12:50pm (EST)

We wanted to provide one last update for our Weekly Wrap as we have action to take on 2 trades.  We may add new positions this week, depending on what happens or doesn’t happen with the Fiscal Cliff, so stay on the lookout for new trades if we see something we like.  The Head Zombie will be speaking at 1:30pm (EST) and the market is expecting a deal.

As we head to press, the Dow is now up 88 points to 13,026 while the S&P is higher by 13 points to 1,415.  The Nasdaq is surging 35 points to 2,996.

Subscribers, check the Weekly Wrap Premium Section for the updates and if you don’t hear from us by 4pm (EST), have a sweet New Year and we will see everyone Wednesday morning!