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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Is Every Stock on the Planet Overbought?!

Is Every Stock on the Planet Overbought?!

In this edition of StockCharts TV'sThe Final Bar, host David Keller, CMT shows how mega-cap growth stocks like NFLX and GOOGL have pulled back from overbought conditions, and reviews how other market segments like gold and small caps are experiencing a similar pattern of upside exhaustion.  He takes...   READ MORE 

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Pullback Imminent for Nasdaq 100

Pullback Imminent for Nasdaq 100

KEY TAKEAWAYS * The recent upside gap around $380 was a key moment for the QQQ, but if leading growth stocks continue to drop, this level may come into question. * While a new all-time high for the Nasdaq 100 is a possibility over the next six to eight weeks, the overbought...   READ MORE 

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Follow This Powerful Seasonal Playbook in Election Years

Follow This Powerful Seasonal Playbook in Election Years

In this edition of StockCharts TV'sThe Final Bar, guest Jeff Hirsch of theStock Trader's Almanacshares the suggested seasonal pattern for 2024 and breaks down how previous election years have played out. Host David Keller, CMT highlights a breakout in gold miners, regional banks breaking above their...   READ MORE 

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Market Secrets Revealed! Final Bar Mailbag -- US Dollar, S&P 500 ETF, Fibonacci Pivots

Market Secrets Revealed! Final Bar Mailbag -- US Dollar, S&P 500 ETF, Fibonacci Pivots

In this edition of StockCharts TV'sThe Final Bar, Dave devotes the show to the Mailbag. He answers viewer questions about the impact of the US Dollar on the stock market, why he uses the S&P 500 ETF rather than the S&P Index for relative...   READ MORE 

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Breadth Analysis Suggests Pullback From S&P 4600

Breadth Analysis Suggests Pullback From S&P 4600

In this edition of StockCharts TV'sThe Final Bar, Dave reviews the latest market breadth indicators, some of which are indicating a likely pullback from resistance around the 4600 level for the S&P 500.  He also focuses on stocks with actionable patterns including GOOGL, NFLX, SPOT, NVDA,...   READ MORE 

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A NEW ERA of Growth Leadership?

A NEW ERA of Growth Leadership?

In this edition of StockCharts TV'sThe Final Bar, guest Mary Ann Bartels of Sanctuary Wealth describes how falling interest rates could pave the way for another leadership by mega-cap growth stocks, including semiconductors. Host David Keller, CMT breaks down two market breadth indicators to watch into December and...   READ MORE 

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Magnificent 7 Stocks Testing HUGE Resistance

Magnificent 7 Stocks Testing HUGE Resistance

In this edition of StockCharts TV'sThe Final Bar, Dave breaks down the technical setups on all of the Magnificent 7 stocks, addressing the balance between strong trends and overbought conditions. He answers viewer questions on investor sentiment, trailing stops, potential upside for TSLA, and the latest thinking on...   READ MORE 

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My Market Trend Model is Pretty Bulled Up

My Market Trend Model is Pretty Bulled Up

KEY TAKEAWAYS * We use a series of weekly exponential moving averages to define the trend on three time frames. * The medium-term model just turned bullish, suggesting a risk-on environment for stocks. * Our Market Trend Model had a similar setup in March 2022, before a downturn eliminated the bullish configuration. Am...   READ MORE 

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Cutting-Edge Seasonality Insights & Bitcoin 2024 Halving Impact

Cutting-Edge Seasonality Insights & Bitcoin 2024 Halving Impact

In this special edition of StockCharts TV'sThe Final Bar, guest Adrien ZduÅ„czyk, CMT, of The Birb Nest shares a groundbreaking seasonality study he created with Jeff Hirsch ofStock Trader's Almanac. Adrien and Dave explain how November and December tend to be seasonably strong for Bitcoin, why...   READ MORE 

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The Case for Small-Caps as Major Indexes Test Overbought Conditions

The Case for Small-Caps as Major Indexes Test Overbought Conditions

In this edition of StockCharts TV'sThe Final Bar, Craig Johnson, CFA CMT of Piper Sandler shares his long-term charts of the S&P 500 and 10-Year Treasury Yield and makes the case for small caps through year-end 2023. Dave shares one breadth indicator reaching a bearish extreme...   READ MORE 

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Three Ways to Stay on the Right Side of the Market

Three Ways to Stay on the Right Side of the Market

In this edition of StockCharts TV'sThe Final Bar, guest Dave Landry of DaveLandry.com reveals his three charts to define the market trend, limit losses, and stay on the right side of the market. Host David Keller, CMT targets names trading higher and testing key resistance, including TGT,...   READ MORE 

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Stocks and Bonds SOAR After October CPI

Stocks and Bonds SOAR After October CPI

In this edition of StockCharts TV'sThe Final Bar, guest Pete Carmasino of Chaikin Analytics puts this week's action into long-term perspective using his charts of bond prices, interest rates, unemployment, and regional banks. Dave highlights three stocks with actionable signals this week: ROST, FSLR, and MCK....   READ MORE 

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Finding Setups as Markets Wait for October CPI

Finding Setups as Markets Wait for October CPI

In this edition of StockCharts TV'sThe Final Bar, Dave identifies bullish and bearish momentum divergences as the equity and bond markets await the October CPI reading on Tuesday morning. He answers questions covering Brent crude oil prices, uranium stocks, inverse head and shoulders patterns, and upside potential for...   READ MORE 

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Why is S&P 4400 So Important Right Now?

Why is S&P 4400 So Important Right Now?

KEY TAKEAWAYS * Charles Dow first popularized the concept of trends as defined by the pattern of peaks and valleys in price action. * We can create shaded areas on a chart based on traditional support and resistance levels to create a "stoplight" effect to better define the market phase....   READ MORE 

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Decoding Bear Markets, Divergences, & More! A Q&A with David Keller, CMT

Decoding Bear Markets, Divergences, & More! A Q&A with David Keller, CMT

In this edition of StockCharts TV'sThe Final Bar, Dave dives deep into the world of market dynamics and technical analysis to answer YOUR burning questions! He talks topics like point and figure charts, moving averages, Nomura Holdings (NMR), Arthur J. Gallagher & Co. (AJG), and more! This video...   READ MORE 

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Top Ten Hidden Features of StockCharts, Features 6-10

Top Ten Hidden Features of StockCharts, Features 6-10

In this edition of StockCharts TV'sThe Final Bar, Dave takes a closer look at some key features on StockCharts and how to use them in new and improved ways, in order to gain a deeper understanding of market dynamics and price behavior. You might even stumble upon some...   READ MORE 

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Top Ten Hidden Features of StockCharts, Features 1-5

Top Ten Hidden Features of StockCharts, Features 1-5

In this edition of StockCharts TV'sThe Final Bar, Dave takes a closer look at some key features on StockCharts and how to use them in new and improved ways, in order to gain a deeper understanding of market dynamics and price behavior. You might even stumble upon some...   READ MORE 

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Why are Higher Interest Rates a Big Deal?

Why are Higher Interest Rates a Big Deal?

In this edition of StockCharts TV'sThe Final Bar, guest Mike Singleton of Invictus Research describes the impact of higher interest rates on consumer spending and growth stock valuations. Host David Keller, CMT charts the breakout for the QQQ and reviews stocks reporting earnings, including DKNG, UBER, and more....   READ MORE 

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This Key Resistance Level is Crucial for the S&P 500

This Key Resistance Level is Crucial for the S&P 500

In this edition of StockCharts TV'sThe Final Bar, Dave breaks down the charts of the S&P 500 and Nasdaq 100 with a focus on the downtrend channel for the QQQ and key resistance at 4400 for the S&P 500. He answers viewer questions on...   READ MORE 

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Trading the QQQ in Three Timeframes

Trading the QQQ in Three Timeframes

KEY TAKEAWAYS * The short-term trend for the QQQ is positive after this week's rally, but price is now at the upper edge of a downtrend channel. * On the medium-term timeframe, the downtrend channel is still intact, and the momentum reading is still in line with a bearish phase....   READ MORE 

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Top Ten Charts to Watch in November 2023

Top Ten Charts to Watch in November 2023

In this edition of StockCharts TV'sThe Final Bar, join Dave and Grayson as they break down the trends for the top ten stocks and ETF charts for November 2023. Watch as they identify key levels and signals to keep an eye out for using the power of StockCharts&...   READ MORE 

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What Can the VIX Reveal To Us In November 2023?

What Can the VIX Reveal To Us In November 2023?

In this edition of StockCharts TV'sThe Final Bar, Tim Hayes of Ned Davis Research shares an outlook for interest rates in 2024, and explains why a VIX over 28.5 could mean disaster for risk assets. Host David Keller, CMT updates charts of stocks reporting earnings including SBUX,...   READ MORE 

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Signs of Top in Rates As Fed Says NO CHANGE

Signs of Top in Rates As Fed Says NO CHANGE

In this edition of StockCharts TV'sThe Final Bar, Katie Stockton, CMT of Fairlead Strategies shares her weekly charts of the S&P 500, VIX, and XLK and identifies three areas of opportunity through year-end 2023. Dave breaks down this week's Fed meeting from a technical...   READ MORE 

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Stock Market Hinges on the Ten Year Interest Rate

Stock Market Hinges on the Ten Year Interest Rate

In this edition of StockCharts TV'sThe Final Bar, Tony Dwyer of Canaccord Genuity breaks down four charts that speak to a potential tactical rally for the S&P 500, and explains why this market is still all about interest rates. Meanwhile, Dave charts the downtrend channel for...   READ MORE 

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Countertrend Rally in the Works for SPX? What the Charts Reveal

Countertrend Rally in the Works for SPX? What the Charts Reveal

In this edition of StockCharts TV'sThe Final Bar, Dave discusses implications for this week's earnings releases, the November Fed meeting, and geopolitical events. He answers live viewer questions on volume-based indicators, downside targets for the S&P 500 chart, possibilities for a countertrend rally for...   READ MORE 

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My Downside Targets for the S&P 500

My Downside Targets for the S&P 500

KEY TAKEAWAYS * The S&P 500 has almost reached the minimum downside objective based on the head and shoulders topping pattern. * SPX 3800 would mean represent a 38.2% retracement level of the March 2020 to January 2022 bull market phase. If you've been fighting the mounting...   READ MORE 

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Where to Find Stock Opportunities in Bear Territory

Where to Find Stock Opportunities in Bear Territory

In this edition of StockCharts TV'sThe Final Bar, host Dave wraps a bearish week with a discussion on downtrend conditions, trendline resistance, deteriorating breadth, and finding opportunities in a bearish landscape. He answers viewer questions on inverted yield curves, recessionary periods, and leading vs. lagging technical indicators. This...   READ MORE 

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Late-Hour Selloff Confirms Downtrend Phase!

Late-Hour Selloff Confirms Downtrend Phase!

In this edition of StockCharts TV'sThe Final Bar, guest Tom Bowley of EarningsBeats shares his chart of key ratios illustrating how growth still has held its ground relative to value stocks. Host David Keller, CMT focuses in on distribution in the last hour of trading and highlights one...   READ MORE 

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NASDAQ NOSEDIVES, Down Over 2% At The Close!

NASDAQ NOSEDIVES, Down Over 2% At The Close!

In this edition of StockCharts TV'sThe Final Bar, guest Mary Ellen McGonagle of MEM Investment Research shares three stocks showing promise during a period of severe market distribution. Dave focuses in on the S&P 500 testing Fibonacci support and breaks down earnings for Microsoft, Alphabet, Spotify,...   READ MORE 

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How Mega-Cap Names Dominate Through Market Cap

How Mega-Cap Names Dominate Through Market Cap

In this edition of StockCharts TV'sThe Final Bar, Dave shares how growth over value is less about the types of companies and more about the market cap represented in the largest benchmark names. He breaks down today's pop-and-drop for Bitcoin and answers questions from the newly-added...   READ MORE 

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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 defense...   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 sand for...   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 telltale...   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 and...   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