Stocks and News
Home | Week in Review Process | Terms of Use | About UsContact Us
   Articles Go Fund Me All-Species List Hot Spots Go Fund Me
Week in Review   |  Bar Chat    |  Hot Spots    |   Dr. Bortrum    |   Wall St. History
Stock and News: Hot Spots
  Search Our Archives: 
 

 

Week in Review Process

Week in Review | financial news, news review, foreign affairs and economic commentary

Week in Review

The day begins at 5:00 a.m., as Brian Trumbore reads some 15 papers online, as well as hard copies of two or three other journals, to glean all the financial news as well as geopolitical items from around the world to begin to build the week in review. Throughout the day, it’s a non-stop news review, in essence, as the financial news piles up.

At 4:00 p.m., it’s time to review many of the same online sources following the market’s close, and then around 7:30 p.m., its back to some of the other global sources, plus over 20 business and political journals that arrive weekly and monthly for more financial news and foreign affairs, all part of the week in review. Then the next morning it starts all over again, seven days a week.

Week in review is the only column of its kind that truly supplies one with all the geopolitical and financial news that both the average investor and follower of the world scene needs to compete in our information age.  Online Investor magazine rated StocksandNews.com No. 1 for economic commentary for 2000-2002 and we’ve only gotten better since.

Updated every Saturday, check out week in review, available only at StocksandNews.com. Edited by Brian Trumbore.

 

      
Web Epoch NJ Web Design  |  (c) Copyright 2016 StocksandNews.com, LLC.

Wall Street History

02/06/2017

The Super Bowl and the Market

Super Bowl 51 

[Our annual look at the topic]

Super Bowl Quiz:  What was the cost of the top ticket to the first three Super Bowls? Answer below. 

--- 

In the early 1960s, a scientist by the name of Norman Stingley, working for the Bettis Rubber Co. of Whittier, California, came up with a compound that he called Zectron.  Zectron’s main property was that it had about six times the bounce of ordinary rubber. 

The folks at Bettis saw no use for it so they gave the rights to Stingley who then took his product to Wham-O Company, the same folks who made a fortune on the Hula Hoop and the Frisbee. The Super Ball, as it was quickly labeled, was released in 1965 and over the course of the decade some 20 million were sold. And wouldn’t you know it, but the Super Ball ended up becoming the idea for the term “Super Bowl.” 

The first four contests between the NFL and the AFL were labeled the “World Championship Game,” but in the beginning the owners were sitting around trying to come up with a snappier name when the late Lamar Hunt, the guiding light of the American Football League and the owner of the AFL’s Kansas City Chiefs, remembered watching his daughter play with a high-bouncing Super Ball and ‘ball’ morphed into ‘bowl.’ Voila. Super Bowl! 

To be totally accurate, though, while Lamar Hunt first came up with the term, he sent a letter to NFL Commissioner Pete Rozelle, six months before the first event, wherein he wrote, “If possible, I believe we should ‘coin a phrase’ for the Championship Game. I have kiddingly called it the ‘Super Bowl,’ which obviously can be improved upon.’” It proved to be too late, however, when it came to the media which was already using the other term. [Source: “America’s Game,” by Michael MacCambridge] 

--- 

Following are the results and the 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 N.Y. 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 N.Y. 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 N.Y. Giants 7… -11.9% 

2002 New England 20 St. Louis 17… -22.1% 

2003 Tampa Bay 48 Oakland 21… +28.7% 

2004 New England 32 Carolina 29… +10.9% 

2005 New England 24 Philadelphia 21... +4.9% 

2006 Pittsburgh 21 Seattle 10… +15.8% 

2007 Indianapolis 29 Chicago 17… +5.5%

2008 New York Giants 17 New England 14… -37.0%

2009 Pittsburgh 27 Arizona 23… +26.5%

2010 New Orleans 31 Indianapolis 17… +15.1%

2011 Green Bay 31 Pittsburgh 25… +2.1% [technically, the S&P 500 finished down, 1257.64 to 1257.60, but was up on a total return basis.]

2012 New York Giants 21 New England 17…+16.0%

2013 Baltimore 34 San Francisco 31...+32.4%

2014 Seattle 43 Denver 8... +13.7%

2015 New England 28 Seattle 24...+1.4% [S&P 500 finished down, but, like 2011, was up on a total return basis.]

2016 Denver 24 Carolina 10...+12.0

2017 New England 34 Atlanta 28...???

*Return includes dividends. 

And now your “exclusive” conclusions from the editor. 

Playing off the popular “over / under” bets that many find so compelling, check this out. 

In each of the 10 years that the S&P 500 finished down, the loser of the Super Bowl scored fewer than 20 points (17 or less, specifically), while in each of the 14 years in which the loser scored more than 20 points, the market finished up (again, total return basis). 

*Now we have a 15th year where the loser scored over 20.  Hmmm.

So, this is where investors should be focusing. Loser over 20, market is guaranteed to rise. Loser under 20, odds are 28% the market will finish lower (10 down years in the 36 in which the loser scored less than 20), or obviously a 72% chance it rises. 

Of course this is all ridiculous, but it’s the one time each year I have the opportunity to be so.

And a reminder…bet with your head, not over it. 

Sources: 

Ibbotson Associates 
“Toys!” Don Wulffson 

Quiz Answer

The top ticket price for the first three Super Bowls was $12. [For the next three it went to just $15.] Today that same stub will set you back $500-$2,600 (face value...far higher with some ticket brokers).  Thru Jan. 31, 2017, the average price on TicketCity for SB 51 was $3,009, according to USA TODAY Sports. 

And this tidbit, courtesy of the Bureau of Labor Statistics.

Back in 1967, the average cost of a 30-second ad was $40,000. For 2017, it is $5.0 million during the game.

Wall Street History returns in two weeks.

Brian Trumbore