Getting Ready for Friday Morning’s Trading

Getting Ready for Friday Morning’s Trading

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

The following securities are the most oversold and overbought according to ConnorsRSI for Friday’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

Name Symbol ConnorsRSI
SPDR S&P 500 ETF SPY 37.02
Powershares QQQ QQQ 50.12
Russell 2000 ETF IWM 36.17
S&P GSCI Crude Oil TR Index ETN OIL 37.15
SPDR Gold GLD 26.66
20+ Year Trsy Bond Ishares TLT 34.35
VIX Short-Term Futures ETN Ipath VXX 74.61

 

5 Most Oversold Stocks

Name Symbol ConnorsRSI Price
Firstenergy Corp. FE 1.89 $42.78
Isis Pharmaceuticals ISIS 4.64 $18.49
Entergy Corp. ETR 4.91 $67.00
Linn Energy Llc LINE 6.86 $34.50
Gerdau S.A. GGB 7.25 $7.15

 

5 Most Oversold ETFs

Name Symbol ConnorsRSI Price
Utilities Select Sector SPDR XLU 16.96 $39.74
S&P 500 Low Volatility Powershar SPLV 18.44 $31.86
DJ Select Dividend Index Ishares DVY 23.45 $65.44
Daily Inverse VIX ST ETN Velocit XIV 23.63 $23.14
REIT Index ETF Vanguard VNQ 24.06 $75.82

 

5 Most Oversold Leveraged ETFs

Name Symbol ConnorsRSI Price
Ultra Silver Proshares AGQ 18.79 $25.33
Financial Bull 3X Direxion FAS 30.08 $62.81
3X Long Silver ETN Velocityshare USLV 31.57 $10.73
Ultra Russell 2000 Proshares UWM 33.34 $58.82
Smallcap Bull 3X Direxion TNA 33.44 $46.20

 

5 Most Overbought Stocks and ETFs

Name Symbol ConnorsRSI Price
Ctrip.Com International CTRP 99.06 $29.93
Apache Corp. APA 98.73 $81.47
Micron Technology MU 97.69 $10.71
3M Company MMM 96.90 $109.92
Cirrus Logic CRUS 96.54 $23.03

 

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