Market Misbehavior with David Keller, CMT

Would you rather Make Money, or Be Right? | 2026 Market Technicals & Trends with Dean Christians

Dave Keller, CMT

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0:00 | 40:48

In this episode of the Market Misbehavior podcast, Dave is joined by Dean Christians, founder and lead market strategist at Turning Point Market Research. Recorded May 8th, 2026

Dean shares what he’s learned from his early days in the Chicago Board of Trade options pits and how that "kill or be killed" mentality shaped his highly disciplined, evidence-based approach to technical analysis. We dig into how the market is currently climbing a macro "Wall of Worry," why 52-week lows are the single most critical indicator to monitor in a bull market, and how to use trend persistence and relative strength to find market leaders. The conversation also explores why current weak market breadth feels eerily similar to the stealth bull market of the early 1990s, and why investors must constantly ask themselves the ultimate Ned Davis question: "Do you wanna be right, or do you wanna make money?"

📈 Topics Covered
• Lessons from the Chicago Board of Trade pits: Why grit and determination often beat an Ivy League education
• Climbing the 2026 "Wall of Worry": The impact of elevated oil prices and interest rates on the Consumer Discretionary and Housing sectors
• Dean’s technical framework: Blending macro composite models with absolute trend and relative strength
• Why "trend persistence" (consecutive closes above the 10-day moving average) is a massive sign of a healthy market
• Debunking the "Sell in May" seasonality myth in favor of pure price action and trend analysis
• Why current weak market breadth—driven by rolling stealth corrections—mirrors the grinding bull market of the early 1990s
• Understanding sentiment: Why high optimism isn't necessarily a top, because "you need bulls to have a bull market"
• Why 52-week lows (not 52-week highs) are the ultimate warning sign to monitor for a major market correction
• Non-AI market opportunities: Identifying bullish technical rotations in industrial metals (lithium, copper) and agricultural grains

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The content in this presentation should not be considered as a recommendation to buy or sell any security. All information is intended for educational purposes only and in no way should be considered as investment advice.