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2016 Predictions

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What is the point of making predictions?

Peter Drucker — 'Trying to predict the future is like trying to drive down a country road at night with no lights while looking out the back window.

Mr.  Drucker must have never heard of a Google driver-less car.  And what fun is driving into the New Year without your lights on?  You might not be able to see miles ahead, but when those road blocks come you can navigate around them.  So here we are... 2016 is coming... how are you driving your car into 2016?  A quiet country road with your lights off?  Or a busy 6 lane highway at 100 MPH?  Maybe you are trying to lose weight and your walking instead.  Walking gives you a chance to look around.

As the late Yogi Berra once said " You can observe a lot just by watching"

My 2015 Predictions

How did my 2015 predictions go?

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Tuesday Market Recap

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Stocks opened the day lower, rallied back to even,  and then collapsed into the close, ending the last day of the quarter sharply lower.

S&P500 Futures are now trading below Monday's open.

Today's late day action wasn't the only excitement.  Numerous trading vehicles had to be halted in the middle of the session, including the $VXX.  The $VXX halt was 5+ years in the making.

 

Was today's late day trading action an indication of what is to come?  Or was it a product of end of quarter window 'undressing?'  More on that and some potential moves coming for  $TLT, $SSYS, $TWTR, but first: here are tonight's scans:

Unusual Option Activity - 3-31-15

Stock Scans - Bullish / Bearish Crossovers

The market, despite what the VIX is saying,

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Thursday Recap 3/12/15

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You know the market is in rally mode when a washed up mining equipment, diesel and natural gas engine, industrial turbine and diesel-electric locomotives maker like $CAT finishes the day with an attractive gain.

Stocks posted a sharp rally and found it's footing after the pull back from record highs.  The US Dollar index took a break today after breaking into triple digits for the first time in 12+ years, something I thought would spark a rally in the market.

From last night's recap:

I'd prefer to remain calm and trade on.  But I do think there is a chance we could witness a December 2014 like price recovery.  I talked about this before the market opened in today's video.    Certainly something to keep in the back of your mind as the week closes tomorrow:

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Tuesdays Gone With the Wind

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Another Tuesday Trading Session in the books.  While the media likes to give an exact reason why the S&P500 and DJIA hit record highs,  I'm pretty sure stocks were going to head higher even if Yellen did not speak today.

Courtesy of CNBC.com:

Home Depot blasted to new lifetime highs today after reporting earnings that impressed investors.  They also announced an $18 billion share repurchase program.

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