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S&P 500 Rallies As U.S. Dollar Pulls Back Towards Weekly Lows

Key Insights
The strong pullback in the U.S. dollar provided significant support to stocks.
Treasury yields have pulled back after touching new highs, which served as an additional positive catalyst for S&P 500.
A move above 3730 will push S&P 500 towards the resistance level at 3760.
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Pfizer Rallies After Announcing A Huge Price Hike For Its COVID-19 Vaccines
S&P 500 is currently trying to settle above 3730 as traders’ appetite for risk is growing. The U.S. dollar has recently gained strong downside momentum as the BoJ intervened to stop the rally in USD/JPY. Weaker U.S. dollar is bullish for stocks as it increases profits of multinational companies and makes U.S. equities cheaper for foreign investors.

The leading oil services company Schlumberger is up by 9% after beating analyst estimates on both earnings and revenue. Schlumberger’s peers Baker Hughes and Halliburton have also enjoyed strong support today.

Vaccine makers Pfizer and Moderna gained strong upside momentum after Pfizer announced that it will raise the price of its coronavirus vaccine to $110 – $130 per shot.

Biggest losers today include Verizon and Twitter. Verizon is down by 5% despite beating analyst estimates on both earnings and revenue. Subscriber numbers missed estimates, and traders pushed the stock to multi-year lows.

Twitter stock moved towards the $50 level as the U.S. may conduct a security review of Musk’s purchase of the company.

From a big picture point of view, today’s rebound is broad, and most market segments are moving higher. Treasury yields have started to move lower after testing new highs, providing additional support to S&P 500. It looks that some traders are ready to bet that Fed will be less hawkish than previously expected.

S&P 500 Tests Resistance At 3730

S&P 500 has recently managed to get above the 20 EMA and is trying to settle above the resistance at 3730. RSI is in the moderate territory, and there is plenty of room to gain additional upside momentum in case the right catalysts emerge.

If S&P 500 manages to settle above 3730, it will head towards the next resistance level at 3760. A successful test of this level will push S&P 500 towards the next resistance at October highs at 3805. The 50 EMA is located in the nearby, so S&P 500 will likely face strong resistance above the 3800 level.

On the support side, the previous resistance at 3700 will likely serve as the first support level for S&P 500. In case S&P 500 declines below this level, it will move towards the next support level at 3675. A move below 3675 will push S&P 500 towards the support at 3640.

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Finding Business Loans Online – Financing As Close As Your Fingertips

The Internet is the best place for the consumer to find extensive availability of loans, make an informed decision and apply without leaving their home or office. In the past, a prospective business owner had to physically go to a financial institution in person to apply for loans. At the bank or lending institution, they were given a sheaf of papers to complete and often wasted valuable time waiting around bank approval. This process was boring, time inefficient and daunting. Enter the better way: loans online. Courtesy of the Internet, the business entrepreneur can sit at home and go through the entire loan application process online, at any time of day or night. The consumer is offered choices and given the ability to check and compare multiple loan offers.There are various options to financing a small business, which is the purpose of this article, to assist in researching and securing loans conveniently. Depending on the development stage of your small-business idea, you will have different financing requirements than other small businesses.Can you create and customize a loan to suit your needs? One of the answers can be found at a website representing a company called simply Business Finance. This site can help you determine what specific sources of financing are needed, and how the requirements are related to the state of your small business both financially and growth-wise. Business Finance does give a variety of descriptions on the different classes of financing available for small businesses. This enables the loan applicant to better categorize the sort of options for which to apply. Serving as an intermediary for roughly 400 lenders, this website also provides a tool to assist in determining the amount of money you might need to borrow. Lenders will vary as far as loan requirements, but this website offers a description of lending requirements. Not your only source, but one of the best, this website has been focused upon creating opportunities in this relatively new market.The second company that is also greatly beneficial in helping to shop and create financing packages is supported by America One Unsecured Loans. This company specializes in start-up and fast-track loans. A small business entrepreneur seeking money in the form of an unsecured loan can find this an indispensable source to assist with financing needs. At America One, they seem to understand just how frustrating it is to find financing and complete a loan in today’s economic environment. Their specialty product is a signature loan that can be used for any purpose, with no collateral required. Approval is based upon current credit standing.This online resource does offer a very fast turnaround time in regard to approval or denial so that if your need is time-sensitive, an answer is fairly immediate. The turnaround time as listed on the website is one to three days. Once approved, this America One Unsecured Loan can be in the form of unsecured debt, and collateral such as equity in a home may not be needed.Remember that when shopping for small-business loans online, make sure that the financing fits your business requirements and plans for future development.

Skin Care Shouldn’t Have To Be Difficult – Follow These Simple Tips

Do you have problems with taking care of your skin? Do you feel like you have tried everything possible? You are not the only one. Many people are in the same position. That is why the following article was written– to give people with skin care problems some valuable advice.When finishing up your skin care routine find the perfect toner for your skin. It will help tighten your skin and get rid of any dirt or makeup that you may have missed during washing. In place of the toner once a week you should try using a face mask which will deep clean your pores.If you’re still looking for the perfect toner, consider using tea tree oil in your skin care routine. A little tea tree oil mixed with water in a water mist bottle makes for a lovely toner. Like any skin care item, take care to keep it out of your eyes.If you need to use skin care products, use them on a consistent basis. Frequent use will give your favorite skin care products time to achieve the desired effect. If you need a reminder to perform your skin care regiment diligently, keep your products in plain sight. Keep these products near your nightstand for application before you go to bed.To keep skin from becoming dry in the fall and winter, moisturize every single day after your bath or shower. This is the best time to take care of this part of your daily skin care routine because it takes advantage of the moisture that has been absorbed by the skin during bathing.Don’t use germicidal soaps, extremely hot water, or intense scrubs to avoid dry leg skin. Soaps of a germicidal nature tend to remove an abundance of the natural oil found in skin. If you scrub your skin with hot water, the protective outer layout will become damaged. Use beauty soap with warm water and gentle rubbing to avoid dry skin on your legs.To keep your skin looking its best, reduce stress and anxiety as part of your skin care routine. Taking steps to reduce and control stress in your daily life can help your skin look alive instead of tired and grey. Uncontrolled stress short circuits your skin’s natural ability to repair daily damage and often interferes with your ability to get the sleep you need for fresh looking skin.Any skin care routine can be made more effective with the addition of adequate restful sleep every night. Your overall skin quality is adversely affected by the stress to your system caused by lack of sleep. Getting a good night’s sleep is the one highly effective beauty treatment for your skin that is absolutely free.Make sure that your skin care routine involves the application of a foot lotion. Particularly in the winter months, your feet need a strong glycerine based lotion that will keep them from getting too dry. Also exfoliate every once in a while to take off your dead skin; that will help the foot lotion work a little better.To improve your skin care routine, give yourself a dry brush exfoliation with a natural bristle brush every morning or evening before you shower. This will get rid of dead skin cells and help your skin to detoxify, giving your skin a healthier, better appearance. It will also decrease puffiness, and increase blood circulation.As was mentioned in the beginning of this article, many people feel like they have tried everything they can to improve and take care of their skin. The purpose of the above article is to help people in this exact situation. Take this advice, and you will be on the road to perfect skin in no time.

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