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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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Benefits of Nutrition Supplements

Nutrition supplements are not only necessary but are indispensable even for those persons eating balanced diets. There are several advantages that bodybuilding nutrition supplements are able to provide humans that normal food is not able to give.Let us take a brief look at the benefits of nutrition supplements, as the first step in a nutrition guide.
Healthy nutrition increases energy both in body and in mind
It provides relaxation to the mind and the various body parts
Bodybuilding supplements help in beating stress and fatigue
Nutrition supplements sharpens the mind and improves memory power
Healthy nutrition is a great facilitator of detoxification and in overcoming addiction
Nutrition supplements assist you in achieving internal calmness and a connected feeling
All the above processes help in elevating the overall mood, resulting in higher work efficiency
Healthy nutrition is a natural process that gives you the same or even higher energy boost and mood relaxation from tea, coffee, tobacco, liquors, drugs, etc., without their harmful side effectsBody-mind complex should not be violatedThe major difference between these bodybuilding nutrition supplements and the above listed harmful materials is that the natural nutrition supplements work with the innate design of your body and not against it. All addictive materials definitely work against the body-mind system, though they might appear to be working with them.They do provide stimulation and relaxation. That could not be denied. However, the harmful side effects from drinks, drugs, and tobacco far exceed the momentary benefits derived from them. They become an addiction. They leave you exhausted and run down in the long run, because they work against the natural body system. Constant exposure to such violation of the body and mind leads to the dislocation of internal harmony. Disastrous results ensue.Right nutrition guide to healthy lifeNutrition supplements are the exact opposite of the above listed harmful items in functioning. They not only work the body-mind system but enhance the natural abilities inherent in our complex physical structure. There is nothing miraculous about healthy nutrition and bodybuilding nutrition supplements. By nature, they are designed to supplement and compliment the various body functions and mental activities.They are similar in nearly all the aspects to the various chemicals and fluids that we have in our body and brain. Vitamins, minerals, and amino acids present in our body control the function of the various body parts and the activities of the brain. The nutrition supplements just enhance the energy present in the body to higher levels, increase the focusing power of the mind, and usher in overall well being.

Love Your Money – Love Your Bank Account – Love Your Finances

Sounds crazy to you doesn’t it? Do you find yourself wondering if the guy that wrote that title is a little off in the head? Love your money, love your bank account, love your finances? Who ever heard anything so crazy?Check this out. Are most of the people in the world loving their money these days? Of course, they are not. They are anything but loving their money, right? Is it possible that’s why they don’t have money?Somebody along the line told you to get down when things don’t go right. You know who that somebody is? It’s your friend your mind, that’s who. Your mind tells you get down when things don’t go just exactly as you want them to. And, as things get worse, get more down.Think it through. How do you get up by getting down? How do you get more money? How do you improve your finances? How do you improve your bank account?Here’s your answer. You do it by getting up. To get up, go up.Check this out for yourself. Love is the same energy as positive, success, and abundance. Check it out. How does it feel? Feels right doesn’t it? It feels up, doesn’t it? Of course, it does.Love is goodness. Love is happiness. Love is abundance.The law of the universe is, positive attracts positive.Therefore love your money. Love your bank account. Love your finances.Love them whether you have a little or a lot. Love them in spite of your mind telling you it’s crazy. Love is positive energy. Positive is in the direction of up, right? Love and go up.Love your money, love your finances, love your bank account and they will go up. They will go up because you are up. When you go up, everything goes up. When you’re up, things are looking up.Your mind will try to talk you out of it. Your mind will tell you it’s all just a play on words. You have to decide. Are you going to listen to that mind of yours? How has it worked so far?I’ll tell you how it’s worked. It’s gotten you down. As you have gotten down your money, your bank account, your finances have gotten down, haven’t they?Give love a chance. Give love a chance and see what happens. It’s worth a try isn’t it? It really does make sense, doesn’t it?Whatever your bank balance, whatever your pocketbook, whatever your cash flow, love them and love them some more.The way up is up. Love your money and watch what happens.

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