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

An Oversold, Dead Cat Bounce Within a Bearish Trend

An Oversold, Dead Cat Bounce Within a Bearish Trend

The downside should continue this week

All the Stock Market Indexes Are in Bearish Trend Territory

All the Stock Market Indexes Are in Bearish Trend Territory

The stock market indexes are now all in sync in Bearish Trend territory.

Wednesday's Gains Are Thursday's Pain

Wednesday's Gains Are Thursday's Pain

Within 24 hours, all of Wednesday's stock market gains were wiped out. The trend is now bearish.

From Carnage to Euphoria in the Nasdaq and Russell 2000 in Just Two Days

From Carnage to Euphoria in the Nasdaq and Russell 2000 in Just Two Days

The indices have had an impressive two-day run off the lows on Monday. Is this for real or a relief rally within a bearish trend?

Carnage in the Nasdaq and Russell 2000 Indexes

Carnage in the Nasdaq and Russell 2000 Indexes

The selling continued as both the Nasdaq and Russell 2000 have entered into Trend Bearish territory.

DJIA and S&P Finally Succumb to the Nasdaq and Russell 2000

DJIA and S&P Finally Succumb to the Nasdaq and Russell 2000

The DJIA and S&P 500 finally see some serious selling pressure.

DJIA, S&P 500 Continue to Outperform Others

DJIA, S&P 500 Continue to Outperform Others

The DJIA and the S&P 500 continue to outperform the Nasdaq and Russell 2000 on a daily basis. This is not good news for the intermediate term.

Another All-Time Bubble High for the S&P 500

Another All-Time Bubble High for the S&P 500

The S&P 500 set another all-time bubble high as the short hedge funds scrambled to buy the high after selling the low last week.

Third Time the Charm for the S&P 500

Third Time the Charm for the S&P 500

It took the S&P 500 Index three runs in the past month to finally set a new all-time high, on April 1. No fooling.