Louis Llanes, founder of Wealthnet Investments chats with Dave Keller about technical analysis and behavior biases that affect investment strategies.
David Keller, CMT is Chief Market Strategist at StockCharts.com and President of Sierra Alpha Research LLC, where he helps investors minimize behavioral biases through technical analysis. He is the host of The Final Bar, the daily closing bell show on StockCharts TV, and he relates mindfulness techniques to investor decision making in his blog, The Mindful Investor. Dave is a Past President of the CMT Association and was formerly a Managing Director of Research at Fidelity Investments. You can follow his thinking at MarketMisbehavior.com
In this episode you'll hear:
- What exactly technical analysis is and why it's needed
- How music and technical analysis in the financial world are related
- The biggest behavioral biases that both professional and individual investors really struggling with
- Top errors that analysts and professionals in the field tend to make
- How fundamental analysts can incorporate technical analysis to help them remove biases
- What Dave sees as the overall trend in the US Equity Market today