Another solar flare from Sunspot 1402, few minutes ago: this one is really big: a class X2. Fortunately Sun Spot 1402 does no longer face directly the Earth so the upcoming geomagnetic storm will not be so severe and the market may be spared another time. Nevertheless I remain in "risk off" mode for the week-end...
By the way Earthquakes are also likely with this kind of solar activity ( I think there is a connection between the two phenomena): there was one in North of Italy (the second in a 48 hours) M5.4 ...the windows of my office trembled for few seconds....no major damages thanks God. We are not used to this stuff int his area, a rare event.
Less about astrophysics and more about the markets next week....time to rest now: have a nice week-end!
