LIVE MARKETS-This isn't just any given Sunday, it's Super Bowl Sunday!

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THIS ISN'T JUST ANY GIVEN SUNDAY, IT'S SUPER BOWL SUNDAY!

Super Bowl LIX between the AFC's Kansas City Chiefs and the NFC's Philadelphia Eagles is this Sunday.

"Don’t ever invest based on who wins the Super Bowl. Or what color Taylor Swift will wear at the big game, or the coin toss, or how bad the refs will be (who are we kidding, we know they want the Chiefs to win). With that out of the way, it is Super Bowl season, and that means it is time to talk about the always popular Super Bowl Indicator!," writes Ryan Detrick, chief market strategist at Carson Group.

Of note, this fun indicator was originally discovered in 1978 by Leonard Kopett, a sportswriter for the New York Times. Up until that point, the indicator had been flawless.

The Super Bowl Indicator suggests stocks hit paydirt for the full year when the Super Bowl winner has come from the original National Football League (now the NFC), but when an original American Football League (now the AFC) team has won, stocks get thrown for a loss.

"Of course, this is totally random, but it turns out that when looking at the previous 58 Super Bowls, stocks do better when an NFC team wins the big game," says Detrick.

So, is it clear-cut that investors want the Eagles to ground the Chiefs and win? Maybe not, he says.

According to Detrick, stocks have gained over the full year 12 of the past 13 times when a team from the AFC won the championship, going back 21 years. In fact, the only time stocks declined was in 2015, when the full year ended down -0.7%, so virtually flat.

In any event, Detrick seems to be predicting an Eagles win, and he "can't believe the NFL would rig another game for the Chiefs with the whole country watching!"

His bottom line is "Have fun and here’s to moving President’s Day to the day after the Super Bowl, one thing we all can agree on!"

(Terence Gabriel)

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