Wednesday, February 8, 2012

Just for Fun. . . The Super Bowl stock market indicator

It’s one of those things that’s too much fun not to pay attention to this time of year; I’m talking about the Super Bowl Stock Market Indicator.

This nutty little barometer that seemingly has nothing to do with stocks has been correct in 35 of the past 45 years by asserting that the when a team from the old National Football League (before the 1970 AFL-NFL merger) or a team from the National Football Conference wins the Super Bowl, large cap U.S. stocks will advance for the year. A champion from the AFC or old American Football League is supposed to bring out the bears. This suggests that a win by the NFC’s New York Giants over the AFC’s New England Patriots in Super Bowl XLVI in on Sunday would be bullish for stocks. John Dobosz for Forbes.