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Super Bowl and the Stock Market?

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question everything Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-29-08 12:54 PM
Original message
Super Bowl and the Stock Market?
Some years back it was said that depending on who wins the Super Bowl (NFC or AFC) determines how the market ends the year.

Does this relation still hold?

And if so, which team is the bull and which is the bear?
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OPERATIONMINDCRIME Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-29-08 12:57 PM
Response to Original message
1. Not Sure. All I Know Is GO GIANTS!!!!!
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evlbstrd Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-29-08 12:58 PM
Response to Original message
2. Might as well be true.
It appears that the stock market is guided by emotion.
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Captain Hilts Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-29-08 01:00 PM
Response to Original message
3. Market goes UP when an original NFL team wins. So, investors, root for the Giants! nt
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question everything Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-29-08 01:10 PM
Response to Reply #3
5. Thanks, found it
The Super Bowl Indicator

Legend: Annual stock market trends are predicted by the winner of each year's Super Bowl.

Origins: Want to know if the bulls or bears will be rampaging through the market this year?

Popular wisdom says look to the Super Bowl for the answer because a seemingly startling correlation appears to exist between who wins the big game and how the market will perform in the upcoming year. According to the "Super Bowl Indicator," a triumphant team from the old American Football League (now the American Football Conference, or AFC) foreshadows a down market, but a winner from the old NFL (now the National Football Conference, or NFC) means dust off your red cape, because the bulls are coming.

The Super Bowl Indicator has been on the money 30 out of 37 times, which even by my math represents a success rate of more than 80%. In 2005, the New England Patriots' defeat of the Philadelphia Eagles in Super Bowl XXXIX correctly predicted a down market, as the Dow Jones Industrial Average (DJIA) finished the year slightly below (-0.8%) its 2004 closing (although the Nasdaq was up 1.4% for the year).


The URL for this page is http://www.snopes.com/business/bank/superbowl.asp


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LiberalFighter Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-29-08 01:22 PM
Response to Reply #5
6. Past Results
NFC - 1978
AFC - 1979-1981

NFC - 1982-1983
AFC - 1984

NFC - 1985-1997
AFC - 1998-1999

NFC - 2000
AFC - 2001-2002

NFC - 2003
AFC - 2004-2007
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tuckessee Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-29-08 01:02 PM
Response to Original message
4. If that's true....
....I'm willing to risk worldwide total economic collapse to see the Hoodie & his camera totin' Pats go down.
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JackintheGreen Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-29-08 01:32 PM
Response to Reply #4
7. But if I read it right
if the Giants won the market would end up. Unfortunately, I'm so petty that my hatred of Shockey (whos not even playing) is so great that I'd suck up a down market for the Pats to embarrass the NYG.
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CreekDog Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-29-08 01:33 PM
Response to Original message
8. Non-causal correlation
look it up. i wouldn't worry about it. i just hope the cheaters don't win.

:hi:
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Captain Hilts Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-29-08 01:58 PM
Response to Reply #8
11. So, Space Ghost, you don't believe high ice cream consumption leads to high crime rates?
Picky, picky, picky...
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SoCalDem Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-29-08 01:34 PM
Response to Original message
9. A few days BEFORE the SuperBowl, snackfood stocks surge
and so does beer & pizza, but I'm not so sure about the others :)
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question everything Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-29-08 01:40 PM
Response to Reply #9
10. I think that purchase of lipstick also has some correlation
not sure how, though.



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SoCalDem Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-29-08 02:10 PM
Response to Reply #10
12. Here's how..
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LiberalFighter Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-29-08 03:21 PM
Response to Reply #10
13. Didn't you read about the hookers that come into town during Super Bowl week?
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