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

Stock Indexes up Big on Thursday on Low-Volume SPY Trading

Stock Indexes up Big on Thursday on Low-Volume SPY Trading

As anticipated, the stock indexes traded higher on Thursday from an oversold signal on Wednesday, although the volume was very light.

After Two Down Trading Days, Stocks Are Set to Bounce Higher

After Two Down Trading Days, Stocks Are Set to Bounce Higher

For the second day in a row, stocks fell and are now in oversold territory before the release of the U.S. Retail Sales number on Thursday

Markets Move to Oversold in Big Down Day for Dow, Nasdaq

Markets Move to Oversold in Big Down Day for Dow, Nasdaq

The DJIA and the S&P 500 stock indexes are red for the year 2015 while the Nasdaq 5000 is history for now.

Stocks Closed Higher on Thursday Ahead Of The All-Important Friday Jobs Numbers

Stocks Closed Higher on Thursday Ahead Of The All-Important Friday Jobs Numbers

Friday's jobs number release will be a market moving event one way or the other. Stocks could see continued downward pressure on a poor number.

Expect the Markets to Rebound Heading Into Friday's Jobs Report

Expect the Markets to Rebound Heading Into Friday's Jobs Report

With the S&P 500 down five out of the last six trading days, expect to see some bounce over the next day or two.

The Nasdaq Is on a Mission to Close at a New All-Time High

The Nasdaq Is on a Mission to Close at a New All-Time High

The three stock indexes continue to set new all time highs as they bring the Nasdaq along for the ride.

Stock Market Finishes February With Massive Gains but Buyer Beware

Stock Market Finishes February With Massive Gains but Buyer Beware

February was a good month until the last trading day, with a lower close on increased downside volume.

Janet Yellen's Dovish Testimony Provides Another Stock Boost

Janet Yellen's Dovish Testimony Provides Another Stock Boost

Stock indexes are near all-time highs on a new volume low in 2015 in the exchange-traded fund tracking the S&P 500. This is not healthy.

Stock Bulls, Be on Your Guard in This Overbought Market

Stock Bulls, Be on Your Guard in This Overbought Market

We have a low-volume stock market that has gone higher on air.

Stock Indexes at New All-Time Highs on Low Volume: Will It Continue?

Stock Indexes at New All-Time Highs on Low Volume: Will It Continue?

Three of the four stock indexes finished the week at all-time highs. Is this the beginning or the end of the higher move? Time will tell.