\\n

\\n\",\"\\n

Facebook went up by 0.43%, ended today at $212.03

\\n

(Last update 5:51pm EST, May 3, 2022)

\\n

\\n

A quick look at today: Facebook closed at $212.03 today after ranging between $214.9 and $208.09. The trading volume was 41.46 million, which is above the daily average of 34.19 million.

\\n

Facebook 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 17.18%.

\\n

Important graph levels to look out for: the nearest resistance level is at $233.89. 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.

\\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 $573.82 billion hitting its yearly low ($174.95) 6 days ago, the social media company has bounced back 20.68% since. So far in 2022, it has been under-performing the Nasdaq by 11.34%.

\\n

\\n
\\n

User reports indicate Facebook is having problems since 3:44 PM EDT. https://t.co/8wgYQLKxCu RT if you're also having problems #Facebookdown

\\n

— Downdetector (@downdetector) May 3, 2022

\\n

\\n

\\n\",\"\\n

Amazon parks at $2,485

\\n

(Last update 5:51pm EST, May 3, 2022)

\\n

\\n

Today at a glance: Amazon traded steadily today, ranging between $2,524.41 and $2,456.62 and closed at $2,485. The trading volume was 3.86 million; slightly above the daily average of 3.77 million.

\\n

The 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 10.07%

\\n

An analysis of Amazon's chart suggests Amazon's resistance level is 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. Momentum evaluation shows that the Relative Strength Index indicates Amazon is in an oversold condition, allowing for more gains. Despite this, Amazon's lower Bollinger band is at $2,497, indicating a positive move might be next.

\\n

Overall, looking at all the technical indicators, it seems Amazon might be pointing down in the short term.

\\n

Amazon is currently trading with a market cap of $1.26 trillion the year 2022 has not been the best for the tech and retail multifaceted giant, it lost 26.94% of its value. So far in 2022, it has been under-performing the Nasdaq by 0.64%.

\\n

\\n
\\n

Amazon France pay deal rejected by unions on last day of talks https://t.co/funXc3wohV pic.twitter.com/qy2e4dznVg

\\n

— Reuters (@Reuters) May 3, 2022

\\n

\\n

\\n\",\"\\n

Microsoft dropped by 0.95% and closed the session at $281.78

\\n

(Last update 5:56pm EST, May 3, 2022)

\\n

\\n

Today at a glance: Microsoft dropped to $281.78 (from $284.47) — a 0.95% loss today. The trading volume was 23.18 million which was slightly below the daily average of 31.42 million.

\\n

Microsoft's graph levels to watch: Microsoft's immediate support is around $278.84, its resistance level is at $315.41. In terms of trend indicators, we can see that at $281.23, Microsoft made an initial breakout below the 10 day Simple Moving Average, an indication of a negative trend.

\\n

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

\\n

Microsoft has a market cap of $2.11 trillion the year 2022 has not been the best for the iconic OS developer, it lost 15% of its value. So far in 2022 it has been beating the Nasdaq by 11.28%.

\\n

\\n
\\n

Paid Program with Microsoft: Poor data practices can lead to fines, reputational damage and disaster for companies. But prioritizing privacy can be a real opportunity.https://t.co/0KNiUC1auz

\\n

— WSJ Custom Content (@WSJCustom) May 3, 2022

\\n

\\n

\\n\",\"\\n

Today Google went up and closed at $2,362.59

\\n

(Last update 5:56pm EST, May 3, 2022)

\\n

\\n

Today at a glance: Google closed at $2,362.59 today after ranging between $2,385.43 and $2,333. The trading volume was slightly under the latest 21 day average volume at 1 million (71.4% of average).

\\n

Chart pattern study shows the nearest resistance level is at $2,873. Trend indicators show us that at $2,344.25, Google made an initial breakout above 5 day Simple Moving Average, an indication of a positive trend.

\\n

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

\\n

Google's market cap currently stands at $1.55 trillion the leading search engine company has lost 20.86% over the last 2 months. The Nasdaq has been doing worse in 2022, it has been passing it by 7.06%.

\\n

\\n
\\n

Google faces internal battle over research on AI to speed chip design https://t.co/2o3quDoCTs pic.twitter.com/NAz34vrf0W

\\n

— Reuters (@Reuters) May 3, 2022

\\n

\\n

\\n\",\"\\n

Today Tesla increased by 0.7%, ended the session at $909.25

\\n

(Last update 5:56pm EST, May 3, 2022)

\\n

\\n

Today at a glance: Tesla closed at $909.25 today after ranging between $924.08 and $888.59. The trading volume was 21 million — below the daily average of 25.12 million.

\\n

Important graph levels to look out for: the nearest resistance level is at $1,145.45. In terms of trend indicators, we can see that at $905.48, Tesla made an initial breakout above 200 day Simple Moving Average, an indication of a positive trend.

\\n

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

\\n

Tesla's market cap currently stands at $941.99 billion the year 2022 has not been the best for the trendy electric cars company, it lost 24.74% of its value. The Nasdaq has been doing worse in 2022, it has been passing it by 1.56%.

\\n\",\"\\n

Zoom ended the session at $103.53 (-1.2%)

\\n

(Last update 5:56pm EST, May 3, 2022)

\\n

\\n

Today at a glance: the video communications platform provider slid down from $104.79 to $103.53, taking a 1.2% loss today. The trading volume was 2.10 million — under the daily average of 3.90 million.

\\n

Important graph levels to look out for: next closest resistance is at $126.26, while the nearest support level is at $94.64. Trend indicators show us 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.

\\n

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

\\n

Zoom is currently trading with a market cap of $30.97 billion the video communications platform provider is now trading 73.88% below its yearly high ($401.12) that it held 9 months ago. So far in 2022, it has been doing worse than the Nasdaq by 16.83%.

\\n\",\"\\n

Steady Netflix holds at $199.87

\\n

(Last update 5:56pm EST, May 3, 2022)

\\n

\\n

A quick look at today: Netflix traded steadily today, ranging between $203.2 and $194.77 and closed at $199.87. The trading volume was 11.78 million — under the daily average of 19.76 million.

\\n

A study of Netflix's chart pattern shows Netflix's resistance level is now at $391.82. In terms of trend indicators, we can see that at $196.45, Netflix made an initial breakout below the 3 day Simple Moving Average, an indication of a negative trend. According to momentum evaluation, the Relative Strength Index indicates Netflix is in an oversold condition, allowing for more gains.

\\n

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

\\n

The company's market cap is $88.80 billion the year 2022 has not been the best for the streaming company, it lost 66.61% of its value. So far in 2022, it has been under-performing the Nasdaq by 40.31%.

\\n\",\"\\n

Today Walmart went up and closed at $152.51

\\n

(Last update 6:01pm EST, May 3, 2022)

\\n

\\n

A quick look at today: after closing today at $151.98, the warehouse stores chain company went up to $154.28 only to drop some of the way and close at $152.51. The trading volume was slightly under the latest 21 day average volume at 5.50 million (79.62% of average).

\\n

Trend indicators show us that at $154.14, Walmart made an initial breakout above 5 day Simple Moving Average, an indication of a positive trend. Asset volatility analysis shows that Walmart's lower Bollinger band is at $151.63, indicating further gains 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.

\\n

Even though Walmart went up today, technical analysis indicates that Walmart might continue its recent downtrend in the short term.

\\n

Walmart has a market cap of $419.83 billion 12 days ago the discount department and warehouse stores chain has hit its yearly high point of $159.87, since than it lost 4.94%. So far in 2022 it has been beating the Dow Jones by 15.73%.

\\n

\\n
\\n

Major companies from Walmart to American Airlines have largely stayed silent as the leaked Supreme Court abortion draft sparks outrage. @lauren_feiner and I looked at what corporations are (and are not) saying so far:https://t.co/HZeZyFSANT

\\n

— Melissa Repko (@melissa_repko) May 3, 2022

\\n

\\n

\\n\",\"\\n

Procter & Gamble ended the session at $156.21 (-1.37%)

\\n

(Last update 6:01pm EST, May 3, 2022)

\\n

\\n

A quick look at today: the consumer goods corporation remained in the $156.21 range, after closing yesterday at $158.38 and dropping by 1.37% today. Slightly above the daily average volume of 7.53 million, Procter & Gamble traded with 9.81 million today.

\\n

Visual analysis of Procter & Gamble's price graph shows Procter & Gamble is hovering around the $157.06 immediate support line. 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 Bollinger bands shows an indication of recovery: the lower band is at $155.7, a low enough level to, generally, suggest that Procter & Gamble is trading below its value.

\\n

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

\\n

Procter & Gamble is currently trading with a market cap of $374.79 billion the consumer goods corporation is now trading 19.96% above its yearly low ($159) that it has slumped into 10 months ago. The Dow has been doing worse in 2022, it has been passing it by 7.89%.

\\n\",\"\\n

Walt Disney holds at $113.55

\\n

(Last update 6:01pm EST, May 3, 2022)

\\n

\\n

Today at a glance: Walt Disney traded steadily today, ranging between $114.82 and $112.7 and closed at $113.55. The trading volume was 11.12 million — below the daily average of 13.44 million.

\\n

Walt Disney's graph levels to watch: Walt Disney's resistance level is at $142.38. Trend indicators show us that at $114.28, Walt Disney made an initial breakout below the 5 day Simple Moving Average, an indication of a negative trend. According to momentum evaluation, the Relative Strength Index indicates Walt Disney is in an oversold condition, allowing for more gains.

\\n

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

\\n

Walt Disney's market cap is currently $206.73 billion 4 days ago the entertainment giant has hit its twelve month low point of $111.63, since than it recovered back 1.68%. So far in 2022, it has been doing worse than the Dow Jones by 16.94%.

\\n\",\"\\n

Coca-Cola lost 0.57% today, closed at $63.08

\\n

(Last update 6:01pm EST, May 3, 2022)

\\n

\\n

A quick look at today: Coca-Cola dropped to $63.08 (from $63.44) — a 0.57% loss today. Beating the daily average of 16.56 million, Coca-Cola traded at 20 million today.

\\n

Coca-Cola chart analysis: Coca-Cola's immediate support is now around $62.25; its resistance level is at $66.21. 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. Analysis based on the asset volatility indicates that Bollinger bands shows an indication of recovery: the lower band is at $62.76, a low enough level to, generally, suggest that Coca-Cola is trading below its value.

\\n

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

\\n

Coca-Cola's market cap currently stands at $273.45 billion 12 days ago the soft drinks giant has hit its yearly high point of $66.21, since than it lost 4.18%. So far in 2022, it has performed better than the Dow by 17.64%.

\\n\",\"\\n

Pfizer rallies 1.97%, closes at $49.29 after earnings report outperforms expectations

\\n

(Last update 6:01pm EST, May 3, 2022)

\\n

\\n

A quick look at today: after finishing yesterday at $48.34, the pharmaceuticals and biotechnology company went up by 1.97% today and remained at the $49.29 level. The trading volume was 30.84 million, which is above the daily average of 23.79 million.

\\n

Pfizer released its quarterly earnings today, beating analysts estimates. The company reported earnings of 1.62 per share on revenue of $25.66 billion, topping estimates of 1.52 per share on revenue of $24.1 billion.

\\n

Pfizer's graph levels to watch: the nearest resistance level is at $55.17. In terms of trend indicators, we can see that at $49.37, Pfizer made an initial breakout above 200 day Simple Moving Average, an indication of a positive trend.

\\n

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

\\n

Pfizer has a market cap of $278.38 billion 4 months ago the pharmaceuticals and biotechnology company has hit its yearly high point of $61.25, since than it lost 21.08%. So far in 2022, it has been under-performing the Dow Jones by 4%.

\\n

\\n
\\n

Paxlovid prescriptions to treat Covid increased tenfold in U.S. since late February, Pfizer says https://t.co/9xrdmZJEA8

\\n

— CNBC (@CNBC) May 3, 2022

\\n

\\n

\\n\",\"\\n

McDonald's ended the session at $245.87 (-0.31%)

\\n

(Last update 5:56pm EST, May 3, 2022)

\\n

\\n

A quick look at today: the fast food giant​ recovered some, but not quite all the way back to $246.64​ after dipping down to $242.28​ today. Trading volume (2.36 million) was slightly under the latest 21 day average volume by 90.86%.

\\n

McDonald'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.

\\n

A study of McDonald's's graph shows key levels to watch: McDonald's's immediate support is now around $242.08; its resistance level is at $249.17. In terms of trend indicators, we can see that at $243.67, McDonald's made an initial breakout below the 50 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. Despite this, Bollinger bands shows an indication of recovery: the lower band is at $245.4, a low enough level to, generally, suggest that McDonald's is trading below its value.

\\n

In general, examining the technical analysis landscape, although indicators are mixed further drawbacks may be next for McDonald's.

\\n

McDonald's's market cap currently stands at $181.85 billion the fast food company is now trading 11.1% above its yearly low ($247.84) that it has slumped into a month ago. So far in 2022, it has been outperforming the Dow by 2.49%.

\\n\",\"\\n

Bitcoin ended the previous session at $38,500, currently trades at $37,816

\\n

(Last update 5:56pm EST, May 3, 2022)

\\n

\\n

Bitcoin drops from $38,500 to $37,816, losing $683.53 (1.78%) today.

\\n

As the day reaches an end a chart visual study suggests the resistance level is at $39,629, followed by $41,577. Trend indicators show us that although down today, it's worth noting that in earlier trading Bitcoin peaked above the $38,631 5 day Simple Moving Average, usually an indication that a positive move might be approaching. Asset volatility analysis shows that Bollinger bands shows an indication of recovery: the lower band is at $37,464, a low enough level to, generally, suggest that Bitcoin is trading below its value. 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 – although indicators are mixed and some are pointing in different directions it seems Bitcoin might reverse course and start pointing upward in the short term.

\\n

Bitcoin is currently trading with a market cap of 719.64 billion Bitcoin is now trading 43.04% below its yearly high ($67,600) that it held 5 months ago.

\\n

\\n
\\n

Bitcoin tests recent swing low levelshttps://t.co/zkxkQqJPPX

\\n

— ForexLive (@ForexLive) May 3, 2022

\\n

\\n

\\n\",\"\\n

Gold rebounds $18.6 from a 2 months low

\\n

(Last update 5:56pm EST, May 3, 2022)

\\n

\\n

CME Gold dropped to $1,849.7, hitting its lowest point in 2 months. Later, it recovered $18.6 and is now trading at $1,868.3.

\\n

As the day reaches an end a chart visual study suggests Chicago Gold's immediate support is now around $1,859.8; its resistance level is at $1,919.2. 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. Analysis based on the asset volatility indicates that Bollinger bands shows an indication of recovery: the lower band is at $1,859.77, a low enough level to, generally, suggest that U.S. Gold is trading below its value.

\\n

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

\\n

Chicago Gold is now trading 9.12% below its yearly high ($2,058.3) that it held a month ago.

\\n

\\n
\\n

Lizzo brought her gold flute to the #MetGala red carpet, eliciting cheers from fans watching the parade of fashion on Monday night. https://t.co/DaILVeOtrw pic.twitter.com/thSQ9BtPPm

\\n

— AP Entertainment (@APEntertainment) May 3, 2022

\\n

\\n

\\n\",\"\\n

Chicago Oil is down by 1.43%, trading at $103.83 per barrel

\\n

(Last update 5:56pm EST, May 3, 2022)

\\n

\\n

Late into the session, CME Oil loses $1.51 (1.43%), currently trading at $103.83 per barrel.

\\n

As the day reaches an end a chart visual study suggests next closest resistance is at $114.35, while the nearest support level is at $95.18. Trend indicators show us that at $103.78, CME Oil 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 Chicago Oil is likely to continue pointing down in the short term.

\\n

Oil is now trading 15.57% below its yearly high ($124.77) that it held a month ago.

\\n

\\n
\\n

Devon Energy, one of the biggest oil explorers in the Permian Basin, is getting into the sand business to combat rising costs https://t.co/428LNSRJGT

\\n

— Bloomberg (@business) May 3, 2022

\\n

\\n

\\n\",\"\\n

The Euro hovers around 1.0523

\\n

(Last update 5:56pm EST, May 3, 2022)

\\n

\\n

After closing the previous trading day at 1.0522, the Euro went up to 1.0523 only to drop back; still positive overall today, now trading at 1.0523.

\\n

As the day reaches an end a chart visual study suggests the Euro's nearest resistance level is at 1.0981, followed by 1.1157 at the next level. In terms of trend indicators, we can see that at 1.053, the Euro 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. According to momentum evaluation, the Relative Strength Index indicates Euro/Dollar is in an oversold condition, allowing for more gains. Analysis based on the asset volatility indicates that Euro/Dollar's lower Bollinger band is at 1.0451, indicating further gains might be next.

\\n

All in all, the technical analysis suggests Euro/Dollar has no clear-cut direction.

\\n

Euro/Dollar has lost 7% over the last 2 months.

\\n\",\"\\n

The Pound parks at 1.2497

\\n

(Last update 6:11pm EST, May 3, 2022)

\\n

\\n

GBP/USD falls to 1.2497, following mixed behavior today as it ranges between 1.2487 and 1.2507.

\\n

As 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 40 pips away at 1.2456. Dipping below could be an indication that further losses are ahead. In terms of trend indicators, we can see that although down today, it's worth noting that in earlier trading the Pound peaked above the 1.2529 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. According to momentum evaluation, the Relative Strength Index indicates Pound/Dollar is in an oversold condition, allowing for more gains.

\\n

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

\\n

The British Pound has lost 7.96% over the last 2 months.

\\n\",\"\\n

Stable day for Dollar/Yen, parking at 130.11

\\n

(Last update 6:11pm EST, May 3, 2022)

\\n

\\n

Light red, mostly flat: Dollar/Yen is ranging between 130.15 and 130.1 and is now at 130.11.

\\n

As 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 103 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 129.84, Dollar/Yen made an initial breakout below the 5 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 131.29, indicating a further downward move might be next.

\\n

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

\\n

Dollar/Yen has gained 13.77% over the last 2 months.

\\n\",\"\\n

Dollar/Swiss hits 0.9793, highest rate in 1 year

\\n

(Last update 6:11pm EST, May 3, 2022)

\\n

\\n

While yesterday ended at 0.9782, today, Dollar/Swiss rallied above 0.9793 for the first time in 1 year and gained 6 pips — now trading at 0.9788.

\\n

As the day reaches an end a chart visual study suggests Dollar/Swiss's nearest support level is at 0.923. In terms of trend indicators, we can see that even though Dollar/Swiss is up today, it is worth noting that earlier it dropped below 5 day Simple Moving Average and was trading at 0.9729, a possible sign 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 0.984, this is a slight indication of a slowdown.

\\n

Overall, while Dollar/Swiss has been on an uptrend, technical indicators suggest that it has no obvious direction for the immediate future.

\\n

Dollar/Swiss has gained 0.1% over the last a day.

\\n\",\"\\n

The Australian dollar hovers around 0.71

\\n

(Last update 6:11pm EST, May 3, 2022)

\\n

\\n

Aussie/Dollar posts light gains on a low-volatility day, ranging between 0.71 and 0.7095 and is now at 0.71.

\\n

As 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 0.7127, the Australian dollar made an initial breakout above 10 day Simple Moving Average, an indication of a positive trend.

\\n

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

\\n

Aussie/Dollar is now trading 9.68% below its yearly high (0.7856) that it held 11 months ago.

\\n\\n\"],\"title\":\"Financial Markets Review – 3 May 2022 – 18:11:25\",\"date\":\"2022-05-03T22:11:25\"}"; var omg_ads = JSON.parse(decodeHtml(omg_ads_string)); } catch (e) { var omg_ads = JSON.parse(omg_ads_string); }