Richard Gobel

Richard Gobel, owner and operator of Strategic Stock Trade, 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.

Recent Articles By The Author

Rally? So What? The Stock Market Is Still Trending Bearish

Rally? So What? The Stock Market Is Still Trending Bearish

The stock indexes moved higher Wednesday on decelerating upside volume.

Stock Indexes Rose From an Intraday Oversold Signal, as Expected

Stock Indexes Rose From an Intraday Oversold Signal, as Expected

The stock indexes closed higher on Monday after opening on the downside and turning higher from an oversold condition.

Thar She Blows, Volume 2: Time to Closely Read the S&P 500 Signals

Thar She Blows, Volume 2: Time to Closely Read the S&P 500 Signals

The stock indexes tool another hit Friday on huge downside volume.

Thar She Blows! The Fed-Induced Stock Bubble Has Popped

Thar She Blows! The Fed-Induced Stock Bubble Has Popped

Today's selloff across the board came on huge volume.

The Market's Roller-Coaster Ride Continues With Volatility at the Forefront

The Market's Roller-Coaster Ride Continues With Volatility at the Forefront

The stock indexes continued their volatile ride as the U.S.GDP number did not provide the upside that was expected.

Buying the Dips and Selling the Rips Is the New Norm for This Market

Buying the Dips and Selling the Rips Is the New Norm for This Market

The stock market continues to make wild intraday swings and traders need to be extremely careful.

How Many More 100-Point-Swing Days on the DJIA Can You Take?

How Many More 100-Point-Swing Days on the DJIA Can You Take?

The stock indexes fluctuated wildly on Monday as the hedge funds trading the S&P between the daily trading range.

Where Does the Stock Market Go From Here Next Week?

Where Does the Stock Market Go From Here Next Week?

The stock market had a selloff Friday on increased volume.

Ho-Hum, Another Boring Day of Little Volume in the Markets

Ho-Hum, Another Boring Day of Little Volume in the Markets

This volatile market is not for anyone who does not have a risk management process.

The S&P 500 Closes at Yet Another All-Time Closing High on No Volume

The S&P 500 Closes at Yet Another All-Time Closing High on No Volume

The stock indexes closed mixed on Wednesday with the S&P 500 setting a new all-time closing high.