A weird theory linking stocks to weather.
It states that a white Christmas in Boston will be followed by a rise in stocks that coming year. There have been years these two things have both happened (like...it’s snow; it happens), but it’s purely coincidental.
This indication is also known as the BS indicator, and you can probably see why.
Related or Semi-related Video
Finance: What is the Dow Theory?10 Views
Finance allah shmoop what is dow theory Well it's a
push me pull you index Yeah like you know the
doctor do little lama thing with the overall average of
the dow thirty stocks here and the dow jones transport
index here where one goes well generally the other follows
that is they are highly correlated in price and one
is basically an indicator of where the other is heading
Why Well originally the dow transports were railroads which appalled
all the crap that the dow industrials made so you'd
think that one would follow the other And if the
push me pull you thing didn't work for you well
take a short look at this caterpillar crawling you know
like that one part goes forward and then the other
follows Well dow theory is one of a good gillian
black box crystal ball theories that charters tried to use
to predict how the stock market would run in the
future so that they could profit from those predictions And
like all other black box theories they work sometimes even
very nicely for a while with high prediction levels That 00:01:08.293 --> [endTime] is well until they don't No
Up Next
The Greater Fool Theory posits that there is always a greater fool out there to buy an item at a higher price... until there isn't.
Modern Portfolio Theory claims there's a smart way to invest. If it's not "put all your money under your mattress," we might be doing it wrong...
What is odd lot theory? Hm, how odd that you don't know...hit play to find out.
What is short interest theory? Watch this not-so-short video to find out.