Getting Ready for Monday Morning’s Trading

Here are the stocks, ETFs, and Leveraged ETFs you need to know for Monday morning.

The following securities are the most oversold and overbought according to ConnorsRSI for Monday’s trading. Click here to download your free copy of An Introduction to ConnorsRSI. This Watchlist was created using the TradingMarkets Screener.

Today’s Market Conditions

(Click Symbol for More Details)

Name Symbol ConnorsRSI
SPDR S&P 500 ETF SPY 72.68
Powershares QQQ QQQ 69.25
Russell 2000 ETF IWM 69.40
S&P GSCI Crude Oil TR Index ETN OIL 56.71
SPDR Gold GLD 62.47
20+ Year Trsy Bond Ishares TLT 72.20
VIX Short-Term Futures ETN Ipath VXX 32.69

 

Trading New Highs

Do you want to learn a systematic trading methodology that has shown positive annual returns every single year for over a decade?

Click here to learn about the latest quantified research on Trading New Highs from Connors Research in a live webinar with Larry Connors.


5 Most Oversold Stocks

Name Symbol ConnorsRSI Price
The Hain Celestial Group HAIN 2.12 $54.94
Ctrip.Com International CTRP 4.48 $19.23
Vale S.A. VALE 4.63 $18.09
Ocwen Financial Corp. OCN 6.54 $37.52
Carnival Corp. CCL 7.34 $34.99

5 Most Oversold ETFs

Name Symbol ConnorsRSI Price
Hong Kong Index MSCI Ishares EWH 6.01 $19.62
USD Emrg Mkts Bond Ishares EMB 19.28 $118.46
Emrg Mkts Sovereign Debt Powersh PCY 22.05 $30.15
Short S&P 500 Proshares SH 26.49 $31.80
VIX Short-Term Futures ETN Ipath VXX 32.69 $22.48

5 Most Oversold Leveraged ETFs

Name Symbol ConnorsRSI Price
Ultrashort Russell 2000 Proshare TWM 26.20 $21.45
Direxion Daily S&P 500 Bear 3X S SPXS 26.62 $13.75
Ultrashort 20+ Year Treasury Pro TBT 26.65 $67.23
Smallcap Bear 3X Direxion TZA 26.79 $10.51
Ultrapro Short S&P 500 Proshares SPXU 26.97 $30.86

5 Most Overbought Stocks and ETFs

Name Symbol ConnorsRSI Price
Consolidated Edison Company Of N ED 97.02 $58.48
Capitalsource Inc CSE 92.83 $8.78
Aon Plc AON 92.55 $60.79
Amgen Inc. AMGN 92.26 $86.82
Colgate-Palmolive Company CL 91.96 $113.97

One of The Most Powerful Gap Strategies Available

Click here to learn about our core gap trading strategy guidebook How to Trade High-Probability Stock Gaps – 2nd Edition.

You’ll receive over 150 strategy variations and dozens of short-term setups which have shown a win percentage of over 68% throughout the quantified historical test results.