\\n
\\n\",\"\\n(Last update 9:31pm EST, February 2, 2022)
\\n\\nYesterday at a glance: Mark Zuckerberg's company went up to $323, gaining 1.25% and closing at $319. The trading volume was 51.14 million, which is above the daily average of 20.88 million.
\\nFacebook reported mixed earnings results yesterday, with EPS at 3.67 and revenues at $33.67 billion, compared to a consensus of 3.85 Earnings Per Share and $33.34 billion revenue.
\\nA study of Facebook's chart pattern shows the nearest resistance level is at $346.22. In terms of trend indicators, we can see 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.
\\nOverall, looking at the technical analysis landscape, it seems Facebook might continue pointing upwards in the short term.
\\nFacebook has a market cap of $898.51 billion the social media company has lost 7.34% this year. So far, it has been outperforming the Nasdaq by 2.53%.
\\n\\n
\\n\\n\\n\\n\",\"\\nFacebook miss sends social media stocks into after-hours tailspin https://t.co/FRvPS40AyC pic.twitter.com/FdKNzj29Dd
\\n— Reuters (@Reuters) February 3, 2022
(Last update 9:31pm EST, February 2, 2022)
\\n\\nYesterday at a glance: the tech and retail multifaceted giant slid down from $3,024 to $3,012.25, taking a 0.38% loss yesterday. The trading volume was 3.92 million, which is above the daily average of 3.69 million.
\\nAmazon is scheduled to announce earnings results today. The consensus EPS estimate is 3.71 and the consensus revenue estimate is $137.75 billion.
\\nA study of Amazon's graph shows key levels to watch: Amazon's nearest support level is at $2,777.45. In terms of trend indicators, we can see that even though currently pointing down, earlier the 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.
\\nOverall, looking at the technical analysis landscape, it seems Amazon might start pointing upward in the short term.
\\nAmazon is currently trading with a market cap of $1.53 trillion Jeff Bezos’s company has lost 12.11% this year. So far, it has been under-performing the Nasdaq by 2.24%.
\\n\\n
\\n\\n\\n\\n\",\"\\nGoogle, trailing behind rivals Amazon and Microsoft in the cloud market, is working to improve the reliability of its infrastructure https://t.co/4a7X7vMf9j
\\n— Businessweek (@BW) February 3, 2022
(Last update 9:26pm EST, February 2, 2022)
\\n\\nYesterday at a glance: after ending Tuesday at $308.76, Microsoft spiked to $315.12 yesterday, dropped back to starting point range, and rallied again to $313.46. The trading volume was 36.64 million which was slightly under the daily average of 45.55 million.
\\nMicrosoft's graph levels to watch: Microsoft could be slowing down soon; it is getting close to the resistance line and is now at $319.91, only $6.45 away. Crossing the resistance line could, however, suggest that further gains are ahead. In terms of trend indicators, we can see that the MACD line is significantly above the MACD signal line, meaning the medium-term trend might turn negative.
\\nOverall, looking at the technical analysis landscape, it seems Microsoft is likely to reverse course and start pointing down in the short term.
\\nMicrosoft has a market cap of $2.35 trillion the software giant decreased by 7.15% this year. So far, it has been outperforming the Nasdaq by 2.72%.
\\n\\n
\\n\\n\\n\\n\",\"\\nGoogle, trailing behind rivals Amazon and Microsoft in the cloud market, is working to improve the reliability of its infrastructure https://t.co/4a7X7vMf9j
\\n— Businessweek (@BW) February 3, 2022
(Last update 9:26pm EST, February 2, 2022)
\\n\\nAfter closing Tuesday at $2,757.57, Google reached a record high of $3,042 yesterday. Later, it lost $81.27 and closed at $2,960.73.
\\nGoogle released its quarterly earnings report Tuesday, beating analysts estimates. The company reported earnings of 30.69 per share on revenue of $75.33 billion, topping estimates of 27.78 per share on revenue of $72.19 billion. Since the release of its earnings report, Google gained 9.09%.
\\nGoogle's graph levels to watch: Google's nearest support level is at $2,534.71. 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 Google has just crossed the upper Bollinger band at $2,915.73, indicating further gains might be next.
\\nOverall, looking at the technical analysis landscape, it seems Google might continue pointing upwards in the short term.
\\nGoogle has a market cap of $1.96 trillion the leading search engine company decreased by 6.37% this year. So far, it has been outperforming the Nasdaq by 3.5%.
\\n\\n
\\n\\n\\n\\n\",\"\\nGoogle, trailing behind rivals Amazon and Microsoft in the cloud market, is working to improve the reliability of its infrastructure https://t.co/4a7X7vMf9j
\\n— Businessweek (@BW) February 3, 2022
(Last update 9:26pm EST, February 2, 2022)
\\n\\nYesterday at a glance: the trendy electric cars company remained in the $905.66 range, after closing Tuesday at $931.25 and dropping by 2.75% yesterday. The trading volume was 22 million which was slightly under the daily average of 31.15 million.
\\nTesla is currently trading with a market cap of $909.52 billion the trendy electric cars company has lost 22.03% this year. So far, it has been under-performing the Nasdaq by 12.16%.
\\n\\n
\\n\\n\\n\\n\",\"\\nU.S. safety regulator reviews Tesla driver complaints over false braking https://t.co/HjOqIzWE5G pic.twitter.com/lhPgKunXUl
\\n— Reuters (@Reuters) February 3, 2022
(Last update 9:26pm EST, February 2, 2022)
\\n\\nYesterday at a glance: the video communications platform provider remained in the $148.11 range, after closing Tuesday at $155.68 and dropping by 4.86% yesterday. The trading volume was slightly below the latest 21 day average volume at 3 million (74.45% of average).
\\nA chart visual study suggests although Zoom is down today and was as low as $146.58, it seems to be recovering slightly and climbing away from the $136.81 support line and is now $11.3 above it.
\\nOverall, looking at the technical analysis landscape, it seems Zoom might start pointing upward in the short term.
\\nZoom is currently trading with a market cap of $44.14 billion the video communications platform provider has lost 16.15% this year. So far, it has been under-performing the Nasdaq by 6.28%.
\\n\",\"\\n(Last update 9:26pm EST, February 2, 2022)
\\n\\nYesterday at a glance: the streaming company slid down from $457.13 to $429.48, taking a 6.05% loss yesterday. The trading volume was 13.83 million, which is above the daily average of 12.27 million.
\\nA study of Netflix's graph shows key levels to watch: Netflix's nearest support level is at $359.7. In terms of trend indicators, we can see that even though currently pointing down, earlier the 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.
\\nOverall, looking at the technical analysis landscape, it seems Netflix might start pointing upward in the short term.
\\nNetflix is currently trading with a market cap of $190.67 billion the streaming company has gone down 27.13% this year. So far, it has been under-performing the Nasdaq by 17.26%.
\\n\",\"\\n(Last update 10:01pm EST, February 2, 2022)
\\n\\nYesterday at a glance: after ending Tuesday at $140.91, Walmart went up to $141.64 only to drop back to its starting point and close at $140.85. The trading volume was 6 million which was slightly below the daily average of 8 million.
\\nA study of Walmart's graph shows key levels to watch: Walmart might start to recover soon because it is getting close to its support line— now only $2.1 away at $138.75. Dipping below could be an indication that further losses are ahead.
\\nOverall, looking at the technical analysis landscape, it seems Walmart might start pointing upward in the short term.
\\nWalmart is currently trading with a market cap of $390.70 billion the warehouse stores chain company has lost 3.32% this year. So far, it has been under-performing the Dow Jones by 0.62%.
\\n\",\"\\n(Last update 10:01pm EST, February 2, 2022)
\\n\\nYesterday at a glance: the consumer goods corporation went up to $162.6, gaining 1.79% and closing at $159.74. The trading volume was 6.97 million, which is below the daily average of 9.36 million.
\\nA chart visual study suggests Procter & Gamble could be slowing down soon; it is getting close to the resistance line and is now at $164.21, only $1.61 away. Crossing the resistance line could, however, suggest that further gains are ahead. Asset volatility analysis shows that a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at $164.34 – a high enough level to usually suggest Procter & Gamble is trading above its value.
\\nOverall, looking at the technical analysis landscape, it seems Procter & Gamble is likely to reverse course and start pointing down in the short term.
\\nProcter & Gamble has a market cap of $389.76 billion the consumer goods company decreased by 1.51% this year. So far, it has been outperforming the Dow by 1.19%.
\\n\",\"\\n(Last update 10:01pm EST, February 2, 2022)
\\n\\nYesterday at a glance: the entertainment giant recovered some, but not quite all the way back to $144.49 after dipping down to $141.38 yesterday. The trading volume was lower than the latest 21 day average volume at 8 million (63.76% of average).
\\nWalt Disney is scheduled to announce earnings results Wednesday. The consensus Earnings Per Share estimate is 0.7422 and the consensus revenue estimate is $20.36 billion.
\\nA chart visual study suggests the resistance level is at $146.47, followed by $153.34.
\\nWalt Disney has a market cap of $259.64 billion the entertainment and content production company has lost 8.71% this year. So far, it has been under-performing the Dow Jones by 6%.
\\n\",\"\\n(Last update 10:01pm EST, February 2, 2022)
\\n\\nYesterday at a glance: after ending Tuesday at $60.56, Coca-Cola spiked to $61.27 yesterday, dropped back to starting point range, and rallied again to $61.18. The trading volume was 18.96 million, which is below the daily average of 19.94 million.
\\nCoca-Cola trades at $61.18 ahead of quarterly performance report which is scheduled to be released Thursday.
\\nChart pattern study shows Coca-Cola could be slowing down soon as it approaches resistance at $61.39. Of course, crossing it might suggest further gains are ahead. Asset volatility analysis shows that a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at $61.51 – a high enough level to usually suggest Coca-Cola is trading above its value. Japanese Candlestick formations detected today show that "bearish harami”, whenever it appears on top of a bullish overall trend, some traders would consider this as an indication of a trend reversal.
\\nOverall, looking at the technical analysis landscape, it seems Coca-Cola is likely to reverse course and start pointing down in the short term.
\\nCoca-Cola is currently trading with a market cap of $264.26 billion the soft drinks giant gained 2.91% so far this year. So far, it has been outperforming the Dow by 5.61%.
\\n\\n
\\n\\n\\n\\n\",\"\\nCoca-Cola grabbed more of the Olympics sponsorship pie before the 2022 Winter Games in China. In the U.S., its expanded involvement is easy to miss. https://t.co/UBpWjVNOwX
\\n— The Wall Street Journal (@WSJ) February 2, 2022
(Last update 10:01pm EST, February 2, 2022)
\\n\\nYesterday at a glance: after ending Tuesday at $53.07, Pfizer went up to $54.13 only to drop back, yet still traded well overall and closed at $53.86 yesterday. The trading volume was 31.99 million which was slightly under the daily average of 37.26 million.
\\nPfizer trades at $53.86 ahead of quarterly performance report which is scheduled to be released Tuesday.
\\nChart pattern study shows the nearest resistance level is at $61.25.
\\nPfizer has a market cap of $302.31 billion the pharmaceuticals and biotechnology company has lost 6.94% this year. So far, it has been under-performing the Dow by 4.24%.
\\n\\n
\\n\\n\\n\\n\",\"\\nPfizer and BioNTech asked the U.S. Food and Drug Administration to authorize their jointly-developed Covid-19 shot for children under five, the companies announced Tuesday, paving the way for the first vaccine roll out among young children to begin in a matter of weeks. pic.twitter.com/iyuqJW8Pac
\\n— Forbes (@Forbes) February 2, 2022
(Last update 9:51pm EST, February 2, 2022)
\\n\\nYesterday at a glance: the fast food giant went up to $262.28, gaining 1.27% and closing at $259. Trading volume (2.21 million) was slightly under the latest 21 day average volume by 70.73%.
\\nA study of McDonald's's chart pattern shows the nearest resistance level is at $269.69.
\\nMcDonald's has a market cap of $195.99 billion the fast food company has lost 3.41% this year. So far, it has been under-performing the Dow Jones by 0.71%.
\\n\",\"\\n(Last update 9:51pm EST, February 2, 2022)
\\n\\nA mostly flat day so far for Bitcoin, ranging between $37,021 and $36,845, currently at $36,955.
\\nAs the day gets underway a chart visual study suggests Bitcoin might start to recover soon because it is getting close to its support line— now only $1,895 away at $35,060. Dipping below could be an indication that further losses are ahead. In terms of trend indicators, we can see that at $36,900, Bitcoin made an initial breakout above 10 day Simple Moving Average, an indication of a positive trend.
\\nOverall, looking at the technical analysis landscape, it seems Bitcoin might start pointing upward in the short term.
\\nBitcoin has a market cap of 700.20 billion Bitcoin has decreased 20.07% this year.
\\n\\n
\\n\\n\\n\\n\",\"\\nBitcoin evangelist Michael Saylor says clear crypto regulations would speed institutional adoption https://t.co/3oZ5uKQBTb
\\n— CNBC (@CNBC) February 2, 2022
(Last update 9:51pm EST, February 2, 2022)
\\n\\nGold falls to $1,807 per ounce, following mixed behavior today as it ranges between $1,806.5 and $1,809.5.
\\nAs the day gets underway a chart visual study suggests Gold might start to recover soon because it is getting close to its support line— now only $16 away at $1,791. Dipping below could be an indication that further losses are ahead. Asset volatility analysis shows that a slight indication of recovery comes from looking at the Bollinger bands: the lower band is at $1,783.38, a low enough level to (usually) suggest that CME Gold is trading below its value.
\\nOverall, looking at the technical analysis landscape, it seems U.S. Gold —which is currently on a downtrend— might reverse course and start pointing upward in the short term.
\\nChicago Gold has gone up 0.35% this year.
\\n\",\"\\n(Last update 9:51pm EST, February 2, 2022)
\\n\\nCLUSD is sliding down from $88.33 to $88.11 per barrel, taking a 21.9 cents loss (0.25%) today.
\\nAs the day gets underway a chart visual study suggests U.S. Oil might start to recover soon because it is getting close to its support line— now only $1.55 away at $86.56. Dipping below could be an indication that further losses are ahead. In terms of trend indicators, we can see that 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. According to momentum evaluation, the Relative Strength Index indicates CLUSD is in an overbought condition. Asset volatility analysis shows that Chicago Oil's upper Bollinger band is at $90.82, indicating a downward move might be next.
\\nOverall, while CME Oil has been on an uptrend, technical indicators suggest that it has no obvious direction for the immediate future.
\\nOil increased this year, gaining 15.75%.
\\n\\n
\\n\\n\\n\\n\",\"\\nThe pandemic depressed energy prices in 2020, even sending the U.S. benchmark oil price below zero for the first time ever. But prices have snapped back faster than many analysts had expected. Our @ckrausss explores why: https://t.co/r06QsgLKVx
\\n— NYT Business (@nytimesbusiness) February 3, 2022
(Last update 9:51pm EST, February 2, 2022)
\\n\\nThe Euro drops from 1.1306 to 1.13, losing 5 pips (0.05%) today.
\\nAs the day gets underway a chart visual study suggests the nearest support level is at 1.1138.
\\nEuro/Dollar is having a rough year so far losing 0.55%.
\\n\",\"\\n(Last update 10:12pm EST, February 2, 2022)
\\n\\nGBP/USD slides down from 1.3576 to 1.3557 today, losing 19 pips (0.14%).
\\nAs the day gets underway a chart visual study suggests the Pound's immediate support is around 1.3547, its resistance level is at 1.3711.
\\nPound/Dollar has gone up 0.4% this year.
\\n\",\"\\n(Last update 10:12pm EST, February 2, 2022)
\\n\\nDollar/Yen posts light gains on a low-volatility day, ranging between 114.48 and 114.33 and is now at 114.44.
\\nAs the day gets underway a chart visual study suggests the nearest resistance level is at 116.13. Asset volatility analysis shows that Dollar/Yen's upper Bollinger band is at 115.54, this is a slight indication of a slowdown.
\\nOverall, looking at the technical analysis landscape, it seems Dollar/Yen is likely to reverse course and start pointing down in the short term.
\\nDollar/Yen has decreased 0.54% this year.
\\n\\n
\\n\\n\\n\\n\",\"\\nEXCLUSIVE IMF staff cut critical coal language from Japan statement -document https://t.co/C7eR0mKXWI pic.twitter.com/trL7Fwe4hT
\\n— Reuters (@Reuters) February 3, 2022
(Last update 10:12pm EST, February 2, 2022)
\\n\\nDollar/Swiss trades at 0.9194 after gaining 8 pips (0.09%).
\\nAs the day gets underway a chart visual study suggests the nearest resistance level is at 0.9309. In terms of trend indicators, we can see that at 0.9195, Dollar/Swiss made an initial breakout above 200 day Simple Moving Average, an indication of a positive trend. Even though currently pointing up, earlier the 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.
\\nOverall, the technical analysis picture suggests Dollar/Swiss is neutral for the immediate future, with no clear-cut direction.
\\nDollar/Swiss increased this year, gaining 0.79%.
\\n\",\"\\n(Last update 10:12pm EST, February 2, 2022)
\\n\\nThe Australian dollar recovering almost all the way back to 0.7138 today, after dipping down to 0.7116.
\\nAs the day gets underway a chart visual study suggests the nearest support level is at 0.6967, while the closest resistance is at 0.7282.
\\nThe Australian dollar is having a rough year so far losing 1.64%.
\\n\\n\"],\"title\":\"Financial Markets Review – 2 February 2022 – 22:12:08\",\"date\":\"2022-02-03T03:12:08\"}"; var omg_ads = JSON.parse(decodeHtml(omg_ads_string)); } catch (e) { var omg_ads = JSON.parse(omg_ads_string); }