Mike sends in the story of a new fingerprint technology with interesting potential for both crime detection and rights violations; there are also intriguing possibilities in fighting cancer. “Using a variation of mass spectrometry called ‘desorption electrospray ionization’ or ‘Desi,’ a fingerprint can identify what the person has been touching — drugs, explosives, or poisons, for example. Writing in the Friday issue of the journal Science, R. Graham Cooks, a professor of chemistry at Purdue University, and his colleagues describe how the technique could find a wider application in crime investigations. As it becomes cheaper and more widely available, the Desi technology has potential ethical implications, Cooks stated. Instead of drug tests, a company could surreptitiously check for illegal drug use of its employees by analyzing computer keyboards after the employees have gone home, for instance.”

Read more of this story at Slashdot.

Share This

Share This

Death Metal Maniac writes “The team analyzed the DNA of 13 genes from Neanderthal mitochondria and found they were distinctly different from modern humans, suggesting Neanderthals never, or rarely, interbred with early humans. The genetic material shows that a Neanderthal ‘Eve’ lived around 660,000 years ago, when the species last shared a common ancestor with humans. Neanderthal brains were on average more massive than those of modern humans.”

Read more of this story at Slashdot.

Share This

Share This

CheshireCatCO writes “When Cassini makes its closest approach (50 km) during the flyby of the moon Enceladus next Monday 11 August, the spacecraft will be zipping by too swiftly to turn and image in the usual way. So the Cassini team will be trying something new: a ’skeet-shoot’ of the surface. The spacecraft will begin to spin before the closest approach to the south pole so that when the best resolution is possible, the moon will drift through the field of view slowly enough to acquire unsmeared images. Of interest are the eruption-sites on the surface that give rise to the plume extending thousands of kilometers into space and producing Saturn’s E ring. This flyby will be optimized for the imaging instruments (ISS, VIMS, CIRS, and UVS) in contrast with the March flyby, which was designed for the fields-and-particles instruments.”

Read more of this story at Slashdot.

Share This

Share This

Filed under: Wal-Mart (WMT), Indices, Commodities, Oil, Housing

Minyanville Professor Quint Tatro dares to share the kind of keen insight and actionable information you won’t find in any prospectus. For more original thought, visit www.minyanville.com.

There are a few things I am watching for today to give me superior clues as to the internal character of the market.

Wal-Mart (NYSE: WMT): It’s off on retail numbers after the stock broke out of a four-month consolidation pattern on good volume. If the stock catches a bid, it is an indication that institutional investors are back stalking retail plays and would be bullish for the general market.

Energy ETF (AMEX: XLE): Energy has recently broken a longer term trend going back to mid-2006. It is bouncing off recent lows on very light volume. If money continues to rotate out of this sector, finding a home in the likes of retail, housing and financials, again a bullish sign. I initiated a short position in XLE this morning.

Financial ETF (AMEX: XLF): Financials have been and will continue to be the key to the market’s future. After recapturing the 50-day moving average, this ETF is being brought down by AIG (AIG) and needs to regain its footing. Some consolidation is fine, but anything back below $20 would have me heading back towards the bunker.

Homebuilders ETF (AMEX: XHB): The homebuilders continue to perk up and also remain a key to the future of the tape. They’re probing green today above their 50-day moving average on decent early volume. A break here above yesterday’s high going on to attack the $19.00 level is also a bullish sign.

These are things I am watching for which will give me my clues to begin wading back into the market with real capital.

(Prof. Tatro has positions in WMT, XLE, XLF, XHB).

Share This

Share This

thepacketmaster writes “The International Boundaries Research Unit has recently published a new jurisdictional map of the Arctic, using geographic and legal definitions. Now it appears Santa Claus could potentially be Danish. But as pointed out in an article at The Star, more important than St. Nick is ‘an area thought to contain one-fifth of the world’s undiscovered and recoverable oil and gas resources,’ and from this map, Russia has a big claim in that.”

Read more of this story at Slashdot.

Share This

Share This

dstates writes “The Columbus Post Dispatch reports that the State of Ohio is suing Premier Election Systems (previously known as Diebold) over malfunctions in electronic voting machines. Election workers found that votes were ‘dropped’ in at least 11 counties when memory cards were uploaded to computer servers. The same voting machines are used nationwide. The company blames a conflict between their software and antivirus software for the problem and says that an advisory was issued on the subject. The Ohio lawsuit contends that the company made false representations and failed to live up to contractual obligations and seeks punitive damages.”

Read more of this story at Slashdot.

Share This

Share This

According to a story at the Washington Post, John McCain’s presidential campaign is offering more than moral suasion to fire people up for a McCain presidency; they’re also offering ready-made snippets of rhetoric for interested supporters to supply under their own names in public comments to on the internet news sources and forums. Such pre-written commentary by itself is neither new nor necessarily nefarious, but it seems a bit off-kilter that prolific commenters are eligible for rewards — not just campaign swag like hats and stickers, but higher-ticket items like a ride with McCain on his campaign bus. Probably a script could be whipped up to compare the canned suggestions on the site with “grassroots” comments on political news sites around the web.

Read more of this story at Slashdot.

Share This

Share This