video transcript

The Santa Claus rally hits the class markets let's further as the filmy continued to DC over 600 million dollars in tax -- And spending cuts and on any -- when Wall Street gets back to work on Wednesday fresh from the holiday. Expect high volatility and low volume had -- on vacation if you're speaking I'm more progress in the fiscal let's talk. You might want to think again. -- can't keep players aren't expected back until until Thursday when congress returns. Don't forget the F and 500 is up about 14% since January. You've been lucky enough to profit here are three strategies to protect your gains. Can look at defensive shares which are less tied the pace of economic growth and could outperform in the event that the US market goes over the fiscal -- Or he can look at EPS to allow different strategies including a weighted toward the S&P 500. So any downside there would translate to a site for you. Or didn't look at a different kind of options -- including risk reversal which allows you to limit both your downside in your -- So why you have less risk on the table he still -- skin in the game. The only major piece of data on Wednesday is the S&P Case Shiller Index diet part is expected home prices to sore right almost 4% year on year in October. That would be two and a half year high if you want deeper focus on the Las Vegas. This city has been bouncing back since the 2007 housing bust home prices were up 20% here on your last month. Adds more distressed properties were sold. And makes it all us on Twitter at Reuters Insider and catcher interviews with top market mover on Reuters TV. Wednesday will hear from our Reuters correspondent -- world. On what they expect will be the top stories or 2013. I'm putting mom this is raiders haven't made Christmas.