Getting Ready for Monday Morning’s Trading

Here are the stocks, ETFs, and Leveraged ETFs you need to know for Monday morning.

The following securities are the most oversold according to ConnorRSI as of Friday’s close. This Watchlist was created using the TradingMarkets Screener.

Top 5 Oversold Stocks

Name Symbol ConnorsRSI Price
Amarin Corporation Plc AMRN 3.75 $9.69
Chelsea Therapeutics International CHTP 3.87 $0.94
Healthcare Trust of America I HTA 4.83 $9.99
Netease Inc NTES 4.85 $39.00
Oneok OKE 6.88 $43.00

Top 5 Oversold ETFs

Name Symbol ConnorsRSI Price
DB Commodity Index Tracking Power DBC 18.47 $27.61
US Oil USO 18.65 $31.53
Italy Index MSCI Ishares EWI 19.08 $12.57
Total Bond Market ETF Vanguard BND 19.88 $84.81
Short S&P 500 Proshares SH 20.36 $34.32

Top 5 Oversold Leveraged ETFs

Name Symbol ConnorsRSI Price
Emrg Mkts Bear 3x Direxion EDZ 14.87 $10.27
Financial Bear 3x Direxion FAZ 16.12 $16.46
Direxion Daily S&P 500 Bear 3x S SPXS 17.90 $17.39
Energy Bear 3x Direxion ERY 19.14 $7.98
Ultra DJ-UBS Crude Oil Proshares UCO 19.14 $26.35

 

Click here to learn how you can start applying the new ConnorsRSI momentum oscillator to Levereged ETFs in your regular trading.