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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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Best Skin Care: Top 10 Skin Care Tips

Healthy skin is probably the most important aspect of natural beauty-enhancement. Below you will find the top 10 best skin care tips. Though there are certainly more than 10 important tips to getting the most beautiful skin possible, this skin care tips list is limited to the top 10 that cover the critical points of skin care. Here they are:1. Know Your Skin Type. Determining your skin type is the first thing that must be done because it will determine the products you choose and the daily regimen that you will follow. There is no one product that will suit every skin type. Your type will be classified as dry, oily, or combination. Look for products that specifically deal with your particular type.2. Drink Plenty of Water. This cannot be stressed enough. Drinking lots of water will keep your skin moist and will aid in your overall health. Your skin is the biggest organ of your body and it requires a lot of water in order to be at its best. This is one of the most important tips for overall best skin care.3. Cleanse the skin twice a day. Every day we are exposed to dust, free radicals and outside pollutants that can damage our skin. Even though our skin doesn’t look “dirty”, we must be sure to cleanse regularly and twice a day is the recommended amount. When bathing or cleansing your face, use lukewarm water instead of very hot or very cold water because both of those may damage the skin as well.4. Treat your skin gently. Scrubbing the skin or exfoliating too often is not good for your skin. Never rub, but gently massage the cleanser into your face using upward circular motions. As you age, the skin loses its elasticity and rubbing it or pulling it can actually cause the skin to sag.5. Use a moisturizer. Dry skin looks bad because it’s not getting the proper nutrients that it needs. The dryness will actually cause your outer layer of skin to crack which results in an unattractive look. Choose a moisturizer that is right for your skin type and apply it over damp skin. Also ensure it’s a good quality product that contains the necessary nutrients for best skin care.6. NEVER use body soap on the face. This type of soap is meant for use below the neck. Only use cleansers that are made for the face because they are much more gentle on your skin.7. Use Sunscreen. This point cannot be stressed enough. Using sunscreen will protect your skin against the harmful UV radiation from the sun. You may think that if it’s cloudy that you don’t need sunscreen, but that’s not true. Skin cancer can be caused by exposure to UV rays so don’t forget this very important skin care tip.8. Exercise and get plenty of sleep. Both are essential for great skin and overall health. Lack of sleep and lack of exercise are both causes of sagging skin and wrinkles. Both exercise and sleep will help you to overcome any stress in your life which makes you look and feel better.9. Don’t ignore skin conditions. Be sure to pay attention to your skin and if you notice any abnormalities, consult your dermatologist immediately. It’s best to find out what the condition is before you start self-diagnosing and treating it yourself, which could lead to more problems.10. Try to beat stress. Though we all have stress in our lives, there are ways to lessen it. Understand that stress is harmful in so many ways to your health and to your appearance. It will harm the skin as well so be mindful of this and try to do things to help lessen the stress in your life.

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Conceptualizing Online Business Ideas

There are very many business ideas online. Ideas range from textile business, automotives, and restaurants to marketing ideas. You can be able to sell a lot of things using web media. Bags, apparels and shoes can be sold while there are more absurd ideas which are along the celebrity hairs and also other random things which are just crazy.Selling of silly products online using the eBay is one thing, while creating a sustainable business-online is another. So it takes you to make some evaluations when it comes to making online business ideas.Keep an eye for any arising problem which you can solve: by now, you will notice that the successful online businesses which are thriving and performing well are doing so because there is a problem they are solving for someone, somewhere.There are times when you ask yourself the some questions like ‘what are the problems which I face when doing my day-to-day business’, ‘which challenges do I face when travelling’ and any other questions. Then you answer yourself; what are the solving issues which will address my problems? Having gotten the answers, you can then know how to start a business that will be able to solve and meets the customers’ issues at hand. You will be amazed by the answers which are coming into your head and which will help you start an online business which will do great.Determine whether the idea can be performed online: this article has stated that you are likely to get very many business ideas. Nevertheless, there are those ideas which can’t match into the online world. Some are designed only to be performed manually.Pure online businesses are very different from the traditional businesses. This is because the pure online businesses will provide eBay shops and information running on advertising and affiliate income, not forgetting the number of applications available online which offer services on subscription basis. Internet makes anything possible though. You can get an idea which seems to be inapplicable but getting information and online ideas on how you can combine a thing here and another one there can lead to success of an online business which can do good stuff.Put up a website: this is the last thing to do in developing online idea. The interesting thing about getting ideas of online business online is that it will cost you more when planning than when carrying out the execution of the idea. Get the model of the business down and then start to build the website. This will help you in getting feedbacks from the customers instantaneous. Thus you will be able to address the customers’ needs as they arise.

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