\\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

A bad day for Amazon yesterday, losing 8.43%

\\n

(Last update 7:31pm EST, February 3, 2023)

\\n

\\n

Amazon closed at $103.39 after dropping by 8.43% ($9.52), its largest single-day drop since September 2022.

\\n

Amazon reported mixed earnings results Thursday, with revenue at $149.20 billion, compared to a consensus of $155.15 billion. Since the release of its earnings report, Amazon lost 1.67%.

\\n

An analysis of Amazon's chart suggests Amazon might start to recover soon because it is getting close to its support line— now only $2.38 away at $101. Dipping below could be an indication that further losses are ahead. Trend indicators show us that at $104.8, Amazon made an initial breakout below the 5 day Simple Moving Average, an indication of a negative 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.

\\n

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

\\n

The company has a market cap of $1 trillion a month ago Jeff Bezos’s company has hit its twelve month low point of $102.52, since than it recovered back 38%. So far in 2022, it has been outperforming the Nasdaq by 5.15%.

\\n

\\n
\\n

A Spanish court has ruled that Amazon broke labor laws by forcing more than 2,000 delivery drivers to use an app that the company controlled for scheduling work and payments and requiring them to use their own cars and cellphones on the job. https://t.co/jNLMYLaSFH

\\n

— The Associated Press (@AP) February 3, 2023

\\n

\\n

\\n\",\"\\n

Microsoft ended the session at $258.35 (-2.36%)

\\n

(Last update 7:56pm EST, February 3, 2023)

\\n

\\n

A quick look at yesterday: the iconic OS developer dropped 2.36% early on and stayed at the $258.35 range. The trading volume was 27.15 million — below the daily average of 33.89 million.

\\n

The MACD line is significantly above the MACD signal line, meaning the medium-term trend might turn negative. Microsoft's upper Bollinger band at $260.96, indicating a further downward move might be next. In contrast, Microsoft might start to recover soon because it is getting close to its support line— now only $3.61 away at $254.74. Dipping below could be an indication that further losses are ahead. 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 Microsoft.

\\n

Microsoft's market cap currently stands at $1.93 trillion the software giant gained 10.44% so far this year (2022). So far in 2022, it has been under-performing the Nasdaq by 2.84%.

\\n\",\"\\n

Google closed at $105.22 after losing 3.29% yesterday

\\n

(Last update 7:56pm EST, February 3, 2023)

\\n

\\n

Yesterday at a glance: the search engine giant dropped 3.29% early on and stayed at the $105.22 range. The trading volume was 35.66 million, which is slightly greater than the daily average of 27.54 million.

\\n

The company reported earnings of 1.05 per share Thursday, falling short of expectations of 1.19. Revenue was also lower than expected at $76 billion versus $76.59 billion. Although earnings did not match projections, Google gained 3.74% since the release of its earnings report.

\\n

Although down today, it's worth noting that in earlier trading Google peaked above the $105.49 200 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. In contrast, Google's upper Bollinger band at $107.57, indicating a further downward move might be next.

\\n

Overall, looking at the technical analysis landscape – although indicators are mixed and some are pointing in different directions it seems Google might reverse course and start pointing upward in the short term.

\\n

The company's market cap is $1.35 trillion the leading search engine company gained 21.29% so far this year (2022). So far in 2022 it has been beating the Nasdaq by 8%.

\\n

\\n
\\n

Google Cuts Company Protecting People From Surveillance To A ‘Skeleton Crew,’ Say Laid Off Workers https://t.co/k6nSQNReJ7

\\n

— Forbes (@Forbes) February 3, 2023

\\n

\\n

\\n\",\"\\n

Building on four days of gains, Tesla increases 1.43% in after-hours trading after closing at $189.98 (-0.91%) yesterday

\\n

(Last update 7:56pm EST, February 3, 2023)

\\n

\\n

A quick look at yesterday: light green Tesla closed at $189.98 after it ranged between $199 and $183.69. Passing the daily average of 196.87 million, Tesla traded at 229.18 million yesterday.

\\n

A study of Tesla's graph shows key levels to watch: Tesla reversed direction at $195.81 resistance zone and retreated back $5.83 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 Tesla is in an overbought condition. Asset volatility analysis shows that Tesla's upper Bollinger band is at $196.15, this is a slight indication of a slowdown.

\\n

Overall, while Tesla 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 $599.91 billion the trendy EV maker has hit is lowest yearly rate ($183.69) a month ago, since then it has recovered 74.16%. The Nasdaq has been doing worse in 2022, it has been passing it by 60.88%.

\\n\",\"\\n

Zoom closed at $79.54 after losing 3.98% yesterday

\\n

(Last update 7:56pm EST, February 3, 2023)

\\n

\\n

Yesterday at a glance: the US video tech company dropped 3.98% early on and stayed at the $79.54 range. Trading volume (3.42 million) was slightly above the latest 21 day volume average by 106%.

\\n

Zoom's graph levels to watch: Zoom might start to recover soon because it is getting close to its support line— now only $2.08 away at $77.46. 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. Asset volatility analysis shows that Zoom's upper Bollinger band at $80.18, indicating a further downward move might be next.

\\n

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

\\n

Zoom's market cap is currently $23.25 billion the US video tech company gained 24.27% so far this year (2022). The Nasdaq has been doing worse in 2022, it has been passing it by 11%.

\\n\",\"\\n

Netflix rallied beyond $379.38 for the first time in 10 months

\\n

(Last update 7:56pm EST, February 3, 2023)

\\n

\\n

After having closed Thursday at $366.89, the streaming heavyweight rallied above $379.38 yesterday, for the first time in 10 months — gaining 99 cents — and closed at $365.9.

\\n

An analysis of Netflix's chart suggests Netflix might start to recover soon because it is getting close to its support line— now only $11.24 away at $354.66. 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. Asset volatility analysis shows that Netflix's upper Bollinger band is at $380.16, indicating a downward move might be next.

\\n

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

\\n

Netflix has a market cap of $162.83 billion the streaming company gained 24.39% so far this year (2022). So far in 2022, it has been outperforming the Nasdaq by 11.11%.

\\n\",\"\\n

Walmart closed at $141.71 after losing 1.33% yesterday

\\n

(Last update 7:41pm EST, February 3, 2023)

\\n

\\n

A quick look at yesterday: the warehouse stores chain company slid down from $143.62 to $141.71, taking a 1.33% loss yesterday. Slightly greater than the daily average of 5.37 million, Walmart traded with a volume of 5.71 million yesterday.

\\n

A study of Walmart's chart pattern shows Walmart fell below the $142.75 support zone and receded $1.04 away from it, next resistance level is at $141.89. In terms of trend indicators, we can see that at $142.48, Walmart made an initial breakout below the 10 day Simple Moving Average, an indication of a negative trend. Asset volatility analysis shows that Bollinger bands shows an indication of recovery: the lower band is at $139.55, a low enough level to, generally, suggest that Walmart is trading below its value.

\\n

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

\\n

The company has a market cap of $382.16 billion the discount department and warehouse stores chain is up 21.41% on its yearly low ($140.86) that i hit 7 months ago. So far in 2022, it has been doing worse than the Dow Jones by 2.31%.

\\n\",\"\\n

Yesterday Procter & Gamble went up and closed at $142.61

\\n

(Last update 7:41pm EST, February 3, 2023)

\\n

\\n

Yesterday at a glance: light green, mostly flat: Procter & Gamble ranged between $143.38 and $141.17 and closed at $142.61. The trading volume was 5.99 million which is below the daily average of 7.46 million.

\\n

Procter & Gamble could be slowing down soon as it approaches resistance at $143.53. Of course, crossing it might suggest further gains are ahead. Even though Procter & Gamble is up today, it is worth noting that earlier it dropped below 10 day Simple Moving Average and was trading at $141.87, a possible sign that a negative trend is ahead.

\\n

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

\\n

The company has a market cap of $336.44 billion the year 2022 has not been the best for the consumer goods company, it lost 6.2% of its value. So far in 2022, it has been doing worse than the Dow Jones by 8.52%.

\\n\",\"\\n

Walt Disney closed at $110.71 after losing 2.21% yesterday

\\n

(Last update 7:41pm EST, February 3, 2023)

\\n

\\n

Yesterday at a glance: the entertainment giant remained in the $110.71 range, after closing Thursday at $113.21 and dropping by 2.21% yesterday. The trading volume was slightly below the latest 21 day average volume at 11 million (98% of average).

\\n

Walt Disney is scheduled to announce earnings results Wednesday. The consensus Earnings Per Share estimate is 0.79 and the consensus revenue estimate is $21 billion.

\\n

Despite this, Walt Disney might start to recover soon because it is getting close to its support line— now only $1.04 away at $109.67. Dipping below could be an indication that further losses are ahead.

\\n

Walt Disney's market cap currently stands at $201.89 billion the entertainment and content production company is up 34.5% on its yearly low ($110.37) that i hit a month ago. The Dow Jones has been doing worse in 2022, it has been passing it by 21.45%.

\\n\",\"\\n

Coca-Cola traded at $59.83, down by 0.75% when the session closed

\\n

(Last update 7:41pm EST, February 3, 2023)

\\n

\\n

A quick look at yesterday: the soft drink company​ recovered some, but not quite all the way back to $60.28​ after dipping down to $59.23​ yesterday. Trading volume (15.38 million) was slightly greater than the last 21 day average by 116%.

\\n

Coca-Cola bounced after reaching the $59.79 support zone, climbing 4 cents above it. Medium-term trend indication has turned negative as the MACD (moving average convergence divergence) index generated a crossover sell signal. This occurs as the MACD line crosses below the MACD signal line. The CCI indicator is below -100. When the CCI (Commodity Channel Index) is at this level it means the price is below the average price as measured by the indicator, indicating a possible start of a new downtrend. Despite this, Bollinger bands shows an indication of recovery: the lower band is at $59.1, a low enough level to, generally, suggest that Coca-Cola is trading below its value.

\\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 Coca-Cola.

\\n

Coca-Cola's market cap is currently $258.74 billion the year 2022 has not been the best for the soft drinks giant, it lost 4.24% of its value. So far in 2022, it has been doing worse than the Dow by 6.56%.

\\n\",\"\\n

Pfizer lost 0.63% yesterday, closed at $44.06

\\n

(Last update 7:41pm EST, February 3, 2023)

\\n

\\n

Yesterday at a glance: the multinational pharma juggernaut​ recovered some, but not quite all the way back to $44.34​ after dipping down to $43.88​ yesterday. The trading volume was slightly below the latest 21 day average volume at 19.17 million (72% of average).

\\n

At $43.96, Pfizer made an initial breakout below the 5 day Simple Moving Average, an indication of a negative trend. On the other hand, note that Pfizer might start to recover soon because it is getting close to its support line— now only 32 cents away at $43.74. Dipping below could be an indication that further losses are ahead.

\\n

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

\\n

The company's market cap is $247.32 billion the year 2022 has not been the best for the multinational pharma juggernaut, it lost 13.5% of its value. So far in 2022, it has been under-performing the Dow by 15.82%.

\\n\",\"\\n

After five days of going down, McDonald's up 0.39% yesterday

\\n

(Last update 7:31pm EST, February 3, 2023)

\\n

\\n

A quick look at yesterday: light green, mostly flat: McDonald's ranged between $265.22 and $261.35 and closed at $264.23. Passing the daily average of 2.77 million, McDonald's traded at 3 million yesterday.

\\n

A study of McDonald's's graph shows key levels to watch: McDonald's could be slowing down soon as it approaches resistance at $265.45. Of course, crossing it might suggest 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, McDonald's's lower Bollinger band is at $261.5, indicating further gains might be next.

\\n

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

\\n

The company's market cap is $193.53 billion the fast food company is now trading 5.46% below its yearly high ($265.22) that it held 2 months ago. So far in 2022, it has been doing worse than the Dow Jones by 2.74%.

\\n\",\"\\n

Stable day for Bitcoin, trading at $23,434

\\n

(Last update 7:31pm EST, February 3, 2023)

\\n

\\n

Bitcoin trades at $23,434, after ending today at $23,444.

\\n

Bitcoin's upper Bollinger band is at $24,500, indicating a downward move might be next. Despite this, Bitcoin might start to recover soon because it is getting close to its support line— now only $98.63 away at $23,336. 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 451.83 billion Bitcoin gained 41.95% so far this year (2022).

\\n

\\n
\\n

Bitcoin dips post-jobs report, and Core Scientific to hand over rigs to pay debt: CNBC Crypto World https://t.co/8LzhmPhYL9

\\n

— CNBC (@CNBC) February 3, 2023

\\n

\\n

\\n\",\"\\n

Gold lost 2.75% yesterday, ending at $1,877.7 per ounce

\\n

(Last update 7:31pm EST, February 3, 2023)

\\n

\\n

Yesterday at a glance: CME Gold went dark red after losing $53.1, tumbling down to $1,877.7 per ounce.

\\n

A study of Gold's graph shows key levels to watch: Gold fell below the $1,898.7 support zone and receded $21 away from it. In terms of trend indicators, we can see that at $1,905, Gold made an initial breakout below the 21 day Simple Moving Average, an indication of a negative trend. Analysis based on the asset volatility indicates that Bollinger bands shows an indication of recovery: the lower band is at $1,860.58, a low enough level to, generally, suggest that CME Gold is trading below its value.

\\n

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

\\n

CME Gold has gained 17.6% over the last 2 months.

\\n

\\n
\\n

South Africa’s largest gold refiner is operating below capacity as output from local mines dwindles and supplies from elsewhere on the continent are scooped up by unaccredited rivals https://t.co/Hq8zxNxFAl

\\n

— Bloomberg (@business) February 3, 2023

\\n

\\n

\\n\",\"\\n

West Texas crude lost 3.49% yesterday, ending at $73.23 per barrel

\\n

(Last update 7:31pm EST, February 3, 2023)

\\n

\\n

A quick look at yesterday: after a mostly steady day, US crude oil lost $2.65 late into the session and closed at $73.23 per barrel.

\\n

WTI crude fell below the $74.82 support zone and receded $1.59 away from it. 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. WTI crude oil shows signs that further losses might be next, as it crossed the lower Bollinger band at $73.84 On the other hand, note that although down today, it's worth noting that in earlier trading US crude oil peaked above the $77.43 50 day Simple Moving Average, usually an indication that a positive move might be approaching.

\\n

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

\\n

WTI crude is now trading 39.18% below its yearly high ($78) that it held 10 months ago.

\\n\",\"\\n

The Euro lost 1.05% yesterday, ending at 1.0797

\\n

(Last update 7:31pm EST, February 3, 2023)

\\n

\\n

Yesterday at a glance: Euro-Dollar slid down from 1.0911 to 1.0797, losing 114 pips (1.05%) today.

\\n

Chart pattern study shows Euro-Dollar bounced after reaching the 1.0802 support zone, climbing 5 pips above it. In terms of trend indicators, we can see that at 1.0852, Euro-Dollar made an initial breakout below the 21 day Simple Moving Average, an indication of a negative trend. According to asset volatility analysis, Bollinger bands shows an indication of recovery: the lower band is at 1.0766, a low enough level to, generally, suggest that the Euro is trading below its value.

\\n

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

\\n

Euro-Dollar has gained 10.91% over the last 2 months.

\\n\",\"\\n

The Pound lost 1.41% yesterday, ending at 1.2056

\\n

(Last update 8:11pm EST, February 3, 2023)

\\n

\\n

A quick look at yesterday: GBP/USD went dark red after losing 172 pips, tumbling down to 1.2056.

\\n

The British Pound's graph levels to watch: Sterling-Dollar might start to recover soon because it is getting close to its support line— now only 13 pips away at 1.2043. Dipping below could be an indication that further losses are ahead. Trend indicators show us that at 1.2204, Sterling-Dollar made an initial breakout below the 50 day Simple Moving Average, an indication of a negative trend. The MACD line is significantly below the MACD signal line, meaning this medium-term trend might turn positive. 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 1.2091, a low enough level to, generally, suggest that the Pound is trading below its value.

\\n

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

\\n

The British Pound is up 20.12% on its yearly low (1.2048) that i hit 4 months ago.

\\n\",\"\\n

Dollar/Yen reached 131.15 after gaining 1.98% yesterday

\\n

(Last update 8:11pm EST, February 3, 2023)

\\n

\\n

A quick look at yesterday: Dollar/Yen spiked to 131.15, gaining 254 pips.

\\n

Important graph levels to look out for: Dollar/Yen reversed direction at 131.19 resistance zone and retreated back 4 pips below it. Trend indicators show us that at 129.55, Dollar/Yen made an initial breakout above 21 day Simple Moving Average, an indication of a positive trend. According to asset volatility analysis, Dollar/Yen's upper Bollinger band is at 131.48, this is a slight indication of a slowdown.

\\n

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

\\n

Dollar/Yen is now trading 14.32% below its yearly high (131.2) that it held 3 months ago.

\\n\",\"\\n

Dollar-Swiss reached 0.9257 after gaining 1.38% yesterday

\\n

(Last update 8:11pm EST, February 3, 2023)

\\n

\\n

Yesterday at a glance: Dollar-Swiss spiked to 0.9257, gaining 125 pips.

\\n

Dollar-Swiss's graph levels to watch: Dollar-Swiss could be slowing down soon as it approaches resistance at 0.9271. Of course, crossing it might suggest further gains are ahead. In terms of trend indicators, we can see that at 0.9249, Dollar-Swiss made an initial breakout above 50 day Simple Moving Average, an indication of a positive trend. Asset volatility analysis shows that Dollar-Swiss's upper Bollinger band is at 0.9294, this is a slight indication of a slowdown. Japanese Candlestick formations detected today show that "Hanging Man”, when 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 Dollar-Swiss has been going up, technical indicators suggest flatness for the immediate future.

\\n

Dollar-Swiss is now trading 0.48% above its yearly low (0.9269) that it has slumped into 3 days ago.

\\n\",\"\\n

Aussie-Dollar lost 2.22% yesterday, ending at 0.6924

\\n

(Last update 8:11pm EST, February 3, 2023)

\\n

\\n

A quick look at yesterday: the Australian dollar went dark red after losing 157 pips, tumbling down to 0.6924.

\\n

The Australian dollar reversed direction at 0.6905 support zone and climbed 19 pips above it. The MACD line is significantly below the MACD signal line, meaning this medium-term trend might turn positive. Bollinger bands shows an indication of recovery: the lower band is at 0.6867, a low enough level to, generally, suggest that Aussie-Dollar is trading below its value. On the other hand, note that at 0.7012, Aussie-Dollar 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 – although indicators are mixed and some are pointing in different directions it seems Aussie-Dollar might reverse course and start pointing upward in the short term.

\\n

The Australian dollar is up 13.97% on its yearly low (0.6921) that i hit 3 months ago.

\\n\\n\"],\"title\":\"Financial Markets Review – 3 February 2023 – 20:12:00\",\"date\":\"2023-02-04T01:12:00\"}"; var omg_ads = JSON.parse(decodeHtml(omg_ads_string)); } catch (e) { var omg_ads = JSON.parse(omg_ads_string); }