The Nasdaq’s drop today ranks as the sixth-worst in six years. QQQ got slammed 4.8% on just one hotter-than-expected jobs report, bringing rate-hike expectations back into the picture, and chip stocks took a hit too. Put simply, the market isn’t afraid of a strong economy—it’s afraid the economy is so strong that the Fed won’t dare ease up. My simple, amateur approach is this: when prices drop hard, it’s actually a chance to slowly pick up bargains. Just don’t chase highs. I’ll review things and check the numbers over the weekend.