Super Bowl Indicator

Categories: Financial Theory

Sadly, Nostradamus has been dead for 500 years. So...when your tea leaves have dried up and your crystal ball is in the shop, what do you use to determine whether the stock market is about to go up or down?

Well, according to Leonard Koppett, sportswriter and major superstition aficionado, you can tell to a reasonable degree of certainty which way the market will bounce based on the results of the Super Bowl.

Okay, so he might have been half-kidding, but when Koppett proposed his future-telling system in 1978, it, made a lot of sense to a lot of people. Mostly to people who rely on astrology charts for their investing decisions, but…still. It resonated.

Back when the term was coined, the market went up 90% of the time that the NFC team won the big game…and reliably went down whenever the AFC team emerged victorious. Assuming that Tom Landry, then coach of the Dallas Cowboys, wasn’t massively investing in plastics and pharmaceuticals each time his ‘Boys brought home the trophy, there was probably nothing to it. But it sure seemed convincing.

As time would tell, the theory was proven to be as flimsy as the Houston Oilers’ front seven. Between 2007 and 2017, the Super Bowl Indicator was only 50% accurate. In other words, you might as well trust Tom Brady to predict market turns.

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Finance: What is the Super Bowl Indicato...1 Views

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Finance Allah shmoop what is the Super Bowl indicator And

00:07

sadly Nostradamus has been dead for five hundred years So

00:11

when your tea leaves have dried up and your crystal

00:13

ball is in the shop what do you use to

00:15

determine whether the stock market is about to go up

00:18

or down Well according to the famous Leonard Koppett sports

00:21

writer and major superstition aficionado You Khun tell into a

00:25

reasonable degree of certainty which way the market will bounce

00:28

based on the results of the Super Bowl No this

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Super Bowl Okay so he might have been half kidding

00:35

But when Kopit proposed his future telling system in nineteen

00:38

seventy eight it made a lot of sense to a

00:40

lot of people mostly the people who rely on astrology

00:42

charge for their investing decisions But still you know the

00:46

concept resonated back when the term was coined The market

00:49

went up ninety percent of the time that the NFC

00:53

team won the big game and reliably went down whenever

00:56

the A F C team emerged victorious Anyway assuming that

01:00

Tom Landry then coach of the Dallas Cowboys wasn't massively

01:04

investing in plastics and pharmaceuticals each time his boys brought

01:08

home the trophy Well there was probably nothing to this

01:10

theory but it sure seemed convincing at the time Well

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as time would tell the theory was proven to be

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about as flimsy as the Tampa Bay Buccaneers Front seven

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Well between two thousand seven two thousand seventeen the Superbowl

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indicator it was exactly fifty percent accurate In other words

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you might as well trust this guy to predict market 00:01:30.29 --> [endTime] turns

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