The market moved up Tuesday on light volume ahead of the New Year.
While there was really no good news, investors chose to look at the lifeline to
, the finance arm of
, as a sign that the government will do all that is necessary to turn this ailing economy around.
Consumer confidence hit an all-time low in December and housing prices sank sharply in October, but no one seemed to respond to this. Also, despite the unrest in Gaza, oil prices continued to fall as demand worries trumped the unrest.
The only major stock news involved
dipping as rumors of Steve Jobs' failing health had shareholders uneasy.
So what does Jim Cramer think of all this and where does it leave investors?
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