Getting Ready for Monday Morning’s Trading 8/5/13

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

Do you want to learn specific, systematic, and simple‐to‐apply rules to trade S&P 500 stocks on your own terms? Click here to learn how. 

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 77.27
Powershares QQQ QQQ 84.93
Russell 2000 ETF IWM 72.46
S&P GSCI Crude Oil TR Index ETN OIL 39.03
SPDR Gold GLD 22.36
20+ Year Trsy Bond Ishares TLT 68.09
VIX Short-Term Futures ETN Ipath VXX 12.83


RSI2/CRSI Comparison

5 Most Oversold Stocks

Name Symbol ConnorsRSI Price
Cia De Saneamento Basico Do Esta SBS 3.18 $9.62
Exxon Mobil Corp. XOM 4.62 $91.95
Dct Industrial Trust Inc DCT 5.03 $7.33
Tearlab Corp. TEAR 5.76 $12.20
Equity Residential EQR 7.03 $54.95


5 Most Oversold ETFs

Name Symbol ConnorsRSI Price
REIT Index ETF Vanguard VNQ 10.88 $68.73
US Natural Gas UNG 11.56 $17.72
DJ US Real Estate Ishares IYR 12.80 $65.93
VIX Short-Term Futures ETN Ipath VXX 12.83 $14.25
Gold Miners ETF Market Vectors GDX 14.59 $25.59


5 Most Oversold Leveraged ETFs

Name Symbol ConnorsRSI Price
3X Long Natural Gas ETN Velocity UGAZ 11.38 $14.68
Ultra VIX Short-Term Fut ETF Pro UVXY 12.40 $33.33
Gold Miners Bull 3X Direxion NUGT 13.14 $6.24
Ultrashort QQQ Proshares QID 14.65 $20.23
Ultrapro Short QQQ Proshares SQQQ 14.87 $22.62


5 Most Overbought Stocks and ETFs

Name Symbol ConnorsRSI Price
Brinker International EAT 99.00 $43.74
Raytheon Company RTN 98.90 $75.65
Sealed Air Corp. SEE 96.16 $30.36
Baidu BIDU 96.02 $139.70
Compuware Corp. CPWR 95.99 $11.72


Click here to learn how to take advantage of mispriced opportunities in S&P 500 stocks for successful short-term trading.