\\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 slides down to $102.09 (down 1.26%) after ending the last session at $103.39

\\n

(Last update 1:31pm EST, February 6, 2023)

\\n

\\n

The tech and retail multifaceted giant is recovering some losses, but is not all the way back to $103.39, after dipping down to $100.65 today.

\\n

Amazon reported earnings results Thursday; with EPS at 0.25 and revenues at $149.20 billion, these results are mixed compared to a consensus of 0.18 Earnings Per Share and $155.15 billion revenue. Since the release of its earnings report, Amazon lost 2.91%.

\\n

At $101.76, Amazon made an initial breakout below the 10 day Simple Moving Average, an indication of a negative trend. In contrast, although Amazon is pointing down today (was as low as $100.65), it's climbing away from the $101 support line and is now $1.08 above it.

\\n

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

\\n

Amazon's market cap is currently $1 trillion the tech and retail multifaceted giant is now trading 26.36% above its yearly low ($103.95) that it has slumped into a month ago. So far in 2022, it has been outperforming the Nasdaq by 6.98%.

\\n

\\n
\\n

Amazon is obviously a factor in Bed Bath & Beyond's decline.

\\n

Arthur Stark, the longtime former president of the chain, told us that executives should have focused more on online https://t.co/PRGdAFCOC1 pic.twitter.com/kTIe7gDji5

\\n

— Bloomberg (@business) February 6, 2023

\\n

\\n

\\n\",\"\\n

Microsoft goes down lost 0.98% after ending the last session at $258.35

\\n

(Last update 1:56pm EST, February 6, 2023)

\\n

\\n

The software giant slides down from $258.35 to $255.81, losing $2.54 (0.98%).

\\n

The MACD line is significantly above the MACD signal line, meaning the medium-term trend might turn negative. Microsoft's upper Bollinger band at $261.88, indicating a further downward move might be next. Despite this, Microsoft reversed direction at $255.57 support zone and climbed 24 cents 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 Microsoft.

\\n

Microsoft has a market cap of $1.91 trillion the iconic OS developer gained 7.83% so far this year (2022). So far in 2022, it has been under-performing the Nasdaq by 5.66%.

\\n

\\n
\\n

Microsoft is among the top #AI stocks to watch as Big Tech expands its artificial intelligence offerings. https://t.co/2VGAeej57S

\\n

— Investors.com (@IBDinvestors) February 6, 2023

\\n

\\n

\\n\",\"\\n

Google drops to $102.88 (down 2.22%) after ending the last session at $105.22

\\n

(Last update 1:56pm EST, February 6, 2023)

\\n

\\n

The leading search engine company remains in the $102.88 range today, after ending Friday at $105.22 and dropping 2.22%.

\\n

The company reported earnings of 1.05 per share Thursday, falling short of expectations of 1.19. Revenue was also lower than expected at $76 billion versus $76.59 billion. Although earnings did not match projections, Google gained 1.43% since the release of its earnings report.

\\n

At $102.65, Google made an initial breakout below the 5 day Simple Moving Average, an indication of a negative trend. On the other hand, note that Google might start to recover soon because it is getting close to its support line— now only $2.09 away at $100.79. Dipping below could be an indication that further losses are ahead.

\\n

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

\\n

Google's market cap is currently $1.32 trillion the leading search engine company gained 17.3% so far this year (2022). The Nasdaq has been doing worse in 2022, it has been passing it by 3.81%.

\\n

\\n
\\n

Inside today's @Forbes Daily:
– Hot sauce made this man a billionaire
– Laid off Alphabet employees say it cut company that protects people from surveillance
– Performing at the Super Bowl halftime show can boost artists' saleshttps://t.co/RSjwapTZUB via @lcs_smythe pic.twitter.com/fPWLWqqjRS

\\n

— Forbes (@Forbes) February 6, 2023

\\n

\\n

\\n\",\"\\n

Tesla is up five days in a row, gaining 2.09% to $193.96.

\\n

(Last update 1:56pm EST, February 6, 2023)

\\n

\\n

After closing Friday at $189.98, Elon Musk's EV company went up to $198.16 only to drop back some of the way, and is now trading at $193.96.

\\n

Tesla's graph levels to watch: although Tesla is green today and was as high as $198.16, it seems to be slowing down slightly and moving away from the $206.2 resistance line, and is now $12.24 below 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. According to momentum evaluation, the Relative Strength Index indicates Tesla is in an overbought condition. According to asset volatility analysis, Tesla's upper Bollinger band is at $202.27, this is a slight indication of a slowdown.

\\n

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

\\n

The company has a market cap of $612.48 billion the trendy EV maker is up 75.74% on its yearly low ($189.92) that i hit a month ago. So far in 2022 it has been beating the Nasdaq by 62.25%.

\\n\",\"\\n

Zoom goes down lost 2.94% after ending the last session at $79.54

\\n

(Last update 1:56pm EST, February 6, 2023)

\\n

\\n

The video communications platform provider drops 2.94% early on and remains at $77.2 range.

\\n

At $77.8, Zoom made an initial breakout below the 5 day Simple Moving Average, an indication of a negative trend. Zoom's upper Bollinger band at $80.59, indicating a further downward move might be next. On the other hand, note that Zoom might start to recover soon because it is getting close to its support line— now only 35 cents away at $76.85. Dipping below could be an indication that further losses are 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.

\\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

Zoom is currently trading with a market cap of $22.57 billion the video communications platform provider gained 19.32% so far this year (2022). So far in 2022, it has been outperforming the Nasdaq by 5.83%.

\\n\",\"\\n

Netflix draws back to $363.82 (down 0.57%) after ending the last session at $365.9

\\n

(Last update 1:56pm EST, February 6, 2023)

\\n

\\n

Currently light red but with no clear-cut direction, the streaming company is trading at $363.82 after ranging between $368.45 and $360.7 today.

\\n

At $364.93, Netflix made an initial breakout below the 3 day Simple Moving Average, an indication of a negative trend. On the other hand, note that although Netflix is down today and was as low as $360.7, it seems to be recovering slightly and climbing away from the $356.79 support line and is now $7.03 above it.

\\n

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

\\n

The company's market cap is $161.91 billion the streaming heavyweight gained 24.05% so far this year (2022). So far in 2022, it has performed better than the Nasdaq by 10.56%.

\\n\",\"\\n

Walmart draws back lost 0.96% after ending the last session at $141.71

\\n

(Last update 1:31pm EST, February 6, 2023)

\\n

\\n

The discount department and warehouse stores chain slides down from $141.71 to $140.34, losing $1.37 (0.96%).

\\n

Chart pattern study shows Walmart broke through the $140.39 support line and dropped 5 cents below it. 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, Bollinger bands shows an indication of recovery: the lower band is at $139.18, a low enough level to, generally, suggest that Walmart is trading below its value.

\\n

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

\\n

Walmart has a market cap of $378.48 billion the warehouse stores chain company is now trading 19.8% above its yearly low ($142.1) that it has slumped into 7 months ago. So far in 2022, it has been doing worse than the Dow Jones by 3.65%.

\\n\",\"\\n

Procter & Gamble stumbles lost 0.96% after ending the last session at $142.61

\\n

(Last update 1:31pm EST, February 6, 2023)

\\n

\\n

The consumer goods company remains in the $141.25 range today, after ending Friday at $142.61 and dropping 0.96%.

\\n

Procter & Gamble fell below the $141.39 support zone and receded 15 cents away from it, next resistance level is at $140.18. At $141.89, Procter & Gamble 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 Procter & Gamble is likely to continue pointing down in the short term.

\\n

Procter & Gamble's market cap currently stands at $333.22 billion the year 2022 has not been the best for the consumer goods corporation, it lost 5.91% of its value. So far in 2022, it has been under-performing the Dow Jones by 8.24%.

\\n\",\"\\n

Walt Disney goes down to $109.11 (down 1.45%) after ending the last session at $110.71

\\n

(Last update 1:31pm EST, February 6, 2023)

\\n

\\n

The entertainment and content production company drops 1.45% early on and remains at $109.11 range.

\\n

Walt Disney is scheduled to announce earnings results Wednesday. The consensus EPS estimate is 0.69 and the consensus revenue estimate is $21 billion.

\\n

At $109.88, Walt Disney made an initial breakout below the 5 day Simple Moving Average, an indication of a negative trend. In contrast, after reaching the $108.64 support zone, Walt Disney bounced and climbed 47 cents above it.

\\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 $198.96 billion the entertainment and content production company is now trading 31.53% above its yearly low ($110.43) that it has slumped into a month ago. So far in 2022 it has been beating the Dow by 22.11%.

\\n\",\"\\n

After closing the last session at $59.83, Coca-Cola climbs to $60.24 (up 41.01 cents)

\\n

(Last update 1:31pm EST, February 6, 2023)

\\n

\\n

Small gain for Coca-Cola at $60.24 after ranging between $59.75 and $60.34 today.

\\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. Despite this, Coca-Cola could be slowing down soon; it is getting close to the resistance line and is now at $60.42, only 18 cents away. Crossing the resistance line could, however, suggest that further gains are ahead.

\\n

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

\\n

The company has a market cap of $260.51 billion the year 2022 has not been the best for the soft drink company, it lost 4.96% of its value. So far in 2022, it has been under-performing the Dow by 7.29%.

\\n\",\"\\n

Pfizer draws back lost 0.4% after ending the last session at $44.06

\\n

(Last update 1:31pm EST, February 6, 2023)

\\n

\\n

The pharmaceuticals and biotechnology company slides down from $44.06 to $43.88, losing 17.81 cents (0.4%).

\\n

At $44, Pfizer made an initial breakout below the 5 day Simple Moving Average, an indication of a negative trend. Despite this, Pfizer broke through the $43.83 support line and dropped 5 cents below it. 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 Pfizer is likely to continue pointing down in the short term.

\\n

Pfizer has a market cap of $246.32 billion the year 2022 has not been the best for the pharmaceuticals and biotechnology company, it lost 14.05% of its value. So far in 2022, it has been under-performing the Dow by 16.38%.

\\n\",\"\\n

McDonald's soars to $267.87 up 1.38%

\\n

(Last update 1:31pm EST, February 6, 2023)

\\n

\\n

Small gain for McDonald's at $267.87 after ranging between $264.36 and $267.9 today.

\\n

At $266.4, McDonald's made an initial breakout above 5 day Simple Moving Average, an indication of a positive trend. On the other hand, note that McDonald's could be slowing down soon; it is getting close to the resistance line and is now at $267.47, only 39 cents away. Crossing the resistance line could, however, suggest that further gains are ahead.

\\n

Examining the technical analysis landscape, McDonald's might continue its downtrend in the short term.

\\n

The company's market cap is $196.19 billion the fast food company is now trading 5.09% below its yearly high ($267.9) that it held 2 months ago. So far in 2022, it has been under-performing the Dow by 2.37%.

\\n\",\"\\n

After four days of going down, Bitcoin up $96.33 today

\\n

(Last update 1:31pm EST, February 6, 2023)

\\n

\\n

After dipping down to $22,735, Bitcoin regains earlier losses and reaches $23,055.

\\n

On the other hand, note that Bitcoin could be slowing down soon as it approaches resistance at $23,400. Of course, crossing it might suggest further gains are ahead.

\\n

Bitcoin is currently trading with a market cap of 444.58 billion Bitcoin gained 38.17% so far this year (2022).

\\n

\\n
\\n

Bitcoin struggles around $23,000 level as new-year rally loses steam https://t.co/LjYdt6ZPtr

\\n

— CNBC (@CNBC) February 6, 2023

\\n

\\n

\\n\",\"\\n

After three days of going down, Gold up $2.8 today

\\n

(Last update 1:31pm EST, February 6, 2023)

\\n

\\n

Currently light green but with no clear-cut direction, CME Gold is trading at $1,879.4 per ounce after ranging between $1,894 and $1,873.2 today.

\\n

Gold's lower Bollinger band is at $1,860.57, indicating further gains might be next. In contrast, Gold could be slowing down soon; it is getting close to the resistance line and is now at $1,899.43, only $20.03 away. Crossing the resistance line could, however, suggest that further gains are ahead.

\\n

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

\\n

Gold has gained 11.29% over the last 2 months.

\\n

\\n
\\n

World’s top gold miner offers $17bn for rival https://t.co/9QZtZ0SCOQ

\\n

— Financial Times (@FT) February 6, 2023

\\n

\\n

\\n\",\"\\n

After three days of going down, WTI crude is stable today, trading around $73.86

\\n

(Last update 1:31pm EST, February 6, 2023)

\\n

\\n

West Texas crude is trading at $73.86 per barrel with no clear-cut direction, ranging between $74.41 and $72.25.

\\n

As the day reaches an end a chart visual study suggests WTI crude oil is climbing away and is now $2.2 from the $71.66 support line. 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 WTI crude's lower Bollinger band is at $73.71, indicating a positive move might be next.

\\n

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

\\n

WTI crude oil has lost 20.75% over the last 2 months.

\\n\",\"\\n

The Euro is trading around 1.0719, down by 77 pips (0.72%)

\\n

(Last update 1:31pm EST, February 6, 2023)

\\n

\\n

Euro-Dollar slides down from 1.0797 to 1.0719 today, losing 77 pips (0.72%).

\\n

At 1.0724, Euro-Dollar 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. The Euro shows signs that further losses might be next, as it crossed the lower Bollinger band at 1.074 On the other hand, note that "Hammer”, when it appears on top of a bearish overall trend, as it is now, some traders would consider this as an indication of a trend reversal.

\\n

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

\\n

The Euro has gained 8.79% over the last 2 months.

\\n\",\"\\n

Sterling-Dollar down 22 pips, closing at 1.2034, for its 4th straight negative day

\\n

(Last update 2:11pm EST, February 6, 2023)

\\n

\\n

GBP/USD slides down from 1.2056 to 1.2034 today, losing 22 pips (0.19%).

\\n

The MACD line is significantly below the MACD signal line, meaning this medium-term trend might turn positive. Bollinger bands shows an indication of recovery: the lower band is at 1.2046, a low enough level to, generally, suggest that Sterling-Dollar is trading below its value. 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

Overall, looking at the technical analysis landscape – although indicators are mixed and some are pointing in different directions it seems the British Pound might reverse course and start pointing upward in the short term.

\\n

The British Pound is now trading 18.42% above its yearly low (1.2077) that it has slumped into 4 months ago.

\\n\",\"\\n

Dollar/Yen soars to 132.51 after closing the previous session at 131.15 (up 1.03% today)

\\n

(Last update 2:11pm EST, February 6, 2023)

\\n

\\n

Hesitant but green: from an earlier low of 131.15, Dollar/Yen is up to 132.51 today, gaining 135 pips compared to the 131.15 at the end of Friday's session (1.03%).

\\n

A chart visual study suggests Dollar/Yen flirting with the 132.27 immediate resistance line. In terms of trend indicators, we can see that at 131.98, Dollar/Yen made an initial breakout above 50 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. 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 a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at 132.11 – a high enough level to usually suggest Dollar/Yen is trading above its value.

\\n

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

\\n

3 months ago Dollar/Yen has hit its yearly high point of 132.9, since than it lost 12.63%.

\\n

\\n
\\n

Rising yields put a bid into USD/JPYhttps://t.co/jkjfI0t7ck

\\n

— ForexLive (@ForexLive) February 6, 2023

\\n

\\n

\\n\",\"\\n

After ending the previous trading day at 0.9257, Dollar-Swiss moves up to 0.9274 (up 16 pips)

\\n

(Last update 2:11pm EST, February 6, 2023)

\\n

\\n

Light green, mostly flat: Dollar-Swiss ranging between 0.9291 and 0.9222 and is now at 0.9274.

\\n

Dollar-Swiss reversed direction at 0.928 resistance zone and retreated back 5 pips below it. Although up today, it's worth noting that earlier Dollar-Swiss dropped below the 50 day Simple Moving Average as it was trading at 0.9248, usually an indication that a negative trend is ahead. Dollar-Swiss's upper Bollinger band is at 0.9298, this is a slight indication of a slowdown. In contrast, 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 like a reverse of course (in the short term) might be next for Dollar-Swiss.

\\n

Dollar-Swiss is now trading 1.87% above its yearly low (0.9291) that it has slumped into 5 days ago.

\\n\",\"\\n

The Australian dollar down 32 pips, closing at 0.6892, for its 4th straight negative day

\\n

(Last update 2:11pm EST, February 6, 2023)

\\n

\\n

After a mostly steady day, Aussie-Dollar loses 32 pips late into the session, trading at 0.6892.

\\n

The MACD line is significantly below the MACD signal line, meaning this medium-term trend might turn positive. Bollinger bands shows an indication of recovery: the lower band is at 0.6851, a low enough level to, generally, suggest that the Australian dollar is trading below its value. "Hammer”, when it appears on top of a bearish overall trend, as it is now, some traders would consider this as an indication of a trend reversal. Despite this, at 0.6872, Aussie-Dollar 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 – although indicators are mixed and some are pointing in different directions it seems Aussie-Dollar might reverse course and start pointing upward in the short term.

\\n

3 months ago the Australian dollar has hit its twelve month low point of 0.6857, since than it recovered back 11.44%.

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