Traders cheered as U.S. stocks traded higher on Tuesday, and the S&P 500 climbed back into positive territory for 2015.
Still, Tuesday's result "doesn't really tell us anything," moving into the new year, said David Spika, a global investment strategist at GuideStone Capital Management. Earnings in 2016 will be modest given a lack of clear catalyst, he said, speaking to CNBC's "Power Lunch."
"Economic growth is likely to continue to be relatively low," he said. "We are looking at next year as something we call the new goldilocks, so not too hot, not too cold, but at a lower level than we are used to."
The strategist suggests that investors make asset allocation decisions based on the long term, rather than planning for just next year.