Getting Ready for Thursday Morning’s Trading

Getting Ready for Thursday Morning’s Trading

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

The following securities are the most oversold and overbought according to ConnorsRSI for Thursday’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 89.38
Powershares QQQ QQQ 89.98
Russell 2000 ETF IWM 81.37
S&P GSCI Crude Oil TR Index ETN OIL 72.11
SPDR Gold GLD 22.99
20+ Year Trsy Bond Ishares TLT 15.53
VIX Short-Term Futures ETN Ipath VXX 16.76

 

5 Most Oversold Stocks

Name Symbol ConnorsRSI Price
Community Health Systems CYH 2.44 $42.26
Sk Telecom Corporation SKM 4.51 $17.47
Health Management Associates HMA 6.97 $10.53
Tenet Healthcare Corp. THC 9.58 $41.14
Western Asset Mortgage Capital WMC 10.12 $22.46

 

5 Most Oversold ETFs

Name Symbol ConnorsRSI Price
Iboxx 3Yr Target Dur Tips ETF Fl TDTT 7.61 $25.47
Short S&P 500 Proshares SH 10.43 $30.24
Tips Bond Ishares TIP 12.38 $121.24
20+ Year Trsy Bond Ishares TLT 15.53 $119.91
VIX Short-Term Futures ETF Prosh VIXY 16.71 $10.12

 

5 Most Oversold Leveraged ETFs

Name Symbol ConnorsRSI Price
Ultrapro Short QQQ Proshares SQQQ 8.74 $31.48
Direxion Daily S&P 500 Bear 3X S SPXS 10.02 $11.77
Ultrashort QQQ Proshares QID 10.07 $25.09
Ultrashort S&P 500 Proshares SDS 10.52 $42.81
Ultrapro Short S&P 500 Proshares SPXU 10.74 $26.44

 

5 Most Overbought Stocks and ETFs

Name Symbol ConnorsRSI Price
Nps Pharmaceuticals NPSP 98.91 $12.51
Boston Properties BXP 97.78 $109.87
Cys Investments Inc CYS 96.55 $12.27
Kla-Tencor Corp. KLAC 96.08 $54.26
Corrections Corporation Of Ameri CXW 96.03 $40.39

 

Have you tried trading with ConnorsRSI?  It’s the first quantified momentum oscillator — and it’s changing how we build trading models at Connors Research.

Here’s your chance to learn how to apply Connors RSI to improve your ROI.