Wall clocks have been loved by people for many years and today they are still as popular as ever. Many homeowners like to decorate their home interior with a well placed wall clock. You can find nowadays many different styles, designs and types which will make it easy for anyone to find one that matches perfectly their home ambient.When it comes to home decorating, you can use pretty much anything, the sky and your creativity is the limit there. Having a giant wall clock above the fireplace is one way to draw attention to the items in your room whenever a guest is visiting. Alternatively you can add one of these items at the end of the narrow and otherwise bland hallway to beautify that empty wall.When you select your next wall piece, your personal preferences will strongly come through and this is one of the great things about home decorating. This is also why you won’t find two homes decorated exactly the same way.The nice thing about these wall clocks is that they can be added practically to any room. If you have a baby nursery, a pretty clock with a gentle tic-toc will be the perfect companion to your little one. The living room can also be greatly enhanced by placing a grandfather clock that simply dominates the entire room. And if you have a game room, you can add an interesting and whimsy piece that is not only useful but also fun to have around. These clocks are perfect to bring out the personality of the homeowner and to get the attention of your guests.There are many types of wall clocks nowadays with several different pleasant sounds and if you want to add a piece to the bathroom, you can easily find one that is waterproof. For your study or den there are many interesting sports clocks that will look just the part in such rooms.Also you can nowadays easily find one for your outdoors since this type is weatherproof and not affected by seasons passing by at all.While home decoration is one aspect of owning such a clock, there are other ways to use these giant watches as well. Many people like to give them as gifts to their friends and family. Alternatively antique pieces are handed down from one generation to another one and they make a major part of any family heirloom. In many cases they are collector’s items and there are many antique clock collectors out there that will buy a good piece for several hundreds of dollars, if not more.

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.