Getting Ready for Monday Morning’s Trading 6/3/13

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

The following securities are the most oversold and overbought according to ConnorsRSI for Monday’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 19.97
Powershares QQQ QQQ 25.80
Russell 2000 ETF IWM 26.06
S&P GSCI Crude Oil TR Index ETN OIL 20.22
SPDR Gold GLD 25.18
20+ Year Trsy Bond Ishares TLT 27.80
VIX Short-Term Futures ETN Ipath VXX 79.48

 

Swing Trading College 2013

5 Most Oversold Stocks

Name Symbol ConnorsRSI Price
Cys Investments Inc CYS 1.02 $10.28
Cbl & Associates Properties CBL 1.14 $22.99
Realty Income Corp. O 1.98 $45.45
Pfizer PFE 2.36 $27.23
Medical Properties Trust MPW 2.62 $14.84

 

5 Most Oversold ETFs

Name Symbol ConnorsRSI Price
Brazil Index MSCI Ishares EWZ 1.50 $50.89
Japan Index MSCI Ishares EWJ 1.88 $10.84
DJ US Real Estate Ishares IYR 2.59 $68.69
REIT Index ETF Vanguard VNQ 2.65 $70.78
Maxis Nikkei 225 Index ETF NKY 4.43 $16.05

 

5 Most Oversold Leveraged ETFs

Name Symbol ConnorsRSI Price
Ultra DJ-UBS Crude Oil Proshares UCO 17.52 $27.63
Ultrapro S&P 500 Proshares UPRO 18.09 $131.86
Ultra S&P 500 Proshares SSO 19.69 $79.25
Direxion Daily S&P 500 Bull 3X S SPXL 19.69 $43.75
3X Long Silver ETN Velocityshare USLV 22.76 $8.70

 

5 Most Overbought Stocks and ETFs

Name Symbol ConnorsRSI Price
Health Management Associates HMA 99.06 $13.79
Omnivision Technologies OVTI 98.74 $18.47
Community Health Systems CYH 94.18 $48.17
Generac Holdings Inc. GNRC 92.86 $40.50
Infinera Corp. INFN 89.96 $10.53

 

Click here if you’d like to learn how to most effectively trade S&P 500 stocks using the ConnorsRSI momentum oscillator.