Here’s Why Stocks Ended Higher: Pros

Stocks rallied Tuesday as the market factors in a host of factors, the CNBC "Fast Money" pros said.

Investors are expecting the Federal Reserve to announce a fourth round of quantitative easing, Tim Seymour of EmergingMoney.com said. "I think the market has priced that in."

But lawmakers looking to avoid the "fiscal cliff" that would trigger tax hikes and spending cuts if a budget deal is not reached are also looking to the Fed to do its "heavy lifting," Seymour said.

"They cannot, and they should not," he said.

The Dow Jones Industrial Average rallied for a fifth straight day, and the Nasdaq closed at its highest level since Oct. 18. The S&P 500 also gained 0.65 percent to close at 1,427.84.

Seymour also noted that Germany was providing a tell – "exporters, they have been rallying."

"So much euphoria is priced in," said Karen Finerman of Metropolitan Capital Advisors.

Contact Fast Money

  • Showtimes

    Halftime Report - Weekdays 12p ET
    Fast Money - Weekdays 5p ET

Halftime Report

  • Bill Nygren, Oakmark Fund, explains why Apache, Bank of America and Google will be winners in 2015.

  • Nick Tiller, Sustainable America founder and chairman, tells CNBC's Kate Kelly oil prices are poised for a tradable rally. Tiller likes the Brent ETF and energy sector.

  • Discussing interesting trends contributing to the market's rally into year's end, with the FMHR trader Josh Brown and Dan Greenhaus, BTIG.