1. The Super Bowl Indicator Theory suggests that the stock market will have a positive year if the National Football Conference team, or a team with an NFC origin, wins. If the American Football Conference team wins, the market will fall. According to the recent news (MarketWatch, 2/6/2017), it has accurately predicted the market's direction for the year following 40 of the 50 Super Bowls since the first super bowl in 1967. Why do we have such phenomena? Is the finding consistent with market efficiency? Please discuss.

2. WSJ published an article: "Individual-Investor Boom Reshapes U.S. Stock Market." This article states that Mom-and-pop investors have fallen back in love with stocks, lured by free trading apps, a resurgent bull market led by technology companies, and a pandemic that has left millions of Americans at home with little to do. New data show several ways in which the individual-trading boom has reshaped the U.S. stock market. This article discusses five interesting takeaways from analyses of retail investing activities.

Based on this article, please discuss the Robinhood effect and what factors you think have driven these trends? What is the role of electronic traders, and how do they make money? Are you one of the retail investors who invest in the stock market during the pandemic for the first time? Why or Why not?