\\n
\\n\",\"\\n(Last update 9:52am EST, March 16, 2021)
\\n\\nThe Dow Jones got off to a flat start to the new session, trading at 32,900.
\\nAs the day gets underway, a chart visual study suggests the Dow nearest support level is at 31,962. In terms of trend indicators, we can see that the MACD line is above the MACD signal line significantly, 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. Momentum evaluation shows The Relative Strength Index indicates the Dow is in overbought condition. Asset volatility analysis shows that the upper Bollinger band is at 32,957, indicating a downward move might be next.
\\nOverall, technical indicators suggest the Dow has no obvious direction for the immediate future.
\\nThe Dow started 2021 by gaining 7.12%.
\\n\\n
\\n\\n\\n\\n\",\"\\nWhat to watch today: Stock futures mixed after Dow, S&P 500 closed at record highs again https://t.co/wjKo7xWWd4
\\n— CNBC (@CNBC) March 16, 2021
(Last update 9:52am EST, March 16, 2021)
\\n\\nAfter opening at 3,969, S&P 500 gained 8.27 points, hitting a fresh record high of 3,978.38.
\\nAs the day gets underway, a chart visual study suggests the S&P 500 immediate resistance is around 3,984.83, nearest support level is at 3,934.83. In terms of trend indicators, we can see that the MACD line is above the MACD signal line significantly, meaning the medium-term trend might turn negative. Asset volatility analysis shows that the upper Bollinger band is at 3,994.83, This is a slight indication of a slowdown. 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.
\\nOverall, looking at the technical analysis landscape, it seems a reverse of course in the short term might be next for S&P
\\nThe S&P started 2021 by gaining 5.36%.
\\n\",\"\\n(Last update 9:52am EST, March 16, 2021)
\\n\\nApple is up to $125.91 having started the day at $125.7, overall a 1.55% move or $1.91 today.
\\nAs the day got underway, a chart visual study suggested the nearest resistance level was at $143.16. In terms of trend indicators, we can see that the MACD line is above the MACD signal line significantly, meaning the medium-term trend might turn negative.
\\nOverall, looking at the technical analysis landscape, it seems Apple is likely to reverse course and start pointing down in the short term.
\\nWith a market cap of $2.11 trillion, The mobile and tech colossus has started 2021 by losing 7%. So far this year it is under-performing the S&P 500 by 12.38%.
\\n\\n
\\n\\n\\n\\n\",\"\\nThe chart on Apple’s stock seems to suggest that shares have reached a pivotal moment. The Apple Maven highlights two patterns and discusses what they could mean for investors and traders.$AAPL #Apple #Stocks #StocksToWatch #TechStocks @TheStreethttps://t.co/nVn7ZUBnfQ
\\n— The Apple Maven (@AppleMaven) March 16, 2021
(Last update 9:52am EST, March 16, 2021)
\\n\\nAfter opening at $273.75, Mark Zuckerberg's company reached $279.08, breaking a 6 week record. Later, it lost 91 cents and is now trading at $278.16.
\\nIn 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 Facebook has just crossed the upper Bollinger band at $277.28, indicating further gains might be next. However, Facebook is eyeing resistance at $282.05 and is now only $3.89 away, whilst this indicates a slow down or reverse of direction around $282.05, crossing it might suggest a prolonged positive move.
\\nOverall, looking at the technical analysis landscape, it seems Facebook is likely to continue pointing upward in the short term.
\\nWith a market cap of $792.11 billion, Mark Zuckerberg's company started in 2021 by gaining 0.22%. So far this year it is under-performing the S&P 500 by 5.14%.
\\n\\n
\\n\\n\\n\\n\",\"\\n$FB | Facebook Explores Paid Deals For New Publishing Platform – Axios https://t.co/RPyv4f9OOB
\\n— LiveSquawk (@LiveSquawk) March 16, 2021
(Last update 9:52am EST, March 16, 2021)
\\n\\nAmazon is up to $3,113.32 having started the day at $3,105, overall a 1.03% move or $31.64 today.
\\nAs the day got underway, a chart visual study suggested the nearest resistance level was at $3,380. In terms of trend indicators, we can see that at $3,112, Amazon made an initial breakout above the 200 day Simple Moving Average, an indication of a positive trend.
\\nOverall, looking at the technical analysis landscape, it seems Amazon might continue pointing upwards in the short term.
\\nWith a market cap of $1.57 trillion, The tech and retail multifaceted giant has started 2021 by losing 5.69%. So far this year it is under-performing the S&P 500 by 11.05%.
\\n\\n
\\n\\n\\n\\n\",\"\\nAmazon has always fought against unionizing efforts. It will likely not easily accept it if workers in an Alabama warehouse vote to form one https://t.co/rf1Fnl0W49
\\n— Businessweek (@BW) March 16, 2021
(Last update 9:41am EST, March 16, 2021)
\\n\\nMicrosoft is up to $236.82 having started the day at $236.28, overall a 0.86% move or $2 today.
\\nAs the day gets underway, a chart visual study suggests the nearest resistance level is at $245. In terms of trend indicators, we can see that the MACD line is above the MACD signal line significantly, meaning the medium-term trend might turn negative. Asset volatility analysis shows that a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at $239.77 – a high enough level to usually suggest Microsoft is trading above its value. Japanese Candlesticks formations detected today are the "bearish harami”, Whenever it appears on top of a bullish overall trend, some traders would consider this as an indication of a reversal, of course.
\\nOverall, looking at the technical analysis landscape, it seems Microsoft is likely to reverse course and start pointing down in the short term.
\\nWith a market cap of $1.79 trillion, The software giant started in 2021 by gaining 5.28%. So far this year it is under-performing the Dow Jones by 1.84%.
\\n\",\"\\n(Last update 9:41am EST, March 16, 2021)
\\n\\nAlphabet is up to $2,095.59 having started the day at $2,079, overall a 1.41% move or $29.1 today.
\\nAs the day gets underway, a chart visual study suggests Google could be slowing down soon because it is getting close and is now only $32.72 from the resistance line at $2,128.31, yet crossing it might suggest further gains are ahead. Asset volatility analysis shows that the upper Bollinger band is at $2,123.81, This is a slight indication of a slowdown.
\\nOverall, looking at the technical analysis landscape, it seems Google is likely to reverse course and start pointing down in the short term.
\\nWith a market cap of $1.41 trillion, The leading search engine company started in 2021 by gaining 15.22%. So far this year it is outperforming the S&P by 9.86%.
\\n\\n
\\n\\n\\n\\n\",\"\\nGoogle unveils new Nest Hub that can track your sleep with radar https://t.co/CzfUhbecWC
\\n— CNBC (@CNBC) March 16, 2021
(Last update 9:41am EST, March 16, 2021)
\\n\\nTesla is down to $698.67 having started the day at $694.09, overall a 1.31% loss or $9.27 today.
\\nAs the day got underway, a chart visual study suggests Tesla's nearest support level is at $563.
\\nWith a market cap of $670.62 billion, Elon Musk's electric cars company started in 2021 by gaining 0.32%. So far this year it is under-performing the Nasdaq by 3.93%.
\\n\\n
\\n\\n\\n\\n\",\"\\nVolkswagen is deploying its industry and government connections, its financial resources, and its eight decades of manufacturing expertise to keep Tesla from eating its lunch, @JackEwingNYT writes https://t.co/HNV2EO4hq3
\\n— NYT Business (@nytimesbusiness) March 16, 2021
(Last update 9:41am EST, March 16, 2021)
\\n\\nZoom is trading at $352.2 having started the day at $352, overall a 0.63% move or $2.2 today.
\\nAs the day gets underway, a chart visual study suggests Zoom's resistance level is at $364.73. In terms of trend indicators, we can see that medium-term trend indications have 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. Asset volatility analysis shows that the upper Bollinger band is at $373.08, indicating a downward move might be next.
\\nOverall, the technical analysis suggests Zoom is neutral for the immediate future, with no clear-cut direction.
\\nWith a market cap of $102.80 billion, The video communications platform provider started in 2021 by gaining 3.62%. So far this year it is under-performing the Nasdaq by 0.63%.
\\n\\n
\\n\\n\\n\\n\",\"\\nAs the world changed, Zoom emerged as one of the leading tools to keep businesses afloat, students in school and friends and family connected—making its CEO and founder, Eric Yuan a billionaire https://t.co/u2iGkOO0JJ #ForbesBillionaires pic.twitter.com/dVMzZDfnBO
\\n— Forbes (@Forbes) March 16, 2021
(Last update 9:41am EST, March 16, 2021)
\\n\\nNetflix is up to $527.04 having started the day at $524.47, overall a 1.31% move or $6.79 today.
\\nAs the day got underway, a chart visual study suggested the nearest resistance level was at $586.34. Asset volatility analysis shows that the upper Bollinger band is at $543.95, This is a slight indication of a slowdown.
\\nOverall, looking at the technical analysis landscape, it seems Netflix is likely to reverse course and start pointing down in the short term.
\\nWith a market cap of $233.42 billion, The streaming heavyweight started in 2021 by losing 3.94%. So far this year it is under-performing the S&P by 9.3%.
\\n\",\"\\n(Last update 10:01am EST, March 16, 2021)
\\n\\nWalmart is trading at $133.51 having started the day at $132.82, overall a 0.06% move or eight cents today.
\\nAs the day gets underway, a chart visual study suggests Walmart's resistance level is at $139.27. Asset volatility analysis shows that the upper Bollinger band is at $135.45, indicating a downward move might be next.
\\nOverall, looking at the technical analysis landscape, it seems Walmart is likely to start pointing downward in the short term.
\\nWith a market cap of $377.75 billion, The warehouse store chain company started in 2021 by losing 8.03%. So far this year it is under-performing the Dow by 15.15%.
\\n\",\"\\n(Last update 10:01am EST, March 16, 2021)
\\n\\nProcter & Gamble is up to $129.26 having started the day at $128.51, overall a 0.54% move or 69 cents today.
\\nAs the day gets underway, a chart visual study suggests Procter & Gamble immediate resistance is around $129.34, nearest support level is at $122.15. 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. Momentum evaluation shows The Relative Strength Index indicates Procter & Gamble is in overbought condition, keep an eye out for a slowdown in gains. In contrast, a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at $130.64 – a high enough level to usually suggest Procter & Gamble is trading above its value.
\\nOverall, looking at the technical analysis landscape, it seems Procter & Gamble is likely to continue pointing upward in the short term.
\\nWith a market cap of $318.30 billion, The consumer goods corporation started 2021 by losing 8.23%. So far this year it is under-performing the Dow Jones by 15.35%.
\\n\",\"\\n(Last update 10:01am EST, March 16, 2021)
\\n\\nWalt Disney is down to $194.96 having started the day at $196.1, overall a 0.91% loss or $1.8 today.
\\nAs the day gets underway, a chart visual study suggests Walt Disney might start to recover soon because it is getting close and is now only $4.05 from the support line at $190.91, Obviously, dipping below it could be an indication that further losses are ahead. In terms of trend indicators, we can see that at $194.64, Walt Disney made an initial breakout below the 10 day Simple Moving Average, an indication of a negative trend.
\\nOverall, the technical analysis suggests Walt Disney is neutral for the immediate future, with no clear-cut direction.
\\nWith a market cap of $353.90 billion, The entertainment giant started in 2021 by gaining 7.92%. So far this year it is outperforming the Dow by 0.8%.
\\n\",\"\\n(Last update 10:01am EST, March 16, 2021)
\\n\\nCoca-Cola is up to $51.28 having started the day at $51.2, overall a 0.5% move or 25 cents today.
\\nAs the day gets underway, a chart visual study suggests Coca-Cola could be slowing down soon because it is getting close and is now only 35 cents from the resistance line at $51.64, yet crossing it might suggest further gains are ahead. Asset volatility analysis shows that a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at $51.88 – a high enough level to usually suggest Coca-Cola is trading above its value.
\\nOverall, looking at the technical analysis landscape, it seems Coca-Cola is likely to reverse course and start pointing down in the short term.
\\nWith a market cap of $221.00 billion, The soft drink company started in 2021 by losing 7.47%. So far this year it is under-performing the Dow by 14.59%.
\\n\",\"\\n(Last update 10:01am EST, March 16, 2021)
\\n\\nAfter opening at $35.41, the pharmaceuticals and biotechnology company reached $35.69, breaking a 6 week record. Later, it lost seven cents and is now trading at $35.62.
\\nAs the day gets underway, a chart visual study suggests Pfizer's immediate resistance is around $35.74, nearest support level is at $33.49. In terms of trend indicators, we can see that at $35.44, Pfizer made an initial breakout above the 50 day Simple Moving Average, an indication of a positive trend. 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 The Relative Strength Index indicates Pfizer is in strong overbought condition. However, a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at $35.75 – a high enough level to usually suggest Pfizer is trading above its value.
\\nOverall, looking at the technical analysis landscape, it seems Pfizer is likely to continue pointing upward in the short term.
\\nWith a market cap of $198.69 billion, The pharmaceuticals and biotechnology company started 2021 by losing 3.95%. So far this year it is under-performing the Dow by 11.07%.
\\n\\n
\\n\\n\\n\\n\",\"\\nWe agreed with @BioNTech_Group @pfizer on an accelerated delivery of 10 million doses for quarter 2.⁰
\\n
This will bring the total deliveries of this vaccine to 200 million doses for that quarter.⁰
It will give Member States room to manoeuvre and possibly fill gaps in deliveries. pic.twitter.com/abBr3lKUXc— Ursula von der Leyen (@vonderleyen) March 16, 2021
(Last update 9:46am EST, March 16, 2021)
\\n\\nAfter opening at $220.46, the fast food company reached $220.8, breaking a 3 month record. Later, it lost 91 cents and is now trading at $219.89.
\\nAs the day gets underway, a chart visual study suggests that although McDonald's is down today and was as low as $218.71, it seems to be recovering slightly and climbing away from the $215.98 support line and is now $3.91 above it. 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. In contrast, the upper Bollinger band at $219.41, indicating a further downward move might be next.
\\nOverall, looking at the technical analysis landscape – although indicators are mixed and some are pointing in different directions, it seems McDonald's might reverse course and start pointing upward in the short term.
\\nWith a market cap of $163.94 billion, The fast food giant started in 2021 by gaining 2.67%. So far this year it is under-performing the Dow Jones by 4.45%.
\\n\",\"\\n(Last update 9:46am EST, March 16, 2021)
\\n\\nAfter starting the day at $54,361 Bitcoin went up to $56,300 only to drop back, yet is still positive overall today, trading now at $55,554.
\\nThe Chart visual study suggests Bitcoin's immediate resistance is around $60,935, nearest support level is at $45,138. In terms of trend indicators, we can see that although up today, it's worth noting that earlier, Bitcoin dropped below the 10 day Simple Moving Average as it was trading at $54,781, usually an indication that a negative trend is ahead.
\\nOverall, looking at the technical analysis landscape, it seems Bitcoin is likely to reverse course and start pointing down in the short term.
\\nWith a market cap of 1.04 trillion, Bitcoin started in 2021 by gaining 57.15%.
\\n\\n
\\n\\n\\n\\n\",\"\\nThe $5.9 trillion U.S. ETF industry is racing to win approval for the first Bitcoin fund. But whether regulators will allow it is anyone’s guess https://t.co/hwzRsMbRBT
\\n— Bloomberg Markets (@markets) March 16, 2021
(Last update 9:46am EST, March 16, 2021)
\\n\\nGold was trading at $1,730.3 with no clear-cut direction, ranging between 1,736 and $1,724.4.
\\nA study of Gold's graph shows key levels to watch: Gold's resistance level is at $1,806.7.
\\nGold started 2021 by losing 9.46%.
\\n\",\"\\n(Last update 9:46am EST, March 16, 2021)
\\n\\nCrude oil is sliding down from $65.39 to $64.3, taking a $1.09 loss (1.67%).
\\nAn analysis of the oil chart suggests oil might start to recover soon because it is getting closer and is now only 77 cents from the support line at $63.53, Obviously, dipping below it could be an indication that further losses are ahead. In terms of trend indicators, we can see that at $64.84, crude oil made an initial breakout below the 10 day Simple Moving Average, an indication of a negative trend.
\\nOverall, technical indicators suggest crude oil has no obvious direction for the immediate future.
\\nCrude oil started 2021 by gaining 24.64%.
\\n\\n
\\n\\n\\n\\n\",\"\\nColumn: China resumes storing crude oil, but rising prices may limit flows https://t.co/cKPWeq41zh pic.twitter.com/XDTAFmTsYe
\\n— Reuters (@Reuters) March 16, 2021
(Last update 9:46am EST, March 16, 2021)
\\n\\nThe EUR/USD is trading steadily today, ranging between 1.1956 and 1.1918 and is now at 1.192.
\\nA study of Euro's graph shows key levels to watch: Euro might start to recover soon because it is getting close and is now only 72 pips from the support line at 1.1848, Obviously, dipping below it could be an indication that further losses are ahead. In terms of trend indicators, we can see that at 1.1942, Euro made an initial breakout above the 10 day Simple Moving Average, an indication of a positive trend. Asset volatility analysis shows that the lower Bollinger band is at 1.181, indicating a positive move might be next.
\\nOverall, looking at the technical analysis landscape, it seems the Euro/Dollar might start pointing upward in the short term.
\\nThe Euro started 2021 by losing 2.27%.
\\n\",\"\\n(Last update 10:12am EST, March 16, 2021)
\\n\\nGBP/USD dropped 5 pips early on and is steady at the 1.3894 range.
\\nThe Chart pattern study shows the Pound/Dollar resistance level is at 1.4138. In terms of trend indicators, we can see that at 1.3815, the Pound made an initial breakout below the 50 day Simple Moving Average, an indication of a negative trend. Asset volatility analysis shows that the upper Bollinger band is at 1.4, indicating a downward move might be next.
\\nOverall, looking at the technical analysis landscape, it seems the British Pound is likely to start pointing downward in the short term.
\\nThe Pound/Dollar started in 2021 by gaining 1.83%.
\\n\\n
\\n\\n\\n\\n\",\"\\nOne in five women in the U.K. will experience sexual assault in their lifetime, and a quarter will suffer from domestic abuse. The new policing bill won’t solve the challenge of making women and girls safer, says @ThereseRaphael1 https://t.co/mHREjrkson via @bopinion
\\n— Elisa Martinuzzi (@ElisaMartinuzzi) March 16, 2021
(Last update 10:11am EST, March 16, 2021)
\\n\\nAfter starting the day at 109.13, USD/JPY rallied to 109.29, hitting its highest point in 11 months, It later lost 51 pips and is now trading at 108.78
\\nimportant graph levels to look out for: Yen's nearest support level is at 104.55. In terms of trend indicators, we can see that at 108.83, dollar/yen made an initial breakout below the 3 day Simple Moving Average, an indication of a negative trend. Asset volatility analysis shows that the upper Bollinger band is at 109.79, indicating a further downward move might be next. On the other hand, note that the Relative Strength Index indicates the Dollar/Yen is in overbought condition.
\\nOverall, looking at the technical analysis landscape – although indicators are mixed and some are pointing in different directions, it seems further drawbacks may be next for the yen
\\nThe Dollar/Yen started 2021 by gaining 5.32%.
\\n\\n
\\n\\n\\n\\n\",\"\\nU.S. Secretary of State Antony Blinken called for deeper cooperation between U.S. and Japan on his first trip abroad with Defense Secretary Lloyd Austin to strengthen Asian alliances https://t.co/USdR0beb56 pic.twitter.com/UPk8dVxTcX
\\n— Reuters (@Reuters) March 16, 2021
(Last update 10:11am EST, March 16, 2021)
\\n\\nUSD/CHF down slightly to 0.9255, following mixed behavior today, as it ranged between 0.9238 and 0.9287.
\\nThe Chart visual study suggests the Swiss franc nearest support level is at 0.87. In terms of trend indicators, we can see that although down today, it's worth noting that at 0.9298 dollar/swisss did peak above the 10 day Simple Moving Average earlier, usually an indication that a positive move is maybe ahead. Asset volatility analysis shows that a slight indication of recovery comes from looking at the Bollinger bands: the lower band is at 0.9175 – a low enough level to usually suggest the Swiss franc is trading below its value.
\\nOverall, looking at the technical analysis landscape, it seems Dollar/Swiss might start pointing upward in the short term.
\\nDollar/Swiss started in 2021 by gaining 4.76%.
\\n\",\"\\n(Last update 10:11am EST, March 16, 2021)
\\n\\nAUD/USD dropped from 0.7757 to 0.7748, losing 9 pips (0.13%).
\\nAn analysis of the Australian dollar chart suggests the Aussie/Dollar immediate support is around 0.7747, resistance level is at 0.7965. In terms of trend indicators, we can see that at 0.7745, Australian dollar made an initial breakout below the 50 day Simple Moving Average, an indication of a negative trend.
\\nOverall, looking at the technical analysis landscape, it seems the Australian dollar is likely to continue pointing down in the short term.
\\nThe Aussie/Dollar started 2021 by gaining 0.8%.
\\n\\n\"],\"title\":\"Financial Markets Review – 16 March 2021 – 10:12:01\",\"date\":\"2021-03-16T14:12:01\"}"; var omg_ads = JSON.parse(decodeHtml(omg_ads_string)); } catch (e) { var omg_ads = JSON.parse(omg_ads_string); }