1…………> VIX Revenge: Blame Obama
Thousands points stock market drop a day, panic selling, panicked investors rushing to the exits to cash in on their “Trump 401k” profits, what’s going on?
Plain and simple, a transition from Communist led, Yellen controlled centralized US economy where there was no statistics, no supply and demand, no volatility or VIX index crashes, only money printing presses to support the convoluted visions of our no sooner than ever departed 1st Muslim President, Grand Ayatollah Barack Obama, transition to no intervention, market oriented economy, common sense economics of President Trump.
Why then the panic? “Comrade” Yellen left rates at or near zero, at about 1.5%, and now as the Federal Reserve, the unelected, invisible, answerable to no one real government of US is dumping the illegal Obama septic tank of 4.3 trillion dollars poorly disguised under the politically correct description of “Quantitative Easing”, rates jumping by .5% or more. Translation? .5% is 33% of 1.5% base rate, or 33% jump in rates used to compute the option and hedge premiums models, hence the volatility(aka the dispersion index) exploded, finally giving the VIX index a “kick in the pants,” a shot unheard of in eight long years of Communist economics courtesy of Obama, Hillary, Hoodlums & Co.
P.S. Professional market traders consider a volatility of 25% to be extreme.
2…………> Paternal Genes: A Cancer Cluster
BRCA1 and BRCA2 are genes that our body uses to repair damage to the cells DNA. If people inherit a mutated version of either of these genes it puts them at greater risk of certain cancers, with BRCA 1 mutation gives women a lifetime risk of ovarian cancer of 40-50%.
Research team led by Dr. Kevin Eng at the Roswell Park Cancer Institute have targeted one suspect gene, called MAGEC3, located on the X chromosome from fathers.
“What we have to do next is make sure we have the right gene by sequencing more families. This finding has sparked a lot of discussion within our group about how to find these X-linked families. It’s an all-or-none kind of pattern: A family with three daughters who all have ovarian cancer is more likely to be driven by inherited X mutations than by BRCA mutations”, Dr. Eng said.
Annwen Jones, Chief Executive of “Target Ovarian Cancer”, said: “These findings, if borne out by further research, would represent a significant step forward in ovarian cancer prevention, saving thousands of lives”.
3…………> Mount Sinabung: Anger And Fire
A large eruption at Mount Sinabung Volcano in Northern Sumatra, Indonesia, was visible on the Bureau’s high definition satellite images, the National Disaster Mitigation Agency said, adding that there were no fatalities or injuries from the eruption on Monday.
Disaster agency spokesman Sutopo Purwo Nugroho said hot ash clouds travelled as far as 4.9 kilometres south, and that 30,000 people may have been forced to leave homes around the mountain in the past few years.
4…………> Check Then Out, Lock Them Up: Trump
“While discussions are ongoing and revisions are being considered, the president is supportive of efforts to improve the federal background check system,” White House press secretary Sarah Sanders said about Mr.Trump willingness to support efforts to improve vetting of prospective gun ownership.
The National Instant Criminal Background Check System (NICS) currently relies on state and federal officials to report any criminal convictions and mental health issues that should legally stop someone buying a gun, a policy full with loopholes.
5…………> Cancer Test Strip: MIT
“The technology [of the SHERLOCK paper test tool] demonstrates potential for many healthcare applications, including diagnosing infections in patients and detecting mutations that confer drug resistance or cause cancer, but it can also be used for industrial and agricultural applications where monitoring steps along the supply chain can reduce waste and improve safety,” said lead researcher Dr. Zhang Feng from Broad Institute of Massachusetts Institute of Technology (MIT) that developed a “test strip” that allows people’s genetic signatures to be seen with naked eyes.
“With the original SHERLOCK, we were detecting a single molecule in a microliter, but now we can achieve 100-fold greater sensitivity,” according to Omar Abudayyeh, a co-author and MIT graduate student in Zhang’s lab at Broad.
SHERLOCK, a short for Specific High-sensitivity Enzymatic Reporter unLOCKing, is based on the powerful genome-editing technology CRISPR.
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