Can We Get Another 3%?

The S&P 500 thrust back above its 20-day moving average. But now... it's going to face resistance as it approaches its 50-day moving average. Instead of chasing tech, use this strategy.

Good morning:

Well, we have woken back up… for now. A three-day winning streak is one of the key things we’re always seeking to return to momentum and the return of FOMO.

But… our key problem is the market’s ability to defend the 5,400 level. And we’re just neutral at the moment as investors try to make sense of headlines.

One thing I find a bit confoundin…