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

Don't Be Too Quick at Buying This Stock Market After Selloff

Don't Be Too Quick at Buying This Stock Market After Selloff

Friday's stock market action proved Thursday's rally wasn't long lived.

Was Thursday's Trading a Sucker's Rally In the Stock Market?

Was Thursday's Trading a Sucker's Rally In the Stock Market?

The stock market was higher on Thursday, but finished well off its intra-day highs on strong volume.

Investors and Traders Should Be Cautious Following Down Day in the Markets

Investors and Traders Should Be Cautious Following Down Day in the Markets

Technical indicators suggest that the markets could go lower even after a day of big losses in the markets.

Stocks Are Down, Then Up in a Confusing Day of Investing

Stocks Are Down, Then Up in a Confusing Day of Investing

Technical indicators signaled a confusing day of investing. Oversold stocks like Apple made a comeback after being down sharply.

DJIA and Nasdaq Close Lower After Last Week's Record Highs

DJIA and Nasdaq Close Lower After Last Week's Record Highs

Smart investors were cautious Monday as the markets closed down from record highs a week ago.

Daily Market Recap: Don’t Chase Even More Upside in This All-Time High Market

Daily Market Recap: Don’t Chase Even More Upside in This All-Time High Market

Investors should be cautious as the stock indices rise higher -- but there are still good buys in select sectors.

Stocks' Stunning Surge Sets the Table for Possible Fed Action Wednesday

Stocks' Stunning Surge Sets the Table for Possible Fed Action Wednesday

The stock indexes turned around big in midday trading after starting lower.

Stock Market Continues Fall; Time to Buy Bonds and Gold

Stock Market Continues Fall; Time to Buy Bonds and Gold

The stock indexes finished off of their lows of the day with a good amount of selling across the board.

Another Mixed Stock Market Day but Indexes May Go Higher Friday

Another Mixed Stock Market Day but Indexes May Go Higher Friday

The stock indexes shed most of their losses Thursday as the indexes position themselves for another move higher.

U.S. Stocks Stage Unimpressive Rebound as Apple Leads the Way

U.S. Stocks Stage Unimpressive Rebound as Apple Leads the Way

The major stock indexes rebounded on Wednesday but will it continue Thursday?