Whoever believes Finance is boring should know that there are very interesting things in the world of finance like the Angelina Jolie stock index, Jennifer Lopez, Leading lipstick indicator, Sports Illustrated swimsuit issue indicator and even a Paris Hilton stock index.
So what are these? These are supposed to be some indicators for predicting the direction of the stock market or for taking a view on the stock market.
So the Angelina Jolie index is an index made up of a selection of stocks from companies associated with actress Angela Jolie. Seen as one of the world's most influential celebrities, some analysts believe that companies connected with Jolie will outperform their competition.
Jennifer Lopez: A slang technical analysis term referring to a rounding bottom in a stock's price pattern.Traders like the rounding bottom in a stock pattern because it can be an indication of a positive market reversal, meaning expectations are gradually shifting from bearish to bullish.For those unaware, Ms. Lopez is often criticized (or praised) for her round bottom.
Sports Illustrated swmisuit issue indicator: An indicator based on the nationality of the model on the cover of the Sports Illustrated swimsuit addition that attempts to provide insight on the stock market return for that year. The indicator suggests that when the cover model is from the U.S. the S&P 500 will generate a return above its historical rate while a non-American cover model leads to under performance by the S&P 500 for the year.
But the most interesting indicator for a non-Harvard based MBA student is the Harvard MBA indicator. A long-term stock market indicator that evaluates the percentage of Harvard Business School graduates that accept "market sensitive" jobs in fields such as investment banking, securities sales & trading, private equity, venture capital and leveraged buyouts. If more than 30% of a year's graduating class take jobs in these areas, the Harvard MBA Indicator creates a sell signal for stocks. Conversely, if less than 10% of graduates take jobs in this sector, it represents a long-term buy signal for stocks.