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

Looks Like the Bulls Declared Victory Too Early This Time

Looks Like the Bulls Declared Victory Too Early This Time

The bears were out in full force Friday, a reminder to the bulls that they will not go away.

The Bulls Are Back in Charge After a Two-Day Market Ramp Higher

The Bulls Are Back in Charge After a Two-Day Market Ramp Higher

The bulls are back in charge after two days. Or, are they? At this point, we are seeing a bounce.

Stock Market Bulls Are Feeling Pain as 2015's Trading Begins

Stock Market Bulls Are Feeling Pain as 2015's Trading Begins

The stock market continues to give back many gains made in December.

Stocks End the Day Lower and the Year With a Bang; What's Next?

Stocks End the Day Lower and the Year With a Bang; What's Next?

The four major stock indices ended December lower.

Santa Claus Rally Continues With Stock Indexes Reaching 2014 Highs

Santa Claus Rally Continues With Stock Indexes Reaching 2014 Highs

But how high can this stock market go before the plugged is pulled?

Market Caps Incredible Upside Move but Still Lower Than Last Week

Market Caps Incredible Upside Move but Still Lower Than Last Week

The three major stock indexes tried but last week's drop couldn't be completely overcome.

Stock Market's Two-Day Rally Has Bulls and Bears Wondering, What Gives?

Stock Market's Two-Day Rally Has Bulls and Bears Wondering, What Gives?

Was the stock market move the past two days generated by short hedge funds caught leaning the wrong way?

Stock Indexes Soared Wednesday With Help From Fed Chair Janet Yellen

Stock Indexes Soared Wednesday With Help From Fed Chair Janet Yellen

After the conclusion of the FOMC meeting the stock market resumed its bubble-like features.

Tuesday's 400-Point Reversal Has Bulls Scratching Their Heads

Tuesday's 400-Point Reversal Has Bulls Scratching Their Heads

The market's roller coaster started lower, then up 247 points before closing lower again. Apple and Coca-Cola are among the stocks to buy this week.

Stock Market Momentum Reverses Course Amid Bearish Signals

Stock Market Momentum Reverses Course Amid Bearish Signals

What the hedge funds were chasing and buying a few short weeks ago has now switched to selling those same issues