Monday, February 3, 2014
Seahawks Win Good For The Market?
The Super Bowl indicator is a stock market indicator which holds that if an NFC team wins the Super Bowl, the market will be up for the year and if an AFC teams wins, the market will fall. However, some argue that an original NFL team must win for the indicator to indicate an up year. This year, if the Denver Broncos had won, it might have been a good sign since the previous two times they won the Super Bowl the market was up 28 and 15 percent. In any case, the Seattle Seahawks won in a rout, so we will have to wait until the end of the year to see if the indicator is based on an NFC team winning or an original NFL team winning. Of course, if this really is your investment strategy, we would suggest rereading Chapter 14.