Getting Ready for Friday Morning’s Trading 5/3/13
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.
(Click Symbol for More Details)
| Name | Symbol | ConnorsRSI |
|---|---|---|
| SPDR S&P 500 ETF | SPY | 71.54 |
| Powershares QQQ | QQQ | 77.69 |
| Russell 2000 ETF | IWM | 70.04 |
| S&P GSCI Crude Oil TR Index ETN | OIL | 78.85 |
| SPDR Gold | GLD | 66.76 |
| 20+ Year Trsy Bond Ishares | TLT | 46.85 |
| VIX Short-Term Futures ETN Ipath | VXX | 34.84 |
5 Most Oversold Stocks
| Name | Symbol | ConnorsRSI | Price |
|---|---|---|---|
| Kellogg Company | K | 3.23 | $63.42 |
| Open Joint Stock Company Vimpel- | VIP | 6.63 | $10.72 |
| Pbf Energy Inc. | PBF | 8.17 | $27.74 |
| Energy Transfer Partners | ETP | 8.65 | $47.60 |
| Halcon Resources | HK | 8.74 | $5.67 |
5 Most Oversold ETFs
| Name | Symbol | ConnorsRSI | Price |
|---|---|---|---|
| US Natural Gas | UNG | 11.04 | $21.91 |
| Alps Alerian MLP ETF | AMLP | 22.29 | $17.55 |
| Utilities Select Sector SPDR | XLU | 27.04 | $40.97 |
| Short S&P 500 Proshares | SH | 29.05 | $29.99 |
| Malaysia Index MSCI Ishares | EWM | 29.50 | $15.68 |
5 Most Oversold Leveraged ETFs
| Name | Symbol | ConnorsRSI | Price |
|---|---|---|---|
| Ultrashort DJ-UBS Crude Oil Pros | SCO | 20.40 | $38.53 |
| Ultrashort QQQ Proshares | QID | 21.19 | $24.04 |
| Ultrapro Short QQQ Proshares | SQQQ | 22.03 | $29.49 |
| Ultrashort S&P 500 Proshares | SDS | 27.74 | $42.04 |
| Direxion Daily S&P 500 Bear 3X S | SPXS | 28.75 | $11.45 |
5 Most Overbought Stocks and ETFs
| Name | Symbol | ConnorsRSI | Price |
|---|---|---|---|
| NYSE Euronext | NYX | 99.35 | $40.35 |
| Questcor Pharmaceuticals | QCOR | 97.21 | $34.45 |
| Devon Energy Corp. | DVN | 97.16 | $56.64 |
| Raytheon Company | RTN | 96.66 | $62.50 |
| Lockheed Martin Corp. | LMT | 96.42 | $100.67 |
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