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.

Defeat Cash Advance and Credit Card Debt With Your Tax Return

Upon getting information about an upcoming school science fair and the need to consider a topic of interest, many students will typically have no idea where to get started. While the science fair is typically a common occurrence in any school at any grade level, there are different types of topics that should be taken a look at depending on the age of the student. After first taking a look at the many different categories of science projects, you will be able to locate a suitable choice of topic to take to the next level.There is a wide variety of categories that fall under the types of science projects that can be chosen for a school science fair. These include biology, chemistry, physics, microbiology, biochemistry, medicine, environmental, mathematics, engineering, and earth science. While you may not have yet learned very much in any of these categories, don’t be afraid to see what each one entails. Taking a good look at your interests will allow you to focus on the right direction to take.Many resources are also available for those who are unsure as to the topic they are wanting to use to create their science projects. If you take a look at the topics that fall under the biology category, you will likely notice that there are topics that deal with plants, animals, and humans. For those who are in 2nd grade or 3rd grade, an interesting topic may be to determine if ants are picky over what type of food they eat. While this topic might not be of interest to an 8th grader, it is certainly something in the biology category that an elementary school student would enjoy.Along with the biology category, a high school student may want to take a look at diffusion and osmosis in animal cells as this would be a more appropriate topic for the grade level. A student in 6th grade would be more advanced than an elementary school student, but not as advanced as a high school student. At this middle school grade level, a topic of how pH levels effect the lifespan of a tadpole may be of interest.Whichever resource is used to locate a topic for science projects, it is always a good idea to consider the grade level of the student prior to making a selection. It is always assumed to be best to have a project at an appropriate level in order to keep the attention of the student and provide a fun and enjoyable learning experience.

An Anti Aging Skin Care Review Guide – 5 Highly Proven Ingredients and 3 Toxic Substances to Avoid

It is easier for people to gauge the effectiveness of any anti aging skin care review by simply reading the recommendations that evaluate products.  Like me, many of these people (and perhaps you) have struggled with lines and wrinkles, especially on the face and want a simple, yet effective system to remove these flaws.Many products, however, require frequent reapplication to make our skin look better and unfortunately, they do nothing to improve the state of our skin.  The “improvement” simply lasts until the skin lotion or cream fades or washes away.In this anti aging skin care review, we will look ways to use products that actually benefit and improve your skin, while avoiding those with chemical additives that irritate skin and could make you sick.Anti Aging Skin Care Review Tip #1 – Toxic SubstancesFirst in this anti aging skin care review, let’s consider the chemical additives.  Anything you apply to skin is literally ingested by it, which means that it is absorbed through the layers of the skin and makes its way to the blood stream. Parabens are preservatives designed to make skin products last longer.  Unfortunately, they are also linked to many cancers and are artificial substances you would never find naturally in the body.  Instead, look for natural preservatives such as natural Vitamin E, which also has some great health benefits.Mineral Oils are also known as petrolatum, liquid paraffin, and paraffin wax on the label.  These oils clog up the skin’s pores and disrupt the body’s ability to get rid of toxins, and can lead to serious acne problems.  It also leads to a faster aging and irritation of skin if used for a prolonged period of time.Fragrances are also another chemical added to most skin products to make them more appealable to consumers.  The problem is, these added chemicals irritate skin and detract from the benefits that the product provides.  When you really think about it, there is no reason you absolutely have to smell good on every square inch of your body.  And if you need to smell good, use a perfume or cologne, preferably on clothing.Anti Aging Skin Care Review Tip #2 – 5 Great Ingredients to Look ForWhen it comes to an anti aging skin care system, natural ingredients are what is most important.  Use ingredients such as Nano-lipobelle H-EQ10, which deeply penetrates all layers of skin, helping to replace the Coenzyme Q10 (an energy provider for cells) in skin as we age.  It also mentioned in an anti aging skin care review to be highly effective at preventing UV damage.Jojoba Oil is a highly effective oil that is extremely similar to human sebum, which is the oil produced by the skin.  With Jojoba Oil, your skin gets the right amount of oil regardless whether you have dry or oily skin.  It helps to moisturize and soften skin, while also helping to significantly reduce wrinkles and stretch marks.Natural Vitamin E is in this anti aging skin care review because it’s a well known antioxidant that helps protect skin from damaging free radicals which come from sun exposure and aging. As mentioned before, it is a natural preservative and reduces the appearance of fine lines and wrinkles.Active Manuka Honey is a great skin healer and makes the elastin fibers within cells stronger.  It actively supports cell regrowth and regeneration.  Additionally, Active Manuka Honey nourishes and rejuvenates skin, making it look softer and younger, and is very effective at penetrating through all of the skin’s layers.Another key ingredient to look for in an anti aging skin care system is Cynergy TK.  It is highly effective at stimulating the body to naturally produce collagen and elastin, two crucial proteins when it comes to caring for your skin.  Cynergy TK promotes firmness and elasticity in skin while also stimulating new cell growth.  It is known for significantly reducing fine lines and wrinkles and making skin smoother and younger looking.That sums up this anti aging skin care review.  Keep these ingredients in mind when looking for your next skin care product.  Knowing what ingredients to look for and what to stay away from are equally important when it comes to caring for your skin.  Take care of your skin and your body, and you will see great results over time.