Here is what we know about active management:
As millions of people around the world prepare to watch Super Bowl XLVIII this Sunday, at least some are concerned more about how the outcome may affect their portfolios than the game itself.
According to the Super Bowl Indicator (SBI) theory, the winning team indicates the fate of the stock market for the rest of the year.
The theory holds that if a team from the former American Football League wins, the outlook for stocks is bearish. On the other hand, a win by an original National Football League team indicates that the market will go up that year. The SBI has been remarkably accurate, correctly predicting the annual direction of the stock market about 75% of the time… Continue reading