Cowboys Cut Terrell Owens

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The Dallas Cowboys have cut wide receiver Terrell Owens. I mention this because I believe I’m the first person to document TO-related events to the stock market:

December 7, 1973: Owens born in Alabama. Dow rises 3% to 838.05.
October 14, 2002: Sharpie Incident. Dow rises 27 points to 7,877.40.
November 15, 2004: Desperate Housewives Incident. Dow rises 11 to 10,550.24.
September 27, 2006: Owens denies suicide attempt. Dow rises 20 points to 34 points shy of an all-time high.

I’m guessing being cut is a bullish event but I’m honestly not sure.

Posted by on March 5th, 2009 at 7:57 am


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