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 

Archived News

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Lagging Indicators Confirm Bearish Phase For Growth

Lagging Indicators Confirm Bearish Phase For Growth

KEY TAKEAWAYS * Leading indicators help anticipate price reversals, while lagging indicators validate trend changes you've already observed. * RSI combines the qualities of leading and lagging indicators, helping investors to prepare for and react to trend reversals. * AAPL recently showed a bullish momentum divergence, meaning the leading indicator has...   READ MORE 

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Growth Sectors Tumble as Defensive Plays Post a Strong Finish

Growth Sectors Tumble as Defensive Plays Post a Strong Finish

In this edition of StockCharts TV'sThe Final Bar, Dave tracks the rapid decline in growth sectors including Technology and Communication Services as defensive plays like utilities and gold post a strong finish to the week. Dave answers questions from The Final Bar Mailbag on the McClellan Summation Index...   READ MORE 

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Stocks Continue Feeling The Pressure From Higher Rates

Stocks Continue Feeling The Pressure From Higher Rates

In this edition of StockCharts TV'sThe Final Bar, guest Chris Verrone of Strategas Research Partners discusses how small-caps may emerge from the quagmire, along with why it's important to focus on relative strength. Host David Keller, CMT points out the continued strength of offense over...   READ MORE 

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The Most Important Chart to Watch During Earnings Season

The Most Important Chart to Watch During Earnings Season

In this edition of StockCharts TV'sThe Final Bar, guest Adam Turnquist, CMT of LPL Financial shares his chart of the Ten Year Treasury Yield and explains why the US Dollar may be the most important chart to watch as earnings season begins. Dave highlights stocks making new swing...   READ MORE 

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Breadth Indicators Illustrate Recent Dire Conditions

Breadth Indicators Illustrate Recent Dire Conditions

In this edition of StockCharts TV'sThe Final Bar, guest Doug Ramsey, CFA CMT of The Leuthold Group talks small-cap underperformance and shares two breadth indicators illustrating the recently dire conditions. Host David Keller, CMT declares the 200-day moving average "the most important line in the...   READ MORE 

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Maximizing Profits: Three Stocks in Three Phases

Maximizing Profits: Three Stocks in Three Phases

KEY TAKEAWAYS * The accumulation phase is marked by higher highs and higher lows, as investors push the price onward and ever upward. * Stocks in the distribution phase are trending lower, with the price usually below two downward-sloping moving averages. * A symmetrical triangle or "coil" pattern is a...   READ MORE 

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10 Crucial Charts Shaping The Markets in October 2023

10 Crucial Charts Shaping The Markets in October 2023

In this special edition of StockCharts TV'sThe Final Bar, Dave breaks down the crucial charts shaping October 2023's financial landscape. This video originally premiered on October 6, 2023. Watch on our dedicated Final Bar pageon StockCharts TV, or clickthis linkto watch on YouTube. New episodes of...   READ MORE 

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The Top Three Indicators Pressuring Earnings Right Now

The Top Three Indicators Pressuring Earnings Right Now

In this edition of StockCharts TV'sThe Final Bar, Jesse Felder of The Felder Report shares his long-term charts comparing price and earnings, and reveals the two charts he's watching now to navigate a potential market bottom. Dave focuses on resilient strength in the semiconductor group...   READ MORE 

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How Market Breadth Indicators Can Lead You Out of Market Bottoms

How Market Breadth Indicators Can Lead You Out of Market Bottoms

In this edition of StockCharts TV'sThe Final Bar, Dave digs out his market correction playbook and shares what market breadth indicators tend to do leading into and out of market bottoms. He also reveals the charts that can serve investors well in corrective phases, using relative strength as...   READ MORE 

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Here's a Scary Scenario for You: S&P 500 Downside to 2200?!?

Here's a Scary Scenario for You: S&P 500 Downside to 2200?!?

In this edition of StockCharts TV'sThe Final Bar, guest Jeff Huge, CMT of JWH Investment Partners updates his Elliott Wave count for the S&P 500 and shares what the MOVE index can tell us about further upside potential for interest rates. Dave recaps the continued deterioration...   READ MORE 

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Watch for These Signs of a Bottom As Market Breadth Conditions Crumble

Watch for These Signs of a Bottom As Market Breadth Conditions Crumble

In this edition of StockCharts TV'sThe Final Bar, Dave shows how market breadth conditions have continued to deteriorate to the point where signs of a bottom may emerge. He answers viewer questions on historical Fed cycles, under-performance of defensive sectors like utilities, and how to use technical...   READ MORE 

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Your Burning Questions, Answered: FATE of TESLA & Bullish Bias Solutions!

Your Burning Questions, Answered: FATE of TESLA & Bullish Bias Solutions!

In this edition of StockCharts TV'sThe Final Bar, Dave answers viewer questions about Tesla's potential trajectory towards the 200-day moving average and ways to normalize relative strength graphs using volatility measures. He also dives into his past trades' technical setup, shares tips for setting...   READ MORE 

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Is it Possible for the S&P 500 to Hold the 4300 Level?

Is it Possible for the S&P 500 to Hold the 4300 Level?

In this edition of StockCharts TV'sThe Final Bar, Samantha LaDuc of LaDuc Capital breaks down the implications of higher interest rates and why semiconductors remain a crucial space to watch. Host David Keller, CMT tracks the recent rally in Bitcoin and identifies two key names testing moving average...   READ MORE 

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Looking at Recent Market PULLBACK in a Long-Term Context & More!

Looking at Recent Market PULLBACK in a Long-Term Context & More!

In this edition of StockCharts TV'sThe Final Bar, Joe Rabil of Rabil Stock Research walks through his monthly, weekly, and daily S&P 500 charts to put the recent market pullback into proper long-term context. Host David Keller, CMT digs into breadth indicators that have turned...   READ MORE 

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S&P 500 Head and Shoulders Top Confirmed

S&P 500 Head and Shoulders Top Confirmed

KEY TAKEAWAYS * The head and shoulders pattern is a classic price pattern that confirms an exhaustion of buyers. * Investors should consider the three phases of price patterns, and make sure to confirm all three phases before taking action. * This pattern yields a minimum downside objective of around 4080-4100 for...   READ MORE 

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Confirmed! Head-and-Shoulders Top Pattern for the S&P 500!

Confirmed! Head-and-Shoulders Top Pattern for the S&P 500!

In this edition of StockCharts TV'sThe Final Bar, Mish Schneider of MarketGauge shares why the most important ETFs to watch are Retailers (XRT) and Small Caps (IWM) and also shares their latest plugin on the StockCharts ACP platform. Host David Keller, CMT tracks today's risk-off...   READ MORE 

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Fed Keeps Hands Off Rates, Leaves DOOR OPEN for More Hikes!

Fed Keeps Hands Off Rates, Leaves DOOR OPEN for More Hikes!

In this edition of StockCharts TV'sThe Final Bar, Danielle Shay of Simpler Trading joins Dave to discuss what's the technical take on the FAANG stocks after today's Fed announcement going into earnings season? Powell and Co. leave rates unchanged, leave the door open for...   READ MORE 

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When to BUY, When to SELL, and When to SIT On Your Hands

When to BUY, When to SELL, and When to SIT On Your Hands

In this edition of StockCharts TV'sThe Final Bar, guest Dave Landry of DaveLandry.com shares his own approach to what he calls the "Three Whens"- when to buy, when to sell, and when to sit on your hands! Meanwhile, host Dave Keller reviews charts of energy...   READ MORE 

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Analyzing Risks for Mega-Cap Growth Stocks Before Key FED Meeting

Analyzing Risks for Mega-Cap Growth Stocks Before Key FED Meeting

In this edition of StockCharts TV'sThe Final Bar, Dave conducts a deep dive into current market breadth indicators, including advance-decline data, the McClellan Oscillator, and the Bullish Percent Index. He reviews key support and resistance levels for AAPL, TSLA, NVDA, and other growth stocks as the market...   READ MORE 

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Three ETFs Suggest Further Downside

Three ETFs Suggest Further Downside

This past week had all the potential to see a revival of the great bull market of 2023. The September inflation data, Apple's latest product announcements, and Arm's IPO all seemed had the possibility to reignite the fire of bullishness for investors. By Friday's...   READ MORE 

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Deep Dive Into Stop Losses, Volatility Hacks, and Bullish Rotation

Deep Dive Into Stop Losses, Volatility Hacks, and Bullish Rotation

In this edition of StockCharts TV'sThe Final Bar, Dave drops a special all-mailbag episode, including viewer questions on using Average True Range for stop losses, stocks vs. bonds, India's test of all-time highs, and best practices for price volatility. This video originally premiered on...   READ MORE 

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Timeless Lessons from the Godfather of Technical Analysis

Timeless Lessons from the Godfather of Technical Analysis

In this edition of StockCharts TV'sThe Final Bar, Dave sits down with Ralph Acampora, CMT, co-founder of the CMT Association, for a memorable conversation on all things technical analysis. They review lessons learned from the October 2022 market low, words of wisdom for traders new to technical...   READ MORE 

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Sector Rotation Analysis Still Quite Bullish

Sector Rotation Analysis Still Quite Bullish

In this edition of StockCharts TV'sThe Final Bar, guest Julius de Kempenaer of RRG Research shows how his market visualizations still show stocks over bonds and offense over defense. Host David Keller, CMT highlights one industry sector breaking down due to higher crude oil prices. This video originally...   READ MORE 

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The Bull Case for Commodities

The Bull Case for Commodities

In this edition of StockCharts TV'sThe Final Bar, David Cox, CFA CMT of Raymond James reviews underperformance for defensive sectors like Utilities and describes why commodities should be an area of focus for investors. Host David Keller, CMT reviews today's drop in ORCL and AAPL as...   READ MORE 

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When Facing a Market Pullback, RUN THESE SCANS!

When Facing a Market Pullback, RUN THESE SCANS!

In this edition of StockCharts TV'sThe Final Bar, Dave recaps a big up day for TSLA and bearish engulfing pattern for energy stocks. He answers viewer questions on growth stocks during rising rate environment and shares two scans to identify potential opportunities during corrective periods. This video originally...   READ MORE 

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Which is More Likely -- SPX Over 4600 or Below 4200?

Which is More Likely -- SPX Over 4600 or Below 4200?

KEY TAKEAWAYS * Top investors use probabilistic analysis to think through different scenarios to determine which appears the most likely. * By thinking through each of four potential future paths for the S&P 500, we can be better prepared for whichever scenario actually plays out in the coming weeks. We...   READ MORE 

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BONDS & CASH - But Can We Find Better Income Alternatives?

BONDS & CASH - But Can We Find Better Income Alternatives?

In this edition of StockCharts TV'sThe Final Bar, Dave wraps the week with a focus on weakening breadth conditions, the Russell 2000 and underperformance of small caps, and strong energy stocks driven by stronger crude oil prices. He answers viewer questions on using ETFs instead of bonds or...   READ MORE 

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Crucial Insights: How Rising Rates IMPACT You!

Crucial Insights: How Rising Rates IMPACT You!

In this edition of StockCharts TV'sThe Final Bar, guest Willie Delwiche, CMT, CFA of Hi Mount Research outlines the long-term uptrend in interest rates and shares two sectors to focus on given the rising rate environment. Host David Keller, CMT tracks the sharp pullback for semiconductors and...   READ MORE 

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FORGET Valuations, REMEMBER the Charts!

FORGET Valuations, REMEMBER the Charts!

In this edition of StockCharts TV'sThe Final Bar, guest Ari Wald, CFA, CMT of Oppenheimer & Co. shows how energy stocks are taking a leadership role, with high beta sectors still outperforming low volatility defensive stocks. Host David Keller, CMT tracks the latest downswing and describes a potential...   READ MORE 

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Small-Caps Take BIG Plunge in Risk-Off Move

Small-Caps Take BIG Plunge in Risk-Off Move

In this edition of StockCharts TV'sThe Final Bar, Dave notes severe weakness in the small-cap space as the Russell 2000 forms a potential head-and-shoulders topping pattern. He answers viewer questions on index volume, Coppock curves and running oscillators on breadth indicators. This video originally premiered...   READ MORE 

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Top 10 Charts to Watch, September 2023

Top 10 Charts to Watch, September 2023

In this edition of StockCharts TV'sThe Final Bar, Dave and Grayson co-host a special presentation, wherein they unveil the top 10 charts that are poised to shape the landscape of September 2023. This video originally premiered on September 4, 2023. Watch on our dedicated Final Bar pageon...   READ MORE 

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Three Ways I Use RSI To Analyze Trends

Three Ways I Use RSI To Analyze Trends

KEY TAKEAWAYS * Momentum indicators like RSI can indicate overbought and oversold conditions, suggesting a short-term reversal. * A bearish divergence, with higher prices and a lower RSI, often occur at the end of a bullish phase. * By analyzing the range of the RSI, investors can confirm the overall trend phase...   READ MORE 

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Typical Tesla STALLS Out at 50-Day Moving Average

Typical Tesla STALLS Out at 50-Day Moving Average

In this edition of StockCharts TV'sThe Final Bar, Dave wraps the market week with a discussion of higher interest rates, their implication for growth stocks, and why charts like TSLA shouldn't get an "all clear" until they break above the 50-day moving average....   READ MORE 

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Every One of These Breadth Conditions are SCREAMING Risk On!

Every One of These Breadth Conditions are SCREAMING Risk On!

In this edition of StockCharts TV'sThe Final Bar, TG Watkins of Simpler Trading shows how breadth conditions are very similar to previous bull market pullbacks. Dave focuses in on constructive setups in gold and crude oil, then highlights one semiconductor stock featuring a symmetrical triangle pattern. This video...   READ MORE 

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The Long-Term Bull Case for Bitcoin

The Long-Term Bull Case for Bitcoin

In this edition of StockCharts TV'sThe Final Bar, Adrien Zduńczyk of TheBirbNest charts Bitcoin's bounce off support at $25K and relates bullish Bitcoin trends to a broader risk appetite for investors. Host David Keller, CMT highlights the McClellan Oscillator breaking back above the crucial zero level...   READ MORE 

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Growth Stocks Shine in Short-Covering Rally

Growth Stocks Shine in Short-Covering Rally

In this special edition of StockCharts TV'sThe Final Bar, Danielle Shay of Simpler Trading breaks down the current short-covering rally and walks through her current setups for QQQ, NVDA, MSFT, and TSLA. Host Dave tracks the recent drop in interest rates and shows how Bitcoin has bounced...   READ MORE 

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The Five Ratios ALL Investors Should Follow

The Five Ratios ALL Investors Should Follow

In this special edition of StockCharts TV'sThe Final Bar, join Dave as he breaks down the power of ratio analysis and reveals why it's an essential tool for every savvy investor. This video originally premiered on August 25, 2023. Watch on our dedicated Final Bar pageon...   READ MORE 

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SELL The News! NVDA Trades Lower After Strong Earnings

SELL The News! NVDA Trades Lower After Strong Earnings

In this edition of StockCharts TV'sThe Final Bar, guest Sean McLaughlin of All Star Charts shares best practices for trading options during periods of price consolidation. Host Dave highlights bearish engulfing patterns for the SPY and QQQ, as well as leading growth stocks like MSFT and META. This...   READ MORE 

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Growth Stocks Seen THRIVING in Anticipation of NVDA Earnings

Growth Stocks Seen THRIVING in Anticipation of NVDA Earnings

In this edition of StockCharts TV'sThe Final Bar, guest Callie Cox of eToro talks growth vs. value in the face of a rising interest rate environment, and why this is the most important "hurdle" for investors to watch. Dave focuses in on the technical picture for...   READ MORE 

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VIX Flashes a Key BEARISH Symbol for Stocks!

VIX Flashes a Key BEARISH Symbol for Stocks!

In this edition of StockCharts TV'sThe Final Bar, guest Doug Ramsey, CFA CMT of The Leuthold Group, laments the chronic underperformance of small-cap stocks and reveals a market indicator based on the VIX that gave a bearish signal this week. Dave prepares for NVDA's earnings...   READ MORE