The Patriots have another market watcher in their corner: Michael Bapis, managing director of Vios Advisors at Rockefeller Capital.
“I think you have to go with the Pats for a couple different reasons,” he said on the segment. “The gods are just on their side so we’re hoping those same gods will shine on the S&P 500 for the year. But also, in the Brady and Belichick era, in their wins, the market is up an average of 3.5 percent and in their losses, it’s over 8.5 percent down.”
Patriots quarterback Tom Brady has been with the team since 2000 and has led it to five Super Bowl victories. Bill Belichick has been head coach over the same stretch.
But if you’re not a Pats fan, there’s something else that could happen on the field that may portend a solid market return this year, says Bapis.
“With the exception of last year, when the score goes over 46, the markets are up over 16 percent in that same year,” said Bapis. “We’re rooting I guess for the Pats, and we’re definitely rooting for the over.”
Aside from 2018, the last five times the Super Bowl scoreboard has totaled more than 46, the S&P 500 has risen by an average 12 percent.
Disclosure: Maley and Bapis agree this Super Bowl indicator is not a reliable investment thesis and does not constitute financial advice.