Getting Ready for Monday Morning’s Trading 7/8/13

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

Stop the guesswork! Click here to learn how to enhance your short selling with ConnorsRSI.

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 85.58
Powershares QQQ QQQ 90.98
SPDR DOW 30 ETF DIA 83.05
Russell 2000 ETF IWM 83.69
S&P GSCI Crude Oil TR Index ETN OIL 93.52
SPDR Gold GLD 23.83
20+ Year Trsy Bond Ishares TLT 4.74
VIX Short-Term Futures ETN Ipath VXX 18.40

 

ConnorsRSI Guidebook Coupon

5 Most Oversold Stocks

Name Symbol ConnorsRSI Price
Annaly Capital Management Inc NLY 2.29 $11.51
Banco Bradesco Sa BBD 2.70 $11.44
Cys Investments Inc CYS 2.78 $8.36
New York Mortgage Trust NYMT 4.06 $6.24
American Capital Agency AGNC 4.67 $20.76

 

5 Most Oversold ETFs

Name Symbol ConnorsRSI Price
FTSE Nareit Mort Plus Cp Idx Ish REM 3.51 $11.95
Short-Term Bond ETF Vanguard BSV 4.33 $79.76
20+ Year Trsy Bond Ishares TLT 4.74 $106.26
Brazil Index MSCI Ishares EWZ 7.83 $41.47
Aggregate Bond Ishares AGG 7.93 $105.84

 

5 Most Oversold Leveraged ETFs

Name Symbol ConnorsRSI Price
Ultrashort DJ-UBS Crude Oil Pros SCO 6.74 $31.72
Ultrashort QQQ Proshares QID 8.09 $22.81
Ultrapro Short Russell 2000 Pros SRTY 9.10 $18.15
Ultrashort Russell 2000 Proshare TWM 9.51 $16.95
Smallcap Bear 3X Direxion TZA 13.98 $28.94

 

5 Most Overbought Stocks and ETFs

Name Symbol ConnorsRSI Price
Celldex Therapeutics Inc CLDX 99.21 $21.27
East West Bancorp EWBC 98.38 $28.80
National-Oilwell NOV 97.09 $71.85
Sunpower Corp. SPWR 96.99 $24.43
Tcf Financial Corp. TCB 96.72 $15.32

 

Click here to join Larry Connors for a special webinar to learn the core skills you need to quantitatively swing trade!