This is the second time 10 Days that I've received an alert of a Solar Storm from the Rise Space Institute. The effects of Solar Storms can be acute - the most obvious effect is on a visually magnificent display of Aurora. More intense effects can be felt on the communications system and the electrical system, with widespread blackouts often occurring.
Less well known is their effect on human behaviour and, in particular, stock market decision making:
The geomagnetic storm signature can even be found in financial decision making reflected in stock market transactions. In an innovative study by Krivelyova et al., evidence of substantially lower returns around the world during periods of geomagnetic activity was uncovered. The small capitalization stocks being affected by geomagnetic storms more than large capitalization stocks. Small caps are held primarily by individual investors. (Krivelyova, A., and C. Robotti, (2003) Playing the field: geomagnetic storms and the stock market, Federal Reserve Bank of Atlanta, Working Paper 2003-5b, October 2003.)
Following are the alerts that I received:
1. This alert is from the Rice Space Institute issued on Fri Feb 4 19:20:01 GMT 2011 ACE Solar Wind observations warrant condition RED
2. Trigger Boyle index (kV): 212.120000This alert is from the Rice Space Institute issued on Mon Feb 14 19:50:01 GMT 2011 ACE Solar Wind observations warrant condition RED Trigger Boyle index (kV): 234.090000
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