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.

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.

Anti Aging Skin Care Treatment – The 7 Secrets to Beautiful Skin

The way we age is part hereditary but mostly related to the environment, how we take care of our skin, and products we use. Products do differ in the benefits. It can be very confusion and often exhausting reading labels and trying to determine the most benefit to your skin. The ingredients lists of our products are lengthy and often have long words only known to chemist.But it is more than the products. What you do to take care of your skin makes a difference.1. Use a Gentle Wash. Washing and removing all make up, oil and dirt from your face in the morning and at night is important. Don’t go to bed with make up on. Washing your face in the morning and washing your face at night is very important. Washing your face is the first step to beautiful skin and good skin care. Washing your face in the morning will open your pours and refresh your face to start your day whether you wash in the shower or at the sink. Make sure your facial wash is PH correct. A wash should not be drying or stripping.2. Use a Toner. Use a toner to remove what washing your face did not remove. A toner is a necessary part to any skin care treatment or skin care regimen. The toner should be a PH correct to maximize your cleaning effort and restore balance.3. Use an Eye Cream. An eye cream is very important. The skin under your eyes is different than the skin on your cheeks, chin, or forehead. The skin under your eyes is very delicate. Your eye cream should help reduce the puffiness and tighten the skin underneath your eyes. If you can only afford one good product for your skin care, buy a good anti-aging eye cream.4. Use a Moisturizer. The moisturizer will help you to achieve and maintain beautiful skin. The moisturizer must have minerals and vitamins in the ingredients. Copper is known to be one of the best minerals for an anti-aging skin care regimen. Stay away from products that have mineral oil and petroleum products as an ingredient. Mineral oil can clog your pours. Mineral oil prevents the minerals and vitamins from penetrating the first layer of skin to go down deep into the pours where they do their work. Moisturizers provide your skin with the necessary drink it needs to remain hydrated. You want to use a moisturizer that will hydrate your skin without leaving an oily feeling. Use products that have protection against the UV Rays even in the winter months. Your face is exposed to the sun even in the winter months.5. Use a Night Cream. A night cream will help to replenish your skin with nutrients needed for the rebuilding of your cells. Make sure the night cream is placed on a clean face. A night cream will provide moisturize and rejuvenate your skin while you sleep.6. Use all the above products on your neck as well. Many women stop the facial skin care at the jaw line omitting one of the most important parts of our body for skin care. That is the neck. Do your body a favor and provide all the same skin care to your neck. You will notice a difference. Did you know the appearance of wrinkles on your neck can give away your age? Take the extra 30 seconds and give your neck the treatment it deserves.7. Most important take care of your skin from the inside out. Taking care of the skin only goes so far! It is imperative to provide your body with the necessary vitamins, minerals, and antioxidants to build beautiful skin. An antioxidant will rid your body of the free radicals preventing your cells from achieving maximum health.Okay, now that you know the 7 (seven) secrets to beautiful skin you may ask is it really important to use all those products? Yes, it is. Each of the 7 (seven) secrets provide individual benefit to your skin. It would be great it just one product could provide all the benefits but frankly it would not work. Would you expect your wash to offer a moisturizing benefit that would not require any other skin care product? Think about it, how could you possibly get the best minerals, botanicals, and vitamins such as copper, wheat germ, aloe, cucumber extract, green tea, just to name a few, into one bottle. Good products will provide you with a quick but beneficial skin care system. A beneficial skin care system should help to make you look as young as you feel. It should take tired eyes and make them look younger when the dark circles and puffiness and fine lines are visibly reduced. A botanically based formula support the special skin care needs of both men and women. An anti-aging skin care system should produce results to beautify skin. A skin care system that produces results should firm the appearance of the skin while creating a brighter and smoother skin.