\\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 3%, ended Friday at $98.12

\\n

(Last update 11:31am EST, January 16, 2023)

\\n

\\n

Friday at a glance: the tech and retail multifaceted giant went up to $98.12, gaining 3%. The trading volume was 85.28 million, which is above the daily average of 75.90 million.

\\n

Visual analysis of Amazon's price graph shows Amazon could be slowing down soon as it approaches resistance at $99.62. Of course, crossing it might suggest further gains 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. Analysis based on the asset volatility indicates that Amazon's upper Bollinger band is at $97.4, this is a slight indication of a slowdown.

\\n

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

\\n

The company has a market cap of $1 trillion Jeff Bezos’s company gained 14.82% so far this year (2022). So far in 2022 it has been beating the Nasdaq by 8.53%.

\\n

\\n
\\n

At Amazon, even the HR staffers are looking for new jobs while still employed, a sign of growing nervousness over layoffs https://t.co/dq3EpSF8Ao

\\n

— Bloomberg (@business) January 16, 2023

\\n

\\n

\\n\",\"\\n

Microsoft ended the session at $239.23, up 0.3%, adding another to its 7th straight day of gains

\\n

(Last update 11:41am EST, January 16, 2023)

\\n

\\n

A quick look at Friday: after dipping down to $234.95, Microsoft regained earlier losses and ended up at $239.23. The trading volume was 21.30 million — slightly under the daily average of 31 million.

\\n

A study of Microsoft's chart pattern shows Microsoft could be slowing down soon as it approaches resistance at $240.76. Of course, crossing it might suggest further gains are ahead. Trend indicators show us that at $238.57, Microsoft made an initial breakout above 21 day Simple Moving Average, an indication of a positive trend. The MACD line is significantly above the MACD signal line, meaning the medium-term trend might turn negative.

\\n

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

\\n

The company's market cap is $1.78 trillion the software giant is now trading 11.32% above its yearly low ($239.37) that it has slumped into 2 months ago. So far in 2022, it has been under-performing the Nasdaq by 6.44%.

\\n

\\n
\\n

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

\\n

— Forbes (@Forbes) January 16, 2023

\\n

\\n

\\n\",\"\\n

Friday Google went up and closed at $92.8

\\n

(Last update 11:41am EST, January 16, 2023)

\\n

\\n

A quick look at Friday: after ending Thursday at $91.91, Google went up to $92.97 only to drop back, yet still traded well overall and closed at $92.8 Friday. The trading volume was 18.60 million — slightly below the daily average of 23.41 million.

\\n

At $92.79, Google 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. On the other hand, note that Google could be slowing down soon; it is getting close to the resistance line and is now at $93.54, only 74 cents away. Crossing the resistance line could, however, suggest that further gains are ahead. A slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at $93.09 – a high enough level to usually suggest Google is trading above its value.

\\n

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

\\n

Google's market cap is currently $1.20 trillion the search engine giant gained 3.49% so far this year (2022). So far in 2022, it has been under-performing the Nasdaq by 2.8%.

\\n

\\n
\\n

After Months Of Protest, Google Search Quality Raters Finally Get A Raise https://t.co/O3g2qjN37Z pic.twitter.com/trNUrASfg8

\\n

— Forbes (@Forbes) January 15, 2023

\\n

\\n

\\n\",\"\\n

Tesla lost 0.94% Friday, closed at $122.4

\\n

(Last update 11:41am EST, January 16, 2023)

\\n

\\n

A quick look at Friday: the trendy EV maker​ recovered some, but not quite all the way back to $123.56​ after dipping down to $115.6​ Friday. Tesla went above the daily average (176.94 million) with a volume of 180.71 million.

\\n

At $117.55, Tesla made an initial breakout below the 10 day Simple Moving Average, an indication of a negative trend. In contrast, although Tesla is pointing down today (was as low as $115.6), it's climbing away from the $113.18 support line and is now $9.22 above it.

\\n

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

\\n

Tesla has a market cap of $386.51 billion the trendy EV maker is now trading 14.3% above its yearly low ($122.63) that it has slumped into 13 days ago. So far in 2022 it has been beating the Nasdaq by 6.8%.

\\n\",\"\\n

After three days of going down, Zoom was mostly flat Friday and closed at $69.49.

\\n

(Last update 11:41am EST, January 16, 2023)

\\n

\\n

Friday at a glance: after ending Friday at $69.91, the video communications platform provider recovers back to $69.49 after dipping down to $68.67 earlier today. The trading volume was 2.34 million which is below the daily average of 3 million.

\\n

Chart pattern study shows Zoom might start to recover soon because it is getting close to its support line— now only 94 cents away at $68.55. Dipping below could be an indication that further losses are ahead. Trend indicators show us that at $70.07, Zoom made an initial breakout above 5 day Simple Moving Average, an indication of a positive trend. Asset volatility analysis shows that Zoom's upper Bollinger band is at $71.83, indicating a downward move might be next.

\\n

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

\\n

Zoom has a market cap of $20.31 billion the US video tech company lost 56.34% over the last twelve month. So far in 2022, it has been doing worse than the Nasdaq by 2.07%.

\\n\",\"\\n

Netflix gains 0.81%, closes at $332.82 ahead of the quarterly earnings report set for Thursday

\\n

(Last update 11:41am EST, January 16, 2023)

\\n

\\n

A quick look at Friday: Netflix spiked to $336.65 Friday, dropped back to starting point range, and rallied again to $332.82. This comes following Thursday's session in which it closed at $330.13. The trading volume was 8.27 million which is below the daily average of 8.65 million.

\\n

Netflix is scheduled to announce earnings results Thursday. The consensus EPS estimate is 0.45 and the consensus revenue estimate is $7.82 billion.

\\n

Important graph levels to look out for: although Netflix is green today and was as high as $336.65, it seems to be slowing down slightly and moving away from the $336.69 resistance line, and is now $3.87 below it. 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. Analysis based on the asset volatility indicates that Netflix's upper Bollinger band is at $339.74, this is a slight indication of a slowdown.

\\n

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

\\n

The company has a market cap of $148.11 billion the streaming company gained 12.96% so far this year (2022). The Nasdaq has been doing worse in 2022, it has been passing it by 6.67%.

\\n\",\"\\n

Walmart gained 0.33% Friday and ended up at $145.29

\\n

(Last update 11:41am EST, January 16, 2023)

\\n

\\n

A quick look at Friday: Walmart recovered from the previous trading session's losses and went up to $145.29 Friday after it traded lower at $143.87. The trading volume was 4.57 million, which is below the daily average of 5 million.

\\n

Walmart could be slowing down soon as it approaches resistance at $146.12. Of course, crossing it might suggest further gains are ahead. Although up today, it's worth noting that earlier Walmart dropped below the 21 day Simple Moving Average as it was trading at $144.23, 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 $146.79 – a high enough level to usually suggest Walmart is trading above its value.

\\n

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

\\n

Walmart has a market cap of $391.82 billion the discount department and warehouse stores chain has gained 11.44% over the last 2 months. So far in 2022, it has been under-performing the Dow Jones by 2.23%.

\\n

\\n
\\n

TikTok raised over $100,000 for an 82-year-old Walmart cashier after a viral video. Now the U.S. Navy veteran can finally retire https://t.co/RO2yFgyo0o via @FortuneMagazine

\\n

— Yahoo Finance (@YahooFinance) January 14, 2023

\\n

\\n

\\n\",\"\\n

Friday Procter & Gamble went up and closed at $150.88

\\n

(Last update 11:41am EST, January 16, 2023)

\\n

\\n

Friday at a glance: the consumer goods corporation went up to $150.88, gaining 0.71%. Trading volume (5.54 million) was slightly under the latest 21 day average volume by 85%.

\\n

Procter & Gamble is scheduled to announce earnings results Thursday. The consensus Earnings Per Share estimate is 1.58 and the consensus revenue estimate is $20.67 billion.

\\n

At $150.79, Procter & Gamble made an initial breakout above 3 day Simple Moving Average, an indication of a positive trend. Procter & Gamble's lower Bollinger band is at $149.38, indicating further gains might be next. In contrast, although Procter & Gamble is green today and was as high as $151.03, it seems to be slowing down slightly and moving away from the $151.48 resistance line, and is now 60 cents below it.

\\n

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

\\n

Procter & Gamble is currently trading with a market cap of $357.54 billion the consumer goods corporation has gained 20.8% over the last 2 months. So far in 2022, it has been under-performing the Dow Jones by 3.87%.

\\n\",\"\\n

Walt Disney lost 0.41% Friday, closed at $99.4

\\n

(Last update 11:41am EST, January 16, 2023)

\\n

\\n

A quick look at Friday: the entertainment and content production company​ recovered some, but not quite all the way back to $99.81​ after dipping down to $98​ Friday. The trading volume was slightly below the latest 21 day average volume at 12.23 million (87% of average).

\\n

Important graph levels to look out for: although Walt Disney is pointing down today (was as low as $98), it's climbing away from the $98.41 support line and is now 99 cents above it. 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, Walt Disney's upper Bollinger band at $100.9, indicating a further downward move might be next.

\\n

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

\\n

Walt Disney's market cap is currently $181.26 billion the entertainment and content production company is now trading 18.58% above its yearly low ($99.6) that it has slumped into 19 days ago. So far in 2022, it has performed better than the Dow Jones by 8.26%.

\\n\",\"\\n

Coca-Cola closed at $61.43 after gaining 0.36% Friday

\\n

(Last update 11:41am EST, January 16, 2023)

\\n

\\n

Friday at a glance: Coca-Cola recovered from the previous trading session's losses and went up to $61.43 Friday after it traded lower at $60.59. Coca-Cola passed the daily average (10.70 million) with a volume of 13.92 million.

\\n

Visual analysis of Coca-Cola's price graph shows Coca-Cola could be slowing down soon; it is getting close to the resistance line and is now at $61.73, only 30 cents away. Crossing the resistance line could, however, suggest that further gains 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 Coca-Cola's lower Bollinger band is at $61.12, indicating further gains might be next.

\\n

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

\\n

The company has a market cap of $265.65 billion the year 2022 has not been the best for the soft drink company, it lost 2.42% of its value. So far in 2022, it has been under-performing the Dow Jones by 5.83%.

\\n\",\"\\n

Friday Pfizer increased by 0.29%, ended the session at $47.85

\\n

(Last update 11:41am EST, January 16, 2023)

\\n

\\n

Friday at a glance: the multinational pharma juggernaut went up to $47.85, gaining 0.29%. The trading volume was 18.57 million, which is below the daily average of 21.17 million.

\\n

Important graph levels to look out for: Pfizer could be slowing down soon as it approaches resistance at $48.18. Of course, crossing it might suggest further gains 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. Asset volatility analysis shows that Pfizer's lower Bollinger band is at $46.93, indicating further gains might be next.

\\n

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

\\n

The company has a market cap of $268.60 billion the year 2022 has not been the best for the multinational pharma juggernaut, it lost 6.67% of its value. So far in 2022, it has been doing worse than the Dow Jones by 10.08%.

\\n

\\n
\\n

A safety monitoring system flagged that U.S. drugmaker Pfizer and German partner BioNTech's updated COVID shot could be linked to a type of brain stroke in older adults, according to preliminary data analyzed by U.S. health authorities https://t.co/FiYsAFuhoP

\\n

— Reuters (@Reuters) January 16, 2023

\\n

\\n

\\n\",\"\\n

McDonald's ended Friday at $268.89, a 0.82% increase

\\n

(Last update 11:31am EST, January 16, 2023)

\\n

\\n

A quick look at Friday: the fast food giant went up to $268.89, gaining 0.82%. The trading volume was 2.17 million — below the daily average of 2.27 million.

\\n

An analysis of McDonald's's chart suggests McDonald's could be slowing down soon as it approaches resistance at $269.93. Of course, crossing it might suggest further gains are ahead. In terms of trend indicators, we can see that at $267.36, McDonald's made an initial breakout above 21 day Simple Moving Average, an indication of a positive trend. According to asset volatility analysis, a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at $270.51 – a high enough level to usually suggest McDonald's is trading above its value.

\\n

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

\\n

McDonald's is currently trading with a market cap of $196.94 billion the fast food giant gained 1.74% so far this year (2022). So far in 2022, it has been doing worse than the Dow Jones by 1.67%.

\\n\",\"\\n

Bitcoin ascends to $21,000 up $139.3

\\n

(Last update 11:31am EST, January 16, 2023)

\\n

\\n

Small gain for Bitcoin at $21,000 after ranging between $20,765 and $21,327 today.

\\n

An analysis of Bitcoin's chart suggests Bitcoin reversed direction at $21,100 resistance zone and retreated back $95.43 below it. 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. Momentum evaluation shows that the Relative Strength Index indicates Bitcoin is in a strong overbought condition. Asset volatility analysis shows that Bitcoin's upper Bollinger band is at $20,900, this is a slight indication of a slowdown. Japanese Candlestick formations detected today show that "bearish harami”, whenever it appears on top of a bullish overall trend, some traders would consider this as an indication of a trend reversal.

\\n

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

\\n

Bitcoin has a market cap of 404.39 billion Bitcoin gained 25.6% so far this year (2022).

\\n

\\n
\\n

New Year, new rally: Why bitcoin is up 26% this month after a tumultuous 2022 https://t.co/WdbkX2uI6G

\\n

— CNBC (@CNBC) January 16, 2023

\\n

\\n

\\n\",\"\\n

After three days of going up, Gold down $3.1 today

\\n

(Last update 11:31am EST, January 16, 2023)

\\n

\\n

Light red, mostly flat: Gold is ranging between $1,931.8 and $1,914 and is now at $1,918.6 per ounce.

\\n

As the day reaches an end a chart visual study suggests although Gold is down today and was as low as $1,914, it seems to be recovering slightly and climbing away from the $1,904.17 support line and is now $14.43 above it. 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 Gold is in an overbought condition. Analysis based on the asset volatility indicates that CME Gold's upper Bollinger band at $1,919.47, indicating a further downward move might be next.

\\n

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

\\n

Gold gained 5.41% so far this year (2022).

\\n

\\n
\\n

Zimbabwe’s gold coins introduced in July are selling above $2,000 for the first time https://t.co/KUL2uqinc3

\\n

— Bloomberg (@business) January 16, 2023

\\n

\\n

\\n\",\"\\n

Is it the end of US crude oil's rally? After seven days of gains, it is down by 1.33% today

\\n

(Last update 11:31am EST, January 16, 2023)

\\n

\\n

US crude oil falls to $78.8 per barrel, following mixed behavior today as it ranges between $78.53 and $80.22.

\\n

As the day reaches an end a chart visual study suggests WTI crude oil might start to recover soon because it is getting close to its support line— now only 28 cents away at $78.52. Dipping below could be an indication that further losses are ahead.

\\n

WTI crude oil is now trading 12.45% above its yearly low ($80.22) that it has slumped into a month ago.

\\n\",\"\\n

The Euro hovers around 1.0826

\\n

(Last update 11:31am EST, January 16, 2023)

\\n

\\n

Euro-Dollar falls to 1.0826, following mixed behavior today as it ranges between 1.0805 and 1.0879.

\\n

At 1.0803, Euro-Dollar made an initial breakout below the 5 day Simple Moving Average, an indication of a negative trend. The Euro's upper Bollinger band at 1.0876, 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 Euro-Dollar.

\\n

The Euro has gained 11.24% over the last 2 months.

\\n\",\"\\n

The British Pound is down by 0.23%, trading at 1.2206

\\n

(Last update 12:11pm EST, January 16, 2023)

\\n

\\n

GBP/USD falls to 1.2206, following mixed behavior today as it ranges between 1.2172 and 1.2289.

\\n

At 1.2191, the British Pound made an initial breakout below the 5 day Simple Moving Average, an indication of a negative trend. The British Pound's upper Bollinger band at 1.2264, indicating a further downward move might be next. On the other hand, note that the British Pound bounced after reaching the 1.22 support zone, climbing 7 pips above it. 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

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

\\n

The British Pound is now trading 20.16% above its yearly low (1.2289) that it has slumped into 3 months ago.

\\n\",\"\\n

Dollar/Yen bounces 137 pips from 7 months low

\\n

(Last update 12:11pm EST, January 16, 2023)

\\n

\\n

Dollar/Yen dropped to 127.22, hitting its lowest point in 7 months. It later recovered 137 pips and is now trading at 128.59.

\\n

At 128.28, Dollar/Yen made an initial breakout above 3 day Simple Moving Average, an indication of a positive trend. Dollar/Yen's lower Bollinger band is at 127.86, indicating further gains might be next. 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.

\\n

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

\\n

2 months ago Dollar/Yen has hit its yearly high point of 128.86, since than it lost 14.84%.

\\n

\\n
\\n

USD/JPY making a fresh low for the day under 127.50. BOJ meeting this week – YCC changes?https://t.co/ypQf2ycgv0

\\n

— ForexLive (@ForexLive) January 16, 2023

\\n

\\n

\\n\",\"\\n

Stable day for Dollar-Swiss, trading at 0.9257

\\n

(Last update 12:11pm EST, January 16, 2023)

\\n

\\n

Dollar-Swiss recovering almost all the way back to 0.9264 today, after dipping down to 0.9213.

\\n

Although down today, it's worth noting that in earlier trading Dollar-Swiss peaked above the 0.9268 21 day Simple Moving Average, usually an indication that a positive move might be approaching.

\\n

Technical analysis indicates that Dollar-Swiss (currently on a downtrend) might reverse course and start pointing upward in the short term.

\\n

Dollar-Swiss is now trading 8.6% below its yearly high (0.9288) that it held 2 months ago.

\\n\",\"\\n

Is it the end of the Australian dollar's rally? After four days of gains, it is down by 0.29% today

\\n

(Last update 12:11pm EST, January 16, 2023)

\\n

\\n

Light red, mostly flat: Aussie-Dollar is ranging between 0.7021 and 0.6943 and is now at 0.6959.

\\n

At 0.6968, Aussie-Dollar made an initial breakout below the 3 day Simple Moving Average, an indication of a negative trend. The Australian dollar's upper Bollinger band at 0.7018, indicating a further downward move might be next. Despite this, Aussie-Dollar bounced after reaching the 0.696 support zone, climbing 1 pips above it. 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

Aussie-Dollar gained 2.57% so far this year (2022).

\\n\\n\"],\"title\":\"Financial Markets Review – 16 January 2023 – 12:11:33\",\"date\":\"2023-01-16T17:11:33\"}"; var omg_ads = JSON.parse(decodeHtml(omg_ads_string)); } catch (e) { var omg_ads = JSON.parse(omg_ads_string); }