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.

Affordable Accommodations Near San Francisco Airport

San Francisco is no doubt one of the United States most attractive and popular cities, given its rich mix of varied cultures and people. With its proximity to Los Angeles and other major cities on the American west coast, San Francisco is also home to a large number of global businesses.Traveling in San Francisco may seem intimidating to many given the steep climbs of its streets, but the trade-off is that you get to experience the beauty of a vast number of world-famous tourist spots and multi-cultural attractions combined with amazing weather and amazing natural beauty.Places like Union Square are bordered by high fashion stores, all the major retailers, as well as up-market hotels, affordable lodging and the occasional cheap deal. One of the biggest attractions in this area is one of the city’s biggest shopping areas, offering delights from various cultures from across the globe. For the business traveler or for family vacations, this place has something for everyone.While staying in such airport hotels, you not only get the advantage of proximity to the airport and affordability, but you also get to be a short distance from the very best shops, restaurants, art galleries, theaters and museums. With so much to do, San Francisco may be called a lot of things, but boring would not be one of them. With a whole gamut of indoor and outdoor activities, a visit to San Francisco has all the potential to be the journey of a lifetime.San Francisco also provides its visitors with a wide variety of accommodation to suit all aesthetic or financial requirements. Hotels near the airport offer incredible convenience primarily because of their proximity to the airport and friendly rates. Arranging your own transportation while staying in airport hotels can yield up to 60% the cost of the expenses made on hotels, which are located in other areas of the city.Hotels near San Francisco attractions like Fisherman’s Wharf might cost you more than a couple of hundred dollars per night. Hotels located in the financial districts would also have similar pricing. To avail lower prices, you can opt for staying in the hotels close to the airport. It may not boast of the proximity to famous landmarks and other attractions, but you can still avail same basic amenities.Many hotels are also competing, which should drive down prices in the near future, allowing you to get the best deal for your hard-earned money. Staying in an airport hotel, especially if you are traveling by air, brings a host of benefits which are vital to your journey like saving on time and not missing flights due to traffic. Such hotels also give their patrons a shuttle service to make sure they catch their flights and their journey starts and ends on the best possible note.

How to Become a Successful Pharmacy Technician

If you want to opt for a vocation where you can serve patients, tend to their ailments and, at the same time, get involved in the drug industry, what can be more fitting than being a pharmacy technician? Around the country, pharmacies provide medication to people in need. The major role is played by the pharmacists or health professionals who take care of the patient’s diseases and their medications. The technicians are generally appointed to lend a helping hand and assist the pharmacists. They provide pharmaceutical care in some cases.To know how to become a pharmacy tech you should be well aware of the prospects and kind of training required.Career ProspectsThe pharmaceutical industry is a fast growing profession and is expected to grow 32% from the year 2006 to 2016. Pharmacy technicians passing out from genuine institutions are employed in dispensaries or pharmacies. According to surveys, two third of the trainees work in retail pharmacies and drug stores. They work independently or under a retail chain and, sometimes, also in biomedical laboratories. A section of the remaining technicians are appointed in hospitals where they carry out clinical roles and provide medication. Technicians also get involved with the internet pharmacies where they offer counsel and work by mail order. They also serve the Federal Government and tend to warfare patients.Basic Training ProgramsAt many healthcare units, pharmacy technicians are employed without any formal training. However certain facilities prefer their employees to undergo training and certificate courses before they join work. There are some institutions where such trainings are provided, but those certificates are voluntary. Certificate renewal has to be done in every 2 years through 20 hours additional education program. The Institute for The Certification of Pharmacy Technician offers national certificates for the aspiring. Many pharmacies run internship curriculum where the students are given hands on experience. Other than that, diploma or degree programs are offered by many hospitals, technical colleges, armed forces and proprietary schools.Educational RequirementsFor suitable employment, you should be well acquainted with the various jobs performed by a pharmacy tech. The Pharmacy Technician degree and diploma programs provide students with appropriate knowledge and experience. As basics, they teach you preparing and dispensing medications, proper maintenance of medical records, stocking of drugs and labeling of prescribed medications. You are also taught customer service skills and demonstration abilities.Remuneration Your earnings can vary with your work place. Your know-how also counts and as you grow to be an experienced professional, your pharmacy technician salary also sees the high. For a beginner, the offered pharmacy tech salary is around $27,384 to $33,933. However for those at a higher rank, the salary goes up to $37,097. For others, the salary falls in between. With increasing job prospects and demand, pharmacy technicians are gradually making more money.Many aspiring students want to know how to become a pharmacy technician. For them, it is required to gather information about healthcare schools and enroll their names accordingly.