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.

Blood Nutrition – Understanding Your Current Health and Nutritional Needs

No general screening test is more efficient, effective and affordable than a comprehensive blood chemistry panel. It allows the healthcare provider to establish a baseline of biomarkers to track the patient’s health and nutritional needs. Getting a blood test is essential to understanding your current health and your nutritional needs.What is Blood Nutrition? Blood NutritionTM, is an innovative, science-guided look at nutritional strengths and weaknesses through an individual’s blood test. This new scientific approach can offer a clear plan for your optimum health. As a result, a new generation of healthcare professionals is emerging with the tools and keys that can reveal the more subtle imbalances and assist in correcting them. Blood NutritionTM is a comprehensive approach to health. To address the true cause of symptoms, one should look for their origin from a science-generated perspective by considering:Physiological distress or disease conditionsNutritional distress or imbalancesMental/emotional distressAny of these factors may be the source or a contributing factor for the symptoms of imbalance. The cornerstone of an effective health strategy is a nutritional and lifestyle plan that is based on your biochemistry. Success here is dependent on the establishment of an accurate nutritional profile guided by scientific approaches such as a comprehensive blood test. Blood Nutrition and Science This advanced scientific approach identifies nutritionally significant information through the careful analysis of the various blood values. Certain indicators can reveal electrolyte, mineral and other nutritional imbalances. Once addressed, one can optimize the metabolic processes and help maintain the healthy performance of the body. A balanced nutritional state is essential for achieving and maintaining health. Nutritional analysis of your Blood Test may indicate the need for:Key nutrients such as vitamin A, B6, B12, DFluid and electrolyte balanceMinerals such as magnesium, calcium and ironTissue hydrationAntioxidantsEnzymesNutritional support of key organsNutritional support of metabolic pathwaysThe need for lifestyle changesNutritional Imbalances If you have nutritional imbalances, you may be experiencing the following:Mental/emotional symptoms including mood swings and anxietyStructural/musculoskeletal symptoms such as pain or stiffnessDigestive issues such as bloating, indigestion and elimination problemsOptical symptoms such as difficulty in night vision or blurry visionSymptoms such as weight gain, fatigue, insomnia, food cravingsCardiovascular health issuesDry skin, brittle nails, hair dryness or lossOthersAre you suffering from the effects of nutritional deficiencies or imbalances? Nutrients such as amino acids, enzymes, fatty acids, vitamins, minerals and electrolytes are the building blocks of the body. They provide energy, support metabolism and are needed for many biochemical reactions to sustain health. Key nutrients may become deficient for various reasons. These may include:Disease processes, which may block metabolismPoor dietary habitsPhysical, mental and emotional stressOne of the most scientific ways to identify nutritional imbalances is to have your blood test evaluated by a nutritionally trained doctor or healthcare practitioner who is experienced in Blood NutritionTM assessment. A comprehensive blood test is affordable and results are normally received within a few days. When key nutrients become deficient, many metabolic processes are affected.The body may initially try to compensate for such imbalances. However, if they are prolonged, they may contribute to hormonal issues, metabolic disorders, increase in toxic load, oxidative stress, organ weaknesses and many other health issues. Many symptoms such as tiredness, fatigue and irritability may be effectively addressed with proper nutritional considerations.A blood test is one of the most efficient tests you can get to determine the quality of your overall health. Once you have received your test results, working with a specialist who is experienced in Blood NutritionTM will enable you to achieve the optimum health that is essential to a long life full of vitality.

Business Capital Solutions In Canada: Accessing Proper Cash Flow & Commercial Financing

Business capital requirements in Canada often boil down to some basic truths the business owner/financial mgr/entrepreneur needs to address when it comes to financing for businesses.

One of those truths? Knowing the true state of their financial condition and what financing they do and don’t qualify for when it comes to meeting commercial lending requirements in Canadian business.

Business Loans In Canada

Whether you are smaller or start-up firm looking for information on how to get a business loan or a larger established firm looking for growth financing or acquisition opportunities we’re highlighting 3 mistakes that commercial loan seekers like your company need to avoid making when addressing, sourcing and negotiating your cash flow / working capital and commercial financing needs.

1. Understand the true condition of your company finances – These are almost always successful addressed when you spend time on your financials and understand how your financial statements reflect your access to commercial loans & business credit in general

2. Ensure you have a plan in place for sales growth and financial needs as it relates to commercial financing

3. Understand that actual hard facts about cash flow which is, of course, the lifeblood of your company

Can you honestly answer or feel positive about all those 3 points. If so, pass Go and collect $ 100.00!

A good way to address your company’s finance plans is to ensure you understand growth finance solutions, as well as how to manage in a downturn – i.e. not growing, losing money, etc; It’s never fun to fund yourself in an economic or industry downturn such as the COVID pandemic of 2020!

When we talk to clients of new or established businesses it seems they are almost always talking about sales, so the ability to understand and focus on the differences in their profits and cash fluctuations is key.

How do cash flow and sales plans and projections affect the type of financing you require? For one thing sales growth usually starts out by consuming your cash, not generating it. A poor finance plan will drag your business down and addressing financing simply gets tougher and tougher.

Three basics always emerge when it comes to your search for the right business capital and financing.

1. The amount of financing you need

2. The type of financing (debt/cash flow/asset monetization) The business loan interest rate will be dramatically affected by whether you choose traditional or alternative financing solutions. Private business loans in Canada come from non regulated commercial finance companies most often known as ‘ alternative lenders ‘. These lenders are typically highly specialized in one ‘ niche ‘ of business financing and may be Canadian firms or branches of U.S. banks and non-bank lenders

3. How the financing is structured to be manageable with your day to day operations

What Finance Company In Canada Can Meet Your Borrowing Needs & Why Is Capital Important In Business

Let’s identify and break down key financings your firm should know about and understand if they are applicable and achievable to your business. They include:

A/R Financing / Factoring / Confidential Receivable Finance

Inventory finance / floor planning / retail inventory

Working Capital term loans

Unsecured cash flow loans

Merchant working capital loans/advances – these loans are geared toward short term cash needs and are typically one year in duration. Loan amounts are typically 15-20% of your annual sales revenues.

Royalty finance

Asset based non bank business lines of credit

Tax credit financing (SR&ED bridge loans)

Equipment Leasing / Sale leasebacks – Equipment financing in Canada is used by almost 80% of all companies looking to acquire new, and used, assets.

Govt Guaranteed Small Business Loan program – Government Loans in Canada are sometimes referred to as ‘ SBL’, aka Note: BDC Finance solutions are available from this Canadian non-bricks and morter crown corporation. A small business loan via the government-guaranteed loan program comes with true flexibility around term loan duration, market rates, no pre payment penalties, and of course the low personal guarantee that is required by borrowers. These two ‘ government ‘ loan solutions are often perfect for financing a new business.

If you’re focused on not making mistakes in your business finance needs and want to capitalize on the solutions your competitors are probably already using seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can assist you with your cash flow and commercial financing needs.

Stan has had a successful career with some of the world’s largest and most successful corporations.

His employers over the last 25 years were, ASHLAND OIL, ( 1977-1980) DIGITAL EQUIPMENT CORPORATION, ( 1980-1990) ) CABLE & WIRELESS PLC,( 1991 -1993) ) AND HEWLETT PACKARD ( 1994-2004 ) In 2004 Stan founded 7 PARK AVENUE FINANCIAL – He is an expert in Canadian Business Financing.