US Markets in green on Friday; Dow 30 up over 345 points, Nasdaq Composite, S&P 500 up nearly 1%

US Markets were trading in the green on Friday with Dow 30 trading at 30,678.80, up by 1.14%. While S&P 500 was trading at 3,701.66, up by 0.98% and Nasdaq Composite 10,690.60 was also up by 0.71 per cent

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US Markets in green on Friday; Dow 30 up over 345 points, Nasdaq Composite, S&P 500 up nearly 1%
Earlier today, Indian stock markets ended the week on a winning note. It was the sixth straight gains for equity markets. Source: Reuters
US Markets were trading in the green on Friday with Dow 30 trading at 30,678.80, up by 345.25 points or1.14 per cent. While S&P 500 was trading at 3,701.66, up by 35.88 points or 0.98 per cent and Nasdaq Composite 10,690.60 was also up 75.75 points or 0.71 per cent. A Reuters report said that today’s strength was on the back of a report which said the Federal Reserve will likely debate on signaling plans for a smaller interest rate hike in December, reversing declines set off by social media firms after Snap Inc’s ad warning.

Source: Comex

Nasdaq Top Gainers and Losers

Source: Nasdaq

Earlier today, Indian stock markets ended the week on a winning note. It was the sixth straight gains for equity markets. The BSE Sensex ended at 59,307.15, up by 104.25 points or 0.18 per cent from the Thursday closing level. Meanwhile, the Nifty50 index closed at 17,590.00, higher by 26.05 points or 0.15 per cent. In the 30-share Sensex, 13 stocks gained while the remaining 17 ended on the losing side. In the 50-stock Nifty50, 21 stocks advanced while 29 declined.

All Natural Skin Care – What Does it Mean and Why Should You Care?

As we get older our skin ages, and as we start to notice ageing skin our thoughts turn to skin care. Today I want to examine the problems with mainstream anti aging products, find out what all natural skin care is and why this is important for you to know.Anti aging products are supposed to be good for us. They are supposed to reverse the effects of skin ageing and to reduce the visible results, namely wrinkles, skin sagging, fine lines, age spots and more. Using skin care products is supposed to be a positive in our life.But unfortunately for many people this is not the case. The numbers of people who suffer from allergies, skin irritation and skin problems like eczema from the use of mainstream big brand skin care products is huge. I know this because it’s happened to a member of my family and because I spend my time researching this.And there is one simple reason for this, a reason that does not apply to all natural skin care products.The reason is this. Many of the antaging brands that you may take for granted and perhaps even use every day contain a range of chemical and petrochemical ingredients, many of which are known to cause cancer and many of which lead to skin problems as well as other health problems.I spend much of my time researching skin care products and looking at the health implications of many of the chemical ingredients which are used in them. For example just this morning I was reading the results of a study done on mice which has been published in the Journal of Investigative Dermatology which concluded that the use of moisturizers containing sodium lauryl sulphate increase the risk of skin cancer in mice by 69 percent.This is just one of the hundreds or even thousands of studies which have shown that many of the chemical ingredients used in modern big brand name skin care products can have a range of health implications. Ingredients such as mineral oil, parabens, sodium lauryl sulphate, fragrances, petroleum products and more are all used in many if not most of the big brand anti aging products that you see on the shelves every day. And each of these has been shown in various studies to put consumers at risk of health and skin problems.There are a wide range of well-known natural ingredients which are firmly established to be very beneficial to the health of your skin and which are perfectly safe to use in anti aging products such as all natural anti aging products. These ingredients are known to be safe and in many cases have been eaten by generations of people without negative health implications.Of course these natural ingredients are all available to any company to use in it’s anti aging products. However with billions of dollars at stake in this industry competition is voracious, including competition on price. Whilst all of these natural ingredients found in so many good all natural skin care products are relatively expensive chemical ingredients such as mineral oil and sodium lauryl sulphate are extremely cheap. These companies use cheap ingredients so that they can market their products at a competitive price and include in the budget plenty of money for television advertising.However this situation offers an opportunity to new players in the market, and to some older players, to develop products which take advantage of the growing awareness of the problem of chemical ingredients in anti aging products. These niche companies produce excellent all natural anti aging products using ingredients which are known to be safe and which are highly effective, and usually more so than the chemical ingredients used in the big brands.All natural skin care products work very effectively, and if you choose wisely they are perfectly safe for you to use on your skin, regardless of skin type, and will not cause any skin irritation or allergies or any other health problems.Note that I said “if you choose wisely”. There are many anti aging products advertised as all natural skin care products which contain many of the chemical ingredients used in the big brand names. There is no government regulation determining what can or cannot be used in anti aging products and what can or cannot be said on the label, so cheating is rife.The best all natural skin care products offer you an opportunity for excellent skin care without risking your health or your skin. They are highly effective and they need to be, because the best ones come with a money back guarantee to ensure that all customers are able to try the products risk free to establish for themselves how well they work.So if you’re becoming concerned about the problems with mainstream anti aging skin care products and you can be confident in the knowledge that, if you choose wisely, you can find excellent all natural skin care products that really do produce optimum skin health without the chemical risks.Visit my website to find out more.

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.