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

Another Trading Day Without Significant Volume Up or Down

Another Trading Day Without Significant Volume Up or Down

The stock indexes finished on the downside Monday as profit taking set in from all-time closing highs.

A Euphoric Stock Market Setting All-Time Highs Built on Air

A Euphoric Stock Market Setting All-Time Highs Built on Air

As this stock market continues its parabolic rise on air, the short hedge funds are showing signs of capitulation.

Another Day, Another All-Time Closing High for the DJIA and S&P 500

Another Day, Another All-Time Closing High for the DJIA and S&P 500

The S&P 500 Trust Series ETF's volume set a new 2014 low as the DJIA and S&P 500 set a new all-time high.

More New Highs? Will This Stock Market Ever Come Down?

More New Highs? Will This Stock Market Ever Come Down?

I may be the only skeptic remaining. That is just fine with me.

This U.S. Stock Market Is Not Dealing in Reality as It Moves Higher

This U.S. Stock Market Is Not Dealing in Reality as It Moves Higher

The stock market on Monday closed out the second quarter in mixed fashion. The DJIA is oversold while the Nasdaq is overbought.

When Will the Stock Market Avalanche Finally Happen?

When Will the Stock Market Avalanche Finally Happen?

The Fed-induced stock market bubble is coming closer to popping.

Volatility Was Front and Center in Thursday's Stock Trading

Volatility Was Front and Center in Thursday's Stock Trading

In what appeared to be a stock market rout early on, the indexes had an intraday turn and closed well off their lows on low volume.

An Awful GDP Number Could Not Keep the Stock Market From Going Higher.

An Awful GDP Number Could Not Keep the Stock Market From Going Higher.

The stock market rises as the U.S.economy continues to slow. What's happening here?

A Stock Market Selloff With Some Volume and Power Behind It

A Stock Market Selloff With Some Volume and Power Behind It

The stock indexes closed down on Tuesday after an intraday turn from the upside. The downside volume was big in comparison to the upside volume for the past month.

A 6 for 6 Market as the DJIA And S&P 500 Close at All-Time Highs

A 6 for 6 Market as the DJIA And S&P 500 Close at All-Time Highs

As the stock indexes continue their climb higher and higher, be more and more cautious.