A man in Australia was found not guilty of raping a woman, by a court jury recently. The jury stated that he could not have taken the victims jeans off by himself, therefore she must have helped and the rape was consensual. The woman was apparently wearing very tight jeans. This is not an isolated case either…In Seoul, a 7 year sentence of a man accused of raping a woman was overturned, because she also was wearing very tight jeans. Another court case in Italy also dealt with a woman wearing tight jeans where supposedly the man could not have raped her without her consent. Fortunately, that case ended in the man being found guilty.What does this mean? Let’s think about this for moment… This means that rapists or perverts are now going to start targeting women with tight jeans because the courts are allowing it. This is a loophole for future rapists! OR perhaps others might say, women need to start wearing tight jeans, in order for them not to get raped? This is all nonsense!Women are not the ones with the problem here, rapists or perverts are to blame. Women should be able to wear any clothing that is appropriate in society. Do you ever hear of men getting raped because some of them wear their pants down to their crack? Why the double standard? Us women need to be aware and watch closely, so that this doesn’t become a trend with courts in the USA!
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.
For Credit Card Rookies
One of the most important things a student who wants a credit card must do is a financial assessment of his/her current situation, research the net and the books, review which one has more rants than raves and question all the people to be involved in this credit card application. It is very important that the student knows everything that he/she is getting into before the actual request.It’s no fun at all applying for a card and just being rejected once or twice. That is why college credit cards were invented, to help small earners like you because you are still in college. But don’t worry what you need to remember is to develop a good credit card history. Since you are starting you just need to be a wait a little. Remember patience is a virtue.Here are certain things you need to remember:- If you have your own place now, remember one thing. PAY YOUR BILLS ON TIME. That will definitely put a star in your potential to be a good credit card owner. Companies will see that and you might just be shocked by the number of companies wanting you as their customer. They will swarm to you like bees to honey.- Credit cards can deceive us to thinking of wealth we don’t really have. Avoid using the card unnecessarily.- Use this card to put an A plus on your credit record.- Make a small financial plan for yourself. Plan what you will be spending and plan how you will be able to pay for it.- Assess yourself and know and how much you can really afford.- Do not over spend. You will just kill your credit record.- Use your card regularly; don’t make it look like it has not been used.- Beware of fees. Especially late fees due to your inability to pay at the due date.- For some credit card companies student cards have no annual fees. Be sure to grab that.- Can help pay for tuition fees.- If at anytime you transfer addresses immediately notify your credit card company so the bills will still be able to get to you at the proper time.- Low interest rates- Not only is this credit card helpful it has a lot of incentives stuck with it. (Like tickets to see MTV shows).Not all good things are meant for you. Things as important as your record need to be acted upon responsibly. If you have a knack for spending a lot or you are already termed as the impulse buyer you might want to give this a second thought. This will only entice you to spend even more. False wealth is never a good option.Having bad credit will cause you even more worries eventually as it will reflect on your credit record. Not only will you have problems with debt, you will also lose a chance for home loans, payday loans and automobile loans.Above all this, know your rights through the Fair Billing Act for Consumers.- If someone stole your card and was used, you will not be legally responsible for what happened. Just remember to immediately report this lost card.- If a certain good or service was ordered but was not received, what ever was charged in your bill will be cancelled.- If someone used your account without your authority you may also let this be cancelled in your account.- If there are any mistakes in your billingNo matter how young you maybe it is not an excuse to act like a kid. Act conscientiously and maturely, know what will pull you down and what will bring you up. Credit records are stuck to your name for a long period of time. You shouldn’t put any blemish in it. If you unluckily did try your best to have it removed in your name.Good credit records will aid you and allow you to be given loans for your house, automobile and payday loans. Starting with your student card and keeping it blemish free will give you more chances to use these loans at the time you will need them. Isn’t that neat? Clean record and better chances of loans in the future. Cool.