Getting Ready for Morning Trading for Friday May 17, 2013
Here are the stocks, ETFs, and Leveraged ETFs you need to know for Friday morning.
The following securities are the most oversold and overbought according to ConnorsRSI for Friday’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
| Name | Symbol | ConnorsRSI |
|---|---|---|
| SPDR S&P 500 ETF | SPY | 32.33 |
| Powershares QQQ | QQQ | 46.11 |
| Russell 2000 ETF | IWM | 41.87 |
| S&P GSCI Crude Oil TR Index ETN | OIL | 72.93 |
| SPDR Gold | GLD | 13.48 |
| 20+ Year Trsy Bond Ishares | TLT | 79.97 |
| VIX Short-Term Futures ETN Ipath | VXX | 74.84 |
5 Most Oversold Stocks
| Name | Symbol | ConnorsRSI | Price |
|---|---|---|---|
| Mcdermott International | MDR | 5.10 | $8.49 |
| Bioscrip | BIOS | 5.54 | $13.35 |
| Kimco Realty Corp. | KIM | 6.81 | $24.15 |
| Allergan | AGN | 6.94 | $100.42 |
| Statoil Asa | STO | 7.13 | $23.19 |
5 Most Oversold ETFs
| Name | Symbol | ConnorsRSI | Price |
|---|---|---|---|
| Russia ETF Market Vectors | RSX | 7.32 | $26.54 |
| Gold Trust Ishares | IAU | 12.76 | $13.48 |
| SPDR Gold | GLD | 13.48 | $134.09 |
| Australia Index MSCI Ishares | EWA | 14.91 | $26.59 |
| Malaysia Index MSCI Ishares | EWM | 17.89 | $16.49 |
5 Most Oversold Leveraged ETFs
| Name | Symbol | ConnorsRSI | Price |
|---|---|---|---|
| Ultrashort 20+ Year Treasury Pro | TBT | 19.51 | $63.69 |
| Ultrashort DJ-UBS Crude Oil Pros | SCO | 26.19 | $37.55 |
| Ultrapro S&P 500 Proshares | UPRO | 32.00 | $136.80 |
| Ultra S&P 500 Proshares | SSO | 32.23 | $81.20 |
| Financial Bull 3X Direxion | FAS | 32.50 | $67.35 |
5 Most Overbought Stocks and ETFs
| Name | Symbol | ConnorsRSI | Price |
|---|---|---|---|
| Halozyme Therapeutics | HALO | 98.49 | $7.98 |
| Infinera Corp. | INFN | 94.86 | $9.62 |
| Constellation Brands Inc | STZ | 94.19 | $51.76 |
| Cadence Design Systems | CDNS | 93.14 | $14.36 |
| Kohl’s Corp. | KSS | 91.89 | $52.03 |
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