Small Business Administration is an organization funded by the American government which provides loans to entrepreneurs and businessmen to set up their small businesses. In addition to that the organization also provides some grants and training for the efficient running of business. Another important feature is that they provide legal and administrative help in establishing a business to entrepreneurs who are likely to get entangled in the web of laws and taxes if they do not have proper guidance along the way.They conduct various training for different sets of audiences like entrepreneurs, women business ownership and international trade.The most used and availed service however is one of obtaining loans and grants for doing business. Apart from giving loans out themselves, Small Business Administration will also stand as surety for people and help them get loans from elsewhere. In the case of natural disasters the organization also provides members with grants so that they can ‘get going’ again and are able to face troubled times.Small Business Administration also helps businesses in contracting and it ranges from Business Development, HUB Zone and Government contracting to name a few.The organization also helps businesses to deal with Advocacy and law related matters.How do I get in touch with the Small Business Administration?You can get in touch with them by visiting their website and calling up their number and speaking with an associate their. Apart from this the site has also got a local office locater which you can use to track down the office that is closest to you and then call them up, make an appointment and meet them in person.I need helping in understanding business better?While Small Business Administration takes care of loans and helps out people who have been turned down at other places for money, they also deal with a whole host of educational material and training programs. These training programs are aimed at people who want to learn more about the different functions of business.What can I learn using SBA:You will find resources that will help you to learn about the basics in starting up your business, such as understanding what are the various forms of ownership, checklists, understanding how franchise works and also knowledge about product basics.Planning is an important aspect and you will be guided on things like writing a business plan, understanding what business you are in and the ways in which you are going to use this plan.Financing is probably the most important part for without it the business will not take off. You will need to know where to look for capital, how to estimate costs and understand financial statements.Small Business Administration also deals with education about marketing and the various forms of keeping your customers happy, conducting research and doing competitive analysis.Employees will make or break your company and any help on finding the right people, what to pay them and what is needed to retain them is welcome.Legal aspects like licenses and permits and business laws need the understanding of an expert and you would definitely seek some guidance in this area.Taxes like State Tax, local tax , Sales and Use tax not only form a big part of your cost structure. If not handled carefully, it could get you on the wrong side of the law as well. It is therefore imperative to seek the utmost clarity here.As is seen above when you are going to do your own business there is a host of things that you need to take care of and Small Business Administration can help you there, over and above getting the money for you to start off. What is important to keep in mind is that most entrepreneurs and business men are most of the times busy just scampering for funds that they lose track of most of the other things that happen and because of that, one thing or the other will go wrong and they will unfortunately have to repent later.If you are managing a small business chances are that it’s a one man show and apart from planning and strategizing you have to do the running around after suppliers and authorities to get the necessary approvals etc. In such cases it is best to leverage on the experience of an organization like the Small Business Administration.

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.