I kind of have a different idea on the whole subject. It isn't complete, but I'll share with you guys a basic overview of the idea I’m still researching during my spare time. I agree that the displacement of water on the Earth does affect the rotation of the Earth. And, since the moon affects the Earth and vice versa, it’s needless to say that the moon affects the Earth’s movement through orbit around the Sun. However, I believe we need to acknowledge that there is even a stronger influence on the Earth’s rotation and that is the Sun and the forces acting upon the Sun, as well as the Sun’s reaction to these forces that are unknown…at least to me.
Anyways, the Sun affects the Earth’s core in various ways that cause the particles in the core to slow down or speed up. Depending on the type of acting force on the Earth, the core expands or contrasts.
What we currently know is that the Earth experiences hotter temperatures now than before and the ice caps are melting and have been melting since the Ice Age. From what I’ve come to understand, the cold water sinks to the bottom and begins to travel towards the equator as it’s pushed by fresh melted ice. And, as it reaches the equator the water begins to displace more weight upon the Earth’s surface at various different axis points. (BTW, I don't mean the Earth's mass is changed.) That force eventually pushes on the core and the core reacts by pushing outwards.
Also, that water acts on the tectonic plates and eventually cause the plates to spread apart. However, as the core pushes outwards, the magma also pushes towards the surface which in a matter of speaking binds the plates together as the magma cools. Of course the heat rises and affects our weather patterns. But even more so, this effect pushes tectonic plates into each other which causes earthquakes.
This effect also causes a pressure release on the core, thus slowing down the rotation of the Earth which affects its gravitational pull on the Moon. In this case, it is weakened, and The Moon is allowed to spin slower due to this release in pressure.
Also, this displacement in weight changed the direction of particle movement and particle sequence in the Earth’s core, and that eventually caused a shift in the axis. I also want to mention that the tides allow the Earth to regain an orbital balance around the Sun by shifting land mass.
So in conclusion, the Sun’s solar flares influence the Earth’s orbit and rotation. Now, whether the flares are the only reason for this occurrence or not is currently beyond my understanding.