David Keller, President of Sierra Alpha, was on TD Ameritrade’s Morning Trade Live with host Oliver Renick this past Thursday where they discussed the S&P 500 trading levels, breadth, momentum and Gold. To begin, David and Oliver hit on the overall indecision and lack of clarity in terms of the lack of direction in the […]
A Deep Dive into the Industry Groups of the Technology Sector
Technology stocks got crushed at the end of last year. The ETF that tracks the Technology Sector ($XLK) fell over 17% in Q4 2018. The sector is now up about 5% so far in 2019 and sits a hair above its 50-day moving average. Analysts have been talking about Technology a lot recently. It represents […]
David Keller, CMT on Why the S&P 500 is Headed Lower
David Keller, CMT, is the president and chief strategist of Sierra Alpha Research, a technical analysis research firm. Previously, Keller was managing director of research at Fidelity. This week, he made an appearance on Bloomberg along with host, Abigail Doolittle. He presented three charts that suggest the next move for the S&P 500 is lower. He […]
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