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


Connors Research Trading Strategy Series

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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