\\n

The Nasdaq went higher as President Donald Trump signed a 900 billion dollar coronavirus relief and government funding package into law Sunday, days after he sent Washington into a panic by suggesting he could veto the bill.

\\n

Meanwhile, released on Monday at 8:30 PM, United States's CFTC Crude Oil speculative net positions showed an uptick coming in at 525.7, up from the previous number of 514.6. United States CFTC Gold speculative net positions were released on Monday at 8:30 PM with a figure of 278.2, This is better than the previous number of 269.2. United States CFTC Nasdaq 100 speculative net positions released Monday at 8:30 PM with a figure of 31.2, This is better from the previous number of -22.6.

\\n

The Relative Strength Index indicates Nasdaq is in overbought condition. The upper Bollinger band is at 12,982, indicating a negative correction might be next. Overall, the technical analysis suggests the Nasdaq is neutral for the immediate future, with no clear-cut direction.

\\n

At the same time, Apple hit 135.38, highest rate in 3 months. Facebook sailed past 268.43 resistance, next resistance level is at 287.52.

\\n

The market is looking forward to United States Consumer Confidence projected to outperform the last figure with 97, while it previously stood at 96.1, data will be released today at 3:00 PM. United States S&P/CS HPI Composite – 20 n.s.a. (YoY) (Oct) is projected to rise to 6.9, beating the previous 6.6 figure. Official data is expected today at 2:00 PM. The United States API Weekly Crude Oil Stock is scheduled for today at 9:30 PM.

\\n

Nasdaq social media highlights:

\\n
\\n

The Nasdaq 100 $QQQ was up over 1% on the day while the average stock in the index was down 0.17%.

\\n

— Bespoke (@bespokeinvest) December 28, 2020

\\n

\\n

\\n\",\"\\n

Dow will open at 30,404 after four straight days of gains

\\n

(Last update 7:40pm EST, December 28, 2020)

\\n

\\n

The upper Bollinger band is at 30,433.18, indicating a negative correction might be next.

\\n

Overall, looking at the technical analysis landscape, it seems a reverse of course in the short term might be next for Dow Jones.

\\n

\\n

\\n

US stocks notched new all-time closing highs on Monday. President Trump’s delayed signing of the second pandemic stimulus deal propped the market up.

\\n

The Dow closed up 204 points, or 0.7%

\\n

The S&P 500 rose 0.9%

\\n

The Nasdaq Composite finished 0.7% higherhttps://t.co/QXVdSoh5df

\\n

— CNN Business (@CNNBusiness) December 28, 2020

\\n

\\n

\\n\",\"\\n

S&P will open at 3,735.36 after four straight days of gains

\\n

(Last update 7:40pm EST, December 28, 2020)

\\n

\\n

The upper Bollinger band is at 3,738, indicating a negative correction might be next.

\\n

Overall, looking at the technical analysis landscape, it seems a reverse of course in the short term might be next for the S&P 500.

\\n\",\"\\n

Apple will open at 136.69 after gaining 3.58% Friday

\\n

(Last update 7:40pm EST, December 28, 2020)

\\n

\\n

Trading volume was 120.95 million, above its daily average of 105.66 million.

\\n

The Relative Strength Index indicates Apple is in overbought condition. The upper Bollinger band is at 136.14, indicating a negative correction might be next.

\\n

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

\\n

\\n

\\n

Market rally hits new high, with Apple, Amazon, Google, Visa among the big-cap winners. But growth stocks have a bad day. https://t.co/BOVHk7huuZ $AAPL $AMZN $GOOGL $MSFT $FB $V $MA $JPM pic.twitter.com/bWXdeyYB8c

\\n

— Ed Carson (@IBD_ECarson) December 28, 2020

\\n

\\n

\\n\",\"\\n

Facebook closes at 277 after gaining 3.59% during the session

\\n

(Last update 7:40pm EST, December 28, 2020)

\\n

\\n

Trading volume was 22.52 million, above its daily average of 16.50 million.

\\n

The upper Bollinger band is at 288.48 and the lower is 265.41.

\\n\",\"\\n

Amazon closes at 3,284 after gaining 3.51% during the session

\\n

(Last update 7:40pm EST, December 28, 2020)

\\n

\\n

Trading volume was 5.51 million, above its daily average of 3.47 million.

\\n

The upper Bollinger band is at 3,287, indicating a negative correction might be next.

\\n

Overall, looking at the technical analysis landscape, it seems a reverse of course in the short term might be next for Amazon.

\\n

\\n

\\n

Market rally hits new high, with Apple, Amazon, Google, Visa among the big-cap winners. But growth stocks have a bad day. https://t.co/BOVHk7huuZ $AAPL $AMZN $GOOGL $MSFT $FB $V $MA $JPM pic.twitter.com/bWXdeyYB8c

\\n

— Ed Carson (@IBD_ECarson) December 28, 2020

\\n

\\n

\\n\",\"\\n

Microsoft will open at 224.96 after gaining 1% Friday

\\n

(Last update 8:05pm EST, December 28, 2020)

\\n

\\n

Trading volume was 17.52 million, below its daily average of 27.78 million.

\\n

The upper Bollinger band is at 226.39, indicating a negative correction might be next.

\\n

Overall, looking at the technical analysis landscape, it seems a reverse of course in the short term might be next for Microsoft.

\\n

\\n

\\n

Microsoft’s Project Natick underwater data center experiment confirms viability of seafloor data storage https://t.co/0AEE6hp8as #data #environment pic.twitter.com/nyov38Mo9P

\\n

— World Economic Forum (@wef) December 28, 2020

\\n

\\n

\\n\",\"\\n

Google will open at 1,776 after four straight days of gains

\\n

(Last update 8:05pm EST, December 28, 2020)

\\n

\\n

Trading volume was 1.35 million, below its daily average of 1.45 million.

\\n

The upper Bollinger band is at 1,843.56 and the lower is 1,708.

\\n

\\n

\\n

Market rally hits new high, with Apple, Amazon, Google, Visa among the big-cap winners. But growth stocks have a bad day. https://t.co/BOVHk7huuZ $AAPL $AMZN $GOOGL $MSFT $FB $V $MA $JPM pic.twitter.com/bWXdeyYB8c

\\n

— Ed Carson (@IBD_ECarson) December 28, 2020

\\n

\\n

\\n\",\"\\n

A slow down: after three days of going up, Tesla was flat Friday, closing at 663.69

\\n

(Last update 8:05pm EST, December 28, 2020)

\\n

\\n

Trading volume was 31.45 million, below its daily average of 56.24 million.

\\n

The upper Bollinger band is at 693.63, indicating a downward move might be next.

\\n

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

\\n

\\n

\\n

In 2021, the breadth of the competitive attack that Tesla faces will be greater than ever https://t.co/a1ithDJ4l3

\\n

— Bloomberg (@business) December 28, 2020

\\n

\\n

\\n\",\"\\n

Zoom closes at 351.39, up 23.78 dollars, adding one more to its four straight days of losses

\\n

(Last update 8:05pm EST, December 28, 2020)

\\n

\\n

Trading volume was 9.38 million, above its daily average of 7.44 million.

\\n

The Relative Strength Index indicates Zoom is in oversold condition, allowing more gains. The lower Bollinger band was at 360.4, indicating a positive correction might be next.

\\n

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

\\n

\\n

\\n

Zoom took off, as did e-commerce. Quibi fizzled. Here's a look at the tech winners and losers of 2020.https://t.co/sNfJ1Mt3VA

\\n

— The Associated Press (@AP) December 28, 2020

\\n

\\n

\\n\",\"\\n

Netflix closes at 519.12 after gaining 1% during the session

\\n

(Last update 8:05pm EST, December 28, 2020)

\\n

\\n

Trading volume was 2.79 million, below its daily average of 3.45 million.

\\n

The upper Bollinger band is at 538.33, indicating a negative correction might be next.

\\n

Overall, looking at the technical analysis landscape, it seems a reverse of course in the short term might be next for Netflix.

\\n\",\"\\n

Walmart closes at 145.22 after gaining 1.2% during the session

\\n

(Last update 8:00pm EST, December 28, 2020)

\\n

\\n

Trading volume was 6.01 million, below its daily average of 7.92 million.

\\n

The upper Bollinger band is at 151.59 and the lower is 142.14.

\\n\",\"\\n

Procter & Gamble closes at 138.68 after gaining 0.7% during the session

\\n

(Last update 8:00pm EST, December 28, 2020)

\\n

\\n

Trading volume was 3.59 million, below its daily average of 6.99 million.

\\n

The upper Bollinger band is at 139.57, indicating a negative correction might be next.

\\n

Overall, looking at the technical analysis landscape, it seems a reverse of course in the short term might be next for Procter & Gamble

\\n\",\"\\n

Walt Disney will open at 178.86 after four straight days of gains

\\n

(Last update 8:00pm EST, December 28, 2020)

\\n

\\n

Trading volume was 12.97 million, below its daily average of 14.53 million.

\\n

The Relative Strength Index indicates Walt Disney is in overbought condition. The upper Bollinger band is at 186.1 and the lower is 145.06.

\\n

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

\\n\",\"\\n

Coca-Cola closes at 54.16, up 71 cents, adding one more to its four straight days of gains

\\n

(Last update 8:00pm EST, December 28, 2020)

\\n

\\n

Trading volume was 8.61 million, below its daily average of 15.61 million.

\\n

The upper Bollinger band is at 54.33, indicating a negative correction might be next.

\\n

Overall, looking at the technical analysis landscape, it seems a reverse of course in the short term might be next for Coca-Cola

\\n\",\"\\n

Pfizer is trading around 36.82 after losing -1.21% Friday

\\n

(Last update 8:00pm EST, December 28, 2020)

\\n

\\n

Trading volume was 26.67 million, below its daily average of 55.87 million.

\\n

The upper Bollinger band is at 42.91 and the lower is 35.4.

\\n\",\"\\n

McDonald's will open at 214.02 after gaining 1.24% Friday

\\n

(Last update 7:45pm EST, December 28, 2020)

\\n

\\n

Trading volume was 2.46 million, below its daily average of 3.40 million.

\\n

The upper Bollinger band is at 216.73, indicating a negative correction might be next.

\\n

Overall, looking at the technical analysis landscape, it seems a reverse of course in the short term might be next for McDonald's

\\n\",\"\\n

Bitcoin is down 134.9880000000012 points (-0.5%), trading around 26,784.047

\\n

(Last update 7:46pm EST, December 28, 2020)

\\n

\\n

Bitcoin edges to 26,784.047, following mixed behavior today, as it ranges between 26,784.047 and 27,000.533.

\\n

The Relative Strength Index indicates Bitcoin is in overbought condition, keep an eye out for a slowdown of gains. The upper Bollinger band is at 28,351.67 and the lower is 16,879.6.

\\n

Overall, looking at the technical analysis landscape, it seems Bitcoin might reverse course and start pointing upward in the short term.

\\n

\\n

\\n

Bitcoin is up 40% since December 16.
$BTC.X #bitcoin

\\n

— Stocktwits (@Stocktwits) December 28, 2020

\\n

\\n

\\n\",\"\\n

After starting the day at 1,880.4, Gold inches to 1,883.5 (up 3.1 dollars)

\\n

(Last update 7:45pm EST, December 28, 2020)

\\n

\\n

Gold Friday at a glance –

\\n

Hesitant but green: from an early low of 1,876.8, Gold went up to 1,883.5 and gained 3.1 dollars compared to the 1,880.4 start of the day (0.16%).

\\n

Gold immediate resistance is around 1,896.67, nearest support level is at 1,775.7. The upper Bollinger band is at 1,909.63, indicating a negative correction might be next.

\\n

Overall, looking at the technical analysis landscape, it seems a reverse of course in the short term might be next for Gold.

\\n

\\n

\\n

The good times for gold miners are expected to continue next year, especially those able to tighten spending and increase returns to investors https://t.co/zsEjD58D05

\\n

— Bloomberg (@business) December 28, 2020

\\n

\\n

\\n\",\"\\n

Oil up 0.5%, trading around 47.86

\\n

(Last update 7:46pm EST, December 28, 2020)

\\n

\\n

Oil Friday at a glance –

\\n

Hesitant but green: from an early low of 47.68, Crude went up to 47.86 and gained 24 cents compared to 47.62 at the start of the day (0.5%).

\\n

Crude oil eyes resistance at 49.1 and is now only 1.24 dollars away. Crossing it might suggest a continuation of a positive trend. The upper Bollinger band is at 49.2, indicating a negative correction might be next.

\\n

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

\\n

\\n

\\n

For some traders, U.S. crude futures prices plunging below zero in April highlighted their flaws as a global benchmark. Brent is wrestling with its own challenges. https://t.co/4jggVwqxaC

\\n

— WSJ Markets (@WSJmarkets) December 28, 2020

\\n

\\n

\\n\",\"\\n

Euro inches to 1.2235 after starting the day at 1.2213 (up 0.18%)

\\n

(Last update 7:46pm EST, December 28, 2020)

\\n

\\n

The upper Bollinger band is at 1.2282, indicating a negative correction might be next.

\\n

Overall, looking at the technical analysis landscape, it seems a reverse of course in the short term might be next for the Euro.

\\n\",\"\\n

After starting the day at 1.3452, The British Pound inches to 1.3479 (up 26 pips)

\\n

(Last update 8:20pm EST, December 28, 2020)

\\n

\\n

The upper Bollinger band is at 1.3611 and the lower is 1.3251.

\\n

\\n

\\n

There are more votes in protecting Britain's fishermen than its moneymen. The future of the City of London after Brexit is consequently uncertain https://t.co/TMN5NpuUBf

\\n

— The Economist (@TheEconomist) December 29, 2020

\\n

\\n

\\n\",\"\\n

Yen steady at 103.76, no significant movement

\\n

(Last update 8:20pm EST, December 28, 2020)

\\n

\\n

The upper Bollinger band is at 104.5, indicating a downward move might be next.

\\n

Overall, looking at the technical analysis landscape, it seems the Dollar/Yen might be pointing down in the short term.

\\n\",\"\\n

Swiss franc edges to 0.8879 after starting the day at 0.8892 (down -0.15%)

\\n

(Last update 8:20pm EST, December 28, 2020)

\\n

\\n

The upper Bollinger band was at 0.8939, indicating a further downward move might be next.

\\n

Overall, looking at the technical analysis landscape, it seems further drawbacks may be next for the Swiss franc.

\\n\",\"\\n

After starting the day at 0.758, Australian dollar crawls to 0.7594 (up 13 pips)

\\n

(Last update 8:20pm EST, December 28, 2020)

\\n

\\n

The upper Bollinger band is at 0.7678 and the lower is 0.7386.

\\n\\n\"],\"title\":\"Financial Markets Review – 28 December 2020 – 20:20:55\",\"date\":\"2020-12-29T01:20:55\"}"; var omg_ads = JSON.parse(decodeHtml(omg_ads_string)); } catch (e) { var omg_ads = JSON.parse(omg_ads_string); }