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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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My Anti Aging Skin Care Review – 3 Things You Must Know

In my anti aging skin care review of dozens of products, I’ve discovered three crucial things that separate an effective anti aging skin care system from those that don’t measure up.It’s taken me over a decade to acquire this knowledge. Like you, I’d been noticing the unmistakable signs of my advancing age: an ever-increasing number of wrinkles, skin sagging around my neck (and other places), cellulite on my legs (yuck), bags under my eyes that seem to keep getting heavier. I could go on, but I don’t think I need to–we all deal with these things.I drank lots of water, followed a healthy diet, and tried to exercise regularly, but while those steps helped, they didn’t seem to be enough. I didn’t want to go the cosmetic surgery route. I knew there had to be good anti aging skin care products available that would really help to rejuvenate my skin.I finally found them. And in the process, here’s what I learned from my anti aging skin care review.1) A good anti aging skin care system does not use fragrances.Most fragrances are actually chemicals. If you have sensitive skin, like I do, a lot of these fragrances can irritate your skin.I also learned that many common fragrances can even impact your central nervous system, influencing your moods–and not in a good way. Who would have thought that merely putting on a cream that smells good can actually make you irritable because of the questionable ingredients it contains?In my anti aging skin care review research, I found a few skin care products that are 100% fragrance-free. I’ve been using them ever since.2) An anti aging skin care system should be clinically proven to work.Popular skin care brands usually try to convince us of the efficacy of their products by having glamorous Hollywood actresses claim Product X is responsible for their ageless beauty. But how about less hype, and more scientifically verifiable evidence?My research led me to an anti aging product that has been clinically proven to increase skin elasticity by 42% over an 18 day period. Greater skin elasticity equals fewer wrinkles, and smoother, more youthful looking skin.Look for skin care products backed up by facts–not Hollywood hype.3) An anti aging skin care system should use a high concentration of active ingredients.While conducting my anti aging skin care review, I found that many of the well-known cosmetic brands that I’d been using for years contained only scant amounts of active ingredients.These active ingredients are important–the more included in a skin care product, the greater its potency. But a lot of skin care treatments use mostly synthetic waxes and fillers, substances that have no impact whatsoever in rejuvenating your skin.I recommend using only products that have an active ingredients composition of at least 50%. Admittedly, that’s a high percentage, but such anti aging skin care systems do exist.Your next step? Start using the lessons I learned during my anti aging skin care review, and visit my web site to find out more about the natural skin care methods I personally use, and highly recommend.

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Innovative Internet Marketing Ideas – Advantages and Disadvantages

If you are a business owner or even if you are about to become one, there is a good chance that you have heard of innovative internet marketing ideas before. Although you may have heard of these ideas before, do you know what they are? Do you know what they can do for you and your business? Are you using the same old marketing techniques used by everyone else in the industry and struggling for traffic and business? Lets examine the advantages and disadvantages of using innovative internet marketing ideas to promote your business.Before you start to examine the advantages and disadvantages of innovative Internet marketing, it may be a good idea to examine exactly what it is. As a business owner or a soon to be business owner, you likely already know what Internet marketing is. Marketing is getting your business out into the general public; it is done by targeting your intended audience, your customers. That targeting is done by way of the internet; thus the title, internet marketing. It is also important to understand how to be innovative and how that ties into internet marketing. Innovation is another word that is often used to describe something new; therefore, innovative Internet marketing ideas are relatively new ideas, particularly ideas that have just recently been developed.When it comes to innovative internet marketing ideas and your business, you will find that there are a number of benefits. One of those benefits is the ease of use. Even if you do not have a large amount of computer experience, you will often find the internet easy to use. Whether you are interested in making your business an online website, starting a business newsletter, or conducting a demographic analysis online, you should easily be able to do so. Even if you do not know how to start up your own newsletter, do an online poll, or make your own website, you should be able to learn, often in no time at all. The internet offers information on starting all kinds of businesses.Once you have chosen your niche, or specific area or product that you would like to promote or sell, try searching the internet for similar products or services. In this way, you can determine any potential competition. If competition exists, you can decide if you want to compete, or find a complimentary product or service to promote. If competition doesn’t exist, and there is a market looking for answers to a question, this would be a perfect niche market to begin a business in.In addition to using the Internet to put your innovative marketing ideas to into motion, you can also use the Internet to find those ideas. Using the Internet to find innovative Internet marketing ideas is a relatively quick and easy process. By staying up-to-date on the latest business and marketing news or by performing a standard Internet search, you can easily be kept in the loop, when it comes to Internet marketing ideas, particularly new ones. If you have a niche that you are interested in, often signing up for related newsletters or chat rooms can lead to the discovery of a new business idea or marketing technique. If you put those ideas into motion, as soon as you hear about them, your business may be given an edge above the rest of its competition. In fact, a new innovative Internet marketing idea may be just what you need to get your business up and running.What is also nice about innovative Internet marketing is that, although it is relatively easy to develop your own marketing ideas and execute them, you don’t necessarily have to. For example, there are a large number of individuals who specialize in Internet marketing. Those individuals, who are often referred to as internet marketing specialists, can be found online. An internet marketing specialist is a trained professional who can not only come up with new ways to market your internet business online, but they can also execute those ideas for you, for a reasonable fee. Whether you don’t have the time to develop an effective marketing plan or if you want to avoid the hassle of doing so, an internet marketing specialist may be able to offer you assistance.Although there are a large number of advantages to using innovative marketing ideas to promote your business, there are also a few disadvantages to doing so as well. One of those disadvantages is the fact that innovative marketing ideas are new. With new marketing ideas, they have sometimes yet to be tested or proven; therefore, you are really given no guarantees that a new, innovative Internet marketing idea really will work. Of course, it is important to remember that with business, there are always risks. Trying a new innovative internet marketing idea may not work out to your advantage, but it may also be the best thing that has ever happened to your business.