Post about "Business"

Making Things Easier With Candidate Sourcing Software

Many businesses have a difficult time keeping all of their positions filled or knowing who can fill what positions when needed. A great way to keep track of all positions that are currently filled and those that need to be filled is with software for recruitment. There are many options out there to choose from and every business can make use of them. Whether you run a staffing agency or you just need to have access to a pool of candidates when you need them, this is a great resource.Many companies use a candidate sourcing software. This comes in many forms but can certainly help to keep record of all of the potential candidates for employment. Some people use their own software that will allow them to put in all of the information for all of their applicants. This is a great way to do business because when you need to hire someone new you can simply go through computer files to find the applicant that is right for the job. This will do away with the need to keep files of resumes and applications; instead you can simply open up the software and choose the person who is right for the job.Another option is to actually have a subscription to a staffing agency where you are able to look through their pool of candidates. This can be a great service if you regularly need people to permanently or even temporarily fill a need. You don’t have to flip through pages of applications and resumes to find the right person for the job. Rather, you can log into the software and look through the current pool of possibilities that the staffing agency has available. This simply helps you make the most of your time.The good news is that there is a lot of staffing agency software options for you to choose from. There are many that are associated with specific staffing agencies, those that will help you run your staffing agency more efficiently, and even those that will do a combination of things including tracking payroll for any given stretch of time. Look into all of your options before settling on just one because there are so many opportunities to make hiring, staffing, and payroll so much easier.Using this type of software really can help you take your business to the next level. Staffing is an important part of running any business and having all of your staffing issues taken care of and squared away is important. Using the right resource for you will help your business take off, with everything in line, so the sky really is the limit!

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.

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.