Should care, but doesn’t.

Today’s pre-market action indicates an early pull-back from yesterday’s tech rally, which is not entirely unexpected. However, the prevailing theme was revealed in yesterday’s trade. Higher oil? Doesn’t matter. War with Iran? Doesn’t matter. Mixed messaging from the White House? Doesn’t register, at all. The market simply doesn’t care. Should care, but doesn’t. It seems very likely that major players all around will continue whistling past a graveyard of very noticeable headwinds, at least for a while longer.

It follows, then, that dips are to be bought. There’s no need to get fancy with it. Names we all know will do the job. Covered call writing on the rallies, though, may prove a prudent hedge against early morning whiplash like we’re seeing today.