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.

  • Market News | Trader Talk | Dec 12, 2016, 9:56 AM

    Is The Fed Still Relevant? Markets Say YES!

    Is The Fed Still Relevant?  Markets Say YES!

    While it may seem stocks have been surging higher since the election a month ago, some areas of the market have stalled out and have retreated.  The Fed will meet this week, and with markets at all time highs and broad sector rallies around each turn it appears there is not a weak spot to be found.  Many bears have started to capitulate, and while this is more a process than an event we must continue to be aware of the bogey that could halt this tremendous rally.  None other than the[...]

  • Market News | Strategy | Dec 5, 2016, 9:06 AM

    A Market Under Distribution Has No Mercy

    A Market Under Distribution Has No Mercy

    After a robust market rise on good turnover after the election, we find ourselves a month later wondering what is next.  Many thought a Trump victory was indeed the elixir needed to get the economy and markets moving, and that sentiment was pronounced immediately with a bullish market response.  Further, bonds were trashed, an amazing allocation shift that happened swiftly and with bold strokes. Markets tend to punish complacency when you least expect it.  As the volatility was sucked[...]

  • Market News | Strategy | Nov 28, 2016, 9:15 AM

    Metals and Mining: Buyers Transition to New Groups

    Metals and Mining:  Buyers Transition to New Groups

    Over the past several years we have seen selling pressure intensify in metals and mining names as policy directives shifted away from this group. Not only was less money invested in coal, copper, materials and the like but costly regulations put some of these companies against the wall, and in many cases out of business totally. Stocks like Cliffs Natural, Freeport McMoran and US Steel are a shadow of their former selves. Once boasting robust stock prices and strong balance sheets, these and many[...]

  • Trader Talk | Futures | Nov 21, 2016, 9:02 AM

    Bond Market Moves May Lead to - 'Normal Markets'?

    Bond Market Moves May Lead to - 'Normal Markets'?

    The amazing sell off in the bond market over the past couple weeks since the election ended did not go unnoticed by market players. I've seen a ton of articles now proclaiming the 'bull market in bonds is over', and the 'bear is going to growl over bonds'. Yet, the long bond has not even reached the highest levels seen in 2015! All the sudden, the calls for the end of the bond bull are everywhere? It might be true, but color me skeptical (so far). How many calls for this bond market bull to end?[...]

  • Market News | Nov 14, 2016, 9:20 AM

    Why A Trump Presidency is Fed Positive

    Why A Trump Presidency is Fed Positive

    Many were scared of the reaction to a Donald Trump presidency, even the Federal Reserve open market committee. How do we know that? They telegraphed the uncertainty in their statement following the November 2 meeting. Well, not in so many words but they certainly telegraphed their intention to hold off in November raising rates, fearing some sort of backlash and financial calamity could ensue post election. This was a similar stance as before the Brexit vote, and while there was a decent amount of[...]

  • Trader Talk | Election & VIX | 2016 Recap | Nov 7, 2016, 9:04 AM

    Comparing the Election to Brexit

    Comparing the Election to Brexit

    From a market perspective, the outcome for this week's election is similar to the brexit vote in United Kingdom earlier this year.  That is, a binary event where one extreme outcome is likely to trigger several emotional responses.  Remember much of the worry over brexit prior to that critical vote?  Wait, there was none?  No, I don't remember it, either.  Leading up to the brexit the polls seemed to be convinced voters would not push the referendum through. In fact, lawmakers[...]

  • Market News | Trader Talk | Oct 31, 2016, 9:41 AM

    Uncertainties Create a Pause For Market Participants

    Uncertainties Create a Pause For Market Participants

    These next eight to ten days will be quite interesting as the outcome of some events will unfold, as the Fed policy and election uncertainties will create headaches for market players. The Fed has a meeting this week and it is widely held they will not make a move on interest rates, rather they will continue to provide clues toward a December rate hike.  Whether that is good policy shift is open to debate, but certainly there is a swarm of support to hike the rate before the end of 2016. [...]

  • Trader Talk | Strategy | Oct 24, 2016, 9:13 AM

    The Time to Listen to Market Prophets? Not EVER!

    The Time to Listen to Market Prophets?  Not EVER!

    With so much uncertainty in the world most investors/traders get anxious and worried over losing money and start listening to market sages and so-called prophets.  That is typical and quite natural, yet when the underwear starts getting tight and we begin to sweat because the markets are misbehaving, well we tend to reach for whatever (or, whomever) makes the most sense.  To top the list of uncertainties include the upcoming election, which many are starting to believe is to be a Hillary[...]

  • Market News | Oct 3, 2016, 8:58 AM

    M&A Is a Sign of Economic Health

    M&A Is a Sign of Economic Health

    Last year was a record year for M&A, but going unnoticed in 2016 is the plethora of mergers that have taken place across many sectors.  Whether it is airlines, media, semiconductors or chemicals - this year has been one of the biggest on record in size and scope.  Yet, one wonders why so many mergers are happening with the stock market at/near all time highs just about the entire year?  The worst of course occurred during the first six weeks of the year and it has been up ever[...]

  • Market News | Sep 19, 2016, 9:13 AM

    Central Bankers Paying Lip Service

    Central Bankers Paying Lip Service

    How much longer must we pay heed to lip service of central bankers, who continuous whine and plead their case but seem unable to pull the trigger on a policy directive?  Just over a week ago some Fed Governors came out and sent obligatory warnings to markets saying 'rate hikes may come sooner than you think, so take heed'.  Just days later, a couple of other Fed Governors turned that around 180 degrees and said 'not so fast on a rate hike, let's watch the data'.  This recent comment[...]

  • VIX | Education | Sep 12, 2016, 10:00 AM

    Market Volatility Does Live

    Market Volatility Does Live

    With respect to the old Christmas folklore story, 'Yes Virginia, there is Volatility'.  The massive move this past Friday was not telegraphed, but then the first big move down hardly ever is.  Nobody rings a bell at the top, nor at the bottom.  Navigating the markets without the proper instruments becomes a very dicey proposition, and certainly with the right tools there is no guarantee of success, certainly with the timing. For instance, the overbought sentiment has been frothy for[...]

  • Market News | Sep 6, 2016, 9:07 AM

    Worry + Price Action = New Market Highs

    Worry + Price Action = New Market Highs

    The most hated rally of all time.  That is what I've been hearing of late, and no wonder so many are frustrated by missing out on the upside when the 'wall of worry' is up.  When doubt creeps in so does courage or boldness, as the market moves without the majority of the crowd.  Yet, it seems every bull rally is hated due to this same reason.  When the wall of worry is showing, 'high price' warnings come out almost daily then markets will defy the consensus. Of course, it cuts[...]

  • Market News | Education | Aug 29, 2016, 12:52 PM

    Turn Up the Volume

    Turn Up the Volume

    As we wind down the dog days of summer, the usual complaints are heard daily about markets:  volatility is low, the markets don't move, volume is pathetic, the action is too thin to trade.  Well, I can certainly understand the concern, and with a VIX settling in just under 14% for nearly two months, that is indicative of a sleepy market.  We are trained to believe the markets are vulnerable to downside when participants show complacency, and that has certainly been the case since the[...]

  • Market News | Aug 22, 2016, 9:36 AM

    Buying a Breakout, Selling Breakdowns

    Buying a Breakout, Selling Breakdowns

    When a stock makes a big breakout or breakdown on some very heavy turnover, it catches the market's attention. We often feel regret and that we are late to the party, and that if we decide to jump on board then the stock will reverse course. That is the psychological negative of not understanding momentum, for it is at these moments that the best opportunity for gain often lie ahead. Stocks move over time, often long periods of time - yet our minds constantly think in the moment. This is a divergence[...]

  • Education | Aug 15, 2016, 9:17 AM

    Rate of Change Can Predict Future Momentum

    Rate of Change Can Predict Future Momentum

    The rate of change is defined as the speed for which a variable changes in a specified period of time. We look for a change in trend or just an inflection point key in on the rate of change to help determine where momentum may take place and perhaps estimate the trajectory. While it is often difficult to predict a top or bottom with any consistency, from a mathematical perspective we can use the rate of change to identify probable turning points. It is at these moments where significant gains can[...]