ShmoopTube
Where Monty Python meets your 10th grade teacher.
Search Thousands of Shmoop Videos
Forex Videos 93 videos
What's a yankee bond, and does it stick a feather in its cap and call it macaroni?
What is a Country Basket (Index Fund)? Investing internationally can be a challenge, as foreign exchange, different accounting rules, time zones an...
What are credit ratings and how are they interpreted? Credit ratings describe a borrower’s likelihood to pay back their debts; it’s a look at h...
Finance: What is the Super Bowl Indicator? 1 Views
Share It!
Description:
What is the Super Bowl Indicator? Back in the late 1970s, a NY Times Sportswriter attempted to make a correlation between whether an NFC or AFC team won the Super Bowl and if the Dow Jones Industrial Average closed up or down that same year. At that time, there had been only a dozen Super Bowls played, and it appeared to be 90% accurate. Since then, the accuracy has drifted considerably to where the law of averages has debunked the Super Bowl as a market prognosticator.
- Terms and Concepts / Regulations
- Social Studies / Finance
- Terms and Concepts / Metrics
- Terms and Concepts / Charts
- Terms and Concepts / Econ
- Terms and Concepts / Mortgage
- Terms and Concepts / Bonds
- Finance / Financial Responsibility
- Terms and Concepts / Investing
- Terms and Concepts / IPO
- College and Career / Personal Finance
- Terms and Concepts / Education
- Terms and Concepts / Financial Theory
- Terms and Concepts / Forex
- Life Skills / Personal Finance
- Finance / Finance Definitions
- Life Skills / Finance Definitions
- Finance / Personal Finance
- Terms and Concepts / Mutual Funds
- Terms and Concepts / Accounting
- Terms and Concepts / Stocks
- Courses / Finance Concepts
- Subjects / Finance and Economics
- Terms and Concepts / Index Funds
- Terms and Concepts / Trading
- Finance and Economics / Terms and Concepts
- Terms and Concepts / International
- Terms and Concepts / Managed Funds
Transcript
- 00:00
Finance Allah shmoop what is the Super Bowl indicator And
- 00:07
sadly Nostradamus has been dead for five hundred years So
- 00:11
when your tea leaves have dried up and your crystal
- 00:13
ball is in the shop what do you use to
- 00:15
determine whether the stock market is about to go up
Full Transcript
- 00:18
or down Well according to the famous Leonard Koppett sports
- 00:21
writer and major superstition aficionado You Khun tell into a
- 00:25
reasonable degree of certainty which way the market will bounce
- 00:28
based on the results of the Super Bowl No this
- 00:32
Super Bowl Okay so he might have been half kidding
- 00:35
But when Kopit proposed his future telling system in nineteen
- 00:38
seventy eight it made a lot of sense to a
- 00:40
lot of people mostly the people who rely on astrology
- 00:42
charge for their investing decisions But still you know the
- 00:46
concept resonated back when the term was coined The market
- 00:49
went up ninety percent of the time that the NFC
- 00:53
team won the big game and reliably went down whenever
- 00:56
the A F C team emerged victorious Anyway assuming that
- 01:00
Tom Landry then coach of the Dallas Cowboys wasn't massively
- 01:04
investing in plastics and pharmaceuticals each time his boys brought
- 01:08
home the trophy Well there was probably nothing to this
- 01:10
theory but it sure seemed convincing at the time Well
- 01:14
as time would tell the theory was proven to be
- 01:16
about as flimsy as the Tampa Bay Buccaneers Front seven
- 01:19
Well between two thousand seven two thousand seventeen the Superbowl
- 01:23
indicator it was exactly fifty percent accurate In other words
- 01:27
you might as well trust this guy to predict market 00:01:30.29 --> [endTime] turns
Related Videos
How are risk and reward related? Take more risk, expect more reward. A lottery ticket might be worth a billion dollars, but if the odds are one in...
How do credit card companies work? Credit card companies are, in a way, lenders. They give consumers a rectangular piece of plastic that allows the...
How do some accountants “cook the books”? Cooking the books refers to accountants making company’s financials look much better than they are....
How do you become incorporated? Go to Legal Zoom. Pay $150, file with the state of Delaware or whoever each year. Pay another $150. Most file as LL...
How do you get a startup funded? Depends if we're talking about a tech startup, or a non-tech startup. If you've got a promising, budding tech comp...