For those that are interested in market dynamics; or why are my waters feeling ominous.
We are currently approaching solar maximum, and geomagnetic storms are more prevalent.
https://www.spaceweather.com/
I sold out during a storm would you believe.
https://www.atlantafed.org/-/media/documents/research/publications/wp/2003/wp0305b.pdf
Anna Krivelyova, Boston College
Cesare Robotti, Federal Reserve Bank of Atlanta
Abstract: Explaining movements in daily stock prices is one of the most difficult tasks in modern finance. This
paper contributes to the existing literature by documenting the impact of geomagnetic storms on daily stock
market returns. A large body of psychological research has shown that geomagnetic storms have a profound
effect on people's moods, and, in turn, people's moods have been found to be related to human behavior,
judgments and decisions about risk. An important finding of this literature is that people often attribute their
feelings and emotions to the wrong source, leading to incorrect judgments. Specifically, people affected by
geomagnetic storms may be more inclined to sell stocks on stormy days because they incorrectly attribute their
bad mood to negative economic prospects rather than bad environmental conditions. Misattribution of mood
and pessimistic choices can translate into a relatively higher demand for riskless assets, causing the price of
risky assets to fall or to rise less quickly than otherwise. The authors find strong empirical support in favor of a
geomagnetic-storm effect in stock returns after controlling for market seasonals and other environmental and
behavioral factors. Unusually high levels of geomagnetic activity have a negative, statistically and economically
significant effect on the following week's stock returns for all U.S. stock market indices. Finally, this paper
provides evidence of substantially higher returns around the world during periods of quiet geomagnetic
activity.
J
Sorry I let you all down, and the very best of trading and investing luck and knowledge to all.
- Forums
- ASX - By Stock
- BML Chart
For those that are interested in market dynamics; or why are my...
- There are more pages in this discussion • 470 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BML (ASX) to my watchlist
(20min delay)
|
|||||
Last
11.5¢ |
Change
0.015(15.0%) |
Mkt cap ! $21.09M |
Open | High | Low | Value | Volume |
10.0¢ | 11.5¢ | 10.0¢ | $3.516K | 32.46K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 135098 | 11.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.5¢ | 6418 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 135098 | 0.110 |
4 | 62275 | 0.105 |
10 | 430522 | 0.100 |
1 | 30000 | 0.098 |
2 | 55500 | 0.096 |
Price($) | Vol. | No. |
---|---|---|
0.120 | 15482 | 2 |
0.125 | 20000 | 1 |
0.135 | 55660 | 1 |
0.150 | 24000 | 1 |
0.170 | 152764 | 2 |
Last trade - 14.11pm 07/05/2024 (20 minute delay) ? |
|
|||||
Last
11.0¢ |
  |
Change
0.015 ( 4.76 %) |
|||
Open | High | Low | Volume | ||
10.5¢ | 12.0¢ | 10.5¢ | 159109 | ||
Last updated 14.35pm 07/05/2024 ? |
Featured News
BML (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
Previous Video
Next Video
SPONSORED BY The Market Online