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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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Some Thoughts on Home Schooling

What do home schooling groups need to do to keep their parents up on the latest and insure that their kids get a quality home education. There are many things to consider and with groups of parents working together they can learn a lot from each other. Here are some thoughts below;
Of course I am a huge proponent of mentorship from parents and others with specialties, although I was not home-schooled I know the mentorships I received helped me for sure.
If the parents feed their kids sugar and crap before school they act out more and if there is little or no discipline at home, how could there be in the classroom and it only takes a few disruptive kids to destroy the classroom setting of course. Parents of home schooled kids have this advantage and can control their pre-study diets and have no disruptions from other kids
Kids in Public Schools are more extra-introverted than those kids from home schooling. Socialization strategies must be considered if the kids are home schooled.
Home Schooled kids may not be more intelligent, granted but they are probably forced to study harder if their parents are there watching them. and perhaps less afraid to ask questions and thus this aids greatly in learning too. Children afraid to ask questions in a public school might be at a disadvantage.
Homeschooling Parents must teach their kids to tackle unknown, even thrive on it, seek it out and learn. That is important, that can happen through sports, new activities and such.
It is very important, if home schooling parents can teach children to become Rennaissance Style learners. I think this can be done with home schooling and perhaps groups of homeschoolers working together in teams, where the expertise of one parent is taught to the entire network of many other local homeschooling families, and as we search these things online it appears that is starting to happen.
Special programs, videos libraries and such all geared to the homeschooling parents, even educational retail stores, some good is happening due to demand and free market mechanisms too.
Home schooling parents do a good job teaching the kids right and wrong and when they get out in the real world, it’s a total shock.
I hope you will consider these points if you choose homeschooling. I certainly hope this article is of interest and that is has propelled thought. The goal is simple; to help you in your quest to be the best in 2007. I thank you for reading my many articles on diverse subjects, which interest you..

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Pharmacy Technician Test For Your Competency Evaluation

The Pharmacy Technician Test has been prepared to assess the competency evaluation of a Pharmacy Technician. The test also evaluates the working quality of a Pharmacy Technician in actual working in pharmacy settings. Certification is awarded to the passing candidate. But, why Pharmacy test and Certification are essential for a Pharmacy personnel and how they will be benefited by earning the certification?In order to answer these questions, it is necessary to gain knowledge about Pharmacy Technicians. Pharmacy professionals are well trained in pharmacy field and they assist the Pharmacist by performing various pharmacy related works. It is their duty to help pharmacist in preparation of prescription, provide medications to customers and patients alike, counsel customers about use and misuse of the drugs, inform them about the effects of different types of drugs on the body, look after the cash counter, do administrative duties and perform numerous other pharmacy and drug related works in a pharmacy.Though no formal education is required for working in a Pharmacy and work-on-the job training is enough for getting employment in a pharmacy. But, obtaining a Certification offers various types of benefits, such as better career prospects, higher salary and wider knowledge of medication field.The Certification is offered by the Pharmacy Technician Certification Board and it is necessary to pass the PTCB Certification test for earning certification. There are many community colleges, schools, trade schools and online courses, which prepares a student for the test.PTCB certification test consist of 125 multiple choice scoring questions and 15 non-scoring questions. The non-scoring questions do not score but, they are helpful in future tests and quality test. The duration of the exam is 3 hours and the person appearing for the test must answer all questions, within that stipulated time period. Scores are offered according to the answered questions. Thus, it is necessary for a student to answer all questions to score better. Every question has 4 answers option, where only one answer is correct and that has to be marked by the individual appearing for the exam.If you are also looking for the better career prospect, then you must sit for the Certification test and earn certification, which can also help you in getting registered with respective State Board of Pharmacy.