Getting Ready for Monday Morning’s Trading 7/20/13

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

Click here to learn how to identify and systematically trade high probability options setups in a free webinar with Larry Connors. 

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 to learn more about our proprietary momentum oscillator.

This Watchlist was created using the TradingMarkets Screener.

Current Market Conditions

(Click Symbol for More Details)

Name Symbol ConnorsRSI
SPDR S&P 500 ETF SPY 66.76
Powershares QQQ QQQ 16.38
SPDR DOW 30 ETF DIA 42.37
Russell 2000 ETF IWM 64.86
S&P GSCI Crude Oil TR Index ETN OIL 74.22
SPDR Gold GLD 74.75
20+ Year Trsy Bond Ishares TLT 73.81
VIX Short-Term Futures ETN Ipath VXX 20.45

 

Quantified Options Trading Strategies Summit 2013

5 Most Oversold Stocks

Name Symbol ConnorsRSI Price
Health Management Associates HMA 4.60 $15.65
Microsoft Corp. MSFT 5.15 $31.40
Turquoise Hill Resources Ltd. TRQ 5.20 $5.23
Google Inc. GOOG 5.94 $896.60
Halcon Resources HK 8.69 $5.76

 

5 Most Oversold ETFs

Name Symbol ConnorsRSI Price
Technology Select Sector SPDR XLK 8.62 $31.45
Taiwan Index MSCI Ishares EWT 13.15 $13.50
Powershares QQQ QQQ 16.38 $74.59
Semiconductor ETF Market Vectors SMH 18.90 $38.58
VIX Short-Term Futures ETN Ipath VXX 20.45 $16.17

 

5 Most Oversold Leveraged ETFs

Name Symbol ConnorsRSI Price
Ultra QQQ Proshares QLD 16.22 $71.56
Ultrapro QQQ Proshares TQQQ 16.58 $76.25
Ultra VIX Short-Term Fut ETF Pro UVXY 20.48 $43.24
DB Gold Double Short ETN Powersh DZZ 21.05 $6.92
Ultrashort DJ-UBS Crude Oil Pros SCO 24.11 $28.66

 

5 Most Overbought Stocks and ETFs

Name Symbol ConnorsRSI Price
Zimmer Holdings ZMH 99.63 $84.67
Covidien Plc. COV 97.61 $61.93
Exelixis EXEL 95.46 $5.44
Stryker Corp. SYK 94.97 $70.88
Smith [A.O.] Corp. AOS 94.50 $40.33

 

Click here to register for a special preview webinar of the upcoming Quantified Options Trading Strategies Summit 2013.