\\n
\\n\",\"\\n(Last update 10:31am EST, April 23, 2022)
\\n\\nYesterday at a glance: Mark Zuckerberg's company recovered some, but not quite all the way back to $188.07 after dipping down to $183.28 yesterday. The trading volume was 36.34 million; higher than the daily average of 26.92 million.
\\nFacebook trades at $184.11 ahead of quarterly performance report which is scheduled to be released Wednesday.
\\nA chart visual study suggests Facebook broke through the $186.63 support line and dropped $2.52 below it. Trend indicators show us 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. Analysis based on the asset volatility indicates that Bollinger bands shows an indication of recovery: the lower band is at $185.73, a low enough level to, generally, suggest that Facebook is trading below its value.
\\nAll in all, the technical analysis suggests Facebook has no clear-cut direction.
\\nFacebook has a market cap of $499.77 billion the social media company has lost 35.23% over the last 2 months. So far in 2022, it has been doing worse than the Nasdaq by 16.47%.
\\n\\n
\\n\\n\\n\\n\",\"\\nNetflix and Facebook have given up most of the last few years' gains since tech's November peak https://t.co/E36svfB7Tf
\\n— CNBC (@CNBC) April 22, 2022
(Last update 10:31am EST, April 23, 2022)
\\n\\nA quick look at yesterday: the tech and retail multifaceted giant recovered some, but not quite all the way back to $2,966 after dipping down to $2,874.51 yesterday. The trading volume was 3.65 million, which is above the daily average of 2.87 million.
\\nThe company trades at $2,887 ahead of quarterly performance report which is scheduled to be released Thursday.
\\nChart pattern study shows the nearest support level is at $2,720.29. In 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 Bollinger bands shows an indication of recovery: the lower band is at $2,838, a low enough level to, generally, suggest that Amazon is trading below its value.
\\nAll in all, the technical analysis suggests Amazon has no clear-cut direction.
\\nAmazon is currently trading with a market cap of $1.47 trillion Jeff Bezos’s company is now trading 9.03% above its yearly low ($2,992.3) that it has slumped into a month ago. So far in 2022 it has been beating the Nasdaq by 15.07%.
\\n\\n
\\n\\n\\n\\n\",\"\\nMukesh Ambani got the upper hand on Amazon in round one. This time, the battle will be over cricket and the Indian Premier League. It's going to be a great show, says @andymukherjee70 https://t.co/82CWnNLPcJ via @bopinion
\\n— Bloomberg (@business) April 23, 2022
(Last update 10:26am EST, April 23, 2022)
\\n\\nA quick look at yesterday: Microsoft dropped to $274.03 (from $280.81) — a 2.41% loss yesterday. Trading volume (29.33 million) was slightly greater than the latest 21 day volume average by 105.75%.
\\nMicrosoft is scheduled to announce earnings results Tuesday. The consensus Earnings Per Share estimate is 2.19 and the consensus revenue estimate is $49 billion.
\\nIn terms of trend indicators, we can see that the MACD line is significantly below the MACD signal line, meaning this medium-term trend might turn positive.
\\nTechnical analysis indicates that Microsoft (currently on a downtrend) might reverse course and start pointing upward in the short term.
\\nMicrosoft's market cap is currently $2 trillion the year 2022 has not been the best for the software giant, it lost 14.97% of its value. The Nasdaq has been doing worse in 2022, it has been passing it by 7.75%.
\\n\",\"\\n(Last update 10:26am EST, April 23, 2022)
\\n\\nA quick look at yesterday: the leading search engine company remained in the $2,392.28 range after closing Thursday at $2,498.75 and dropping 4.26% as it reached the end yesterday's session. The trading volume was 2.32 million, which is above the daily average of 1.17 million.
\\nGoogle is scheduled to announce earnings results Tuesday. The consensus Earnings Per Share estimate is 25.95 and the consensus revenue estimate is $68.22 billion.
\\nA chart visual study suggests Google's immediate support is around $2,347, its resistance level is at $2,873. In 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. Momentum evaluation shows that the Relative Strength Index indicates Google is in an oversold condition, allowing for more gains. In contrast, Bollinger bands shows an indication of recovery: the lower band is at $2,357.17, a low enough level to, generally, suggest that Google is trading below its value.
\\nIn general, examining the technical analysis landscape, although indicators are mixed further drawbacks may be next for Google.
\\nThe company has a market cap of $1.58 trillion the search engine giant is now trading 17.1% below its yearly high ($3,014.18) that it held 5 months ago. So far in 2022, it has performed better than the Nasdaq by 12.29%.
\\n\\n
\\n\\n\\n\\n\",\"\\nTwitter says it will no longer allow advertisers on its site who deny the scientific consensus on climate change, echoing a policy already in place at Google. https://t.co/k81ii345em
\\n— The Associated Press (@AP) April 23, 2022
(Last update 10:26am EST, April 23, 2022)
\\n\\nYesterday at a glance: Tesla closed at $1,005 with no clear-cut direction and ranged between $1,035 and $994. Trading volume (23.15 million) was slightly greater than the last 21 day average by 101.93%.
\\nThe company released its quarterly earnings Wednesday, beating analysts estimates. The company reported earnings of 3.22 per share on revenue of $18.76 billion, topping estimates of 2.24 per share on revenue of $17.63 billion. Since the release of its earnings report, Tesla lost 2.25%.
\\nTesla chart analysis: Tesla's resistance level is now at $1,145.45.
\\nThe company has a market cap of $1 trillion the year 2022 has not been the best for the trendy electric cars company, it lost 14.54% of its value. So far in 2022, it has been outperforming the Nasdaq by 8.18%.
\\n\",\"\\n(Last update 10:26am EST, April 23, 2022)
\\n\\nA quick look at yesterday: light red but with no clear-cut direction, the video communications platform provider closed the session at $100.17 after ranging between $105 and $99.3. Trading volume (3.78 million) was slightly below the latest 21 day average volume by 95.43%.
\\nZoom chart analysis: Zoom might start to recover soon because it is getting close to its support line— now only $5.53 away at $94.64. Dipping below could be an indication that further losses are ahead. Analysis based on the asset volatility indicates that Bollinger bands shows an indication of recovery: the lower band is at $96.66, a low enough level to, generally, suggest that Zoom is trading below its value. On the other hand, note 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.
\\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 $29.96 billion 9 months ago the video communications platform provider has hit its yearly high point of $401.12, since than it lost 74.83%. So far in 2022, it has been under-performing the Nasdaq by 19.27%.
\\n\",\"\\n(Last update 10:26am EST, April 23, 2022)
\\n\\nYesterday at a glance: Netflix ranged between $226.27 and $210.05, but settled at $215.52. The trading volume was 37.42 million, which is above the daily average of 15.18 million.
\\nThe company reported mixed earnings results Tuesday, with EPS at 3.53 and revenues at $7.87 billion. Since the release of its earnings report, Netflix lost 36.21%.
\\nA chart visual study suggests the nearest support level is at $208.29, to be followed by $201.06. Trend indicators show us 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. Momentum evaluation shows that the Relative Strength Index indicates Netflix is in strong oversold condition. In contrast, Bollinger bands shows an indication of recovery: the lower band is at $214.41, a low enough level to, generally, suggest that Netflix is trading below its value.
\\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 Netflix.
\\nNetflix has a market cap of $95.75 billion 5 months ago the streaming company has hit its yearly high point of $691.69, since than it lost 68.45%. So far in 2022, it has been under-performing the Nasdaq by 30.55%.
\\n\",\"\\n(Last update 10:31am EST, April 23, 2022)
\\n\\nYesterday at a glance: the discount department and warehouse stores chain slid down from $159.87 to $156.86, taking a 1.88% loss yesterday. The trading volume was 6.83 million which was slightly below the daily average of 7.18 million.
\\nA chart visual study suggests Walmart is hovering around the $157.41 immediate support line.
\\nThe company's market cap is $431.80 billion the discount department and warehouse stores chain has gained 1.41% over the last 4 days. The Dow has been doing worse in 2022, it has been passing it by 16.82%.
\\n\",\"\\n(Last update 10:31am EST, April 23, 2022)
\\n\\nYesterday at a glance: the consumer goods corporation recovered some, but not quite all the way back to $162.61 after dipping down to $160.91 yesterday. Procter & Gamble passed the daily average (6.80 million) with a volume of 9.33 million.
\\nProcter & Gamble was down, even though its quarterly earnings released on Wednesday beat the analysts’ estimates. The reported earnings of 1.33 per share on revenue of $19.38 billion, topping estimates of 1.3 per share on revenue of $18.72 billion.
\\nA study of Procter & Gamble's graph shows key levels to watch: Procter & Gamble's nearest support level is at $143.22. According to asset volatility analysis, Procter & Gamble's upper Bollinger band at $163.98, indicating a further downward move might be next.
\\nOverall, looking at the technical analysis landscape, it seems Procter & Gamble is likely to continue pointing down in the short term.
\\nProcter & Gamble is currently trading with a market cap of $386.89 billion the consumer goods corporation has gained 13.03% over the last 5 months. So far in 2022, it has performed better than the Dow by 5.87%.
\\n\",\"\\n(Last update 10:31am EST, April 23, 2022)
\\n\\nYesterday at a glance: Walt Disney dropped to $118.27 (from $121.66) — a 2.79% loss yesterday. The trading volume was 19.43 million, which is higher than the daily average of 11.27 million.
\\nWalt Disney chart analysis: Walt Disney's immediate support is now around $117; its resistance level is at $142.38. Trend indicators show us 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. Momentum evaluation shows that the Relative Strength Index indicates Walt Disney is in an oversold condition, allowing for more gains. On the other hand, note that Bollinger bands shows an indication of recovery: the lower band is at $118.22, a low enough level to, generally, suggest that Walt Disney is trading below its value.
\\nIn general, examining the technical analysis landscape, although indicators are mixed further drawbacks may be next for Walt Disney.
\\nWalt Disney's market cap currently stands at $221.50 billion the entertainment giant has lost 4.78% over the last 5 days. So far in 2022, it has been doing worse than the Dow by 9%.
\\n\",\"\\n(Last update 10:31am EST, April 23, 2022)
\\n\\nA quick look at yesterday: the soft drink company remained in the $65.25 range, after closing Thursday at $66.21 and dropping by 1.45% yesterday. The trading volume was 14.76 million; higher than the daily average of 14.15 million.
\\nCoca-Cola is scheduled to announce earnings results Monday. The consensus EPS estimate is 0.5787 and the consensus revenue estimate is $9.83 billion.
\\nChart pattern study shows Coca-Cola's nearest support level is at $57.88.
\\nThe company's market cap is $282.86 billion the soft drink company has gained 1.75% over the last 4 days. So far in 2022 it has been beating the Dow by 17.52%.
\\n\",\"\\n(Last update 10:31am EST, April 23, 2022)
\\n\\nA quick look at yesterday: the pharmaceuticals and biotechnology company dropped 2% early on and stayed at the $48.13 range. The trading volume was 21.51 million which is below the daily average of 22.96 million.
\\nA study of Pfizer's chart pattern shows Pfizer's immediate support is around $47.66, its resistance level is at $50.94. Trend indicators show us 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. According to asset volatility analysis, Bollinger bands shows an indication of recovery: the lower band is at $47.91, a low enough level to, generally, suggest that Pfizer is trading below its value.
\\nOverall, the technical analysis picture suggests Pfizer is neutral for the immediate future, with no clear-cut direction.
\\nThe company's market cap is $271.83 billion the pharmaceuticals and biotechnology company is now trading 19.82% below its yearly high ($61.25) that it held 4 months ago. So far in 2022, it has been under-performing the Dow Jones by 3.67%.
\\n\\n
\\n\\n\\n\\n\",\"\\nPfizer recalls some batches of blood pressure drug over carcinogen presence https://t.co/BTDMUcwZJh pic.twitter.com/KkzfVhztcX
\\n— Reuters (@Reuters) April 23, 2022
(Last update 10:26am EST, April 23, 2022)
\\n\\nYesterday at a glance: the fast food company remained in the $250.17 range, after closing Thursday at $255.25 and dropping by 2% yesterday. Trading volume (2.62 million) was slightly greater than the last 21 day average by 109.31%.
\\nMcDonald's is scheduled to announce earnings results Thursday. The consensus Earnings Per Share estimate is 2.2 and the consensus revenue estimate is $5.6 billion.
\\nMcDonald's's graph levels to watch: McDonald's's nearest support level is at $222. 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.
\\nOverall, looking at the technical analysis landscape, it seems McDonald's is likely to continue pointing down in the short term.
\\nThe company's market cap is $185 billion hitting its yearly low ($222) a month ago, the fast food company has bounced back 15% since. So far in 2022, it has performed better than the Dow by 3.06%.
\\n\",\"\\n(Last update 10:26am EST, April 23, 2022)
\\n\\nAfter dropping down to $39,371, Bitcoin recovers some losses and is currently trading at $39,700.
\\nVisual analysis of Bitcoin's price graph shows Bitcoin's resistance level is at $47,466. Asset volatility analysis shows that Bitcoin's lower Bollinger band is at $37,800, indicating a positive move might be next.
\\nOverall, looking at the technical analysis landscape, it seems Bitcoin might start pointing upward in the short term.
\\nBitcoin has a market cap of 755.28 billion Bitcoin is now trading 41.17% below its yearly high ($67,600) that it held 5 months ago.
\\n\",\"\\n(Last update 10:26am EST, April 23, 2022)
\\n\\nYesterday at a glance: light red: CME Gold closed at $1,932.5 per ounce after ranging between $1,957.8 and $1,928.
\\nChart pattern study shows CME Gold's immediate support is around $1,921, its resistance level is at $2,058.3. In terms of trend indicators, we can see that at $1,935.77, U.S. Gold made an initial breakout below the 50 day Simple Moving Average, an indication of a negative trend. Asset volatility analysis shows that Bollinger bands shows an indication of recovery: the lower band is at $1,907, a low enough level to, generally, suggest that CME Gold is trading below its value.
\\nAll in all, the technical analysis suggests U.S. Gold has no clear-cut direction.
\\nGold is now trading 5.35% below its yearly high ($2,058.3) that it held a month ago.
\\n\\n
\\n\\n\\n\\n\",\"\\nMark Bristow, CEO of Barrick Gold, shared plans to cut gas emissions in order to become less dependent on hydrocarbons https://t.co/lfqM14Vs5q
\\n— Mad Money On CNBC (@MadMoneyOnCNBC) April 22, 2022
(Last update 10:26am EST, April 23, 2022)
\\n\\nYesterday at a glance: Oil slid down from $104.48 to $102.3 per barrel, losing $2.18 (2.08%) today.
\\nA study of Oil's chart pattern shows next closest resistance is at $114.35, while the nearest support level is at $95.18. In terms of trend indicators, we can see that at $102.29, Oil 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 Oil is likely to start pointing downward in the short term.
\\nU.S. Oil is now trading 16.26% below its yearly high ($124.77) that it held a month ago.
\\n\\n
\\n\\n\\n\\n\",\"\\nIndonesia has decided to ban all exports of raw material for cooking oil, President Joko Widodo says https://t.co/s2FTEnDx4B
\\n— Bloomberg (@business) April 23, 2022
(Last update 10:26am EST, April 23, 2022)
\\n\\nYesterday at a glance: the Euro slid down from 1.0837 to 1.0797, taking a 39 pips loss (0.36%).
\\nA chart visual study suggests the nearest support level is at 1.0776, to be followed by 1.0755. Trend indicators show us that at 1.0834, the Euro 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 the Euro is likely to start pointing downward in the short term.
\\nThe Euro is now trading 0.47% above its yearly low (1.0852) that it has slumped into 5 days ago.
\\n\",\"\\n(Last update 11:11am EST, April 23, 2022)
\\n\\nYesterday at a glance: GBP/USD went dark red after losing 191 pips, tumbling down to 1.2838.
\\nImportant graph levels to look out for: Pound/Dollar's immediate support is around 1.2755, its resistance level is at 1.3261. Trend indicators show us that although down today, it's worth noting that in earlier trading Pound/Dollar peaked above the 1.303 5 day Simple Moving Average, usually an indication that a positive move might be approaching. According to asset volatility analysis, Bollinger bands shows an indication of recovery: the lower band is at 1.2872, a low enough level to, generally, suggest that the Pound is trading below its value. Japanese Candlestick formations detected today show that "Hammer”, when it appears on top of a bearish overall trend, as it is now, some traders would consider this as an indication of a trend reversal. On the other hand, note 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.
\\nOverall, looking at the technical analysis landscape, it seems the Pound —which is currently on a downtrend— might reverse course and start pointing upward in the short term.
\\nThe British Pound is now trading 1.86% above its yearly low (1.3037) that it has slumped into a day ago.
\\n\",\"\\n(Last update 11:11am EST, April 23, 2022)
\\n\\nA quick look at yesterday: light green, mostly flat: Dollar/Yen ranged between 129.11 and 127.74 and closed at 128.57.
\\nChart pattern study shows Dollar/Yen's nearest support level is at 123.88. Trend indicators show us 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 Dollar/Yen is in an overbought condition. Despite this, although up today, it's worth noting that earlier Dollar/Yen dropped below the 5 day Simple Moving Average as it was trading at 127.84, usually an indication that a negative trend is ahead.
\\nOverall, looking at the technical analysis landscape, it seems Dollar/Yen likely to continue pointing upward in the short term.
\\n4 days ago Dollar/Yen has hit its yearly high point of 129.08, since than it lost 0.55%.
\\n\\n
\\n\\n\\n\\n\",\"\\nJapan's finance ministry official denies report Japan, U.S. discussed joint FX intervention https://t.co/AjOg2efNR3 pic.twitter.com/Cq9VvEmh6m
\\n— Reuters (@Reuters) April 23, 2022
(Last update 11:11am EST, April 23, 2022)
\\n\\nDollar/Swiss rallied to 0.9593, hitting its highest point in 1 year; it later lost 23 pips and closed at 0.9569.
\\nA study of Dollar/Swiss's chart pattern shows Dollar/Swiss's immediate resistance is around 0.9574 and its nearest support level is at 0.9415. 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 Dollar/Swiss is in an overbought condition, keep an eye out for slowdown of gains. In contrast, Dollar/Swiss's upper Bollinger band is at 0.9597, this is a slight indication of a slowdown.
\\nOverall, looking at the technical analysis landscape, it seems Dollar/Swiss likely to continue pointing upward in the short term.
\\nDollar/Swiss is now trading 0.44% below its yearly high (0.9574) that it held a day ago.
\\n\",\"\\n(Last update 11:11am EST, April 23, 2022)
\\n\\nYesterday at a glance: Aussie/Dollar went dark red after losing 127 pips, tumbling down to 0.7245.
\\nA chart visual study suggests the nearest support level is at 0.7126, to be followed by 0.71. In terms of trend indicators, we can see that at 0.7281, Aussie/Dollar made an initial breakout below the 200 day Simple Moving Average, an indication of a negative trend. The MACD line is significantly below the MACD signal line, meaning this medium-term trend might turn positive. 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. Analysis based on the asset volatility indicates that Bollinger bands shows an indication of recovery: the lower band is at 0.7233, a low enough level to, generally, suggest that the Australian dollar is trading below its value.
\\nOverall, the technical analysis picture suggests Aussie/Dollar is neutral for the immediate future, with no clear-cut direction.
\\nAussie/Dollar has hit is lowest yearly rate (0.6967) 2 months ago, since then it has recovered 5.82%.
\\n\\n\"],\"title\":\"Financial Markets Review – 23 April 2022 – 11:11:31\",\"date\":\"2022-04-23T15:11:31\"}"; var omg_ads = JSON.parse(decodeHtml(omg_ads_string)); } catch (e) { var omg_ads = JSON.parse(omg_ads_string); }