Super Bowls: Overall, this now has happened after 40 of the 49 Super Bowls, for an 82% completion rate, according to Market Watch. Up or down, it is a phenomenon known as the Super Bowl Predictor, and some say its longtime guardian, who is nearly 90 years old , should be in the Hall of Fame by now, either of investing or football. As illogical as it sounds, for seven years in a row the outcome of the game has foretold the stock market direction for the year. Wall Street analyst Robert H. Stovall actually is the first to admit that the Predictor has no scientific basis. And Wall Street has a tradition of quirky indicators, perhaps because serious indicators fail so often. Still, academics have studied it.
(news.financializer.com). As
reported in the news.
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