\\n

\\n\",\"\\n

Today Facebook increased by 0.51%, ended the session at $196.64

\\n

(Last update 4:31pm EST, June 13, 2022)

\\n

A quick look at today: Facebook is up to $196.64 today, which makes for a move of 0.51%/99 cents. The trading volume was 22.27 million, which is below the daily average of 27.28 million.

\\n

Trend indicators show us 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 $532.17 billion the year 2022 has not been the best for the social media company, it lost 44.13% of its value. So far in 2022, it has been doing worse than the Nasdaq by 4.51%.

\\n\",\"\\n

Amazon holds at $115.25

\\n

(Last update 1:51am EST, October 21, 2022)

\\n

\\n

A quick look at yesterday: Amazon closed at $115.25 with no clear-cut direction and ranged between $118.24 and $113.57. The trading volume was 48.80 million which was slightly below the daily average of 57 million.

\\n

Amazon might start to recover soon because it is getting close to its support line— now only $2.12 away at $113.13. Dipping below could be an indication that further losses are ahead. At $115.3, Amazon made an initial breakout above 21 day Simple Moving Average, an indication of a positive trend.

\\n

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

\\n

Amazon's market cap currently stands at $1.17 trillion the tech and retail multifaceted giant has lost 25.19% over the last 5 months. So far in 2022 it has been beating the Nasdaq by 16.45%.

\\n\",\"\\n

Microsoft holds at $236.15

\\n

(Last update 1:26am EST, October 21, 2022)

\\n

\\n

A quick look at yesterday: Microsoft closed at $236.15 with no clear-cut direction and ranged between $241.31 and $234.87. The trading volume was 21.81 million — slightly under the daily average of 28.78 million.

\\n

Microsoft is scheduled to announce earnings results Wednesday. The consensus EPS estimate is 2.32 and the consensus revenue estimate is $49.86 billion.

\\n

A study of Microsoft's graph shows key levels to watch: Microsoft might start to recover soon because it is getting close to its support line— now only $2.57 away at $233.58. Dipping below could be an indication that further losses are ahead. In terms of trend indicators, we can see that at $237.08, Microsoft made an initial breakout above 21 day Simple Moving Average, an indication of a positive trend. The MACD line is significantly above the MACD signal line, meaning the medium-term trend might turn negative.

\\n

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

\\n

The company's market cap is $1.76 trillion the software giant is now trading 4.91% above its yearly low ($241.31) that it has slumped into 10 days ago. So far in 2022, it has performed better than the Nasdaq by 19.42%.

\\n\",\"\\n

Google hovers around $100.53

\\n

(Last update 1:26am EST, October 21, 2022)

\\n

\\n

A quick look at yesterday: Google closed at $100.53 with no clear-cut direction and ranged between $103 and $99.97. The trading volume was 23.93 million, which is slightly above the daily average of 22.67 million.

\\n

Google trades at $100.53 ahead of quarterly performance report which is scheduled to be released Tuesday.

\\n

At $100.82, Google made an initial breakout below the 3 day Simple Moving Average, an indication of a negative trend. Despite this, Google might start to recover soon because it is getting close to its support line— now only $1.2 away at $99.33. Dipping below could be an indication that further losses are ahead.

\\n

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

\\n

The company's market cap is $1.31 trillion the leading search engine company is now trading 4.31% above its yearly low ($103) that it has slumped into 21 days ago. The Nasdaq has been doing worse in 2022, it has been passing it by 18.09%.

\\n

\\n
\\n

Texas Attorney General Ken Paxton filed a lawsuit against Google on Thursday, alleging the tech giant violated a state consumer protection law by capturing millions of users’ facial and voice data without their consent. pic.twitter.com/R8DLqGdvOU

\\n

— Forbes (@Forbes) October 20, 2022

\\n

\\n

\\n\",\"\\n

Tesla lost 6.65% yesterday, closed at $207.28

\\n

(Last update 1:26am EST, October 21, 2022)

\\n

\\n

A quick look at yesterday: Elon Musk's electric cars company remained in the $207.28 range after closing Wednesday at $222.04 and dropping 6.65% as it reached the end yesterday's session. The trading volume was 117 million; above the daily average of 78 million.

\\n

Despite this, although Tesla is down today and was as low as $202, it seems to be recovering slightly and climbing away from the $201 support line and is now $6.28 above it.

\\n

The company has a market cap of $649.51 billion hitting its yearly low ($202) 7 days ago, Elon Musk's electric cars company has bounced back 8.32% since. So far in 2022, it has performed better than the Nasdaq by 2.39%.

\\n\",\"\\n

Zoom gained 4.76% yesterday and ended up at $79.96

\\n

(Last update 1:26am EST, October 21, 2022)

\\n

\\n

Yesterday at a glance: after closing yesterday at $76.33, the video communications platform provider went up to $81.5 only to drop some of the way and close at $79.96. The trading volume was 4.16 million, which is above the daily average of 3.70 million.

\\n

Visual analysis of Zoom's price graph shows Zoom could be slowing down soon; it is getting close to the resistance line and is now at $82.11, only $2.15 away. Crossing the resistance line could, however, suggest that further gains are ahead. In terms of trend indicators, we can see that the CCI indicator is above 100. When the CCI (Commodity Channel Index) is at this level it means the price is above the average price as measured by the indicator, indicating a possible start of a new uptrend. Asset volatility analysis shows that Zoom's upper Bollinger band is at $80.19, this is a slight indication of a slowdown.

\\n

All in all, while Zoom has been going up, technical indicators suggest flatness for the immediate future.

\\n

The company has a market cap of $23.80 billion 11 months ago the video communications platform provider has hit its yearly high point of $81.5, since than it lost 73.28%. So far in 2022, it has been doing worse than the Nasdaq by 8.89%.

\\n\",\"\\n

Netflix lost 1.55% yesterday, closed at $268.16

\\n

(Last update 1:26am EST, October 21, 2022)

\\n

\\n

A quick look at yesterday: Netflix ranged between $278.37 and $266.39, but settled at $268.16. Netflix passed the daily average (15.22 million) with a volume of 17.21 million.

\\n

Netflix was down, even though its quarterly earnings released on Tuesday beat the analysts’ estimates. The reported earnings of 3.1 per share on revenue of $7.93 billion, topping estimates of 2.18 per share on revenue of $7.85 billion.

\\n

Important graph levels to look out for: Netflix might start to recover soon because it is getting close to its support line— now only $4.58 away at $263.58. Dipping below could be an indication that further losses are ahead. 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. Analysis based on the asset volatility indicates that Netflix's upper Bollinger band at $269.27, indicating a further downward move might be next.

\\n

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

\\n

Netflix's market cap is currently $119.25 billion 11 months ago the streaming heavyweight has hit its yearly high point of $278.37, since than it lost 60.62%. So far in 2022, it has been doing worse than the Nasdaq by 5.87%.

\\n\",\"\\n

Yesterday Walmart went up and closed at $134.09

\\n

(Last update 1:31am EST, October 21, 2022)

\\n

\\n

A quick look at yesterday: light green Walmart closed at $134.09 after it ranged between $135.4 and $133.65. The trading volume was 4 million — slightly under the daily average of 5.60 million.

\\n

A chart visual study suggests Walmart could be slowing down soon as it approaches resistance at $135.15. Of course, crossing it might suggest further gains are ahead. 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. According to asset volatility analysis, Walmart's upper Bollinger band is at $135.31, this is a slight indication of a slowdown.

\\n

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

\\n

Walmart is currently trading with a market cap of $363.95 billion the discount department and warehouse stores chain is now trading 16.33% below its yearly high ($135.4) that it held 6 months ago. So far in 2022, it has performed better than the Dow by 13.23%.

\\n\",\"\\n

Procter & Gamble closed at $127 after losing 1.29% yesterday

\\n

(Last update 1:31am EST, October 21, 2022)

\\n

\\n

Yesterday at a glance: the consumer goods corporation slid down from $128.65 to $127, taking a 1.29% loss yesterday. Trading volume (8 million) was slightly greater than the latest 21 day volume average by 113%.

\\n

Although Procter & Gamble is pointing down today (was as low as $126.68), it's climbing away from the $125.86 support line and is now $1.13 above it. Although down today, it's worth noting that in earlier trading Procter & Gamble peaked above the $129.04 21 day Simple Moving Average, usually an indication that a positive move might be approaching.

\\n

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

\\n

The company has a market cap of $302.93 billion the consumer goods company is now trading 3.95% above its yearly low ($129.77) that it has slumped into 11 days ago. So far in 2022, it has been doing worse than the Dow Jones by 1.27%.

\\n\",\"\\n

Walt Disney closed at $98.59 after losing 0.4% yesterday

\\n

(Last update 1:31am EST, October 21, 2022)

\\n

\\n

Yesterday at a glance: Walt Disney ranged between $100.75 and $98.11, but settled at $98.59. The trading volume was 8.20 million — slightly under the daily average of 9.50 million.

\\n

At $98.27, Walt Disney made an initial breakout below the 3 day Simple Moving Average, an indication of a negative trend. On the other hand, note that Walt Disney might start to recover soon because it is getting close to its support line— now only $1.03 away at $97.56. Dipping below could be an indication that further losses are ahead.

\\n

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

\\n

Walt Disney has a market cap of $180.46 billion 11 months ago the entertainment giant has hit its yearly high point of $100.75, since than it lost 44.03%. So far in 2022, it has been doing worse than the Dow Jones by 16.46%.

\\n\",\"\\n

Coca-Cola lost 1.57% yesterday, closed at $55.08

\\n

(Last update 1:31am EST, October 21, 2022)

\\n

\\n

Yesterday at a glance: the soft drink company went dark red after losing 1.57%, tumbling down to $55.08. The trading volume was 16 million; higher than the daily average of 15.53 million.

\\n

Coca-Cola is scheduled to announce earnings results Tuesday. The consensus EPS estimate is 0.6388 and the consensus revenue estimate is $10.53 billion.

\\n

At $55.25, Coca-Cola made an initial breakout below the 10 day Simple Moving Average, an indication of a negative trend. On the other hand, note that Coca-Cola might start to recover soon because it is getting close to its support line— now only 36 cents away at $54.72. Dipping below could be an indication that further losses are ahead.

\\n

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

\\n

Coca-Cola's market cap currently stands at $242 billion the soft drinks giant has lost 10.29% over the last 2 months. So far in 2022, it has been outperforming the Dow by 13.54%.

\\n\",\"\\n

Pfizer lost 0.46% yesterday, closed at $42.91

\\n

(Last update 1:31am EST, October 21, 2022)

\\n

\\n

A quick look at yesterday: Pfizer ranged between $43.41 and $42.82, but settled at $42.91. The trading volume was 17.18 million which was slightly under the daily average of 19.59 million.

\\n

Pfizer might start to recover soon because it is getting close to its support line— now only 22 cents away at $42.69. Dipping below could be an indication that further losses are ahead. Although down today, it's worth noting that in earlier trading Pfizer peaked above the $43.34 5 day Simple Moving Average, usually an indication that a positive move might be approaching.

\\n

Technical analysis indicates that Pfizer (currently on a downtrend) might reverse course and start pointing upward in the short term.

\\n

Pfizer's market cap currently stands at $240.83 billion the pharmaceuticals and biotechnology company has hit is lowest yearly rate ($42.82) 11 days ago, since then it has recovered 3.26%. So far in 2022, it has been under-performing the Dow Jones by 3.62%.

\\n

\\n
\\n

Pfizer expects to hike U.S. COVID vaccine price to $110-$130 per dose https://t.co/n1NWqLjhQr pic.twitter.com/2HToIHoTRB

\\n

— Reuters (@Reuters) October 20, 2022

\\n

\\n

\\n\",\"\\n

McDonald's lost 0.39% yesterday, closed at $249.77

\\n

(Last update 1:21am EST, October 21, 2022)

\\n

\\n

Yesterday at a glance: light red but with no clear-cut direction, the fast food giant closed the session at $249.77 after ranging between $251.75 and $249.05. Trading volume (2.28 million) was slightly below the latest 21 day average volume by 72%.

\\n

At $249.56, McDonald's made an initial breakout below the 200 day Simple Moving Average, an indication of a negative trend. McDonald's's upper Bollinger band at $252.89, indicating a further downward move might be next. Despite this, although McDonald's is pointing down today (was as low as $249.05), it's climbing away from the $248.63 support line and is now $1.14 above it. 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

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 McDonald's.

\\n

McDonald's's market cap currently stands at $183.76 billion 7 months ago the fast food giant has hit its twelve month low point of $249.05, since than it recovered back 12.95%. So far in 2022, it has performed better than the Dow by 13.57%.

\\n\",\"\\n

Stable day for Bitcoin, parking at $19,058

\\n

(Last update 1:21am EST, October 21, 2022)

\\n

\\n

Bitcoin is trading steadily today, ranging between $19,120 and $19,021 and is now at $19,058.

\\n

Bitcoin might start to recover soon because it is getting close to its support line— now only $80.02 away at $18,978. Dipping below could be an indication that further losses are ahead. Bitcoin's lower Bollinger band is at $18,669, indicating a positive move might be next.

\\n

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

\\n

Bitcoin is currently trading with a market cap of 365.62 billion Bitcoin is now trading 71.81% below its yearly high ($19,120) that it held 11 months ago.

\\n

\\n
\\n

Crypto’s energy consumption remains one of the most fiercely debated topics in the sector, with environmental activists arguing electricity usage should be curtailed, and miners saying that Bitcoin’s benefits outweigh its costs https://t.co/IEM8uoYKQy

\\n

— Bloomberg (@business) October 21, 2022

\\n

\\n

\\n\",\"\\n

CME Gold ended the previous session at $1,636.8, currently trades at $1,624.5 per ounce

\\n

(Last update 1:21am EST, October 21, 2022)

\\n

\\n

CME Gold is down to $1,624.5 per ounce, after ending yesterday at $1,636.8. Overall, a 0.75% loss or $12.3 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. Analysis based on the asset volatility indicates that Bollinger bands shows an indication of recovery: the lower band is at $1,608, a low enough level to, generally, suggest that Gold is trading below its value.

\\n

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

\\n

CME Gold is now trading 20.48% below its yearly high ($1,633) that it held 7 months ago.

\\n\",\"\\n

WTI crude hovers around $85.62 per barrel

\\n

(Last update 1:21am EST, October 21, 2022)

\\n

\\n

WTI crude trades at $85.62 per barrel, after ending yesterday at $85.75.

\\n

West Texas crude has lost 16.31% over the last 2 months.

\\n\",\"\\n

The Euro slides down to 0.9765 (down 20 pips) after ending the previous session at 0.9786.

\\n

(Last update 1:21am EST, October 21, 2022)

\\n

\\n

The Euro slides down from 0.9786 to 0.9765 today, losing 20 pips (0.21%).

\\n

At 0.9774, the Euro made an initial breakout below the 21 day Simple Moving Average, an indication of a negative trend. In contrast, Euro-Dollar flirting with the 0.977 immediate support line.

\\n

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

\\n

Euro-Dollar is up 1.98% on its yearly low (0.9763) that i hit 24 days ago.

\\n\",\"\\n

The British Pound is down by 0.39%, trading at 1.1187

\\n

(Last update 2:11am EST, October 21, 2022)

\\n

\\n

GBP/USD falls to 1.1187, following mixed behavior today as it ranges between 1.1178 and 1.1244.

\\n

At 1.1191, the British Pound 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 the Pound is likely to start pointing downward in the short term.

\\n

Sterling-Dollar is now trading 10.3% above its yearly low (1.1244) that it has slumped into 19 days ago.

\\n\",\"\\n

Dollar/Yen hits new all-time high at 150.44

\\n

(Last update 2:11am EST, October 21, 2022)

\\n

\\n

After ending yesterday at 150.32, Dollar/Yen gains 17 pips and hits a new record high of 150.44 today.

\\n

Important graph levels to look out for: Dollar/Yen broke through the 150.23 resistance, climbing 9 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. Momentum evaluation shows that the Relative Strength Index indicates Dollar/Yen is in a strong overbought condition. Analysis based on the asset volatility indicates that a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at 150.78 – a high enough level to usually suggest Dollar/Yen is trading above its value.

\\n

All in all, while Dollar/Yen has been going up, technical indicators suggest flatness for the immediate future.

\\n

Dollar/Yen has gained 8.6% over the last 2 months.

\\n\",\"\\n

Dollar-Swiss moves up to 1.0059 up 20 pips

\\n

(Last update 2:11am EST, October 21, 2022)

\\n

\\n

Hesitant but green: from an earlier low of 1.0028, Dollar-Swiss is up to 1.0059 today, gaining 20 pips compared to the 1.0039 at the end of yesterday's session (0.2%).

\\n

A study of Dollar-Swiss's chart pattern shows Dollar-Swiss flirting with the 1.005 immediate resistance line. In terms of trend indicators, we can see that the CCI indicator is above 100. When the CCI (Commodity Channel Index) is at this level it means the price is above the average price as measured by the indicator, indicating a possible start of a new uptrend. Asset volatility analysis shows that a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at 1.0113 – a high enough level to usually suggest Dollar-Swiss is trading above its value.

\\n

All in all, while Dollar-Swiss has been going up, technical indicators suggest flatness for the immediate future.

\\n

Dollar-Swiss has gained 3.36% over the last 2 months.

\\n\",\"\\n

The Australian dollar is trading around 0.6264, down by 15 pips (0.25%)

\\n

(Last update 2:11am EST, October 21, 2022)

\\n

\\n

Light red, mostly flat: Aussie-Dollar is ranging between 0.6285 and 0.6255 and is now at 0.6264.

\\n

Although down today, it's worth noting that in earlier trading the Australian dollar peaked above the 0.6276 5 day Simple Moving Average, usually an indication that a positive move might be approaching.

\\n

Technical analysis shows that Aussie-Dollar (currently on a downtrend) might reverse course and start going up in the short term.

\\n

5 days ago Aussie-Dollar has hit its twelve month low point of 0.6255, since than it recovered back 1.06%.

\\n\\n\"],\"title\":\"Financial Markets Review – 21 October 2022 – 02:11:27\",\"date\":\"2022-10-21T06:11:27\"}"; var omg_ads = JSON.parse(decodeHtml(omg_ads_string)); } catch (e) { var omg_ads = JSON.parse(omg_ads_string); }