Markets face headwinds from many areas - Weaker growth in China and Europe. Weaker corporate spending. Raising core interest rates. Geopolitical instability in Middle East and Russia. Aging bull markets since 2009. There are some positive developments which can propel further momentum - Falling crude oil prices will boost GDP in oil importing nations. Improving labor markets in US and increasing growth (even though slow). Keeping this mind: (1) Low gasoline prices is likely boost spending by low end wage earners: XLP is the top pick which is very safe way to play low gasoline prices (2)Health Care will remain in focus in 2015. Small cap index is likely to be very volatile but the gains could be substantial given that health care related spending will increase exponentially in coming years. PSCH is a small cap ETF (3) Exposure to emerging markets is a must. India seems on upward growth ladder, thanks to a dynamic new government which is bringing economic reforms. World Ba