\\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 $97.61 (down 0.64%) and added one more to its 7th straight day of losses

\\n

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

\\n

\\n

Friday at a glance: Jeff Bezos’s company slid down from $98.24 to $97.61, taking a 0.64% loss Friday. The trading volume was 52.74 million which is below the daily average of 84.20 million.

\\n

Despite this, after reaching the $96.29 support zone, Amazon bounced and climbed $1.32 above it.

\\n

Amazon's market cap currently stands at $1 trillion hitting its yearly low ($96.23) a month ago, Jeff Bezos’s company has bounced back 20.07% since. The Nasdaq has been doing worse in 2022, it has been passing it by 2.35%.

\\n

\\n
\\n

Cuts at the online shoe retailer comes as parent Amazon slashes headcout https://t.co/CNQi6m021P

\\n

— Bloomberg (@business) February 11, 2023

\\n

\\n

\\n\",\"\\n

After three days of going down, Microsoft was flat Friday and closed at $263.1, yet climbs 1% in pre-market trading

\\n

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

\\n

\\n

A quick look at Friday: the iconic OS developer slid down from $263.62 to $263.1, taking a 0.2% loss Friday. The trading volume was slightly below the latest 21 day average volume at 25.82 million (75% of average).

\\n

At $263, 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. On the other hand, note that Microsoft might start to recover soon because it is getting close to its support line— now only $1.95 away at $261.15. Dipping below could be an indication that further losses are ahead.

\\n

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

\\n

The company's market cap is $1.96 trillion the iconic OS developer gained 9.8% so far this year (2022). So far in 2022, it has been under-performing the Nasdaq by 1.49%.

\\n

\\n
\\n

ICYMI: Google owner Alphabet said it will launch a chatbot service and more artificial intelligence for its search engine as well as developers, an answer to Microsoft in their rivalry to lead a new wave of computing https://t.co/20WlglF4ua pic.twitter.com/RcKztInXwr

\\n

— Reuters (@Reuters) February 12, 2023

\\n

\\n

\\n\",\"\\n

Falling for four consecutive days, Google ended the session at $94.86 (down 0.63%)

\\n

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

\\n

\\n

A quick look at Friday: Google ranged between $97 and $94.53, but settled at $94.86. Trading volume (49.33 million) was above the last 21 day average by 139%.

\\n

At $94.83, Google made an initial breakout below the 50 day Simple Moving Average, an indication of a negative trend. On the other hand, note that Google might start to recover soon because it is getting close to its support line— now only 94 cents away at $93.92. Dipping below could be an indication that further losses are ahead.

\\n

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

\\n

The company's market cap is $1.21 trillion the leading search engine company is now trading 33.54% below its yearly high ($97) that it held 10 months ago. So far in 2022, it has been doing worse than the Nasdaq by 5.58%.

\\n

\\n
\\n

WATCH: Competition for the best in artificial intelligence heats up as Google parent Alphabet announces plans to launch an AI chatbot service https://t.co/20WlglF4ua pic.twitter.com/6QtkJleARf

\\n

— Reuters (@Reuters) February 12, 2023

\\n

\\n

\\n\",\"\\n

Tesla closed at $196.89 after losing 5.03% Friday

\\n

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

\\n

\\n

A quick look at Friday: Elon Musk's EV company remained in the $196.89 range, after closing Thursday at $207.32 and dropping by 5.03% Friday. The trading volume was 203.14 million; slightly greater than the daily average of 199.51 million.

\\n

At $200.22, Tesla made an initial breakout below the 5 day Simple Moving Average, an indication of a negative trend. In contrast, although Tesla is down today and was as low as $192.89, it seems to be recovering slightly and climbing away from the $191.12 support line and is now $5.77 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 is currently trading with a market cap of $622.98 billion Elon Musk's EV company is now trading 91.79% above its yearly low ($206.2) that it has slumped into a month ago. The Nasdaq has been doing worse in 2022, it has been passing it by 63.62%.

\\n\",\"\\n

Zoom closed at $74.21 (down 3.33%) and added one more to its 4th straight day of losses

\\n

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

\\n

\\n

A quick look at Friday: the video communications platform provider remained in the $74.21 range, after closing Thursday at $76.77 and dropping by 3.33% Friday. The trading volume was 3.31 million — slightly below the daily average of 4 million.

\\n

At $73.63, Zoom made an initial breakout below the 21 day Simple Moving Average, an indication of a negative trend. 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, although Zoom is down today and was as low as $72.87, it seems to be recovering slightly and climbing away from the $72.76 support line and is now $1.45 above it.

\\n

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

\\n

The company's market cap is $21.69 billion a month ago the US video tech company has hit its twelve month low point of $72.87, since than it recovered back 17.46%. So far in 2022, it has been under-performing the Nasdaq by 0.38%.

\\n\",\"\\n

Netflix closed at $347.36 after losing 4.18% Friday

\\n

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

\\n

\\n

Friday at a glance: the streaming company dropped 4.18% early on and stayed at the $347.36 range. The trading volume was 7.29 million — below the daily average of 9.62 million.

\\n

At $349.26, Netflix made an initial breakout below the 21 day Simple Moving Average, an indication of a negative trend. On the other hand, note that Netflix might start to recover soon because it is getting close to its support line— now only $5 away at $342.35. Dipping below could be an indication that further losses are ahead.

\\n

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

\\n

The company's market cap is $154.70 billion the streaming company gained 16.9% so far this year (2022). So far in 2022, it has been outperforming the Nasdaq by 5.61%.

\\n\",\"\\n

Walmart gained 1.55% Friday and ended up at $143.72

\\n

(Last update 5:21am EST, February 12, 2023)

\\n

\\n

Friday at a glance: the discount department and warehouse stores chain went up to $143.72, gaining 1.55%. The trading volume was 5 million — slightly under the daily average of 5.35 million.

\\n

Walmart could be slowing down soon; it is getting close to the resistance line and is now at $144.37, only 65 cents away. Crossing the resistance line could, however, suggest that 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 $142.72, usually an indication that a negative trend is ahead. Walmart's upper Bollinger band is at $145.73, this is a slight indication of a slowdown.

\\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

The company's market cap is $387.58 billion the warehouse stores chain company is now trading 19.64% above its yearly low ($143.94) that it has slumped into 7 months ago. So far in 2022, it has been doing worse than the Dow by 2.09%.

\\n\",\"\\n

Friday Procter & Gamble went up and closed at $138.26

\\n

(Last update 5:21am EST, February 12, 2023)

\\n

\\n

Friday at a glance: the consumer goods corporation went up to $138.26, gaining 0.88%. Slightly above the daily average volume of 7.59 million, Procter & Gamble traded with 8.10 million Friday.

\\n

Important graph levels to look out for: Procter & Gamble could be slowing down soon; it is getting close to the resistance line and is now at $139.09, only 83 cents away. Crossing the resistance line could, however, suggest that further gains are ahead. Trend indicators show us that at $138.09, Procter & Gamble made an initial breakout above 3 day Simple Moving Average, an indication of a positive trend. 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, the technical analysis picture suggests Procter & Gamble is neutral for the immediate future, with no clear-cut direction.

\\n

Procter & Gamble's market cap is currently $326.17 billion the year 2022 has not been the best for the consumer goods corporation, it lost 8.85% of its value. So far in 2022, it has been doing worse than the Dow by 11%.

\\n\",\"\\n

Walt Disney ended the session at $108.06 (-2.08%)

\\n

(Last update 5:21am EST, February 12, 2023)

\\n

\\n

Friday at a glance: the entertainment giant dropped 2.08% early on and stayed at the $108.06 range. Trading volume (15.57 million) was slightly greater than the latest 21 day volume average by 110%.

\\n

Walt Disney was down, even though its quarterly earnings released on Wednesday beat the analysts’ estimates. The reported earnings of 0.99 per share on revenue of $23.51 billion, topping estimates of 0.69 per share on revenue of $21 billion.

\\n

Chart pattern study shows Walt Disney might start to recover soon because it is getting close to its support line— now only $1.12 away at $106.94. Dipping below could be an indication that further losses are ahead.

\\n

Walt Disney's market cap is currently $197.41 billion the entertainment and content production company is now trading 31.12% above its yearly low ($109.73) that it has slumped into a month ago. So far in 2022 it has been beating the Dow Jones by 18.75%.

\\n\",\"\\n

Coca-Cola closes at $59.62 as investors eye earnings on Tuesday

\\n

(Last update 5:21am EST, February 12, 2023)

\\n

\\n

A quick look at Friday: Coca-Cola closed at $59.62 with no clear-cut direction and ranged between $59.9 and $58.88. The trading volume was slightly below the latest 21 day average volume at 12.15 million (88% of average).

\\n

Coca-Cola is scheduled to announce earnings results Tuesday. The consensus EPS estimate is 0.45 and the consensus revenue estimate is $9.99 billion.

\\n

A study of Coca-Cola's graph shows key levels to watch: Coca-Cola reversed direction at $59.03 support zone and climbed 59 cents above 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. Asset volatility analysis shows that Coca-Cola's lower Bollinger band is at $59.06, indicating a positive move might be next.

\\n

Overall, technical indicators suggest Coca-Cola has no obvious direction for the immediate future.

\\n

Coca-Cola has a market cap of $257.83 billion the year 2022 has not been the best for the soft drinks giant, it lost 5.29% of its value. So far in 2022, it has been under-performing the Dow by 7.46%.

\\n\",\"\\n

Friday Pfizer went up and closed at $43.88

\\n

(Last update 5:21am EST, February 12, 2023)

\\n

\\n

A quick look at Friday: the multinational pharma juggernaut went up to $43.88, gaining 1.25%. The trading volume was 18.62 million — slightly below the daily average of 25.62 million.

\\n

At $43.83, Pfizer made an initial breakout above 10 day Simple Moving Average, an indication of a positive trend. In contrast, Pfizer could be slowing down soon; it is getting close to the resistance line and is now at $44.15, only 27 cents away. Crossing the resistance line could, however, suggest that further gains are ahead.

\\n

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

\\n

The company's market cap is $246.31 billion the year 2022 has not been the best for the multinational pharma juggernaut, it lost 14.55% of its value. So far in 2022, it has been under-performing the Dow Jones by 16.72%.

\\n\",\"\\n

Friday McDonald's went up and closed at $262.42

\\n

(Last update 6:07am EST, February 12, 2023)

\\n

\\n

Friday at a glance: McDonald's recovered from the previous trading session's losses and went up to $262.42 Friday after it traded lower at $260.33. Slightly greater than the daily average of 2.92 million, McDonald's traded with a volume of 3 million Friday.

\\n

A study of McDonald's's chart pattern shows McDonald's could be slowing down soon as it approaches resistance at $263.3. 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 McDonald's's lower Bollinger band is at $259.29, indicating further gains might be next. Japanese Candlestick formations detected today show that "bullish harami”, whenever it appears on top of a bearish overall trend, some traders would consider this as an indication of a trend reversal.

\\n

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

\\n

The company's market cap is $192.20 billion the fast food company is now trading 6.37% below its yearly high ($262.69) that it held 3 months ago. So far in 2022, it has been doing worse than the Dow Jones by 2.9%.

\\n\",\"\\n

Bitcoin parks at $21,900

\\n

(Last update 6:07am EST, February 12, 2023)

\\n

\\n

Bitcoin is trading at $21,900 with no clear-cut direction, ranging between $21,900 and $21,800.

\\n

After reaching the $21,763 support zone, Bitcoin bounced and climbed $130.84 above it. At $22,136, Bitcoin made an initial breakout above 3 day Simple Moving Average, an indication of a positive trend. Bitcoin's lower Bollinger band is at $21,645, indicating a positive move might be next. In contrast, 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 Bitcoin might be pointing upward in the short term.

\\n

Bitcoin is currently trading with a market cap of 422.30 billion Bitcoin gained 31.04% so far this year (2022).

\\n

\\n
\\n

Why is crypto so terrible for the environment?

\\n

In this episode of Getting Warmer, @KalPenn explains why digital assets are energy hogs and how Bitcoin miners claim a change in methodology might help turn crypto green.

\\n

Watch more: https://t.co/K1F4IQoD7i pic.twitter.com/wAGpeo16BW

\\n

— Bloomberg (@business) February 11, 2023

\\n

\\n

\\n\",\"\\n

After three days of going down, CME Gold was mostly flat Friday and closed at $1,876.4.

\\n

(Last update 6:07am EST, February 12, 2023)

\\n

\\n

A quick look at Friday: CME Gold recovered back to $1,876.4 per ounce after dipping down to $1,863.5, in a session that followed Thursday's $1,878.5 close value.

\\n

After reaching the $1,855.63 support zone, Gold bounced and climbed $20.77 above it. At $1,875.44, Gold made an initial breakout above 5 day Simple Moving Average, an indication of a positive trend. CME Gold's lower Bollinger band is at $1,856, indicating a positive move might be next. On the other hand, note 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.

\\n

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

\\n

Hitting its yearly low ($1,863.5) 4 months ago, Gold has bounced back 15.72% since.

\\n

\\n
\\n

Years of neglect during the previous government of far-right President Jair Bolsonaro led to a health crisis in Brazil's Indigenous Yanomami population. It got worse while thousands of illegal gold miners swarmed into their territory. https://t.co/E10uPZZV22

\\n

— The Associated Press (@AP) February 11, 2023

\\n

\\n

\\n\",\"\\n

West Texas crude reached $79.76 per barrel after gaining 2.18% Friday

\\n

(Last update 6:07am EST, February 12, 2023)

\\n

\\n

Friday at a glance: WTI crude closed Friday at $79.76 per barrel (with a daily low of $77.47) after ending Thursday at $78.06 and gaining 2.18%.

\\n

At $78.5, West Texas crude made an initial breakout above 21 day Simple Moving Average, an indication of a positive trend. Medium-term trend indication has turned positive as the MACD (moving average convergence divergence) index generated a crossover buy signal. This occurs as the MACD line crosses above the MACD signal line. On the other hand, note that West Texas crude could be slowing down soon; it is getting close to the resistance line and is now at $80.88, only $1.12 away. Crossing the resistance line could, however, suggest that further gains are ahead.

\\n

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

\\n

WTI crude is now trading 37.44% below its yearly high ($80.33) that it held 11 months ago.

\\n\",\"\\n

Euro-Dollar lost 0.58% Friday, ending at 1.0681

\\n

(Last update 6:07am EST, February 12, 2023)

\\n

\\n

Friday at a glance: the Euro slid down from 1.0743 to 1.0681, losing 61 pips (0.58%) today.

\\n

Euro-Dollar might start to recover soon because it is getting close to its support line— now only 1 pips away at 1.0682. Dipping below could be an indication that further losses are ahead. Although down today, it's worth noting that in earlier trading Euro-Dollar peaked above the 1.0736 50 day Simple Moving Average, usually an indication that a positive move might be approaching. Bollinger bands shows an indication of recovery: the lower band is at 1.066, a low enough level to, generally, suggest that Euro-Dollar is trading below its value. 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

Technical analysis indicates that Euro-Dollar's current downtrend might soon change course and start climbing up in the short term.

\\n

The Euro is now trading 11.95% above its yearly low (1.0754) that it has slumped into 4 months ago.

\\n\",\"\\n

The Pound lost 0.53% Friday, ending at 1.2058

\\n

(Last update 6:11am EST, February 12, 2023)

\\n

\\n

A quick look at Friday: after a mostly steady day, the British Pound lost 0.53% deep into the session, ending up at 1.2058.

\\n

The Pound fell below the 1.2024 support zone and receded 34 pips away from it. At 1.2055, the Pound made an initial breakout below the 5 day Simple Moving Average, an indication of a negative trend.

\\n

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

\\n

Sterling-Dollar is up 19.07% on its yearly low (1.2045) that i hit 4 months ago.

\\n\",\"\\n

Dollar/Yen holds at 131.38

\\n

(Last update 6:11am EST, February 12, 2023)

\\n

\\n

Friday at a glance: light red: Dollar/Yen closed at 131.38 after ranging between 131.38 and 131.38.

\\n

At 131.57, Dollar/Yen made an initial breakout below the 50 day Simple Moving Average, an indication of a negative trend.

\\n

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

\\n

Dollar/Yen is now trading 12.43% below its yearly high (131.38) that it held 3 months ago.

\\n\",\"\\n

Dollar-Swiss reached 0.9235 after gaining 0.21% Friday

\\n

(Last update 6:11am EST, February 12, 2023)

\\n

\\n

Friday at a glance: with a daily low of 0.9235, Dollar-Swiss closed Friday at 0.9235, after ending Thursday at 0.9216 and gaining 19 pips (0.21%).

\\n

Dollar-Swiss broke through the 0.9249 resistance, climbing 14 pips above it. At 0.9243, Dollar-Swiss made an initial breakout above 50 day Simple Moving Average, an indication of a positive trend.

\\n

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

\\n

Dollar-Swiss is up 1.41% on its yearly low (0.9235) that i hit 11 days ago.

\\n\",\"\\n

The Australian dollar lost 0.26% Friday, ending at 0.6921

\\n

(Last update 6:11am EST, February 12, 2023)

\\n

\\n

Friday at a glance: Aussie-Dollar slid down from 0.6939 to 0.6921, losing 18 pips (0.26%) today.

\\n

A study of the Australian dollar's chart pattern shows after reaching the 0.6867 support zone, the Australian dollar bounced and climbed 54 pips above it. Trend indicators show us that at 0.6882, the Australian 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.

\\n

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

\\n

Aussie-Dollar is now trading 11.67% above its yearly low (0.6921) that it has slumped into 3 months ago.

\\n\\n\"],\"title\":\"Financial Markets Review – 12 February 2023 – 06:11:51\",\"date\":\"2023-02-12T11:11:51\"}"; var omg_ads = JSON.parse(decodeHtml(omg_ads_string)); } catch (e) { var omg_ads = JSON.parse(omg_ads_string); }