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David Zanoni
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David Zanoni offers the Momentum Stocks at a Reasonable Price subscription service. He is ranked in the top 1% out of over 8,000 analysts, bloggers, and experts and has a success rate of over 70% according to Tipranks.com. David is a graduate of Rutgers University with a B.S. in Management. He... More
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  • Market is temporarily overbought
    According to the RSI and stochastic oscillators, the S&P is overbought.  I would expect a correction lasting a few days to a week.  Any hiccups during earnings season will surely fuel a little selling.  I would also expect the dollar to show some strength and commodities to sell off a little during this time.   Look to pick up some commodity stocks after the sell-off.
    Jan 11 9:55 PM | Link | Comment!
  • Pivotal Week?
    I'm curious to see how this week trades.  The jobs report Friday should especially provide the market's near-term direction. Last week's sell-off looked like all of the typical sell-offs since early March, but I wonder if that will change this week. 
    Sep 28 4:59 PM | Link | Comment!
  • S & P 500 key level
    With the market pulling back this week, the next key level to watch for is 979 on the S&P.  If we can remain above 979, that will be bullish.  If we go much lower than that 979, then 879 is the next key holding level.  If that 879 gets broken, then the bears will say I told you so.  The 979 is 5% below the peak of 1031 from Aug. 27, so the bulls will be looking good if that level is held.
    Sep 01 9:21 PM | Link | Comment!
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  • The July 2015 report is now available for subscribers of Momentum at a Reasonable Price. http://bit.ly/1NM6wlB
    Jul 6, 2015
  • I just purchased Disney $DIS on the dip today. I expect the stock to outperform going forward.
    Feb 27, 2015
  • My latest article about Mark Zuckerberg and Facebook $FB is here: http://bit.ly/1yGCJFu
    Jan 24, 2015
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