Getting Ready for Tuesday Morning’s Trading 5/7/13
Here are the stocks, ETFs, and Leveraged ETFs you need to know for Tuesday morning.
The following securities are the most oversold and overbought according to ConnorsRSI for Tuesday’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 | 74.05 |
| Powershares QQQ | QQQ | 80.06 |
| Russell 2000 ETF | IWM | 76.51 |
| S&P GSCI Crude Oil TR Index ETN | OIL | 72.54 |
| SPDR Gold | GLD | 65.88 |
| 20+ Year Trsy Bond Ishares | TLT | 21.10 |
| VIX Short-Term Futures ETN Ipath | VXX | 26.79 |
5 Most Oversold Stocks
| Name | Symbol | ConnorsRSI | Price |
|---|---|---|---|
| Groupon Inc | GRPN | 1.96 | $5.46 |
| Duke Energy Corp. | DUK | 2.95 | $72.90 |
| Ppl Corp. | PPL | 4.05 | $31.98 |
| Exelon Corp. | EXC | 4.11 | $35.25 |
| Public Service Enterprise Group | PEG | 4.55 | $35.43 |
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5 Most Oversold ETFs
| Name | Symbol | ConnorsRSI | Price |
|---|---|---|---|
| Utilities Select Sector SPDR | XLU | 5.69 | $40.32 |
| Short Russell 2000 Proshares | RWM | 20.80 | $21.10 |
| 20+ Year Trsy Bond Ishares | TLT | 21.10 | $120.63 |
| Iboxx $ Invest Grade Corp Bond I | LQD | 22.69 | $121.14 |
| S&P 500 Low Volatility Powershar | SPLV | 22.78 | $31.96 |
5 Most Oversold Leveraged ETFs
| Name | Symbol | ConnorsRSI | Price |
|---|---|---|---|
| Financial Bear 3X Direxion | FAZ | 17.06 | $36.42 |
| Ultrashort QQQ Proshares | QID | 19.80 | $23.30 |
| Ultrapro Short QQQ Proshares | SQQQ | 20.21 | $28.12 |
| Smallcap Bear 3X Direxion | TZA | 21.47 | $34.62 |
| Ultrashort Russell 2000 Proshare | TWM | 21.57 | $18.97 |
5 Most Overbought Stocks and ETFs
| Name | Symbol | ConnorsRSI | Price |
|---|---|---|---|
| Och-Ziff Capital Management | OZM | 97.50 | $11.42 |
| Mueller Water Products | MWA | 97.27 | $7.24 |
| Neutral Tandem | IQNT | 96.58 | $5.37 |
| Level 3 Communications | LVLT | 96.39 | $22.66 |
| Transocean Inc. | RIG | 95.81 | $54.32 |
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