Ever heard of The Super Bowl Indicator? For those who haven’t or for those (like me), who need a quick refresher course, here’s how the indicator works (remember, there is little or no science to this at all; it’s just for fun): The Indicator holds that stocks will rise over the coming year if the winning team can trace its roots back to the original National Football League. Conversely, stocks will fall if that team’s roots are in the old American Football League. Over the past 42 years, the indicator has a 79% success rate! Not bad, but far from perfect – most recently it failed to predict the 2001 and 2008 market declines. So if you’re rooting for a postive year in the stock market (and who isn’t), you’ll be happy to know that both The Arizona Cardinals and The Pittsburg Steelers are from the original National Football League. Therefore, no matter who wins, The Super Bowl Indicator would say we have a 79% probabilty of an up year in the markets! |