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

Visions of 2014 in Today's Stock Market as Low Volume Returns

Visions of 2014 in Today's Stock Market as Low Volume Returns

The stock market has no sense of direction or knows what it wants to do on a day-to-day basis.

Stock Traders Get a Do-Over With Stock Indexes Flat in 2015

Stock Traders Get a Do-Over With Stock Indexes Flat in 2015

Two months into the new year and a tug of war has developed between the bulls and bears.

Volatility Continued in the Stock Indexes: Headed for Another Epic Bust?

Volatility Continued in the Stock Indexes: Headed for Another Epic Bust?

Stock market bulls need to take notice of the underlying signals in the stock market that are not so bullish.

Hey, Bulls: This Stock Market Is Signalling It's Going Down

Hey, Bulls: This Stock Market Is Signalling It's Going Down

The stock market remain volatiles and the bears now have the advantage.

Stock Market Volatility Continues With No End in Sight Next Week

Stock Market Volatility Continues With No End in Sight Next Week

Better prepare for the end of the centrally planned stock market bubble.

Markets Up Slightly Ahead of ECB Bond Buying Announcement

Markets Up Slightly Ahead of ECB Bond Buying Announcement

The stock market was higher for the third day in a row on lower volume as 'Dr. Draghi's' drugs are at the forefront on Thursday.

Stock Market Bounces After 5 Days but Will That Continue?

Stock Market Bounces After 5 Days but Will That Continue?

The stock indexes need to go lower before a more sustained upside move lasts more than a day or two.

Again? Stock Indexes End Lower for Fifth Consecutive Day

Again? Stock Indexes End Lower for Fifth Consecutive Day

A buying opportunity is near.

How Low Can It Go? Market Drops for Fourth Day on Strong Volume

How Low Can It Go? Market Drops for Fourth Day on Strong Volume

A bounce is near.

The Stock Market Roller Coaster Has the Bulls Feeling Dizzy

The Stock Market Roller Coaster Has the Bulls Feeling Dizzy

A market that starts nearly 300 points higher before finishing the day in the red is not a bullish signal.