\\n

\\n\",\"\\n

Facebook lost 5.12% yesterday, closed at $192.24

\\n

(Last update 4:31am EST, May 19, 2022)

\\n

\\n

A quick look at yesterday: Mark Zuckerberg's company went dark red after losing 5.12%, tumbling down to $192.24. The trading volume was 23.96 million which was lower than the daily average of 40.85 million.

\\n

Facebook's graph levels to watch: next closest resistance is at $223.41, while the nearest support level is at $174.95. Trend indicators show us that at $198.7, Facebook made an initial breakout below the 21 day Simple Moving Average, an indication of a negative trend.

\\n

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

\\n

The company has a market cap of $520.26 billion Mark Zuckerberg's company is up 15.82% on its yearly low ($174.95) that i hit 22 days ago. So far in 2022, it has been doing worse than the Nasdaq by 9.82%.

\\n\",\"\\n

Amazon ended the session at $2,142.25 (-7.16%)

\\n

(Last update 4:31am EST, May 19, 2022)

\\n

\\n

Yesterday at a glance: the tech and retail multifaceted giant dropped 7.16% early on and stayed at the $2,142.25 range. Beating the daily average of 5.24 million, Amazon traded at 5.42 million yesterday.

\\n

Chart pattern study shows Amazon might start to recover soon because it is getting close to its support line— now only $34.81 away at $2,107.44. Dipping below could be an indication that further losses are ahead. In terms of trend indicators, we can see that at $2,206, Amazon made an initial breakout below the 5 day Simple Moving Average, an indication of a negative trend.

\\n

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

\\n

The company has a market cap of $1 trillion hitting its yearly low ($2,107.44) 8 days ago, the tech and retail multifaceted giant has bounced back 9.49% since. So far in 2022, it has been under-performing the Nasdaq by 3.32%.

\\n

\\n
\\n

$AMZN | New York Says Amazon Doesn’t Accommodate Pregnant And Disabled Workers – Verge https://t.co/uyGMgXWQu0

\\n

— LiveSquawk (@LiveSquawk) May 18, 2022

\\n

\\n

\\n\",\"\\n

Microsoft ended the session at $254.08 (-4.55%)

\\n

(Last update 4:26am EST, May 19, 2022)

\\n

\\n

Yesterday at a glance: the software giant remained in the $254.08 range, after closing Tuesday at $266.2 and dropping by 4.55% yesterday. The trading volume was 31.36 million — below the daily average of 37.41 million.

\\n

Important graph levels to look out for: Microsoft's immediate support is now around $250.03; its resistance level is at $266.82. Trend indicators show us that at $261.07, Microsoft made an initial breakout below the 5 day Simple Moving Average, an indication of a negative trend. The MACD line is significantly below the MACD signal line, meaning this medium-term trend might turn positive. 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 $249.09, a low enough level to, generally, suggest that Microsoft is trading below its value.

\\n

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

\\n

The company's market cap is $1.90 trillion the year 2022 has not been the best for the iconic OS developer, it lost 23.26% of its value. The Nasdaq has been doing worse in 2022, it has been passing it by 8.85%.

\\n\",\"\\n

Google lost 3.69% yesterday, closed at $2,248

\\n

(Last update 4:26am EST, May 19, 2022)

\\n

\\n

Yesterday at a glance: the search engine giant dropped 3.69% early on and stayed at the $2,248 range. The trading volume was slightly below the latest 21 day average volume at 1.40 million (81.43% of average).

\\n

Chart pattern study shows Google's immediate support is now around $2,222.61; its resistance level is at $2,451.5. Trend indicators show us that at $2,300.53, Google made an initial breakout below the 5 day Simple Moving Average, an indication of a negative trend. According to asset volatility analysis, Bollinger bands shows an indication of recovery: the lower band is at $2,207, a low enough level to, generally, suggest that Google is trading below its value.

\\n

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

\\n

The company's market cap is $1.48 trillion the search engine giant is now trading 3.83% above its yearly low ($2,314) that it has slumped into a day ago. So far in 2022, it has performed better than the Nasdaq by 10.24%.

\\n

\\n
\\n

Google Russia filed an intention to declare bankruptcy after the seizure of its bank account made it “untenable” to meet its financial obligations https://t.co/AN6DHFz9RG

\\n

— Forbes (@Forbes) May 19, 2022

\\n

\\n

\\n\",\"\\n

Tesla traded at $709.81, down by 6.8% when the session closed

\\n

(Last update 4:26am EST, May 19, 2022)

\\n

\\n

Yesterday at a glance: the trendy electric cars company went dark red after losing 6.8%, tumbling down to $709.81. The trading volume was 28.88 million which is below the daily average of 29.74 million.

\\n

Tesla's graph levels to watch: Tesla's immediate support is around $686.91, its resistance level is at $870.76. In terms of trend indicators, we can see that at $743.51, Tesla 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.

\\n

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

\\n

Tesla is currently trading with a market cap of $735.37 billion the year 2022 has not been the best for Elon Musk's electric cars company, it lost 39.15% of its value. So far in 2022, it has been under-performing the Nasdaq by 7.04%.

\\n\",\"\\n

Zoom ended the session at $84.69 (-6.87%)

\\n

(Last update 4:26am EST, May 19, 2022)

\\n

\\n

A quick look at yesterday: the video communications platform provider went dark red after losing 6.87%, tumbling down to $84.69. The trading volume was 3.85 million — below the daily average of 4.32 million.

\\n

Important graph levels to look out for: the nearest support level is at $82.12. In case Zoom declines below the first line, it might head towards the next support at $79.54. Resistance level is at $94.84, followed by $109 at the next level. Trend indicators show us that at $88.89, Zoom 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. On the other hand, note that Bollinger bands shows an indication of recovery: the lower band is at $81, a low enough level to, generally, suggest that Zoom is trading below its value.

\\n

Overall, 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 Zoom.

\\n

The company has a market cap of $25.34 billion the video communications platform provider has hit is lowest yearly rate ($84.69) a day ago, since then it has recovered 7.38%. So far in 2022, it has been under-performing the Nasdaq by 20.15%.

\\n\",\"\\n

Netflix closed at $177.19 after losing 7% yesterday

\\n

(Last update 4:26am EST, May 19, 2022)

\\n

\\n

Yesterday at a glance: the streaming company went dark red after losing 7%, tumbling down to $177.19. Trading volume (9.55 million) was under the latest 21 day average volume by 39.46%.

\\n

An analysis of Netflix's chart suggests the resistance level is at $188.54, followed by $190.56. In terms of trend indicators, we can see that at $182.94, Netflix 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 Netflix is likely to continue pointing down in the short term.

\\n

Netflix's market cap currently stands at $78.72 billion the year 2022 has not been the best for the streaming heavyweight, it lost 68.8% of its value. So far in 2022, it has been doing worse than the Nasdaq by 36.69%.

\\n\",\"\\n

Walmart jumped 89 cents from a 1 year low and ended session at $122.43

\\n

(Last update 4:51am EST, May 19, 2022)

\\n

\\n

After ending yesterday at $122.43, the discount department and warehouse stores chain dropped $8.92 to $121.54, reaching its lowest point in 1 year.

\\n

Walmart reported mixed earnings results Tuesday, with revenue at $141.57 billion, compared to a consensus of $138.83 billion. Since the release of its earnings report, Walmart lost 17.39%.

\\n

A chart visual study suggests Walmart's immediate support is now around $119.89; its resistance level is at $159.87. 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 Walmart is in strong oversold condition. On the other hand, note that Bollinger bands shows an indication of recovery: the lower band is at $127.88, a low enough level to, generally, suggest that Walmart is trading below its value.

\\n

Overall, 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.

\\n

The company's market cap is $361.58 billion the warehouse stores chain company is now trading 7.29% above its yearly low ($128.26) that it has slumped into a day ago. So far in 2022, it has been doing worse than the Dow by 2.43%.

\\n

\\n
\\n

Walton Family Loses $34 Billion In Two Days, As Walmart Stock Continues Nosedivehttps://t.co/8co8dsWwik pic.twitter.com/k9cpH5licM

\\n

— Forbes (@Forbes) May 18, 2022

\\n

\\n

\\n\",\"\\n

Procter & Gamble closed at $145.04 after suffering its largest single-day drop of $9.64 since March 2020

\\n

(Last update 4:51am EST, May 19, 2022)

\\n

\\n

Procter & Gamble traded at $145.04 after making its biggest single-day drop of $9.64 (6.23%) since March 2020.

\\n

Chart pattern study shows Procter & Gamble's immediate support is around $141.47, its resistance level is at $163.65. In terms of trend indicators, we can see that at $151.42, Procter & Gamble 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. Despite this, Bollinger bands shows an indication of recovery: the lower band is at $146.31, a low enough level to, generally, suggest that Procter & Gamble is trading below its value.

\\n

In general, examining the technical analysis landscape, although indicators are mixed further drawbacks may be next for Procter & Gamble.

\\n

Procter & Gamble's market cap is currently $371.12 billion the consumer goods company has lost 8.76% over the last 2 months. So far in 2022, it has performed better than the Dow Jones by 1.69%.

\\n\",\"\\n

Walt Disney ended the session at $104.3 (-4%)

\\n

(Last update 4:51am EST, May 19, 2022)

\\n

\\n

A quick look at yesterday: the entertainment giant dropped 4% early on and stayed at the $104.3 range. Trading volume (10.99 million) was below the latest 21 day average volume by 63.31%.

\\n

Chart pattern study shows the nearest support level is at $102.9, to be followed by $101.5. In terms of trend indicators, we can see that at $106.13, Walt Disney made an initial breakout below the 5 day Simple Moving Average, an indication of a negative trend.

\\n

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

\\n

The company has a market cap of $189.98 billion the entertainment giant is now trading 4.16% above its yearly low ($107.66) that it has slumped into a day ago. So far in 2022, it has been doing worse than the Dow Jones by 20.52%.

\\n\",\"\\n

Coca-Cola closed at $61.2 after suffering its largest single-day drop of $4.58 since March 2020

\\n

(Last update 4:51am EST, May 19, 2022)

\\n

\\n

Coca-Cola traded at $61.2 after making its biggest single-day drop of $4.58 (6.96%) since March 2020.

\\n

Important graph levels to look out for: the nearest support level is at $59.61, to be followed by $58. In terms of trend indicators, we can see that at $63.13, Coca-Cola 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 $61.79, a low enough level to, generally, suggest that Coca-Cola is trading below its value.

\\n

Overall, 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 Coca-Cola.

\\n

Coca-Cola's market cap currently stands at $265.30 billion the soft drinks giant is now trading 25.77% above its yearly low ($65.51) that it has slumped into 5 months ago. So far in 2022 it has been beating the Dow by 15%.

\\n\",\"\\n

Pfizer ended the session at $50.4 (-1.83%)

\\n

(Last update 4:51am EST, May 19, 2022)

\\n

\\n

A quick look at yesterday: after closing the previous trading day at $51.34 and dropping to $50.16, the pharmaceuticals and biotechnology company closed yesterday at $50.4. Overall, Pfizer lost 1.83% of its value. The trading volume was 21.93 million — below the daily average of 25.64 million.

\\n

Visual analysis of Pfizer's price graph shows the nearest support level is at $48.13, while the closest resistance is at $55.17. Trend indicators show us that at $50.35, Pfizer made an initial breakout below the 5 day Simple Moving Average, an indication of a negative trend. Asset volatility analysis shows that Pfizer's upper Bollinger band at $51.24, indicating a further downward move might be next. Despite this, the CCI indicator is above 100. When the CCI (Commodity Channel Index) is at this level it means the price is above the average price as measured by the indicator, indicating a possible start of a new uptrend.

\\n

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

\\n

Pfizer has a market cap of $282.79 billion the pharmaceuticals and biotechnology company is now trading 16.18% below its yearly high ($61.25) that it held 5 months ago. The Dow Jones has been doing worse in 2022, it has been passing it by 1.19%.

\\n

\\n
\\n

Pfizer disappoints researchers by resisting requests for study supplies of its Covid-19 pill, Paxlovid https://t.co/pFFbmlaUkr

\\n

— Bloomberg (@business) May 18, 2022

\\n

\\n

\\n\",\"\\n

For the first time in 7 weeks, McDonald's trades under the $240 level

\\n

(Last update 4:16am EST, May 19, 2022)

\\n

\\n

McDonald's lost $10.58 and now trades below the $240 level for the first time in 7 weeks.

\\n

A study of McDonald's's graph shows key levels to watch: McDonald's's immediate support is around $227.6, its resistance level is at $245.87. 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. Asset volatility analysis shows that Bollinger bands shows an indication of recovery: the lower band is at $234.09, a low enough level to, generally, suggest that McDonald's is trading below its value.

\\n

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

\\n

McDonald's has a market cap of $170.87 billion the fast food company is now trading 8.84% above its yearly low ($240.05) that it has slumped into 2 months ago. So far in 2022, it has been under-performing the Dow by 1.4%.

\\n\",\"\\n

Bitcoin climbs to $29,137 after closing the previous session at $28,781 (up 1.24% today)

\\n

(Last update 4:16am EST, May 19, 2022)

\\n

\\n

Bitcoin trades at $29,137 after gaining $356.27 (1.24%).

\\n

Chart pattern study shows Bitcoin's nearest resistance level is at $31,346, followed by $37,800 at the next level. According to momentum evaluation, the Relative Strength Index has gone below 30, going into oversold conditions and allowing more gains.

\\n

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

\\n

Bitcoin is currently trading with a market cap of 554.89 billion 6 months ago Bitcoin has hit its yearly high point of $67,600, since than it lost 57.42%.

\\n\",\"\\n

Gold is down $4.7 (0.25%), trading around $1,811.3 per ounce

\\n

(Last update 4:16am EST, May 19, 2022)

\\n

\\n

Chicago Gold is down to $1,811.3 per ounce, after ending yesterday at $1,816. Overall, a 0.25% loss or $4.7 today.

\\n

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 asset volatility analysis, Bollinger bands shows an indication of recovery: the lower band is at $1,791.5, a low enough level to, generally, suggest that Gold is trading below its value.

\\n

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

\\n

Gold is now trading 11.78% below its yearly high ($2,058.3) that it held 2 months ago.

\\n

\\n
\\n

Gold stored at the Bank of England has been trading at an unusually low price, in a sign that central banks may be shedding some of their holdings https://t.co/0F2jpWCLLS

\\n

— Bloomberg (@business) May 19, 2022

\\n

\\n

\\n\",\"\\n

A slow down? After six days of going up, CME Oil is flat today, hovering around $109.62.

\\n

(Last update 4:16am EST, May 19, 2022)

\\n

\\n

Oil trades at $109.62 per barrel, after ending yesterday at $109.56.

\\n

Crude oil gained 53.3% so far this year (2022).

\\n

\\n
\\n

Oil prices recoup early losses on China hopes, global supply fears https://t.co/Pct451HSsg pic.twitter.com/7t6Bsx4ABZ

\\n

— Reuters (@Reuters) May 19, 2022

\\n

\\n

\\n\",\"\\n

Euro/Dollar climbs to 1.0485

\\n

(Last update 4:16am EST, May 19, 2022)

\\n

\\n

Currently light green but with no clear-cut direction, Euro/Dollar is trading at 1.0485 after ranging between 1.0507 and 1.046 today.

\\n

Trend indicators show us that at 1.0485, Euro/Dollar made an initial breakout above 10 day Simple Moving Average, an indication of a positive trend. Analysis based on the asset volatility indicates that Euro/Dollar's lower Bollinger band is at 1.039, indicating further gains might be next. Despite this, although Euro/Dollar is green today and was as high as 1.0507, it seems to be slowing down slightly and moving away from the 1.0614 resistance line, and is now 128 pips below it.

\\n

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

\\n

7 days ago Euro/Dollar has hit its twelve month low point of 1.0382, since than it recovered back 0.79%.

\\n\",\"\\n

The Pound ascends to 1.2387 up 45 pips

\\n

(Last update 5:11am EST, May 19, 2022)

\\n

\\n

The British Pound trades at 1.2387 after gaining 45 pips (0.37%).

\\n

A chart visual study suggests the Pound could be slowing down soon; it is getting close to the resistance line and is now at 1.2491, only 104 pips away. Crossing the resistance line could, however, suggest that further gains are ahead. In terms of trend indicators, we can see that at 1.2355, the Pound made an initial breakout above 3 day Simple Moving Average, an indication of a positive trend.

\\n

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

\\n

7 days ago Pound/Dollar has hit its twelve month low point of 1.22, since than it recovered back 1.17%.

\\n\",\"\\n

Dollar/Yen is trading around 127.9, down by 28 pips (0.23%)

\\n

(Last update 5:11am EST, May 19, 2022)

\\n

\\n

Although Dollar/Yen ended yesterday strong and rose from 128.19 to 128.95, it dropped back today and is now priced at 127.9.

\\n

Dollar/Yen's graph levels to watch: Dollar/Yen might start to recover soon because it is getting close to its support line— now only 82 pips away at 127.08. Dipping below could be an indication that further losses are ahead. In terms of trend indicators, we can see that the MACD line is significantly below the MACD signal line, meaning this medium-term trend might turn positive. 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, Dollar/Yen has just crossed the lower Bollinger band at 128, indicating further loses 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 11.7% over the last 2 months.

\\n

\\n
\\n

Japan says to double fiscal support for Ukraine to $600 mln https://t.co/gA1VDD1kJ7 pic.twitter.com/3WRZZqdpDF

\\n

— Reuters (@Reuters) May 19, 2022

\\n

\\n

\\n\",\"\\n

Dollar/Swiss ended the previous session at 0.9887, currently trades at 0.976

\\n

(Last update 5:11am EST, May 19, 2022)

\\n

\\n

Dollar/Swiss remains in the 0.976 range today, after ending yesterday at 0.9887 and dropping 127 pips.

\\n

Dollar/Swiss's graph levels to watch: Dollar/Swiss's resistance level is now at 1.0026. Trend indicators show us that at 0.985, Dollar/Swiss 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 0.9661, a low enough level to, generally, suggest that Dollar/Swiss is trading below its value.

\\n

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

\\n

Dollar/Swiss is now trading 1.39% below its yearly high (1.0026) that it held 7 days ago.

\\n

\\n
\\n

USD/CHF retreats further as franc gains prove to be two-foldhttps://t.co/GOQlW1pXLC

\\n

— ForexLive (@ForexLive) May 19, 2022

\\n

\\n

\\n\",\"\\n

Aussie/Dollar up 34 pips, trading around 0.6988

\\n

(Last update 5:11am EST, May 19, 2022)

\\n

\\n

Aussie/Dollar went up to 0.7024 only to drop back to some of the way and is now trading at 0.6988.

\\n

Chart pattern study shows the Australian dollar could be slowing down soon as it approaches resistance at 0.7033. Of course, crossing it might suggest further gains are ahead. In terms of trend indicators, we can see that at 0.6969, the Australian dollar made an initial breakout above 10 day Simple Moving Average, an indication of a positive trend.

\\n

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

\\n

Hitting its yearly low (0.6862) 7 days ago, Aussie/Dollar has bounced back 1.34% since.

\\n\\n\"],\"title\":\"Financial Markets Review – 19 May 2022 – 05:11:38\",\"date\":\"2022-05-19T09:11:38\"}"; var omg_ads = JSON.parse(decodeHtml(omg_ads_string)); } catch (e) { var omg_ads = JSON.parse(omg_ads_string); }