Leading Indicator

Finance Allah shmoop what is the Super Bowl indicator And

sadly Nostradamus has been dead for five hundred years So

when your tea leaves have dried up and your crystal

ball is in the shop what do you use to

determine whether the stock market is about to go up

or down Well according to the famous Leonard Koppett sports

writer and major superstition aficionado You Khun tell into a

reasonable degree of certainty which way the market will bounce

based on the results of the Super Bowl No this

Super Bowl Okay so he might have been half kidding

But when Kopit proposed his future telling system in nineteen

seventy eight it made a lot of sense to a

lot of people mostly the people who rely on astrology

charge for their investing decisions But still you know the

concept resonated back when the term was coined The market

went up ninety percent of the time that the NFC

team won the big game and reliably went down whenever

the A F C team emerged victorious Anyway assuming that

Tom Landry then coach of the Dallas Cowboys wasn't massively

investing in plastics and pharmaceuticals each time his boys brought

home the trophy Well there was probably nothing to this

theory but it sure seemed convincing at the time Well

as time would tell the theory was proven to be

about as flimsy as the Tampa Bay Buccaneers Front seven

Well between two thousand seven two thousand seventeen the Superbowl

indicator it was exactly fifty percent accurate In other words

you might as well trust this guy to predict market 00:01:30.29 --> [endTime] turns