Getting Ready for Monday Morning’s Trading 6/24/13
Below are the stocks, ETFs, and Leveraged ETFs you need to know for Monday morning.
Click here to purchase our new strategy guidebook – Short Selling Stocks with ConnorsRSI.
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 to learn more about our proprietary momentum oscillator.
This Watchlist was created using the TradingMarkets Screener.
Current Market Conditions
(Click Symbol for More Details)
| Name | Symbol | ConnorsRSI |
|---|---|---|
| SPDR S&P 500 ETF | SPY | 20.54 |
| Powershares QQQ | QQQ | 14.34 |
| Russell 2000 ETF | IWM | 50.97 |
| S&P GSCI Crude Oil TR Index ETN | OIL | 13.47 |
| SPDR Gold | GLD | 65.07 |
| 20+ Year Trsy Bond Ishares | TLT | 8.40 |
| VIX Short-Term Futures ETN Ipath | VXX | 39.26 |
5 Most Oversold Stocks
| Name | Symbol | ConnorsRSI | Price |
|---|---|---|---|
| Teradata Corp. | TDC | 3.28 | $50.70 |
| Validus Holdings | VR | 3.56 | $33.85 |
| Hollyfrontier Corp | HFC | 3.78 | $41.53 |
| Iron Mountain Inc. | IRM | 4.19 | $26.84 |
| Allergan | AGN | 5.15 | $92.70 |
5 Most Oversold ETFs
| Name | Symbol | ConnorsRSI | Price |
|---|---|---|---|
| 7-10 Yr Trsy Ishares | IEF | 3.36 | $102.03 |
| Aggregate Bond Ishares | AGG | 3.39 | $106.61 |
| Iboxx $ Invest Grade Corp Bond I | LQD | 3.89 | $112.21 |
| USD Emrg Mkts Bond Ishares | EMB | 4.02 | $105.51 |
| Emrg Mkts Sovereign Debt Powersh | PCY | 4.12 | $26.53 |
5 Most Oversold Leveraged ETFs
| Name | Symbol | ConnorsRSI | Price |
|---|---|---|---|
| Ultra 7-10 Year Treasury Proshar | UST | 3.47 | $51.64 |
| Ultra DJ-UBS Crude Oil Proshares | UCO | 11.58 | $28.53 |
| Ultrapro QQQ Proshares | TQQQ | 16.33 | $64.39 |
| Ultra QQQ Proshares | QLD | 16.47 | $63.90 |
| Ultra VIX Short-Term Fut ETF Pro | UVXY | 38.65 | $78.13 |
5 Most Overbought Stocks and ETFs
| Name | Symbol | ConnorsRSI | Price |
|---|---|---|---|
| DB US Dollar Index Bullish Power | UUP | 92.98 | $22.34 |
| Ultrashort 20+ Year Treasury Pro | TBT | 92.10 | $75.27 |
| SPDR 1-3 Month T-Bill Barclays C | BIL | 91.78 | $45.81 |
| Short 20+ Year Treasury Proshare | TBF | 91.09 | $31.99 |
| Finisar Corp. | FNSR | 90.22 | $16.22 |
Click here if you want to learn how to short overpriced stocks with a disciplined, systematic strategy. Discover Shorting Stocks with ConnorsRSI.