This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
$1 buys you full access to ALL of TheStreet's Subscription Services! Learn More

Richard Gobel


Richard Gobel, owner and operator of Strategic Stock Trades, has more than 30 years of experience in the investment business.


Over the past few years, he has been using technical analysis and algorithms to develop day-to-day trading strategies to make financial decisions.


One of the keys to his success has been seeking out extreme conditions in the action of stocks. Using those extreme set-ups has guided him in initiating long and short positions based on trading algorithms to track extreme set-ups. When a stock is at its most extreme overbought condition, it will be flashing between 99-100 on his Extreme Set-Up scale. And when it is at its most oversold condition, the stock will be flashing between 1-0.

Richard Gobel
By This Author:
Page 2 of 12

In This Stock Market, What Goes Up Will Come Down Hard, on No Volume

By Richard Gobel

The stock indexes closed mixed on Wednesday with all indexes in extreme overbought territory. Volume set a new YTD low.

05:25PM 08/27/14

S&P 500 Hits a New High on the Lowest Volume of 2014

By Richard Gobel

This stock market continues to go higher on lower and lower volume. If that is bullish, someone needs their head examined.

05:28PM 08/26/14

Stock Market Continues Rise but That Won't Last This Week

By Richard Gobel

The stock indexes will all be extreme overbought on Tuesday if they open higher. I am looking for an intraday turn to the downside.

05:48PM 08/25/14

Nasdaq's Extreme, Overbought Signal Means It Will Go Lower Next Week

By Richard Gobel

The stock indexes closed mixed on Friday with the Nasdaq closing higher with an extreme overbought condition. It cannot stay there.

05:32PM 08/22/14

Another S&P Closing High -- Do Traders Have a Sense of Capitulation?

By Richard Gobel

All indexes are now extremely overbought. Just wait until Janet Yellen speaks Friday.

05:31PM 08/21/14

S&P 500 Near an All-Time Closing High? I Could Care Less

By Richard Gobel

The stock indexes are all in overbought territory and the Nasdaq and SPY will be extremely overbought on a 'green' open tomorrow.

05:52PM 08/20/14

All-Time Highs on No Buying Volume? Does It Matter Anymore?

By Richard Gobel

The stock indexes are approaching all-time highs again with no volume to speak of. There is no buying conviction so buyer beware.

05:12PM 08/18/14

Stock Market Volatility Returns Along With Heavy Trading Volume

By Richard Gobel

The stock indexes were whipsawed as triple witching option expiration and other tensions created heavy volume.

05:39PM 08/15/14

Stock Market Continues Rise While Volume Continues Fall

By Richard Gobel

his is not a bullish scenario as the hedge funds can resume the selling at any time.

06:47PM 08/14/14

As Predicted, Stock Market Indexes Higher but on No Volume

By Richard Gobel

The stock indexes finished higher on Wednesday, as expected, with no volume. This is bearish on the margin.

05:21PM 08/13/14

Page 2 of 12

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
DOW 17,810.06 +91.06 0.51%
S&P 500 2,063.50 +10.75 0.52%
NASDAQ 4,712.97 +11.1030 0.24%

Brokerage Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs