What The Bulls Didn’t Want To See Friday (But We Knew Was Coming)

Wall Street bulls had their hopes dashed Friday, when the jobs report came in at 242,000 jobs created, smashing pre-release estimates that ranged from 180,000 – 200,000. 

Not that this is surprising.

As has been the case since the Financial Crisis began, the bulk of the jobs were driven by minimum wages slots in healthcare, retail, and food services, which reinforce my contention that the “part-time-ification” of America continues. Worse, average hourly earnings dropped. That’s only the sixth time this has happened in the past 10 years.

And why would the bulls have their hopes dashed by such things when ostensibly more jobs are good news?

Because an improvement in the “data” is an excuse for the Team Yellen to put a rate hike back on the table at the upcoming March 16 meeting – never mind that China, Japan, and the ECB are all being sustained by hopes of still more stimulus and rates dropping!

Sadly, millions of investors are going to get caught by surprise when global traders decide to force the Fed’s hand. Looking for more stability, they’ll be blindsided by the volatility that will surely follow.

We, however, will continue to hunt for profits knowing full well that chaos always creates opportunity. 

The Unstoppable Trends we follow are gathering strength, and that means even more money will be flowing into the stocks we profile. That’s why, for example, we’ll be talking about exciting new technology, defense, and even energy stocks in the weeks ahead – each of which is poised for tremendous gains despite the volatility I see ahead.

Risk management, of course, remains critical, but we’ve got that covered, too. We’re going to be revisiting key Total Wealth Tactics like Trailing Stops, Position Sizing, and Profit Targets as a way of making sure you capture every dollar of profit you deserve even as you protect your money from further central banking follies.

As hard as it is to believe, this market loves the potential even if most investors can’t see it for what it really is like we do.