Monday Market Outlook: Calm Before the Storm?

Expect a slow start to trading this week due to the partial market closure, says Lichtenstein, but keep an eye on the charts just the same. High-energy trading is not unheard of on holidays. "Think back to the Dubai Debacle on the day before Thanksgiving two years ago," advises.

Barring an outlier, though, signs point to a quiet week. But fundamentals are still geared toward volatility: the current S&P trading range is quite old, Western economic performance continues to be weak, and the Euro crisis rages on.

Make it a safe and productive week - we'll see you back here next Monday.