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 | 72.39 |
| Powershares QQQ | QQQ | 64.18 |
| Russell 2000 ETF | IWM | 75.61 |
| S&P GSCI Crude Oil TR Index ETN | OIL | 44.01 |
| SPDR Gold | GLD | 26.26 |
| 20+ Year Trsy Bond Ishares | TLT | 17.64 |
| VIX Short-Term Futures ETN Ipath | VXX | 58.93 |
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5 Most Oversold Stocks
| Name | Symbol | ConnorsRSI | Price |
|---|---|---|---|
| Dr Pepper Snapple Group Inc | DPS | 1.93 | $42.69 |
| Brinker International | EAT | 4.60 | $31.99 |
| Nuance Communications | NUAN | 5.34 | $18.51 |
| Abbvie Inc. Common Stock | ABBV | 6.37 | $35.27 |
| Pepsico | PEP | 6.88 | $71.50 |
5 Most Oversold ETFs
| Name | Symbol | ConnorsRSI | Price |
|---|---|---|---|
| Mexico Investable Mkt Idx MSCI I | EWW | 8.55 | $71.81 |
| Tips Bond Ishares | TIP | 11.14 | $120.17 |
| Junior Gold Miners ETF Market Ve | GDXJ | 13.36 | $17.81 |
| USD Emrg Mkts Bond Ishares | EMB | 15.52 | $119.32 |
| 1-3 Year Treasury Bond Ishares | SHY | 15.84 | $84.39 |
5 Most Oversold Leveraged ETFs
| Name | Symbol | ConnorsRSI | Price |
|---|---|---|---|
| Smallcap Bear 3X Direxion | TZA | 24.33 | $10.41 |
| Ultrapro Short S&P 500 Proshares | SPXU | 26.70 | $30.75 |
| Direxion Daily S&P 500 Bear 3X S | SPXS | 27.02 | $13.73 |
| Gold Miners Bull 3X Direxion | NUGT | 27.09 | $7.53 |
| Ultra Silver Proshares | AGQ | 27.14 | $44.82 |
5 Most Overbought Stocks and ETFs
| Name | Symbol | ConnorsRSI | Price |
|---|---|---|---|
| Progressive Corp. | PGR | 99.59 | $24.49 |
| The Nasdaq Omx Group | NDAQ | 98.69 | $31.65 |
| Vishay Intertechnology | VSH | 98.47 | $13.36 |
| Adtran | ADTN | 95.36 | $22.83 |
| Omega Healthcare Investors | OHI | 95.11 | $27.71 |
High-Probability Trading with VXX
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Joshua Glasgall is Editor in Chief of TradingMarkets.com
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