Seeking Alpha

David Zanoni's  Instablog

David Zanoni
Send Message
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 David is a graduate of Rutgers University with a B.S. in Management. He... More
My blog:
Momentum Stocks at a Reasonable Price
View David Zanoni's Instablogs on:
  • S&P below 50 day moving average
    I'm interested to see what happens next in the overall markets, since the Dow, S&P and Nasdaq fell below their 50 day moving averages. They fell significantly below their 50 day moving averages in July and again in October before going higher each time.  So, it should be interesting to see if we continue to go lower or make a climb higher.  I'm leaning toward the markets going lower this time, but I will see what happens this coming week before jumping on a new directional position.
    Jan 23 12:56 PM | Link | Comment!
  • 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!
Full index of posts »
Latest Followers


  • Correction to my previous stocktalk: Dow was up 1.1%, S&P 500 up 0.9%, and Nasdaq up 2.6% for the week.
    3 days ago
  • It was a wild week, but the Dow was up 7.4%, the S&P 500 was up 6.4%, & the Nasdaq increased 11% for the week.
    3 days ago
  • The highly anticipated correction is here at least for the Dow average - now down 10% from the highs. Buying opportunities are being created
    Aug 21, 2015
More »

Latest Comments

Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.