\\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 dropped by 0.79% and closed the session at $85.14

\\n

(Last update 12:51am EST, January 5, 2023)

\\n

\\n

A quick look at yesterday: Jeff Bezos’s company​ recovered some, but not quite all the way back to $85.82​ after dipping down to $83.36​ yesterday. Trading volume (66.71 million) was slightly under the latest 21 day average volume by 90%.

\\n

At $84.48, Amazon made an initial breakout below the 10 day Simple Moving Average, an indication of a negative trend. "Bearish engulfing”, when it appears on top of a bullish overall trend, as it is now, some traders would consider this as an indication of a trend reversal. In contrast, although Amazon is pointing down today (was as low as $83.36), it's climbing away from the $83.34 support line and is now $1.8 above it.

\\n

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

\\n

The company's market cap is $868.57 billion Jeff Bezos’s company has hit is lowest yearly rate ($83.36) 8 days ago, since then it has recovered 4.89%. So far in 2022, it has been under-performing the Nasdaq by 1.48%.

\\n

\\n
\\n

Amazon is laying off more than 18,000 employees in the latest sign that a technology slump is deepening.@SuKeenanTV reports on @BloombergTV https://t.co/JlZn3KDKh4 pic.twitter.com/L1NIa0Woub

\\n

— Bloomberg TV (@BloombergTV) January 5, 2023

\\n

\\n

\\n\",\"\\n

Microsoft lost 4.37% yesterday, closed at $229.1

\\n

(Last update 12:26am EST, January 5, 2023)

\\n

\\n

A quick look at yesterday: the software giant remained in the $229.1 range, after closing Tuesday at $239.58 and dropping by 4.37% yesterday. Trading volume (49 million) was higher than the latest 21 day volume average by 174%.

\\n

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. Microsoft has just crossed the lower Bollinger band at $229.7, indicating further loses might be next. Despite this, Microsoft might start to recover soon because it is getting close to its support line— now only $4.89 away at $224.21. Dipping below could be an indication that further losses are ahead. The MACD line is significantly below the MACD signal line, meaning this medium-term trend might turn positive.

\\n

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

\\n

The company has a market cap of $1.71 trillion the software giant is now trading 11.82% above its yearly low ($232.87) that it has slumped into 2 months ago.

\\n

\\n
\\n

ChatGPT could invigorate Microsoft's Bing, if it can overcome accuracy issues, says @parmy https://t.co/pn6q7DMvxq via @opinion

\\n

— Bloomberg (@business) January 4, 2023

\\n

\\n

\\n\",\"\\n

Google traded at $88.71, down by 1.1% when the session closed

\\n

(Last update 12:26am EST, January 5, 2023)

\\n

\\n

Yesterday at a glance: the search engine giant remained in the $88.71 range, after closing Tuesday at $89.7 and dropping by 1.1% yesterday. Slightly greater than the daily average of 23.69 million, Google traded with a volume of 26 million yesterday.

\\n

At $88.89, Google made an initial breakout below the 10 day Simple Moving Average, an indication of a negative trend. On the other hand, note that Google broke through the $88.63 support line and dropped 8 cents below it.

\\n

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

\\n

Google's market cap currently stands at $1.14 trillion 11 months ago the search engine giant has hit its yearly high point of $91.23, since than it lost 39.41%.

\\n

\\n
\\n

India tribunal declines Google's request to block Android antitrust ruling https://t.co/VfYZobTW56 pic.twitter.com/D1MaECN2ic

\\n

— Reuters (@Reuters) January 4, 2023

\\n

\\n

\\n\",\"\\n

Tesla went up by 5.12%, ended yesterday at $113.64

\\n

(Last update 12:26am EST, January 5, 2023)

\\n

\\n

A quick look at yesterday: after closing Tuesday at $108.1, Tesla closed at $113.64 yesterday after climbing to $114.59 and dropping back down. The trading volume was 178.66 million; higher than the daily average of 147.41 million.

\\n

Tesla could be slowing down soon; it is getting close to the resistance line and is now at $116.39, only $2.75 away. Crossing the resistance line could, however, suggest that further gains are ahead.

\\n

The company has a market cap of $358.85 billion Elon Musk's EV company has lost 56.66% over the last 2 months.

\\n\",\"\\n

Zoom closed at $67.65 after gaining 1.49% yesterday

\\n

(Last update 12:26am EST, January 5, 2023)

\\n

\\n

A quick look at yesterday: after ending Tuesday at $66.66, Zoom went up to $68 only to drop back, yet still traded well overall and closed at $67.65 yesterday. The trading volume was 2.88 million which is below the daily average of 3 million.

\\n

At $67.26, Zoom made an initial breakout above 10 day Simple Moving Average, an indication of a positive trend. Zoom's lower Bollinger band is at $63.9, indicating further gains might be next. In contrast, Zoom could be slowing down soon as it approaches resistance at $68.6. Of course, crossing it might suggest further gains are ahead.

\\n

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

\\n

The company has a market cap of $19.78 billion the video communications platform provider lost 62.94% over the last twelve month.

\\n\",\"\\n

Yesterday Netflix went up and closed at $309.41

\\n

(Last update 12:26am EST, January 5, 2023)

\\n

\\n

Yesterday at a glance: the streaming company went up to $309.41, gaining 4.9%. Netflix went above the daily average (8.82 million) with a volume of 9.28 million.

\\n

Netflix broke through the $299.33 resistance, climbing $10.08 above it. At $301, Netflix made an initial breakout above 21 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

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

\\n

Netflix's market cap is currently $137.69 billion the streaming heavyweight lost 50.11% over the last twelve month.

\\n\",\"\\n

Stable day for Walmart, parking at $143.76

\\n

(Last update 12:41am EST, January 5, 2023)

\\n

\\n

Yesterday at a glance: after dropping down to $142.07, the warehouse stores chain company recovers some losses and is currently trading at $143.76. Trading volume (4.31 million) was slightly under the latest 21 day average volume by 74%.

\\n

Walmart reversed direction at $142.56 support zone and climbed $1.2 above it. At $143.19, Walmart made an initial breakout above 10 day Simple Moving Average, an indication of a positive trend.

\\n

Overall, looking at the technical analysis landscape, it seems Walmart might start pointing upward in the short term.

\\n

The company has a market cap of $387.69 billion the warehouse stores chain company is now trading 21.4% above its yearly low ($144.05) that it has slumped into 6 months ago.

\\n\",\"\\n

Procter & Gamble went up by 0.44%, ended yesterday at $152.23

\\n

(Last update 12:41am EST, January 5, 2023)

\\n

\\n

Yesterday at a glance: after ending Tuesday at $151.57, Procter & Gamble went up to $153.38 only to drop back, yet still traded well overall and closed at $152.23 yesterday. The trading volume was slightly under the latest 21 day average volume at 5.70 million (91% of average).

\\n

Procter & Gamble reversed direction at $152.48 resistance zone and retreated back 25 cents below it. Although up today, it's worth noting that earlier Procter & Gamble dropped below the 21 day Simple Moving Average as it was trading at $151.41, usually an indication that a negative trend is ahead. A slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at $153.77 – a high enough level to usually suggest Procter & Gamble is trading above its value.

\\n

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

\\n

The company's market cap is $360.74 billion the consumer goods corporation is now trading 22.47% above its yearly low ($153.38) that it has slumped into 2 months ago.

\\n\",\"\\n

Walt Disney closed at $92 after gaining 3.38% yesterday

\\n

(Last update 12:41am EST, January 5, 2023)

\\n

\\n

A quick look at yesterday: after ending Tuesday at $88.97, Walt Disney went up to $92.75 only to drop back, yet still traded well overall and closed at $92 yesterday. The trading volume was 12.85 million — below the daily average of 14.35 million.

\\n

At $90.37, Walt Disney made an initial breakout above 21 day Simple Moving Average, an indication of a positive trend. On the other hand, note that although Walt Disney is green today and was as high as $92.75, it seems to be slowing down slightly and moving away from the $93.36 resistance line, and is now $1.38 below it.

\\n

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

\\n

The company's market cap is $167.73 billion the entertainment and content production company gained 3.5% so far this year (2022). So far in 2022, it has been outperforming the Dow Jones by 3.1%.

\\n\",\"\\n

Stable day for Coca-Cola, trading at $62.92

\\n

(Last update 12:41am EST, January 5, 2023)

\\n

\\n

Yesterday at a glance: Coca-Cola closed at $62.92 with no clear-cut direction and ranged between $63.33 and $62.51. The trading volume was 13.23 million; slightly above the daily average of 11 million.

\\n

Coca-Cola is climbing away and is now 69 cents from the $62.23 support line. Coca-Cola's lower Bollinger band is at $62.57, indicating a positive move might be next.

\\n

Overall, looking at the technical analysis landscape, it seems Coca-Cola might start pointing upward in the short term.

\\n

The company has a market cap of $272 billion the soft drink company has hit is lowest yearly rate ($62.51) 2 months ago, since then it has recovered 15.74%.

\\n\",\"\\n

Pfizer lost 2.2% yesterday, closed at $50.13

\\n

(Last update 12:41am EST, January 5, 2023)

\\n

\\n

Yesterday at a glance: the multinational pharma juggernaut dropped 2.2% early on and stayed at the $50.13 range. Pfizer passed the daily average (19.60 million) with a volume of 21.67 million.

\\n

A chart visual study suggests the resistance level is at $51.45, followed by $51.64. 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 $49.41, a low enough level to, generally, suggest that Pfizer is trading below its value.

\\n

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

\\n

The company has a market cap of $281.40 billion the multinational pharma juggernaut is now trading 22.78% above its yearly low ($50.63) that it has slumped into 2 months ago.

\\n\",\"\\n

Stable day for McDonald's, parking at $264.39

\\n

(Last update 12:31am EST, January 5, 2023)

\\n

\\n

A quick look at yesterday: after ending Tuesday at $264.33, McDonald's went up to $266.55 only to drop back to its starting point and close at $264.39. Trading volume (1.83 million) was slightly under the latest 21 day average volume by 73%.

\\n

A chart visual study suggests McDonald's might start to recover soon because it is getting close to its support line— now only $3.28 away at $261.11. Dipping below could be an indication that further losses are ahead. In terms of trend indicators, we can see that at $265.15, McDonald's made an initial breakout below the 5 day Simple Moving Average, an indication of a negative trend. Asset volatility analysis shows that McDonald's's lower Bollinger band is at $261.06, indicating a positive move might be next. Japanese Candlestick formations detected today show that "bullish harami”, whenever it appears on top of a bearish overall trend, some traders would consider this as an indication of a trend reversal.

\\n

All in all, the technical analysis suggests McDonald's has no clear-cut direction.

\\n

McDonald's's market cap currently stands at $193.65 billion the fast food giant has gained 10.83% over the last 2 months.

\\n\",\"\\n

A slow down? After four days of going up, Bitcoin is flat today, hovering around $16,850.

\\n

(Last update 12:31am EST, January 5, 2023)

\\n

\\n

Bitcoin drops from $16,867 to $16,850, losing $17.16 (0.1%) today.

\\n

Bitcoin chart analysis: Bitcoin might start to recover soon because it is getting close to its support line— now only $150.46 away at $16,700. Dipping below could be an indication that further losses are ahead. In terms of trend indicators, we can see that medium-term trend indication has turned positive as the MACD (moving average convergence divergence) index generated a crossover buy signal. This occurs as the MACD line crosses above the MACD signal line. According to asset volatility analysis, Bitcoin's upper Bollinger band is at $17,000, indicating a downward move might be next.

\\n

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

\\n

Bitcoin has a market cap of 324.40 billion Bitcoin is now trading 64.47% below its yearly high ($16,883) that it held 9 months ago.

\\n\",\"\\n

CME Gold steady at $1,857 per ounce, no significant movement

\\n

(Last update 12:31am EST, January 5, 2023)

\\n

\\n

CME Gold trades at $1,857 per ounce, after ending yesterday at $1,859.

\\n

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 asset volatility analysis, Gold's upper Bollinger band is at $1,847, indicating a downward move might be next.

\\n

Overall, while CME Gold has been on an uptrend, technical indicators suggest that it has no obvious direction for the immediate future.

\\n

Gold gained 1.09% so far this year (2022).

\\n\",\"\\n

West Texas crude up 1.29%, trading at $73.78 per barrel

\\n

(Last update 12:31am EST, January 5, 2023)

\\n

\\n

After closing the previous trading day at $72.84, WTI crude is up to $73.78 per barrel, which makes for a move of 1.29%/94 cents today.

\\n

West Texas crude's lower Bollinger band is at $71.13, indicating further gains might be next.

\\n

Examining the technical analysis landscape, US crude oil might continue its downtrend in the short term.

\\n

The year 2022 has not been the best for West Texas crude, it lost 4.37% of its value.

\\n\",\"\\n

Euro-Dollar steady at 1.0607, no significant movement

\\n

(Last update 12:31am EST, January 5, 2023)

\\n

\\n

Light red, mostly flat: the Euro is ranging between 1.0635 and 1.0604 and is now at 1.0607.

\\n

Euro-Dollar might start to recover soon because it is getting close to its support line— now only 61 pips away at 1.0545. Dipping below could be an indication that further losses are ahead. Although down today, it's worth noting that in earlier trading Euro-Dollar peaked above the 1.062 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 1.0553, a low enough level to, generally, suggest that Euro-Dollar is trading below its value.

\\n

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

\\n

The year 2022 has not been the best for Euro-Dollar, it lost 1.24% of its value.

\\n\",\"\\n

Stable day for Sterling-Dollar, trading at 1.2047

\\n

(Last update 1:11am EST, January 5, 2023)

\\n

\\n

GBP/USD is sliding down from 1.2057 to 1.2047, taking a 10 pips loss (0.09%) today.

\\n

At 1.2042, Sterling-Dollar made an initial breakout below the 10 day Simple Moving Average, an indication of a negative trend. On the other hand, note that the Pound might start to recover soon because it is getting close to its support line— now only 83 pips away at 1.1963. Dipping below could be an indication that further losses are ahead.

\\n

Overall, looking at the technical analysis landscape, it seems the British Pound is likely to start pointing downward in the short term.

\\n

3 months ago the Pound has hit its twelve month low point of 1.203, since than it recovered back 18.43%.

\\n\",\"\\n

Stable day for Dollar/Yen, trading at 132.34

\\n

(Last update 1:11am EST, January 5, 2023)

\\n

\\n

Dollar/Yen recovering almost all the way back to 132.44 today, after dipping down to 131.67.

\\n

Although Dollar/Yen is down today and was as low as 131.67, it seems to be recovering slightly and climbing away from the 131 support line and is now 133 pips above it. Although down today, it's worth noting that in earlier trading Dollar/Yen peaked above the 132.28 10 day Simple Moving Average, usually an indication that a positive move might be approaching. Even though currently pointing down, earlier the 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 Dollar/Yen might start pointing upward in the short term.

\\n

Dollar/Yen is now trading 11.77% below its yearly high (132.62) that it held 2 months ago.

\\n\",\"\\n

Stable day for Dollar-Swiss, parking at 0.9292

\\n

(Last update 1:11am EST, January 5, 2023)

\\n

\\n

Light red, mostly flat: Dollar-Swiss is ranging between 0.9308 and 0.9274 and is now at 0.9292.

\\n

At 0.9281, 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 start pointing downward in the short term.

\\n

Dollar-Swiss gained 1.48% so far this year (2022).

\\n\",\"\\n

The Australian dollar decreases to 0.683 (down 11 pips) after ending the previous session at 0.6841.

\\n

(Last update 1:11am EST, January 5, 2023)

\\n

\\n

Aussie-Dollar slides down from 0.6841 to 0.683 today, losing 11 pips (0.16%).

\\n

At 0.6807, Aussie-Dollar made an initial breakout below the 200 day Simple Moving Average, an indication of a negative trend. Aussie-Dollar's upper Bollinger band at 0.6865, indicating a further downward move might be next. 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.

\\n

Overall, 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 Aussie-Dollar.

\\n

The year 2022 has not been the best for the Australian dollar, it lost 0.97% of its value.

\\n\\n\"],\"title\":\"Financial Markets Review – 5 January 2023 – 01:11:27\",\"date\":\"2023-01-05T06:11:27\"}"; var omg_ads = JSON.parse(decodeHtml(omg_ads_string)); } catch (e) { var omg_ads = JSON.parse(omg_ads_string); }