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

(Click Symbol for More Details)

Name Symbol ConnorsRSI
SPDR S&P 500 ETF SPY 80.85
Powershares QQQ QQQ 50.70
Russell 2000 ETF IWM 69.04
S&P GSCI Crude Oil TR Index ETN OIL 23.14
SPDR Gold GLD 57.23
20+ Year Trsy Bond Ishares TLT 60.43
VIX Short-Term Futures ETN Ipath VXX 22.73

 

5 Most Oversold Stocks

Name Symbol ConnorsRSI Price
Sk Telecom Corporation SKM 4.43 $17.22
Time Warner Cable Inc TWC 11.10 $93.59
Fortinet FTNT 11.20 $18.99
Hollyfrontier Corp HFC 11.24 $46.46
Tesoro Petroleum Corp. TSO 11.66 $52.09

 

5 Most Oversold ETFs

Name Symbol ConnorsRSI Price
Short S&P 500 Proshares SH 17.49 $30.11
VIX Short-Term Futures ETN Ipath VXX 22.73 $18.70
VIX Short-Term Futures ETF Prosh VIXY 23.82 $10.09
Alerian MLP Index ETN Jpmorgan AMJ 24.47 $45.61
US Oil USO 24.68 $33.46

 

5 Most Oversold Leveraged ETFs

Name Symbol ConnorsRSI Price
Ultrashort S&P 500 Proshares SDS 19.05 $42.51
Direxion Daily S&P 500 Bear 3X S SPXS 19.33 $11.66
Ultrapro Short S&P 500 Proshares SPXU 20.14 $26.23
Financial Bear 3X Direxion FAZ 20.42 $39.63
3X Inverse Natural Gas ETN Veloc DGAZ 21.68 $10.16

 

5 Most Overbought Stocks and ETFs

Name Symbol ConnorsRSI Price
Simon Property Group SPG 99.80 $174.27
Calpine Corp. CPN 98.21 $21.41
L Brands Inc LTD 97.74 $50.25
Realty Income Corp. O 96.44 $47.70
Equity Residential EQR 96.39 $59.02