The result from the vote in Crimea was to rejoin Russia. There was no major violence breakout in Ukraine and the US & EU sanction is not a backbreaker to Putin. Therefore, the market re-positions itself back to where it was prior to this Crimea uncertainty. The market still cannot find a reason to sell off other than headlines that cause these minor couple percentage dips.
Until the market has topped, this is probably will be the norm for a bit longer to frustrate those waiting for a 10-15% correction.
In this video, a look at the market price actions and a brief review of these stocks: AAPL, AMZN, FB, TSLA, TWTR, GLD, GDX, and GDXJ.
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Disclosure: Long AAPL, long DIA CALL options.
