motivated by e-mail from Ken G.
geoMagnetic Storms and (maybe) the Stock Market
I get this e-mail from Ken and it reminded me of when I correlated sunspots with market movements and ...
>You're kidding, right?
Yes, it was a joke ... but I think some people swallowed it
Anyway, in a recent paper,
there's an analysis of the effects of geomagnetic storms on investors, hence the stock market.
The reaction of the S&P 500 to the Nov 12, 1960 storm is shown below (as well as something more recent):
Geomagnetic storms (that's GMS) are worldwide disturbances in the earth's magnetic
field caused by ionized emissions (or solar wind plasma) from the sun and they can cause
communications problems, increased drag on spacecraft, electric utility blackouts and ...
>Don't you have something ...?
Recent? How's this (June/July, 2004):
If were doing my usual data mining, I'd says that the maximum Sun Flux on June 20 predicted the S&P drop a few days later.
>Very funny. So, is GMS related to gMS?
Yeah, very funny.