All of a sudden, it became so clear.
While lugging a 60-pound pack up to a local mountain peak, I was struck by an epiphany. What the markets were trying to tell me suddenly made all the sense in the world.
Friday's shockingly weak August Nonfarm Payroll at 151,000 meant that the chance of an interest rate hike at the September 20 Federal Reserve Open Market Committee meeting just went to zero.
This means the tidal wave of buying awaiting Janet's decision moved forward two weeks to, like, NOW!
And while the coming gains in the major stock indexes may be muted, there is one sector that will benefit mightily.
That would be the FANG stocks, i.e., Facebook (FB), Amazon (AMZN), Netflix (NFLX), and Alphabet (GOOG).
When you are in a stock picker's market, you better start picking stocks, or you'll soon be washing windshields at the nearest intersection.
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