Oil could be slowing down soon; it is getting close to the resistance line and is now at $94.78, only $2.87 away. Crossing the resistance line could, however, suggest that further gains are ahead. Asset volatility analysis shows that Chicago Oil's upper Bollinger band is at $95.07, this is a slight indication of a slowdown. In contrast, at $91.24, CME Oil 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 a positive reverse of course (in the short term) might be next for Crude oil.
\\nCrude oil increased this year, gaining 19.14%.
\\n\\n
\\n\\n\\n\\n\",\"\\nNigeria’s economy grew faster than forecast by the the central bank last year after an expansion in the non-oil sector offset a sharp drop in oil production https://t.co/SpZe1IQT3e
\\n— Bloomberg (@business) February 17, 2022
(Last update 7:26am EST, February 17, 2022)
\\n\\nThe Euro falls to 1.1372, following mixed behavior today as it ranges between 1.1323 and 1.1386.
\\nAn analysis of the Euro's chart suggests the nearest support level is at 1.1138. In terms of trend indicators, we can see that at 1.1335, Euro/Dollar made an initial breakout below the 50 day Simple Moving Average, an indication of a negative trend.
\\nOverall, looking at the technical analysis landscape, it seems Euro/Dollar is likely to start pointing downward in the short term.
\\nEuro/Dollar has gone up 0.06% this year.
\\n\",\"\\n(Last update 8:11am EST, February 17, 2022)
\\n\\nHesitant but green: from an earlier low of 1.3556, GBP/USD is up to 1.3619 today, gaining 37 pips compared to the 1.3582 at the end of yesterday's session (0.27%).
\\nA study of the British Pound's chart pattern shows the British Pound could be slowing down soon as it approaches resistance at 1.3711. Of course, crossing it might suggest further gains are ahead. In terms of trend indicators, we can see that at 1.3614, Pound/Dollar made an initial breakout above 200 day Simple Moving Average, an indication of a positive trend. 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 the Pound's upper Bollinger band is at 1.3657, this is a slight indication of a slowdown.
\\nOverall, the technical analysis picture suggests the Pound is neutral for the immediate future, with no clear-cut direction.
\\nThe Pound has gone up 0.46% this year.
\\n\",\"\\n(Last update 8:11am EST, February 17, 2022)
\\n\\nDollar/Yen slides down from 115.49 to 115.05 today, losing 43 pips (0.38%).
\\nVisual analysis of Dollar/Yen's price graph shows the nearest support level is at 113.66, while the closest resistance is at 116. In terms of trend indicators, we can see that at 115.16, Dollar/Yen made an initial breakout below the 21 day Simple Moving Average, an indication of a negative trend. 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. Asset volatility analysis shows that Dollar/Yen's upper Bollinger band at 116, indicating a further downward move might be next.
\\nOverall, looking at the technical analysis landscape, it seems Dollar/Yen is likely to continue pointing down in the short term.
\\nDollar/Yen increased this year, gaining 0.36%.
\\n\\n
\\n\\n\\n\\n\",\"\\nBEAKING: Japan announces plans to ease tough COVID-19 border controls and shorten quarantine requirement following criticism. https://t.co/2jVtK8t0kq
\\n— The Associated Press (@AP) February 17, 2022
(Last update 8:11am EST, February 17, 2022)
\\n\\nDollar/Swiss is sliding down from 0.9224 to 0.9205, taking a 19 pips loss (0.21%) today.
\\nIn terms of trend indicators, we can see that 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 Dollar/Swiss's upper Bollinger band at 0.93, indicating a further downward move might be next. Despite this, Dollar/Swiss might start to recover soon because it is getting close to its support line— now only 95 pips away at 0.911. Dipping below could be an indication that further losses are ahead.
\\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/Swiss.
\\nDollar/Swiss has increased 1.14% this year.
\\n\",\"\\n(Last update 8:11am EST, February 17, 2022)
\\n\\nThe Australian dollar posts light gains on a low-volatility day, ranging between 0.7218 and 0.715 and is now at 0.7204.
\\nAn analysis of the Australian dollar's chart suggests Aussie/Dollar could be slowing down soon; it is getting close to the resistance line and is now at 0.7282, only 77 pips away. Crossing the resistance line could, however, suggest that further gains are ahead. In terms of trend indicators, we can see that although up today, it's worth noting that earlier Aussie/Dollar dropped below the 50 day Simple Moving Average as it was trading at 0.7166, usually an indication that a negative trend is ahead. Asset volatility analysis shows that the Australian dollar's upper Bollinger band is at 0.7235, this is a slight indication of a slowdown. On the other hand, note 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 a positive reverse of course (in the short term) might be next for the Australian dollar.
\\nThe Australian dollar is having a rough year so far losing 0.83%.
\\n\\n\"],\"title\":\"Financial Markets Review – 17 February 2022 – 08:11:22\",\"date\":\"2022-02-17T13:11:22\"}"; var omg_ads = JSON.parse(decodeHtml(omg_ads_string)); } catch (e) { var omg_ads = JSON.parse(omg_ads_string); }