swings | Common News Update

Apr162020 by adminNo Comments

Op-Ed: Don’t let coronavirus market swings hijack your brain

Finance

Our brains are wired to look for danger and react quickly to an approaching attack; however, this most recent threat is invisible, but no less distressing to our primitive brains. Plummeting stock prices are sending some investors over the edge, leading to irrational behavior that has dire long-term financial repercussions.In his book, "Your Money & Your Brain," journalist Jason Zweig explains that financial losses are processed in the same part of the brain that responds to mortal danger. As investors see their investment portfolios plunge and paychecks disappear, an almond-shaped tissue in our brains called the amygdala kicks into high gear. The amygdala plays a crucial role in processing and steering your emotions, such as fear and anger, allowing you to respond quickly to dangerous...

Mar72020 by adminNo Comments

Wall Street braces for more market volatility as wild swings become the ‘new normal’ amid coronavirus

Finance

Traders work during the opening bell at the New York Stock Exchange (NYSE) on February 28, 2020 at Wall Street in New York City.Johannes Eisele | AFP | Getty ImagesThe S&P 500 has never behaved like this, but Wall Street strategists say get used to it. Investors just witnessed the equity benchmark swinging up or down 2% for four days straight in the face of the coronavirus panic.In the index's history dating back to 1927, this is the first time the S&P 500 had a week of alternating gains and losses of more than 2% from Monday through Thursday, according to Bespoke Investment Group. Daily swings like this over a two-week period were only seen at the peak of the financial crisis and in 2011 when U.S. sovereign debt got its first-ever downgrade, the firm said."The message to...

May212018 by adminNo Comments

NASA spacecraft swings by moon, snaps 200,000 stars

Technology

NASA's new planet-hunting spacecraft has successfully completed a flyby around the moon - snapping a photograph revealing more than 200,000 stars along the way. The picture is the first taken since the Transiting Exoplanet Survey Satellite (TESS) lifted off from Cape Canaveral in April on a SpaceX Falcon 9 rocket.TESS completed its lunar flyby on 17 May and the science team completed a two-second test exposure using one of the spacecraft's four cameras. Image: The new NASA image shows 200,000 stars It is centred on the southern hemisphere constellation Centaurus and reveals more than 200,000 stars.The picture is just the beginning for NASA, as TESS is expected to cover 400 times as much sky during its mission to search...

May182018 by adminNo Comments

TESS snaps image of the stars as it swings by the moon en route to its final orbit

Science

May 18 (UPI) -- TESS, or the Transiting Exoplanet Survey Satellite, NASA's next-generation planet hunter, snapped a picture of the stars as it swung within 5,000 miles of the moon on Thursday, using the moon's gravity to fling itself toward its final orbit. With the feat, the spacecraft moved closer to the beginning of its scientific mission: photographing transiting exoplanets. The two-second test exposure, captured on Thursday, suggests the planet hunter's cameras are working properly. The plethora of stars in the image -- at least 2,000 of them -- showcases the broad perspective provided by TESS's four cameras. At the center of the image lies the southern constellation Centaurus. While TESS's scientific mission is largely the same as NASA's veteran planet hunter Kepler's -- to take im...

Sep232017 by adminNo Comments

NASA's asteroid chaser swings by Earth on way to space rock

Technology

NASA's asteroid-chasing spacecraft is swinging by Earth on Friday on its way to a space rock. Launched a year ago, Osiris-Rex was on track to pass within about 11,000 miles (17,700 kilometers) of the home planet Friday afternoon — above Antarctica. It needs Earth's gravity as a slingshot to put it on a path toward the asteroid Bennu. Osiris-Rex should reach the small, roundish asteroid next year and, in 2020, collect some of its gravel for return to Earth. If all goes well, scientists should get the samples in 2023. Friday's flyby is a quick hello: The spacecraft will zoom by at about 19,000 mph (31,000 kph). NASA has taken precautions to ensure Osiris-Rex — about the size of an SUV — does not slam into any satellites. "Everything looks great! Thanks for the well wishes," the University o...