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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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Why Not Hire a Children’s Entertainer for Your Kid’s Party?

EntertainersThere are many children’s entertainers in Leeds and the surrounding areas, you just need to do a quick Google search for “Children’s Entertainers Leeds” and you’ll have more than enough to choose from. There are clowns, magicians, fairies and pirate themed event organisers that specialise in entertaining for kids parties.Just a couple of the best in the North West (and East):JingJangJooJong – The crazy couple who create a magical alien world to entertain with.Make a Wish Entertainment – Specialising in fairy-tales for childrenSo if you’re struggling to think of something to do, just hire an entertainer, most of them are members of Equity so they are quality performers. Make sure they have public liability insurance however so that any little injuries from the activities are fully covered and you have nothing to worry about. You may also wish to check for CRB clearance which many of them advertise having.EquipmentIs it a dance, a do, a ball, a shower? Whether a birthday party, surprise party, or a calm British tea party, there’s some equipment you should make sure you have!The things below aren’t always needed, but they usually are, and are always good to have in-case that 1 guest requests them:
Plastic cups (because if it goes outside, it’s best not to have glass)
Plastic cutlery (for the same reason as above, but also because you can throw them away and don’t have to wash them up!)
Paper towels (because someone will spill something… somewhere.)
Plasters (even plastic cutlery can cut!)
Bottles of water (for exhausted kids, and intoxicated adults!)
They are the basics, and obviously if you’re catering for a certain type of party you’ll need your niche products, kids parties normally always have balloons, don’t forget the helium, or even easier just buy pre-filled balloons, that way you don’t have to blow them up, it can take a lot out of you. For themed parties the entertainers sometimes provide costumers for the kids or something to help them feel more involved, however it will be worth checking with them before-hand and if not maybe rent outfits or just one token piece (pirate hat/eye-patch) to give to the kids it really enhances the atmosphere. You can usually haggle with outfit stores as they don’t really have set prices, so go in hard and say that you’ve got a party for 20 kids and need 20 outfits can you have them for £10 each! You may just get lucky.Things to look out for!Equity, Public Liability, CRB CheckThere are some things that set some entertainers apart from the others. They don’t necessarily mean they’ll be better, but they do mean that the person has taken the extra steps of professionalism in entertainment, insurance, and safety.Logos to look for on websites:1. Equity membership logo: Being a member of Equity, the professional performers and creative practitioner’s institute, usually guarantees that the entertainer has been classically trained, or at least displayed a high level of performance ability and professionalism. Again this doesn’t absolutely mean that they’ll be better than someone whom isn’t a member, however it’s always a nice reassurance, as there’s nothing worse than having an entertainer turn up who’s not… entertaining, especially when there’s a tough crowd, amateurism really shines through and can make the situation very awkward.2. Public liability insurance: This is probably the most important if you have more than a few children being entertained. There are so many little things that could go wrong, from a tip over a speaker cable, swallowing a popped balloon, damaging the entertainers or the clients equipment. But if someone has liability insurance at least you know that any injuries to your loved ones are fully covered, and it stops the “who’s fault was it” debate and saves people a lot of money.3. CRB Checked: This is the least important of the three, but it does show that they have gone another extra step to prove that they’re suitable to work with children and in sensitive situations. It doesn’t really reflect the entertainment value, and there’s generally no risk to children at parties when the adults are still there supervising, however it is another nice reassurance if they do have it.

What Are The Greatest Changes In Shopping In Your Lifetime

What are the greatest changes in shopping in your lifetime? So asked my 9 year old grandson.

As I thought of the question the local Green Grocer came to mind. Because that is what the greatest change in shopping in my lifetime is.

That was the first place to start with the question of what are the greatest changes in shopping in your lifetime.

Our local green grocer was the most important change in shopping in my lifetime. Beside him was our butcher, a hairdresser and a chemist.

Looking back, we were well catered for as we had quite a few in our suburb. And yes, the greatest changes in shopping in my lifetime were with the small family owned businesses.

Entertainment While Shopping Has Changed
Buying butter was an entertainment in itself.
My sister and I often had to go to a favourite family grocer close by. We were always polite as we asked for a pound or two of butter and other small items.

Out came a big block of wet butter wrapped in grease-proof paper. Brought from the back of the shop, placed on a huge counter top and included two grooved pates.

That was a big change in our shopping in my lifetime… you don’t come across butter bashing nowadays.

Our old friendly Mr. Mahon with the moustache, would cut a square of butter. Lift it to another piece of greaseproof paper with his pates. On it went to the weighing scales, a bit sliced off or added here and there.

Our old grocer would then bash it with gusto, turning it over and over. Upside down and sideways it went, so that it had grooves from the pates, splashes going everywhere, including our faces.

My sister and I thought this was great fun and it always cracked us up. We loved it, as we loved Mahon’s, on the corner, our very favourite grocery shop.

Grocery Shopping
Further afield, we often had to go to another of my mother’s favourite, not so local, green grocer’s. Mr. McKessie, ( spelt phonetically) would take our list, gather the groceries and put them all in a big cardboard box.

And because we were good customers he always delivered them to our house free of charge. But he wasn’t nearly as much fun as old Mr. Mahon. Even so, he was a nice man.

All Things Fresh
So there were very many common services such as home deliveries like:

• Farm eggs

• Fresh vegetables

• Cow’s milk

• Freshly baked bread

• Coal for our open fires

Delivery Services
A man used to come to our house a couple of times a week with farm fresh eggs.

Another used to come every day with fresh vegetables, although my father loved growing his own.

Our milk, topped with beautiful cream, was delivered to our doorstep every single morning.

Unbelievably, come think of it now, our bread came to us in a huge van driven by our “bread-man” named Jerry who became a family friend.

My parents always invited Jerry and his wife to their parties, and there were many during the summer months. Kids and adults all thoroughly enjoyed these times. Alcohol was never included, my parents were teetotallers. Lemonade was a treat, with home made sandwiches and cakes.

The coal-man was another who delivered bags of coal for our open fires. I can still see his sooty face under his tweed cap but I can’t remember his name. We knew them all by name but most of them escape me now.

Mr. Higgins, a service man from the Hoover Company always came to our house to replace our old vacuum cleaner with an updated model.

Our insurance company even sent a man to collect the weekly premium.

People then only paid for their shopping with cash. This in itself has been a huge change in shopping in my lifetime.

In some department stores there was a system whereby the money from the cash registers was transported in a small cylinder on a moving wire track to the central office.

Some Of The Bigger Changes
Some of the bigger changes in shopping were the opening of supermarkets.

• Supermarkets replaced many individual smaller grocery shops. Cash and bank cheques have given way to credit and key cards.

• Internet shopping… the latest trend, but in many minds, doing more harm, to book shops.

• Not many written shopping lists, because mobile phones have taken over.

On a more optimistic note, I hear that book shops are popular again after a decline.

Personal Service Has Most Definitely Changed
So, no one really has to leave home, to purchase almost anything, technology makes it so easy to do online.
And we have a much bigger range of products now, to choose from, and credit cards have given us the greatest ease of payment.

We have longer shopping hours, and weekend shopping. But we have lost the personal service that we oldies had taken for granted and also appreciated.

Because of their frenetic lifestyles, I have heard people say they find shopping very stressful, that is grocery shopping. I’m sure it is when you have to dash home and cook dinner after a days work. I often think there has to be a better, less stressful way.

My mother had the best of both worlds, in the services she had at her disposal. With a full time job looking after 9 people, 7 children plus her and my dad, she was very lucky. Lucky too that she did not have 2 jobs.

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