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 

Latest News

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bank buildings with charts overlaid: 3 financial stocks showing strength

Three Financial Stocks Showing Strength as Banks Struggle

Bank stocks are struggling as Q3 earnings season begins, but opportunities remain elsewhere in Financials. Dave Keller, CMT, highlights bullish technical setups in Visa, Metlife, and Blackrock, focusing on breakouts, momentum, and relative strength....   READ MORE 

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Exhausted bull, defeated: bulls have serious market breadth problem

The Bulls Have a Serious Market Breadth Problem

Weak market breadth continues to undermine the bullish case for stocks. Dave Keller, CMT, reviews declining advance-decline lines, a failed Zweig Breadth Thrust, and weakening Nasdaq 100 participation to explain why the S&P 500 may struggle to sustain a rally....   READ MORE 

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Banks are STRUGGLING. These 4 Financial Charts Look BETTER.

Banks are STRUGGLING. These 4 Financial Charts Look BETTER.

As many major banks enter earnings season in questionable shape, Dave Keller examines key financial charts and what to watch as results come in....   READ MORE 

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Chart with bitcoins: uptrend stalls

Bitcoin's Uptrend Faces a Critical Test at $80K

Bitcoin's pullback from $87K raises questions about the sustainability of its uptrend. Dave Keller, CMT, examines key support levels, momentum signals, and his Market Trend Model to assess whether this is a temporary correction or the start of a larger decline....   READ MORE 

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3 bubbles with charts: 3 non-tech stocks showing bullish potential

Three Non-Tech Stocks Showing Bullish Potential

Technology remains the market's dominant sector, but compelling setups are emerging elsewhere. Dave Keller, CMT, highlights charts of Visa, Steel Dynamics, and Clorox to show how breakouts, support levels, and momentum divergences can reveal potential Q4 leaders beyond tech....   READ MORE 

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My Top 10 Charts to Watch in October 2026

My Top 10 Charts to Watch in October 2026

Dave Keller shares his Top 10 Charts to Watch for October 2026, featuring established uptrends, fresh breakouts, and a couple of potential reversal candidates....   READ MORE 

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three checks: good, OK, bad of mega cap growth stocks

The Good, the OK, and the Bad of Mega Cap Growth

Not all mega cap growth stocks are showing the same technical picture. Dave Keller, CMT, explains how bucketing charts into good, OK, and bad categories can focus your attention, using NVIDIA, Alphabet, and Broadcom to illustrate bullish, neutral, and bearish setups....   READ MORE 

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Person pointing to chart on screen: RSI signal

This RSI Signal Could Confirm the S&P 500's Next Big Move

The S&P 500 has gone nowhere since early August, and the RSI confirms the lack of directional momentum. Dave Keller, CMT, explains how RSI range rules can identify bullish, bearish, and sideways trends, and why a break of price and momentum support could signal trouble into Q4....   READ MORE 

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The Market's Most Important Growth Stocks: Dave's Dirty Dozen

The Market's Most Important Growth Stocks: Dave's Dirty Dozen

Dave Keller walks through the stock market leaders to help you identify which of them are in strong uptrends, sideways consolidations, and distribution phases....   READ MORE 

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Person studying charts with magnifying glass: S&P 500 may look strong

The S&P 500 May Look Strong, But the Market Beneath It Does Not

The S&P 500 is threatening new all-time highs, but market breadth tells a very different story. Dave Keller, CMT, reviews weakening advance-decline lines, deteriorating moving average breadth, and expanding new lows to explain why the market's underlying strength remains questionable....   READ MORE 

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3 Strong Charts From 3 Very Different Sectors

3 Strong Charts From 3 Very Different Sectors

How do you find strong stocks across all 11 S&P 500 sectors? Dave Keller, CMT, uses SCTR rankings and disciplined chart analysis to identify compelling setups, highlighting Robinhood, Nucor, and Meta as examples of technical patterns that reveal emerging opportunities....   READ MORE 

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Person looking at stock chart thinking: bearish divergence or bullish trend

Bearish Divergence or Bullish Trend? Here's What Matters

CrowdStrike keeps making new highs even as RSI trends lower, creating repeated bearish momentum divergences. Dave Keller, CMT, explains why a divergence is a warning rather than a sell signal, and why price confirmation remains essential before calling an end to the uptrend....   READ MORE 

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The BEST Chart in All 11 Sectors (September 2026)

The BEST Chart in All 11 Sectors (September 2026)

Dave Keller uses the StockCharts Technical Ranking to surface Meta, Dell, Robinhood and Moderna as tech swallows the leaderboard. Discover Daves picks for the best charts in every sector!...   READ MORE 

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chart pattern: bull flags are everywhere

Bull Flags Are Everywhere. But Are They Confirmed?

Bull flag patterns are appearing across individual stocks and the S&P 500, but the pattern means little without confirmation. Dave Keller, CMT, explains how trendlines, moving averages, and RSI can help confirm a bullish breakout or warn that the setup is failing....   READ MORE 

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8 Growth Stocks That Have Nothing to Do With AI

8 Growth Stocks That Have Nothing to Do With AI

With many AI-related stocks struggling in September, where can investors look for growth outside of the AI trade? Dave Keller analyzes which fundamental growth stories are actually supported by strong charts....   READ MORE 

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Bear standing on two back paws growing: Hindenburg Omen flashing bearish signals

Why the Hindenburg Omen Keeps Flashing in 2026

The Hindenburg Omen has been firing repeatedly in 2026, creating a rare cluster of potential market top signals. Dave Keller, CMT, reviews similar periods in market history and explains why a confirmed break of S&P 500 support could validate this bearish warning....   READ MORE 

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The Hindenburg Omen Keeps Firing in 2026. Should You Worry?

The Hindenburg Omen Keeps Firing in 2026. Should You Worry?

Dave Keller breaks down the three components behind the Hindenburg Omen, explains why he treats it more like a "tornado siren" than an outright sell signal, and looks back at previous signals to see what happened next....   READ MORE 

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Man analyzing charts on cellphone: QQQ building base or top

Is the QQQ Building a Base or Forming a Top?

The Nasdaq 100 has lost its leadership role as other areas of the market push higher. Dave Keller, CMT, outlines four possible QQQ scenarios into mid-October, from a return to all-time highs to a major risk-off decline, and identifies the signals that could confirm each path....   READ MORE 

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Bull holding up upward arrow: software stocks showing strength

Three Software Stocks Showing Renewed Strength

Technology remains stuck in a consolidation phase, but some individual stocks are showing renewed strength. Dave Keller, CMT, reviews Microsoft, CrowdStrike, and Tyler Technologies, highlighting the bullish technical setups and key warning signs investors should watch....   READ MORE 

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Two people analyzing charts on laptop: MACD or RSI

MACD vs. RSI: When Should You Use Each Indicator?

RSI and MACD serve very different purposes in technical analysis. Dave Keller, CMT, explains how RSI can provide an early warning of shifting momentum, while MACD can confirm a change in trend; he shows how combining the two can improve buy and sell decisions....   READ MORE 

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The Top 10 Charts to Watch in September 2026

The Top 10 Charts to Watch in September 2026

Dave Keller shares his Top 10 Charts to Watch for September 2026, looking for both established leadership and emerging opportunities across the market....   READ MORE 

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Weakening Market Breadth Could Signal Trouble Ahead

Weakening Market Breadth Could Signal Trouble Ahead

The S&P 500 remains in a primary uptrend, but weakening market breadth suggests cracks may be forming beneath the surface. Dave reviews three breadth indicators showing bull market fatigue and the key signals that could confirm a more meaningful breakdown....   READ MORE 

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MU, AVGO & META: These Levels Could Decide What's Next

MU, AVGO & META: These Levels Could Decide What's Next

Dave Keller breaks down the support and resistance that could separate short-term market noise from something more concerning....   READ MORE 

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Person lifting gold bar from a stack: gold is breaking out again

Gold is Breaking Out Again. Is a New Uptrend Beginning?

Gold and gold miners are showing renewed technical strength after months of weakness. Dave Keller, CMT, breaks down the emerging accumulation phase in GLD and GDX, then highlights the key breakout and resistance levels to watch for Agnico Eagle Mines....   READ MORE 

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Gold's Breakout Faces One Final Test

Gold's Breakout Faces One Final Test

Dave Keller explains why the recent breakout could mark the beginning of a new uptrend, as well as the one key level that still needs to be cleared before the move is fully confirmed....   READ MORE 

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Person looking through magnifying glass: looking beyond tech stocks

Looking Beyond Technology for Market Leadership

While AI continues to dominate headlines, leadership is expanding into Materials, Industrials, and Energy. Dave Keller, CMT, explains how sector rotation fits the market cycle and highlights three stocks showing strong relative strength that could lead the next phase of the bull market....   READ MORE 

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The Next Market Leaders? 10 Charts to Watch

The Next Market Leaders? 10 Charts to Watch

Where could the market’s next leaders come from? Dave Keller shares 10 charts that could help identify the strongest opportunities developing across growth stocks, recovery candidates, and fresh technical breakouts....   READ MORE 

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Person holding up three fingers: 3 breadth stock markindicators

Three Breadth Indicators That Could Decide the Next Market Move

The S&P 500 remains trapped in a trading range, but market breadth tells a more nuanced story. Dave Keller, CMT, reviews key breadth indicators to explain what's supporting the bull market, where warning signs remain, and what would confirm a more bullish outlook....   READ MORE 

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Is the Market Stronger Than It Looks? Market Breadth Says Yes...and No

Is the Market Stronger Than It Looks? Market Breadth Says Yes...and No

Dave Keller examines key market breadth indicators to explain why some signals remain bullish while others are beginning to weaken, along with what investors should be watching next....   READ MORE 

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Chart of stock with horizontal line: oving average limbo

Moving Average Limbo: A Critical Pattern to Watch

When a stock falls below its 50-day moving average but remains above its 200-day moving average, the next move often determines the longer-term trend. Dave Keller, CMT, explains this "moving average limbo" pattern, using Alphabet, MDY, and Broadcom to identify key technical signals....   READ MORE 

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Man analyzing stock charts with magnifying glass

The S&P 500's Summer Roadmap: Four Possible Outcomes

The S&P 500 remains locked in a consolidation phase, but that won't last forever. Dave Keller, CMT, outlines four possible market scenarios through the end of August, explaining the technical signals, sector rotation, and macro drivers that could shape the next major move....   READ MORE 

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Gears shifting: The Great Rotation

The Great Rotation Continues as Financials Take the Lead

As semiconductor leadership fades, financial stocks continue to strengthen. Dave Keller, CMT, analyzes Morgan Stanley, Bank of America, and Wells Fargo, highlighting technical patterns, support levels, and momentum signals that could drive further leadership in the sector....   READ MORE 

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Financial Earnings Are Here! Watch These Charts First

Financial Earnings Are Here! Watch These Charts First

Financial earnings season is underway, but rising Treasury yields could prove as important as the earnings reports. Dave Keller explains the signals he’s watching, breaking down five financial stocks at pivotal technical levels....   READ MORE 

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Man seizing an arrow with rope: do not chase breakouts

Don't Chase Breakouts! Wait for Confirmation

A stock isn't in a new uptrend until resistance is broken and the breakout is confirmed. Dave Keller, CMT, reviews DASH, XAR, and QTUM to show how price and momentum can validate the next accumulation phase....   READ MORE 

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Fibonacci Golden Ratio: Fibonacci Retracement Levels

Fibonacci Retracement: Finding the Levels That Matter Most

Fibonacci retracements help investors identify high-probability support, resistance, and price targets. Dave Keller, CMT, uses NVIDIA and Adobe to demonstrate how selecting the right swing highs and lows creates a disciplined framework for anticipating market turning points....   READ MORE 

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Top 10 Stock Charts for July 2026: What's Working Now?

Top 10 Stock Charts for July 2026: What's Working Now?

Is this the start of the next advance, or another false breakout? Dave Keller explains the signals he’s watching before revealing his Top 10 Stock Charts for July 2026....   READ MORE 

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Person's finger on screen analyzing charts: S&P 500 coil pattern

The S&P 500's Coil Pattern Could Decide the Next Big Move

The S&P 500 isn't forming a classic head-and-shoulders top. Dave Keller, CMT, explains why a symmetrical triangle better describes the current consolidation, highlights the key breakout and breakdown levels, and shows how trend models can help confirm the market's next move....   READ MORE 

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Scissor cutting percentage sign: Interest rate decline

Three Areas of the Market That Could Thrive as Rates Decline

With Treasury yields breaking lower, some market groups could gain a meaningful tailwind. Dave Keller, CMT, highlights why small caps, homebuilders, and real estate may benefit from falling rates, along with the technical signals supporting these emerging opportunities....   READ MORE 

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Forget the Head-and-Shoulders Pattern, Watch This Instead

Forget the Head-and-Shoulders Pattern, Watch This Instead

Is the S&P 500 really forming a head-and-shoulders top? Dave Keller explains why the answer may surprise you—and why three other charts could provide much more valuable clues about where the market will go next....   READ MORE 

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Are Bearish Momentum Divergences Warning of a Market Top?

Are Bearish Momentum Divergences Warning of a Market Top?

Bearish RSI divergences are appearing across market leaders from semiconductors to financials. Dave Keller, CMT, explains how weakening momentum can signal a change of character, what confirms a true trend reversal, and why RSI remains a critical tool for monitoring market leadership....   READ MORE