Although the SuperBowlindicator may be a statistical oddity, the presidential election cycle theory appears to have some basis to it.
FORBES: Presidential Election Cycle Suggests Stocks Are A Buy
2.
The most popular of these quirky relationships is the SuperBowlindicator, which basically says it's not Adam Smith's Invisible Hand moving the market, but Vince Lombardi's.
FORBES: Forecasting The Market With Oddball Indicators
3.
Such is the case with the SuperBowlIndicator.
FORBES: Super Bowl And Other January Indicators Bode Well For Stocks