There are many people who attempt to predict the direction of the U.S. Stock Market. One of the strangest is that of Leonard Koppett, who in 1978, developed a theory involving the Super Bowl. Koppett stated that a win by an AFC team would predict a Bear Market for the year. ( Bear Markets go down. ) Conversely, a win by an NFC team would predict a Bull Market for the year. Bull Markets go up.
On February 4, 2018, the NFC team, the Philadelphia Eagles, defeated the AFC team, the New England Patriots. The final score was 41-33. It was a win for the Eagles and a prediction for a Bull Market for 2018. Now, if you find this rather silly as I do, you should keep in mind that this strange predictor has a predictive accuracy greater than 80% !
So, if Koppett is right once again, the U.S. Stock indexes will be higher on the last trading day in December, 2018, than they were on the first trading day in January, 2018. Now the question is how much higher the markets will be in December than in January?
My devoted research assistant, Dr. Jonathan Swift, has expanded the Koppett Theory. Dr. Swift stated that a total of 74 points were scored in the Super Bowl. Since the Eagles scored 41 points, they scored 55% of the points. The Patriots scored 33 points and got 45% of the points. By subtracting 45% from 55%, Dr. Swift obtained 10%. Therefore Dr. Swift has concluded that the U.S. Stock Markets will close 10% higher in 2018.
R. Van Conoley ( Editor’s Note: While I devoutly believe that 2018 will be a good year for stocks, I strongly encourage my loyal readers not to bet your last Bit coin on this perspicacious prediction. )
( Editor’s Note 2: I strongly suggest that all readers read or reread the recently posted article on Cryptocurriencies and Bit Coin. )