Market Misbehavior with David Keller, CMT

In the 67th episode of the Market Misbehavior podcast, Dave speaks with Peter Krull, Founder and Director of Sustainable Investing at Earth Equity Advisors.  Pete discusses lessons learned over two decades running sustainable portfolios, what investors should consider when evaluating ESG and SRI funds, "greenwashing" and the challenges of analyzing sustainability factors for companies, t...

In the 66th episode of the Market Misbehavior podcast, Dave speaks with Ian Reynolds, Director of Suberia Capital.  Ian discusses lessons learned as a market maker in London, the evolution of market structure and technology, managing the mental game of trading, upside for Bitcoin, inflection points for the US Dollar, and why investors need to pay attention to gold.  Recorded 9/9/25. You can learn...

In the 65th episode of the Market Misbehavior podcast, Dave checks in with Larry Tentarelli, Editor of the Blue Chip Daily Trend Report.  Larry describes his process for scaling in and out of positions, shares lessons learned from early days as a Merrill Lynch broker, describes how technical analysis and trend following tools completely changed his understanding of the markets, and breaks down his...

In the 64th episode of the Market Misbehavior podcast, Dave checks in with Jeffrey Huge, CMT, Founder of JWH Investments and editor of the Huge Insights newsletter.  Jeff highlights the strength in precious metals and cryptocurrencies in 2025, addresses high valuations and extended leverage readings, concerning divergences in momentum and breadth indicators, and applies Elliott Wave techniques to...

In the 63rd episode of the Market Misbehavior podcast, Dave speaks with John Kosar and Jack Kosar of Asbury Research. John and Jack talk about the dangers of market forecasting, why focusing on the evidence can lead to consistent performance, using technical models to better assess market conditions, and how to differentiate short-term pullbacks from more painful corrections.  Recorded 7/31/25. Yo...

In the 62nd episode of the Market Misbehavior podcast, Dave checks in with Callum Thomas, Founder and Head of Research at Top Down Charts.  Callum discusses his investment process, how he uses technical analysis concepts to analyze trends and inflection points in macroeconomic data, the importance of risk management for individual investors, seasonality for the S&P 500 and the VIX, how to make...

In the 61st episode of the Market Misbehavior podcast, Dave speaks with Bob Pisani, legendary CNBC Senior Markets Correspondent and author of "Shut Up and Keep Talking."  Bob shares insights from 30 years on the floor of the New York Stock Exchange, the balance between skill and luck for investing, the evolution of retail trading, the importance of behavioral economics, why baby boomers...

In the 60th episode of the Market Misbehavior podcast, Dave speaks with Adam Koos, President of Libertas Wealth Management.  Adam discussed early days as a financial advisor, how the introduction to technical analysis and the CMT Association helped him improve his investment approach, tips and tricks to manage the emotional side of investing, and how he uses charts to enrich relationships and have...

In the 59th episode of the Market Misbehavior podcast, Dave speaks with Mike Singleton, Senior Analyst and Principal at Invictus Research.  Mike discusses three key factors he uses to help understand the macroeconomic environment, a rotation from a hawkish to more dovish Fed, the message of narrow credit spreads, upside for Bitcoin, the impact of the weaker US Dollar, and the most important chart...

In the 58th episode of the Market Misbehavior podcast, Dave checks in with Adrian Zduńczyk, Founder of The ₿irb Nest.  Adrian explains how he uses technical analysis tools to analyze cryptocurrencies, the expansion in Bitcoin ETFs and increased adoption for crypto-related products, using on-chain data to track sentiment shifts, and what his groundbreaking work on Bitcoin seasonality with Jeff Hirs...

In the 57th episode of the Market Misbehavior podcast, Dave speaks with Victor Haghani, Founder & Chief Investment Officer at Elm Wealth.  Victor shares his personal experiences as a founding partner of Long Term Capital Management, the importance of probabilistic thinking, results from his famous coin flipping experiment, why bet sizing is the things most investors get horribly wrong, and oth...

In the 56th episode of the Market Misbehavior podcast, Dave talks investing strategies with Mike Webster, Senior Market Strategist at IBD.  Mike shares lessons learned from working with the great William O'Neil, how he developed the IBD Composite Rating and IBD Stock Checkup, what risk management means in 2025, how he identifies compelling ideas for IBD Swing Trader, and best practices for co...

In the 55th episode of the Market Misbehavior podcast, Dave speaks with Callie Cox, Chief Market Strategist at Ritholtz Wealth Management.  Callie address recessionary fears, the Fed and the spectre of stagflation, what the explosive growth in money market funds could mean for risk assets, separating short-term trends from long-term potential of artificial intelligence, and why investors should kn...

In the 54th episode of the Market Misbehavior podcast, Dave checks in with Jay Hatfield, Chief Investment Officer at Infrastructure Capital Advisors.  Jay breaks down the latest inflation data, reviews the Fed's actions taken in 2025, stresses the impact of corporate tax policy, talks through the market's incredible recovery from the tariff tantrum, and speaks to the strength in crude oi...

In the 53rd episode of the Market Misbehavior podcast, Dave speaks with legendary investor George Noble.  George talks about lessons learned from an internship with Peter Lynch in 1981, incredible successes and humbling moments managing the Fidelity Overseas Fund, overcoming the behavioral challenges in money management, and positioning through periods of market adversity.  Recorded 6/10/25. Check...

In the 52nd episode of the Market Misbehavior podcast, Dave checks in with Jessica Inskip, Director of Investment Research at StockBrokers.com.  Jessica shares the one thing individual investors get wrong, how they can use charts and other techniques to explore "second level" thinking, why the S&P 500 is approaching a "ceiling of uncertainty", what interest rates really mea...

In the 51st episode of the Market Misbehavior podcast, Dave speaks with Tom Bowley, Chief Market Strategist at EarningsBeats.  Tom discusses why technical analysis still adds value during periods of headline risk, his proprietary research on intraday price movements and fund flows, and how the growth-to-value ratio compares to the 2022 market peak.  Recorded 5/29/25. You can learn more about Tom a...

In the 50th episode of the Market Misbehavior podcast, Dave catches up with Chris Verrone, Chief Market Strategist at Strategas Research Partners.  Chris discussed how he's navigated the volatile market conditions of early 2025, balancing the long-term trends with short-term tactical shifts, how investors should think about cryptocurrencies, downside potential for precious metals, balancing m...

In the 49th episode of the Market Misbehavior podcast, Dave speaks with Jesse Felder, Editor of The Felder Report.  Jesse shared how he balanced macro themes with technical analysis tools, using long-term charts to avoid short-term noise, trading potential topping patterns for Apple (AAPL) and Nvidia (NVDA), what the oil-to-gold ratio suggests about upside potential for energy stocks, and how he u...

In the 48th episode of the Market Misbehavior podcast, Dave speaks with Gary Antonacci, author of Dual Momentum Investing.  Gary shares experiences from working with investing legends like Richard Dennis and Paul Tudor Jones, lessons learned in his early career from Bob Farrell and Richard Donchian, why investors struggle to stick with pure momentum strategies, and how he's improved on the du...

In the 47th episode of the Market Misbehavior podcast, Dave chats with Nick Raich, CFA, CEO of The Earnings Scout.  Nick describes how prices follow earnings over the long-term, what most investors get wrong about earnings analysis, the "alligator jaw" pattern and divergence between price and earnings, key takeaways from Q1 earnings season, potential impact of Trump tariffs, and combinin...

In the 46th episode of the Market Misbehavior podcast, Dave checks in with Jurrien Timmer, CMT, Director of Global Macro at Fidelity Investments.  Jurrien shares lessons learned from over the 30 years at Fidelity, his beginnings on a Wall Street bond desk, why bear markets tend to produce excellent buying opportunities, the importance of intermarket analysis, extreme valuations for stocks, and cha...

In the 45th episode of the Market Misbehavior podcast, Dave speaks with Megan Horneman, Chief Investment Officer at Verdence Capital Advisors.  Megan shares how active managers can evaluate the potential impact of tariffs and recessionary pressures, why diversification is so important during periods of elevated volatility, valuations for growth vs. value stocks, and which economic indicators are m...

In the 44th episode of the Market Misbehavior podcast, Dave catches up with legendary technical analyst John Roque of 22V Research.  John shares lessons learned from a successful career from the sellside at Natixis Bleichroder, to hedge funds including Soros Fund Management, and most recently with independent research firms.  He explains why relative strength is such an integral part of his invest...

In the 43rd episode of the Market Misbehavior podcast, Dave speaks with Jeff Huge, Chief Investment Strategist at JWH Investment Partners.  Jeff reflects on the strength in precious metals, explains why silver may be a better bet than gold, demonstrates the "real value" of the S&P 500 measured in terms of hard assets, shows how valuations suggest April 2025 may not be the buying oppo...