\\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 traded at $97.2, down by 0.97% when the session closed

\\n

(Last update 1:31am EST, February 19, 2023)

\\n

\\n

Friday at a glance: Jeff Bezos’s company remained in the $97.2 range after closing Thursday at $98.15 and dropping 0.97% as it reached the end Friday's session. The trading volume was 60 million — slightly under the daily average of 78.39 million.

\\n

Amazon might start to recover soon because it is getting close to its support line— now only $1.28 away at $95.92. Dipping below could be an indication that further losses are ahead.

\\n

The company's market cap is $996 billion hitting its yearly low ($95.65) a month ago, Jeff Bezos’s company has bounced back 19.96% since. So far in 2022, it has been outperforming the Nasdaq by 1.31%.

\\n

\\n
\\n

Amazon’s private label business is leaving small brands to protect themselves against knockoffs. @KatieTarasov breaks down why you may be buying Amazon products without knowing it. https://t.co/vmMQLD2bQx pic.twitter.com/vcuDo6miwM

\\n

— CNBC (@CNBC) February 19, 2023

\\n

\\n

\\n\",\"\\n

Microsoft closed at $258.06 (down 1.56%) and added one more to its 4th straight day of losses

\\n

(Last update 1:56am EST, February 19, 2023)

\\n

\\n

Friday at a glance: the iconic OS developer remained in the $258.06 range, after closing Thursday at $262.15 and dropping by 1.56% Friday. The trading volume was 30 million which is below the daily average of 35.86 million.

\\n

Although Microsoft is pointing down today (was as low as $256), it's climbing away from the $256 support line and is now $2.04 above it. The MACD line is significantly below the MACD signal line, meaning this medium-term trend might turn positive.

\\n

Overall, looking at the technical analysis landscape, it seems Microsoft —which is currently on a downtrend— might reverse course and start pointing upward in the short term.

\\n

The company has a market cap of $1.92 trillion hitting its yearly low ($256) 3 months ago, the software giant has bounced back 22.36% since. So far in 2022, it has been under-performing the Nasdaq by 4.23%.

\\n

\\n
\\n

Wall Street stocks ended mixed, weighed down by Microsoft and Nvidia, as investors worried that inflation and a strong U.S. economy could put the Federal Reserve on pace for more interest rate hikes. Read more: https://t.co/kFGY0Z0x9B $MSFT $NVDA pic.twitter.com/W5Hh5seoRe

\\n

— Reuters Business (@ReutersBiz) February 18, 2023

\\n

\\n

\\n\",\"\\n

Google closed at $94.59 after losing 1.24% Friday

\\n

(Last update 1:56am EST, February 19, 2023)

\\n

\\n

A quick look at Friday: the leading search engine company​ recovered some, but not quite all the way back to $95.78​ after dipping down to $93.45​ Friday. The trading volume was 31 million, which is below the daily average of 39.20 million.

\\n

At $94.52, Google made an initial breakout below the 50 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 $1.15 away at $93.44. 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 start pointing downward in the short term.

\\n

Google is currently trading with a market cap of $1.21 trillion 10 months ago the search engine giant has hit its yearly high point of $95.75, since than it lost 33.32%. So far in 2022, it has been doing worse than the Nasdaq by 6.43%.

\\n

\\n
\\n

Why are Starbucks, Apple and Google employees unionizing now? Watch the video to learn why experts say it’s happening and why these progressive companies are fighting back. https://t.co/o3woJ3NUUS pic.twitter.com/zBYEyOdNue

\\n

— CNBC (@CNBC) February 19, 2023

\\n

\\n

\\n\",\"\\n

Tesla gained 3.1% Friday and ended up at $208.31

\\n

(Last update 1:56am EST, February 19, 2023)

\\n

\\n

A quick look at Friday: Elon Musk's EV company went up to $208.31, gaining 3.1%. Slightly above the daily average of 204.27 million, Tesla traded with a volume of 213.74 million Friday.

\\n

Tesla could be slowing down soon; it is getting close to the resistance line and is now at $212, only $3.69 away. Crossing the resistance line could, however, suggest that further gains are ahead. Even though Tesla is up today, it is worth noting that earlier it dropped below 10 day Simple Moving Average and was trading at $200.72, a possible sign that a negative trend is ahead.

\\n

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

\\n

The company has a market cap of $659.11 billion Elon Musk's EV company gained 98.41% so far this year (2022). So far in 2022, it has performed better than the Nasdaq by 86.6%.

\\n\",\"\\n

Zoom lost 2.31% Friday, closed at $76.11

\\n

(Last update 1:56am EST, February 19, 2023)

\\n

\\n

Friday at a glance: the US video tech company remained in the $76.11 range, after closing Thursday at $77.91 and dropping by 2.31% Friday. The trading volume was 3 million which was slightly under the daily average of 3.96 million.

\\n

At $75.43, Zoom made an initial breakout below the 21 day Simple Moving Average, an indication of a negative trend. On the other hand, note that although Zoom is pointing down today (was as low as $74.3), it's climbing away from the $74.57 support line and is now $1.54 above it.

\\n

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

\\n

The company's market cap is $22.25 billion hitting its yearly low ($74.3) a month ago, the video communications platform provider has bounced back 19.2% since. So far in 2022 it has been beating the Nasdaq by 2%.

\\n\",\"\\n

Netflix ended the session at $347.96 (-0.78%)

\\n

(Last update 1:56am EST, February 19, 2023)

\\n

\\n

A quick look at Friday: the streaming heavyweight dropped 0.78% early on and stayed at the $347.96 range. The trading volume was 5.29 million which is below the daily average of 8.69 million.

\\n

Important graph levels to look out for: although Netflix is down today and was as low as $342.44, it seems to be recovering slightly and climbing away from the $343.94 support line and is now $4 above 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. Analysis based on the asset volatility indicates that Bollinger bands shows an indication of recovery: the lower band is at $346.22, a low enough level to, generally, suggest that Netflix is trading below its value.

\\n

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

\\n

The company has a market cap of $154.96 billion the streaming heavyweight gained 17.81% so far this year (2022). The Nasdaq has been doing worse in 2022, it has been passing it by 6%.

\\n\",\"\\n

Friday Walmart went up and closed at $146.44

\\n

(Last update 1:31am EST, February 19, 2023)

\\n

\\n

Friday at a glance: Walmart rallied $2.17 (1.5%) deep into the session, reaching $146.44. The trading volume was 8.26 million, which is above the daily average of 5.45 million.

\\n

Walmart is scheduled to announce earnings results Tuesday. The consensus EPS estimate is 1.52 and the consensus revenue estimate is $159.26 billion.

\\n

Walmart could be slowing down soon as it approaches resistance at $147.23. Of course, crossing it might suggest further gains are ahead. Although up today, it's worth noting that earlier Walmart dropped below the 5 day Simple Moving Average as it was trading at $145.19, usually an indication that a negative trend is ahead. A slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at $147.35 – a high enough level to usually suggest Walmart is trading above its value. 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

Overall, looking at the technical analysis landscape, it seems like a reverse of course (in the short term) might be next for Walmart.

\\n

The company's market cap is $394.92 billion hitting its yearly low ($144.57) 8 months ago, the discount department and warehouse stores chain has bounced back 21.96% since. So far in 2022, it has been under-performing the Dow by 0.04%.

\\n

\\n
\\n

Barnes & Noble will launch a $40-a-year membership, following the lead of https://t.co/KUZV6DVpXq and Walmart https://t.co/vJCiiRBdgc

\\n

— The Wall Street Journal (@WSJ) February 18, 2023

\\n

\\n

\\n\",\"\\n

Friday Procter & Gamble went up and closed at $140

\\n

(Last update 1:31am EST, February 19, 2023)

\\n

\\n

Friday at a glance: the consumer goods corporation went up to $140, gaining 2.09%. The trading volume was 8 million; slightly above the daily average of 7 million.

\\n

At $139.34, Procter & Gamble made an initial breakout above 10 day Simple Moving Average, an indication of a positive trend. Despite this, Procter & Gamble could be slowing down soon as it approaches resistance at $141.16. Of course, crossing it might suggest further gains are ahead.

\\n

Examining the technical analysis landscape, Procter & Gamble might continue its downtrend in the short term.

\\n

Procter & Gamble's market cap is currently $330.30 billion the year 2022 has not been the best for the consumer goods company, it lost 7.77% of its value. So far in 2022, it has been doing worse than the Dow by 9.82%.

\\n\",\"\\n

Walt Disney lost 0.58% Friday, closed at $105.22

\\n

(Last update 1:31am EST, February 19, 2023)

\\n

\\n

A quick look at Friday: the entertainment giant​ recovered some, but not quite all the way back to $105.83​ after dipping down to $103.88​ Friday. Trading volume (9.49 million) was slightly below the latest 21 day average volume by 71%.

\\n

Important graph levels to look out for: Walt Disney bounced after reaching the $104.13 support zone, climbing $1.09 above 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. Asset volatility analysis shows that Bollinger bands shows an indication of recovery: the lower band is at $104.13, a low enough level to, generally, suggest that Walt Disney is trading below its value.

\\n

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

\\n

The company has a market cap of $192.22 billion hitting its yearly low ($103.88) a month ago, the entertainment and content production company has bounced back 25.73% since. The Dow has been doing worse in 2022, it has been passing it by 16.09%.

\\n\",\"\\n

Coca-Cola ended Friday at $60.12, a 1.52% increase

\\n

(Last update 1:31am EST, February 19, 2023)

\\n

\\n

A quick look at Friday: after closing Friday at $59.22, the soft drink company went up to $60.23 only to drop some of the way and close at $60.12. Slightly greater than the daily average of 14.17 million, Coca-Cola traded with a volume of 16.81 million Friday.

\\n

At $60.16, Coca-Cola made an initial breakout above 21 day Simple Moving Average, an indication of a positive trend. Despite this, Coca-Cola could be slowing down soon as it approaches resistance at $60.44. Of course, crossing it might suggest further gains are ahead.

\\n

Examining the technical analysis landscape, Coca-Cola might continue its downtrend in the short term.

\\n

Coca-Cola's market cap is currently $260.20 billion the year 2022 has not been the best for the soft drinks giant, it lost 4.56% of its value. So far in 2022, it has been doing worse than the Dow by 6.61%.

\\n

\\n
\\n

Citi says buy Coca-Cola as beverage giant emerges stronger post-Covid https://t.co/tWIMiReeZ2

\\n

— CNBC (@CNBC) February 17, 2023

\\n

\\n

\\n\",\"\\n

Friday Pfizer went up and closed at $43.21

\\n

(Last update 1:31am EST, February 19, 2023)

\\n

\\n

A quick look at Friday: the pharmaceuticals and biotechnology company went up to $43.21, gaining 0.61%. Trading volume (18.29 million) was slightly below the latest 21 day average volume by 77%.

\\n

At $43.33, Pfizer made an initial breakout above 3 day Simple Moving Average, an indication of a positive trend. Pfizer's lower Bollinger band is at $42.84, indicating further gains might be next. "Bullish engulfing”, 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, Pfizer could be slowing down soon; it is getting close to the resistance line and is now at $43.53, only 32 cents away. Crossing the resistance line could, however, suggest that further gains are ahead. 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

Even though Pfizer went up today, technical analysis indicates that Pfizer might continue its recent downtrend in the short term.

\\n

The company has a market cap of $242.55 billion the year 2022 has not been the best for the multinational pharma juggernaut, it lost 15.78% of its value. So far in 2022, it has been doing worse than the Dow Jones by 17.83%.

\\n

\\n
\\n

The need to store Pfizer and Moderna covid vaccines at ultra-cold temperatures is not ideal, especially in countries with dodgy electricity sup­plies and a lack of technicians to keep freezers in tip-­top condition https://t.co/uRMyxGDxEH

\\n

— The Economist (@TheEconomist) February 19, 2023

\\n

\\n

\\n\",\"\\n

McDonald's went up by 1.56%, ended Friday at $270

\\n

(Last update 1:16am EST, February 19, 2023)

\\n

\\n

A quick look at Friday: the fast food giant went up to $270, gaining 1.56%. Passing the daily average of 2.88 million, McDonald's traded at 3 million Friday.

\\n

Chart pattern study shows McDonald's could be slowing down soon as it approaches resistance at $271.54. Of course, crossing it might suggest further gains are ahead. Trend indicators show us that at $267.92, McDonald's made an initial breakout above 50 day Simple Moving Average, an indication of a positive trend. 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 $274.12 – a high enough level to usually suggest McDonald's is trading above its value.

\\n

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

\\n

McDonald's has a market cap of $197.75 billion the fast food company is now trading 19.74% above its yearly low ($270) that it has slumped into 11 months ago. So far in 2022, it has performed better than the Dow by 0.13%.

\\n\",\"\\n

Bitcoin up $109.08, trading around $24,749

\\n

(Last update 1:16am EST, February 19, 2023)

\\n

\\n

Bitcoin posts light gains on a low-volatility day, ranging between $24,800 and $24,640 and is now at $24,749.

\\n

A chart visual study suggests Bitcoin could be slowing down soon as it approaches resistance at $24,766. 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, Bitcoin's upper Bollinger band is at $25,181, this is a slight indication of a slowdown.

\\n

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

\\n

Bitcoin is currently trading with a market cap of 477.54 billion Bitcoin gained 48.19% so far this year (2022).

\\n\",\"\\n

Steady CME Gold holds at $1,851.3 per ounce

\\n

(Last update 1:16am EST, February 19, 2023)

\\n

\\n

Friday at a glance: CME Gold recovered back to $1,851.3 per ounce after dipping down to $1,827.7, in a session that followed Thursday's $1,851.8 close value.

\\n

Gold broke through the $1,829.37 support line and dropped $21.93 below it. At $1,847.73, Gold made an initial breakout above 3 day Simple Moving Average, an indication of a positive trend.

\\n

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

\\n

Gold is now trading 14.08% above its yearly low ($1,853) that it has slumped into 4 months ago.

\\n

\\n
\\n

Under court order, the FBI released photos, maps and other records of its secretive search for Civil War-era gold. A treasure hunter who has spent countless hours studying the records says they simply don't add up and claims a coverup. https://t.co/Y58cIQeWj1

\\n

— The Associated Press (@AP) February 18, 2023

\\n

\\n

\\n\",\"\\n

WTI crude oil lost 2.75% Friday, ending at $76.33 per barrel

\\n

(Last update 1:16am EST, February 19, 2023)

\\n

\\n

A quick look at Friday: WTI crude went dark red after losing $2.16, tumbling down to $76.33 per barrel.

\\n

Important graph levels to look out for: WTI crude might start to recover soon because it is getting close to its support line— now only $1.49 away at $74.84. Dipping below could be an indication that further losses are ahead. In terms of trend indicators, we can see that at $77.58, West Texas crude made an initial breakout below the 50 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 $73.88, a low enough level to, generally, suggest that West Texas crude is trading below its value.

\\n

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

\\n

US crude oil is now trading 37.09% below its yearly high ($78.25) that it held 11 months ago.

\\n\",\"\\n

The Euro reached 1.0694 after gaining 0.19% Friday

\\n

(Last update 1:16am EST, February 19, 2023)

\\n

\\n

A quick look at Friday: Euro-Dollar recovered from the previous trading session's losses and went up to 1.0694 Friday after it traded lower at 1.0617.

\\n

The Euro's lower Bollinger band is at 1.0611, indicating further gains might be next.

\\n

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

\\n

The Euro is up 11.22% on its yearly low (1.0617) that i hit 4 months ago.

\\n\",\"\\n

The Pound reached 1.2042 after gaining 0.48% Friday

\\n

(Last update 2:11am EST, February 19, 2023)

\\n

\\n

A quick look at Friday: GBP/USD recovered from the previous trading session's losses and went up to 1.2042 Friday after it traded lower at 1.1916.

\\n

Chart pattern study shows Sterling-Dollar flirting with the 1.2 immediate resistance line.

\\n

The Pound is now trading 17.71% above its yearly low (1.2048) that it has slumped into 4 months ago.

\\n\",\"\\n

Dollar/Yen reached 134.16 after gaining 0.16% Friday

\\n

(Last update 2:11am EST, February 19, 2023)

\\n

\\n

A quick look at Friday: after finishing Thursday at 133.95, Dollar/Yen went up to 135.12 only to drop some of the way, closing at 134.16 Friday.

\\n

The MACD line is significantly above the MACD signal line, meaning the medium-term trend might turn negative. A slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at 134.58 – a high enough level to usually suggest Dollar/Yen is trading above its value. On the other hand, note 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.

\\n

Overall, looking at the technical analysis landscape, it seems like a reverse of course (in the short term) might be next for Dollar/Yen.

\\n

4 months ago Dollar/Yen has hit its yearly high point of 135.12, since than it lost 10.76%.

\\n\",\"\\n

After four days of going up, Dollar-Swiss went down 14 pips Friday and closed at 0.9241, indicating a potential change of course

\\n

(Last update 2:11am EST, February 19, 2023)

\\n

\\n

A quick look at Friday: after ending Thursday at 0.9256, Dollar-Swiss went up to 0.9332 only to drop back to its starting point and close at 0.9241.

\\n

Dollar-Swiss fell below the 0.9248 support zone and receded 6 pips away from it, next resistance level is at 0.9242.

\\n

Dollar-Swiss is now trading 1.85% above its yearly low (0.9332) that it has slumped into 18 days ago.

\\n\",\"\\n

Stable day for Aussie-Dollar, parking at 0.6879

\\n

(Last update 2:11am EST, February 19, 2023)

\\n

\\n

Friday at a glance: Aussie-Dollar failed to recover all the way to 0.688 after dipping down to 0.6883, and closed at 0.6879.

\\n

Despite this, although the Australian dollar is pointing down today (was as low as 0.6883), it's climbing away from the 0.6849 support line and is now 29 pips above it.

\\n

4 months ago Aussie-Dollar has hit its twelve month low point of 0.6883, since than it recovered back 10.72%.

\\n\\n\"],\"title\":\"Financial Markets Review – 19 February 2023 – 02:11:39\",\"date\":\"2023-02-19T07:11:39\"}"; var omg_ads = JSON.parse(decodeHtml(omg_ads_string)); } catch (e) { var omg_ads = JSON.parse(omg_ads_string); }