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

Markets Reversed Last Week's Selloff This Week

Markets Reversed Last Week's Selloff This Week

In what is become a volatility driven stock market, traders need to stay alert.

Stocks Closed Slightly Lower as Strong Dollar Retreats

Stocks Closed Slightly Lower as Strong Dollar Retreats

Stocks digested Wednesday's huge gains with narrow losses as the Fed has the markets back.

Markets Think Fed Won't Hike Rates in December

Markets Think Fed Won't Hike Rates in December

With the release of the October Fed minutes, it appears there will be no interest rate hike.

Expect Market Volatility From Now Until Interest Rate Announcement in December

Expect Market Volatility From Now Until Interest Rate Announcement in December

The stock indexes had a wide swing on Tuesday. Expect this as the norm until December.

Stocks Finish the Week With a Brutal Selloff

Stocks Finish the Week With a Brutal Selloff

After the Federal Reserve interest rate rhetoric, stocks continue the huge downside move.

Stock Indexes Continue Lower As Fed Talks Rate Hike

Stock Indexes Continue Lower As Fed Talks Rate Hike

All stock indexes are now down in excess of 2% for the week.

S&P 500 Finishes Lower for the Fifth Day of the Last Six

S&P 500 Finishes Lower for the Fifth Day of the Last Six

This stock market is feeling heavy, but should have one more ramp higher before we move lower.

Stock Market Risk Is at All-Time High and Nobody Is Noticing

Stock Market Risk Is at All-Time High and Nobody Is Noticing

As the stock indexes continue trading near all-time highs, there are many cracks under the surface.

Stock Market Finished Week on Sour Note, All Indexes Lower

Stock Market Finished Week on Sour Note, All Indexes Lower

China set the stage for a market selloff on Friday by imposing new short selling regulations.

Stock Indexes End the Trading Week on a High Note, Low Volume

Stock Indexes End the Trading Week on a High Note, Low Volume

Stocks finished higher to close the trading week, but the lack of volume and liquidity is an issue going forward.