\\n
\\n\",\"\\n(Last update 9:51pm EST, May 8, 2022)
\\n\\nFriday at a glance: Facebook dropped to $203.77 (from $208.28) — a 2.17% loss Friday. The trading volume was 34.75 million which is below the daily average of 36.70 million.
\\nA chart visual study suggests the nearest support level is at $174.95, while the closest resistance is at $233.89. Trend indicators show us that although down today, it's worth noting that in earlier trading Facebook peaked above the $208.31 50 day Simple Moving Average, usually an indication that a positive move might be approaching.
\\nTechnical analysis shows that Facebook (currently on a downtrend) might reverse course and start going up in the short term.
\\nThe company's market cap is $551.47 billion the social media company has hit is lowest yearly rate ($174.95) 12 days ago, since then it has recovered 19.05%. So far in 2022, it has been doing worse than the Nasdaq by 9.35%.
\\n\\n
\\n\\n\\n\\n\",\"\\nLike youngsters, investors consider Facebook unfashionable, too https://t.co/s1MyXTBOnR
\\n— The Economist (@TheEconomist) May 8, 2022
(Last update 9:51pm EST, May 8, 2022)
\\n\\nA quick look at Friday: Amazon ranged between $2,380 and $2,261.62, but settled at $2,295.45. Trading volume (6.21 million) was higher than the last 21 day average by 145.75%.
\\nAmazon's graph levels to watch: the nearest support level is at $2,244.72, to be followed by $2,194. 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. According to momentum evaluation, the Relative Strength Index indicates Amazon is in an oversold condition, allowing for more gains.
\\nOverall, looking at the technical analysis landscape, it seems Amazon is likely to continue pointing down in the short term.
\\nThe company has a market cap of $1.17 trillion hitting its yearly low ($2,295.45) 3 days ago, Jeff Bezos’s company has bounced back 1.42% since. So far in 2022, it has been doing worse than the Nasdaq by 2.4%.
\\n\\n
\\n\\n\\n\\n\",\"\\nMany of the fired managers were responsible for carrying out Amazon’s response to the unionization effort, @kyweise and @noamscheiber report. https://t.co/wPrOe8IJGU
\\n— NYT Business (@nytimesbusiness) May 8, 2022
(Last update 9:41pm EST, May 8, 2022)
\\n\\nA quick look at Friday: Microsoft dropped to $274.73 (from $277.35) — a 0.94% loss Friday. Trading volume (37.78 million) was slightly greater than the latest 21 day volume average by 116.25%.
\\nA study of Microsoft's chart pattern shows Microsoft's immediate support is now around $270.92; its resistance level is at $315.41. Trend indicators show us 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. 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 $270.67, a low enough level to, generally, suggest that Microsoft is trading below its value.
\\nOverall, looking at the technical analysis landscape, it seems that although indicators are mixed and some are pointing in different directions further drawbacks may be next for Microsoft.
\\nThe company's market cap is $2 trillion the year 2022 has not been the best for the software giant, it lost 17.79% of its value. So far in 2022, it has been outperforming the Nasdaq by 12.15%.
\\n\\n
\\n\\n\\n\\n\",\"\\nICYMI: Arcadia Earth in New York City is the first immersive environmental art exhibit to use Microsoft HoloLens's augmented reality headset to spread awareness about the impacts of climate change https://t.co/TgTgHXITY1 pic.twitter.com/ganhdHXlLD
\\n— Reuters (@Reuters) May 8, 2022
(Last update 9:41pm EST, May 8, 2022)
\\n\\nFriday at a glance: Google dropped to $2,313.2 (from $2,335) — a 0.93% loss Friday. Google passed the daily average (1.53 million) with a volume of 1.72 million.
\\nGoogle's graph levels to watch: Google's immediate support is around $2,280.72, its resistance level is at $2,873.
\\nThe company's market cap is $1.52 trillion the leading search engine company has lost 16.62% over the last 2 months. The Nasdaq has been doing worse in 2022, it has been passing it by 9.82%.
\\n\\n
\\n\\n\\n\\n\",\"\\nUrgent Google Android Update As 36 Security Issues Confirmed—One Already Under Attackhttps://t.co/kvA96REXo1 pic.twitter.com/D0AFkpEDfP
\\n— Forbes (@Forbes) May 7, 2022
(Last update 9:41pm EST, May 8, 2022)
\\n\\nA quick look at Friday: light red but with no clear-cut direction, the trendy electric cars company closed the session at $865.65 after ranging between $887.89 and $843.11. The trading volume was 24.30 million — slightly under the daily average of 25.27 million.
\\nImportant graph levels to look out for: the nearest support level is at $843.21, to be followed by $820.76. According to asset volatility analysis, Bollinger bands shows an indication of recovery: the lower band is at $823.5, a low enough level to, generally, suggest that Tesla is trading below its value.
\\nTechnical analysis indicates that Tesla (currently on a downtrend) might reverse course and start pointing upward in the short term.
\\nThe company has a market cap of $896.82 billion the year 2022 has not been the best for Elon Musk's electric cars company, it lost 27.67% of its value. So far in 2022 it has been beating the Nasdaq by 2.27%.
\\n\",\"\\n(Last update 9:41pm EST, May 8, 2022)
\\n\\nFriday at a glance: the video communications platform provider remained in the $96.38 range after closing Thursday at $100.84 and dropping 4.42% as it reached the end Friday's session. Trading volume (4.64 million) was slightly greater than the last 21 day average by 122.67%.
\\nVisual analysis of Zoom's price graph shows Zoom's nearest support level is at $92.92, followed by $89.45 at the next level. 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. 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 $93.46, a low enough level to, generally, suggest that Zoom is trading below its value.
\\nIn general, examining the technical analysis landscape, although indicators are mixed further drawbacks may be next for Zoom.
\\nZoom's market cap currently stands at $28.83 billion the video communications platform provider is now trading 74.86% below its yearly high ($401.12) that it held 10 months ago. So far in 2022, it has been doing worse than the Nasdaq by 16.63%.
\\n\",\"\\n(Last update 9:41pm EST, May 8, 2022)
\\n\\nFriday at a glance: the streaming company remained in the $180.97 range after closing Thursday at $188.32 and dropping 3.9% as it reached the end Friday's session. Trading volume (17.19 million) was slightly under the latest 21 day average volume by 80.28%.
\\nNetflix chart analysis: Netflix's immediate support is now around $175.45; its resistance level is at $391.82. According to momentum evaluation, the Relative Strength Index indicates Netflix is in an oversold condition, allowing for more gains.
\\nOverall, looking at the technical analysis landscape, it seems Netflix is likely to start pointing downward in the short term.
\\nNetflix has a market cap of $80.40 billion the year 2022 has not been the best for the streaming company, it lost 68.86% of its value. So far in 2022, it has been under-performing the Nasdaq by 38.92%.
\\n\",\"\\n(Last update 9:21pm EST, May 8, 2022)
\\n\\nFriday at a glance: the warehouse stores chain company went dark red after losing 2.08%, tumbling down to $149.56. Passing the daily average of 6.89 million, Walmart traded at 11.42 million Friday.
\\nWalmart's graph levels to watch: Walmart's immediate support is now around $147.24; its resistance level is at $159.87. In terms of trend indicators, we can see that at $148.86, Walmart 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 $149.35, a low enough level to, generally, suggest that Walmart is trading below its value.
\\nOverall, looking at the technical analysis landscape, it seems that although indicators are mixed and some are pointing in different directions further drawbacks may be next for Walmart.
\\nThe company's market cap is $411.71 billion the warehouse stores chain company is now trading 4.46% below its yearly high ($159.87) that it held 18 days ago. The Dow Jones has been doing worse in 2022, it has been passing it by 14.49%.
\\n\",\"\\n(Last update 9:21pm EST, May 8, 2022)
\\n\\nFriday at a glance: Procter & Gamble recovered from the previous trading session's losses and went up to $156 Friday after it traded lower at $153.87. The trading volume was 7.30 million — slightly under the daily average of 7.77 million.
\\nA chart visual study suggests the nearest resistance level is at $163.65. Trend indicators show us that at $155.15, Procter & Gamble made an initial breakout above 50 day Simple Moving Average, an indication of a positive trend. Asset volatility analysis shows that Procter & Gamble's lower Bollinger band is at $154.12, 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.
\\nOverall, looking at the technical analysis landscape, it seems Procter & Gamble likely to continue pointing upward in the short term.
\\nProcter & Gamble is currently trading with a market cap of $374.29 billion 4 months ago the consumer goods company has hit its yearly high point of $164.21, since than it lost 5.94%. So far in 2022, it has been outperforming the Dow Jones by 6.89%.
\\n\",\"\\n(Last update 9:21pm EST, May 8, 2022)
\\n\\nFriday at a glance: the entertainment giant remained in the $110.29 range, after closing Thursday at $112.61 and dropping by 2.06% Friday. The trading volume was 12.53 million — slightly under the daily average of 13.88 million.
\\nWalt Disney is scheduled to announce earnings results Wednesday. The consensus Earnings Per Share estimate is 1.19 and the consensus revenue estimate is $20 billion.
\\nImportant graph levels to look out for: Walt Disney's immediate support is now around $108.36; its resistance level is at $142.38. According to momentum evaluation, the Relative Strength Index indicates Walt Disney is in an oversold condition, allowing for more gains.
\\nOverall, looking at the technical analysis landscape, it seems Walt Disney is likely to continue pointing down in the short term.
\\nThe company has a market cap of $200.80 billion the entertainment giant is up 2.1% on its yearly low ($110.29) that i hit 3 days ago. So far in 2022, it has been doing worse than the Dow Jones by 18.04%.
\\n\",\"\\n(Last update 9:21pm EST, May 8, 2022)
\\n\\nA quick look at Friday: after dipping down to $64.07, Coca-Cola regained earlier losses, closing higher at $64.74. The trading volume was 18.98 million, which is above the daily average of 17.52 million.
\\nAn analysis of Coca-Cola's chart suggests although Coca-Cola is green today and was as high as $65.31, it seems to be slowing down slightly and moving away from the $66.21 resistance line, and is now $1.47 below it. In terms of trend indicators, we can see that at $64.8, Coca-Cola made an initial breakout above 21 day Simple Moving Average, an indication of a positive trend.
\\nOverall, while Coca-Cola has been on an uptrend, technical indicators suggest that it has no obvious direction for the immediate future.
\\nCoca-Cola's market cap currently stands at $280.65 billion 18 days ago the soft drinks giant has hit its yearly high point of $66.21, since than it lost 2.57%. So far in 2022, it has been outperforming the Dow Jones by 20.38%.
\\n\\n
\\n\\n\\n\\n\",\"\\n“Trying to catch up on pricing in a recessionary environment is very hard,” James Quincey, CEO of Coca-Cola, said on the company’s earnings call last week. “And so we have a bias to action.” https://t.co/vJbycXIlxM
\\n— Forbes (@Forbes) May 8, 2022
(Last update 9:21pm EST, May 8, 2022)
\\n\\nFriday at a glance: the pharmaceuticals and biotechnology company went up to $49.04, gaining 1.22%. The trading volume was 19.89 million — slightly under the daily average of 24.29 million.
\\nPfizer released its quarterly earnings report Tuesday, 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. Since the release of its earnings report, Pfizer gained 1.45%.
\\nPfizer chart analysis: the closest resistance level is at $50.94, followed by $55.17. In terms of trend indicators, we can see that at $49.12, Pfizer made an initial breakout above 10 day Simple Moving Average, an indication of a positive trend.
\\nExamining the technical analysis landscape, Pfizer might continue its downtrend in the short term.
\\nThe company's market cap is $276.97 billion 4 months ago the pharmaceuticals and biotechnology company has hit its yearly high point of $61.25, since than it lost 20.9%. So far in 2022, it has been doing worse than the Dow Jones by 2.4%.
\\n\\n
\\n\\n\\n\\n\",\"\\nThailand may start rolling out its first locally-developed Covid-vaccine that deploys the same technology used by Pfizer by the end of this year https://t.co/T5tqMLkhd4
\\n— Bloomberg (@business) May 8, 2022
(Last update 9:41pm EST, May 8, 2022)
\\n\\nFriday at a glance: after dipping down to $247.7, McDonald's regained earlier losses and reaches $250.78. The trading volume was 2.96 million, which is above the daily average of 2.61 million.
\\nMcDonald's chart analysis: although McDonald's is green today and was as high as $252.45, it seems to be slowing down slightly and moving away from the $255.85 resistance line, and is now $5.07 below it. In terms of trend indicators, we can see that at $251.11, McDonald's made an initial breakout above 21 day Simple Moving Average, an indication of a positive trend.
\\nOverall, the technical analysis picture suggests McDonald's is neutral for the immediate future, with no clear-cut direction.
\\nThe company's market cap is $185.46 billion the fast food giant is up 12.13% on its yearly low ($222) that i hit a month ago. So far in 2022, it has performed better than the Dow Jones by 4.5%.
\\n\",\"\\n(Last update 9:41pm EST, May 8, 2022)
\\n\\nA mostly flat day so far for Bitcoin, ranging between $34,200 and $34,040, currently at $34,173.
\\nAs the day gets underway a chart visual study suggests Bitcoin's resistance level is now at $37,800. 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, Bitcoin shows signs that a downward move might be next, as it crossed the lower Bollinger band at $34,500.
\\nOverall, technical indicators suggest Bitcoin has no obvious direction for the immediate future.
\\nBitcoin has a market cap of 650.46 billion Bitcoin is now trading 49.64% below its yearly high ($67,600) that it held 5 months ago.
\\n\\n
\\n\\n\\n\\n\",\"\\nIn a choppy weekend for crypto, Bitcoin slipped below a key level while the UST algorithmic stablecoin faced intense selling pressure https://t.co/HagPTnuSSw
\\n— Bloomberg (@business) May 9, 2022
(Last update 9:41pm EST, May 8, 2022)
\\n\\nChicago Gold is down to $1,877.8 per ounce, after ending Friday at $1,882.8. Overall, a 0.27% loss or $5 today.
\\nCME Gold is now trading 8.53% below its yearly high ($2,058.3) that it held 2 months ago.
\\n\",\"\\n(Last update 9:41pm EST, May 8, 2022)
\\n\\nU.S. Oil is up to $109.06 per barrel today, which makes for a move of 1.2%/$1.29.
\\nTrend 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. Asset volatility analysis shows that a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at $111.14 – a high enough level to usually suggest CME Oil is trading above its value.
\\nAll in all, while U.S. Oil has been going up, technical indicators suggest flatness for the immediate future.
\\nChicago Oil is now trading 13.63% below its yearly high ($124.77) that it held 2 months ago.
\\n\\n
\\n\\n\\n\\n\",\"\\nChina is worried about jobs, banning Russian oil and markets in a bear hug. Here’s what you need to know today. https://t.co/97rDEqoprg
\\n— Bloomberg Markets (@markets) May 9, 2022
(Last update 9:41pm EST, May 8, 2022)
\\n\\nEuro/Dollar is sliding down from 1.0542 to 1.0515, taking a 27 pips loss (0.26%) today.
\\nAs the day gets underway a chart visual study suggests Euro/Dollar might start to recover soon because it is getting close to its support line— now only 17 pips away at 1.05. Dipping below could be an indication that further losses are ahead.
\\nTechnical analysis shows that the Euro (currently on a downtrend) might reverse course and start going up in the short term.
\\nEuro/Dollar has lost 7.67% over the last 2 months.
\\n\",\"\\n(Last update 10:11pm EST, May 8, 2022)
\\n\\nGBP/USD dropped 40 pips to 1.2296, reaching its lowest point in 1 year.
\\nAs the day gets underway a chart visual study suggests the resistance level is at 1.2456, followed by 1.2626. 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 the British Pound is in an oversold condition, allowing for more gains.
\\nOverall, looking at the technical analysis landscape, it seems the Pound is likely to continue pointing down in the short term.
\\nPound/Dollar has lost 8.81% over the last 2 months.
\\n\",\"\\n(Last update 10:11pm EST, May 8, 2022)
\\n\\nAfter ending Friday at 130.88, Dollar/Yen gains 33 pips and hits a new record high of 130.96 today.
\\nAs the day gets underway a chart visual study suggests Dollar/Yen broke through the 130.88 resistance and climbed 1 pips above it. 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. Asset volatility analysis shows that a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at 131.55 – a high enough level to usually suggest Dollar/Yen is trading above its value.
\\nAll in all, while Dollar/Yen has been going up, technical indicators suggest flatness for the immediate future.
\\nDollar/Yen has gained 13.05% over the last 2 months.
\\n\\n
\\n\\n\\n\\n\",\"\\nFor Japan's hard-hit airlines, demand for Hawaii flights offers glimmer of hope https://t.co/NyZ8uoFhem pic.twitter.com/SFfzIOy68B
\\n— Reuters (@Reuters) May 9, 2022
(Last update 10:11pm EST, May 8, 2022)
\\n\\nWhile Friday ended at 0.9877, today, Dollar/Swiss rallied above 0.991 for the first time in 2 years and gained 29 pips — now trading at 0.9906.
\\nAs the day gets underway a chart visual study suggests Dollar/Swiss's nearest support level is at 0.923. 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. Momentum evaluation shows that the Relative Strength Index indicates Dollar/Swiss is in a strong overbought condition. In contrast, a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at 0.9953 – a high enough level to usually suggest Dollar/Swiss is trading above its value.
\\nOverall, looking at the technical analysis landscape, it seems Dollar/Swiss likely to continue pointing upward in the short term.
\\nDollar/Swiss has gained 6.78% over the last 2 months.
\\n\",\"\\n(Last update 10:11pm EST, May 8, 2022)
\\n\\nAussie/Dollar remains in the 0.7024 range after dropping 44 pips at the start of the session.
\\nAs the day gets underway a chart visual study suggests Aussie/Dollar fell below the 0.7033 support zone and receded 8 pips away from it.
\\nOverall, looking at the technical analysis landscape, it seems the Australian dollar is likely to continue pointing down in the short term.
\\nThe Australian dollar is now trading 10% below its yearly high (0.7856) that it held 11 months ago.
\\n\\n\"],\"title\":\"Financial Markets Review – 8 May 2022 – 22:11:30\",\"date\":\"2022-05-09T02:11:30\"}"; var omg_ads = JSON.parse(decodeHtml(omg_ads_string)); } catch (e) { var omg_ads = JSON.parse(omg_ads_string); }