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Our forecast indicates that Microsoft’s valuation is $337 per share, which is 39% above the current market price of around $242.
The Chinkou Span line of Ichimoku indicator broke the historical price for the strong breakout with the possible bullish reversal with 267 resistance level as a target to re-enter.

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The U.S. dollar rose to its highest value in over 30 years relative to the Japanese yen. The greenback has been showing sustained strength, a development that could reduce demand for assets denominated in the currency, for example cryptocurrencies and stocks.

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Ford is expected to publish its Q3 2022 results on October 26, reporting on a quarter that likely saw the company’s deliveries pick up, although profitability could be weighed down by supply chain headwinds and cost pressures. The weekly price of Ford stock price is located near and above 200 SMA with the ranging within resistance level at 16 for the bullish trend to be continuing or support level at 11 for the bearish reversal to be started.
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Meta Platforms’ stock (NASDAQ: META) has lost 59% YTD, while the S&P500 is down 21% over the same period.

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Former Treasury Secretary Larry Summers says the unemployment rate must reach 6% to tamp down inflation, far from the 3.5% unemployment rate reported Friday.

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