Introduction to Four Witches Day
The English name of Four Witches Festival is Four Witches Festival. In America, witches represent bad luck, so the name of Four Witches Day is also full of misfortune. In four days, the due delivery of financial derivatives is often extremely destructive. Take the Four Witches Festival in 2020 as an example. The Dow Jones index and the Standard & Poor's 500 index fell for three consecutive four witch days, and the Nasdaq index also fell in March and September, but rose again in June. On the third Four Witches Day in 2020, Apple fell by 20% from the highest point, and its market value directly evaporated by 500 billion US dollars. The violent fluctuation of the fourth witch day market is closely related to the fund manager's position change.