Consumer discretionary stocks were in modestly undervalued territory as recently as August and OctoberOver the last six weeks, though, they've absolutely exploded to the upsideThe chart below shows just how far they surgedAs of Nov12, the market segment was greater than 3-standard deviations above normal
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.