Quiet Action

This is what I expect to see during a holiday week. We have some pockets of strength, but overall, the start to the day has been quiet. There may be some opportunities in some subtle movers, but most of the traders I've talked to are doing very little today and keeping sizes quite small.

The quiet market has favored the bulls over the past two years. The big consumer confidence number doesn't surprise me too much, as spirits are generally higher during the holidays. Things are perceived to be better even if they are not. Perception is reality, so a bump in confidence after scoring some good retail deals and getting decorated for the holidays isn't a shocker. The number is "wasted" a bit today, as a report which surpasses expectations such as we saw today would often propel the market much higher....292 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

Read the full story and get access to the Real Money Pro trading floor.

There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.

Already a Subscriber? Please login.

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.