Getting Ready for Thursday Morning’s Trading

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

The following securities are the most oversold and overbought according to ConnorsRSI for Thursday’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

(Click Symbol for More Details)

Name Symbol ConnorsRSI
SPDR S&P 500 ETF SPY 24.03
Powershares QQQ QQQ 24.85
Russell 2000 ETF IWM 23.33
S&P GSCI Crude Oil TR Index ETN OIL 20.34
SPDR Gold GLD 50.70
20+ Year Trsy Bond Ishares TLT 68.36
VIX Short-Term Futures ETN Ipath VXX 80.60

 

5 Most Oversold Stocks

Name Symbol ConnorsRSI Price
Kinross Gold Corp. KCG 1.99 $5.00
Ensco Plc ESV 2.02 $51.73
Coeur D’Alene Mines Corp. CDE 2.28 $13.52
Silver Standard Resources Inc SSRI 2.33 $6.62
Silver Wheaton Corp SLW 2.41 $22.03

 

5 Most Oversold ETFs

Name Symbol ConnorsRSI Price
Gold Miners ETF Market Vectors GDX 2.80 $27.38
Junior Gold Miners ETF Market Ve GDXJ 2.90 $11.48
Daily Inverse VIX ST ETN Velocit XIV 16.12 $20.86
Emrg Mkts Sovereign Debt Powersh PCY 17.06 $30.55
Energy Select Sector SPDR XLE 18.89 $74.08

 

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5 Most Oversold Leveraged ETFs

Name Symbol ConnorsRSI Price
Gold Miners Bull 3X Direxion NUGT 3.02 $9.76
Ultra DJ-UBS Crude Oil Proshares UCO 19.93 $25.07
Financial Bull 3X Direxion FAS 22.80 $52.75
Direxion Daily S&P 500 Bull 3X S SPXL 23.13 $37.51
Ultrapro S&P 500 Proshares UPRO 23.25 $113.35

 

5 Most Overbought Stocks and ETFs

Name Symbol ConnorsRSI Price
Glaxosmithkline Plc GSK 91.55 $50.34
Endo Pharmaceuticals Holdings In ENDP 89.76 $35.96
Myriad Genetics MYGN 89.37 $27.80
Sk Telecom Corporation SKM 89.14 $18.66
Alkermes ALKS 85.09 $29.72