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.

Have you got sensitive skin? Sensitive skin care is an issue for some of us, not for others. But for people with sensitive skin it can be a major issue.Problems for people with sensitive skin include redness, blotchiness, swelling, rashes, dry skin, tightness and general skin irritation. Sensitive skin can be a problem for those with different skin types, including those with oily skin.Here’s 5 things that you should be doing for optimum sensitive skin care.1. Have an allergy test. There are various allergies that cause skin problems and it always pays to see if you can work out a specific skin problem. If you can determine exactly what is causing the problem it may, (or may not), be possible to do something about it.2. Avoid big name skin care products. The big brand name skin care products are littered with ingredients that can cause those with sensitive skin types to have problems. Unfortunately the FDA doesn’t really regulate the ingredients put into skin care products and many of them contain ingredients that are suspected or known to cause cancer and other conditions, including causing skin problems.It’s ironic that many brands of anti aging and skin care products actually create skin problems, and other health problems. Your skin doesn’t like artificial chemicals, and many people will find the result is skin reactions of various types.One example for you to think about. There is a range of common chemicals caused parabens that are used widely in big brand name skin care products as preservatives. Parabens are listed in the cosmetic database as dangerous, two in particular as a high hazard of at least 7 or 8 on a scale of 1 – 10.Parabens could themselves be causing skin problems, and this is just one example. There are many many ingredients like this used in skin care products that may be causing otherwise healthy skin to become sensitive.3. And it’s exactly the same with cosmetics. Here’s an example. Recent tests showed lead in over 50% of the big brand name lipsticks including some brands that you may well be using now. Avoid big brand cosmetics.And an allergy test may well establish that you have an allergy to one or more of the ingredients in your cosmetics or skin care and anti aging products.For those requiring high quality sensitive skin care avoiding big brand cosmetics and skin care may well, of itself, be sufficient to reverse their skin problems.4. Use low irritant detergents when washing your clothes and other household items. Laundry detergents can also cause skin problems, for those with sensitive skin and also for those with normal healthy skin. For example if you wash your pillow cases and sheets in a laundry detergent that itself has allergens or skin irritants then spend 8 hours with your face lying on that pillow case that itself can cause problems.And avoid anything, including detergents, with fragrances. This includes cosmetics and skin care products. Fragrances, unfortunately, also have their problems. Fragrances are chemicals and can cause skin problems just like some of the other nasty, (and unregulated) ingredients in big name skin care and cosmetic products.5. Find some natural cosmetics and skin care and anti aging products to use.There are excellent natural cosmetics and skin care products available. They are made by small niche companies that are not household names. These companies have a commitment to making high quality skin care and anti aging products and cosmetics that are perfect for optimum sensitive skin care. Usually they are highly price competitive because these companies don’t spend up big on TV advertising.And usually the products will do what they say they will, contrary to those big brand name products that you see on the shelves of your department stores, which should be avoided.Their products are made with naturally occurring plant ingredients known to be safe and non allergenic, and these companies have as much commitment to safety as the quality of their products. And their skin care products for sensitive skin are perfect for those with skin issues.For people with sensitive skin good skin health is a serious issue. Apart from the unsightliness of the redness and dryness, the irritation and itching can drive you mad. Sensitive skin care is a big issue for those people.So if you experience serious skin problems there’s 5 things you can do to start reversing the problem. Do all these things and you may well find that the skin problems you are having just disappear. It isn’t guaranteed of course, but that’s the best place to start for optimum sensitive skin care.

When it comes to apparel, women can be very choosy and this is especially true when they buy their office-wear. Today there is a wide array of apparels to choose from and they come in various sizes and types.The latest buzzword of today’s corporate world is “power dressing.” Power dressing not only makes the employees of corporate companies look young, but it also gives them a sophisticated look. It leaves gender and cultural differences way behind. Today’s corporate world demands this kind of formal dressing.When women dress sharply, their confidence increases and it gives them a sense of authority and empowerment. It lifts up their image at the workplace and helps maintain high professional standards. The inner radiance of women also matters and these women’s corporate apparels can help women achieve that.Women still prefer a softer style in the way they dress. For instance, they prefer to add their own accessories to the power dressing. Women choose apparels that are comfortable and give a feminine look to them. Women should be careful however to see to it that they avoid the casual style as far as possible and embrace a more conservative style.Being conservative in dressing style only enhance the image of women in society. It still retains the essence of being elegant and the air of panache.The colors women choose for their apparel is also very important, as this reflects back on their personality. The most preferred colors for the dress as well as for the shoes are usually pastel colors, dark brown and stylish black. These colors compliment your eyes and skin.The way women do their coiffure also goes a long way in enhancing the confidence of women. And last but not the least; women need to dress for success.