\\n
\\n\",\"\\n(Last update 4:31pm EST, May 2, 2022)
\\n\\nToday at a glance: after ending Friday at $200.47, Facebook spiked to $211.88 today, dropped back to starting point range, and rallied again to $211.13. Above the daily average of 32.98 million, Facebook traded with a volume of 49.46 million today.
\\nFacebook reported earnings results Wednesday, with EPS at 2.72 and revenues at $27.91 billion; these results are mixed when compared to a consensus of 2.56 Earnings Per Share and $28.32 billion revenue. Since the release of its earnings report, Facebook gained 16.68%.
\\nA study of Facebook's graph shows key levels to watch: the nearest resistance level is at $233.89. Trend indicators show us that at $207.5, Facebook made an initial breakout above 50 day Simple Moving Average, an indication of a positive trend.
\\nExamining the technical analysis landscape, Facebook might continue its downtrend in the short term.
\\nThe company's market cap is $571.39 billion the social media company is now trading 14.59% above its yearly low ($211.88) that it has slumped into 5 days ago. So far in 2022, it has been under-performing the Nasdaq by 12.42%.
\\n\\n
\\n\\n\\n\\n\",\"\\nFacebook is pulling out of podcasts and plans to remove them altogether from the social-media service starting June 3 https://t.co/WLEiakAtPK
\\n— Bloomberg (@business) May 2, 2022
(Last update 4:31pm EST, May 2, 2022)
\\n\\nAfter ending today at $2,490, Jeff Bezos’s company dropped $4.37 to $2,367.5, reaching its lowest point in 1 year.
\\nThe company reported earnings of -7.56 per share Thursday, falling short of expectations of 8.37. Revenue was also lower than expected at $116.44 billion versus $116.46 billion. Since the release of its earnings report, Amazon lost 9.89%
\\nVisual analysis of Amazon's price graph shows Amazon's resistance level is now at $3,386.3. 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 momentum evaluation, the Relative Strength Index indicates Amazon is in an oversold condition, allowing for more gains. On the other hand, note that Amazon's lower Bollinger band is at $2,562.28, indicating a positive move might be next.
\\nOverall, looking at all the technical indicators, it seems Amazon might be pointing down in the short term.
\\nAmazon has a market cap of $1.27 trillion the year 2022 has not been the best for Jeff Bezos’s company, it lost 27.07% of its value. So far in 2022, it has been outperforming the Nasdaq by 1.29%.
\\n\\n
\\n\\n\\n\\n\",\"\\nAmazon workers at a facility in New York voted not to join an upstart union only weeks after the group won a resounding victory at a warehouse across the street https://t.co/nqpKbxrZN0 pic.twitter.com/Cx35aBcFcX
\\n— Bloomberg Quicktake (@Quicktake) May 2, 2022
(Last update 4:26pm EST, May 2, 2022)
\\n\\nA quick look at today: Friday closed at $277.52 for Microsoft; today it jumped to $284.86, slid back to starting point range, yet ended the day $284.47. The trading volume was 34 million, which is above the daily average of 31 million.
\\nMicrosoft released its quarterly earnings report Tuesday, beating analysts estimates. The company reported earnings of 2.22 per share on revenue of $49.36 billion, topping estimates of 2.19 per share on revenue of $49 billion. Since the release of its earnings report, Microsoft gained 1.34%.
\\nImportant graph levels to look out for: the nearest resistance level is at $315.41. Trend indicators show us that at $280.83, Microsoft made an initial breakout above 10 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.
\\nExamining the technical analysis landscape, Microsoft might continue its downtrend in the short term.
\\nMicrosoft's market cap is currently $2.13 trillion the year 2022 has not been the best for the software giant, it lost 17.1% of its value. So far in 2022 it has been beating the Nasdaq by 11.26%.
\\n\",\"\\n(Last update 4:26pm EST, May 2, 2022)
\\n\\nA quick look at today: after ending Friday at $2,299.33, Google spiked to $2,346.79 today, dropped back to starting point range, and rallied again to $2,343. Beating the daily average of 1.40 million, Google traded at 1.49 million today.
\\nThe company reported earnings of 24.62 per share Tuesday, falling short of expectations of 25.75. Revenue was also lower than expected at $68 billion versus $68 billion. Google lost 4.94% since the release of its earnings report.
\\nAn analysis of Google's chart suggests the nearest resistance level is at $2,873. In terms of trend indicators, we can see that at $2,329.32, Google 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.
\\nOverall, the technical analysis picture suggests Google is neutral for the immediate future, with no clear-cut direction.
\\nGoogle's market cap currently stands at $1.54 trillion the leading search engine company has lost 16.62% over the last 2 months. So far in 2022, it has performed better than the Nasdaq by 7.61%.
\\n\\n
\\n\\n\\n\\n\",\"\\nElon Musk criticizes Twitter’s executive compensation. Here’s how it compares to rivals Meta, Snap and Alphabet: https://t.co/JCQHqoRnIH by @skleb1234 pic.twitter.com/FFgukr5DXK
\\n— Forbes (@Forbes) May 2, 2022
(Last update 4:26pm EST, May 2, 2022)
\\n\\nA quick look at today: light green, mostly flat: Tesla ranged between $906.36 and $848.5 and closed at $902.94. The trading volume was 24.69 million, around the average daily.
\\nTesla chart analysis: the nearest resistance level is at $1,145.45. In terms of trend indicators, we can see that at $900.84, Tesla made an initial breakout above 5 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.
\\nAll in all, the technical analysis suggests Tesla has no clear-cut direction.
\\nTesla has a market cap of $935.45 billion the year 2022 has not been the best for the trendy electric cars company, it lost 27.42% of its value. The Nasdaq has been doing worse in 2022, it has been passing it by 0.94%.
\\n\",\"\\n(Last update 4:26pm EST, May 2, 2022)
\\n\\nToday at a glance: the video communications platform provider went up to $104.79, gaining 5.24%. The trading volume was slightly below the latest 21 day average volume at 3 million (79.55% of average).
\\nVisual analysis of Zoom's price graph shows the nearest resistance level is at $126.26. In terms of trend indicators, we can see that at $102.23, Zoom 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 Zoom might continue pointing upwards in the short term.
\\nThe company has a market cap of $31.35 billion 9 months ago the video communications platform provider has hit its yearly high point of $401.12, since than it lost 75.18%. So far in 2022, it has been under-performing the Nasdaq by 17.6%.
\\n\",\"\\n(Last update 4:26pm EST, May 2, 2022)
\\n\\nA quick look at today: Netflix closed at $199.46 today after ranging between $200.21 and $190. The trading volume was 14.20 million which was slightly below the daily average of 19.29 million.
\\nAn analysis of Netflix's chart suggests the nearest resistance level is at $391.82. In terms of trend indicators, we can see that at $197.35, Netflix made an initial breakout above 5 day Simple Moving Average, an indication of a positive trend. Momentum evaluation shows that the Relative Strength Index indicates Netflix is in an oversold condition, allowing for more gains.
\\nOverall, the technical analysis picture suggests Netflix is neutral for the immediate future, with no clear-cut direction.
\\nThe company's market cap is $88.61 billion the year 2022 has not been the best for the streaming company, it lost 68.13% of its value. So far in 2022, it has been doing worse than the Nasdaq by 39.77%.
\\n\",\"\\n(Last update 5:01pm EST, May 2, 2022)
\\n\\nA quick look at today: Walmart dropped to $151.98 (from $153) — a 0.66% loss today. The trading volume was 6.58 million — slightly under the daily average of 6.92 million.
\\nImportant graph levels to look out for: the nearest support level is at $145.78, followed by $141.95. The resistance level is at $157.41, followed by $159.87. 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, Bollinger bands shows an indication of recovery: the lower band is at $151.39, a low enough level to, generally, suggest that Walmart is trading below its value.
\\nOverall, the technical analysis picture suggests Walmart is neutral for the immediate future, with no clear-cut direction.
\\nThe company's market cap is $418.37 billion 11 days ago the discount department and warehouse stores chain has hit its yearly high point of $159.87, since than it lost 4.3%. The Dow Jones has been doing worse in 2022, it has been passing it by 16.71%.
\\n\",\"\\n(Last update 5:01pm EST, May 2, 2022)
\\n\\nToday at a glance: the consumer goods corporation remained in the $158.38 range, after closing Friday at $160.55 and dropping by 1.35% today. Trading volume (9.98 million) was above the latest 21 day volume average by 134.78%.
\\nA study of Procter & Gamble's chart pattern shows Procter & Gamble's nearest support level is at $143.22. Trend indicators show us that at $159.25, Procter & Gamble made an initial breakout below the 21 day Simple Moving Average, an indication of a negative trend.
\\nOverall, looking at the technical analysis landscape, it seems Procter & Gamble is likely to start pointing downward in the short term.
\\nProcter & Gamble's market cap is currently $380 billion the consumer goods corporation has gained 12.56% over the last 5 months. So far in 2022, it has performed better than the Dow Jones by 9.5%.
\\n\",\"\\n(Last update 5:01pm EST, May 2, 2022)
\\n\\nToday at a glance: Walt Disney recovered from the previous trading session's losses and went up to $113.5 today after it traded lower at $111. The trading volume was 13.70 million; higher than the daily average of 13.27 million.
\\nA chart visual study suggests the nearest resistance level is at $142.38. 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. Momentum evaluation shows that the Relative Strength Index indicates Walt Disney is in an oversold condition, allowing for more gains.
\\nWalt Disney is likely to reverse course and start pointing downward in the short term.
\\nThe company has a market cap of $206.64 billion the year 2022 has not been the best for the entertainment giant, it lost 28.79% of its value. So far in 2022, it has been doing worse than the Dow Jones by 17.85%.
\\n\",\"\\n(Last update 5:01pm EST, May 2, 2022)
\\n\\nToday at a glance: the soft drink company remained in the $63.44 range, after closing Friday at $64.61 and dropping by 1.81% today. Passing the daily average of 15.97 million, Coca-Cola traded at 23.95 million today.
\\nChart pattern study shows the nearest support level is at $57.88. Trend indicators show us that at $64.56, Coca-Cola made an initial breakout below the 21 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 $62.61, a low enough level to, generally, suggest that Coca-Cola is trading below its value.
\\nOverall, the technical analysis picture suggests Coca-Cola is neutral for the immediate future, with no clear-cut direction.
\\nThe company's market cap is $275 billion 11 days ago the soft drinks giant has hit its yearly high point of $66.21, since than it lost 2.42%. So far in 2022, it has been outperforming the Dow by 19.89%.
\\n\\n
\\n\\n\\n\\n\",\"\\nCoca-Cola, Kraft Heinz and P&G are among those consumer-staples companies that reported stronger-than-expected earnings and saw their shares rise in April https://t.co/t7rG54ynFc
\\n— WSJ Markets (@WSJmarkets) May 2, 2022
(Last update 5:01pm EST, May 2, 2022)
\\n\\nToday at a glance: the pharmaceuticals and biotechnology company dropped 1.49% early on and stayed at the $48.34 range. Passing the daily average of 23.43 million, Pfizer traded at 29.23 million today.
\\nPfizer is scheduled to announce earnings results tomorrow. The consensus Earnings Per Share estimate is 1.52 and the consensus revenue estimate is $24.1 billion.
\\nImportant graph levels to look out for: Pfizer's immediate support is now around $48.13; its resistance level is at $55.17. 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.
\\nOverall, looking at the technical analysis landscape, it seems Pfizer is likely to start pointing downward in the short term.
\\nPfizer's market cap is currently $273 billion the pharmaceuticals and biotechnology company is now trading 19.89% below its yearly high ($61.25) that it held 4 months ago. So far in 2022, it has been under-performing the Dow Jones by 2.44%.
\\n\\n
\\n\\n\\n\\n\",\"\\nPfizer fell in early trading after Paxlovid, its pill for treating Covid-19, failed to show benefit as a preventive therapy in a trial https://t.co/DhyWcWKNhe
\\n— Bloomberg (@business) May 2, 2022
(Last update 4:16pm EST, May 2, 2022)
\\n\\nA quick look at today: McDonald's shed 1%, falling to $246.64. The trading volume was 3.33 million, which is slightly greater than the daily average of 2.56 million.
\\nMcDonald's was down, even though its quarterly earnings released on Thursday beat the analysts’ estimates. The reported earnings of 2.28 per share on revenue of $5.67 billion, topping estimates of 2.17 per share on revenue of $5.57 billion.
\\nTrend indicators show us that at $247.85, McDonald's made an initial breakout below the 200 day Simple Moving Average, an indication of a negative 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. In contrast, Bollinger bands shows an indication of recovery: the lower band is at $245.92, a low enough level to, generally, suggest that McDonald's is trading below its value.
\\nIn general, examining the technical analysis landscape, although indicators are mixed further drawbacks may be next for McDonald's.
\\nThe company has a market cap of $182.42 billion the fast food giant has hit is lowest yearly rate ($222) a month ago, since then it has recovered 12.23%. So far in 2022, it has been outperforming the Dow Jones by 3.71%.
\\n\",\"\\n(Last update 4:16pm EST, May 2, 2022)
\\n\\nBitcoin is trading at $38,500 after closing the previous day at $38,500.
\\nAs the day reaches an end a chart visual study suggests Bitcoin's resistance level is now at $47,466. Trend indicators show us that at $38,900, Bitcoin made an initial breakout above 5 day Simple Moving Average, an indication of a positive trend. According to asset volatility analysis, Bitcoin's lower Bollinger band is at $37,754, indicating a positive move might be next. 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.
\\nOverall, looking at the technical analysis landscape, it seems Bitcoin might be pointing upward in the short term.
\\nBitcoin is currently trading with a market cap of 732.36 billion Bitcoin is now trading 43.05% below its yearly high ($67,600) that it held 5 months ago.
\\n\\n
\\n\\n\\n\\n\",\"\\nGoldman Sachs offers its first ever lending facility backed by Bitcoin https://t.co/MlEcdDu4xu
\\n— Bloomberg Wealth (@wealth) May 2, 2022
(Last update 4:16pm EST, May 2, 2022)
\\n\\nChicago Gold drops by 2.57% and is now trading at $1,862.6, its largest single-day drop since November 2021.
\\nAs the day reaches an end a chart visual study suggests the resistance level is at $1,918.4, followed by $1,982. In terms of trend indicators, we can see that at $1,896.8, CME Gold made an initial breakout below the 5 day Simple Moving Average, an indication of a negative 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. According to asset volatility analysis, U.S. Gold has just crossed the lower Bollinger band at $1,869.54, indicating further loses might be next.
\\nOverall, looking at the technical analysis landscape, it seems CME Gold is likely to continue pointing down in the short term.
\\nCME Gold is now trading 7.12% below its yearly high ($2,058.3) that it held a month ago.
\\n\\n
\\n\\n\\n\\n\",\"\\nGold falls to 10-week low as real yields turn positivehttps://t.co/yhbEX2mohu
\\n— ForexLive (@ForexLive) May 2, 2022
(Last update 4:16pm EST, May 2, 2022)
\\n\\nCME Oil goes up to $105.79 per barrel after dipping down to $100.63 earlier.
\\nAs the day reaches an end a chart visual study suggests the nearest resistance level is at $114.35. Trend indicators show us that although up today, it's worth noting that earlier Chicago Oil dropped below the 50 day Simple Moving Average as it was trading at $103.5, usually an indication that a negative trend is ahead. According to asset volatility analysis, Oil's upper Bollinger band is at $108.68, this is a slight indication of a slowdown. 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.
\\nU.S. Oil is likely to reverse course and start pointing downward in the short term.
\\nU.S. Oil is now trading 16.36% below its yearly high ($124.77) that it held a month ago.
\\n\\n
\\n\\n\\n\\n\",\"\\nPemex saw profits rise to $6 billion, the highest in at least 18 years, as the Mexican state-run oil producer benefited from crude's price rally and stabilizing output https://t.co/gPeWdJYzTq
\\n— Bloomberg Markets (@markets) May 2, 2022
(Last update 4:16pm EST, May 2, 2022)
\\n\\nAs the current session draws to a close, the Euro remains in the 1.0505 range after dropping 0.47%.
\\nAs the day reaches an end a chart visual study suggests the resistance level is at 1.0981, followed by 1.1157. In terms of trend indicators, we can see that although down today, it's worth noting that in earlier trading the Euro peaked above the 1.0555 5 day Simple Moving Average, usually an indication that a positive move might be approaching. 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. Momentum evaluation shows that the Relative Strength Index indicates Euro/Dollar is in an oversold condition, allowing for more gains. According to asset volatility analysis, Bollinger bands shows an indication of recovery: the lower band is at 1.0474, a low enough level to, generally, suggest that the Euro is trading below its value.
\\nOverall, the technical analysis picture suggests the Euro is neutral for the immediate future, with no clear-cut direction.
\\n4 days ago Euro/Dollar has hit its twelve month low point of 1.05, since than it recovered back 0.54%.
\\n\",\"\\n(Last update 5:11pm EST, May 2, 2022)
\\n\\nGBP/USD closed Friday at 1.2493. Today, it went up to 1.2496, only to drop back some of the way and is now trading at 1.2493.
\\nAs the day reaches an end a chart visual study suggests Pound/Dollar might start to recover soon because it is getting close to its support line— now only 37 pips away at 1.2456. Dipping below could be an indication that further losses are ahead. Trend indicators show us that at 1.2576, Pound/Dollar made an initial breakout below the 5 day Simple Moving Average, an indication of a negative 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. Momentum evaluation shows that the Relative Strength Index has gone below 30, going into oversold conditions and allowing more gains. Analysis based on the asset volatility indicates that Bollinger bands shows an indication of recovery: the lower band is at 1.2395, a low enough level to, generally, suggest that the Pound is trading below its value.
\\nAll in all, the technical analysis suggests the Pound has no clear-cut direction.
\\nThe Pound has lost 6.96% over the last 2 months.
\\n\",\"\\n(Last update 5:11pm EST, May 2, 2022)
\\n\\nLight red, mostly flat: Dollar/Yen is ranging between 130.26 and 130.15 and is now at 130.15.
\\nAs the day reaches an end a chart visual study suggests Dollar/Yen might start to recover soon because it is getting close to its support line— now only 107 pips away at 129.08. Dipping below could be an indication that further losses are ahead. In terms of trend indicators, we can see that at 129.65, Dollar/Yen made an initial breakout below the 3 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. Asset volatility analysis shows that Dollar/Yen's upper Bollinger band at 131.27, indicating a further downward move might be next.
\\nOverall, the technical analysis picture suggests Dollar/Yen is neutral for the immediate future, with no clear-cut direction.
\\n4 days ago Dollar/Yen has hit its yearly high point of 130.88, since than it lost 0.54%.
\\n\\n
\\n\\n\\n\\n\",\"\\nJapan PM agrees defence deal with Thailand https://t.co/e7eFXBCdrX pic.twitter.com/af0gNx92oz
\\n— Reuters (@Reuters) May 2, 2022
(Last update 5:11pm EST, May 2, 2022)
\\n\\nWhile Friday ended at 0.978, today, Dollar/Swiss rallied above 0.9782 for the first time in 1 year and gained 1 pips — now trading at 0.9781.
\\nAs the day reaches an end a chart visual study suggests Dollar/Swiss's nearest support level is at 0.923. Trend indicators show us that although up today, it's worth noting that earlier Dollar/Swiss dropped below the 3 day Simple Moving Average as it was trading at 0.9728, usually an indication that a negative trend is 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. According to momentum evaluation, the Relative Strength Index indicates Dollar/Swiss is in a strong overbought condition. Analysis based on the asset volatility indicates that Dollar/Swiss's upper Bollinger band is at 0.9815, this is a slight indication of a slowdown.
\\nOverall, while Dollar/Swiss has been on an uptrend, technical indicators suggest that it has no obvious direction for the immediate future.
\\nDollar/Swiss has gained 0.47% over the last 3 days.
\\n\",\"\\n(Last update 5:11pm EST, May 2, 2022)
\\n\\nAussie/Dollar posts light gains on a low-volatility day, ranging between 0.7052 and 0.705 and is now at 0.7052.
\\nAs the day reaches an end a chart visual study suggests the nearest resistance level is at 0.7581. In terms of trend indicators, we can see that at 0.7067, the Australian dollar made an initial breakout above 3 day Simple Moving Average, an indication of a positive trend. The MACD line is significantly below the MACD signal line, meaning this medium-term trend might turn positive. 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.
\\nOverall, looking at the technical analysis landscape, it seems the Australian dollar likely to continue pointing upward in the short term.
\\nAussie/Dollar has lost 5.97% over the last 5 months.
\\n\\n\"],\"title\":\"Financial Markets Review – 2 May 2022 – 17:11:24\",\"date\":\"2022-05-02T21:11:24\"}"; var omg_ads = JSON.parse(decodeHtml(omg_ads_string)); } catch (e) { var omg_ads = JSON.parse(omg_ads_string); }