If you showed all the code, you are running into an endless loop. Whenever a paket is coming in which has not a length greater then 54 bytes, you end up reading the same packet all the time.
Additionally, socket.recv() returns a string/byte sequence; your approach of accessing the data is wrong. pkt[0] returns a string with length 1; pkt[0][x:y] will not return something useful.
I am not familiar with using sockets, but with some changes I got output that might look similar to what you intended (there is something missing in processEth() I think...).
[...]
while len(pkt) > 0:
print "Waiting.."
pkt = sock.recv(2048)
print "received"
if(len(pkt)) > 54:
ethHeader = pkt[0:14]
ipHeader = pkt[14:34]
tcpHeader = pkt[34:38]
ethH = struct.unpack("!6s6s2s",ethHeader)
ethdata = processEth(ethH)
ipH = struct.unpack("!12s4s4s",ipHeader)
ipdata = processIP(ipH)
tcpH = struct.unpack("!HH16", tcpHeader)
tcpdata = processTCP(tcpH)
print "S.mac "+ethdata[0]+" D.mac "+ethdata[1]+" from: "+ipdata[0]+":"+tcpdata[0]+" to: "+ipdata[1]+":"+tcpdata[1]
#time.sleep(1);
else:
continue