Choppy Markets, Energy Breakdown, and Tech Stabilizes | CHART THIS with Dave Keller (Dec 16)

In this Tuesday episode of CHART THIS, Dave walks through a choppy trading session that improved into the afternoon, with the S&P 500 recovering most of its early losses and the NASDAQ finishing in positive territory. While tech finally showed signs of stabilization after weeks of lagging, market breadth remained weak and only three sectors finished higher on the day.

Dave digs into the continued rotation beneath the surface, highlighting why energy was the clear laggard as crude oil broke to new lows. He explains why the energy sector is not a single story, breaking it down into upstream producers, services and equipment, and refiners, and why each group is responding differently to falling oil prices.

The episode also covers key charts across growth and value, including Tesla’s ongoing leadership, Alphabet testing short-term support, and select industrial names showing improving technical strength. Dave closes with a broader look at market structure, volatility conditions, and what needs to happen for the S&P 500 to transition out of its current sideways phase.

🎓 Take Dave’s FREE course on behavioral investing:
https://www.marketmisbehavior.com/fre...
📘 Check out Dave’s recommended reading list:
https://www.marketmisbehavior.com/rea...
🎯 Upgrade your market awareness with Seeking Alpha Premium
https://marketmisbehavior.com/seeking...

👉 Follow Dave on X: https://x.com/DKellerCMT
👉 Follow Dave on Bluesky: https://bsky.app/profile/dkellercmt.b...
👉 Follow Dave on Facebook:   / marketmisbehavior  
👉 Follow Dave on Instagram:   / marketmisbehavior  

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. Some of the links in this description and in the video may be affiliate links, which means you pay nothing more and it helps me to make Market Misbehavior awesome. As an Amazon Associate, I earn from qualifying purchases. For full disclaimer, please see our website: https://www.marketmisbehavior.com/dis...