Super Bowl Winners and Stock Prices: Correlation Without Causation

By Ploutos:With the Super Bowl opponents now decided, we take a whimsical look at the potential market and economic implications. This time of year will bring stories about the predictive power of the Super Bowl Indicator, which points to declines if a successor to the American Football League (now the AFC) wins the championship, and gains if a National Football League (now the NFC) team brings home the Lombardi Trophy.

John Nyaradi submits:by John Nyaradi

Hickey and Walters (Bespoke) submit: What happens when you combine a groundhog with the Super Bowl? Besides, potentially the most bizarre second derivative market indicator out there, it is also a stock market bull's fantasy...at least this year.

Working on small details in their last practices, the Indianapolis Colts and New Orleans Saints entered Super Bowl weekend trying to keep a normal routine ahead of the biggest game of their lives."Guys are going to be anxious. They haven't been able to play in a couple weeks," Colts coach Jim Caldwell said. "We've done what we would normally do. Our guys have been extremely attentive. They have focused on the little things."We had a great week of work. My goal is to have that same enthusiasm and fun for Sunday's game and I don't think that will take much prodding."