All this talk about a “Trump rally” … absolutely ridiculous! Elliott waves predicted this rally over two years ago—even longer, in fact. So, what are the financial pundits talking about? They talk about every tweet from “The Donald” as fodder for a major market move.
Knowing that the market is traded around the world, to think that the entire world buys and sells based upon what happens in Washington DC is really extraordinary. Wall Street hubris knows no bounds. Next, they’ll think that we’re in control of Earth’s climate!? (oh, yeah, I forgot … they’ve already tried that …) [continue reading…]