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 20.56
Powershares QQQ QQQ 18.57
Russell 2000 ETF IWM 22.31
S&P GSCI Crude Oil TR Index ETN OIL 70.05
SPDR Gold GLD 71.58
20+ Year Trsy Bond Ishares TLT 68.17
VIX Short-Term Futures ETN Ipath VXX 82.63


5 Most Oversold Stocks

Name Symbol ConnorsRSI Price
Boston Scientific Corp. BSX 1.22 $7.09
Alexion Pharmaceuticals ALXN 4.21 $92.02
Flir Systems FLIR 5.10 $23.73
Pmc – Sierra PMCS 5.21 $6.16
Northern Trust Corp. NTRS 5.44 $51.99


5 Most Oversold ETFs

Name Symbol ConnorsRSI Price
Tips Bond Ishares TIP 7.40 $120.98
Short-Treasury Bond Ishares SHV 10.02 $110.23
Daily Inverse VIX ST ETN Velocit XIV 15.07 $19.93
DJ US Home Construction Ishares ITB 15.58 $21.76
SPDR S&P Homebuilders XHB 17.28 $28.02


Do you want to learn a high-probability trading strategy for ETFs based around the ConnorsRSI momentum oscillator? Click here for quantified research on how to scale-in to ETFs.

5 Most Oversold Leveraged ETFs

Name Symbol ConnorsRSI Price
3X Inverse Natural Gas ETN Veloc DGAZ 10.27 $8.38
Ultra QQQ Proshares QLD 18.21 $58.04
Ultrapro QQQ Proshares TQQQ 18.24 $55.94
Financial Bull 3X Direxion FAS 18.97 $51.46
Ultrapro S&P 500 Proshares UPRO 20.24 $111.26


5 Most Overbought Stocks and ETFs

Name Symbol ConnorsRSI Price
Repros Therapeutics Inc. RPRX 91.03 $19.16
US Natural Gas UNG 89.81 $24.03
Gerdau S.A. GGB 87.41 $7.56
Nii Holdings NIHD 87.23 $7.50
Asml Holding N.V. ASML 85.81 $71.41