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.

Traps to Avoid When Transitioning from Home Schooling to a Public or Private School

Many homeschoolers have to face that moment when their children go to a public or private school. Even though they have decided the time is right and have researched all the schools, the transition can be tough for families. Here are a few traps that some home school parents fall into after they have committed to sending their child off to school:1.Expecting a Miracle. This is the one of the biggest disappointments for many home school families. Some expect that a child’s social or academic weaknesses will be overcome in the first quarter at a public or private school. Usually this attitude comes from home school parents who have doubts about their own teaching. Maybe home schooling wasn’t all they had hoped for. Maybe they found that although some subjects went well, others had not been easy. Don’t expect that the school you have chosen will be able to make up for your child’s weaknesses quickly. Be sure to talk to his teacher ahead of time, to highlight areas you perceive as weak, so the teacher can be attentive and proactive.2.Don’t Take It Personally. When you teach your child at home, it is a very personal experience. It’s sometimes difficult to see an F on a paper that your child completes for her new school. You may take it personally, feeling like you earned the F. Please don’t. Even if you helped your child complete the homework, it’s not all about you. Don’t let your pride get in the way of your child’s education. Look through the homework when you’re calm. Then set up an appointment to discuss it with the teacher, if you don’t understand where the failure occurred.3.Expecting a Teacher to be Just like You. There is no one that teaches exactly like you. Don’t expect them to! You may have done science experiments with every lesson, but your child’s science teacher prefers to lecture with a weekly lab. You may listen to your child read aloud for an hour a day. That is impossible in most schools. Your child is no longer the primary focus of the teacher, and that’s hard for some homeschoolers to remember. When you call the teacher and ask if your child ate all her carrots for lunch, realize that the teacher will most likely have no idea. That’s more of a parenting issue (or one of individual responsibility for the student.) It’s not a teaching responsibility, nor do most teachers have a memory for so many little things.4.Do Not Attack the Teacher. Always keep communications open with the teacher. Ask for a meeting every other week, if you like, but don’t use that time to attack the teacher’s teaching methods or abilities. Writing a five-page manifesto and making the teacher cry and flee the room are ways to alienate yourself and make the teacher never want to attend your meetings again. It would be better to address only one or two things per meeting. Give your observations (not judgments) then let the teacher talk. Continue to observe and give your opinions in a heartfelt way. Then, give the teacher time to think about what you have said. You may wish the principal and other teachers to attend, depending on your concerns. Larger groups often come up with solutions and strategies and don’t deteriorate into personal attacks.5.You Won’t Like Everything. Realize that you have chosen the best school for your child, but that does not mean it’s perfect. Maybe you preferred a school that meets your religious education expectations, but they give more homework than you think is necessary. Perhaps you chose a school that has a more personal style of education, but you find out that the they aren’t structured enough for your child. Try to think through everything that is a high priority before you register at the school. Then, commit yourself to stay at the school for the entire year (barring anything that violates your high priorities.) Even if things get tough, you’ll probably find that it’s worth the minor disagreements and disappointments to get the benefits that your family really values.It is never easy to make such a big transition, but if you think about these five traps as you switch from a home school environment to a public or private school, you may be more successful and less stressed than some home school families who have gone before you.

Become a Certified Pharmacy Technician

When you finish your pharmacy technician course, you would still need to go through one more step before you can work as one. You need to become a certified pharmacy technician, often abbreviated as CPhT. The PTCB exam is given three times every year for those who want to aspire to be full pledged pharmacy techs. Only a few states in America require pharmacy techs to get certified but it pays to undergo the exam in case you get a job elsewhere that will require you to be a certified pharmacy technician. You will realize that many employers prefer certified pharmacy technicians over non certified ones because they possess official recognition that they are qualified to do the job.The purpose of the exam is to make sure that anyone who will be pursuing a career in pharmacy technology will have the basic knowledge required in this field. The exam will also make sure that you have the foundation as well as the proper training in order to meet the daily requirements of the job. The exam tackles the core knowledge and skills that are expected from a good pharmacy technician. The certification exam also is a regulatory procedure by the government to make sure that the health professionals who give health care to the patients all around the country are all qualified to do so. It ensures the safety of the citizens of the country.There are a few requirements before taking the certification exam for pharmacy techs. First, you must possess a high school diploma, GED or its equivalent if you are from another country, and you must be clear of any drug related cases in the FBI, or its foreign equivalent. Furthermore, you must no be under any form of limitation from any State Board of Pharmacy.If you have satisfied the prerequisites above, then you are eligible to take the exam. You need to pass the PTCB exam to be able to be awarded the pharmacy technician certification status. It is best that you review your past courses in your pharmacy technician programs and concentrate on getting the basics and foundation memorized by heart. This is a very important exam that can be the start of your career.Certifications are renewed every two years. For each recertification that a pharmacy technician undergoes, there is a required 20 hours of further education within the two year period prior to the certification exam day. This means that the candidate must be able to take refresher courses from the desired college, organization, associations or pharmacy technician programs, with at least one hour pertaining to pharmacy law. Ten of the 20 hour requirement can also be earned under direct supervision of a pharmacist. The continuing education requirement is a great opportunity for the candidate to refresh his memory about the core knowledge and skills needed by a pharmacy technician and it is also a chance to be updated with the developments in the field.The Pharmacy Technician Certification Board exam will be taken using a computer and not a paper and pen, as it was previously administered a few decades ago. It has 90 multiple choice questions that cover the basics in pharmacy technology such as assisting pharmacists in providing service to various patients,maintenance of medication and systems that concern inventory control, and role and participation in the administration and management of good pharmacy practice. These are the topics that the Board feels are essential to having a well rounded pharmacy technician who is fit to serve the vast group of patients all over the United States of America.