Saturday, February 15, 2014

Is the Super Bowl a Predictor of Stock Market Returns

Truth be told given the fact that the Patriots did not make it to the Super Bowl this year in many ways I simply don't care. That said, people are constant looking for weird predictors of which direction the stock market may be headed.

The so-called Super Bowl  indicator says when the NFC team wins the market will be up  in the AFC team wins the market will be down that means that sense of Seattle  won the market will go up.

However, this indicator has more loopholes  when the Rams beat the Titans in 2000  the Dow lost 6% . even though the Giants won in 2008 ( beating my Patriots ) the Dow dropped 34%.

I suppose the best news is that pitchers and catchers report  next week .

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