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.

What Are The Greatest Changes In Shopping In Your Lifetime

What are the greatest changes in shopping in your lifetime? So asked my 9 year old grandson.

As I thought of the question the local Green Grocer came to mind. Because that is what the greatest change in shopping in my lifetime is.

That was the first place to start with the question of what are the greatest changes in shopping in your lifetime.

Our local green grocer was the most important change in shopping in my lifetime. Beside him was our butcher, a hairdresser and a chemist.

Looking back, we were well catered for as we had quite a few in our suburb. And yes, the greatest changes in shopping in my lifetime were with the small family owned businesses.

Entertainment While Shopping Has Changed
Buying butter was an entertainment in itself.
My sister and I often had to go to a favourite family grocer close by. We were always polite as we asked for a pound or two of butter and other small items.

Out came a big block of wet butter wrapped in grease-proof paper. Brought from the back of the shop, placed on a huge counter top and included two grooved pates.

That was a big change in our shopping in my lifetime… you don’t come across butter bashing nowadays.

Our old friendly Mr. Mahon with the moustache, would cut a square of butter. Lift it to another piece of greaseproof paper with his pates. On it went to the weighing scales, a bit sliced off or added here and there.

Our old grocer would then bash it with gusto, turning it over and over. Upside down and sideways it went, so that it had grooves from the pates, splashes going everywhere, including our faces.

My sister and I thought this was great fun and it always cracked us up. We loved it, as we loved Mahon’s, on the corner, our very favourite grocery shop.

Grocery Shopping
Further afield, we often had to go to another of my mother’s favourite, not so local, green grocer’s. Mr. McKessie, ( spelt phonetically) would take our list, gather the groceries and put them all in a big cardboard box.

And because we were good customers he always delivered them to our house free of charge. But he wasn’t nearly as much fun as old Mr. Mahon. Even so, he was a nice man.

All Things Fresh
So there were very many common services such as home deliveries like:

• Farm eggs

• Fresh vegetables

• Cow’s milk

• Freshly baked bread

• Coal for our open fires

Delivery Services
A man used to come to our house a couple of times a week with farm fresh eggs.

Another used to come every day with fresh vegetables, although my father loved growing his own.

Our milk, topped with beautiful cream, was delivered to our doorstep every single morning.

Unbelievably, come think of it now, our bread came to us in a huge van driven by our “bread-man” named Jerry who became a family friend.

My parents always invited Jerry and his wife to their parties, and there were many during the summer months. Kids and adults all thoroughly enjoyed these times. Alcohol was never included, my parents were teetotallers. Lemonade was a treat, with home made sandwiches and cakes.

The coal-man was another who delivered bags of coal for our open fires. I can still see his sooty face under his tweed cap but I can’t remember his name. We knew them all by name but most of them escape me now.

Mr. Higgins, a service man from the Hoover Company always came to our house to replace our old vacuum cleaner with an updated model.

Our insurance company even sent a man to collect the weekly premium.

People then only paid for their shopping with cash. This in itself has been a huge change in shopping in my lifetime.

In some department stores there was a system whereby the money from the cash registers was transported in a small cylinder on a moving wire track to the central office.

Some Of The Bigger Changes
Some of the bigger changes in shopping were the opening of supermarkets.

• Supermarkets replaced many individual smaller grocery shops. Cash and bank cheques have given way to credit and key cards.

• Internet shopping… the latest trend, but in many minds, doing more harm, to book shops.

• Not many written shopping lists, because mobile phones have taken over.

On a more optimistic note, I hear that book shops are popular again after a decline.

Personal Service Has Most Definitely Changed
So, no one really has to leave home, to purchase almost anything, technology makes it so easy to do online.
And we have a much bigger range of products now, to choose from, and credit cards have given us the greatest ease of payment.

We have longer shopping hours, and weekend shopping. But we have lost the personal service that we oldies had taken for granted and also appreciated.

Because of their frenetic lifestyles, I have heard people say they find shopping very stressful, that is grocery shopping. I’m sure it is when you have to dash home and cook dinner after a days work. I often think there has to be a better, less stressful way.

My mother had the best of both worlds, in the services she had at her disposal. With a full time job looking after 9 people, 7 children plus her and my dad, she was very lucky. Lucky too that she did not have 2 jobs.

An Anti-Aging Skin Care Guide – 3 Action Ideas to Restore Your Skin

If you’re like me you want an anti aging skin care guide that is both simple and easy to follow. Right?A good guide to anti aging skin care treatment will not be complex or impractical. How many times have you enthusiastically started a health program, such as a diet, only to find a few weeks later that the guide is just too much work, too involved, and that you are slowly giving up and slipping back into the old habits? Those guides were not helpful in the long term and you need to find an anti aging skin care guide that works better than that.Here’s three simple yet effective guidelines for anti aging skin care that will get your skin looking younger. Together they make an easy-to-follow anti aging skin care guide that will work wonders for your skin.First, drink lots of water.I know this sounds a little unrelated to skin care, but getting a good amount of drinking water through the day is a good anti aging skin care treatment.This is because our body is 70 percent water and skin is the biggest organ in it. By drinking, say, seven or eight glasses of good, pure water each day your skin will maintain its natural hydration level and help your looks. Don’t drink too much: eight glasses is normally about right. And don’t drink the rubbish from your tap: drink good water. This simple guideline will definitely lift your anti aging skin care efforts.Next, be moderate as you sun tan.We like to have a tan. people who look at us expect it and a certain amount of sun tan is healthy. Enjoy it. Sunshine helps your body produce that very essential Vitamin D. But you can over-cook your skin in strong direct sun. Enjoy it too much over a long period of time and you will cause a drop in the levels of hyaluronan your skin has. This substance has a key role in repairing skin tissue and is being increasingly studied because of that. Let me simply say, we attack hyaluronan to our own peril.So get into the habit of wearing a hat when the sun is fierce. I’ve recently put a peak on my cycle helmet to shade my eyes and forehead when I ride, and you’ll be able to think of things like which will help keep the sun off you when you’re out in it. This is the easiest part of my anti aging skin care guide.Sunscreen lotion is not the answer. For one thing, some brands include chemicals which damage your skin and affect your health long-term. But also, we can frequently avoid the sun’s rays without using artificial screens just by modifying where we go, when, and how we dress.Finally, eat well.Again, this is probably not what you expected in an anti aging skin care guide, but get a good intake of the dark, leafy vegetables like spinach. Early aging in the skin is often the work of free radicals. These molecules move around our body, damaging cells and have a particularly good time in our skin. The antioxidant-rich leafy green vegetables neutralize the free radicals before they harm your cells and your skin. So deliberately plan to eat these vegetables regularly.So there you have it. Some simple guides that will help your anti again skin care treatment. Follow them regularly. Make them a pattern of your life and health, and they’ll form a sound foundation so your skin remains smooth and looks younger.You can also take up some special treatments that will enhance this foundation of natural skin care. One of the best ways is to use high quality anti aging skin care treatment cream. When you find a truly high quality cream it should do three things for you.First, it will get in step with the natural processes in your skin to close up the fine lines and wrinkles that spoil the look of older skin. Good quality skin care creams have ingredients that stimulate these processes, and some of them will help even out blotches and color differences across your face and arms.Second, it will help keep your skin soft to touch and smooth and even when pressed, by ensuring it is hydrated to a good level. Dry skin cracks and is rough to the feel. A good cream makes sure yours is not like this.And lastly, it will boost your skin’s natural youthfulness by gently boosting up the levels of collagen and elastin that are important for skin to appear young. These are the two things that do most of the work in keeping us looking young as age breaks them down in our skin. Special substances like Phytessence Wakame and Nanobelle CoenzymeQ10 in a cream can help the body boost its collagen and elasin levels.More could be written about this, and I will do that in the months ahead. But now, believe me, once you start to use this anti aging skin care guide and pick anti aging skin care treatment creams thoughtfully I think you’ll find your skin will retrieve some of it youth and quality.