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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.

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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Nutrition Certification For Medical Doctors

Nowadays the competition in the medical world is growing and becoming more difficult. Great numbers of new proclaimed medical practitioners are offering their service and joining the business. For you to get greater edge, it is important that you get nutrition certification for medical doctors. This could help you to gain more knowledge about dietary and human nutrition thus making you wiser in curing and treating your patients.Knowledge in dietary and human nutrition is important especially on holistic doctors that are concerned on dealing with serious and had to cure diseases such as heart disease, cancer, HIV or AIDS, high blood pressure, depression, infertility, menopausal symptoms, prostatitis and diabetes. People who are suffering from these types of diseases usually look for doctors who are well briefed about dietary and human nutrition because the treatment that they need have to be coupled with proper diet and nutrition monitoring.If you are planning to study dietary and human nutrition to get a nutritional certification for medical doctors, well you have to know the relevant and helpful information that could be included on that. Actually there are only three, so here they are, first the study of dietary and human nutrition. If you will study this you will be a dietitian with the goal to promote dietary habits and good health. This is significant in your medical practice for doctors with dietitian education are more in demand. They are considered experts in dietary and human nutrition thus they are looked after by various types of institutions, hospitals, clinic, schools and other living facilities. The second relevant information in the nutrition medical certificate for doctors is the study and completion of Bachelor of Science in Holistic Nutrition. Under this study you could learn how to advise the use of herbs, supplements and natural foods.You will also know how to asses diets and lifestyles to construct wellness programs and brought out nutritional changes in your patients. Medical practitioners who study this course are sought after by patients with severe and serious health conditions. The patient trusts that a medical practitioner who undergoes study of holistic nutrition is capable of speeding up their treatment with minimal and low cost procedures. The last thing that will add advantage in your doctor’s nutrition certificate is the degree of Masters of Science. This is the highest education that you could gain that deals with dietary and human nutrition. It can make you expert and a specialist in understanding of alternative health care options such as enzymatic nutritional therapies, holistic human development and nutrition and disease prevention. Getting this in your nutritional certification for medical doctors will make your patient feel assured with your capacity to provide them with the right treatment and cure.Aside from making you more valuable in the medical world and making your name renowned by your patients, getting the nutritional certification for medical doctors will also help you a lot in your professional growth and advancement. You are now advised to get one for yourself and start to create a recognizable name in the medical practice.