\\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

Falling for four consecutive days, Amazon ended the session at $87.86 (down 0.67%)

\\n

(Last update 7:31am EST, December 19, 2022)

\\n

\\n

Friday at a glance: Amazon dropped to $87.86 (from $88.45) — a 0.67% loss Friday. The trading volume was 145.60 million, which is higher than the daily average of 76.16 million.

\\n

Important graph levels to look out for: Amazon might start to recover soon because it is getting close to its support line— now only $1.25 away at $86.61. Dipping below could be an indication that further losses are ahead. 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. Analysis based on the asset volatility indicates that Bollinger bands shows an indication of recovery: the lower band is at $86.4, a low enough level to, generally, suggest that Amazon is trading below its value.

\\n

All in all, the technical analysis suggests Amazon has no clear-cut direction.

\\n

The company's market cap is $896.32 billion the tech and retail multifaceted giant has lost 29.38% over the last 2 months. So far in 2022, it has been doing worse than the Nasdaq by 0.84%.

\\n

\\n
\\n

Amazon is putting robots to work. 🤖 @KatieTarasov reports from a same-day facility in Massachusetts. https://t.co/R82LgGHppM pic.twitter.com/cuTh34LZN8

\\n

— CNBC (@CNBC) December 18, 2022

\\n

\\n

\\n\",\"\\n

Microsoft traded at $244.69, down by 1.73% when the session closed

\\n

(Last update 7:56am EST, December 19, 2022)

\\n

\\n

A quick look at Friday: the software giant dropped 1.73% early on and stayed at the $244.69 range. Passing the daily average of 28.71 million, Microsoft traded at 86.10 million Friday.

\\n

A chart visual study suggests Microsoft might start to recover soon because it is getting close to its support line— now only $2.5 away at $242.19. Dipping below could be an indication that further losses are ahead. In terms of trend indicators, we can see that at $247.71, Microsoft 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 Microsoft is neutral for the immediate future, with no clear-cut direction.

\\n

The company's market cap is $1.82 trillion a month ago the software giant has hit its twelve month low point of $243.55, since than it recovered back 16.22%. The Nasdaq has been doing worse in 2022, it has been passing it by 20.87%.

\\n

\\n
\\n

Bill Gates dropped out of Harvard to launch Microsoft. Now he's worth $104 billion. https://t.co/ND6VlDWnW0

\\n

— Forbes (@Forbes) December 18, 2022

\\n

\\n

\\n\",\"\\n

Falling for four consecutive days, Google ended the session at $90.86 (down 0.37%)

\\n

(Last update 7:56am EST, December 19, 2022)

\\n

\\n

A quick look at Friday: Google dropped to $90.86 (from $91.2) — a 0.37% loss Friday. Google went above the daily average (24.36 million) with a volume of 44.41 million.

\\n

Chart pattern study shows Google might start to recover soon because it is getting close to its support line— now only 86 cents away at $90. Dipping below could be an indication that further losses are ahead. 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 $89.67, a low enough level to, generally, suggest that Google is trading below its value.

\\n

All in all, the technical analysis suggests Google has no clear-cut direction.

\\n

Google's market cap currently stands at $552.97 billion hitting its yearly low ($90) a month ago, the leading search engine company has bounced back 9.23% since. So far in 2022, it has performed better than the Nasdaq by 10.15%.

\\n\",\"\\n

Tesla ended the session at $150.23 (-4.72%)

\\n

(Last update 7:56am EST, December 19, 2022)

\\n

\\n

A quick look at Friday: Elon Musk's EV company dropped 4.72% early on and stayed at the $150.23 range. Tesla passed the daily average (95.90 million) with a volume of 129.16 million.

\\n

A study of Tesla's chart pattern shows Tesla might start to recover soon because it is getting close to its support line— now only $3.71 away at $146.52. Dipping below could be an indication that further losses are ahead. 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. According to momentum evaluation, the Relative Strength Index indicates Tesla is in an oversold condition, allowing for more gains. According to asset volatility analysis, Bollinger bands shows an indication of recovery: the lower band is at $147.58, a low enough level to, generally, suggest that Tesla is trading below its value.

\\n

All in all, the technical analysis suggests Tesla has no clear-cut direction.

\\n

The company has a market cap of $474.39 billion 3 days ago the trendy EV maker has hit its twelve month low point of $150.04, since than it recovered back 4.95%. So far in 2022, it has been doing worse than the Nasdaq by 13.87%.

\\n\",\"\\n

After three days of going down, Zoom was flat Friday and closed at $69.86.

\\n

(Last update 7:56am EST, December 19, 2022)

\\n

\\n

Friday at a glance: Zoom closed at $69.86 with no clear-cut direction and ranged between $70.79 and $69.57. Passing the daily average of 3.78 million, Zoom traded at 4.53 million Friday.

\\n

Important graph levels to look out for: Zoom might start to recover soon because it is getting close to its support line— now only 50 cents away at $69.36. Dipping below could be an indication that further losses are ahead. 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. According to asset volatility analysis, Zoom's lower Bollinger band is at $67.78, indicating a positive move might be next.

\\n

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

\\n

The company's market cap is $17.16 billion the US video tech company is now trading 64.8% below its yearly high ($70.79) that it held 11 months ago. So far in 2022, it has been doing worse than the Nasdaq by 14.54%.

\\n\",\"\\n

Stable day for Netflix, trading at $290.71

\\n

(Last update 7:56am EST, December 19, 2022)

\\n

\\n

Friday at a glance: Netflix closed at $290.71 with no clear-cut direction and ranged between $294.72 and $288.7. The trading volume was 12.48 million, which is above the daily average of 9.53 million.

\\n

Chart pattern study shows Netflix might start to recover soon because it is getting close to its support line— now only $2.68 away at $288.03. Dipping below could be an indication that further losses are ahead.

\\n

The company has a market cap of $129.37 billion 11 months ago the streaming heavyweight has hit its yearly high point of $294.72, since than it lost 52.72%. So far in 2022, it has been under-performing the Nasdaq by 3.93%.

\\n\",\"\\n

Walmart closed at $142.75 after losing 1.8% Friday

\\n

(Last update 7:51am EST, December 19, 2022)

\\n

\\n

Friday at a glance: the discount department and warehouse stores chain remained in the $142.75 range after closing Thursday at $145.36 and dropping 1.8% as it reached the end Friday's session. Beating the daily average of 6.56 million, Walmart traded at 12.50 million Friday.

\\n

At $142.92, Walmart made an initial breakout below the 50 day Simple Moving Average, an indication of a negative trend. 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. Despite this, Walmart might start to recover soon because it is getting close to its support line— now only 78 cents away at $141.97. Dipping below could be an indication that further losses are ahead. Bollinger bands shows an indication of recovery: the lower band is at $142.63, a low enough level to, generally, suggest that Walmart is trading below its value.

\\n

In general, examining the technical analysis landscape, although indicators are mixed further drawbacks may be next for Walmart.

\\n

Walmart's market cap is currently $384.97 billion the warehouse stores chain company is now trading 22.88% above its yearly low ($144.72) that it has slumped into 6 months ago. So far in 2022, it has been outperforming the Dow Jones by 9.75%.

\\n

\\n
\\n

Walmart wants a bigger share of the e-commerce market – and a key part of the retailer’s strategy counts on customer trust. With Walmart’s InHome service, employees walk into customers’ homes and put food directly into the fridge or on the kitchen counter. https://t.co/yXddXlLRPa pic.twitter.com/qeOg5UuKWh

\\n

— CNBC (@CNBC) December 18, 2022

\\n

\\n

\\n\",\"\\n

Procter & Gamble ended the session at $150.44 (-0.44%)

\\n

(Last update 7:51am EST, December 19, 2022)

\\n

\\n

Friday at a glance: the consumer goods corporation dropped 0.44% early on and stayed at the $150.44 range. The trading volume was 14.55 million, which is higher than the daily average of 6.82 million.

\\n

Despite this, Procter & Gamble is hovering around the $149.28 immediate support line.

\\n

The company's market cap is $356.50 billion hitting its yearly low ($149.02) 2 months ago, the consumer goods company has bounced back 22.1% since. The Dow Jones has been doing worse in 2022, it has been passing it by 3.42%.

\\n\",\"\\n

Walt Disney closed at $90.08 (down 0.45%) and added one more to its 4th straight day of losses

\\n

(Last update 7:51am EST, December 19, 2022)

\\n

\\n

Friday at a glance: the entertainment and content production company remained in the $90.08 range after closing Thursday at $90.49 and dropping 0.45% as it reached the end Friday's session. Trading volume (24.55 million) was higher than the latest 21 day volume average by 147%.

\\n

A chart visual study suggests although Walt Disney is down today and was as low as $88.81, it seems to be recovering slightly and climbing away from the $88.9 support line and is now $1.18 above 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. Asset volatility analysis shows that Bollinger bands shows an indication of recovery: the lower band is at $89, a low enough level to, generally, suggest that Walt Disney is trading below its value.

\\n

Overall, the technical analysis picture suggests Walt Disney is neutral for the immediate future, with no clear-cut direction.

\\n

The company's market cap is $164.27 billion the entertainment and content production company has lost 17.42% over the last 2 months. So far in 2022, it has been doing worse than the Dow by 31.39%.

\\n\",\"\\n

Coca-Cola ended the session at $62.75 (-0.57%)

\\n

(Last update 7:51am EST, December 19, 2022)

\\n

\\n

Friday at a glance: the soft drink company dropped 0.57% early on and stayed at the $62.75 range. The trading volume was 23.24 million, which is higher than the daily average of 12.97 million.

\\n

Coca-Cola reversed direction at $62.34 support zone and climbed 41 cents above it. Although down today, it's worth noting that in earlier trading Coca-Cola peaked above the $62.93 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 $61.97, a low enough level to, generally, suggest that Coca-Cola is trading below its value.

\\n

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

\\n

The company's market cap is $271.36 billion hitting its yearly low ($62.33) 2 months ago, the soft drink company has bounced back 16.03% since. So far in 2022 it has been beating the Dow by 16.82%.

\\n\",\"\\n

Pfizer ended the session at $51.4, dropping $2.21

\\n

(Last update 7:51am EST, December 19, 2022)

\\n

\\n

Pfizer traded at $51.4 after making its biggest single-day drop of $2.21 (4.12%) since Jun 13.

\\n

At $51.84, Pfizer made an initial breakout below the 10 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. Despite this, Pfizer might start to recover soon because it is getting close to its support line— now only 58 cents away at $50.82. Dipping below could be an indication that further losses are ahead.

\\n

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

\\n

Pfizer's market cap is currently $288.52 billion the pharmaceuticals and biotechnology company is now trading 28.41% above its yearly low ($53.14) that it has slumped into 2 months ago. So far in 2022 it has been beating the Dow by 2.12%.

\\n

\\n
\\n

Pfizer defeats race-bias lawsuit over minority fellowship program https://t.co/h6NiMlfkIq pic.twitter.com/9Tzkks6hiK

\\n

— Reuters (@Reuters) December 17, 2022

\\n

\\n

\\n\",\"\\n

McDonald's closed at $266.12 after losing 2.06% Friday

\\n

(Last update 7:56am EST, December 19, 2022)

\\n

\\n

A quick look at Friday: after closing the previous trading day at $271.73 and dropping to $265.76, the fast food giant closed Friday at $266.12. Overall, McDonald's lost 2.06% of its value. Higher than the daily average of 2.97 million, McDonald's traded with a volume of 5.31 million Friday.

\\n

Important graph levels to look out for: McDonald's might start to recover soon because it is getting close to its support line— now only $1.87 away at $264.25. Dipping below could be an indication that further losses are ahead. 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 $267.35, a low enough level to, generally, suggest that McDonald's is trading below its value.

\\n

Overall, the technical analysis picture suggests McDonald's is neutral for the immediate future, with no clear-cut direction.

\\n

McDonald's is currently trading with a market cap of $194.91 billion hitting its yearly low ($265.76) 9 months ago, the fast food giant has bounced back 22.4% since. The Dow has been doing worse in 2022, it has been passing it by 10.14%.

\\n\",\"\\n

Bitcoin parks at $16,759

\\n

(Last update 7:56am EST, December 19, 2022)

\\n

\\n

Bitcoin is trading at $16,759 with no clear-cut direction, ranging between $16,800 and $16,676.

\\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 $109.59 away at $16,649. Dipping below could be an indication that further losses are ahead. In terms of trend indicators, we can see that at $16,924, Bitcoin made an initial breakout above 3 day Simple Moving Average, an indication of a positive 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. 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 Bitcoin's lower Bollinger band is at $16,500, indicating a positive move might be next.

\\n

Overall, technical indicators suggest Bitcoin has no obvious direction for the immediate future.

\\n

Bitcoin is currently trading with a market cap of 322.40 billion 11 months ago Bitcoin has hit its yearly high point of $16,800, since than it lost 67.3%.

\\n

\\n
\\n

Grayscale is trying to assuage the fears of Grayscale Bitcoin Trust investors following the collapse of crypto exchange FTX https://t.co/7uaBciutqx

\\n

— The Wall Street Journal (@WSJ) December 19, 2022

\\n

\\n

\\n\",\"\\n

CME Gold improves to $1,803.5 per ounce up $3.3

\\n

(Last update 7:56am EST, December 19, 2022)

\\n

\\n

CME Gold trades at $1,803.5 per ounce after gaining $3.3 (0.18%).

\\n

A chart visual study suggests CME Gold could be slowing down soon; it is getting close to the resistance line and is now at $1,813.43, only $9.93 away. Crossing the resistance line could, however, suggest that further gains are ahead.

\\n

Hitting its yearly low ($1,800) 2 months ago, CME Gold has bounced back 10.9% since.

\\n\",\"\\n

US crude oil increases to $74.88 per barrel

\\n

(Last update 7:56am EST, December 19, 2022)

\\n

\\n

West Texas crude is on a bit of a rollercoaster today: spiking to $75.69 only to drop back to $74.29, now rallying again to $74.88 per barrel.

\\n

Although WTI crude is green today and was as high as $75.69, it seems to be slowing down slightly and moving away from the $76.13 resistance line, and is now $1.25 below it. Although up today, it's worth noting that earlier West Texas crude dropped below the 10 day Simple Moving Average as it was trading at $74.19, usually an indication that a negative trend is ahead.

\\n

US crude oil is likely to reverse course and start pointing downward in the short term.

\\n

West Texas crude has lost 32.19% over the last 5 months.

\\n\",\"\\n

The Euro up 29 pips, trading around 1.0618

\\n

(Last update 7:56am EST, December 19, 2022)

\\n

\\n

After ending the previous trading day at 1.0589, Euro-Dollar went up to 1.066 only to drop back; still positive overall today, now trading at 1.0618.

\\n

At 1.0624, the Euro made an initial breakout above 5 day Simple Moving Average, an indication of a positive trend.

\\n

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

\\n

Euro-Dollar has hit is lowest yearly rate (1.0573) 2 months ago, since then it has recovered 10.34%.

\\n\",\"\\n

After three days of going down, Sterling-Dollar up 30 pips today

\\n

(Last update 8:11am EST, December 19, 2022)

\\n

\\n

After ending Friday at 1.214, GBP/USD spiked to 1.2241, dropped back to starting point range and is now rallying to close at 1.217 today.

\\n

At 1.2179, the Pound made an initial breakout above 21 day Simple Moving Average, an indication of a positive trend.

\\n

Examining the technical analysis landscape, Sterling-Dollar might continue its downtrend in the short term.

\\n

The British Pound is now trading 19.24% above its yearly low (1.2241) that it has slumped into 2 months ago.

\\n\",\"\\n

Dollar/Yen draws back to 136.46 (down 21 pips) after ending the previous session at 136.68.

\\n

(Last update 8:11am EST, December 19, 2022)

\\n

\\n

Dollar/Yen weakened earlier in the day, before moving off the 135.73 low and recovering almost back to 136.46.

\\n

Chart pattern study shows Dollar/Yen broke through the 136 support line and dropped 46 pips below it. In terms of trend indicators, we can see that although down today, it's worth noting that in earlier trading Dollar/Yen peaked above the 136.32 5 day Simple Moving Average, usually an indication that a positive move might be approaching. The MACD line is significantly above the MACD signal line, meaning the medium-term trend might turn negative.

\\n

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

\\n

Dollar/Yen is now trading 8.94% below its yearly high (136.69) that it held a month ago.

\\n

\\n
\\n

USD/JPY holds lower to start the week amid BOJ rumourshttps://t.co/Jj6a54JELe

\\n

— ForexLive (@ForexLive) December 19, 2022

\\n

\\n

\\n\",\"\\n

Dollar-Swiss is down 17 pips (0.18%), trading around 0.9322

\\n

(Last update 8:11am EST, December 19, 2022)

\\n

\\n

Dollar-Swiss weakened earlier in the day, before moving off the 0.9279 low and recovering almost back to 0.9322.

\\n

At 0.932, Dollar-Swiss made an initial breakout below the 10 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 is now trading 7.85% below its yearly high (0.9348) that it held a month ago.

\\n\",\"\\n

Aussie-Dollar up 24 pips, trading around 0.6713

\\n

(Last update 8:11am EST, December 19, 2022)

\\n

\\n

The Australian dollar is rallying again to 0.6713 (up 24 pips), after erasing earlier gains.

\\n

At 0.6746, the Australian dollar made an initial breakout above 3 day Simple Moving Average, an indication of a positive trend. Despite this, the Australian dollar broke through the 0.6713 resistance and climbed 1 pips above it.

\\n

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

\\n

The Australian dollar is now trading 7.64% above its yearly low (0.6735) that it has slumped into 2 months ago.

\\n\\n\"],\"title\":\"Financial Markets Review – 19 December 2022 – 08:11:31\",\"date\":\"2022-12-19T13:11:31\"}"; var omg_ads = JSON.parse(decodeHtml(omg_ads_string)); } catch (e) { var omg_ads = JSON.parse(omg_ads_string); }