\\n

\\n\",\"\\n

Today Facebook increased by 0.51%, ended the session at $196.64

\\n

(Last update 4:31pm EST, June 13, 2022)

\\n

A quick look at today: Facebook is up to $196.64 today, which makes for a move of 0.51%/99 cents. The trading volume was 22.27 million, which is below the daily average of 27.28 million.

\\n

Trend indicators show us 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.

\\n

Overall, looking at the technical analysis landscape, it seems Facebook might continue pointing upwards in the short term.

\\n

The company's market cap is $532.17 billion the year 2022 has not been the best for the social media company, it lost 44.13% of its value. So far in 2022, it has been doing worse than the Nasdaq by 4.51%.

\\n\",\"\\n

Amazon went up by 1.88%, ended Friday at $91

\\n

(Last update 8:51am EST, November 6, 2022)

\\n

\\n

A quick look at Friday: light green, mostly flat: Amazon ranged between $92.44 and $88.04 and closed at $91. Higher than the daily average of 86.21 million, Amazon traded with a volume of 129.10 million Friday.

\\n

Although Amazon is green today and was as high as $92.44, it seems to be slowing down slightly and moving away from the $92.93 resistance line, and is now $1.95 below it. 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.

\\n

Overall, looking at the technical analysis landscape, it seems Amazon is likely to reverse course and start pointing down in the short term.

\\n

Amazon is currently trading with a market cap of $928.15 billion the tech and retail multifaceted giant has lost 35.81% over the last 2 months. So far in 2022, it has been outperforming the Nasdaq by 4.73%.

\\n

\\n
\\n

Meta’s stunning stock decline may grab the headlines, but struggles at Amazon and Alphabet show Big Tech’s aura of invincibility is no more https://t.co/jHtb5vmJCr via @BW

\\n

— Bloomberg (@business) November 6, 2022

\\n

\\n

\\n\",\"\\n

Friday Microsoft went up and closed at $221.39

\\n

(Last update 8:41am EST, November 6, 2022)

\\n

\\n

A quick look at Friday: Microsoft spiked to $221.58 Friday, dropped back to starting point range, and rallied again to $221.39. This comes following Thursday's session in which it closed at $214.25. Microsoft went above the daily average (33.78 million) with a volume of 36.79 million.

\\n

At $220.84, Microsoft made an initial breakout above 3 day Simple Moving Average, an indication of a positive trend. The MACD line is significantly below the MACD signal line, meaning this medium-term trend might turn positive. On the other hand, note that Microsoft could be slowing down soon; it is getting close to the resistance line and is now at $224.18, only $2.79 away. Crossing the resistance line could, however, suggest that further gains are ahead. 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.

\\n

Overall, looking at the technical analysis landscape, it seems Microsoft likely to continue pointing upward in the short term.

\\n

The company has a market cap of $1.65 trillion the software giant has lost 22.31% over the last 2 months. So far in 2022, it has performed better than the Nasdaq by 17.2%.

\\n\",\"\\n

Google went up by 3.84%, ended Friday at $86.7

\\n

(Last update 8:41am EST, November 6, 2022)

\\n

\\n

A quick look at Friday: after ending Thursday at $83.49, Google spiked to $86.73 Friday, dropped back to starting point range, and rallied again to $86.7. The trading volume was 40.17 million, which is slightly above the daily average of 32.24 million.

\\n

Google could be slowing down soon as it approaches resistance at $87.66. Of course, crossing it might suggest further gains are ahead. 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.

\\n

Google is likely to reverse course and start pointing downward in the short term.

\\n

The company's market cap is $1.12 trillion the search engine giant has lost 27.41% over the last 2 months. So far in 2022, it has been outperforming the Nasdaq by 10.65%.

\\n

\\n
\\n

Meta’s stunning stock decline may grab the headlines, but struggles at Amazon and Alphabet show Big Tech’s aura of invincibility is no more https://t.co/jHtb5vmJCr via @BW

\\n

— Bloomberg (@business) November 6, 2022

\\n

\\n

\\n\",\"\\n

Tesla closed at $207.47 after losing 3.64% Friday

\\n

(Last update 8:41am EST, November 6, 2022)

\\n

\\n

A quick look at Friday: Elon Musk's electric cars company​ recovered some, but not quite all the way back to $215.31​ after dipping down to $203.08​ Friday. Passing the daily average of 78.68 million, Tesla traded at 97.21 million Friday.

\\n

Tesla might start to recover soon because it is getting close to its support line— now only $8.37 away at $199.1. Dipping below could be an indication that further losses are ahead. Although down today, it's worth noting that in earlier trading Tesla peaked above the $220.26 21 day Simple Moving Average, usually an indication that a positive move might be approaching. Bollinger bands shows an indication of recovery: the lower band is at $203.45, a low enough level to, generally, suggest that Tesla is trading below its value.

\\n

Technical analysis shows that Tesla (currently on a downtrend) might reverse course and start going up in the short term.

\\n

Tesla's market cap is currently $655.14 billion Elon Musk's electric cars company has lost 27.26% over the last 2 months. So far in 2022, it has performed better than the Nasdaq by 4.6%.

\\n\",\"\\n

Zoom closed at $77.46 (down 1.19%) and added one more to its 6th straight day of losses

\\n

(Last update 8:41am EST, November 6, 2022)

\\n

\\n

Friday at a glance: Zoom dropped to $77.46 (from $78.39) — a 1.19% loss Friday. Trading volume (3.97 million) was slightly above the last 21 day average by 118%.

\\n

Zoom might start to recover soon because it is getting close to its support line— now only $1.8 away at $75.66. Dipping below could be an indication that further losses are ahead. Although down today, it's worth noting that in earlier trading Zoom peaked above the $78.66 50 day Simple Moving Average, usually an indication that a positive move might be approaching.

\\n

Technical analysis shows that Zoom (currently on a downtrend) might reverse course and start going up in the short term.

\\n

The company's market cap is $23 billion the video communications platform provider lost 70.49% over the last twelve month. So far in 2022, it has been doing worse than the Nasdaq by 5.87%.

\\n

\\n
\\n

Remember those insanely cruel Zoom firings? Yeah, Elon's latest move at Twitter is way worse https://t.co/Z4vmtrXNZ5 via @opinion

\\n

— Bloomberg (@business) November 4, 2022

\\n

\\n

\\n\",\"\\n

Netflix closed at $260.79 after losing 3.07% Friday

\\n

(Last update 8:41am EST, November 6, 2022)

\\n

\\n

A quick look at Friday: the streaming company dropped 3.07% early on and stayed at the $260.79 range. The trading volume was 11.11 million which was slightly under the daily average of 15.61 million.

\\n

At $266.38, Netflix made an initial breakout below the 200 day Simple Moving Average, an indication of a negative trend. In contrast, Netflix might start to recover soon because it is getting close to its support line— now only $8.37 away at $252.42. Dipping below could be an indication that further losses are ahead.

\\n

Overall, looking at the technical analysis landscape, it seems Netflix is likely to continue pointing down in the short term.

\\n

The company has a market cap of $116 billion the streaming heavyweight is now trading 61.1% below its yearly high ($274.96) that it held 11 months ago. So far in 2022, it has been doing worse than the Nasdaq by 3.77%.

\\n\",\"\\n

Friday Walmart increased by 0.18%, ended the session at $140.97

\\n

(Last update 9:01am EST, November 6, 2022)

\\n

\\n

A quick look at Friday: hesitant but green, Walmart closed at $140.97 after ranging between $138.79 and $142.21. The trading volume was slightly below the latest 21 day average volume at 4.46 million (84% of average).

\\n

Although Walmart is green today and was as high as $142.21, it seems to be slowing down slightly and moving away from the $142.52 resistance line, and is now $1.55 below it. Although up today, it's worth noting that earlier Walmart dropped below the 10 day Simple Moving Average as it was trading at $140.62, usually an indication that a negative trend is ahead.

\\n

Walmart is likely to reverse course and start pointing downward in the short term.

\\n

Walmart's market cap is currently $382.63 billion the warehouse stores chain company has gained 11.39% over the last 2 months. So far in 2022, it has performed better than the Dow by 10.52%.

\\n

\\n
\\n

Walmart and Netflix may seem like unlikely allies, but they have a strong offer for consumershttps://t.co/0dgsj60eo5

\\n

— TheStreet (@TheStreet) November 5, 2022

\\n

\\n

\\n\",\"\\n

Friday Procter & Gamble went up and closed at $134.44

\\n

(Last update 9:01am EST, November 6, 2022)

\\n

\\n

A quick look at Friday: the consumer goods corporation went up to $134.44, gaining 1.83%. The trading volume was 5.22 million — below the daily average of 6.81 million.

\\n

Procter & Gamble could be slowing down soon as it approaches resistance at $135.45. Of course, crossing it might suggest further gains are ahead. Even though Procter & Gamble is up today, it is worth noting that earlier it dropped below 50 day Simple Moving Average and was trading at $133.27, a possible sign that a negative trend is ahead.

\\n

Examining the technical analysis landscape, Procter & Gamble is likely to reverse course and start pointing downward in the short term.

\\n

The company has a market cap of $318.58 billion the consumer goods company is up 6.68% on its yearly low ($132.52) that i hit 27 days ago. So far in 2022, it has been doing worse than the Dow Jones by 4.66%.

\\n\",\"\\n

Walt Disney gains 0.33%, closes at $99.58 ahead of the quarterly earnings report set for Tuesday

\\n

(Last update 9:01am EST, November 6, 2022)

\\n

\\n

A quick look at Friday: hesitant but green, Walt Disney closed at $99.58 after ranging between $98.11 and $101.16. Slightly greater than the daily average of 8.67 million, Walt Disney traded with a volume of 10.43 million Friday.

\\n

Walt Disney is scheduled to announce earnings results Tuesday. The consensus Earnings Per Share estimate is 0.5 and the consensus revenue estimate is $21.62 billion.

\\n

At $100, Walt Disney made an initial breakout above 21 day Simple Moving Average, an indication of a positive trend. Despite this, although Walt Disney is green today and was as high as $101.16, it seems to be slowing down slightly and moving away from the $102.67 resistance line, and is now $3.09 below it.

\\n

Examining the technical analysis landscape, Walt Disney might continue its downtrend in the short term.

\\n

Walt Disney's market cap currently stands at $181.54 billion 11 months ago the entertainment and content production company has hit its yearly high point of $101.16, since than it lost 43.89%. So far in 2022, it has been doing worse than the Dow Jones by 23.48%.

\\n\",\"\\n

Coca-Cola went up by 0.82%, ended Friday at $59.26

\\n

(Last update 9:01am EST, November 6, 2022)

\\n

\\n

A quick look at Friday: Coca-Cola closed at $59.26 Friday after ranging between $59.59 and $58.56. The trading volume was 9.38 million — under the daily average of 14.45 million.

\\n

Coca-Cola could be slowing down soon; it is getting close to the resistance line and is now at $59.71, only 45 cents away. Crossing the resistance line could, however, suggest that further gains are ahead. Although up today, it's worth noting that earlier Coca-Cola dropped below the 50 day Simple Moving Average as it was trading at $58.71, usually an indication that a negative trend is ahead.

\\n

Examining the technical analysis landscape, Coca-Cola is likely to reverse course and start pointing downward in the short term.

\\n

Coca-Cola's market cap is currently $256.27 billion the soft drinks giant has lost 6.55% over the last 2 months. The Dow Jones has been doing worse in 2022, it has been passing it by 13%.

\\n\",\"\\n

Friday Pfizer went up and closed at $47.22

\\n

(Last update 9:01am EST, November 6, 2022)

\\n

\\n

A quick look at Friday: hesitant but green, Pfizer closed at $47.22 after ranging between $46.61 and $47.54. The trading volume was 22.72 million, which is above the daily average of 22.44 million.

\\n

At $47.13, Pfizer made an initial breakout above 5 day Simple Moving Average, an indication of a positive trend. On the other hand, note that Pfizer could be slowing down soon as it approaches resistance at $47.64. Of course, crossing it might suggest further gains are ahead.

\\n

Overall, looking at the technical analysis landscape, it seems Pfizer might continue pointing upwards in the short term.

\\n

Pfizer's market cap is currently $265 billion the pharmaceuticals and biotechnology company has hit is lowest yearly rate ($46.61) 27 days ago, since then it has recovered 11.54%. So far in 2022, it has been under-performing the Dow by 3.77%.

\\n

\\n
\\n

A growing list of brands have paused their Twitter ads since Elon Musk's takeover, including General Mills, Audi and Pfizer, people familiar with the matter say https://t.co/nCnnMh4H4e

\\n

— The Wall Street Journal (@WSJ) November 5, 2022

\\n

\\n

\\n\",\"\\n

McDonald's gained 0.61% Friday and ended up at $274.62

\\n

(Last update 8:41am EST, November 6, 2022)

\\n

\\n

A quick look at Friday: hesitant but green, McDonald's closed at $274.62 after ranging between $272.13 and $275.71. The trading volume was 3.16 million — slightly under the daily average of 3.19 million.

\\n

McDonald's could be slowing down soon; it is getting close to the resistance line and is now at $276.18, only $1.56 away. Crossing the resistance line could, however, suggest that further gains are ahead. Even though McDonald's is up today, it is worth noting that earlier it dropped below 5 day Simple Moving Average and was trading at $272.69, a possible sign that a negative trend is ahead.

\\n

Overall, looking at the technical analysis landscape, it seems McDonald's is likely to reverse course and start pointing down in the short term.

\\n

McDonald's's market cap is currently $202 billion 2 days ago the fast food company has hit its yearly high point of $275.71, since than it lost 0.61%. So far in 2022, it has been outperforming the Dow by 15.33%.

\\n\",\"\\n

After three days of going up, Bitcoin down $68.15 today

\\n

(Last update 8:41am EST, November 6, 2022)

\\n

\\n

Currently light red, Bitcoin down to $21,232 after ranging between $21,339 and $21,161 today.

\\n

Important graph levels to look out for: Bitcoin might start to recover soon because it is getting close to its support line— now only $141.6 away at $21,100. Dipping below could be an indication that further losses are ahead. 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 Bitcoin's upper Bollinger band at $21,620, indicating a further downward move might be next.

\\n

All in all, while Bitcoin has been going up, technical indicators suggest flatness for the immediate future.

\\n

Bitcoin has a market cap of 407.65 billion Bitcoin is now trading 68.49% below its yearly high ($21,339) that it held 11 months ago.

\\n

\\n
\\n

‘I Overestimated’—Coinbase CEO Admits He Made A Big Mistake After $2 Trillion Bitcoin, Ethereum And Crypto Price Crash https://t.co/Pjq9iIQSPa

\\n

— Forbes (@Forbes) November 6, 2022

\\n

\\n

\\n\",\"\\n

Gold closed at $1,685.7 after making its largest single-day jump

\\n

(Last update 8:41am EST, November 6, 2022)

\\n

\\n

CME Gold jumps by 3.36% for its largest single-day gain since Mar 8.

\\n

At $1,676.53, CME Gold made an initial breakout above 50 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. CME Gold has crossed the upper Bollinger band at $1,684, a sign that possible further gains might be next. In contrast, CME Gold could be slowing down soon as it approaches resistance at $1,688.33. Of course, crossing it might suggest further gains are ahead.

\\n

Examining the technical analysis landscape, CME Gold might continue its downtrend in the short term.

\\n

7 months ago Gold has hit its yearly high point of $1,686.4, since than it lost 20.76%.

\\n

\\n
\\n

A normally dry research report jolted the gold market this week https://t.co/Ibqm07NTlY

\\n

— Bloomberg (@business) November 5, 2022

\\n

\\n

\\n\",\"\\n

West Texas crude reached $93 per barrel after gaining 5.28% Friday

\\n

(Last update 8:41am EST, November 6, 2022)

\\n

\\n

A quick look at Friday: US crude oil spiked to $93 per barrel, gaining $4.65.

\\n

At $88.47, WTI crude oil made an initial breakout above 5 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. In contrast, WTI crude could be slowing down soon; it is getting close to the resistance line and is now at $94.38, only $1.37 away. Crossing the resistance line could, however, suggest that further gains are ahead. West Texas crude's upper Bollinger band is at $92.6, this is a slight indication of a slowdown.

\\n

According to technical analysis, it looks as if US crude oil likely to continue pointing upward in the short term.

\\n

7 months ago WTI crude oil has hit its yearly high point of $93.28, since than it lost 29.19%.

\\n\",\"\\n

Euro-Dollar reached 0.9959 after gaining 2.11% Friday

\\n

(Last update 8:41am EST, November 6, 2022)

\\n

\\n

Friday at a glance: Euro-Dollar spiked to 0.9959, gaining 205 pips.

\\n

At 0.9883, Euro-Dollar made an initial breakout above 50 day Simple Moving Average, an indication of a positive trend. 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.

\\n

Overall, looking at the technical analysis landscape, it seems the Euro might continue pointing upwards in the short term.

\\n

The Euro has lost 4.88% over the last 2 months.

\\n\",\"\\n

The British Pound reached 1.1375 after gaining 1.92% Friday

\\n

(Last update 9:11am EST, November 6, 2022)

\\n

\\n

A quick look at Friday: the British Pound went up to 1.1375 Friday, gaining 1.92%.

\\n

At 1.1327, the Pound made an initial breakout above 50 day Simple Moving Average, an indication of a positive trend.

\\n

Examining the technical analysis landscape, the Pound might continue its downtrend in the short term.

\\n

Sterling-Dollar is up 9.62% on its yearly low (1.1146) that i hit a month ago.

\\n\",\"\\n

Dollar/Yen lost 1.02% Friday, ending at 146.65

\\n

(Last update 9:11am EST, November 6, 2022)

\\n

\\n

Friday at a glance: Dollar/Yen slid down from 148.16 to 146.65, taking a 151 pips loss (1.02%).

\\n

An analysis of Dollar/Yen's chart suggests Dollar/Yen is hovering around the 147.97 immediate support line. Trend indicators show us that at 147.7, Dollar/Yen made an initial breakout below the 21 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.

\\n

Overall, the technical analysis picture suggests Dollar/Yen is neutral for the immediate future, with no clear-cut direction.

\\n

Dollar/Yen has gained 9.86% over the last 2 months.

\\n\",\"\\n

Dollar-Swiss lost 1.85% Friday, ending at 0.9943

\\n

(Last update 9:11am EST, November 6, 2022)

\\n

\\n

A quick look at Friday: Dollar-Swiss went dark red after losing 187 pips, tumbling down to 0.9943.

\\n

At 0.9988, Dollar-Swiss made an initial breakout below the 21 day Simple Moving Average, an indication of a negative trend.

\\n

Overall, looking at the technical analysis landscape, it seems Dollar-Swiss is likely to continue pointing down in the short term.

\\n

Dollar-Swiss has gained 3.69% over the last 2 months.

\\n\",\"\\n

The Australian dollar increased by 178 pips for the first time since June 2015

\\n

(Last update 9:11am EST, November 6, 2022)

\\n

\\n

Aussie-Dollar closed at 0.6471 after it made its largest daily jump of 178 pips (2.84%) since June 2015.

\\n

Although Aussie-Dollar is green today and was as high as 0.6483, it seems to be slowing down slightly and moving away from the 0.6539 resistance line, and is now 68 pips below it. The MACD line is significantly above the MACD signal line, meaning the medium-term trend might turn negative. Aussie-Dollar's upper Bollinger band is at 0.6504, this is a slight indication of a slowdown. Despite this, at 0.6387, Aussie-Dollar made an initial breakout above 21 day Simple Moving Average, an indication of a positive trend.

\\n

Overall, looking at the technical analysis landscape, it seems like a reverse of course (in the short term) might be next for Aussie-Dollar.

\\n

Aussie-Dollar is now trading 17% below its yearly high (0.6483) that it held 7 months ago.

\\n\\n\"],\"title\":\"Financial Markets Review – 6 November 2022 – 09:11:29\",\"date\":\"2022-11-06T14:11:29\"}"; var omg_ads = JSON.parse(decodeHtml(omg_ads_string)); } catch (e) { var omg_ads = JSON.parse(omg_ads_string); }