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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Bullish Buyers Return After Market Selloff

Bullish Buyers Return After Market Selloff

In this edition of StockCharts TV'sThe Final Bar, Jay Woods, CMT of Freedom Capital Markets brings the energy of the NYSE floor to the show, relating today's market rebound to longer term themes for small caps and regional banks.  Dave shares one breadth indicator recognizing broad...   READ MORE 

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Betting Against the Fed is RISKY!

Betting Against the Fed is RISKY!

In this edition of StockCharts TV'sThe Final Bar, Tony Dwyer of Canaccord Genuity shares insights on today's Fed meeting and what data he's following to anticipate rate cuts through 2024. Dave tracks mega cap growth stocks, including MSFT and GOOGL, which are in pullback...   READ MORE 

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Market Wisdom from the Godfather of Technical Analysis

Market Wisdom from the Godfather of Technical Analysis

In this edition of StockCharts TV'sThe Final Bar, legendary technical analyst Ralph Acampora, CMT visit StockCharts HQ to share lessons learned in the 1970s secular bear market, what he learned about simplicity from the late Alan Shaw, and how leadership rotation may be the theme for the coming...   READ MORE 

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Will Catalysts Push Markets HIGHER or Drag Them LOWER?

Will Catalysts Push Markets HIGHER or Drag Them LOWER?

In this edition of StockCharts TV'sThe Final Bar, Dave tracks the S&P 500 as it pushes to a new high above 4900, while the McClellan Oscillator rotates to a bullish reading. He breaks down earnings plays this week, including XOM, MSFT, and more. This video originally...   READ MORE 

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Magnificent 7 Stocks: Overheated or Just Getting Started?

Magnificent 7 Stocks: Overheated or Just Getting Started?

One of the key themes, if not THE theme, of 2023 was the dominance of the mega-cap growth trade. The Magnificent 7 stocks handily outperformed our equity benchmarks through the course of 2023, and, so far in 2024, it's been more of the same. With Netflix (NFLX) gapping...   READ MORE 

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How to Avoid Huge Drawdowns from High-Flying Stocks

How to Avoid Huge Drawdowns from High-Flying Stocks

In this edition of StockCharts TV'sThe Final Bar, Dave hosts an all-mailbag episode, answering viewer questions on the Relative Strength Index (RSI), how ETFs like QTEC have outperformed benchmarks including the Nasdaq 100, and how to avoid painful losses in leading names like NVDA, PANW, and ADBE. This...   READ MORE 

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Unlocking the Power of Technical Indicators

Unlocking the Power of Technical Indicators

In this edition of StockCharts TV'sThe Final Bar, Dave breaks down the chart of Intel Corp (INTC) to demonstrate the benefits of three important technical indicators: Moving Averages, Relative Strength Index (RSI) and Relative Strength. He shares why a disciplined process of interpreting these indicators can help investors...   READ MORE 

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Macro Model Gives Mixed Signals as NFLX LIGHTS UP!

Macro Model Gives Mixed Signals as NFLX LIGHTS UP!

In this edition of StockCharts TV'sThe Final Bar, guest John Kosar, CMT of Asbury Research shares his proprietary Asbury Six macro model, which suggests caution based on weak fund flows and breadth conditions.  Dave focuses in on crude oil and gold charts, and also reviews key earnings plays...   READ MORE 

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S&P 500 Still SUPER Undervalued!

S&P 500 Still SUPER Undervalued!

In this edition of StockCharts TV'sThe Final Bar, guest Ari Wald, CFA CMT of Oppenheimer lays out a bull case for the S&P 500 based on valuations and forward returns given strong breadth conditions. Dave reviews stocks reporting earnings this week, including LOGI, LMT, PG, DHI,...   READ MORE 

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Small Caps Surge Higher As S&P 500 Stalls

Small Caps Surge Higher As S&P 500 Stalls

In this edition of StockCharts TV'sThe Final Bar, Dave observes the S&P 500 index pressing higher after achieving new all-time highs on Friday. While large caps have dominated small caps so far in January, days like today suggest small-cap strength as a potential emerging trend.  He...   READ MORE 

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Three Behavioral Biases You're Probably Struggling With Right Now

Three Behavioral Biases You're Probably Struggling With Right Now

I've spent much of my career helping investors become more like pilots. Why is this such an important mindset to adopt? Well, pilots have to maintain good situational awareness, understanding what is happening around them. They need to make difficult decisions and recognize when conditions are changing. And,...   READ MORE 

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Viewer Questions: How Does the Fed Manipulate the Yield Curve?

Viewer Questions: How Does the Fed Manipulate the Yield Curve?

In this edition of StockCharts TV'sThe Final Bar, Dave hosts a special all-mailbag edition, answering viewer questions on leading vs. lagging indicators, arithmetic vs. log scale charts, and how the Fed manipulates the yield curve.  He digs into specific trading strategies using RSI, MACD, On Balance Volume, and...   READ MORE 

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Why SMALL CAPS MATTER in January 2024

Why SMALL CAPS MATTER in January 2024

In this edition of StockCharts TV'sThe Final Bar, guest John Kolovos, CFA CMT of Macro Risk Advisors describes how the market is reacting to "good overbought" conditions in late 2023, and why the Russell 2000 small cap ETF may be the chart to watch in Q1...   READ MORE 

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The Case for a Tactical Stock Selloff

The Case for a Tactical Stock Selloff

In this edition of StockCharts TV'sThe Final Bar, guest Adam Turnquist of LPL Financial lays out the case for a tactical selloff for stocks, as well as why long-term indicators remain constructive in early 2024.  Dave breaks down the bearish momentum divergence prevalent in the technology sector, and...   READ MORE 

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S&P 4300 by End of February?

S&P 4300 by End of February?

We kicked off the new year of 2024 with an overheated stock market, excessively bullish breadth indicators, and euphoric sentiment levels. While the first week in January felt like a "wake-up call" pullback for awestruck bulls, this last week saw the S&P 500 push right back...   READ MORE 

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Your Questions Answered! Moving Averages, Chart Patterns, Inflation & More

Your Questions Answered! Moving Averages, Chart Patterns, Inflation & More

In this edition of StockCharts TV'sThe Final Bar, Dave presents a special all-mailbag episode, answering viewer questions on simple vs. exponential moving averages, the benefits of analyzing sector rotation, and a good first chart for beginners learning technical analysis. This video originally premiered on January 12, 2024. Watch...   READ MORE 

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From Selloff to Surge: Growth Stocks Rebound After CPI

From Selloff to Surge: Growth Stocks Rebound After CPI

In this edition of StockCharts TV'sThe Final Bar, Dave highlights three leading growth stocks continuing to push to new swing highs. He also breaks down key market sentiment indicators, including the VIX, AAII survey, NAAIM Exposure Index, Rydex fund flows, and put/call ratios. This video originally premiered...   READ MORE 

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SPOT ETFs APPROVED!! The Technical Case for Bitcoin

SPOT ETFs APPROVED!! The Technical Case for Bitcoin

In this edition of StockCharts TV'sThe Final Bar, Adrian Zduńczyk, CMT of The Birb Nest discusses upside potential for Bitcoin and Ethereum based on expectations around new Bitcoin ETFs, as well as a bullish technical configuration. Dave highlights leading growth stocks, like META scoring new 52-week highs, as...   READ MORE 

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Don't Miss Out! 2 Promising Sectors in Early 2024

Don't Miss Out! 2 Promising Sectors in Early 2024

In this edition of StockCharts TV'sThe Final Bar, Julius de Kempenaer of RRG Research talks stocks over bonds and highlights two sectors with upside potential based on improvements in their relative strength. Dave unveils a bearish momentum divergence for Netflix and reveals two technology stocks that could still...   READ MORE 

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January 2024: The Final Bar's Top 10 Must See Charts

January 2024: The Final Bar's Top 10 Must See Charts

In this edition of StockCharts TV'sThe Final Bar, Grayson Roze and Dave break down the trends for the top ten stocks and ETF charts for December 2023. They'll identify key levels and signals to watch for using technical analysis tools including moving averages, relative strength, RSI,...   READ MORE 

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Three Charts to Track Impending Doom

Three Charts to Track Impending Doom

KEY TAKEAWAYS * January through March is the weakest three-month period for stocks in an election year. * The McClellan Oscillator turned bearish this week, suggesting at least a short-term pullback for stocks. * The VIX remains low, but a push above 15 could indicate further downside, retracing the gains from Q4. Okay,...   READ MORE 

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Growth Stocks Drop Again -- and That's Just the Beginning?!?

Growth Stocks Drop Again -- and That's Just the Beginning?!?

In this edition of StockCharts TV'sThe Final Bar, guest Jeff Huge, CMT of JWH Investments speaks to how extreme breadth conditions, sky-high valuations and overly bullish sentiment readings could indicate the beginning of a bear phase in 2024. Dave highlights two value sectors showing renewed signs of strength...   READ MORE 

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Technology Shares PLUNGE to Kick Off 2024

Technology Shares PLUNGE to Kick Off 2024

In this edition of StockCharts TV'sThe Final Bar, guest Mish Schneider of MarketGauge talks strength in small caps, leadership in retail, and the importance of watching junk bonds for risk-on conditions. Dave charts pullbacks in AAPL and NVDA, and shares two names pushing higher as value beats growth...   READ MORE 

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Unlocking Russell 2000 SECRETS & Volatility INSIGHTS!

Unlocking Russell 2000 SECRETS & Volatility INSIGHTS!

In this special all-Mailbag edition of StockCharts TV'sThe Final Bar, Dave answers viewers' burning questions, ranging from the effectiveness of short-term moves with the 5-day MA to deciphering the mysteries of the Russell 2000's growth or value positioning and much more! Click here to take...   READ MORE 

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The Top Five Charts of 2023

The Top Five Charts of 2023

KEY TAKEAWAYS * 2023 was dominated by mega cap growth stocks, but the fourth quarter saw a potential change as other sectors experienced renewed vigor. * Three breadth indicators provided great clarity to the up and down cycles over the course of the year, as extreme readings tended to coincide with major...   READ MORE 

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Top Five Charts of 2023 #5: Bitcoin

Top Five Charts of 2023 #5: Bitcoin

In the fifth of a five-part special series on StockCharts TV'sThe Final Bar, Dave dives into the fascinating world of Bitcoin. Discover the incredible growth and performance of cryptocurrencies in 2023, surpassing even the stock market. Find out why Bitcoin's sudden breakouts and significant rallies make...   READ MORE 

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Top Five Charts of 2023 #4: Leadership Themes

Top Five Charts of 2023 #4: Leadership Themes

In the fourth of a five-part special series on StockCharts TV'sThe Final Bar, Dave discusses the top leadership trends of 2023. From the concept of narrow leadership to the rise of the Magnificent Seven, he explores the most important themes that shaped the year in this engaging episode....   READ MORE 

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Top Five Charts of 2023 #3: Market Breadth Indicators

Top Five Charts of 2023 #3: Market Breadth Indicators

In the third of a five-part special series on StockCharts TV'sThe Final Bar, Dave breaks down three market breadth indicators that tell the story of market conditions in 2023. By analyzing the S&P 500 Bullish Percent Index, the percentage of stocks above their 50-day moving average,...   READ MORE 

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Top Five Charts of 2023 #2: Ten-Year Treasury Yield

Top Five Charts of 2023 #2: Ten-Year Treasury Yield

In the second of a five-part special series on StockCharts TV'sThe Final Bar, Dave takes a deep dive into the bond markets, talking rising rates, Fed rate hikes, value vs. growth, inverted yield curves, and what the bond markets in 2023 could tell us about potential future paths...   READ MORE 

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Top Five Charts of 2023 #1: S&P 500

Top Five Charts of 2023 #1: S&P 500

In the first of a five-part special series on StockCharts TV'sThe Final Bar, Dave walks through the S&P 500 index quarter by quarter.  From the strong rally phase in the 2nd quarter to the dramatic reversal at the October low, 2023 has provided a perfect case...   READ MORE 

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Extreme Breadth Readings Say Short-Term Bearish, Long-Term Bullish

Extreme Breadth Readings Say Short-Term Bearish, Long-Term Bullish

By late October, the market conditions were dire indeed. The S&P 500 had broken below its 200-day moving average for the first time since March. Only 10% of S&P 500 members remained above their 50-day moving average, meaning a full 90% were below this key short-term...   READ MORE 

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Larry Williams' 2024 Market Outlook

Larry Williams' 2024 Market Outlook

On this edition of StockCharts TV'sThe Final Bar, legendary trader and author Larry Williams joins Dave to share his lessons learned in 2023, his outlook for stocks in 2024, and which cycles he feels all investors should be following into the new year. This video originally premiered on...   READ MORE 

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Small-Caps Rocket to the Upside, Leave Large-Caps in the Dust

Small-Caps Rocket to the Upside, Leave Large-Caps in the Dust

On this edition of StockCharts TV'sThe Final Bar,Julius de Kempenaer of RRG Research points out that growth vs. value is now more of a small vs. large question, with small caps rocketing to the upside in December.  Host David Keller, CMT recaps the top charts of the...   READ MORE 

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Blow-Off Top?! Market Reacts to the FED Announcement

Blow-Off Top?! Market Reacts to the FED Announcement

Happy Fed Day on this edition of StockCharts TV'sThe Final Bar. There was quite a bit of movement leading into the FOMC announcement, with exceptional amounts of movement afterwards. Markets continued to push aggressively to the upside, with the S&P 500 closing the day out above...   READ MORE 

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This Industry Group Outperformed the S&P 500 by OVER 120% in 2023!

This Industry Group Outperformed the S&P 500 by OVER 120% in 2023!

In this edition of StockCharts TV'sThe Final Bar, guest Joe Rabil of Rabil Stock Research shares his biggest takeaway from investing in 2023 and also conducts a deep dive in the Consumer Discretionary sector with a focus on four stocks: SIG, TSLA, RL, and ABNB. Meanwhile, Dave unveils...   READ MORE 

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Renewed UPTREND for Semis -- SMH and SOXX ETFs Breaking Out!

Renewed UPTREND for Semis -- SMH and SOXX ETFs Breaking Out!

In this edition of StockCharts TV'sThe Final Bar, Dave recaps the renewed uptrend for semis, with ETFs like SMH and SOXX breaking out despite a lack of participation from the largest semiconductor name, Nvidia (NVDA). He answers viewer questions on QQQ, Netflix (NFLX), Resmed (RMD), Avis Budget Group...   READ MORE 

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Will the S&P 500 Push Above 4600 Before Year-End?

Will the S&P 500 Push Above 4600 Before Year-End?

KEY TAKEAWAYS * The S&P 500 index has stalled out at its July high around 4600, and overbought readings from RSI indicate a likely pullback. * Breadth indicators have reached bullish extreme readings, confirming the long-term bullish, short-term bearish thesis. * Individual stocks from both growth and value sectors are overbought...   READ MORE 

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Top 10 Charts to Watch in December 2023

Top 10 Charts to Watch in December 2023

In this edition of StockCharts TV'sThe Final Bar, Dave is joined by StockCharts' own Grayson Roze as they break down the trends for the top ten stocks and ETF charts for December 2023. Together, they identify key levels and signals to watch for using technical analysis tools...   READ MORE 

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Lift Off! Aerospace and Defense Stocks Showing Multi-Year Breakout

Lift Off! Aerospace and Defense Stocks Showing Multi-Year Breakout

In this edition of StockCharts TV'sThe Final Bar, guest Jeff Huge, CMT of JWH Investment Partners highlights one industry within the Industrial sector showing a multi-year breakout, and lays out the bull case for gold in 2024. Dave reviews travel and tourism charts, speaks to the strength in...   READ MORE 

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High Risk of Market Downside in December?

High Risk of Market Downside in December?

In this edition of StockCharts TV'sThe Final Bar, guest John Kosar, CMT of Asbury Research updates his Asbury Six tactical market model and shares how investors can be better positioned for market uncertainty into 2024. Host Dave highlights the strong rally in financials and airlines, and reveals one...   READ MORE