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.

  • Apr 10, 2017, 11:44 AM

    Can Trump Really Take Credit For This Recent Rally?

    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

    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

    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 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!

    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

    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 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

    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

    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[...]

  • Education | Strategy | Jan 30, 2017, 3:38 PM

    Trading to Win? Break Those Bad Habits

    Trading to Win?  Break Those Bad Habits

    We are all creatures of habit, and with so much going around us in our lives at the speed of light we tend to fall into some set routines. That is often the case for us as option traders, and while some routines are efficient and allow us to make quick decisions, others can be quite harmful and cause some dangerous missteps.  Many of us are unaware of these habits, they become instinctual.  When that occurs the bad habits become tough to break. Our habitual characteristics are different[...]

  • Trader Talk | Jan 17, 2017, 11:49 AM

    Jesse Livermore: Lessons From the Greatest Trader

    Jesse Livermore:  Lessons From the Greatest Trader

    From the Mind of the Greatest Trader - Jesse Livermore Starting the new year is a great time to reflect on what happened on the past but also to look ahead of what's to come.  My reflection is about my trading history and analyzing where I can become better.  I also look to others to see where I can pick up ideas to improve.  One of my favorite trading books of all time is Reminiscence of a Stock Operator by Edwin Lefevre.  It is the true life story of Jesse Livermore, a stock[...]

  • Education | Jan 9, 2017, 10:57 AM

    Master the Four Fears of Trading - Part 2

    Master the Four Fears of Trading - Part 2

    Last week we discussed two of the four fears of trading, specifically the 'fear of missing out' and the 'fear of loss', today we'll discuss the 'fear of being wrong' and the 'fear of letting a gain turn into a loss'.  Famed trader psychologist Mark Douglas talked about these fears in his stellar book 'Trading in the Zone'.  As traders and investors we all become gripped by the violent reactions of our own emotions. There is nobody who is immune to emotional responses to changes in wealth. [...]

  • Market News | Education | Jan 3, 2017, 10:23 AM

    Getting Past The Four Fears of Trading - Part 1

    Getting Past The Four Fears of Trading - Part 1

    As we embark on a new year, we can learn from the past to help us bolster our efforts into the future.  Change is always good, but there are some things very tough to alter - our emotions.  Try as we may to check our emotions at the door, as traders/investors there is often too much going on to just be emotionless.  When money is on the line we suffer from the emotional responses of fear and greed.  We are ALL wired this way and find ourselves somewhere on the spectrum - there[...]

  • Market News | Dec 27, 2016, 9:35 AM

    Improve Your Trading, Know Thyself

    Improve Your Trading, Know Thyself

    If you have been following me for some time then you know I'm all about learning, self-improvement and advancement in trading.  Eyes wide open, ears perked up.  Those who choose to move forward and become better are those who see the opportunity to learn at every turn, be it an obstacle or a wall.  We gain knowledge from each experience good or bad, we learn about ourselves and others. How we react to situations and events is a sign of how far we have in our learning.  Trading[...]

  • Market News | Education | Strategy | Dec 19, 2016, 9:33 AM

    Learn Trading in Different Dimensions

    Learn Trading in Different Dimensions

    As traders and investors, we often see outcomes through the prism of win or lose. We will all have both over time, trading is not a game of perfect.The goal of course is to win more than you lose. Some measure their success where they make it into the win/loss column, and while it's true we can only grow our accounts with more wins than losses, to me it's not the only measure of success. But one of the toughest emotions to overcome is a bias toward direction, when what really needs to be examined[...]