David Keller

David Keller


David is President and Chief Strategist at Sierra Alpha Research LLC, where he helps active investors make better decisions using behavioral finance and technical analysis. He is a former President of the CMT Association. Learn More 

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The Dreaded Hindenburg Omen Fires Again

The Hindenburg Omen is a macro technical indicator which was designed by reviewing the common characteristics of previous bull market tops. Dave breaks down the components of this indicator, reviews signals from the last 10 years, and discusses implications for the S&P 500 in Q4 2025....   READ MORE 

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Hand holding compass trying to figure out which way the S&P will go

Four Roads Diverge in the Market: Which Will the S&P 500 Take?

We outline four potential scenarios for the S&P 500 index through the end of November 2025, along with our probabilities for each of the scenarios. Which one do you feel is most likely to occur?...   READ MORE 

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Avoid This Common Investor Trap: The Charts Don’t Lie!

Avoid This Common Investor Trap: The Charts Don’t Lie!

Endowment bias can hurt your portfolio by keeping you tied to losing positions. David Keller shares how to manage risk, protect profits, and spot weakening charts using technical analysis and automated scans on StockCharts....   READ MORE 

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How High is Too High for Gold?

Gold has pushed above $4000 for the first time in history! We'll recap this historic rally for gold, analyze recent pullbacks during the uptrend phase, and share trend following tools we're using to anticipate a potential downside reversal in gold stocks....   READ MORE 

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Will These Three Promising Charts Hold Key Support?

We highlight three stocks that have experienced strong gains since August, but are now testing key support levels. Will support hold, or will the bull market be brought into question?...   READ MORE 

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Gold’s Massive 2025 Breakout: How Long Can It Last?

Gold’s Massive 2025 Breakout: How Long Can It Last?

Gold’s 2025 rally is outpacing stocks and showing remarkable momentum. Dave breaks down the charts, RSI signals, and trend-following tools revealing strength in gold, gold stocks, and ETFs like GLD, and GDX. In addition, Dave breaks down gold’s historic run toward $4,000 per ounce, using the Historical...   READ MORE 

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10 Must-See Charts for October 2025

10 Must-See Charts for October 2025

Join Grayson and Dave as they reveal their top 10 stock charts to watch this October....   READ MORE 

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Breadth Weakness Raises Red Flags in September

Moving average breadth indicators have not been confirming recent highs for the S&P 500, suggesting that investors should approach the current uptrend phase with caution....   READ MORE 

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Dave's September 2025 Stock Picks: 3 Charts That Worked… and 2 That Didn’t

Dave's September 2025 Stock Picks: 3 Charts That Worked… and 2 That Didn’t

Dave revisits five stocks from the September Top Ten Charts episode to see how they’ve evolved. He reviews NVDA, AXP, MSI, MRK, and the SIL, explaining which setups worked, which failed, and the lessons to carry forward. From short ideas that didn’t pan out to breakout patterns and...   READ MORE 

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Dow Theory Bearish, But Some Transports Are Thriving

Dow Theory Bearish, But Some Transports Are Thriving

Dow Theory has flashed a bearish non-confirmation signal. Dave breaks down the implications of this ominous pattern and analyzes some of the key transportation stocks that have caused this macro divergence....   READ MORE 

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Offense Still Crushing Defense

While technology stocks have stalled out over the last six weeks, other growth sectors have stepped into a leadership role. Here are the charts Dave uses regularly to track leadership themes, and identify when new sectors are improving in relative strength terms....   READ MORE 

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Decode Market Momentum with Moving Average Breadth

Decode Market Momentum with Moving Average Breadth

Learn how moving average breadth indicators reveal when a bull market is strong or running out of steam. Insights from Dave Keller, CMT....   READ MORE 

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RSI Overbought? Why That Could Signal Big Gains Ahead

RSI Overbought? Why That Could Signal Big Gains Ahead

Join Dave as he explains how traders often get into trouble by thinking of “overbought” stocks as being bearish setups. While an RSI over 70 can often lead to short-term pullbacks, Dave explains that they can also signal the strength of a long-term uptrend phase. He uses Motorola Solutions (MSI)...   READ MORE 

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Pullback or Pitfall? Let the 21-Day EMA Be Your Guide

Pullback or Pitfall? Let the 21-Day EMA Be Your Guide

Dave explains how the 21-day exponential moving average can help confirm trend phases, validate signals from other moving averages, and serve as an essential risk management tool for traders....   READ MORE 

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Mapping the Road Ahead: Four Scenarios for the Nasdaq 100

While August and September are traditionally a weak period for stocks, the Nasdaq 100 has continued to drive higher. We lay out four potential scenarios for the QQQ over the next six weeks, from the very bullish to the super bearish....   READ MORE 

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Two Volume Indicators Every Investor Should Know

Two Volume Indicators Every Investor Should Know

Dave explains why volume indicators, including the Accumulation/Distribution Line and Chaikin Money Flow, still matter in today’s markets. Using NVDA’s earnings, the S&P 500, WMT, and EAT as examples, he shows how volume trends can reveal accumulation or distribution beneath the surface, even when price...   READ MORE 

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Finding Emerging Strength During a Rotational Period

Finding Emerging Strength During a Rotational Period

Mega cap growth names like META and MSFT are pulling back. We use the StockCharts scan engine to identify three stocks that may be taking on a new leadership role....   READ MORE 

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New Stocks Breaking Out While Big Tech Falters!

New Stocks Breaking Out While Big Tech Falters!

Mega-cap growth stocks like META, MSFT, and AAPL are showing weakness, but breadth conditions remain strong as other areas of the market push higher. In this episode, David Keller, CMT explores leadership rotation in August 2025, highlighting failed breakouts, key breadth indicators, and how to use scans on StockCharts to...   READ MORE 

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Three Key Macro Charts I’m Watching on Vacation

Three Key Macro Charts I’m Watching on Vacation

Here are the key levels to watch in the S&P 500 as well as META, MSFT, and AAPL. As long as the index and stocks hold above key support levels, the uptrend in stocks is in good shape. ...   READ MORE 

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Up stocks, down stocks, sideways stocks.

The Good, the Bad, and the Sideways

As U.S. equity indexes hit new highs, not all stocks are keeping pace. Explore these three stocks that are at key technical junctures with charts that highlight trend shifts, risk levels, and actionable signals....   READ MORE 

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Top 10 Stock Charts for August 2025 You Need to Watch Now

Top 10 Stock Charts for August 2025 You Need to Watch Now

Join Dave as he shares ten actionable stock charts for August 2025 that he’s watching closely. From breakout setups to key reversals, David highlights tickers like Tesla, Meta, Caterpillar, Motorola, and Newmont Mining that show compelling technical patterns. He also walks through how to manage the full trading process...   READ MORE 

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3 Types of Breakouts To Upgrade Your Portfolio

3 Types of Breakouts To Upgrade Your Portfolio

Use this StockCharts scan to identify three categories of stocks and ETFs that are making new three-month highs....   READ MORE 

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Catch Big Moves Early With This Breakout Scan!

Catch Big Moves Early With This Breakout Scan!

Follow along as Dave shares the one stock scan he runs every week to uncover potential breakout candidates. He explains the three types of chart setups that frequently appear, each with their own trading implications, and walks through how he structures trades according to type. He also illustrates how to...   READ MORE 

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Is META Breaking Out or Breaking Down?

Is META Breaking Out or Breaking Down?

The chart of Meta Platforms, Inc. (META) has completed a roundtrip from the February high around $740 to the April low at $480 – and all the way back again. Over the last couple weeks, META has pulled back from its retest of all-time highs, leaving investors to wonder what may...   READ MORE 

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A Wild Ride For the History Books: 2025 Mid-Year Recap

A Wild Ride For the History Books: 2025 Mid-Year Recap

Markets don't usually hit record highs, then risk falling into bearish territory, and spring back to new highs within six months. But that's what happened in 2025. In this special mid-year recap, Grayson Roze sits down with David Keller, CMT, to show how disciplined routines, price-based...   READ MORE 

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Three Bearish Candle Patterns Every Investor Should Know

Three Bearish Candle Patterns Every Investor Should Know

KEY TAKEAWAYS * The shooting star pattern indicates a short-term rotation from accumulation to distribution. * The bearish engulfing pattern suggests sellers have taken control, suggesting further weakness. * The evening star pattern is a three-candle formation that illustrates an exhaustion of buying power. There is no denying that the broad markets remain...   READ MORE 

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From Hammer to Harami: Using StockCharts to Crack the Candlestick Code

From Hammer to Harami: Using StockCharts to Crack the Candlestick Code

Join Dave as he reviews three common candle patterns traders can use to identify potential turning points. From bullish engulfing patterns to evening star patterns, Dave gives insights on how to leverage these powerful candle signals to anticipate market shifts. He also shows combining candle patterns with conventional technical analysis...   READ MORE 

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What Happens Next for the S&P 500? Pick Your Path!

What Happens Next for the S&P 500? Pick Your Path!

The S&P continues to push higher, with the equity benchmark almost reaching 6300 this week for the first time in history. With so many potential macro headwinds still surrounding us, how can the market continue to reflect so much optimism? On the other hand, when will bulls wake...   READ MORE 

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How to Find Compelling Charts in Every Sector

How to Find Compelling Charts in Every Sector

Over a number of years working for a large money manager with a rich history of stock picking, I became more and more enamored with the benefits of scanning for constructive price charts regardless of the broad market conditions.  Earlier in my career, as I was first learning technical analysis,...   READ MORE 

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Breakout Watch: One Stock in Each Sector to Watch Now

Breakout Watch: One Stock in Each Sector to Watch Now

When sector performance shifts gears from one day to the next, it's best to be prepared with a handful of stocks from the each of the sectors. In this hands-on video, David Keller, CMT, highlights his criteria for picking the top stocks in 10 of the 11 S&...   READ MORE 

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Fibonacci Retracements: The Key to Identifying True Breakouts

Fibonacci Retracements: The Key to Identifying True Breakouts

If you've looked at enough charts over time, you start to recognize classic patterns that often appear. From head-and-shoulders tops to cup-and-handle patterns, they almost jump off the page when you bring up the chart. I would definitely include Fibonacci Retracements on that list, because before I ever...   READ MORE 

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How to Use Fibonacci Retracements to Spot Key Levels

How to Use Fibonacci Retracements to Spot Key Levels

Join Dave as he shares how he uses the power of Fibonacci retracements to anticipate potential turning points. He takes viewers through the process of determining what price levels to use to set up a Fibonacci framework, and, from there, explains what Fibonacci retracements are telling him about the charts...   READ MORE 

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Bearish Divergence Suggests Caution For S&P 500

Bearish Divergence Suggests Caution For S&P 500

With Friday's pullback after a relatively strong week, the S&P 500 chart appears to be flashing a rare but powerful signal that is quite common at major market tops. The signal in question is a bearish momentum divergence, formed by a pattern of higher highs in...   READ MORE 

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Is the S&P 500 Flashing a Bearish Divergence?

Is the S&P 500 Flashing a Bearish Divergence?

Unlock the power of divergence analysis! Join Dave as he breaks down what a bearish momentum divergence is and why it matters. Throughout this video, Dave illustrates how to confirm (or invalidate) the signal on the S&P500, Nasdaq100, equal‑weighted indexes, semiconductors, and even defensive names like AT&...   READ MORE 

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Three Charts Showing Proper Moving Average Alignment

Three Charts Showing Proper Moving Average Alignment

I'm a huge fan of using platforms like StockCharts to help make my investment process more efficient and more effective.  The StockCharts Scan Enginehelps me identify stocks that are demonstrating constructive technical configuration based on the shape and relationship of multiple moving averages. Today, I'll share...   READ MORE 

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How I Find Up-trending Stocks Every Week (Step-by-Step Scan Tutorial)

How I Find Up-trending Stocks Every Week (Step-by-Step Scan Tutorial)

In this video, Dave shares his weekly stock scan strategy used to identify bullish stock trends. He illustrates how to set up this powerful scan, reveals the tips and tricks he uses to identify the most constructive patterns, and explains the four winning chart setups that tend to come up...   READ MORE 

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Breakouts, Momentum & Moving Averages: 10 Must-See Stock Charts Right Now

Breakouts, Momentum & Moving Averages: 10 Must-See Stock Charts Right Now

Discover the top 10 stock charts to watch this month with Grayson Roze and David Keller, CMT. From breakout strategies to moving average setups, the duo walk through technical analysis techniques using relative strength, momentum, and trend-following indicators. In this video, viewers will also gain insight into key market trends...   READ MORE 

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Leadership Rotation Could Confirm Corrective Phase

Leadership Rotation Could Confirm Corrective Phase

There's no denying that the equity markets have taken on a decisively different look and feel in recent weeks. We've compared the charts of the S&P 500 and Nasdaq 100, as well as leading growth stocks like Nvidia, to an airplane experiencing a "...   READ MORE 

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What Happens When the S&P 500 Breaks Below Gap Support?

What Happens When the S&P 500 Breaks Below Gap Support?

My main question going into this weekend was, "Will the S&P 500 finish the week above its 200-day moving average?" And while the S&P 500 did indeed finish the week above this long-term trend barometer, our main equity benchmark is now within the gap...   READ MORE 

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Not All Price Gaps Are the Same! Here's How to Trade Them

Not All Price Gaps Are the Same! Here's How to Trade Them

Learn how to analyze stock price gaps with Dave! In this video, Dave discusses the different types of price gaps, why all price gaps are not the same, and how you can use the StockCharts platform to identify key levels and signals to follow on charts where price gaps occur....   READ MORE