bob-lang

Bob Lang

Founder and Portfolio Manager — Bob has been trading options for himself and private clients for more than ten years. He uses a unique combination of technical indicators to find the best trending stocks that exhibit enormous velocity and ferocious movement. He often gets in front of these moves before they happen. Patience is Bob’s greatest trait — the chart pattern being the only reason to enter/exit a trade. Prior to this venture Bob managed portfolios for bigtrends.com, turning Grandslam and Extreme Options into the strongest performers in the company. Prior to Bigtrends, Bob worked with floor traders at Countrywide Capital, which came after Aztec Partners Limited Partnership. In the 90's he managed the Sunkist Growers 300 million dollar pension fund.

  • Jun 19, 2017, 12:03 PM

    Playing Pickle with the Market

    Remember as a kid playing pickle?  This is the game where say on a baseball field you are in a rundown between two bases, and players on the other team are trying to tag you out.  You run back and forth, dodge, duck and swerve to avoid a tag and make it safely to one of two bases.  It's a thrilling game and often filled with surprising moves. There are market trading strategies that are similar to the game of pickle, and we do our best to stay away from the tag that puts us out of[...]

  • Jun 12, 2017, 8:57 AM

    Human Behavior Creates Predictable Chart Patterns

    It was an interesting week in the stock market, with plenty of fear and greed to go around.  Same as it ever was, right?  As we analyze emotions and behavior they seem to parallel the price action in markets.  Excessive greed pushes prices ever higher, We saw new highs this week in names like Amazon and Google, while all of the most prominent indices at some point hit record highs during the week.  As prices continue to rise volatility shrinks and the perception about market[...]

  • Market News | Strategy | May 15, 2017, 8:12 AM

    Volatility and Holidays Are An Opportunity to Sell Premium

    Whenever we come upon a holiday it's time to take a breath and step back.  But as option traders, there is no such break as we are mindful of volatility and the option decay that constantly exists in these derivatives.  Time is a critical component of option value, and when there are fewer days to trade an option the decay becomes a detriment to the option buyer.  Over the next couple of weeks, the markets will be closed for a full session (Memorial Day).  Hence, over the next[...]

  • May 9, 2017, 9:34 AM

    Millennials Can Secure a Financial Future For Their Kids, Too

    Last week we talked about how the Millennials can get a jump on securing their financial future.  It can be as easy as putting a small amount of money aside regularly each week and month.  Today's article talks about being proactive and saving for the next generation.  It is mission critical to take an aggressive role to get them off to a good start, as the financial future for them and our country looks murky. With the financial constraints that may be encountered down the road,[...]

  • May 1, 2017, 10:06 AM

    Aiding Millennials to Achieve Financial Security and Independence

    As the dad of two upstanding children of the millennials generation, I'm excited about their future as the embark on their journey to conquer the world.  My kids turn 18 and 20 in May, and there is nobody more proud of their accomplishments than me.  My daughter is about the graduate high school with a strong GPA, works part time, has interests in politics and diplomacy along with an enormous talent in the arts (theater, song and dance).  She is off to college this fall. My son is[...]

  • Apr 17, 2017, 11:55 AM

    Showdown: The Fed Vs. The Bond Market

    It's a showdown at the 'O.K. Corral', with the Federal Reserve on one side and the massive bond market on the other side.  They have both taken positions, dug in their heels and for the first time in a long while they are staring each other down.  It's not common we see divergences between these two factions, but that is indeed what we have currently.  The stakes are high.  Investors and traders are watching both sides carefully, but for now there is no clue - and that is why[...]

  • Apr 10, 2017, 11:44 AM

    Can Trump Really Take Credit For This Recent Rally?

    We all are aware of the stock market at/near all time highs, a stunning run post-election.  President Donald Trump has taken some (most?) of the credit for a surge in stock prices, but is it all due to his election?  We can certainly say sentiment has improved since the election results were rendered, but there were other things happening that also deserve credit for that strong move upward in the stock market.  We should start by stating the obvious - a potential for strong fiscal[...]

  • Mar 27, 2017, 12:31 PM

    Markets Require Leadership to Rise

    I think the title might seem rather elementary, but nothing in market analysis is really too complex.  When the market is rising with great breadth and broad participation it tends to be longer-lasting and stable.  Recall that post-election we witnessed some amazing rally days, market breadth very strong and equally strong turnover.  That basics - a market rallying on higher volume and participation can lead to higher prices. Of course, nothing is a guarantee.  Yet, we follow[...]

  • Mar 20, 2017, 4:29 PM

    When and When NOT to Listen to Others

    I read the other day that some experts predicted the markets were going to be in trouble and start falling if the 10 year bond rose above 2.6%.  Listen, I believe there is a technical reason here, a price channel that would be penetrated from the start of about thirty years ago - hence, a long term trend breaking.  In addition, I also heard the recent rally was phony, something like the term 'fake news' being tossed around daily.  The rally is going to fail, it's only a matter of time; [...]

  • Mar 13, 2017, 9:21 AM

    The Impact of Low Volatility

    The volatility index, or VIX once again closed under 12% last Friday.  It has hovered in the range of 10-13% for the entire year of 2017, and really collapsed following the Presidential election, from a high in the low twenties.  That seems eons ago, right?  And with this low volatility comes frustration for those sitting on the sidelines waiting to get involved with the stock market.  Volatility is compressed right now, but of course that will change at some point, but we'll[...]

  • Mar 6, 2017, 9:42 AM

    FANG Stocks Still Have Some Bite Left in 2017!

    About four years ago, Jim Cramer asked me to assist him with the off the charts segment of CNBC's Mad Money.  At the time, the market was a getting ready to launch to new heights, and it was clear we needed to look at growth stocks.  The names we selected were Facebook, Amazon, Neflix and Google - the poster children of technology and growth.  Using the first letters of each name we came up with the acronym, and FANG was born.  See the clip below from 2013.      I[...]

  • Feb 28, 2017, 9:01 AM

    Apple is Slowly Blowing Companies Away

    The resurgence of Apple the stock has been an amazing turn of events from last summer when the stock appeared to headed down the drain.  It seemed everyone had written a eulogy for the company, saying Apple could only be considered a phone hardware company and nothing else.  The stock is flirting with all time highs now, and since the beginning of 2017 Apple is up a whopping 16% or so, making the biggest company in the world worth well over 600 billion dollars. But what I find fascinating[...]

  • Feb 21, 2017, 9:30 AM

    The Old Four Horsemen Are Riding High

    The four horsemen of the Apocalypse were so named in the New Testament of the Bible. They are a symbolic prophecy of the subsequent history of the Roman Empire.  In today's market world we often talk of the leading technology names, or 'horsemen' being Facebook, Amazon, Netflix and Alphabet (Google), which form the acronym FANG for which Jim Cramer and I together named this group back in 2013 on an episode of Mad Money.  These are the growth names of the present and future, the best of[...]

  • Feb 13, 2017, 10:00 AM

    Listen to the Message of the Markets

    There is no disputing the fact markets are in a bullish trend right now.  Since the election there has been few corrective days, and that seems to disturb some people.  Investors prefer to wait for those dips to buy, but that was require superior timing and execution.  Some are very good at this skill, and using technical analysis gives one a leg up on this timing - especially when the signs point to an overbought condition. As a technician, I look at many different indicators that[...]

  • Feb 6, 2017, 3:07 PM

    Breaking Some Bad Trading Habits - Part 2

    Last week we gave out a few bad trading habits that many of us seem to suffer from.  However, we are all different and have certain habits that make us feel comfortable.  Yet, some habits should be broken and not encouraged, as they will make us vulnerable.  I asked some of my close colleagues in the chat room what habits they could identify that hinder their performance, and which ones they need to break.  Some of these are below.  Your job - if you identify with any of[...]