\\n

A quick look at yesterday: Nasdaq is up to 16,042 today, which makes for a move of 2.96%/460.72 points.

\\n

On the flip side, United States Crude Oil Inventories fall short of the 3.88 million projections, with 3.51 million and continued its downward trajectory from previous figure of 12 million.

\\n

At the same time, United States Existing Home Sales (Jan) released yesterday at 15:00 UTC with a figure of 4 million, while the previous figure was 3.88 million. United States Services PMI comes out at 51.3, while the projection was 52.4.

\\n

\\n

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. 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. The Nasdaq has just crossed the upper Bollinger band at 15,544, indicating further gains might be next. Despite this, the MACD line is significantly above the MACD signal line, meaning the medium-term trend might turn negative. The Relative Strength Index shows the Nasdaq has gone up above 70, going into overbought territory.

\\n

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

\\n

Other markets are also showing gains as Nikkei went up by 2.19% yesterday, and closed at 39,100. S&P 500 went up by 2.11% yesterday, and closed at 5,087.

\\n

\\n\",\"\\n

The Dow Jones​ closed at 39,069​ after gaining 1.18%​ yesterday​

\\n

(Last update 8:52pm EST, February 22, 2024)

\\n

\\n

Yesterday at a glance: Dow Jones is up to 39,069 today, which makes for a move of 1.18%/469.11 points.

\\n

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. 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. The Dow has just crossed the upper Bollinger band at 38,344, indicating further gains might be next.

\\n

Overall, looking at the technical analysis landscape, it seems the Dow Jones might continue pointing upwards in the short term.

\\n

The Dow has gained 2.39% over the last a month.

\\n\",\"\\n

The S&P 500​ closed at 5,087​ after gaining 2.11%​ yesterday​

\\n

(Last update 8:52pm EST, February 22, 2024)

\\n

\\n

Yesterday at a glance: after closing the previous trading day at 4,981.8, the S&P 500 is up to 5,087, which makes for a move of 2.11%/105.2 points today.

\\n

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. 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. The S&P 500 has just crossed the upper Bollinger band at 4,923.66, indicating further gains might be next. On the other hand, note that the MACD line is significantly above the MACD signal line, meaning the medium-term trend might turn negative. The Relative Strength Index shows the S&P has gone up above 70, going into overbought territory.

\\n

According to technical analysis, it looks as if the S&P likely to continue pointing upward in the short term.

\\n

The S&P has gained 4.15% over the last a month.

\\n\",\"\\n

Apple closed at $184.37 after gaining 1.12% yesterday

\\n

(Last update 8:52pm EST, February 22, 2024)

\\n

\\n

A quick look at yesterday: the mobile and tech colossus went up to $184.37, gaining 1.12%. The trading volume was 51.62 million — below the daily average of 54.47 million.

\\n

The MACD line is significantly below the MACD signal line, meaning this medium-term trend might turn positive. Apple's lower Bollinger band is at $180.41, indicating further gains might be next. Despite this, Apple could be slowing down soon; it is getting close to the resistance line and is now at $185.39, only $1 away. Crossing the resistance line could, however, suggest that further gains are ahead.

\\n

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

\\n

Apple's market cap currently stands at $2.85 trillion the mobile and tech colossus is now trading 7.97% below its yearly high ($184.95) that it held 2 months ago. So far in 2022, it has been under-performing the Nasdaq by 1.03%.

\\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 went up and closed at $174.58

\\n

(Last update 8:52pm EST, February 22, 2024)

\\n

\\n

A quick look at yesterday: after ending Wednesday's session at $168.59, Amazon went up to $174.8 yesterday only to fall back and close at $174.58. Slightly greater than the daily average of 52.74 million, Amazon traded with a volume of 54.25 million yesterday.

\\n

Amazon could be slowing down soon as it approaches resistance at $175.66. Of course, crossing it might suggest further gains are ahead. Amazon's upper Bollinger band is at $179.1, this is a slight indication of a slowdown.

\\n

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

\\n

Amazon's market cap is currently $1.81 trillion 14 days ago Jeff Bezos’s company has hit its yearly high point of $174.8, since than it lost 3.36%. So far in 2022, it has been outperforming the Nasdaq by 8.34%.

\\n\",\"\\n

Yesterday Microsoft went up and closed at $411.65

\\n

(Last update 8:42pm EST, February 22, 2024)

\\n

\\n

A quick look at yesterday: after closing yesterday at $402.18, the software giant went up to $412.8 only to drop some of the way and close at $411.65. The trading volume was 25.45 million; higher than the daily average of 24.76 million.

\\n

Microsoft chart analysis: Microsoft could be slowing down soon as it approaches resistance at $413.46. Of course, crossing it might suggest further gains are ahead. Trend indicators show us that the MACD line is significantly below the MACD signal line, meaning this medium-term trend might turn positive. 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 $418.83 – a high enough level to usually suggest Microsoft is trading above its value.

\\n

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

\\n

The company has a market cap of $3 trillion the software giant is now trading 4.37% below its yearly high ($412.8) that it held 14 days ago. So far in 2022, it has performed better than the Nasdaq by 2.22%.

\\n\",\"\\n

Google closes at $145.32, increasing by $1.48 and adding one more to its four straight day of gains

\\n

(Last update 8:42pm EST, February 22, 2024)

\\n

\\n

A quick look at yesterday: after ending Wednesday at $143.84, Google spiked to $146.2 yesterday, dropped back to starting point range, and rallied again to $145.32. The trading volume was 22.86 million, which is below the daily average of 23.35 million.

\\n

Google's graph levels to watch: although Google is green today and was as high as $146.2, it seems to be slowing down slightly and moving away from the $146.34 resistance line, and is now $1.02 below it.

\\n

Google's market cap is currently $1.80 trillion 25 days ago the leading search engine company has hit its yearly high point of $146.2, since than it lost 7.1%. So far in 2022, it has been outperforming the Nasdaq by 1.05%.

\\n\",\"\\n

Yesterday Tesla went up and closed at $197.41

\\n

(Last update 8:42pm EST, February 22, 2024)

\\n

\\n

A quick look at yesterday: Tesla ended Wednesday at $194.77. yesterday it went up to $198.32 only to drop back, yet still managed to close at $197.41. The trading volume was 92 million — below the daily average of 109.58 million.

\\n

Tesla could be slowing down soon as it approaches resistance at $200.03. Of course, crossing it might suggest further gains are ahead. Tesla's upper Bollinger band is at $201.28, this is a slight indication of a slowdown.

\\n

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

\\n

Tesla is currently trading with a market cap of $628.71 billion 7 months ago the trendy EV maker has hit its yearly high point of $198.32, since than it lost 33.6%. So far in 2022, it has been under-performing the Nasdaq by 9.17%.

\\n\",\"\\n

Zoom gains 1.26%, closes at $62.12 ahead of the quarterly earnings report set for Monday

\\n

(Last update 8:42pm EST, February 22, 2024)

\\n

\\n

Yesterday at a glance: the US video tech company went up to $62.12, gaining 1.26%. Zoom passed the daily average (3 million) with a volume of 3.38 million.

\\n

Zoom is scheduled to announce earnings results Monday. The consensus EPS estimate is 1.15 and the consensus revenue estimate is $1.13 billion.

\\n

Chart pattern study shows Zoom could be slowing down soon as it approaches resistance at $62.55. 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. Analysis based on the asset volatility indicates that Zoom's lower Bollinger band is at $60.25, indicating further gains might be next.

\\n

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

\\n

The company has a market cap of $16 billion the year 2022 has not been the best for the US video tech company, it lost 14.22% of its value. So far in 2022, it has been doing worse than the Nasdaq by 14.28%.

\\n\",\"\\n

Yesterday Netflix increased by 2.64%, ended the session at $588.47

\\n

(Last update 8:42pm EST, February 22, 2024)

\\n

\\n

A quick look at yesterday: ending Wednesday at $573.35, the streaming heavyweight rallied 2.64% yesterday and stayed at the $588.47 level. The trading volume was 3.49 million which is below the daily average of 5.84 million.

\\n

Important graph levels to look out for: Netflix could be slowing down soon as it approaches resistance at $593.25. Of course, crossing it might suggest further gains 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. According to asset volatility analysis, a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at $593 – 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 has a market cap of $254.67 billion the streaming company is now trading 3.39% below its yearly high ($590.85) that it held 8 days ago. So far in 2022 it has been beating the Nasdaq by 4.43%.

\\n\",\"\\n

Walmart is up to $176.15 (+0.42%) in after hours trading after closing yesterday's session at $175.41

\\n

(Last update 8:21pm EST, February 22, 2024)

\\n

\\n

Yesterday at a glance: the discount department and warehouse stores chain went up to $175.41, gaining 0.98%. Slightly above the daily average of 7.34 million, Walmart traded with a volume of 8.87 million yesterday.

\\n

Chart pattern study shows Walmart could be slowing down soon as it approaches resistance at $176.14. Of course, crossing it might suggest further gains 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. Momentum evaluation shows that the Relative Strength Index indicates Walmart is in an overbought condition. Analysis based on the asset volatility indicates that Walmart's upper Bollinger band is at $176.15, this is a slight indication of a slowdown.

\\n

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

\\n

The company's market cap is $472.24 billion the warehouse stores chain company has gained 1.94% over the last 7 days. So far in 2022 it has been beating the Dow Jones by 4.16%.

\\n\",\"\\n

A slow down: after five days of going up, Procter & Gamble was flat yesterday and closed at $160.56.

\\n

(Last update 8:21pm EST, February 22, 2024)

\\n

\\n

Yesterday at a glance: after ending yesterday at $160.4, the consumer goods company recovers back to $160.56 after dipping down to $158.63 earlier today. The trading volume was 4.60 million which was lower than the daily average of 7.32 million.

\\n

A chart visual study suggests Procter & Gamble is climbing away and is now $2.93 from the $157.63 support 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 Procter & Gamble's upper Bollinger band is at $160.9, indicating a downward move might be next.

\\n

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

\\n

Procter & Gamble's market cap is currently $377.80 billion the consumer goods company gained 3.82% so far this year (2022). The Dow Jones has been doing worse in 2022, it has been passing it by 3.81%.

\\n\",\"\\n

After four days of going down, Walt Disney was mostly flat yesterday and closed at $107.64.

\\n

(Last update 8:21pm EST, February 22, 2024)

\\n

\\n

Yesterday at a glance: a mostly flat day so far for the entertainment and content production company, ranging between $108.49 and $107.41 and is now at $107.64. The trading volume was 9.22 million — below the daily average of 14.45 million.

\\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. Despite this, Walt Disney might start to recover soon because it is getting close to its support line— now only 44 cents away at $107.2. Dipping below could be an indication that further losses are ahead.

\\n

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

\\n

The company's market cap is $197.44 billion 8 days ago the entertainment giant has hit its yearly high point of $108.49, since than it lost 4.25%. So far in 2022, it has performed better than the Dow by 27.2%.

\\n\",\"\\n

Coca-Cola parks at $61.15

\\n

(Last update 8:21pm EST, February 22, 2024)

\\n

\\n

Yesterday at a glance: Coca-Cola recovered back to $61.15 after dipping down to $60.5, in a session that followed Wednesday's $61.24 close value. The trading volume was 12.20 million — below the daily average of 15.57 million.

\\n

A chart visual study suggests Coca-Cola might start to recover soon because it is getting close to its support line— now only 93 cents away at $60.22. 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 Coca-Cola's upper Bollinger band is at $61.35, indicating a downward move might be next.

\\n

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

\\n

The company has a market cap of $263.71 billion the soft drink company has hit is lowest yearly rate ($60.5) 4 months ago, since then it has recovered 16.91%. So far in 2022, it has been doing worse than the Dow by 1.17%.

\\n\",\"\\n

Pfizer dropped by 0.43% and closed the session at $27.55

\\n

(Last update 8:21pm EST, February 22, 2024)

\\n

\\n

Yesterday at a glance: the pharmaceuticals and biotechnology company remained in the $27.55 range, after closing Wednesday at $27.67 and dropping by 0.43% yesterday. The trading volume was 31.77 million — below the daily average of 44.29 million.

\\n

Pfizer's upper Bollinger band at $27.96, indicating a further downward move might be next. Despite this, although Pfizer is pointing down today (was as low as $27.18), it's climbing away from the $27.26 support line and is now 29 cents above it.

\\n

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

\\n

Pfizer is currently trading with a market cap of $155.56 billion the multinational pharma juggernaut has lost 47.12% over the last 5 months. So far in 2022, it has been under-performing the Dow Jones by 20.42%.

\\n\",\"\\n

McDonald's ended the session at $295.92 yesterday, after seven straight days of gains

\\n

(Last update 8:36pm EST, February 22, 2024)

\\n

\\n

A quick look at yesterday: the fast food giant went up to $295.92, gaining 0.68%. Trading volume (1.87 million) was lower than the latest 21 day average volume by 54%.

\\n

McDonald's could be slowing down soon as it approaches resistance at $297.31. Of course, crossing it might suggest further gains are ahead. A slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at $298.97 – a high enough level to usually suggest McDonald's is trading above its value.

\\n

McDonald's is likely to reverse course and start pointing downward in the short term.

\\n

The company's market cap is $214.64 billion the fast food giant is up 19.38% on its yearly low ($293.25) that i hit 4 months ago. So far in 2022, it has been doing worse than the Dow Jones by 0.58%.

\\n\",\"\\n

Bitcoin is down by 0.8%, trading at $51,442

\\n

(Last update 8:36pm EST, February 22, 2024)

\\n

\\n

Bitcoin recovering almost all the way back to $51,855 today, after dipping down to $50,900.

\\n

Despite this, Bitcoin might start to recover soon because it is getting close to its support line— now only $481.92 away at $50,960. Dipping below could be an indication that further losses are ahead.

\\n

Bitcoin has a market cap of 1 trillion 3 days ago Bitcoin has hit its yearly high point of 52,100, since than it lost 0.6%.

\\n\",\"\\n

CME Gold has been up for nine days in a row, gaining $5 to reach $2,035.7.

\\n

(Last update 8:36pm EST, February 22, 2024)

\\n

\\n

Gold is up to $2,035.7 per ounce today after closing yesterday at $2,030.7. Overall, a 0.25% move or $5 today.

\\n

Gold could be slowing down soon; it is getting close to the resistance line and is now at $2,043.37, only $7.67 away. Crossing the resistance line could, however, suggest that further gains are ahead. Even though CME Gold is up today, it is worth noting that earlier it dropped below 3 day Simple Moving Average and was trading at $2,033.33, a possible sign that a negative trend is ahead.

\\n

Examining the technical analysis landscape, CME Gold is likely to reverse course and start pointing downward in the short term.

\\n

2 months ago Gold has hit its yearly high point of $2,045.5, since than it lost 3%.

\\n\",\"\\n

WTI crude oil is down by 0.45%, trading at $78.26 per barrel

\\n

(Last update 8:36pm EST, February 22, 2024)

\\n

\\n

After having ended yesterday at $78.61, US crude oil is down to $78.26 per barrel today. Overall, a 0.45% move or 35 cents.

\\n

In contrast, West Texas crude might start to recover soon because it is getting close to its support line— now only 79 cents away at $77.47. Dipping below could be an indication that further losses are ahead.

\\n

WTI crude oil gained 16.81% so far this year (2022).

\\n\",\"\\n

A slow down? After three days of going up, Euro-Dollar is flat today, hovering around 1.0826.

\\n

(Last update 8:36pm EST, February 22, 2024)

\\n

\\n

The Euro falls to 1.0826, following mixed behavior today as it ranges between 1.08 and 1.0889.

\\n

Euro-Dollar might start to recover soon because it is getting close to its support line— now only 39 pips away at 1.0786. 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 1.0826 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. On the other hand, note that the Euro's upper Bollinger band at 1.0853, indicating a further downward move might be next.

\\n

The Euro might continue its recent uptrend in the short term, according to technical analysis.

\\n

The year 2022 has not been the best for the Euro, it lost 64.11% of its value.

\\n\",\"\\n

A slow down? After three days of going up, Sterling-Dollar is flat today, hovering around 1.2663.

\\n

(Last update 9:11pm EST, February 22, 2024)

\\n

\\n

Light green, mostly flat: GBP/USD ranging between 1.2709 and 1.261 and is now at 1.2663.

\\n

The Pound could be slowing down soon as it approaches resistance at 1.2709. Of course, crossing it might suggest further gains are ahead. A slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at 1.2709 – a high enough level to usually suggest the British Pound is trading above its value.

\\n

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

\\n

The Pound has gained 1,235% over the last 2 months.

\\n\",\"\\n

Dollar/Yen holds at 150.46

\\n

(Last update 9:11pm EST, February 22, 2024)

\\n

\\n

Dollar/Yen falls to 150.46, following mixed behavior today as it ranges between 150 and 150.69.

\\n

Dollar/Yen's upper Bollinger band at 151.66, indicating a further downward move might be next. Despite this, Dollar/Yen might start to recover soon because it is getting close to its support line— now only 32 pips away at 150.13. Dipping below could be an indication that further losses are ahead.

\\n

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

\\n

Dollar/Yen gained 4.63% so far this year (2022).

\\n\",\"\\n

Steady Dollar-Swiss holds at 0.8803

\\n

(Last update 9:11pm EST, February 22, 2024)

\\n

\\n

Light green, mostly flat: Dollar-Swiss ranging between 0.8821 and 0.8742 and is now at 0.8803.

\\n

Although Dollar-Swiss is green today and was as high as 0.8821, it seems to be slowing down slightly and moving away from the 0.8836 resistance line, and is now 32 pips below it.

\\n

Dollar-Swiss gained 124.12% so far this year (2022).

\\n\",\"\\n

Aussie-Dollar climbs to 0.6572 up 10 pips

\\n

(Last update 9:11pm EST, February 22, 2024)

\\n

\\n

The Australian dollar posts light gains on a low-volatility day, ranging between 0.6597 and 0.6538 and is now at 0.6572.

\\n

Aussie-Dollar could be slowing down soon; it is getting close to the resistance line and is now at 0.6588, only 15 pips away. Crossing the resistance line could, however, suggest that further gains are ahead. Even though Aussie-Dollar is up today, it is worth noting that earlier it dropped below 200 day Simple Moving Average and was trading at 0.6557, a possible sign that a negative trend is ahead. A slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at 0.6584 – a high enough level to usually suggest Aussie-Dollar is trading above its value. 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 Australian dollar.

\\n

The year 2022 has not been the best for Aussie-Dollar, it lost 84.82% of its value.

\\n\\n\"],\"title\":\"Financial Markets Review\",\"date\":\"2024-02-23T02:11:16\"}"; var omg_ads = JSON.parse(decodeHtml(omg_ads_string)); } catch (e) { var omg_ads = JSON.parse(omg_ads_string); }