Round Lake Beach, IL, January 30, 2013 --(PR.com
)-- The Super Bowl Indicator claims that the DJIA goes up for the year as a whole when the winner comes from the original National Football League, but when an original American Football League or expansion team wins, the DJIA falls. Going into the 1998 Super Bowl, when the underdog Denver Broncos defeated the Green Bay Packers, the Super Bowl indicator had been correct in 28 of 31 years.
“The trend is your friend is a popular axiom on Wall Street and it’s not hard to see why,” says Mark Geraci Jr. an LPL Financial Advisor for Sound Strategy Estate & Retirement Specialists who works closely with many newlyweds, young parents and pre-retirees in the northwest suburbs of Chicago. “But the Super Bowl Indicator might be starting to lose some of its ‘Lucky Rabbit’s Foot’ powers,” points out Geraci Jr.
Since 1998, the Super Bowl indicator has had a poor record; it has only been correct about 50% of the time. The most notable failure was the New York Giants’ upset win in 2008 over the New England Patriots, which was suppose to bring about a bull market in stocks – instead the Dow plunged that year as the financial crisis took hold. Last year’s replay of the 2008 contest successfully predicted gains for stocks in 2012, though.
“This year’s matchup between the San Francisco 49’ers and the Baltimore Ravens will likely be widely watched, but not for its forecasting ability,” says Geraci Jr.
To find out exactly how anyone can assess their investment needs, call Mark Geraci Jr. at (224) 338-0760. For a free copy of Mark’s Special Report: “The Busy Parent’s Guide to Living Debt Free and Truly Wealthy” please email firstname.lastname@example.org or visit http://mysoundstrategy.wordpress.com or write to: Sound Strategy Estate & Retirement Specialists, 1228 N Red Oak Cir #4, Round Lake Beach, IL 60073. Securities offered through LPL Financial, Member FINRA/SIPC