So there I was Sunday night all set to watch the big game with a plate full of chicken wings, guacamole dip and chips, and having just feasted on some stromboli. Now it was time to get serious and consider the financial consequences for the stock market over the outcome of the game! Let’s see, according to the Super Bowl theory, stock market trends are predicted by the game winner. In fact, the game indicator suggests that a win by an old American Football Conference (AFC) team is the precursor for a down stock market year. Conversely, a win by a team that can trace its roots back to the original National Football League (NFC) predicts a strong stock market year.
Well I must admit, my heart was with New Orleans, but my head said Indianapolis was the stronger team. But the Colts were the AFC champion, so the market would go down if they won. Just then, as I was having another chicken wing, it came to mind that these Colts were indeed from the original National Football League. Remember they were the Baltimore Colts in the days of Johnny Unitas. So if they did win, all would be good. And on the other hand, what about those Saints? If they won I might have a problem calling them an original NFC team.
My recollection was that the Saints were founded in 1967 as an expansion team in the NFC, not one of the original in existence at the time of the first Super Bowl. So could I really count on the market going up if they did win? Just then a very disturbing thought crossed my mind. Wasn’t it just two years ago when the New York Giants (NFC) made that miraculous playoff run to the Super Bowl and won it over the then previously unbeaten AFC champs the New England Patriots. What happened to the stock market that year? It only proceeded to drop by 40%! So I said to myself should I really be concerned with who wins as regards the stock market predictor?
So I sat back and just enjoyed a great game, which as we all know by now, was won by the New Orleans Saints. As I dipped those taco chips into the guacamole I just kept thinking to myself that I had better keep my own eyes and ears on the traditional economic and market indicators and forget about relying on any outside help like Super Bowl Indicators!
