{"id":21856,"date":"2022-02-03T09:13:00","date_gmt":"2022-02-03T09:13:00","guid":{"rendered":"https:\/\/youtrading.com\/en\/?p=21856"},"modified":"2022-02-03T22:44:50","modified_gmt":"2022-02-03T22:44:50","slug":"facebook-plunges-18-after-earnings-report","status":"publish","type":"post","link":"https:\/\/youtrading.com\/en\/facebook-plunges-18-after-earnings-report\/","title":{"rendered":"Facebook plunges 18% after earnings report"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"21856\" class=\"elementor elementor-21856\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<div class=\"elementor-inner\">\n\t\t\t\t<div class=\"elementor-section-wrap\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1d46b4b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1d46b4b\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-e8ff0b9\" data-id=\"e8ff0b9\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e65a1e2 elementor-widget elementor-widget-text-editor\" data-id=\"e65a1e2\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><strong>Market Brief<\/strong><\/p><p>Stock markets in Europe opened mixed on Thursday ahead of the European Central Bank&#8217;s (ECB) latest interest rate decision and the Bank of England&#8217;s (BoE) latest monetary policy report. Additionally, traders will be looking for updates in Germany, the Eurozone, and Britain&#8217;s services and manufacturing sectors.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c249eba elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c249eba\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4a22765\" data-id=\"4a22765\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2887bf4 elementor-widget elementor-widget-image\" data-id=\"2887bf4\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"902\" height=\"99\" src=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2022\/02\/Picture1.jpg\" class=\"attachment-large size-large wp-image-21860\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-34c5476 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"34c5476\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-16c92a2\" data-id=\"16c92a2\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-753184a elementor-widget elementor-widget-text-editor\" data-id=\"753184a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>The funniest tweet I read last night was that the &#8216;<a href=\"http:\/\/bit.ly\/35Gi5Ko\" target=\"_blank\" rel=\"noopener\">JPM<\/a> downgraded Metaverse back to Facebook&#8217;. After the earnings report the FB share price in the extended trading hours dropped from $326 to $246 which is an 18% drop.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-639dbe9 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"639dbe9\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-f841cc5\" data-id=\"f841cc5\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-18264b0 elementor-widget elementor-widget-image\" data-id=\"18264b0\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1024\" height=\"528\" src=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2022\/02\/Picture2.jpg\" class=\"attachment-large size-large wp-image-21861\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6def317 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6def317\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-b2cabd0\" data-id=\"b2cabd0\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-fca1be4 elementor-widget elementor-widget-text-editor\" data-id=\"fca1be4\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>During the fourth quarter of fiscal 2021, Meta Platforms Inc. generated $33.67 billion in revenue, up 20% from the same period last year. In 2021, the company&#8217;s diluted earnings per share dropped 5% year-on-year to $3.67 and its net income dropped 8% to $10.3 billion after falling 8% from the previous year&#8217;s closing quarter.<\/p><p>The fiscal year 2021 ended with total revenues of $117.9 billion and diluted earnings per share of $13.77, up 36% from last year. From 2020 to 2021, net income increased 35%. The problem is not the earnings today it is what is happening in the future. CEO Mark Zuckerberg announced that users were on rival apps longer and as growth is stalling in <a href=\"http:\/\/bit.ly\/2NhH3Yk\" target=\"_blank\" rel=\"noopener\">FB<\/a> and the attention is being put into the Metaverse, investors don&#8217;t see great returns coming down the pipe in 2022.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-8db1aa9 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"8db1aa9\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-bffefd0\" data-id=\"bffefd0\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8a5cee1 elementor-widget elementor-widget-image\" data-id=\"8a5cee1\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"902\" height=\"472\" src=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2022\/02\/forex.jpg\" class=\"attachment-large size-large wp-image-21862\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-33fe933 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"33fe933\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-f225dc5\" data-id=\"f225dc5\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a14f30c elementor-widget elementor-widget-text-editor\" data-id=\"a14f30c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>The <a href=\"https:\/\/bit.ly\/3dOE874\" target=\"_blank\" rel=\"noopener\">German DAX<\/a> and <a href=\"https:\/\/bit.ly\/3m1biF2\" target=\"_blank\" rel=\"noopener\">UK FTSE100<\/a> have opened lower but I am expecting the <a href=\"https:\/\/bit.ly\/3J0m0Wm\" target=\"_blank\" rel=\"noopener\">US indices<\/a> to drag everything down in the US session on the back of the earnings last night, unless we get some better-than-expected news out of the Bank of England and ECB today. The forex heatmap shows flows now returning to the <a href=\"https:\/\/bit.ly\/3IMUkUF\" target=\"_blank\" rel=\"noopener\">US dollar<\/a> and out of the <a href=\"http:\/\/bit.ly\/31pdEAU\" target=\"_blank\" rel=\"noopener\">Swiss franc<\/a>, but everything else is mixed while we await the central bank decisions.<\/p><p>According to a report released by <a href=\"https:\/\/bit.ly\/3awLAmz\" target=\"_blank\" rel=\"noopener\">IHS Markit<\/a> in the overnight session, Japan&#8217;s service sector saw business activity and new orders decline in January because of the reinstatement of Coronavirus restrictions in 2022.<\/p><p>The seasonally adjusted Jibun Bank Japan Services Business Activity Index fell from 52.1 in December to 47.6 in January.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-20ef889 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"20ef889\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-1a95043\" data-id=\"1a95043\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0b3fd46 elementor-widget elementor-widget-image\" data-id=\"0b3fd46\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"http:\/\/bit.ly\/2OJjKKR\" target=\"_blank\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1024\" height=\"550\" src=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2022\/02\/USDJPY-1D.jpg\" class=\"attachment-large size-large wp-image-21863\" alt=\"\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-48a7dd0f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"48a7dd0f\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-499a33be\" data-id=\"499a33be\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-28bc99d2 elementor-widget elementor-widget-text-editor\" data-id=\"28bc99d2\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><a href=\"http:\/\/bit.ly\/2OJjKKR\" target=\"_blank\" rel=\"noopener\">See real-time quotes<\/a> provided by our partner.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-8841442 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"8841442\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c96c8c6\" data-id=\"c96c8c6\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4bda181 elementor-widget elementor-widget-text-editor\" data-id=\"4bda181\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>The disappointing Japanese data and the returning strength into the US dollar has helped the <a href=\"http:\/\/bit.ly\/2OJjKKR\" target=\"_blank\" rel=\"noopener\">USDJPY<\/a> once again find support around the 114.50 &#8211; 115.00 area. If we get back above the previous swing high the next logical target would be the upper bound of this rising channel and the 117.00 price level.<\/p><p>The Aussie is weaker this morning after an upwardly revised AUD 9.76 billion trade surplus in November, dropped to AUD 8.36 billion in December 2021. Exports decreased more than imports, resulting in the smallest surplus since March. This is not a good sign and commodities will be on the backfoot today.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-532118d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"532118d\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-daa0156\" data-id=\"daa0156\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5e695da elementor-widget elementor-widget-image\" data-id=\"5e695da\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"http:\/\/bit.ly\/2yFD0hu\" target=\"_blank\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1024\" height=\"550\" src=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2022\/02\/AUDUSD-1D.jpg\" class=\"attachment-large size-large wp-image-21864\" alt=\"\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-20eedb4c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"20eedb4c\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-1f108ba5\" data-id=\"1f108ba5\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-31731dfd elementor-widget elementor-widget-text-editor\" data-id=\"31731dfd\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><a href=\"http:\/\/bit.ly\/2yFD0hu\" target=\"_blank\" rel=\"noopener\">See real-time quotes<\/a> provided by our partner.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-9f4bd38 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"9f4bd38\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c03090a\" data-id=\"c03090a\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-fb447f4 elementor-widget elementor-widget-text-editor\" data-id=\"fb447f4\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>Taking everything into consideration today, if the ECB is Dovish and the euro weakens that will add strength to the US dollar which will put more pressure on the commodity pairs. In that scenario I see the current level as resistance as it was a previous balance area in the last week of January, and we probably won\u2019t reach up into the 0.7200 levels of resistance. If the US dollar has the bids pulled from underneath it after the ECB today maybe the <a href=\"http:\/\/bit.ly\/2yFD0hu\" target=\"_blank\" rel=\"noopener\">AUDUSD<\/a> has one last push higher, but fundamentally this is a bear market rally for the Australian dollar.<\/p><p>We now await the Bank of England rate decision and won\u2019t be trading until we are clear of the central banks intentions.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Market Brief Stock markets in Europe opened mixed on Thursday ahead of the European Central Bank&#8217;s (ECB) latest interest rate decision and the Bank of England&#8217;s (BoE) latest monetary policy report. Additionally, traders will be looking for updates in Germany, the Eurozone, and Britain&#8217;s services and manufacturing sectors. The funniest tweet I read last night [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":21857,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[52,14,18,128,57,20,22],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v17.6 (Yoast SEO v20.11) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Facebook plunges 18% after earnings report - Youtrading UK<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/youtrading.com\/en\/facebook-plunges-18-after-earnings-report\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Facebook plunges 18% after earnings report Facebook plunges 18% after earnings report\" \/>\n<meta property=\"og:description\" content=\"One individual stock shouldn\u2019t really matter but to me, FB is a bellwether stock as it appears in the Nasdaq and the benchmark S&amp;P500. I have been calling the recent rally a Bear Market Rally, which is designed to suck in as many bullish latecomers as possible as the bears sell into them. The Metaverse earnings call is how I see the rest of the year going with earnings expected to drop as fiscal flows plateau and the increased taxation outweighs the spending bringing a halt to expansion. What we need now is for the Central Banks to also see this as a problem and not tighten monetary policy too fast.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/youtrading.com\/en\/facebook-plunges-18-after-earnings-report\/\" \/>\n<meta property=\"og:site_name\" content=\"Youtrading UK\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/YouTradingEnglish\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-02-03T09:13:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-02-03T22:44:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2022\/02\/shubham-dhage-fvfrHqt37eo-unsplash.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"640\" \/>\n\t<meta property=\"og:image:height\" content=\"387\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Neville Hornsey\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Facebook plunges 18% after earnings report Facebook plunges 18% after earnings report\" \/>\n<meta name=\"twitter:description\" content=\"One individual stock shouldn\u2019t really matter but to me, FB is a bellwether stock as it appears in the Nasdaq and the benchmark S&amp;P500. I have been calling the recent rally a Bear Market Rally, which is designed to suck in as many bullish latecomers as possible as the bears sell into them. The Metaverse earnings call is how I see the rest of the year going with earnings expected to drop as fiscal flows plateau and the increased taxation outweighs the spending bringing a halt to expansion. What we need now is for the Central Banks to also see this as a problem and not tighten monetary policy too fast.\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Neville Hornsey\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/youtrading.com\/en\/facebook-plunges-18-after-earnings-report\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/youtrading.com\/en\/facebook-plunges-18-after-earnings-report\/\"},\"author\":{\"name\":\"Neville Hornsey\",\"@id\":\"https:\/\/youtrading.com\/en\/#\/schema\/person\/95b20558021997bd74f4db43fabddf85\"},\"headline\":\"Facebook plunges 18% after earnings report\",\"datePublished\":\"2022-02-03T09:13:00+00:00\",\"dateModified\":\"2022-02-03T22:44:50+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/youtrading.com\/en\/facebook-plunges-18-after-earnings-report\/\"},\"wordCount\":578,\"publisher\":{\"@id\":\"https:\/\/youtrading.com\/en\/#organization\"},\"keywords\":[\"AUDUSD\",\"DAX\",\"EURUSD\",\"Facebook\",\"FTSE100\",\"GBPUSD\",\"USDJPY\"],\"articleSection\":[\"Markets\"],\"inLanguage\":\"en-GB\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/youtrading.com\/en\/facebook-plunges-18-after-earnings-report\/\",\"url\":\"https:\/\/youtrading.com\/en\/facebook-plunges-18-after-earnings-report\/\",\"name\":\"Facebook plunges 18% after earnings report - Youtrading UK\",\"isPartOf\":{\"@id\":\"https:\/\/youtrading.com\/en\/#website\"},\"datePublished\":\"2022-02-03T09:13:00+00:00\",\"dateModified\":\"2022-02-03T22:44:50+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/youtrading.com\/en\/facebook-plunges-18-after-earnings-report\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/youtrading.com\/en\/facebook-plunges-18-after-earnings-report\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/youtrading.com\/en\/facebook-plunges-18-after-earnings-report\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/youtrading.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Facebook plunges 18% after earnings report\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/youtrading.com\/en\/#website\",\"url\":\"https:\/\/youtrading.com\/en\/\",\"name\":\"Youtrading UK\",\"description\":\"Leaders in Trader Training\",\"publisher\":{\"@id\":\"https:\/\/youtrading.com\/en\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/youtrading.com\/en\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/youtrading.com\/en\/#organization\",\"name\":\"YouTrading\",\"url\":\"https:\/\/youtrading.com\/en\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/youtrading.com\/en\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2020\/12\/Logo-Youtrading-2020_preto.svg\",\"contentUrl\":\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2020\/12\/Logo-Youtrading-2020_preto.svg\",\"width\":2531,\"height\":570,\"caption\":\"YouTrading\"},\"image\":{\"@id\":\"https:\/\/youtrading.com\/en\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/YouTradingEnglish\/\",\"https:\/\/www.instagram.com\/youtrading_english\/\",\"https:\/\/www.youtube.com\/channel\/UCc22BNolZpSd33lXc8utUvg\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/youtrading.com\/en\/#\/schema\/person\/95b20558021997bd74f4db43fabddf85\",\"name\":\"Neville Hornsey\",\"description\":\"Neville Hornsey holds a BA Honours 2.1 in Professional Media and has been a professional trader since 2007. Neville has worked for several brokerages and prop firms, specialising in the Foreign exchange and Futures markets and blends technical analysis with fundamentals, with a bias towards swing and intraday trade setups.\",\"url\":\"https:\/\/youtrading.com\/en\/author\/nevillehornsey\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Facebook plunges 18% after earnings report - Youtrading UK","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/youtrading.com\/en\/facebook-plunges-18-after-earnings-report\/","og_locale":"en_GB","og_type":"article","og_title":"Facebook plunges 18% after earnings report Facebook plunges 18% after earnings report","og_description":"One individual stock shouldn\u2019t really matter but to me, FB is a bellwether stock as it appears in the Nasdaq and the benchmark S&P500. I have been calling the recent rally a Bear Market Rally, which is designed to suck in as many bullish latecomers as possible as the bears sell into them. The Metaverse earnings call is how I see the rest of the year going with earnings expected to drop as fiscal flows plateau and the increased taxation outweighs the spending bringing a halt to expansion. What we need now is for the Central Banks to also see this as a problem and not tighten monetary policy too fast.","og_url":"https:\/\/youtrading.com\/en\/facebook-plunges-18-after-earnings-report\/","og_site_name":"Youtrading UK","article_publisher":"https:\/\/www.facebook.com\/YouTradingEnglish\/","article_published_time":"2022-02-03T09:13:00+00:00","article_modified_time":"2022-02-03T22:44:50+00:00","og_image":[{"width":640,"height":387,"url":"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2022\/02\/shubham-dhage-fvfrHqt37eo-unsplash.jpg","type":"image\/jpeg"}],"author":"Neville Hornsey","twitter_card":"summary_large_image","twitter_title":"Facebook plunges 18% after earnings report Facebook plunges 18% after earnings report","twitter_description":"One individual stock shouldn\u2019t really matter but to me, FB is a bellwether stock as it appears in the Nasdaq and the benchmark S&P500. I have been calling the recent rally a Bear Market Rally, which is designed to suck in as many bullish latecomers as possible as the bears sell into them. The Metaverse earnings call is how I see the rest of the year going with earnings expected to drop as fiscal flows plateau and the increased taxation outweighs the spending bringing a halt to expansion. What we need now is for the Central Banks to also see this as a problem and not tighten monetary policy too fast.","twitter_misc":{"Written by":"Neville Hornsey","Estimated reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/youtrading.com\/en\/facebook-plunges-18-after-earnings-report\/#article","isPartOf":{"@id":"https:\/\/youtrading.com\/en\/facebook-plunges-18-after-earnings-report\/"},"author":{"name":"Neville Hornsey","@id":"https:\/\/youtrading.com\/en\/#\/schema\/person\/95b20558021997bd74f4db43fabddf85"},"headline":"Facebook plunges 18% after earnings report","datePublished":"2022-02-03T09:13:00+00:00","dateModified":"2022-02-03T22:44:50+00:00","mainEntityOfPage":{"@id":"https:\/\/youtrading.com\/en\/facebook-plunges-18-after-earnings-report\/"},"wordCount":578,"publisher":{"@id":"https:\/\/youtrading.com\/en\/#organization"},"keywords":["AUDUSD","DAX","EURUSD","Facebook","FTSE100","GBPUSD","USDJPY"],"articleSection":["Markets"],"inLanguage":"en-GB"},{"@type":"WebPage","@id":"https:\/\/youtrading.com\/en\/facebook-plunges-18-after-earnings-report\/","url":"https:\/\/youtrading.com\/en\/facebook-plunges-18-after-earnings-report\/","name":"Facebook plunges 18% after earnings report - Youtrading UK","isPartOf":{"@id":"https:\/\/youtrading.com\/en\/#website"},"datePublished":"2022-02-03T09:13:00+00:00","dateModified":"2022-02-03T22:44:50+00:00","breadcrumb":{"@id":"https:\/\/youtrading.com\/en\/facebook-plunges-18-after-earnings-report\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/youtrading.com\/en\/facebook-plunges-18-after-earnings-report\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/youtrading.com\/en\/facebook-plunges-18-after-earnings-report\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/youtrading.com\/en\/"},{"@type":"ListItem","position":2,"name":"Facebook plunges 18% after earnings report"}]},{"@type":"WebSite","@id":"https:\/\/youtrading.com\/en\/#website","url":"https:\/\/youtrading.com\/en\/","name":"Youtrading UK","description":"Leaders in Trader Training","publisher":{"@id":"https:\/\/youtrading.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/youtrading.com\/en\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-GB"},{"@type":"Organization","@id":"https:\/\/youtrading.com\/en\/#organization","name":"YouTrading","url":"https:\/\/youtrading.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/youtrading.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2020\/12\/Logo-Youtrading-2020_preto.svg","contentUrl":"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2020\/12\/Logo-Youtrading-2020_preto.svg","width":2531,"height":570,"caption":"YouTrading"},"image":{"@id":"https:\/\/youtrading.com\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/YouTradingEnglish\/","https:\/\/www.instagram.com\/youtrading_english\/","https:\/\/www.youtube.com\/channel\/UCc22BNolZpSd33lXc8utUvg"]},{"@type":"Person","@id":"https:\/\/youtrading.com\/en\/#\/schema\/person\/95b20558021997bd74f4db43fabddf85","name":"Neville Hornsey","description":"Neville Hornsey holds a BA Honours 2.1 in Professional Media and has been a professional trader since 2007. Neville has worked for several brokerages and prop firms, specialising in the Foreign exchange and Futures markets and blends technical analysis with fundamentals, with a bias towards swing and intraday trade setups.","url":"https:\/\/youtrading.com\/en\/author\/nevillehornsey\/"}]}},"_links":{"self":[{"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/posts\/21856"}],"collection":[{"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/comments?post=21856"}],"version-history":[{"count":0,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/posts\/21856\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/media\/21857"}],"wp:attachment":[{"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/media?parent=21856"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/categories?post=21856"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/tags?post=21856"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}