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The
Super Bowl and the Market
Brian
Trumbore
President/Editor, StocksandNews.com
Time for our now annual update on the
Super Bowl and the market. Until the past five years
or so, the adage was that if a team from the old NFL
won the contest (including AFC entries like the Pittsburgh
Steelers?a former NFL team before the merger of the
two leagues), then the stock market would rise. But
Denver's two victories in 1998 and 1999 put that theory
to bed (it being a traditional AFC squad), as stocks
rose 20%+ each year thereafter.
Bottom
line, though, the market, as measured by the total
return on the S&P 500, has had 9 down years out of
the 36 in which there has been a Super Bowl and AFC
teams were victors in 7 of them. Ergo, if you're long
the market, go Philadelphia or Tampa Bay!
Note:
I included 1966 just to give you a sense of the environment
before the games started.
Results
and total return of the S&P 500
1966????..No
game?????-10.1%
1967
Green Bay 35 Kansas City 10?.+24.0%
1968
Green Bay 33 Oakland 14???+11.1%
1969
New York Jets 16 Baltimore 7?-8.5%
1970
Kansas City 23 Minnesota 7??+4.0%
1971
Baltimore 16 Dallas 13????+14.3%
1972
Dallas 24 Miami 3??????+19.0%
1973
Miami 14 Washington 7???..-14.7%
1974
Miami 24 Minnesota 7????-26.5%
1975
Pittsburgh 16 Minnesota 6???+37.2%
1976
Pittsburgh 21 Dallas 17????+23.8%
1977
Oakland 32 Minnesota 14???-7.2%
1978
Dallas 27 Denver 10?????.+6.6%
1979
Pittsburgh 35 Dallas 31????+18.4%
1980
Pittsburgh 31 L.A. Rams 19??+32.4%
1981
Oakland 27 Philadelphia 10??.-4.9%
1982
San Francisco 26 Cincinnati 21...+21.4%
1983
Washington 27 Miami 17???+22.5%
1984
L.A. Raiders 38 Washington 9?+6.3%
1985
San Francisco 38 Miami 16??.+32.2%
1986
Chicago 46 New England 10??+18.5%
1987
NY Giants 39 Denver 20???..+5.2%
1988
Washington 42 Denver 10??...+16.8%
1989
San Francisco 20 Cincinnati 16?+31.5%
1990
San Francisco 55 Denver 10??.-3.2%
1991
NY Giants 20 Buffalo 19???..+30.6%
1992
Washington 37 Buffalo 24???+7.7%
1993
Dallas 52 Buffalo 17?????.+10.0%
1994
Dallas 30 Buffalo 13?????.+1.3%
1995
San Francisco 49 San Diego 26?+37.4%
1996
Dallas 27 Pittsburgh 17????.+23.1%
1997
Green Bay 35 New England 21?.+33.4%
1998
Denver 31 Green Bay 24????+28.6%
1999
Denver 34 Atlanta 19?????.+21.0%
2000
St. Louis 23 Tennessee 16???..-9.1%
2001
Baltimore 34 NY Giants 7???.-11.9%
2002
New England 20 St. Louis 17??-22.1%
And
remember?bet with your head, not over it.
Wall
Street History will return January 30.
Brian
Trumbore
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