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 |
|---|---|---|---|
| Potomac Electric Power Company | POM | 4.37 | $19.08 |
| Ciena Corp. | CIEN | 5.21 | $14.65 |
| Elan Corporation Plc | ELN | 5.78 | $10.34 |
| Verisign | VRSN | 6.46 | $38.00 |
| Tesla Motors | TSLA | 8.68 | $32.91 |
Top 5 Oversold ETFs
| Name | Symbol | ConnorsRSI | Price |
|---|---|---|---|
| SPDR S&P Metals & Mining ETF | XME | 19.32 | $45.30 |
| PowerShares DB US Dollar Index Bullish Fund | UUP | 19.83 | $21.74 |
| ProShares Short S&P 500 ETF | SH | 22.98 | $32.89 |
| Principal Financial Group | PFG | 24.87 | $29.20 |
| WidsomTree India Earnings Fund ETF | EPI | 28.95 | $19.65 |
Top 5 Oversold Leveraged ETFs
| Name | Symbol | ConnorsRSI | Price |
|---|---|---|---|
| Ultrashort Euro Proshares | EUO | 14.04 | $18.59 |
| Ultrashort QQQ Proshares | QID | 22.72 | $27.67 |
| Ultrashort 20+ Year Treasury Pro | TBT | 23.74 | $64.68 |
| Direxion Daily S&P 500 Bear 3x S | SPXS | 24.51 | $15.25 |
| Energy Bear 3x Direxion | ERY | 25.77 | $7.08 |
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