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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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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.

Why Is Organic Antioxidant Skin Care The Very Best For Your Skin?

These might at first glance sound like easy questions to answer.1. Are all skin care products out in the market place safe?
2. Can you develop skin conditions just from using certain skin care products?
3; Can skin care products actually cause serious harm to your health?
4. Are there skin care products that are effective and also good for your health and cause no harm to your skin?Question number one is a resounding no! There are many skin care product lines that are widely sold in the market place that are not safe. Many of these skin care products contain caustic chemicals, preservatives and many other additives that can cause not only skin reactions but can also lead to serious conditions both on your skin and for your overall health.The answer to question number two is yes. Many people develop skin conditions from the products they are using and don’t even know that the products are the source. They keep using the products they are familiar with and use makeup to cover the problems. When a skin care product has a variety of synthetic chemicals in it the potential for negative reactions to the skin are widely different for different people.Question number three’s answer is also yes. Long term use of chemical ingredient skin care products can cause many forms of long term health issues. Like cancer, auto immune disease. There are many types of illnesses that are related to the absorption of toxic compounds through the skin. It’s bad enough that we all absorb toxic compounds just being exposed to the environment, we live in a very toxic world these days. Then to also add more toxic chemicals willingly through the skin care products you use is insult to injury.Question number four is answered yes. There are definitely skin care products available that are not only very effective but also good for your health and for your skin.
This what the rest of this article is about, the positive message that you can take great care of your skin, stay looking younger, heal and prevent skin conditions and prevent serious health problems that can start through your skin.The concept of organic skin care has gained a lot of attention. The idea that what you put on your skin should be pure, chemical free and have no synthetic ingredients makes perfect sense. If you believe it’s better to eat organic food, as opposed to food grown with pesticides, herbicides and other chemicals, or foods processed with preservatives, additives and other unnatural food compounds, then the same should go for skin care.Of coarse you should be conscious and concerned about the food you eat and it’s effect on your health, you should also be conscious about what you put on your skin.Your skin being your bodies largest organ is the filter and the protector for your body from all the toxicity you are exposed to in the modern world. If you have healthy well treated skin that has been fed lots of antioxidants and your are internally also healthy with a strong immune system, you can fight off all the free radicals that attack you through your skin and can potentially cause serious damage to your health.Antioxidants are if not the most important compounds, they rank right at the top of the organic compounds we all need in our bodies and on our skin. We have to add them daily and keep the absorption of antioxidants at a consistently high level. It is sad to say but we do live in a very polluted world and much of this toxicity in deliberately added in the quest for profitable products. Companies get their products approved without the longer term health studies that should be completed so the consumer can be assured the products are safe.The only real clear way to know for sure whether a specific skin care product has no harmful side effects, is to only use organic products that have zero synthetic additives, chemicals or other ingredients that are not from the natural world. Of coarse there are compounds in the natural world that are toxic, and ingredients in organic products that can effect different people in different ways, so as with any product or food, read the labels and know what you are eating or putting on your skin. If the company is a reputable company with a positive track record and their skin care products are all organic it is a good bet they will do you no harm.

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