Stock market pros roll their eyes at the so-called Super Bowl Indicator—and no wonder. Popularized back when it was almost foolproof, the assumption of whether the big game’s winning team came from the original NFC or the AFC was supposed to suggest which direction stocks were headed for the coming year. (NFC is up, AFC is down.) It’s been correct 77% of the time overall, but has been wrong for the past three years. Considering...

Source: Wall Street Journal February 01, 2019 18:32 UTC