\\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

Yesterday Amazon went up and closed at $94.9

\\n

(Last update 11:32pm EST, March 3, 2023)

\\n

\\n

A quick look at yesterday: Jeff Bezos’s company went up to $94.9, gaining 3%. Trading volume (51.79 million) was slightly below the latest 21 day average volume by 75%.

\\n

At $94.26, Amazon made an initial breakout above 50 day Simple Moving Average, an indication of a positive trend. In contrast, Amazon could be slowing down soon; it is getting close to the resistance line and is now at $95.67, only 77 cents away. Crossing the resistance line could, however, suggest that further gains are ahead.

\\n

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

\\n

The company has a market cap of $972.47 billion 11 months ago the tech and retail multifaceted giant has hit its yearly high point of $94.94, since than it lost 45.59%. So far in 2022, it has been under-performing the Nasdaq by 0.43%.

\\n

\\n
\\n

Amazon’s decision to pause plans on its second headquarters in Virginia is the latest reminder that the tech industry’s long boom has slowed, @kyweise and @loracorkelley write. https://t.co/B5WPB3YiMM

\\n

— NYT Business (@nytimesbusiness) March 4, 2023

\\n

\\n

\\n\",\"\\n

Yesterday Microsoft went up and closed at $255.29

\\n

(Last update 11:43pm EST, March 3, 2023)

\\n

\\n

Yesterday at a glance: the software giant went up to $255.29, gaining 1.66%. The trading volume was 24.45 million which was slightly below the daily average of 31.69 million.

\\n

At $252.63, Microsoft made an initial breakout above 200 day Simple Moving Average, an indication of a positive trend. The MACD line is significantly below the MACD signal line, meaning this medium-term trend might turn positive. On the other hand, note that Microsoft could be slowing down soon; it is getting close to the resistance line and is now at $256.81, only $1.52 away. Crossing the resistance line could, however, suggest that further gains are ahead.

\\n

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

\\n

The company's market cap is $1.90 trillion the software giant has hit is lowest yearly rate ($251.39) 3 months ago, since then it has recovered 17.2%. So far in 2022, it has been doing worse than the Nasdaq by 4.69%.

\\n

\\n
\\n

Microsoft and Google are racing ahead in AI, but the efforts have failed to pay off for investors https://t.co/aOEIyg3VLm

\\n

— Bloomberg Markets (@markets) March 3, 2023

\\n

\\n

\\n\",\"\\n

Yesterday Google went up and closed at $94

\\n

(Last update 11:43pm EST, March 3, 2023)

\\n

\\n

Yesterday at a glance: the leading search engine company went up to $94, gaining 1.85%. The trading volume was 28.57 million, which is below the daily average of 38.46 million.

\\n

Despite this, Google could be slowing down soon; it is getting close to the resistance line and is now at $94.53, only 51 cents away. Crossing the resistance line could, however, suggest that further gains are ahead.

\\n

The company's market cap is $1.20 trillion the leading search engine company is now trading 35.74% below its yearly high ($94.11) that it held 10 months ago. So far in 2022, it has been under-performing the Nasdaq by 6.45%.

\\n

\\n
\\n

Alphabet’s Google is legally the boss of YouTube contract staff and must collectively bargain with the workers if they vote to unionize, a labor board official ruled https://t.co/WzT8MJikCO

\\n

— Bloomberg (@business) March 3, 2023

\\n

\\n

\\n\",\"\\n

Yesterday Tesla increased by 3.61%, ended the session at $197.79

\\n

(Last update 11:43pm EST, March 3, 2023)

\\n

\\n

Yesterday at a glance: Elon Musk's EV company closed Thursday at $190.9. yesterday, it gained 3.61% and remained around $197.79. The trading volume was 151.86 million which was slightly under the daily average of 185.92 million.

\\n

At $199.5, Tesla made an initial breakout above 21 day Simple Moving Average, an indication of a positive trend. Tesla's lower Bollinger band is at $189.66, indicating further gains might be next. On the other hand, note that Tesla could be slowing down soon as it approaches resistance at $201.22. Of course, crossing it might suggest further gains are ahead.

\\n

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

\\n

The company's market cap is $625.83 billion Elon Musk's EV company gained 88.62% so far this year (2022). So far in 2022, it has performed better than the Nasdaq by 77.26%.

\\n\",\"\\n

Zoom hovers around $70.81

\\n

(Last update 11:43pm EST, March 3, 2023)

\\n

\\n

A quick look at yesterday: a mostly flat day for Zoom as it ranged between $71.41 and $68.94 and closed at $70.81. The trading volume was slightly under the latest 21 day average volume at 4.25 million (81% of average).

\\n

Zoom reported mixed earnings results Monday, with EPS at -0.47 and revenues at $1.12 billion. Since the release of its earnings report, Zoom lost 4.22%.

\\n

Chart pattern study shows Zoom might start to recover soon because it is getting close to its support line— now only $2.91 away at $67.9. Dipping below could be an indication that further losses are ahead. 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, Zoom's lower Bollinger band is at $67.97, indicating a positive move might be next.

\\n

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

\\n

Zoom's market cap is currently $20.70 billion 11 months ago the US video tech company has hit its yearly high point of $71.41, since than it lost 44.06%. So far in 2022, it has been under-performing the Nasdaq by 5.12%.

\\n\",\"\\n

Netflix went up by 1.06%, ended yesterday at $315.18

\\n

(Last update 11:43pm EST, March 3, 2023)

\\n

\\n

Yesterday at a glance: after ending Thursday at $311.88, Netflix spiked to $317.38 yesterday, dropped back to starting point range, and rallied again to $315.18. The trading volume was 5.81 million — slightly below the daily average of 6.23 million.

\\n

At $315.83, Netflix made an initial breakout above 3 day Simple Moving Average, an indication of a positive trend. Despite this, although Netflix is green today and was as high as $317.38, it seems to be slowing down slightly and moving away from the $318.17 resistance line, and is now $3 below it.

\\n

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

\\n

The company has a market cap of $140.36 billion the streaming heavyweight is now trading 87.46% above its yearly low ($317.38) that it has slumped into 9 months ago. So far in 2022, it has been doing worse than the Nasdaq by 4.42%.

\\n\",\"\\n

Steady Walmart holds at $140.67

\\n

(Last update 11:32pm EST, March 3, 2023)

\\n

\\n

A quick look at yesterday: Walmart closed at $140.67 with no clear-cut direction and ranged between $141.19 and $139.77. The trading volume was 4.74 million — slightly under the daily average of 6.36 million.

\\n

After reaching the $139.9 support zone, Walmart bounced and climbed 77 cents above it. Walmart's lower Bollinger band is at $138.18, indicating a positive move might be next.

\\n

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

\\n

Walmart's market cap currently stands at $379.36 billion the discount department and warehouse stores chain has lost 8.2% over the last 2 months. So far in 2022, it has been doing worse than the Dow by 2.81%.

\\n\",\"\\n

Procter & Gamble continued a four day positive streak, up 0.73% to $140.95.

\\n

(Last update 11:32pm EST, March 3, 2023)

\\n

\\n

A quick look at yesterday: Thursday closed at $139.93 for Procter & Gamble; yesterday it jumped to $141.24, slid back to starting point range, yet ended the day $140.95. Trading volume (4.25 million) was slightly under the latest 21 day average volume by 67%.

\\n

Procter & Gamble could be slowing down soon; it is getting close to the resistance line and is now at $141.47, only 52 cents away. Crossing the resistance line could, however, suggest that further gains are ahead. Procter & Gamble's upper Bollinger band is at $141.84, this is a slight indication of a slowdown.

\\n

Examining the technical analysis landscape, Procter & Gamble is likely to reverse course and start pointing downward in the short term.

\\n

The company's market cap is $332.52 billion the year 2022 has not been the best for the consumer goods corporation, it lost 7.05% of its value. So far in 2022, it has been doing worse than the Dow Jones by 7.82%.

\\n\",\"\\n

Yesterday Walt Disney increased by 2.24%, ended the session at $101.14

\\n

(Last update 11:32pm EST, March 3, 2023)

\\n

\\n

A quick look at yesterday: Walt Disney rallied 2.24% and ended the session at $101.14. The trading volume was 6.53 million which was under the daily average of 12.63 million.

\\n

At $99.88, Walt Disney made an initial breakout above 50 day Simple Moving Average, an indication of a positive trend. On the other hand, note that Walt Disney could be slowing down soon; it is getting close to the resistance line and is now at $101.92, only 78 cents away. Crossing the resistance line could, however, suggest that further gains are ahead.

\\n

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

\\n

Walt Disney is currently trading with a market cap of $184.76 billion the entertainment and content production company is now trading 17.52% above its yearly low ($101.18) that it has slumped into 2 months ago. So far in 2022 it has been beating the Dow Jones by 13.26%.

\\n\",\"\\n

Coca-Cola lost 0.47% yesterday, closed at $59.44

\\n

(Last update 11:32pm EST, March 3, 2023)

\\n

\\n

A quick look at yesterday: the soft drink company​ recovered some, but not quite all the way back to $59.72​ after dipping down to $59.21​ yesterday. The trading volume was 10.41 million, which is below the daily average of 13.73 million.

\\n

Although Coca-Cola is down today and was as low as $59.21, it seems to be recovering slightly and climbing away from the $59.2 support line and is now 24 cents above it. Although down today, it's worth noting that in earlier trading Coca-Cola peaked above the $59.55 5 day Simple Moving Average, usually an indication that a positive move might be approaching. Bollinger bands shows an indication of recovery: the lower band is at $59, a low enough level to, generally, suggest that Coca-Cola is trading below its value. On the other hand, note that "bearish harami”, whenever it appears on top of a bullish overall trend, some traders would consider this as an indication of a trend reversal.

\\n

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

\\n

Coca-Cola's market cap currently stands at $257.18 billion the year 2022 has not been the best for the soft drinks giant, it lost 5.55% of its value. So far in 2022, it has been doing worse than the Dow by 6.32%.

\\n\",\"\\n

Pfizer gained 1.3% yesterday and ended up at $41.15

\\n

(Last update 11:32pm EST, March 3, 2023)

\\n

\\n

A quick look at yesterday: the multinational pharma juggernaut closed Thursday at $40.62. yesterday, it gained 1.3% and remained around $41.15. The trading volume was 18.29 million, which is below the daily average of 20.96 million.

\\n

A chart visual study suggests Pfizer could be slowing down soon as it approaches resistance at $41.31. Of course, crossing it might suggest further gains are ahead. In terms of trend indicators, we can see that although up today, it's worth noting that earlier Pfizer dropped below the 5 day Simple Moving Average as it was trading at $40.78, usually an indication that a negative trend is 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.

\\n

Overall, while Pfizer 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 $231.22 billion the year 2022 has not been the best for the pharmaceuticals and biotechnology company, it lost 19.93% of its value. So far in 2022, it has been doing worse than the Dow Jones by 20.7%.

\\n\",\"\\n

Yesterday McDonald's went up and closed at $269.07

\\n

(Last update 12:01am EST, March 4, 2023)

\\n

\\n

A quick look at yesterday: after ending Thursday at $267.57, McDonald's went up to $269.38 only to drop back, yet still traded well overall and closed at $269.07 yesterday. The trading volume was below the latest 21 day average volume at 1.79 million (65% of average).

\\n

McDonald's could be slowing down soon as it approaches resistance at $270.23. Of course, crossing it might suggest further gains are ahead. Even though McDonald's is up today, it is worth noting that earlier it dropped below 50 day Simple Moving Average and was trading at $266.73, a possible sign that a negative trend is ahead. A slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at $271.17 – a high enough level to usually suggest McDonald's is trading above its value.

\\n

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

\\n

McDonald's is currently trading with a market cap of $197 billion the fast food company is now trading 20.53% above its yearly low ($269.38) that it has slumped into 11 months ago. The Dow has been doing worse in 2022, it has been passing it by 1.03%.

\\n\",\"\\n

Steady Bitcoin holds at $22,350

\\n

(Last update 12:01am EST, March 4, 2023)

\\n

\\n

Bitcoin is trading steadily today, ranging between $22,400 and $22,346 and is now at $22,350.

\\n

A chart visual study suggests Bitcoin might start to recover soon because it is getting close to its support line— now only $479.88 away at $21,870. Dipping below could be an indication that further losses are ahead. 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, Bitcoin's lower Bollinger band is at $21,700, indicating a positive move might be next.

\\n

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

\\n

Bitcoin is currently trading with a market cap of 431.52 billion Bitcoin gained 34% so far this year (2022).

\\n

\\n
\\n

Bitcoin falls 5.2% to $22,253 https://t.co/7WMpuenHQR pic.twitter.com/BBpijkxMs0

\\n

— Reuters (@Reuters) March 4, 2023

\\n

\\n

\\n\",\"\\n

Gold reached $1,862.8 per ounce after gaining 1.21% yesterday

\\n

(Last update 12:01am EST, March 4, 2023)

\\n

\\n

Yesterday at a glance: Gold spiked to $1,862.8 per ounce, gaining $22.3.

\\n

Important graph levels to look out for: Gold could be slowing down soon; it is getting close to the resistance line and is now at $1,870.8, only $8 away. Crossing the resistance line could, however, suggest that further gains are ahead. In terms of trend indicators, we can see that at $1,849.33, CME Gold made an initial breakout above 21 day Simple Moving Average, an indication of a positive trend. Asset volatility analysis shows that CME Gold's upper Bollinger band is at $1,877.32, this is a slight indication of a slowdown.

\\n

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

\\n

5 months ago Gold has hit its twelve month low point of $1,842, since than it recovered back 13.38%.

\\n\",\"\\n

US crude oil up five days in a row, gaining $1.69, closing at $79.85.

\\n

(Last update 12:01am EST, March 4, 2023)

\\n

\\n

Yesterday at a glance: West Texas crude rallied $1.69 (2.16%) deep into the session, reaching $79.85 per barrel.

\\n

WTI crude could be slowing down soon; it is getting close to the resistance line and is now at $81.22, only $1.37 away. Crossing the resistance line could, however, suggest that further gains are ahead. Even though West Texas crude is up today, it is worth noting that earlier it dropped below 50 day Simple Moving Average and was trading at $77.62, a possible sign that a negative trend is ahead. WTI crude oil's upper Bollinger band is at $80.65, this is a slight indication of a slowdown.

\\n

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

\\n

11 months ago WTI crude oil has hit its yearly high point of $79.9, since than it lost 37.36%.

\\n\",\"\\n

Euro-Dollar reached 1.0634 after gaining 0.28% yesterday

\\n

(Last update 12:01am EST, March 4, 2023)

\\n

\\n

Yesterday at a glance: Euro-Dollar closed yesterday at 1.0634 (with a daily low of 1.0593) after ending Thursday at 1.0604 and gaining 0.28%.

\\n

At 1.0621, the Euro made an initial breakout above 10 day Simple Moving Average, an indication of a positive trend.

\\n

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

\\n

The Euro is now trading 10.5% above its yearly low (1.0643) that it has slumped into 5 months ago.

\\n\",\"\\n

The Pound reached 1.2044 after gaining 0.84% yesterday

\\n

(Last update 12:11am EST, March 4, 2023)

\\n

\\n

A quick look at yesterday: Sterling-Dollar went up to 1.2044 yesterday, gaining 0.84%.

\\n

At 1.2019, Sterling-Dollar made an initial breakout above 10 day Simple Moving Average, an indication of a positive trend.

\\n

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

\\n

Hitting its yearly low (1.1944) 5 months ago, the Pound has bounced back 17.31% since.

\\n\",\"\\n

Dollar/Yen lost 0.65% yesterday, ending at 135.83

\\n

(Last update 12:11am EST, March 4, 2023)

\\n

\\n

Yesterday at a glance: Dollar/Yen went dark red after losing 89 pips, tumbling down to 135.83.

\\n

At 136.32, Dollar/Yen 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 Dollar/Yen is likely to start pointing downward in the short term.

\\n

4 months ago Dollar/Yen has hit its yearly high point of 136.77, since than it lost 8.92%.

\\n

\\n
\\n

USD/JPY continues to poke and prod at key technical levels this weekhttps://t.co/qHCbUlzPtf

\\n

— ForexLive (@ForexLive) March 3, 2023

\\n

\\n

\\n\",\"\\n

Dollar-Swiss lost 0.6% yesterday, ending at 0.9361

\\n

(Last update 12:11am EST, March 4, 2023)

\\n

\\n

A quick look at yesterday: Dollar-Swiss went dark red after losing 56 pips, tumbling down to 0.9361.

\\n

Dollar-Swiss fell below the 0.9412 support zone and receded 50 pips away from it. At 0.94, Dollar-Swiss 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 Dollar-Swiss is likely to continue pointing down in the short term.

\\n

Dollar-Swiss is now trading 3.64% above its yearly low (0.9422) that it has slumped into a month ago.

\\n\",\"\\n

Aussie-Dollar reached 0.6769 after gaining 0.54% yesterday

\\n

(Last update 12:11am EST, March 4, 2023)

\\n

\\n

Yesterday at a glance: after finishing Thursday at 0.6733, the Australian dollar went up to 0.6777 only to drop some of the way, closing at 0.6769 yesterday.

\\n

At 0.6772, the Australian dollar made an initial breakout above 200 day Simple Moving Average, an indication of a positive trend.

\\n

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

\\n

Aussie-Dollar is up 8.36% on its yearly low (0.6729) that i hit 4 months ago.

\\n\\n\"],\"title\":\"Financial Markets Review – 4 March 2023 – 00:11:35\",\"date\":\"2023-03-04T05:11:35\"}"; var omg_ads = JSON.parse(decodeHtml(omg_ads_string)); } catch (e) { var omg_ads = JSON.parse(omg_ads_string); }