More Negative Developments, But the Market Just Keeps Chugging Along

The market continues to ignore negative news (Middle East, Dock Strike). The chip stocks should tell us if this can continue going forward (or not).

• One of the most bullish items an investor can see is when a stock, group, or market…can rally in the face of negative news.  That is certainly the case today…as the market seems to be unfazed by the situation in the Middle East and the dockworkers’ strike.