Whether we look back on 2015 with fond memories, bitter memories or a combination of the two, it's time to look forward to 2016.
As Alexander Graham Bell once said: "When one door closes, another opens -- but we often look so long and so regretfully upon the closed door that we do not see the one which has opened for us."
So, without further ado, here are a few things I'll be thinking about this weekend as my thoughts turn to 2016's first trading week:
- I wonder how the market's major indices would have performed without a select group of mega-cap stocks -- i.e., the FANGs -- that had a great year despite all of 2015's turmoil. I also wonder how 2016 will treat the FANGs. (Spoiler alert: My answer is contained in my 2016 predictions, which will be out later this week.)
- Apple (AAPL) ended 2015's last trading day on a negative note, just as it did on the 2014's last session (down 2% on Dec. 31, 2014). But will it make new all-time highs soon after releasing its fiscal-first-quarter results in a few weeks, as happened last year? I'm not sure. It's very hard for lightning to strike twice.
- Will investors have one less obstacle to deal with (and will global stock indices fare better) without the ghostly specter of the Federal Reserve threatening to raise rates for the first time in years? As far as I'm concerned, global markets should have a better year in 2016 than in 2015, as the Fed won't be hanging over them like the Grim Reaper.
- Will the Chinese be able to engineer an economic revival this year through their own unique brand of economic stimulus? You know, liquidity injections and easy-money policies on one hand, coupled with threats to arrest short sellers and anyone at state-owned investment firms who refuses to buy stocks! Seriously, though -- I do think the Chinese will manage to engineer an economic revival of sorts, although their GDP growth will only slightly exceed 2015 levels.
- Without question, one of my most important thoughts over the weekend will be of everyone that I write with here on the site. They've helped me tremendously to become a better investor/trader -- and most importantly, a better human being. My thanks to Doug "Professor" Kass, JJC, Rev, "C" and all of the other people I've had the privilege of reading and exchanging thoughts with in the more than 15 years I've been writing here. Each and every one of you has helped me get better at this imperfect art we call "investing."
- TheStreet's fantastic editors and management team (especially CEO Elisabeth DeMarse) will also be on my mind this weekend. Without brilliant editors polishing up my articles -- dotting every "I" and crossing every "T" for me -- my job would be a million times harder.
- Finally, each and every one of my readers will be in my thoughts this weekend. Let's all make 2016 the best year ever. I thank each and every one of you for being you. I wish a safe and very happy 2016 to each and every one of you and your loved ones. May all your trades always be in your favor in 2016 and beyond!