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David Zanoni
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David Zanoni is the owner of startbuildingit.com. He is a graduate of Rutgers University with a B.S. in Management. He is an independent long term investor of quality stocks and uses options for strategy. David believes in the power of innovation, capitalism, and the characteristics of the... More
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  • Market is temporarily overbought 0 comments
    Jan 11, 2010 9:55 PM
    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.
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