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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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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.

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Travel and the Economy

In spite of the global melt down and the economic crisis facing many an industry, there is one industry that is still thriving. The travel industry. Recession or no recession, people have to travel and they do. Not only domestically but also internationally. Not only for personal purposes but also for business and for tourism also. We can almost say that the stress of the economic depression is making people travel and relax!There is a saying that goes: “One man’s meat is another man’s poison”. And, on the same analogy, one individual’s idea of relaxation might be a villa in the South of France overlooking the beach and the sea, surrounded by “Abigails and Andrews” whereas that of another may be a tent in a remote spot on the same beach.Just like in housing, where houses are being foreclosed and going for a song and it is a “buyers market”, the travel business is also on cloud nine and the offers for a memorable vacation in some of the exotic places on the planet surround the potential traveler. Travel agents the world over are trying their best to get people to travel. It is now time to take advantage of these offers and have a rollicking holiday in a new place.But do you choose a place and do your budget or do you do your budget and choose a destination. The second is the wiser course as the first may turn out to be unaffordable. But there are such o lot of offers that you can even choose a place and then do your budget. Just see to it that it does not get you in the red, financially.Once you have made up your mind to go somewhere for a vacation, immediately a number of questions popup. Is your passport current? What are the places that you are going to visit at your destination? What kind of accommodation are you going to live in? An independent house, a condo or a hotel room? What about transportation? You have to choose a location that is fairly easily accessible from the place of your stay. Try finding a resort that has its own transportation to the local attractions.These are only some of the factors that you have to consider before setting out on your dream vacation. But whatever maybe, this is the ideal time for you to take that ideal vacation and make use the travel deals on offer.