The stock market is close to a point where it could trigger a policy response from the White House and the Federal Reserve, according to Bank of America chief investment strategist Michael Hartnett. The market has largely held well this year despite rising oil prices and a potential war with Iran threatening global stability. Hartnott suggests that a drop in the large-cap index to 6,600, only about 1% from Thursday's close, could trigger "war/oil/Fed/temperd," a response to short-circuit Main St risks. He also suggests investors to abandon other trades such as oil over $100 a barrel, the U.S. dollar index above 100, and the 30-year Treasury yield above 5%.