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

This Stock Market Is Not for Amateurs, Part 2

This Stock Market Is Not for Amateurs, Part 2

Stock market volatility remains. How's your risk management process doing?

This Stock Market Is Not for Amateurs

This Stock Market Is Not for Amateurs

This 2014 stock market is disfunctional. The indices are extremely volatile, with no clear direction.

Time to Tread Carefully in This Stock Market

Time to Tread Carefully in This Stock Market

The DJIA and the S&P 500 remain in overbought territory. The Nasdaq is close behind, with the Russell 2000 far behind and weak.

Temper Dow Growth Optimism on Volume Concerns

Temper Dow Growth Optimism on Volume Concerns

The Dow closed at a new 2014 high, but with lack of buying volume, traders and investors need to be cautious.

What a Dizzying Day in the Markets

What a Dizzying Day in the Markets

The DJIA and the S&P 500 once again led to the upside. How long can we have the DJIA and S&P vs. the Nasdaq and Russell 2000?

I Told You So: The Market Selloff Is Here

I Told You So: The Market Selloff Is Here

The stock market sold off on increasing downside volume. This was anticipated event based on action of the indexes.

Is This the Best the Markets Can Do?

Is This the Best the Markets Can Do?

Despite stellar news from Apple and Facebook, the markets went nowhere Thursday. There's a serious selloff on the horizon.

The Market's Winning Streak Ends

The Market's Winning Streak Ends

The winning streak for the Nasdaq, Russell 2000, and the S&P 500 ended on Wednesday at six days in a row. Volume was pathetic once again, which is a very bad sign.

S&P, Nasdaq, Russell on 6-Day Win Streak

S&P, Nasdaq, Russell on 6-Day Win Streak

Volume, however, continues to be a major concern on the upside.

3 of 4 Indexes Make It to the Upside This Week

3 of 4 Indexes Make It to the Upside This Week

Only the DJIA closed to the downside this shortened trading week.