However, someone forgot to tell that to the algorithms! You know, the ones that have much greater sway over what happens to our stock market wealth than corporate earnings, or even what the Fed does. This week is all about the market’s reaction, which is what occurs based on its interpretation. That is aided heavily by Wall Street analysts and macro pundits. In other words…One big assumption I’m making is that when the rate cut is announced, the stock market will do what it has conditioned itself to do: act ...

[Chart courtesy of MarketWatch.com][Chart courtesy of MarketWatch.com]Moving the marketThe major indexes tried to add to last week’s gains today, driven by upbeat headlines from the latest U.S.-China trade talks and traders bracing for the Fed’s big meeting on rates.Both the S&P 500 and Nasdaq even climbed to new record highs, powered by strong showings in the tech sector and hints from President Trump that discussions with China were “going well.”U.S. and Chinese officials wrapped up another round of talks ...