blackred By Joe Duarte Stocks should have crashed on Friday after a blowout headline employment report, but they didn’t. That’s because hedge funds and other investing ‘pros’ missed the recent bottom in stocks. Now they seem to be playing catchup. Fear of the Fed After Friday’s big payroll number, stocks sank as the buzz was that the Federal Reserve will raise interest rates by 75 basis points at its September meeting. And they well might. Yet, stocks recovered from their lowest levels. Moreover, until something changes stocks remain in an uptrend amidst a bullishly rising wall of worry and unusual reports of heavy retail buying combined with hedge fund paralysis and aggressive corporate insider selling.