To gain an edge, this is what you need to know now.

The Wise Maxim

Please click here for a chart of Nasdaq 100 ETF ().

Note the following:

  • The age-old wise maxim is on display today – pay attention when the stock market gets what it wants but the stock rally still fails.
  • The stock market is controlled by the momo crowd.
  • The momo crowd wanted the inflation number this morning to not be above the consensus so that the Fed could have a fig leaf to continue printing money and politicians to recklessly borrow.