Theory has it that whoever wins the Super Bowl will predict whether the market goes up or down. The Super Bowl Indicator predicts that if an NFL team wins the Super Bowl the market will go up but if an old AFL team wins then the market will go down. This theory has been right 33 times out of the 42 Super Bowls for a 79% rate of success of predicting the market. There's no logical correlation between who wins the Super Bowl and the stock market and it's more superstition than economic forecast.
Last year the Giants (an old NFL team) won the Super Bowl over the Patriots (an AFL team) which should've meant the stock market would go up but we all saw how that worked out. This year both the Cardinals and the Steelers are from the NFL (The Cardinals were originally of the St. Louis franchise). According to the indicator, no matter which team wins the stock market is predicted to go up. At least we can be optimistic. But if you ask me the Cardinals don't have a chance against the Steelers defense.
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