Rick Fletcher

Chemistry professor (retired), Idahoan, science geek, public education advocate, river lover, laser builder and aimer, investor

[Rick Fletcher @TRFletcher]

Brian Lenney takes over for Scott Herndon, thinking he doesn’t answer to his voters. Remember what happened when Herndon told those who questioned him to shut up because they are not a Senator?

[Rick Fletcher @TRFletcher]

@DeItaone So - talking out of his ass again?

[Rick Fletcher @TRFletcher]

@Denistratos Really appreciating the notes you are giving in Stratosphere. Gold in terms of strategy. TY.

[Rick Fletcher @TRFletcher]

@BlackPantherCap Interesting. Just followed yesterday and I’m already in $NOK & $OUST calls to end of July. I might have found a kindred spirit.

[Rick Fletcher @TRFletcher]

@1ChartMaster I can fish fast rivers - but I need some lessons on doing it from a boat in warm weather … hint, hint. 😂

[Rick Fletcher @TRFletcher]

One of the masters giving away the secret sauce! This is an example of why X will always be in my tool bag. EST has always been generous, and thank you, but he is not alone. For anyone new to investing and trading, you can learn to do it successfully on X - but find the real ones.

[Elite Swing Traders @1ChartMaster]

To find stocks with Elite Relative Strength (RS), you need a systematic scanning process. True market leaders show their strength by making new highs before the major indexes (like the S&P 500 or Nasdaq) or by holding firm when the broader market is correcting.

Here is a step-by-step blueprint to find high-RS stocks using standard scanning tools (like MarketSurge, TradingView, or StockCharts):

1. The Raw Relative Strength Scan (The Baseline)

If you are using a platform that calculates a proprietary RS Rating (like IBD/MarketSurge, which ranks stocks from 1 to 99 based on price performance over the last year), your starting point is simple:

Filter for RS Rating $\ge$ 90: This immediately eliminates 90% of the market, leaving you only with the top 10% of performance.

Filter for RS Rating $\ge$ 95: Use this during a market correction to find the absolute elite tier.
2. Visual RS Scans (The "Line in the Sand")

If you don't have access to 1-99 ratings, you can use the RS Line (which plots the stock's price divided by the S&P 500 index price). Look for these specific visual behaviors:

RS New High Before Price

This is one of the most powerful leading indicators in technical analysis.

The Setup: The stock price is still consolidating or pulling back below its recent peak, but the RS Line has already broken out to a clear new lifetime or 52-week high.

What it means: Institutional accumulation is silently aggressive. Big money is absorbing every share available while the general market is distracted.

Blue Dot Scans (MarketSurge / Custom Scripts)
A "Blue Dot" occurs when a stock's RS line hits a new 52-week high while the stock itself is still in a base or consolidation pattern.

If you use TradingView or ThinkOrSwim, you can search for community scripts called "RS Line New High Before Price" or "IBD RS Blue Dot" to plot this automatically on your charts.

3. Market Correction Scans (The "Resilience" Test)

The absolute best time to find true RS is when the market index ($SPY or $QQQ) is actively falling. When the tide goes out, you see who is swimming with a rocket booster.

Run a scan with these parameters during a market pullback:

Price: Stock is trading above its rising 8-week EMA (or 21-day EMA).

Index Comparison: The S&P 500 is trading below its 21-day or 50-day moving average.

Performance: Stock is within 10% of its 52-week highs, while the index is down 5% to 10%+ from its highs.

4. Combining RS with Volume Signatures
High RS on low volume can be a trap. To ensure the relative strength is backed by institutional footprint, layer your RS scans with volume filters:
RS > 90 + HV1 (Highest Volume in 1 Year) within the last 5-10 days.

RS > 90 + HVE (Highest Volume Ever) on a recent PEG (Power Earnings Gap).

A Quick Example Checklist:

If the market sells off 300 points, look for the stock that finishes the day positive or completely flat on above-average volume. Put that ticker at the top of your watchlist it is your primary candidate for an Inside Day contraction or an Under-Cut and Rally (U/C) setup the moment the market stabilizes.

[Rick Fletcher @TRFletcher]

More evidence the anti-trans position isn’t principled. It’s hate. Pure hate. Don’t give an inch and accept people for who they are.

[Secular Talk ([email protected]) @KyleKulinski]

Always funny when the anti-trans types look to gender affirm

[Rick Fletcher @TRFletcher]

Colt Emerson to end the game and capture the 8 game WS for Mariners - 1 of the most athletic plays this season. Slid into dirt near 3rd base wall, body realized he would be short and popped up, stretched out to make the catch. Wow. 3rd base players most often impress. #Mariners

[Rick Fletcher @TRFletcher]

@BoxTraderVK Loaded up in $SWMR at 28, dumped it at 45. Nobody expected this.

[Rick Fletcher @TRFletcher]

@RealSimpleAriel @TheFlowHorse Will Deja vu me back to $APP in 2025.

[Rick Fletcher @TRFletcher]

@Denistratos I really appreciate the gains! 🙏

[Rick Fletcher @TRFletcher]

@MissMav87 @ohiain Sorry, not sorry. Loved living in Boulder. I met great people. But when looking for a permanent position, I would have been very happy in Ft Collins too. Just didn’t work out. I say “can’t lose in CO.”

[Rick Fletcher @TRFletcher]

@JBMovinOnUp @jam_croissant I am not that sophisticated to have considered this at all. My level of analysis is stuck at the level where the CEOs of the big oils are finally frantic enough to be warning Trump publicly that oil is going to $150 if he doesn’t act fast. Even then July looks bleak.

[Rick Fletcher @TRFletcher]

@801010athlete It looks like you are doing a great job of holding conviction. Of letting winners run. Nice.

[Rick Fletcher @TRFletcher]

@WeichAndre @HormuzLetter About time. There is nothing conservative about Trump and the Republican party is no longer recognizable.

[Rick Fletcher @TRFletcher]

@SRxTrades And you said it clearly, but reiterating for newer participants - the focus is on where a stock CLOSES. FPS can range widely on a given day. You do not need to top tick it in a bull market. Wait for the close, even if it costs you a percent or 2.

[Rick Fletcher @TRFletcher]

Take a moment and ask yourself if it’s possible this many individuals possess such weak character that vanity caused them to shift 180 degrees. I don’t think so. Trump has something on all these people. Why doesn’t that bother you?

[Boston Smalls @smalls2672]

This needs to be played everywhere 24/7

[Rick Fletcher @TRFletcher]

My monthly shout out for all the solid information on industries, trends and stocks put out by @ZaStocks . Thanks for all the hard work. Check out his Substack.