\\n
\\n\",\"\\n(Last update 1:51pm EST, March 24, 2021)
\\n\\nThe Dow Jones gained 276.85 points and is hovering at the 32,700 level.
\\nVisual analysis of the Dow's price graph shows the Dow immediate resistance is around 32,900, nearest support level is at 31,962. In terms of trend indicators, we can see that at 32,700, Dow made an initial breakout above the 10 day Simple Moving Average, an indication of a positive trend.
\\nOverall, looking at the technical analysis landscape, it seems Dow might continue pointing upwards in the short term.
\\nThe Dow Jones started 2021 by gaining 5.6%.
\\n\\n
\\n\\n\\n\\n\",\"\\nDow Jumps 200 Points, GameStop And ViacomCBS Plunge, Prompting Warnings Of Risky Stock Frenzies https://t.co/RRPkQoPffA
\\n— Forbes (@Forbes) March 24, 2021
(Last update 1:51pm EST, March 24, 2021)
\\n\\nAfter starting the day at 3,910.52, S&P 500 went up to 3,942 only to drop back to the half way point range and is now trading at 3,926.21.
\\nIn terms of trend indicators, we can see that at 3,936.69, S&P made an initial breakout above the 10 day Simple Moving Average, an indication of a positive trend.
\\nOverall, looking at the technical analysis landscape, it seems S&P might continue pointing upwards in the short term.
\\nThe S&P 500 started 2021 by gaining 3.95%.
\\n\",\"\\n(Last update 1:52pm EST, March 24, 2021)
\\n\\nThe mobile and tech colossus slid down from $122.54 to $121.35, losing $1.19 (0.97%).
\\nChart visual study suggest Apple might start to recover soon because it is getting closer and is now only $1.36 from the support line at $120, Obviously, dipping below it could be an indication that further losses are ahead. In terms of trend indicators, we can see that at $121.97, Apple made an initial breakout below the 3 day Simple Moving Average, an indication of a negative trend.
\\nOverall, technical indicators suggest Apple has no obvious direction for the immediate future.
\\nWith a market cap of $2.04 trillion, The mobile and tech colossus started in 2021 by losing 8.28%. So far this year it is under-performing the S&P 500 by 12.23%.
\\n\\n
\\n\\n\\n\\n\",\"\\nXiaomi is the new Chinese smartphone king. It was the third-largest smartphone seller in the world toward the end of last year, behind Apple and Samsung. https://t.co/XlKPFCpgTj
\\n— The Wall Street Journal (@WSJ) March 24, 2021
(Last update 1:52pm EST, March 24, 2021)
\\n\\nThe social media company slid down from $290.63 to $285.6, losing $5.03 (1.73%).
\\nFacebook's graph levels to watch: Facebook's nearest support level is at $273.97, followed by $258.33 at the next level. In terms of trend indicators, we can see that at $287.38, Facebook made an initial breakout below the 5 day Simple Moving Average, an indication of a negative trend.
\\nOverall, looking at the technical analysis landscape, it seems Facebook is likely to continue pointing down in the short term.
\\nWith a market cap of $813.28 billion, Mark Zuckerberg's company started in 2021 by gaining 6%. So far this year it is outperforming the S&P 500 by 2.06%.
\\n\\n
\\n\\n\\n\\n\",\"\\nFacebook may have to disclose some app records in privacy probe, Massachusetts court rules https://t.co/8W9Dxh7i4x pic.twitter.com/x6B6tI11Uo
\\n— Reuters (@Reuters) March 24, 2021
(Last update 1:51pm EST, March 24, 2021)
\\n\\nCurrently light red but with no clear-cut direction, Jeff Bezos’s company is trading at $3,119 after ranging today between $3,160 and $3,102.62.
\\nIn terms of trend indicators, we can see that at $3,130.81, Amazon made an initial breakout below the 200 day Simple Moving Average, an indication of a negative trend. Asset volatility analysis shows that the upper Bollinger band is at $3,182.34, indicating a further downward move might be next. However, Amazon might start to recover soon because it is getting closer and is now only $90.88 from the support line at $3,028, obviously dipping below it could be an indication that further losses are ahead.
\\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 Amazon.
\\nwith a market cap of $1.57 trillion, Jeff Bezos’s company started 2021 by losing 3.81%. So far this year it is under-performing the S&P by 7.76%.
\\n\\n
\\n\\n\\n\\n\",\"\\nWork conditions at Amazon warehouses are increasingly in the spotlight as the e-commerce giant faces pressure to make changes https://t.co/n1VgcXPpfW
\\n— The Wall Street Journal (@WSJ) March 24, 2021
(Last update 1:26pm EST, March 24, 2021)
\\n\\nThe software giant has recovered some, but not all the way back to $237.58 after dipping down to $235.33.
\\nA study on Microsoft's chart pattern shows Microsoft might start to recover soon because it is getting close and is now only $4.62 from the support line at $231.96, Obviously, dipping below it could be an indication that further losses are ahead. Asset volatility analysis shows that the upper Bollinger band is at $240.26, indicating a further downward move might be next.
\\nOverall, technical indicators suggest Microsoft has no obvious direction for the immediate future.
\\nWith a market cap of $1.78 trillion, The software giant started in 2021 by gaining 6.38%. So far this year it is outperforming the Dow by 0.78%.
\\n\\n
\\n\\n\\n\\n\",\"\\nThis New Feature Instantly Makes Microsoft Edge The Best Browser On A Mac https://t.co/OOhLvasaEr
\\n— Forbes (@Forbes) March 24, 2021
(Last update 1:26pm EST, March 24, 2021)
\\n\\nCurrently light green but with no clear-cut direction, Alphabet is trading at $2,058.69 after ranging today between $2,078.21 and $2,052.
\\nA study of Google's graph shows key levels to watch: although Google is green today and was as high as $2,078.21, it seems to be slowing down slightly and moving away from the $2,128.31 resistance line, and is now $69.62 below it. In terms of trend indicators, we can see that although up today, it's worth noting that earlier Google dropped below the 21 day Simple Moving Average as it was trading at $2,062.17, usually an indication that a negative trend is ahead. However, the lower Bollinger band is at $2,017, indicating further gains might be next.
\\nOverall, looking at the technical analysis landscape, it seems a reverse of course in the short term might be next for Google.
\\nwith a market cap of $1.38 trillion, The search engine giant started in 2021 by gaining 14.67%. So far this year it is outperforming the S&P by 10.72%.
\\n\\n
\\n\\n\\n\\n\",\"\\nGoogle CEO warns of 'unintended consequences' if Congress kills Section 230 https://t.co/50O6zKroMn by @DanielHowley pic.twitter.com/OteHuckWAP
\\n— Yahoo Finance (@YahooFinance) March 24, 2021
(Last update 1:26pm EST, March 24, 2021)
\\n\\nAfter a mostly steady session, Elon Musk's electric car company lost 2.57%, trading at $645.15.
\\nImportant graph levels to look out for: Tesla's nearest support level is at $563. In terms of trend indicators, we can see that although down today, it's worth noting that at $662.34 Tesla did peak above the 3 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 $634.12 – a low enough level to usually suggest Tesla is trading below its value. On the other hand, note that the CCI indicator is bellow -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.
\\nOverall, looking at the technical analysis landscape – although indicators are mixed and some are pointing in different directions, it seems Tesla might reverse course and start pointing upward in the short term.
\\nWith a market cap of $619.25 billion, The trendy electric car company started in 2021 by losing 6.57%. So far this year it is under-performing the Nasdaq by 9.14%.
\\n\\n
\\n\\n\\n\\n\",\"\\nNew for subscribers: Mike Santoli's market notes: Retail investors’ fever breaks as GameStop deflates, Tesla trades poorly. Check out @CNBCPro today. https://t.co/wuuG5NYuwG
\\n— CNBC (@CNBC) March 24, 2021
(Last update 1:26pm EST, March 24, 2021)
\\n\\nThe video communications platform provider remains in the $320.33 range after starting the session at $339.76 and dropping 5.72%.
\\nZoom chart analysis: Zoom might start to recover soon because it is getting closer and is now only $9.4 from the support line at $310.93, Obviously, dipping below it could be an indication that further losses are ahead. Asset volatility analysis shows that a slight indication of recovery comes from looking at the Bollinger bands: the lower band is at $312.39 – a low enough level to usually suggest Zoom is trading below its value.
\\nOverall, looking at the technical analysis landscape, it seems Zoom might start pointing upward in the short term.
\\nWith a market cap of $94.09 billion, The video communications platform provider started in 2021 by gaining 0.72%. So far this year it is under-performing the Nasdaq by 1.85%.
\\n\",\"\\n(Last update 1:26pm EST, March 24, 2021)
\\n\\nThe streaming heavyweight remains in the $526.23 range after starting the session at $535.09 and dropping 1.66%.
\\nIn terms of trend indicators, we can see that at $524.82, Netflix made an initial breakout below the 21 day Simple Moving Average, an indication of a negative trend. Asset volatility analysis shows that the upper Bollinger band is at $537.25, indicating a further downward move might be next. However, Netflix reversed direction at $523.28 support zone and climbed $2.94 above it.
\\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 Netflix.
\\nwith a market cap of $233.06 billion, The streaming company started in 2021 by losing 1.05%. So far this year it is under-performing the S&P 500 by 5%.
\\n\",\"\\n(Last update 1:51pm EST, March 24, 2021)
\\n\\nCurrently light red but with no clear-cut direction, the discount department and warehouse store are trading at $133.63 after ranging today between $134.41 and $133.05.
\\nWalmart's graph levels to watch: nearest support level is at $127.53, while the closest resistance is at $139.27. In terms of trend indicators, we can see that even though currently pointing down, the 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. Asset volatility analysis shows that the upper Bollinger band is at $134.72, indicating a further downward move might be next.
\\nOverall, technical indicators suggest Walmart has no obvious direction for the immediate future.
\\nWith a market cap of $376.45 billion, The warehouse store chain company started in 2021 by losing 8.37%. So far this year it is under-performing the Dow by 13.97%.
\\n\\n
\\n\\n\\n\\n\",\"\\n"It’s a long-term strategic move. We think there will be an after Covid-19 crisis, and we think Brazil has very good economic and retail prospects," says Carrefour CFO Mathieu Malige about the company's bid for Walmart's former Brazil unit https://t.co/Drso0KXGti pic.twitter.com/21Zpym7WxM
\\n— Bloomberg TV (@BloombergTV) March 24, 2021
(Last update 1:51pm EST, March 24, 2021)
\\n\\nAfter dropping down to $130.62, the consumer goods corporation recovered some losses and is currently trading at $132.73.
\\nAn analysis of the Procter & Gamble chart suggests Procter & Gamble's nearest support level is at $122.15. In terms of trend indicators, we can see that at $132.93, Procter & Gamble made an initial breakout above the 200 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 Procter & Gamble is in strong overbought condition. In contrast, the upper Bollinger band is at $132.83, indicating a downward move might be next.
\\nOverall, looking at the technical analysis landscape, it seems Procter & Gamble might be pointing upward in the short term.
\\nWith a market cap of $326.84 billion, The consumer goods corporation started 2021 by losing 4.93%. So far this year it is under-performing the Dow by 10.53%.
\\n\",\"\\n(Last update 1:51pm EST, March 24, 2021)
\\n\\nThe entertainment and content production company dropped 1.03% early on and is steady at the $186.79 range.
\\nImportant graph levels to look out for: Walt Disney might start to recover soon because it is getting close and is now only $3.79 from the support line at $183, Obviously, dipping below it could be an indication that further losses are ahead. 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. Momentum evaluation shows the Relative Strength Index has gone below 30, going into oversold conditions and allowing more gains. Asset volatility analysis shows that Walt Disney has just crossed the lower Bollinger band at $187.47, indicating further loses might be next
\\nOverall, the technical analysis suggests Walt Disney is neutral for the immediate future, with no clear-cut direction.
\\nWith a market cap of $339.07 billion, The entertainment and content production company has started 2021 by gaining 5%. So far this year it is under-performing the Dow by 0.58%.
\\n\",\"\\n(Last update 1:51pm EST, March 24, 2021)
\\n\\nThe soft drinks giant gained 0.68% and is hovering at the $51.74 level.
\\nIn 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. 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. On the other hand, note that a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at $51.83 – 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 likely to continue pointing upward in the short term.
\\nWith a market cap of $222.96 billion, The soft drinks giant started 2021 by losing 6.71%. So far this year it is under-performing the Dow by 12.31%.
\\n\",\"\\n(Last update 1:51pm EST, March 24, 2021)
\\n\\nThe pharmaceuticals and biotechnology company was trading at $35.81 after starting the day at $35.36 and gaining 45 cents (1.28%).
\\nThe Chart visual study suggests Pfizer's immediate resistance is around $36.15, nearest support level is at $33.49. In terms of trend indicators, we can see that at $35.69, Pfizer made an initial breakout above the 5 day Simple Moving Average, an indication of a positive trend. Asset volatility analysis shows that the upper Bollinger band is at $36.29, This is a slight indication of a slowdown.
\\nOverall, the technical analysis suggests Pfizer is neutral for the immediate future, with no clear-cut direction.
\\nWith a market cap of $199.77 billion, The pharmaceuticals and biotechnology company started 2021 by losing 4.1%. So far this year it is under-performing the Dow Jones by 9.7%.
\\n\\n
\\n\\n\\n\\n\",\"\\nAfter bringing the first vaccine to market, Pfizer hopes for the next breakthrough https://t.co/GshJuvpgAr
\\n— Forbes (@Forbes) March 24, 2021
(Last update 1:56pm EST, March 24, 2021)
\\n\\nAfter opening at $224.37, the fast food giant reached $227.02, breaking a 4 – month record. Later, it lost $1.62 and is now trading at $225.4.
\\nA study of McDonald's's graph shows key levels to watch: McDonald's immediate resistance is around $226.12, nearest support level is at $215.98. 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. Asset volatility analysis shows that a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at $229.27 – a high enough level to usually suggest McDonald's is trading above its value.
\\nOverall, the technical analysis suggests McDonald's is neutral for the immediate future, with no clear-cut direction.
\\nWith a market cap of $168.05 billion, The fast food giant started in 2021 by gaining 4.49%. So far this year it is under-performing the Dow by 1.11%.
\\n\",\"\\n(Last update 1:56pm EST, March 24, 2021)
\\n\\nHesitant but green: from an earlier low of $53,850, Bitcoin is up to $56,483 gaining $1,819 compared to the $54,664 start of the day (3.33%).
\\nImportant graph levels to look out for: nearest resistance level is at $57,540. In terms of trend indicators, we can see that at $55,229, Bitcoin made an initial breakout above the 21 day Simple Moving Average, an indication of a positive trend.
\\nOverall, looking at the technical analysis landscape, it seems Bitcoin might continue pointing upwards in the short term.
\\nWith a market cap of 1.05 trillion, Bitcoin started in 2021 by gaining 46.4%.
\\n\\n
\\n\\n\\n\\n\",\"\\n$TSLA and #Bitcoin: @jimcramer says @elonmusk is a 'pioneer' pic.twitter.com/IUCQJCa3ad
\\n— TheStreet (@TheStreet) March 24, 2021
(Last update 1:56pm EST, March 24, 2021)
\\n\\nHesitant but green: from an earlier low of $1,722.3, Gold is up to $1,733.3 gaining $8.3 compared to the $1,725 start of the day (0.48%).
\\nAs the day reaches an end, a chart visual study suggests Gold's nearest resistance level is at $1,806.7, followed by $1,844.2 at the next level. In terms of trend indicators, we can see that at $1,727, Gold made an initial breakout above the 21 day Simple Moving Average, an indication of a positive trend. Asset volatility analysis shows that a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at $1,752 – a high enough level to usually suggest Gold is trading above its value.
\\nOverall, technical indicators suggest Gold has no obvious direction for the immediate future.
\\nGold started 2021 by losing 9.76%.
\\n\\n
\\n\\n\\n\\n\",\"\\nPresident Recep Tayyip Erdogan has called on Turks to cash in their gold and invest their savings to shore up financial markets roiled by his abrupt decision to sack the central bank chief https://t.co/ZeF5w81vky
\\n— Financial Times (@FinancialTimes) March 24, 2021
(Last update 1:56pm EST, March 24, 2021)
\\n\\nOpening at $57.76, crude oil was trading at $60.67 after making its biggest single-day jump ($2.91) recently.
\\nAs the day reaches an end, a chart visual study suggests the nearest resistance level is at $67.48. In terms of trend indicators, we can see that at $59.58, crude oil made an initial breakout above the 50 day Simple Moving Average, an indication of a positive trend.
\\nOverall, looking at the technical analysis landscape, it seems crude oil might continue pointing upwards in the short term.
\\nOil started in 2021 by gaining 16%.
\\n\\n
\\n\\n\\n\\n\",\"\\nRepublican-led states sue the Biden administration over a climate initiative they say would effectively ban oil and gas leases on federal land https://t.co/yvsOld428K
\\n— Bloomberg (@business) March 24, 2021
(Last update 1:56pm EST, March 24, 2021)
\\n\\nAfter starting the day at 1.1855, EUR/USD dropped to 1.1816, hitting its lowest point in 4 months, It later recovered 15 pips and is now trading at 1.1832
\\nEuro/Dollar chart analysis: Euro resistance level is at 1.1984. 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 a slight indication of recovery comes from looking at the Bollinger bands: the lower band is at 1.1809 – a low enough level to usually suggest the Euro/Dollar is trading below its value.
\\nOverall, the technical analysis suggests the Euro is neutral for the immediate future, with no clear-cut direction.
\\nThe Euro/Dollar started 2021 by losing 2.42%.
\\n\",\"\\n(Last update 2:11pm EST, March 24, 2021)
\\n\\nHaving started at 1.3755 GBP/USD dropped to 1.3677, hitting its lowest point in 6 weeks, later it recovered 28 pips and is now trading at 1.3706
\\nA study on Pound/Dollar's chart pattern shows the pound resistance level is at 1.4138. 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. Momentum evaluation shows The Relative Strength Index indicates the Pound/Dollar is in oversold condition, allowing more gains. On the other hand, note that a slight indication of recovery comes from looking at the Bollinger bands: the lower band is at 1.373 – a low enough level to usually suggest the British Pound is trading below its value.
\\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 British Pound
\\nThe Pound/Dollar started in 2021 by gaining 1.42%.
\\n\\n
\\n\\n\\n\\n\",\"\\nWomen in 40s, 50s who survive COVID more likely to suffer persistent problems: UK studies https://t.co/DgL8a3iXT8 pic.twitter.com/OEw2ONbIzf
\\n— Reuters (@Reuters) March 24, 2021
(Last update 2:11pm EST, March 24, 2021)
\\n\\nAfter starting the day at 108.61, USD/JPY went up to 108.96 only to drop back, yet still positive overall today, trading now at 108.75.
\\nA study of the Yen's graph shows key levels to watch: Dollar/Yen nearest support level is at 105.04. In terms of trend indicators, we can see that at 108.89, Yen made an initial breakout above the 10 day Simple Moving Average, an indication of a positive trend. Asset volatility analysis shows that a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at 109.22 – a high enough level to usually suggest the Yen is trading above its value.
\\nOverall, the technical analysis suggests the Dollar/Yen is neutral for the immediate future, with no clear-cut direction.
\\nThe Yen started in 2021 by gaining 5.17%.
\\n\",\"\\n(Last update 2:11pm EST, March 24, 2021)
\\n\\nSmall gain for USD/CHF at 0.9351 after ranging today between 0.9331 and 0.937.
\\nSwiss franc chart analysis: Swiss franc immediate resistance is around 0.9396, nearest support level is at 0.87. 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. Asset volatility analysis shows that a slight indication of a slowdown comes from looking at the Bollinger bands: the upper band is at 0.9352 – a high enough level to usually suggest the Swiss franc is trading above its value.
\\nOverall, technical indicators suggest the Dollar/Swiss has no obvious direction for the immediate future.
\\nThe Swiss franc started in 2021 by gaining 4.16%.
\\n\",\"\\n(Last update 2:11pm EST, March 24, 2021)
\\n\\nAfter starting the day at 0.7637 AUD/USD dropped to 0.7584, hitting its lowest point in 2 months, it later recovered 27 pips and is now trading at 0.7612
\\nThe chart visual study suggests the Australian dollar's immediate support is around 0.7606, resistance level is at 0.7965. Momentum evaluation shows the Relative Strength Index has gone below 30, going into oversold conditions and allowing more gains. Asset volatility analysis shows that a slight indication of recovery comes from looking at the Bollinger bands: the lower band is at 0.7627 – a low enough level to usually suggest the Australian dollar is trading below its value. However, 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.
\\nOverall, looking at the technical analysis landscape – although indicators are mixed and some are pointing in different directions, it seems the Australian dollar might reverse course and start pointing upward in the short term.
\\nThe Aussie/Dollar started 2021 by gaining 0.61%.
\\n\\n\"],\"title\":\"Financial Markets Review – 24 March 2021 – 14:11:33\",\"date\":\"2021-03-24T18:11:33\"}"; var omg_ads = JSON.parse(decodeHtml(omg_ads_string)); } catch (e) { var omg_ads = JSON.parse(omg_ads_string); }