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

What Took So Long? This Stock Market Selloff Was Expected

What Took So Long? This Stock Market Selloff Was Expected

Today's stock market selling could be a sign of a much more to come.

Stock Market Fundamentals Deteriorate; Are the Bears Becoming Frustrated?

Stock Market Fundamentals Deteriorate; Are the Bears Becoming Frustrated?

The stock indexes closed mixed as the internal market indexes continue to show negative divergences.

This Bubblicious Stock Market Keeps Going Higher And Higher

This Bubblicious Stock Market Keeps Going Higher And Higher

Even a poor jobs report could not keep the stock market down.

Stock Market's Intra-Day Selloff Could Be a Sign of Something Bigger Ahead

Stock Market's Intra-Day Selloff Could Be a Sign of Something Bigger Ahead

The stock market made a huge intraday reversal from a huge gain on Wednesday to close lower.

A New Trading Month Brings the Same Old Stock Market Conditions

A New Trading Month Brings the Same Old Stock Market Conditions

The stock market finished mixed on Tuesday with the same lack of volume.

Another Month Over, Another Stock Market Closing High on No Volume

Another Month Over, Another Stock Market Closing High on No Volume

The stock indexes finished the month of August at new all-time highs. August volume was one of the lowest in years.

In This Stock Market, What Goes Up Will Come Down Hard, on No Volume

In This Stock Market, What Goes Up Will Come Down Hard, on No Volume

The stock indexes closed mixed on Wednesday with all indexes in extreme overbought territory. Volume set a new YTD low.

S&P 500 Hits a New High on the Lowest Volume of 2014

S&P 500 Hits a New High on the Lowest Volume of 2014

This stock market continues to go higher on lower and lower volume. If that is bullish, someone needs their head examined.

Stock Market Continues Rise but That Won't Last This Week

Stock Market Continues Rise but That Won't Last This Week

The stock indexes will all be extreme overbought on Tuesday if they open higher. I am looking for an intraday turn to the downside.

Nasdaq's Extreme, Overbought Signal Means It Will Go Lower Next Week

Nasdaq's Extreme, Overbought Signal Means It Will Go Lower Next Week

The stock indexes closed mixed on Friday with the Nasdaq closing higher with an extreme overbought condition. It cannot stay there.