Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Thursday, the 1st of November.
"Rabbit, rabbit, rabbit" is a common British superstition which states that a person should say the words "rabbit, rabbit, rabbit" out loud upon waking on the first day of the month. According to legend and lore, this will ensure good luck for the duration of that month.
One trader I knew on the floor of the CME carried a rabbit's foot in his pocket everyday! He claimed it gave him good luck with his trading. Judging from his success, I would have to say it worked!!
So don't forget, on the first of December to say "rabbit, rabbit, rabbit" when you wake up. It can't hurt.
The stock markets are gradually getting back to normal and into the swing of things again. Certainly today's 1% rally in the major indices is a good indication that more and more traders are once again back at their desks and focusing on the markets. Continue reading "Daily Video Update: "Rabbit, rabbit, rabbit.""