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The "Chicago Cubs No Hitter" Indicator Spells Doom For The Market

Tyler Durden's picture




 

Following Milt Pappas' September 1972 'no hitter', The Dow dropped over 40%.

 

Carlos Zambrano's 'no hitter' in 2008 came during the Lehman bankruptcy weekend and was followed by a 30% plunge in the S&P in the next three weeks, as well as a 6000-point-plus total collapse in the Dow.

 

So, when we saw Jake Arrieta's 'no hitter' this weekend, we can only imagine what doom it implies for US stocks.

*  *  *

And if that is not worrying enough, as Spencer Jakab reminds us, the last time The Cubs won the National League Pennant was in 1945, two cities were destroyed by atom bombs.

* * *

P.S. this ridiculous post is dedicated to those who enjoy pitching goalseeked "charts" that justify their market predictions, but prefer to ignore anything that detracts from their narrative, as idiotic as it may be.

 

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Mon, 08/31/2015 - 12:50 | 6490682 cougar_w
cougar_w's picture

Head for the hills!

Mon, 08/31/2015 - 12:54 | 6490703 mtl4
mtl4's picture

Who knows what might happen after a no hitter like that, maybe Chicago might go penniless.......oh, wait.

Mon, 08/31/2015 - 12:57 | 6490715 Creepy A. Cracker
Creepy A. Cracker's picture

That's it.  I'm out...

The moon was a bit blue last night as well.

Mon, 08/31/2015 - 13:12 | 6490756 JRobby
JRobby's picture

It is as good an indicator as any other in a totally "managed" market.

Mon, 08/31/2015 - 14:05 | 6490963 tenpanhandle
tenpanhandle's picture

I heard he got paid a bonus but it was an IOU.

Mon, 08/31/2015 - 17:59 | 6492233 Save_America1st
Save_America1st's picture

this theory is as plausible as anything else in this fucked up world.

So just stick to your stackin' plans, bitchez.  Anything and everything can happen.  But at least if you hold phyzz...then you own phyzz.  Everything else is just paper.

***Stack guns, ammo, food, water, hunting/fishing/camping supplies, clothes, real books, and everything else important to you as well. 

Mon, 08/31/2015 - 16:15 | 6491786 RazorForex
RazorForex's picture

The market has always been managed. There has never been a "free" market anywhere in the world.

Mon, 08/31/2015 - 13:15 | 6490761 Theosebes Goodfellow
Theosebes Goodfellow's picture

It's the fuckin' Dodgers' fault.

Duck the Fodgers.

(Spoken like a true SF Giants fan!)

Mon, 08/31/2015 - 14:16 | 6491014 oddjob
oddjob's picture

Dodgers fans, they are the guys that beat opposing fans into comas in the parking lot after the game, nice bunch.

Mon, 08/31/2015 - 15:29 | 6491506 asteroids
asteroids's picture

Just because you can't see the linkages between the Cubs and Wall street, it doesn't mean they aren't there. Maybe the FED is a Cubs hater? More study at great expense needs to be done. Where do I sign up?

Mon, 08/31/2015 - 18:28 | 6492344 Theosebes Goodfellow
Theosebes Goodfellow's picture

I'm with ya', asteroids! As an independent neutral third party San Fran observer I'll detemine impartiality.

Mon, 08/31/2015 - 16:17 | 6491800 trulz4lulz
trulz4lulz's picture

It was bright orange in Indiana.......really pretty honestly.

Mon, 08/31/2015 - 13:08 | 6490747 booboo
booboo's picture

See, my beloved cubbies do amount to something.

Wrigley Field is at 1060 West Addison so I'm gonna go out on a limb here and call the apex of market turmoil on 10/6

Mon, 08/31/2015 - 12:58 | 6490691 cowdiddly
cowdiddly's picture

Shoulda been nice to the goat.

http://mindoversports.com/2012/05/05/chicago-cubs-the-billy-goat-curse-a...

Chitcago's No Hitter got elected.

Mon, 08/31/2015 - 12:52 | 6490698 bracemaker
bracemaker's picture

yeah, last 2 time i ate chinese food i shit my pants.

something about past performance and all.

 

Mon, 08/31/2015 - 12:54 | 6490706 Utah_Get_Me_2
Utah_Get_Me_2's picture

That MSG fucks you up.

Mon, 08/31/2015 - 12:53 | 6490701 RopeADope
RopeADope's picture

The problem with comparing the past and present is the present currently awards trophies for participation.

Everyone agrees Arrieta did not pitch a no-hitter, he was just given credit for one so he would feel better about himself.

Mon, 08/31/2015 - 12:56 | 6490704 RawPawg
RawPawg's picture

When this is all done(the Crash)...we can attend B'Ball games for 5 cents admission(just like the good ole days).

The Bartman Effect.

Mon, 08/31/2015 - 12:55 | 6490707 ParkAveFlasher
ParkAveFlasher's picture

Awesome correlation, thanks Tyler. 

Mon, 08/31/2015 - 13:52 | 6490917 wakablahh
wakablahh's picture

..except 2 data points do not define a correlation.. funny article nonetheless

Mon, 08/31/2015 - 12:58 | 6490719 Hulk
Hulk's picture

LMAO !!! 

Mon, 08/31/2015 - 13:01 | 6490725 Bunghole
Bunghole's picture

I wish I knew this before the 401k "professional" with a Sports Science degree from Ohio University came into our office this morning to remind the muppets to BTFATH and keep pumping money into their accounts.

That would have been a good ice breaker.

Mon, 08/31/2015 - 13:01 | 6490726 Two Theives and...
Two Theives and a Liar's picture

More accurate than Gartman I bet!

 

Mon, 08/31/2015 - 14:03 | 6490955 tenpanhandle
tenpanhandle's picture

Gartman may not be accurate but he is consistant... BTOOG (Buy The Opposite of Gartmen).

Mon, 08/31/2015 - 14:55 | 6491279 Shleprock
Shleprock's picture

Guaranteed 3 pm selloff!!!

Mon, 08/31/2015 - 13:03 | 6490736 Dr. Engali
Dr. Engali's picture

We have markets?

Mon, 08/31/2015 - 13:06 | 6490740 Sturm und Drang
Sturm und Drang's picture

Why is it I think of the Cubs whenever I see a CO flag?

Mon, 08/31/2015 - 13:11 | 6490750 Hal n back
Hal n back's picture

it was fixed to take chicagos mind off the  financial situation of chicago and Illinois.

 

Seriously, I know that October 26 is the day the economy and markets implode. Thats the  day the Cubs win the pennant and the world series is called off.

 

actually the 25th is a sunday and last day of the national league playoff, I used monday the 26th because its convienent.

 

Mon, 08/31/2015 - 13:10 | 6490753 Greater Fool
Greater Fool's picture

This kind of analysis and insight is worth every penny I pay for this site.

Mon, 08/31/2015 - 13:11 | 6490754 Spungo
Spungo's picture

It would be awesome if this really was the indicator of collapse. Forget fundamentals, forget trend, forget central planning. It all comes down to a game that is only fun when drinking.

Mon, 08/31/2015 - 13:14 | 6490755 LoneStarHog
LoneStarHog's picture

Oh for the Cub's days of Jack Brickhouse and Hamms Beer commercials while fans dreamed of a World Series spot.

Mon, 08/31/2015 - 13:15 | 6490760 Hal n back
Hal n back's picture

there are a lot of folks rooting for the Cubs to go deep in the playoffs if for no other reason to see how they implode-perhaps the economy and markets and Cubs implode the same day?

 

That would be an interesting pool to be in.

Mon, 08/31/2015 - 13:15 | 6490762 lasvegaspersona
lasvegaspersona's picture

Any Cub win is an 'end of days' indicator. A no hitter is probably an asteroid headed our way this time.

No true Cub fan 'dreams of a World Series spot". We are happy with a 500 season and even next to last is seen as a good omen for the eternally hopeful 'next year'. 

Mon, 08/31/2015 - 13:44 | 6490877 LoneStarHog
LoneStarHog's picture

You have a real reading comprehension problem, don't you?...Do you even know the references made in my post?...Sheesh!

Mon, 08/31/2015 - 13:17 | 6490769 Mike Honcho
Mike Honcho's picture

Their farm club is a couple miles away, hope there is no butterfly effect.

Mon, 08/31/2015 - 13:17 | 6490772 lasvegaspersona
lasvegaspersona's picture

Banks, Santo, and Jenkins....when they return to the line up I'll have 'Cub Hope' again.

Mon, 08/31/2015 - 16:34 | 6491899 booboo
booboo's picture

Don't forget Don Kessinger

Mon, 08/31/2015 - 16:42 | 6491940 Implied Violins
Implied Violins's picture

...or Ernie Broglio!

Mon, 08/31/2015 - 13:18 | 6490775 DontFollowMyAdv...
DontFollowMyAdviceImaDummy's picture

one thing is for certain, this gives the manipulation monkees one more idea to toy with in the casino.

Mon, 08/31/2015 - 13:20 | 6490782 Sanity Bear
Sanity Bear's picture

If the Cubs win the World Series that will be the signal to go underground and not come out until the geiger counter readings are back to normal.

Mon, 08/31/2015 - 13:40 | 6490868 Grinder74
Grinder74's picture

Back to the Future II

Mon, 08/31/2015 - 13:21 | 6490785 Mr. Bones
Mr. Bones's picture

As far as I am aware, they still haven't let the Billy goat back in to the park.   In keeping with the superstitious nature of this article, we're safe from a north side world series win.

Mon, 08/31/2015 - 13:28 | 6490812 Clowns on Acid
Clowns on Acid's picture

Tyler,

You left out 1987 market crash when Janet Yellen was in Chicago and was pitched a no hitter by her husband George Akerof, although he did manage to hit her in the ass with a 50 pointer when he returned to their room in a drunken state.

Mon, 08/31/2015 - 13:32 | 6490831 SSRI Junkie
SSRI Junkie's picture

we need to ban no-hitters

Mon, 08/31/2015 - 13:39 | 6490860 Grinder74
Grinder74's picture

How dare those pitchers be so niggardly!!!

Mon, 08/31/2015 - 13:33 | 6490836 NoWayJose
NoWayJose's picture

Betting that the Cubs will win the World Series, is like betting that central banks will actually let markets fall, or betting that HFTs will lose money at least one day a year, or betting that the FBI will actually prosecute Hillary for deleting emails.

Mon, 08/31/2015 - 13:38 | 6490857 Grinder74
Grinder74's picture

And if that is not worrying enough, as Spencer Jakab reminds us, the last time The Cubs won the National League Pennant was in 1945, two cities were destroyed by atom bombs.

Oops, did I do that? - Adam Bahm

Mon, 08/31/2015 - 13:42 | 6490874 youngman
youngman's picture

I bet the powers that be in China are all over this .....they play baseball right....I am sure they are looking for some correlation..

Mon, 08/31/2015 - 13:45 | 6490885 22winmag
22winmag's picture

Play ball!

Mon, 08/31/2015 - 14:19 | 6491039 Tyrone Shoelaces
Tyrone Shoelaces's picture

Wow, we will really be in the shits if they win the series!!

Mon, 08/31/2015 - 14:27 | 6491101 f16hoser
f16hoser's picture

Quick, somebody sacrafice a Lamb...

Tue, 09/01/2015 - 01:23 | 6493963 collon88
collon88's picture

Synchronous events are considered to be related by significance, not by causation.  While this distinction seems to be lost on many, including the author of the p.s. comment, the no-hitter may be the last signpost on the road to the collapse of financial markets, a sign to the wise as it were.

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