\\n

\\n\",\"\\n

Google gains 1.24% in after-hours trading, reaching $89.83

\\n

(Last update 9:26am EST, January 3, 2023)

\\n

\\n

A quick look at Friday: the search engine giant dropped 0.25% early on and stayed at the $88.73 range. The trading volume was 19.19 million which was slightly under the daily average of 23.74 million.

\\n

Google might start to recover soon because it is getting close to its support line— now only $2.33 away at $86.4. Dipping below could be an indication that further losses are ahead. At $88.28, 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 start pointing upward in the short term.

\\n

The company's market cap is $1.15 trillion 10 months ago the search engine giant has hit its yearly high point of $88.82, since than it lost 39.91%.

\\n

\\n
\\n

Talking to parents who lost the entire contents of their Google accounts because of their children’s nudity freaked me out because I could easily imagine the same thing happening to me. So I collected all my data from tech companies’ digital basements. https://t.co/G3V63QdHhO

\\n

— Kashmir Hill (@kashhill) December 31, 2022

\\n

\\n

\\n\",\"\\n

After four days of gains, Tesla falls 3.3% in pre-market trading after closing at $123.18 (+1.12%) Friday

\\n

(Last update 9:26am EST, January 3, 2023)

\\n

\\n

Friday at a glance: light green, mostly flat: Tesla ranged between $124.47 and $119.77 and closed at $123.18. Tesla went above the daily average (140.20 million) with a volume of 157.78 million.

\\n

On the other hand, note that Tesla could be slowing down soon as it approaches resistance at $125.19. Of course, crossing it might suggest further gains are ahead.

\\n

The company has a market cap of $388.97 billion Elon Musk's EV company is now trading 11.66% above its yearly low ($124.47) that it has slumped into 7 days ago.

\\n\",\"\\n

Zoom gains 1.59% in after-hours trading, reaching $68.82

\\n

(Last update 9:26am EST, January 3, 2023)

\\n

\\n

A quick look at Friday: after dropping down to $66.36, the US video tech company recovers some losses and is currently trading at $67.74. The trading volume was 1.87 million which is below the daily average of 3.14 million.

\\n

Zoom might start to recover soon because it is getting close to its support line— now only $1.89 away at $65.85. Dipping below could be an indication that further losses are ahead. 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. Zoom's lower Bollinger band is at $64.16, indicating a positive move might be next.

\\n

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

\\n

The company's market cap is $19.80 billion the video communications platform provider is now trading 4.04% above its yearly low ($67.82) that it has slumped into 6 days ago.

\\n\",\"\\n

Netflix is up to $297.51 (+0.89%) in pre-market trading after closing Friday's session at $294.88

\\n

(Last update 9:26am EST, January 3, 2023)

\\n

\\n

A quick look at Friday: Netflix recovered all the way back up to $294.88 after dipping down to $283.22. The trading volume was 7.57 million which was slightly under the daily average of 9.19 million.

\\n

At $291.63, Netflix made an initial breakout above 50 day Simple Moving Average, an indication of a positive trend. In contrast, Netflix could be slowing down soon; it is getting close to the resistance line and is now at $298.85, only $3.97 away. Crossing the resistance line could, however, suggest that further gains are ahead.

\\n

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

\\n

Netflix's market cap currently stands at $131.23 billion a year ago the streaming company has hit its yearly high point of $295, since than it lost 51.27%.

\\n\",\"\\n

Walmart is up 0.35%, trades at $142.29

\\n

(Last update 9:31am EST, January 3, 2023)

\\n

\\n

After closing the previous trading day at $141.79, Walmart is up to $142.29, which makes for a move of 0.35%/50 cents today.

\\n

The company's market cap is $383.73 billion the warehouse stores chain company has hit is lowest yearly rate ($142.24) 6 months ago, since then it has recovered 19.87%.

\\n\",\"\\n

Procter & Gamble holds at $151.35

\\n

(Last update 9:31am EST, January 3, 2023)

\\n

\\n

Procter & Gamble trades at $151.35, after ending Friday at $151.56.

\\n

Procter & Gamble's upper Bollinger band is at $153.84, indicating a downward move might be next.

\\n

Overall, technical indicators suggest Procter & Gamble has no obvious direction for the immediate future.

\\n

Procter & Gamble's market cap currently stands at $358.67 billion the consumer goods company is now trading 22.46% above its yearly low ($151.49) that it has slumped into 2 months ago.

\\n\",\"\\n

Walt Disney is up 2.08%, trades at $88.69

\\n

(Last update 9:31am EST, January 3, 2023)

\\n

\\n

Walt Disney is up to $88.69 today, which makes for a move of 2.08%/$1.81.

\\n

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

Examining the technical analysis landscape, Walt Disney might continue its downtrend in the short term.

\\n

Walt Disney has a market cap of $161.73 billion the entertainment and content production company is up 3.22% on its yearly low ($88.52) that i hit 6 days ago.

\\n\",\"\\n

Coca-Cola draws back to $63.45

\\n

(Last update 9:31am EST, January 3, 2023)

\\n

\\n

Coca-Cola is down to $63.45, after ending Friday at $63.61. Overall, a 0.25% loss or 16 cents today.

\\n

Coca-Cola's upper Bollinger band at $64.37, indicating a further downward move might be next.

\\n

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

\\n

The company has a market cap of $274.39 billion the soft drink company is now trading 16.95% above its yearly low ($63.52) that it has slumped into 2 months ago.

\\n\",\"\\n

Pfizer goes down to $50.89

\\n

(Last update 9:31am EST, January 3, 2023)

\\n

\\n

Pfizer is down to $50.89, after ending Friday at $51.24. Overall, a 0.68% loss or 34.9 cents today.

\\n

Pfizer is currently trading with a market cap of $285.67 billion 2 months ago the pharmaceuticals and biotechnology company has hit its twelve month low point of $50.89, since than it recovered back 22.73%.

\\n\",\"\\n

McDonald's stumbles to $261.28

\\n

(Last update 10:01am EST, January 3, 2023)

\\n

\\n

McDonald's is down to $261.28, after ending Friday at $263.53. Overall, a 0.85% loss or $2.25 today.

\\n

As the day gets underway a chart visual study suggests McDonald's fell below the $261.49 support zone and receded 21 cents away from it, next resistance level is at $259.46. 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 $260.96, a low enough level to, generally, suggest that McDonald's is trading below its value.

\\n

All in all, the technical analysis suggests McDonald's has no clear-cut direction.

\\n

The company has a market cap of $191.37 billion the fast food company has gained 12% over the last 2 months.

\\n\",\"\\n

Bitcoin steady at $16,700, no significant movement

\\n

(Last update 10:01am EST, January 3, 2023)

\\n

\\n

Hesitant but green: from an earlier low of $16,668, Bitcoin is up to $16,700 today, gaining $19.16 compared to the $16,681 at the end of today's session (0.09%).

\\n

Bitcoin's graph levels to watch: Bitcoin might start to recover soon because it is getting close to its support line— now only $153.49 away at $16,543. Dipping below could be an indication that further losses are ahead. In terms of trend indicators, we can see that at $16,700, Bitcoin made an initial breakout above 10 day Simple Moving Average, an indication of a positive trend. Analysis based on the asset volatility indicates that Bitcoin's upper Bollinger band is at $17,119, indicating a downward move might be next.

\\n

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

\\n

Bitcoin has a market cap of 321.43 billion 9 months ago Bitcoin has hit its yearly high point of $16,759, since than it lost 64.86%.

\\n

\\n
\\n

Line up and place your bets! Will bitcoin shoot up to $250k in 2023? Or will it sink 70% to $5k? @ArjunKharpal and I asked some top analysts and investors for their thoughts. https://t.co/38wsg6TSEY

\\n

— Ryan Browne (@Ryan_Browne_) January 2, 2023

\\n

\\n

\\n\",\"\\n

CME Gold goes back up to June 2022 levels, reaching $1,856.6

\\n

(Last update 10:01am EST, January 3, 2023)

\\n

\\n

While Friday ended at $1,826.2, today, CME Gold rallied above $1,856.6 for the first time in 6 months and gained $29.1 — now trading at $1,855.3.

\\n

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. 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. CME Gold has crossed the upper Bollinger band at $1,841.71, a sign that possible further gains might be next. In contrast, Gold reversed direction at $1,835 resistance zone and retreated back $20.23 below it.

\\n

Examining the technical analysis landscape, CME Gold might continue its downtrend in the short term.

\\n

CME Gold is up 12.5% on its yearly low ($1,831.3) that i hit 3 months ago.

\\n

\\n
\\n

Gold surges to 6-month high, and analysts expect new records in 2023 https://t.co/G5o0zoKI3L

\\n

— CNBC (@CNBC) January 3, 2023

\\n

\\n

\\n\",\"\\n

West Texas crude is trading around $79.05 per barrel, down by $1.21 (1.51%)

\\n

(Last update 10:01am EST, January 3, 2023)

\\n

\\n

WTI crude slides down from $80.26 to $79.05 per barrel today, losing $1.21 (1.51%).

\\n

West Texas crude chart analysis: WTI crude oil might start to recover soon because it is getting close to its support line— now only 63 cents away at $78.42. 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 West Texas crude peaked above the $81.05 50 day Simple Moving Average, usually an indication that a positive move might be approaching. According to asset volatility analysis, WTI crude oil's upper Bollinger band at $82.07, indicating a further downward move might be next.

\\n

All in all, the technical analysis suggests WTI crude oil has no clear-cut direction.

\\n

US crude oil is now trading 13% above its yearly low ($81.5) that it has slumped into 25 days ago.

\\n\",\"\\n

The Euro ended the previous session at 1.0668, currently trades at 1.058

\\n

(Last update 10:01am EST, January 3, 2023)

\\n

\\n

Euro-Dollar is dark red after losing 88 pips, tumbling down to 1.058.

\\n

Visual analysis of the Euro's price graph shows Euro-Dollar fell below the 1.0655 support zone and receded 75 pips away from it, next resistance level is at 1.0644. In terms of trend indicators, we can see that at 1.062, the Euro 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 1.0546, a low enough level to, generally, suggest that Euro-Dollar is trading below its value.

\\n

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

\\n

The Euro has hit is lowest yearly rate (1.0523) 3 months ago, since then it has recovered 11.16%.

\\n\",\"\\n

Sterling-Dollar draws back to 1.202 (down 30 pips) after ending the previous session at 1.205.

\\n

(Last update 10:11am EST, January 3, 2023)

\\n

\\n

GBP/USD weakened earlier in the day, before moving off the 1.1902 low and recovering almost back to 1.202.

\\n

At 1.1965, the Pound made an initial breakout below the 200 day Simple Moving Average, an indication of a negative trend. Despite this, Sterling-Dollar is hovering around the 1.2039 immediate support line.

\\n

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

\\n

The British Pound has gained 18.32% over the last 2 months.

\\n\",\"\\n

Dollar/Yen rebounds 111 pips from a 7 months low

\\n

(Last update 10:11am EST, January 3, 2023)

\\n

\\n

Dollar/Yen dropped to 129.49, hitting its lowest point in 7 months. Later, it recovered 111 pips and is now trading at 130.6.

\\n

A study of Dollar/Yen's chart pattern shows Dollar/Yen flirting with the 130.68 immediate support line. In terms of trend indicators, we can see that although down today, it's worth noting that in earlier trading Dollar/Yen peaked above the 130.91 3 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.

\\n

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

\\n

2 months ago Dollar/Yen has hit its yearly high point of 131.4, since than it lost 12.92%.

\\n

\\n
\\n

USD/JPY turns positive on the day nowhttps://t.co/iZnClB40vx

\\n

— ForexLive (@ForexLive) January 3, 2023

\\n

\\n

\\n\",\"\\n

Dollar-Swiss up 0.93%, trading at 0.934

\\n

(Last update 10:11am EST, January 3, 2023)

\\n

\\n

Dollar-Swiss trades at 0.934 after gaining 86 pips (0.93%).

\\n

Dollar-Swiss broke through the 0.9258 resistance and climbed above it 81 pips; next resistance level is at 0.9263. At 0.9369, Dollar-Swiss made an initial breakout above 50 day Simple Moving Average, an indication of a positive trend. Medium-term trend indication has turned positive as the MACD (moving average convergence divergence) index generated a crossover buy signal. This occurs as the MACD line crosses above the MACD signal line. On the other hand, note that Dollar-Swiss's upper Bollinger band is at 0.9378, this is a slight indication of a slowdown.

\\n

According to technical analysis, it looks as if Dollar-Swiss likely to continue pointing upward in the short term.

\\n

Dollar-Swiss is now trading 8.69% below its yearly high (0.94) that it held 2 months ago.

\\n\",\"\\n

The Australian dollar ended the previous session at 0.6794, currently trades at 0.6741

\\n

(Last update 10:11am EST, January 3, 2023)

\\n

\\n

The Australian dollar recovering almost all the way back to 0.6794 today, after dipping down to 0.669.

\\n

Although down today, it's worth noting that in earlier trading the Australian dollar peaked above the 0.6812 200 day Simple Moving Average, usually an indication that a positive move might be approaching. In contrast, Aussie-Dollar fell below the 0.6784 support zone and receded 43 pips away from it.

\\n

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

\\n

The Australian dollar is now trading 9.34% above its yearly low (0.6839) that it has slumped into 2 months ago.

\\n\\n\"],\"title\":\"Financial Markets Review – 3 January 2023 – 10:11:42\",\"date\":\"2023-01-03T15:11:42\"}"; var omg_ads = JSON.parse(decodeHtml(omg_ads_string)); } catch (e) { var omg_ads = JSON.parse(omg_ads_string); }