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NyGiants posts

Is a Giants' Super Bowl win good news for investors?

Posted Feb 4th 2008 9:30AM by Peter Cohan (RSS feed)
Filed under: Indices, Business of Sports, DJIA

As an imperfect New England Patriots fan, I stopped watching last night's Super Bowl at half time. After squirming as the New York Giants defense tore through the Patriot's front line and repeatedly sacked quarterback Tom Brady, I had a strong feeling that the Patriots would not win.

Nevertheless, the bad news for me and the many far more loyal Patriots fans, could be good news for investors. According to ITtoolbox, that's because of the Super Bowl Predictor (SBP) -- whenever an "original" NFL team wins the big game, in this case, the Giants -- the market rises. The SBP has been right on the direction of the DOW in 33 of 41 Super Bowls which is an 81% success rate.

Continue reading Is a Giants' Super Bowl win good news for investors?

Testosterone rears its ugly head on floor of NYSE

Posted Oct 12th 2007 10:40AM by Zac Bissonnette (RSS feed)
Filed under: Market Matters, Scandals

Stephan Mara, a NYSE floor broker whose family owns part of the New York Giants, was suspended for two weeks following an outburst of unbridled testosterone-fueled rage.

According (subscription required) to The Wall Street Journal, "His infraction: pinning another broker to a trading post for several seconds in December after the victim chided him after a Giants loss."

Classy. You have to wonder about the role that testosterone plays in business, and whether it has a negative influence. In his interesting book Testosterone Inc.: Tales of CEOs Gone Wild, Christopher Byron makes the case that Jack Welch, Dennis Kozlowski, Ronald Perelman and Al Dunlap weren't really bad people: Just victims of their own excessive testosterone.

Perhaps Mr. Mara could have plead temporary insanity and called in Byron as an expert witness. How else do you explain pinning someone to a trading post over a football score?