If you have nothing to do during the July 4 weekend, why not head on down to Roswell, New Mexico and check out the Roswell UFO Festival taking place July 5-8, 2007. Do you realize that this is the 60th anniversary of the famous Roswell UFO incident? Since I couldn't find any recent financial data for UFO Incorporated, Martian Limited, or Alien Corp., I decided to use the Roswell UFO Festival sponsors to build a UFO portfolio.
The Roswell UFO portfolio sponsors are as follows:
20th Century Fox Film Corporation, owned by News Corp. (NWS)
Cable One, a subsidiary of The Washington Post Company (WPO)
Cessna Aircraft Company, subsidiary of Textron (TXT)
Avis, part of Avis Budget Group, Inc. (CAR)
Wells Fargo Bank (WFC)
This portfolio can be tracked at Stockpickr.com.
So is there any correlation between major UFO sightings and the stock market? Check out the graph below.
Author owns MCD.
By Fred Fuld for Stockerblog.com.