Since Super Bowl I (1967) who is Wall Street's favorite team? The Pittsburgh Steelers. Steelers Championships have produced an average S&P 500 gain of 16.88 percent from Super Bowl Monday to December 31. Very impressive.
Since Super Bowl I (1967) who is Wall Streetâs favorite team? The Pittsburgh Steelers. Steelers Championships have produced an average S&P 500 gain of 16.88 percent from Super Bowl Monday to December 31. Very impressive.
 Unfortunately for investors, Giants and Patriots victories have generated not so impressive results. In the years the Giants won the Super Bowl, the S&P 500 lost an average of 6.6 percent and Patriots victories produced an average loss of 3.4 percent. As a lifelong Giants fan and professional investor, I find this quite troubling so Iâll leave you with one final statistic: NFC victories produced an average S&P 500 gain of 10.2 percent vs the AFCâs +3.1 percent. Go NFC!
Finally due to the wonderful workings of Senator Dodd and Congressman Frank I must say this article is for entertainment purposes only and is not a recommendation to buy or sell securities. Enjoy the game.
Daniel M. Patti, CFP
DMP Asset Management
84 South Main Street, Newtown                             January 30, 2012