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.

How to Choose Between React & Angular for Your Project

React and Angular are two popular JavaScript frameworks used for developing web applications. Both frameworks have their strengths and weaknesses, and the choice between them often depends on the project’s specific requirements. In this article, we will compare React and Angular and explore why React is more important than Angular.

React is a lightweight and fast framework that was developed by Facebook. It allows developers to build complex user interfaces using a component-based approach. React is known for its ease of use, flexibility, and scalability. It has a large and active community that provides extensive support and resources.

Angular, on the other hand, is a comprehensive framework developed by Google. It is a complete solution for building large-scale, complex web applications. Angular is known for its rich features, including two-way data binding, dependency injection, and directives. However, it has a steep learning curve and requires a significant amount of time and effort to master.

One of the main reasons why React is more important than Angular is its flexibility. React can be used for a wide range of applications, including web, mobile, and desktop development. It can also be easily integrated with other libraries and frameworks. In contrast, Angular is primarily focused on web development and has limited support for other platforms.

Another advantage of React is its virtual DOM. The virtual DOM is a lightweight representation of the actual DOM, and it allows React to efficiently update the user interface without reloading the entire page. This results in faster performance and a smoother user experience. Angular, on the other hand, uses a real DOM, which can be slower and more resource-intensive.

React also has a more straightforward syntax and a smaller API compared to Angular. This makes it easier for developers to learn and use. React’s modular structure also makes it easier to maintain and update code, especially in large applications.

React JS has become one of the most popular and widely used JavaScript libraries in recent years. Developed by Facebook, React has gained widespread adoption due to its many benefits and advantages over traditional web development frameworks. In this article, we will explore the importance of React JS and why it is such a critical tool for web developers today.

1. Improved Performance

React JS is built around a unique concept known as the Virtual DOM (Document Object Model). This concept allows for faster rendering of web pages by only updating the necessary parts of a web page that have changed. By reducing the amount of processing and computation required for rendering web pages, React JS delivers exceptional performance and helps websites to load faster. As a result, developers can create complex and feature-rich web applications that run smoothly on a wide range of devices.

2. Reusability

Another critical benefit of React JS is that it is highly modular and designed for reusability. React JS components can be easily reused in different parts of an application, which results in faster development cycles and reduced costs. Furthermore, the modular structure of React JS also makes it easier to maintain and scale applications as they grow.

3. SEO-Friendly

React JS also offers SEO (Search Engine Optimization) advantages over traditional web development frameworks. Since React JS is primarily a client-side library, it allows search engines to easily crawl and index content. This means that content created using React JS is more likely to rank higher in search engine results pages, leading to more traffic and better visibility.

4. Cross-Platform Compatibility

React JS is cross-platform compatible, which means that applications created using React JS can run on multiple platforms, including web, mobile, and desktop. This versatility allows developers to create applications that work seamlessly across various devices, making it easier for users to access and interact with their content.

5. Large and Active Community

React JS has a massive and active community of developers, which contributes to the development of the framework, provides support, and creates new and innovative tools and libraries. This community is constantly updating React JS, making it more stable and secure while also introducing new features and functionality.

In conclusion, the importance of React JS cannot be overstated. React JS is fast, modular, scalable, SEO-friendly, cross-platform compatible, and has a large and active community of developers. These factors have made it an essential tool for web development in today’s fast-paced and competitive digital landscape. Whether you are a seasoned developer or just getting started with web development, learning React JS is essential to stay ahead of the curve and create high-quality, performant web applications.

Finally, React has a larger and more active community than Angular. This means that there are more resources, libraries, and tools available for developers to use. The community also provides extensive support and contributes to the development of the framework.

In conclusion, while both React and Angular have their strengths and weaknesses, React is more important than Angular due to its flexibility, virtual DOM, simpler syntax, and larger community. React’s popularity and ease of use have made it a go-to choose for many developers, and its importance in the web development industry is likely to continue to grow.

10 Daily Habits That Can Improve Your Oral Health

Taking care of your teeth and gums is an important component of maintaining your general health and well-being. Cavities, gum disease, and poor odor are just a few of the dental issues that good oral care can help you avoid. It is critical to practice excellent oral hygiene practices on a daily basis to keep your teeth and gums healthy. Here are ten daily habits that can improve your oral health.

1. Brush twice a day
Brush your teeth twice a day for two minutes each time to ensure that you are cleaning all areas of your teeth. Use toothpaste that contains fluoride to reinforce your dental enamel and prevent the development of cavities.

2. Floss daily
Flossing is necessary to eliminate plaque and pieces of food from between your teeth and along your gum line. If you find traditional floss tough to use, consider interdental brushes or water flossers as an option.

3. Use mouthwash
Mouthwash can help to freshen your breath and decrease the number of bacteria in your mouth. It is recommended to use mouthwash after brushing and flossing to ensure that it reaches every area of your mouth. To help avoid caries, look for a fluoride-containing mouthwash.

4. Drink water
Water is beneficial not only to your general health but also to your dental health. Water helps rinse your teeth and clear away food particles and bacteria that can cause cavities and gum disease. If you are unable to clean your teeth after eating or drinking, drinking water can help to neutralize acids in your mouth.

5. Limit sugary and acidic foods and drinks
Sugary and acidic meals and beverages can erode the enamel on your teeth, causing cavities and pain. Limit your intake of these foods and drinks in favor of healthier alternatives such as vegetables and fruits.

6. Chew sugar-free gum
Chewing sugar-free gum after meals can help to boost saliva production, which serves to wash away leftovers and reduce acids in the oral cavity. Xylitol is a natural sweetener found in some sugar-free gums that can help avoid cavities by decreasing the number of bacteria that live in the mouth.

7. Replace your toothbrush regularly
Toothbrushes can become old and frayed over time, making them less successful in cleaning your teeth. Replace your toothbrush every three to four months, or sooner if the brushes become frayed or if you have been sick to avoid reinfection.

8. Use a tongue scraper
Bacteria can build up on your tongue, causing poor odor and other dental issues. Using a tongue scraper to eliminate bacteria can help improve your general dental health. Tongue scrapers are available at most drugstores and online.

9. Visit your dentist regularly
Regular dentist exams and cleanings are necessary for excellent oral health. Your dentist can perform an oral exam, identify any issues, and offer treatment options to stop further damage. They may also clean your teeth to eliminate plaque and tartar, which can cause cavities and gum disease.

10. Quit smoking
Smoking is not only bad for your general health, but it is also bad for the condition of your teeth and gums. It may result in mouth cancer, poor odor, gum disease, and teeth discoloration. Quitting smoking can improve your general health and lower your chances of developing oral health problems. Your dentist can help you quit smoking by providing resources and assistance.

The bottom line
Maintaining good oral care practices on a daily basis can keep your teeth and gums in good condition and help you avoid a number of dental issues. By incorporating the aforementioned habits into your daily routine, you can enjoy a healthy smile for years to come.

Author’s Bio:
I am Amelia Grant, journalist, and blogger. I think that information is a great force that is able to change people’s lives for the better. That is why I feel a strong intention to share useful and important things about health self-care, wellness and other advice that may be helpful for people. Being an enthusiast of a healthy lifestyle that keeps improving my life, I wish the same for everyone.

Our attention to ourselves, to our daily routine and habits, is very important. Things that may seem insignificant, are pieces of a big puzzle called life. I want to encourage people to be more attentive to their well-being, improve every little item of it and become healthier, happier, stronger. All of us deserve that. And I really hope that my work helps to make the world better.