The stock market doesn't like change. I can sympathize, as I don't really like change either.
Stocks are currently going through a transition from historically low interest rates to higher rates, because of the prospect of less Federal Reserve interference. Consequently, the stock market is shifting from buoyancy caused in part by attractive yield comparisons with government bonds to a period in which investors will have to rely on prospective growth.
(Read more: Rocky September is ahead, warns BlackRock strategist)