Articles written by David Keller - Benzinga

The One Chart To Watch As S&P 500 Makes New All-Time Highs

As the S&P 500 and Nasdaq 100 have once again made new all-time highs, and the Dow Jones Industrial Average has briefly broken above the 40,000 level for the first time, how should we think about further upside for our equity benchmarks?

Three Breadth Indicators To Confirm A Bullish Market Trend Or Any Sign Of Trend Exhaustion

There’s no denying the strength the major averages have displayed off their April lows. The S&P 500 finished last week within a rounding error of the previous all-time high around 5250. What would it take for the SPX and NDX to power to new all-time highs in May?

The Bull Case For Buffett's Biggest Holding As Investors Hold Their Annual Meeting

As investors flock to Omaha, Nebraska, in their annual pilgrimage to learn from the great Warren Buffett, it seemed an opportune time to reflect on the technical evidence for Berkshire’s biggest holding, Apple (NASDAQ: AAPL).

S&P 500 Makes A New All-Time High By End Of June? Outlining Four Potential Scenarios Through End Of Q2

We’ve been covering the signs of weakness for stocks, from the bearish divergences in March, to the mega cap growth stocks breaking through their 50-day moving averages, and even the dramatic increase in volatility often associated with major market tops.

S&P 500 Flashes Major Topping Signals- Is This The End Of the Great Bull Market Of 2024?

Toward the bottom of my Mindful Investor LIVE ChartList, there is a series of charts that rarely generate signals.

Key Volatility Indicator Flashes Bear Signal- Is This The Beginning Of The End For The Bull Market?

The VIX ended last week just above 16, bringing it to its highest level in 2024. What does this tell us about investor sentiment, and how does this compare to previous market cycles?

Which Magnificent 7 Stock Would You Pick for Q2? Using the Single Stock Portfolio Approach to Identify Future Winners

This article represents an exercise I like to call the “Single Stock Portfolio”. You can only own one stock in your portfolio for the next three months, and you can pick any one of the following eight stocks. Which one would you select, and why?

What's The Downside Risk For QQQ? Playing A Leadership Rotation From Growth To Value

The Nasdaq 100 ETF (NASDAQ: QQQ) is beginning to show further signs of deterioration, from bearish momentum divergences between price and RSI to weakening breadth using the Bullish Percent Index. How can we determine whether a pullback could turn into something more disastrous for stocks? Let’s look at how t

Bearish Engulfing Pattern Marks Top For Nvidia? Candle Patterns Suggest Dangerous Waters For Leading Growth Stocks

Large cap growth stocks have been outperforming for quite some time, with semiconductors perhaps the most representative of the strength of that trade in recent months. In fact, the semiconductor ETF (NASDAQ: SMH) finished last week up 29% year-to-date, far outpacing the S&P 500 and Nasdaq 100 which are both up abou

Will Growth Stocks Fall Victim To Seasonal Weakness? Breaking Down Four Potential Scenarios For QQQ

We’ve highlighted all the warning signs as this bull market phase has seemed to be nearing an exhaustion point. We shared bearish market tells, including the dreaded Hindenburg Omen and how leading growth stocks have been demonstrating questionable patterns. But despite all of those signs of market exhaustion, our growth-led benchmarks

Meta, Amazon, And Netflix: Will These Three Leading Growth Stocks Hold Gap Support?

After a remarkably bullish January, which continued the strong market action in November and December, February has had a distinctly different feel. But while breadth conditions have certainly become less bullish than they were at year-end 2023, and the Hindenburg Omen has announced a potential end to the bullish phase, the growth leadership names

Beware The Hindenburg Omen: A Famous Indicator At Market Tops Registers Bearish Signal For S&P 500

The S&P 500 shall heretofore be known as an index that has broken the incredible 5,000 level. That alone is a pretty amazing milestone for a benchmark that was down around 3500 just over a year ago! But another significant signal may be developing as well, the dreaded Hindenburg Omen. What is the Hindenburg Omen, and what does it actually represent?

Tesla Tests A Confluence Of Support, Suggesting Short-Term Upside: But Is This A Trade? Or An Investment?

There is no denying that Tesla Inc. (NASDAQ: TSLA) has been a big-time outlier out of the Magnificent 7 stocks. While names like Meta Platforms, Inc.

Magnificent 7 Stocks: Are These Leading Growth Names Overheated, Or Are They 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.

S&P $4300 By End Of February? Laying Out The Odds For A Weaker Q2 For Equity Benchmarks

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, last week saw the S&P 500 push right back up to all-time highs.

S&P 500 Seasonality Suggests Weakness In Q1, And These Three Charts Could Help You Navigate The Choppy Waters

OK, I literally tried to think of the most bearish headline possible. To be clear, I’m actually still bullish on the long-term structure of this market. I’ve learned that when my Market Trend Model is bullish on the long-term and medium-term time frames, the primary trend is still positive. And that’s not a judgment call;

Extreme Breadth Readings Say Short-Term Bearish, Long-Term Bullish For S&P 500 And Nasdaq 100

By late October 2023, 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 barometer. What a change we’ve seen in the last six weeks!

Will The S&P 500 Remain Above $4600 Through Year-End? Overextended Breadth Indicators And Overbought Conditions Suggest Doubt

There's no denying the strength we've seen in risk assets since the October market low. When my Market Trend Model turned bullish on all three time frames in mid-November, it was difficult to deny the overwhelming positive momentum for equities. This strong upward momentum has now brought the major indexes up

Pullback Imminent For Nasdaq 100: Outlining Four Potential Scenarios For The QQQ

I think last Friday’s session was telling in that the S&P 500 finished the week up about 1% while the Nasdaq 100 was nearly flat. The top two sectors on Friday’s session were Real Estate and Industrials. The bottom two sectors? None other than the two top-performing sectors in 2023: Technology and Communication Services.

My Market Trend Model Is Pretty Bulled Up- What Does This Mean For Risk Assets Through Year-End 2023?

Am I bullish or bearish? Should I be focusing more on capital growth or capital preservation? Do I have permission to buy breakouts?