Who would ever think that the Chicago Cubs baseball ball team would have anything to do with the stock market? However, when you look back at history, it really does appears to have signaled some major tops and bottoms in the stock market when the Cubs have made the playoffs. After all, isn’t a cub a baby bear?
Lets take a look at recent history in the stock market when the Chicago Cubs baseball team has made the Major League baseball playoffs.
Below are the years when the Chicago Cubs have made the playoffs and the stock market reaction:
2008 Chicago Cubs Stock market crash and bear market
2007 Chicago Cubs Stock market top in October
2003 Chicago Cubs Start of bull market from the top make in 2000
1989 Chicago Cubs Nothing notable, but the Chicago Bulls basketball team made playoffs
1984 Chicago Cubs Nothing notable
1938 Chicago Cubs Stock market finds low after the 1037 crash
1935 Chicago Cubs Nothing notable
1932 Chicago Cubs Stock market low from the 1929 top
1929 Chicago Cubs Stock market top and start of the Great Depression
1918 Chicago Cubs Nothing notable
1910 Chicago Cubs Stock markets end sharply negative
1908 Chicago Cubs Stocks rally all year long beginning in February
1907 Chicago Cubs Markets crash, run on the Knickerbocker Trust
1906 Chicago Cubs Nothing notable
It should be noted that not every year that the Chicago Cubs make the playoffs was a terrible year for stocks. There have been times when it has been an end to the bearish action and the start of a new bull run. Unfortunately, the stock market this year has been trading at new all time highs, so if the Chicago Cubs make the playoffs this year it could be bad for the markets going forward. While this may just be a coincidence, it is interesting to note none the less.
Nick Santiago
Chief Market Strategist
InTheMoneyStocks.com
