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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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Nutritional Supplements – A Waste of Money?

You may be surprised to learn that nutritional supplements vary significantly in quality and effectiveness. Even products with the same brand name may have very different results varying from some positive effects to no effect or, in some cases, harmful effects.Formulations are often thrown together using ingredients which have had lots of media attention, in an attempt to fill a demand and make some money at your expense. No thought goes into what nutrients are combined with what minerals or what enzymes.The fact is, you can’t simply cram a bunch of popular, high profile nutrients together in a pill and expect them to be of any benefit to your health. Without proper formulation, supplements will not have the nutritional cofactors and phytonutrients your body requires. As a result, your body will not recognize and absorb the nutrients and they will (hopefully) pass through your system with no benefit. I say hopefully because, in some instances, they will actually do more harm than good.Now you are thinking, “How can nutritional supplements harm me?” Read on and I will explain.To ensure nutrition is delivered to the cells of your body, it is necessary that each nutritional supplement contains a formulation specifically matched with quality whole food ingredients. In other words, each product contains the necessary enzymes, minerals and co-factors in the exact balance that is found in nature.This “delivery system” should:

Deliver the nutrients to the blood stream quickly,

Ensure the highest absorption possible,

Provide minerals and co-factors which promote optimum enzyme activity,

Guarantee that the nutrients are delivered to the cells of your body and

Support your body’s natural absorption processes.
What happens if the supplements I take do not have a delivery system?Coordinated enzymes and minerals must be present for nutrients to reach the cells of your body. As a result, certain minerals and co-factors are required in order for enzyme activity to occur. If they are not available, enzyme activity “robs” your body’s nutrient stores to make up the shortfall. Over a long period of time your health may suffer and in some cases, the effects may be irreversible.What is meant by the term “cellular nutrition”? Do the cells in my body actually eat? Yes! In a manner of speaking, they do eat.In 1942, the nutritionist Victor Lindlahr published “You Are What You Eat: how to win and keep health with diet”. (The phrase is actually much older but it appears that this publication is what brought it into the public consciousness) Since that time we have been obsessed with the notion that if we eat a well balanced diet we will ensure good heath and vitality.However, in recent history, nutritionists have discovered that it is not necessarily the nutrition we consume but the nutrition that is delivered to and absorbed by our cells that determines our health. This is why it’s important to ensure that each cell not only receives the nutrients it needs but receives it in a format that is recognizable and easy to absorb (eat).What can stop supplements from reaching my cells?If a nutritional supplement does not have the right molecular structure they may not be able to make the journey through the stomach and into the blood stream.Sometimes this can be a good thing. “Vitamin C from ascorbic acid” (have you seen this phrase on labels?), for example, contains only a fraction of the whole vitamin C. If this fractionated nutrient were to get through, the rest of the co-factors would have to be obtained so that it can be utilized. This “robs” your body of vital reserves and may result in unfavorable health conditions in the future.What happens when vitamins and minerals are not absorbed?When vitamins, minerals and herbs are not absorbed they can get into areas of your body where their presence will cause problems. Iron in your liver, for example, can cause liver damage because your body is unable to dispose of it. Other vitamins and minerals, especially vitamins A, D, E and K can cause similar problems in other organs.So, to answer the question posed at the beginning of this article…… Are Nutritional Supplements a Waste of Money?They can be if they do not include a strategy that ensures Cellular Nutrition Guaranteed but ….If your supplements incorporate a good strategy for Cellular Delivery along with:

100% all-natural raw materials that Obey the Laws of Nature,

Nutrition that fulfill your body’s needs not market trends,

A holistic formulation that does not interrupt or interfere with the harmony and balance of the natural functioning of your body and

Nutrition from whole food complexes (example: whole food vitamin) not fractionated or synthetic sources,
You will be surprised at the fantastic results you can achieve.”Guaranteed Cellular Delivery” – What a concept!

Shoe Repairs And Several Other Things When I Was 7

Shoe Repairs And Several Other Things When I Was 7
My Dad repaired most of our shoes believe it or not, I can hardly believe it myself now. With 7 pairs of shoes always needing repairs I think he was quite clever to learn how to “Keep us in shoe Leather” to coin a phrase!

He bought several different sizes of cast iron cobbler’s “lasts”. Last, the old English “Laest” meaning footprint. Lasts were holding devices shaped like a human foot. I have no idea where he would have bought the shoe leather. Only that it was a beautiful creamy, shiny colour and the smell was lovely.

But I do remember our shoes turned upside down on and fitted into these lasts, my Dad cutting the leather around the shape of the shoe, and then hammering nails, into the leather shape. Sometimes we’d feel one or 2 of those nails poking through the insides of our shoes, but our dad always fixed it.

Hiking and Swimming Galas
Dad was a very outdoorsy type, unlike my mother, who was probably too busy indoors. She also enjoyed the peace and quiet when he took us off for the day!

Anyway, he often took us hiking in the mountains where we’d have a picnic of sandwiches and flasks of tea. And more often than not we went by steam train.

We loved poking our heads out of the window until our eyes hurt like mad from a blast of soot blowing back from the engine. But sore, bloodshot eyes never dampened our enthusiasm.

Dad was an avid swimmer and water polo player, and he used to take us to swimming galas, as they were called back then. He often took part in these galas. And again we always travelled by steam train.

Rowing Over To Ireland’s Eye
That’s what we did back then, we had to go by rowboat, the only way to get to Ireland’s eye, which is 15 minutes from mainland Howth. From there we could see Malahide, Lambay Island and Howth Head of course. These days you can take a Round Trip Cruise on a small cruise ship!

But we thoroughly enjoyed rowing and once there we couldn’t wait to climb the rocks, and have a swim. We picnicked and watched the friendly seals doing their thing and showing off.

Not to mention all kinds of birdlife including the Puffin.The Martello Tower was also interesting but a bit dangerous to attempt entering. I’m getting lost in the past as I write, and have to drag myself back to the present.

Fun Outings with The camera Club
Dad was also a very keen amateur photographer, and was a member of a camera Club. There were many Sunday photography outings and along with us came other kids of the members of the club.

And we always had great fun while the adults busied themselves taking photos of everything and anything, it seemed to us. Dad was so serious about his photography that he set up a dark room where he developed and printed his photographs.

All black and white at the time. He and his camera club entered many of their favourites in exhibitions throughout Europe. I’m quite proud to say that many cups and medals were won by Dad. They have been shared amongst all his grandchildren which I find quite special.

He liked taking portraits of us kids too, mostly when we were in a state of untidiness, usually during play. Dad always preferred the natural look of messy hair and clothes in the photos of his children.

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