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.

Budapest stag do activities

Why organize your stag do weekend in Budapest?

Stunning architecture and the river Danube running through make Budapest a wonderful destination for stag and hen trips.

Drinks and Party Cruise on the Danube River, crossing the city with views of the spectacular architecture, is ideal for a bachelorette and bachelor party. Another great option is a relaxing weekend at a luxurious spa with hostess girls. Budapest is a great city for food tours, where you can try the national wine of Eger and Somlo and taste traditional Hungarian dishes at a feast to celebrate the last single life.

Adega Faust is one of the oldest wine cellars in Europe and where you can enjoy the best wines and taste mouth-watering meat and other delicacies.

Not only the wonderful daytime tourist attractions can be found in the capital of Hungary, on the contrary, the nightlife in Budapest is famous, magical, pulsing, with options of bars, clubs, busy streets, pub crawls, among others.

It is a universal city, which attracts many young tourists, which is sure to find a very lively nightlife and no end time. The options range from places with free admission (most of them) and there are also clubs that charge admission, but nothing too expensive and not worth it.

One of the main night attractions in Budapest and also very popular for stag do groups are the ruin pubs, old mansions restored and transformed into curious spaces; most of them with a decoration, let’s say, extravagant or curious. They are located in the Jewish quarter, or District 7, which is considered the busiest neighborhood at night, ranging from the most alternative to the classic.

The local currency favors us, making the cost in Budapest, as well as throughout Eastern Europe, much cheaper compared to other metropolises in Europe, both in relation to the price to enter and in relation to the consumption of drinks. In this article, check out tips on cheap bars, pubs and clubs, with the best value for money and the top night spots in Budapest.

List of some popular stag do activities in Budapest:

Pub crawls

Boat cruises

Gun shooting

Paintball

Strip dinner

Quad driving

Limo hire

Party bus tours

Bubble football

Stag pranks

The top stag destination in Europe is definitely Budapest. In addition to having a very charming atmosphere, it offers many daytime and nightlife stag do activities, different environments, and parties. The capital of Hungary is very rich in opportunities and options for fun and for hard players. Please keep in mind that almost all of the activities can be used during the hall year due to climate change Budapest is “open” for stag do groups any time.

You can find our passion of work with lots of useful informations for Budapest travelers on our stunning website https://wildstagbudapest.com/ which helps foreigners to have amazing experience during the vacation.

What Are the Key Contributors of the Growing Demand For Pharmacy Technicians?

There are quite a number of positive developments which affect the increase of pharmacist Technicians in the past decades, some of them are:1. The gain of national certification on pharmacy Technician career and job has opened up a lot of opportunities for those who have the interest to become assistant to a pharmacist.2. The development of model curriculums for Pharmacy Technician training and a higher and greater level of recognition of pharmacy technicians in the State and Nation wide on pharmacy practice Acts have encouraged many potentials to seek for new employment opportunities as well as to seek for pharmacy technician’s courses in colleges or online.3. The roles and responsibilities of Pharmacy technicians have been more clearly defined in hospital, community centre, clinics and wherever the skill sets of pharmacy technicians are needed.
4. Increasingly, hospital pharmacies are encouraged to develop pharmacy technician programs and the increase changes being called out to ensure the roles of these technicians was appropriately articulated in state laws and regulations.5. The responsibilities of this professions have increased over the years from initially they are responsible for most of the clerical work only in the pharmacy ( similar to a clerk) … until they start to play the governance role for the state pharmacy association as well as the state board of pharmacy.6. The enablement of pharmacy asistants across multiple settings today, including community pharmacy, hospitals and health systems, long term care facilities, clinic pharmacies, health insurance companies, pharmaceutical whole-salers etc signify that this is a profession which is largely needed in a good wide spread of industry.7. In the recent years, pharmacists have become more receptive to pharmacy technicians compared to 15 years back where the latter is given the task of dispensing medicine only. However much has changed over the last few years in the potential increased in job scopes of pharmacy technicians.8. The enhancement in medical field has enabled new medications, antidotes to be invented across the world by the medical experts. This has significantly reduced non fatal deaths, reduce or eliminate significant pain of patients with this invention. With the prolonged age of the population in the society today, the demand for pharmacy technicians have significantly being increased as well.9. On the other hand, with the increase invention of of new medications invested and become available today, the pharmacists are faced with a greater number of prescriptions to dispense. This has directly reduced the bandwidth of the pharmacists, leaving them with lesser time for counseling patients. At the same time, their working conditions and schedules have deteriorated with an increase in job stress. This is where the importance of the pharmacy technicians comes into picture and they presence has helped to take over the tasks of dispensing the prescriptions to the patients.Pharmacy assistants as such has gained it popularity increasing nowadays and it is by no mistake on the increased demand of pharmacy technicians in many health sectors in the society today.