Bulls and Bears – oh my!
January 14, 2021 by admin
Filed under Featured, Forex Tips
Anyone who has flicked through the financial channels on their cable TV box without really stopping to listen to what is being said will probably be occasionally confused by references to “bulls” and “bears”. These terms are common parlance in trading situations, and can be heard or read in any market analysis if you stay tuned long enough. They are not references to sports teams, nor to a traveling zoo visiting a trading floor, but rather to styles of market.
A “bull” market is, in short, a market on the rise. It is characterised by a great deal of investor confidence, which can carry on for an indefinite period of time. When a currency breaks its resistance level, it is expected to continue rising, to move with a singularity of purpose. This is much like the way a bull is characterised. Additionally, it triggers herd behavior, as more and more investors will join in and invest more. The term “bull market” is therefore a good definition of a market behaving confidently.
“Bear” markets, on the other hand, are the exact opposite of bulls. Where prices fall and the investor mood is negative, the support level may be broken and the price will continue to fall. The most common explanation for the terminology here is that when a bear attacks its prey, it tends to do so by striking downwards. For a true bear market to be declared, a majority of currencies need to fall, however a single currency can be described as behaving “bearishly”.
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What is mirror life? Scientists are sounding the alarm
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Scientist Kate Adamala doesn’t remember exactly when she realized her lab at the University of Minnesota was working on something potentially dangerous — so dangerous in fact that some researchers think it could pose an existential risk to all life forms on Earth.
She was one of four researchers awarded a $4 million US National Science Foundation grant in 2019 to investigate whether it’s possible to produce a mirror cell, in which the structure of all of its component biomolecules is the reverse of what’s found in normal cells.
The work was important, they thought, because such reversed cells, which have never existed in nature, could shed light on the origins of life and make it easier to create molecules with therapeutic value, potentially tackling significant medical challenges such as infectious disease and superbugs. But doubt crept in.
“It was never one light bulb moment. It was kind of a slow boiling over a few months,” Adamala, a synthetic biologist, said. People started asking questions, she added, “and we thought we can answer them, and then we realized we cannot.”
The questions hinged on what would happen if scientists succeeded in making a “mirror organism” such as a bacterium from molecules that are the mirror images of their natural forms. Could it inadvertently spread unchecked in the body or an environment, posing grave risks to human health and dire consequences for the planet? Or would it merely fizzle out and harmlessly disappear without a trace?