When the Federal Open Market Committee meets September 17, it will likely announce the first interest rate reduction since July 2019. At the same time, the Fed will almost certainly signal its intention to cut rates several more times over the coming months. That activity would be great news for the stock market, if the Rate Cycle Indicator holds true to form.

With the launch of ChatGPT, OpenAI kickstarted an AI frenzy that has since reshaped the global economy, the stock market, even parts of our daily lives. Now it appears that the firm is gearing up to do it all over again with a brand-new iteration. 

September’s a wash, right? Time to sell and come back in October? Nope. It’s time to buck the consensus and buy stocks in September. A unique event set to take place could make this month the best time of the year for investors.

The September Fed meeting will likely mark the first interest rate cut in this economic cycle. And investors will be closely watching its size – a single 25 basis point cut versus a “jumbo” 50 basis point one or more – and use it to forecast the trajectory of future cuts. It’s hard to overstate the impact this tiny difference will have.

Unless you’ve been hiding under a rock for the last two years, or been tending sheep in the Alps, you would know that Nvidia Corp. (NVDA) has become much more than just a “chip company.” But Nvidia’s influence extends far beyond the chip sector, and even beyond the broad technology sector...