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Stocks Shrug Off Ukraine Tensions, Upcoming Fed Meeting

Stocks continue to grind higher as global worries are shrugged off. Keith Bliss of Cuttone & Co. notes that even European markets seemed unconcerned with Russia taking over Crimea. The volume continues to be very low, which helps to create large swings in the market. The Federal Reserve will meet this week but very little change in its quantitative easing policy is expected from new Chair Janet Yellen. Bliss also believes the longs in the market have no desire to change positions.