Getting Ready for Monday Morning’s Trading 8/26/13

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

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The following securities are the most oversold and overbought according to ConnorsRSI for Monday’s trading.  

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 68.67
Powershares QQQ QQQ 79.79
Russell 2000 ETF IWM 67.48
S&P GSCI Crude Oil TR OIL 71.72
SPDR Gold GLD 84.17
20+ Year Trsy Bond Ish TLT 79.56
VIX Short-Term Futures VXX 26.70

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5 Most Oversold Stocks

Name Symbol ConnorsRSI Price
Barnes & Noble BKS 4.11 $13.99
Aeropostale Inc ARO 4.61 $8.76
Marvell Technology Group MRVL 6.90 $12.19
Pandora Media Inc. P 10.22 $18.91
Mannkind Corp. MNKD 10.76 $5.52


5 Most Oversold ETFs

Name Symbol ConnorsRSI Price
Short 20+ Year Treasury Proshare TBF 17.81 $32.89
VIX Short-Term Futures ETN Ipath VXX 26.70 $14.80
DJ US Home Construction Ishares ITB 27.14 $21.07
Senior Loan Portfolio Powershare BKLN 28.65 $24.65
Short S&P 500 Proshares SH 32.26 $28.43


5 Most Oversold Leveraged ETFs

Name Symbol ConnorsRSI Price
Ultrashort 20+ Year Treasury Pro TBT 18.94 $79.37
Ultrashort QQQ Proshares QID 20.03 $20.33
Ultrapro Short QQQ Proshares SQQQ 20.17 $22.82
Gold Miners Bear 3X Direxion DUST 23.12 $22.51
Ultrashort DJ-UBS Crude Oil Pros SCO 25.30 $28.80


5 Most Overbought Stocks and ETFs

Name Symbol ConnorsRSI Price
DOW Chemical Company DOW 95.15 $38.74
Ross Stores ROST 94.12 $69.86
Lockheed Martin Corp. LMT 93.83 $126.00
Vmware VMW 93.39 $87.80
Laredo Petroleum Holdings Inc LPI 92.53 $25.30


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