Thursday, February 4, 2016

Don't Forget the SuperBowl Indicator

Super Bowl theory of the stock market was originally proposed by New York Times sportswriter Leonard Koppett in 1978. He simply stated that in 10 out of 11 years, the direction of the stock market was foretold by the outcome of the Super Bowl. Koppett observed that if an old (pre-merger) NFL team won the Super Bowl, the market closed higher for the year, and if an old AFL team won, the market closed down for the year. 

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