Need to Know: The powerful bullish signal that could set up 2017 for stock gains

From the looks of things on the first day of trading after Christmas, there may not be enough traders/desire/interest to get the Dow industrials to 20,000 by year end.

Though it has little to do with a long-term strategy, hitting that level wouldn’t be such a bad thing before we head into 2017. Simply, a box to check, let’s say.

Yet there may not be enough gumption no matter how close the target stands. “When the reality of no stimulus catches up with the perception of stimulus, plus the Fed tightening, that’s the train wreck. Either we’re going to have a recession or a stock market correction,” Jim Rickards, editor of financial newsletter Strategic Intelligence told CNBC in a post-Christmas interview.

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