\\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

Yesterday Amazon increased by 3.81%, ended the session at $97.25

\\n

(Last update 2:51am EST, January 21, 2023)

\\n

\\n

A quick look at yesterday: the tech and retail multifaceted giant rallied 3.81% and maintained $97.25. The trading volume was slightly below the latest 21 day average volume at 66.76 million (93% of average).

\\n

Visual analysis of Amazon's price graph shows Amazon broke through the $95.13 resistance, climbing $2.12 above it. Trend indicators show us that at $95.72, Amazon made an initial breakout above 5 day Simple Moving Average, an indication of a positive trend. According to asset volatility analysis, Amazon's upper Bollinger band is at $99.75, this is a slight indication of a slowdown.

\\n

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

\\n

Amazon's market cap is currently $992.12 billion the tech and retail multifaceted giant gained 13.9% so far this year (2022). So far in 2022, it has performed better than the Nasdaq by 6.96%.

\\n

\\n
\\n

With job cuts mounting across the tech industry and beyond, even recruiters at Amazon are turning on green LinkedIn "open to work" badges before they've been formally laid off https://t.co/3mDnxCM19b

\\n

— Bloomberg (@business) January 20, 2023

\\n

\\n

\\n\",\"\\n

Microsoft gained 3.57% yesterday and ended up at $240.22

\\n

(Last update 2:41am EST, January 21, 2023)

\\n

\\n

A quick look at yesterday: after closing Thursday at $231.93, Microsoft closed at $240.22 yesterday after climbing to $240.73 and dropping back down. Beating the daily average of 27.81 million, Microsoft traded at 33.15 million yesterday.

\\n

Microsoft is scheduled to announce earnings results Tuesday. The consensus EPS estimate is 2.29 and the consensus revenue estimate is $53.48 billion.

\\n

Microsoft's graph levels to watch: Microsoft broke through the $237.55 resistance, climbing $2.67 above it. Trend indicators show us that at $235.69, 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, the technical analysis picture suggests Microsoft is neutral for the immediate future, with no clear-cut direction.

\\n

Microsoft is currently trading with a market cap of $1.79 trillion the software giant is now trading 26.47% below its yearly high ($240.73) that it held 9 months ago. So far in 2022, it has been doing worse than the Nasdaq by 6.66%.

\\n

\\n
\\n

Microsoft loses bid to pause gamers' lawsuit over Activision deal https://t.co/gyHzVTHKh0 pic.twitter.com/c6WUiNsUd7

\\n

— Reuters (@Reuters) January 20, 2023

\\n

\\n

\\n\",\"\\n

Yesterday Google went up and closed at $99.28

\\n

(Last update 2:41am EST, January 21, 2023)

\\n

\\n

Yesterday at a glance: after closing Thursday at $93.91, Google closed at $99.28 yesterday after climbing to $99.42 and dropping back down. Google passed the daily average (21.89 million) with a volume of 53.17 million.

\\n

A chart visual study suggests Google flirting with the $99.27 immediate resistance line. 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 a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at $96.03 – a high enough level to usually suggest Google is trading above its value.

\\n

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

\\n

Google's market cap is currently $1.28 trillion the leading search engine company gained 11.36% so far this year (2022). So far in 2022 it has been beating the Nasdaq by 4.42%.

\\n

\\n
\\n

Google's parent Alphabet is cutting about 12,000 jobs as it faces ‘a different economic reality,’ it said in a staff memo, doubling down on AI and axing staff who support experimental projects https://t.co/oMMSTPt8ao $GOOGL pic.twitter.com/AFPjiy3Je7

\\n

— Reuters (@Reuters) January 21, 2023

\\n

\\n

\\n\",\"\\n

Tesla closed at $133.42 after gaining 4.91% yesterday

\\n

(Last update 2:41am EST, January 21, 2023)

\\n

\\n

A quick look at yesterday: Elon Musk's EV company went up to $133.42, gaining 4.91%. The trading volume was 137.60 million which is below the daily average of 184 million.

\\n

The company trades at $133.42 ahead of quarterly performance report which is scheduled to be released Wednesday.

\\n

Tesla broke through the $130 resistance, climbing $3.42 above it. At $129.15, Tesla made an initial breakout above 3 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. Despite this, Tesla's upper Bollinger band is at $137.4, this is a slight indication of a slowdown.

\\n

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

\\n

Tesla has a market cap of $421.31 billion Elon Musk's EV company gained 24.86% so far this year (2022). The Nasdaq has been doing worse in 2022, it has been passing it by 17.92%.

\\n\",\"\\n

Yesterday Zoom went up and closed at $69.5

\\n

(Last update 2:41am EST, January 21, 2023)

\\n

\\n

Yesterday at a glance: the video communications platform provider gained 4% and stayed at $69.5 levels. Trading volume (2.83 million) was slightly below the latest 21 day average volume by 98%.

\\n

A study of Zoom's chart pattern shows Zoom broke through the $67.71 resistance, climbing $1.79 above it. Trend indicators show us that at $68.09, Zoom made an initial breakout above 21 day Simple Moving Average, an indication of a positive trend. Asset volatility analysis shows that Zoom's upper Bollinger band is at $71.71, this is a slight indication of a slowdown.

\\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 $20.32 billion 1 year, 1 day ago the US video tech company has hit its yearly high point of $69.77, since than it lost 57.1%. So far in 2022, it has been under-performing the Nasdaq by 2.5%.

\\n\",\"\\n

Yesterday Netflix increased by 8.46%, ended the session at $342.5

\\n

(Last update 2:41am EST, January 21, 2023)

\\n

\\n

A quick look at yesterday: after ending Thursday's session at $315.78, Netflix went up to $343.2 yesterday only to fall back and close at $342.5. Netflix passed the daily average (8.45 million) with a volume of 26.90 million.

\\n

Netflix reported earnings results Thursday, with EPS at 0.12 and revenues at $7.85 billion; these results are mixed when compared to a consensus of 0.47 Earnings Per Share and $7.82 billion revenue. Since the release of its earnings report, Netflix gained 4.96%.

\\n

Important graph levels to look out for: Netflix broke through the $341 resistance and climbed $1.48 above it. 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 a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at $346.05 – a high enough level to usually suggest Netflix is trading above its value.

\\n

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

\\n

The company's market cap is $152.42 billion the streaming company gained 17.73% so far this year (2022). So far in 2022, it has performed better than the Nasdaq by 10.79%.

\\n\",\"\\n

Yesterday Walmart went up and closed at $140.54

\\n

(Last update 2:31am EST, January 21, 2023)

\\n

\\n

Yesterday at a glance: the discount department and warehouse stores chain went up to $140.54, gaining 1.23%. The trading volume was 9.74 million; higher than the daily average of 4.73 million.

\\n

Chart pattern study shows Walmart reversed direction at $140.64 resistance zone and retreated back 10 cents below it. Trend indicators show us that the CCI indicator is below -100. When the CCI (Commodity Channel Index) is at this level it means the price is below the average price as measured by the indicator, indicating a possible start of a new downtrend. According to asset volatility analysis, Walmart's lower Bollinger band is at $139.53, indicating further gains might be next.

\\n

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

\\n

Walmart has a market cap of $379 billion the year 2022 has not been the best for the warehouse stores chain company, it lost 2.16% of its value. So far in 2022, it has been under-performing the Dow by 2.88%.

\\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/xSOkVfEYTf

\\n

— CNBC (@CNBC) January 21, 2023

\\n

\\n

\\n\",\"\\n

End of a slump? After three days of going down, Procter & Gamble up 0.39% yesterday

\\n

(Last update 2:31am EST, January 21, 2023)

\\n

\\n

A quick look at yesterday: after dipping down to $140.15, Procter & Gamble regained earlier losses, closing higher at $142.97. Higher than the daily average volume of 6.42 million, Procter & Gamble traded with 8.57 million yesterday.

\\n

Procter & Gamble released its quarterly earnings Thursday, beating analysts estimates. The company reported earnings of 1.59 per share on revenue of $20.77 billion, topping estimates of 1.58 per share on revenue of $20.73 billion. Since the release of its earnings report, Procter & Gamble lost 2.35%.

\\n

Visual analysis of Procter & Gamble's price graph shows Procter & Gamble could be slowing down soon; it is getting close to the resistance line and is now at $145, only $2.04 away. Crossing the resistance line could, however, suggest that 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 Procter & Gamble's lower Bollinger band is at $144.48, indicating further gains might be next.

\\n

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

\\n

Procter & Gamble has a market cap of $338.80 billion the year 2022 has not been the best for the consumer goods company, it lost 5.69% of its value. So far in 2022, it has been doing worse than the Dow Jones by 6.41%.

\\n\",\"\\n

Yesterday Walt Disney went up and closed at $103.48

\\n

(Last update 2:31am EST, January 21, 2023)

\\n

\\n

Yesterday at a glance: Walt Disney rallied 4.44% and ended the session at $103.48. The trading volume was 14.16 million; slightly greater than the daily average of 13.32 million.

\\n

Walt Disney chart analysis: Walt Disney broke through the $100.88 resistance, climbing $2.6 above it. 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. Momentum evaluation shows that the Relative Strength Index shows Walt Disney has gone up above 70, going into overbought territory. Asset volatility analysis shows that a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at $104.45 – a high enough level to usually suggest Walt Disney is trading above its value.

\\n

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

\\n

The company has a market cap of $188.71 billion the entertainment giant gained 17.16% so far this year (2022). So far in 2022, it has been outperforming the Dow by 16.44%.

\\n\",\"\\n

Yesterday Coca-Cola went up and closed at $60.08

\\n

(Last update 2:31am EST, January 21, 2023)

\\n

\\n

A quick look at yesterday: light green, mostly flat: Coca-Cola ranged between $60.09 and $59.4 and closed at $60.08. Trading volume (14 million) was slightly greater than the last 21 day average by 127%.

\\n

A study of Coca-Cola's chart pattern shows Coca-Cola could be slowing down soon; it is getting close to the resistance line and is now at $60.34, only 26 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. According to asset volatility analysis, Coca-Cola's lower Bollinger band is at $59.69, indicating further gains might be next.

\\n

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

\\n

Coca-Cola is currently trading with a market cap of $259.82 billion the year 2022 has not been the best for the soft drink company, it lost 4.59% of its value. So far in 2022, it has been doing worse than the Dow by 5.31%.

\\n\",\"\\n

After three days of going down, Pfizer up 0.33% yesterday

\\n

(Last update 2:31am EST, January 21, 2023)

\\n

\\n

A quick look at yesterday: light green, mostly flat: Pfizer ranged between $45.43 and $44.73 and closed at $45.11. Pfizer passed the daily average (19.57 million) with a volume of 25 million.

\\n

A study of Pfizer's graph shows key levels to watch: although Pfizer is green today and was as high as $45.43, it seems to be slowing down slightly and moving away from the $45.59 resistance line, and is now 48 cents below it. 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 Pfizer is in an oversold condition, allowing for more gains. Asset volatility analysis shows that Pfizer's lower Bollinger band is at $44.31, 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

Pfizer's market cap currently stands at $253.22 billion the year 2022 has not been the best for the multinational pharma juggernaut, it lost 12.03% of its value. So far in 2022, it has been under-performing the Dow Jones by 12.75%.

\\n\",\"\\n

McDonald's closed at $268.58 after gaining 1.9% yesterday

\\n

(Last update 2:26am EST, January 21, 2023)

\\n

\\n

Yesterday at a glance: the fast food giant went up to $268.58, gaining 1.9%. The trading volume was 2 million which was slightly under the daily average of 2.22 million.

\\n

A study of McDonald's's graph shows key levels to watch: McDonald's broke through the $267.3 resistance, climbing $1.28 above it. In terms of trend indicators, we can see that at $266.7, McDonald's made an initial breakout above 21 day Simple Moving Average, an indication of a positive trend. Analysis based on the asset volatility indicates that a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at $272.08 – a high enough level to usually suggest McDonald's is trading above its value.

\\n

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

\\n

The company's market cap is $196.71 billion the fast food company gained 1.64% so far this year (2022). So far in 2022 it has been beating the Dow by 0.92%.

\\n\",\"\\n

Bitcoin parks at $22,633

\\n

(Last update 2:26am EST, January 21, 2023)

\\n

\\n

Bitcoin is trading at $22,633 with no clear-cut direction, ranging between $22,700 and $22,500.

\\n

Chart pattern study shows Bitcoin's nearest support level is at $20,862. 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 Bitcoin is in a strong overbought condition. According to asset volatility analysis, Bitcoin's upper Bollinger band is at $22,953, indicating a downward move might be next. 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

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

\\n

Bitcoin is currently trading with a market cap of 436 billion Bitcoin gained 23.72% so far this year (2022).

\\n

\\n
\\n

Bitcoin rises 6.2 percent to $22,401 https://t.co/xbNK0jevm4 pic.twitter.com/tpn5aOiiKV

\\n

— Reuters (@Reuters) January 21, 2023

\\n

\\n

\\n\",\"\\n

Gold rallied to $1,939 for the first time in 9 months and a half

\\n

(Last update 2:26am EST, January 21, 2023)

\\n

\\n

CME Gold rallied to $1,939, hitting its highest point in 9 months and a half; it later lost $11.3 and closed at $1,927.7.

\\n

A study of CME Gold's graph shows key levels to watch: Gold flirting with the $1,935 immediate resistance line. 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. Momentum evaluation shows that the Relative Strength Index indicates Gold is in an overbought condition. Asset volatility analysis shows that Gold's upper Bollinger band is at $1,947.17, this is a slight indication of a slowdown.

\\n

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

\\n

CME Gold gained 5.62% so far this year (2022).

\\n

\\n
\\n

Silver prices could touch a 9-year high in 2023 — with a bigger upside than gold https://t.co/jeCy67lKYq

\\n

— CNBC (@CNBC) January 20, 2023

\\n

\\n

\\n\",\"\\n

US crude oil reached $81.4 per barrel after gaining 1.33% yesterday

\\n

(Last update 2:27am EST, January 21, 2023)

\\n

\\n

Yesterday at a glance: West Texas crude spiked to $81.64 yesterday, dropped back to starting point range, and rallied again to $81.4 per barrel. This comes following Thursday's session in which it closed at $80.33.

\\n

West Texas crude reversed direction at $81.63 resistance zone and retreated back 23 cents below it. Although up today, it's worth noting that earlier West Texas crude dropped below the 5 day Simple Moving Average as it was trading at $79.74, usually an indication that a negative trend is ahead. WTI crude's upper Bollinger band is at $83.07, this is a slight indication of a slowdown.

\\n

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

\\n

Hitting its yearly low ($79.69) a month ago, WTI crude oil has bounced back 13.11% since.

\\n\",\"\\n

Euro-Dollar rallied to 1.0864 for the first time in 9 months

\\n

(Last update 2:27am EST, January 21, 2023)

\\n

\\n

Thursday ended at 1.0834; during yesterday's session Euro-Dollar rallied above 1.0864 for the first time in 9 months, gaining 23 pips and closing at 1.0858.

\\n

The Euro could be slowing down soon; it is getting close to the resistance line and is now at 1.0885, only 26 pips away. Crossing the resistance line could, however, suggest that further gains are ahead. Although up today, it's worth noting that earlier the Euro dropped below the 5 day Simple Moving Average as it was trading at 1.0811, usually an indication that a negative trend is ahead.

\\n

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

\\n

The Euro has gained 11.19% over the last 2 months.

\\n\",\"\\n

A slow down: after four days of going up, the Pound was flat yesterday and closed at 1.24.

\\n

(Last update 3:11am EST, January 21, 2023)

\\n

\\n

A quick look at yesterday: after dipping down to 1.2337, GBP/USD regained earlier losses and ended up at 1.24.

\\n

Sterling-Dollar broke through the 1.24 resistance and climbed 3 pips above it. Even though Sterling-Dollar is up today, it is worth noting that earlier it dropped below 3 day Simple Moving Average and was trading at 1.2339, a possible sign that a negative trend is ahead. The British Pound's upper Bollinger band is at 1.2446, this is a slight indication of a slowdown. "Hanging Man”, when it appears on top of a bullish overall trend, some traders would consider this as an indication of a trend reversal. 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 like a reverse of course (in the short term) might be next for the Pound.

\\n

The British Pound is now trading 21.71% above its yearly low (1.2405) that it has slumped into 3 months ago.

\\n\",\"\\n

Dollar/Yen reached 129.54 after gaining 0.89% yesterday

\\n

(Last update 3:11am EST, January 21, 2023)

\\n

\\n

A quick look at yesterday: Dollar/Yen went up to 129.54 yesterday, gaining 0.89%.

\\n

At 129.51, Dollar/Yen made an initial breakout above 10 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 Dollar/Yen might continue pointing upwards in the short term.

\\n

Dollar/Yen is now trading 14.46% below its yearly high (130.61) that it held 3 months ago.

\\n

\\n
\\n

USD/JPY moves back up above 130.00 after Kuroda reaffirms current policy stancehttps://t.co/Y2DYXy7PzX

\\n

— ForexLive (@ForexLive) January 20, 2023

\\n

\\n

\\n\",\"\\n

Dollar-Swiss reached 0.92 after gaining 0.55% yesterday

\\n

(Last update 3:11am EST, January 21, 2023)

\\n

\\n

A quick look at yesterday: Dollar-Swiss went up to 0.92 yesterday, gaining 0.55%.

\\n

At 0.9214, Dollar-Swiss made an initial breakout above 5 day Simple Moving Average, an indication of a positive trend. Dollar-Swiss's lower Bollinger band is at 0.9148, indicating further gains might be next. On the other hand, note that after reaching the 0.9206 resistance zone, Dollar-Swiss retreated 4 pips below it.

\\n

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

\\n

Dollar-Swiss is now trading 9.71% below its yearly high (0.9235) that it held 2 months ago.

\\n\",\"\\n

The Australian dollar reached 0.6971 after gaining 0.82% yesterday

\\n

(Last update 3:11am EST, January 21, 2023)

\\n

\\n

Yesterday at a glance: the Australian dollar rallied 56 pips (0.82%) deep into the session, closing at 0.6971.

\\n

Although Aussie-Dollar is green today and was as high as 0.6977, it seems to be slowing down slightly and moving away from the 0.7 resistance line, and is now 29 pips below it. Even though Aussie-Dollar is up today, it is worth noting that earlier it dropped below 21 day Simple Moving Average and was trading at 0.6862, a possible sign that a negative trend is ahead.

\\n

The Australian dollar is likely to reverse course and start pointing downward in the short term.

\\n

The Australian dollar gained 2.48% so far this year (2022).

\\n\\n\"],\"title\":\"Financial Markets Review – 21 January 2023 – 03:11:52\",\"date\":\"2023-01-21T08:11:52\"}"; var omg_ads = JSON.parse(decodeHtml(omg_ads_string)); } catch (e) { var omg_ads = JSON.parse(omg_ads_string); }