\\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 closed at $100.55 after losing 1.65% yesterday

\\n

(Last update 8:51pm EST, January 30, 2023)

\\n

\\n

Yesterday at a glance: the tech and retail multifaceted giant dropped 1.65% early on and stayed at the $100.55 range. The trading volume was 66.25 million — below the daily average of 74.77 million.

\\n

Amazon is scheduled to announce earnings results Thursday. The consensus EPS estimate is 0.19 and the consensus revenue estimate is $155.15 billion.

\\n

At $99.55, Amazon made an initial breakout below the 3 day Simple Moving Average, an indication of a negative trend. In contrast, although Amazon is down today and was as low as $99, it seems to be recovering slightly and climbing away from the $99.13 support line and is now $1.42 above it.

\\n

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

\\n

Amazon's market cap is currently $1 trillion Jeff Bezos’s company is now trading 24.96% above its yearly low ($101.74) that it has slumped into a month ago. The Nasdaq has been doing worse in 2022, it has been passing it by 8.17%.

\\n

\\n
\\n

The Real Reasons For Big Tech Layoffs At Google, Microsoft, Meta, And Amazon https://t.co/w0UEAUpX2f pic.twitter.com/fLZCbX4LU8

\\n

— Forbes (@Forbes) January 30, 2023

\\n

\\n

\\n\",\"\\n

Microsoft traded at $242.71, down by 2.2% when the session closed

\\n

(Last update 8:41pm EST, January 30, 2023)

\\n

\\n

A quick look at yesterday: the software giant remained in the $242.71 range after closing Friday at $248.16 and dropping 2.2% as it reached the end yesterday's session. The trading volume was 25.87 million — slightly under the daily average of 32.43 million.

\\n

At $244.28, Microsoft made an initial breakout below the 5 day Simple Moving Average, an indication of a negative trend. The MACD line is significantly above the MACD signal line, meaning the medium-term trend might turn negative. In contrast, Microsoft might start to recover soon because it is getting close to its support line— now only $1.3 away at $241.41. Dipping below could be an indication that further losses are ahead.

\\n

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

\\n

The company's market cap is $1.81 trillion 2 months ago the iconic OS developer has hit its twelve month low point of $242.2, since than it recovered back 15.83%. So far in 2022, it has been under-performing the Nasdaq by 7.38%.

\\n

\\n
\\n

The Microsoft boss burns with an ambition to restore the company to the pinnacle of tech innovation https://t.co/U94KbgYne9

\\n

— The Economist (@TheEconomist) January 30, 2023

\\n

\\n

\\n\",\"\\n

Google traded at $97.95, down by 2.74% when the session closed

\\n

(Last update 8:41pm EST, January 30, 2023)

\\n

\\n

A quick look at yesterday: the leading search engine company dropped 2.74% early on and stayed at the $97.95 range. The trading volume was slightly under the latest 21 day average volume at 23.82 million (92% of average).

\\n

Google is scheduled to announce earnings results Thursday. The consensus Earnings Per Share estimate is 1.17 and the consensus revenue estimate is $76.59 billion.

\\n

Google might start to recover soon because it is getting close to its support line— now only 77 cents away at $97.18. Dipping below could be an indication that further losses are ahead. Although down today, it's worth noting that in earlier trading Google peaked above the $98.87 3 day Simple Moving Average, usually an indication that a positive move might be approaching.

\\n

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

\\n

The company's market cap is $1.26 trillion the leading search engine company gained 8.92% so far this year (2022). The Nasdaq has been doing worse in 2022, it has been passing it by 0.26%.

\\n

\\n
\\n

The Real Reasons For Big Tech Layoffs At Google, Microsoft, Meta, And Amazon https://t.co/w0UEAUpX2f pic.twitter.com/fLZCbX4LU8

\\n

— Forbes (@Forbes) January 30, 2023

\\n

\\n

\\n\",\"\\n

Tesla closed at $166.66 after losing 6.32% yesterday

\\n

(Last update 8:41pm EST, January 30, 2023)

\\n

\\n

Yesterday at a glance: the trendy EV maker remained in the $166.66 range, after closing Friday at $177.9 and dropping by 6.32% yesterday. Trading volume (228.18 million) was slightly greater than the last 21 day average by 117%.

\\n

Important graph levels to look out for: Tesla might start to recover soon because it is getting close to its support line— now only $4.48 away at $162.18. Dipping below could be an indication that further losses are ahead. In terms of trend indicators, we can see that the CCI indicator is above 100. When the CCI (Commodity Channel Index) is at this level it means the price is above the average price as measured by the indicator, indicating a possible start of a new uptrend. Analysis based on the asset volatility indicates that Tesla's upper Bollinger band at $172.78, indicating a further downward move might be next.

\\n

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

\\n

The company's market cap is $526.27 billion 28 days ago Elon Musk's EV company has hit its twelve month low point of $166.5, since than it recovered back 64.57%. So far in 2022 it has been beating the Nasdaq by 40.41%.

\\n\",\"\\n

Zoom closed at $73.5 after losing 0.88% yesterday

\\n

(Last update 8:41pm EST, January 30, 2023)

\\n

\\n

A quick look at yesterday: although Zoom increased from $74.15 to $78.41, the stock dropped back and is now priced at $73.5. The trading volume was 7.11 million; higher than the daily average of 2.99 million.

\\n

An analysis of Zoom's chart suggests Zoom might start to recover soon because it is getting close to its support line— now only $1.92 away at $71.58. Dipping below could be an indication that further losses are ahead. 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 Zoom's upper Bollinger band at $74.25, indicating a further downward move might be next.

\\n

Overall, while Zoom 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 $21.49 billion the video communications platform provider is up 13.45% on its yearly low ($73.08) that i hit a month ago. So far in 2022, it has been outperforming the Nasdaq by 1.5%.

\\n\",\"\\n

Netflix closed at $353.11 (down 2.12%) and added one more to its 4th straight day of losses

\\n

(Last update 8:41pm EST, January 30, 2023)

\\n

\\n

A quick look at yesterday: the streaming company slid down from $360.77 to $353.11, taking a 2.12% loss yesterday. The trading volume was 5.13 million — lower than the daily average of 10.28 million.

\\n

Netflix might start to recover soon because it is getting close to its support line— now only $2.74 away at $350.37. Dipping below could be an indication that further losses are ahead. Although down today, it's worth noting that in earlier trading Netflix peaked above the $357.88 5 day Simple Moving Average, usually an indication that a positive move might be approaching.

\\n

Overall, looking at the technical analysis landscape, it seems Netflix —which is currently on a downtrend— might reverse course and start pointing upward in the short term.

\\n

Netflix's market cap is currently $157.14 billion the streaming company gained 19.22% so far this year (2022). The Nasdaq has been doing worse in 2022, it has been passing it by 10.56%.

\\n\",\"\\n

Walmart dropped by 0.8% and closed the session at $142.15

\\n

(Last update 8:41pm EST, January 30, 2023)

\\n

\\n

A quick look at yesterday: the discount department and warehouse stores chain slid down from $143.3 to $142.15, taking a 0.8% loss yesterday. The trading volume was 4.98 million which is below the daily average of 5.17 million.

\\n

An analysis of Walmart's chart suggests Walmart broke through the $141.48 support line and dropped 67 cents below it.

\\n

Walmart's market cap is currently $383.35 billion hitting its yearly low ($141.27) 7 months ago, the discount department and warehouse stores chain has bounced back 21.14% since. So far in 2022, it has been under-performing the Dow by 2.71%.

\\n

\\n
\\n

Walmart’s Sam’s Club announced that it will reinvigorate its growth by adding 30 new clubs over the next few years. https://t.co/wFCn3Wandh?

\\n

— Forbes (@Forbes) January 30, 2023

\\n

\\n

\\n\",\"\\n

Procter & Gamble gained 0.31% yesterday and ended up at $141

\\n

(Last update 8:41pm EST, January 30, 2023)

\\n

\\n

Yesterday at a glance: after dipping down to $140.28, Procter & Gamble regained earlier losses and reaches $141. The trading volume was 6.30 million which is below the daily average of 6.90 million.

\\n

At $141.51, Procter & Gamble made an initial breakout above 5 day Simple Moving Average, an indication of a positive trend. "Bullish harami”, whenever it appears on top of a bearish overall trend, some traders would consider this as an indication of a trend reversal. In contrast, after reaching the $142 resistance zone, Procter & Gamble retreated 98 cents below it.

\\n

Examining the technical analysis landscape, Procter & Gamble might continue its downtrend in the short term.

\\n

Procter & Gamble has a market cap of $332.66 billion the year 2022 has not been the best for the consumer goods corporation, it lost 7% of its value. So far in 2022, it has been under-performing the Dow Jones by 8.7%.

\\n\",\"\\n

Walt Disney lost 1.78% yesterday, closed at $107.59

\\n

(Last update 8:41pm EST, January 30, 2023)

\\n

\\n

Yesterday at a glance: the entertainment and content production company remained in the $107.59 range, after closing Friday at $109.54 and dropping by 1.78% yesterday. Trading volume (8.55 million) was slightly under the latest 21 day average volume by 69%.

\\n

Walt Disney might start to recover soon because it is getting close to its support line— now only 53 cents away at $107.06. Dipping below could be an indication that further losses are ahead. Although down today, it's worth noting that in earlier trading Walt Disney peaked above the $108.41 3 day Simple Moving Average, usually an indication that a positive move might be approaching. 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

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

\\n

The company has a market cap of $196.20 billion the entertainment and content production company is up 30.14% on its yearly low ($107.48) that i hit a month ago. So far in 2022 it has been beating the Dow by 18.77%.

\\n\",\"\\n

Yesterday Coca-Cola went up and closed at $60.64

\\n

(Last update 8:41pm EST, January 30, 2023)

\\n

\\n

Yesterday at a glance: Coca-Cola closed at $60.64 yesterday after ranging between $61.17 and $60.46. Slightly above the daily average volume of 12.24 million, Coca-Cola traded with 15.63 million yesterday.

\\n

Coca-Cola reversed direction at $61.05 resistance zone and retreated back 41 cents below it. Even though Coca-Cola is up today, it is worth noting that earlier it dropped below 10 day Simple Moving Average and was trading at $60.6, a possible sign that a negative trend is ahead.

\\n

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

\\n

Coca-Cola's market cap currently stands at $262.24 billion the year 2022 has not been the best for the soft drink company, it lost 3.68% of its value. So far in 2022, it has been under-performing the Dow by 5.39%.

\\n\",\"\\n

Pfizer loses 0.55%, closes at $43.55 ahead of quarterly report today

\\n

(Last update 8:41pm EST, January 30, 2023)

\\n

\\n

Yesterday at a glance: Pfizer ranged between $44.13 and $43.4, but settled at $43.55. Passing the daily average of 22.92 million, Pfizer traded at 23.79 million yesterday.

\\n

Pfizer is scheduled to announce earnings results today. The consensus EPS estimate is 1.04 and the consensus revenue estimate is $24.31 billion.

\\n

On the other hand, note that Pfizer might start to recover soon because it is getting close to its support line— now only 30 cents away at $43.25. Dipping below could be an indication that further losses are ahead.

\\n

Pfizer has a market cap of $244.46 billion the year 2022 has not been the best for the pharmaceuticals and biotechnology company, it lost 14.97% of its value. So far in 2022, it has been doing worse than the Dow by 16.68%.

\\n\",\"\\n

McDonald's loses 0.58%, closes at $270.89 ahead of quarterly report today

\\n

(Last update 9:06pm EST, January 30, 2023)

\\n

\\n

A quick look at yesterday: McDonald's ranged between $272.57 and $270.06, but settled at $270.89. Passing the daily average of 2.34 million, McDonald's traded at 2.79 million yesterday.

\\n

McDonald's is scheduled to announce earnings results today. The consensus EPS estimate is 2.45 and the consensus revenue estimate is $5.60 billion.

\\n

At $270.92, McDonald's made an initial breakout below the 5 day Simple Moving Average, an indication of a negative trend. McDonald's's upper Bollinger band at $275.06, indicating a further downward move might be next. In contrast, McDonald's might start to recover soon because it is getting close to its support line— now only $1.11 away at $269.78. Dipping below could be an indication that further losses are ahead.

\\n

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

\\n

The company's market cap is $198.41 billion the fast food company gained 2.47% so far this year (2022). So far in 2022, it has been outperforming the Dow by 0.76%.

\\n\",\"\\n

Bitcoin holds at $22,855

\\n

(Last update 9:06pm EST, January 30, 2023)

\\n

\\n

Bitcoin is trading at $22,855 with no clear-cut direction, ranging between $22,867 and $22,766.

\\n

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. On the other hand, note that Bitcoin might start to recover soon because it is getting close to its support line— now only $154.59 away at $22,700. Dipping below could be an indication that further losses are ahead.

\\n

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

\\n

Bitcoin has a market cap of 440.59 billion Bitcoin gained 40.91% so far this year (2022).

\\n

\\n
\\n

Osprey Funds is suing rival Grayscale Investments for false and misleading advertising while challenging it for control of the biggest Bitcoin fund https://t.co/LP8t9RBjpo

\\n

— Bloomberg (@business) January 30, 2023

\\n

\\n

\\n\",\"\\n

CME Gold parks at $1,940.4 per ounce

\\n

(Last update 9:06pm EST, January 30, 2023)

\\n

\\n

CME Gold is trading at $1,940.4 per ounce with no clear-cut direction, ranging between $1,942.7 and $1,936.

\\n

At $1,922.37, Gold made an initial breakout below the 10 day Simple Moving Average, an indication of a negative trend. The Relative Strength Index shows CME Gold has gone up above 70, going into overbought territory.

\\n

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

\\n

Gold gained 5.95% so far this year (2022).

\\n

\\n
\\n

New Zealand's "liquid gold” is losing value https://t.co/YlHvtx86Gk

\\n

— Bloomberg (@business) January 31, 2023

\\n

\\n

\\n\",\"\\n

WTI crude oil hovers around $78 per barrel

\\n

(Last update 9:06pm EST, January 30, 2023)

\\n

\\n

WTI crude oil is trading steadily today, ranging between $78.14 and $77.78 and is now at $78 per barrel.

\\n

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. In contrast, West Texas crude might start to recover soon because it is getting close to its support line— now only $1.03 away at $76.96. Dipping below could be an indication that further losses are ahead.

\\n

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

\\n

10 months ago WTI crude has hit its yearly high point of $78.14, since than it lost 37.57%.

\\n\",\"\\n

Euro-Dollar steady at 1.0861, no significant movement

\\n

(Last update 9:06pm EST, January 30, 2023)

\\n

\\n

Currently light green but with no clear-cut direction, Euro-Dollar is trading at 1.0861 after ranging between 1.0866 and 1.085 today.

\\n

The Euro could be slowing down soon as it approaches resistance at 1.0865. Of course, crossing it might suggest further gains are ahead. The Euro's upper Bollinger band is at 1.0937, this is a slight indication of a slowdown.

\\n

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

\\n

The Euro has hit is lowest yearly rate (1.085) 4 months ago, since then it has recovered 13.13%.

\\n\",\"\\n

Steady the British Pound holds at 1.2366

\\n

(Last update 9:11pm EST, January 30, 2023)

\\n

\\n

Small gain for GBP/USD at 1.2366 after ranging between 1.2347 and 1.2367 today.

\\n

As the day gets underway a chart visual study suggests the Pound could be slowing down soon; it is getting close to the resistance line and is now at 1.2364, only 1 pips away. Crossing the resistance line could, however, suggest that further gains are ahead.

\\n

Sterling-Dollar has hit is lowest yearly rate (1.2347) 3 months ago, since then it has recovered 21.34%.

\\n\",\"\\n

Dollar/Yen is down by 0.13%, trading at 130.18

\\n

(Last update 9:11pm EST, January 30, 2023)

\\n

\\n

Dollar/Yen falls to 130.18, following mixed behavior today as it ranges between 130.06 and 130.53.

\\n

As the day gets underway a chart visual study suggests Dollar/Yen fell below the 130.38 support zone and receded 19 pips away from it.

\\n

3 months ago Dollar/Yen has hit its yearly high point of 130.53, since than it lost 13.15%.

\\n\",\"\\n

Dollar-Swiss goes down to 0.924 (down 10 pips) after ending the previous session at 0.925.

\\n

(Last update 9:11pm EST, January 30, 2023)

\\n

\\n

Currently light red, Dollar-Swiss down to 0.924 after ranging between 0.9256 and 0.9233 today.

\\n

Dollar-Swiss's upper Bollinger band at 0.9305, indicating a further downward move might be next. On the other hand, note that Dollar-Swiss might start to recover soon because it is getting close to its support line— now only 19 pips away at 0.9221. Dipping below could be an indication that further losses are ahead.

\\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 8.73% below its yearly high (0.9256) that it held 2 months ago.

\\n\",\"\\n

Aussie-Dollar hovers around 0.7056

\\n

(Last update 9:11pm EST, January 30, 2023)

\\n

\\n

The Australian dollar weakened earlier in the day, before moving off the 0.7041 low and recovering almost back to 0.7056.

\\n

On the other hand, note that although the Australian dollar is down today and was as low as 0.7041, it seems to be recovering slightly and climbing away from the 0.7012 support line and is now 43 pips above it.

\\n

Aussie-Dollar gained 3.85% so far this year (2022).

\\n\\n\"],\"title\":\"Financial Markets Review – 30 January 2023 – 21:11:34\",\"date\":\"2023-01-31T02:11:34\"}"; var omg_ads = JSON.parse(decodeHtml(omg_ads_string)); } catch (e) { var omg_ads = JSON.parse(omg_ads_string); }