Investors are still aggressively dip buying, says Interactive Brokers' Steve Sosnick

• Market internals show an 'underlying bid' and 'FOMO' (fear of missing out) among investors.
• Despite oil price spikes and other commodity plunges, U.S. stock indices are down by less than 5%.
• Investors are 'aggressively dip buying', with examples like Micron (MU) and the Vanguard S&P 500 ETF (VOO).
• The 'Trump Put' concept is mentioned, suggesting investors expect market support, but current supply chain issues are harder to undo than past policy changes.

Steve Sosnick of Interactive Brokers discusses market internals, highlighting an 'underlying bid' and 'FOMO' among investors, leading to aggressive 'dip buying' despite geopolitical tensions and commodity price spikes. He notes that U.S. stock indices are down less than 5%, suggesting a lack of significant market reaction to events in the Gulf, which he considers the 'real story'.