The Fed makes a second emergency rate cut and the market just doesn't care. First, let's get this out of the way. The Fed didn't act. It reacted. The yield on 3-month Treasuries had been falling fast, and the Fed was trying to keep up.

The Fed can't help you. Elliott waves can. Get 3 Elliott Wave pros in your corner, helping you understand -- and anticipate -- the stock market's moves. Subscribe to the Financial Forecast Service when you click the link in the show notes or visit elliottwave.com/insight. https://bit.ly/2Qn2hGp