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 33.31
Powershares QQQ QQQ 33.88
Russell 2000 ETF IWM 16.77
S&P GSCI Crude Oil TR Index ETN OIL 85.54
SPDR Gold GLD 81.67
20+ Year Trsy Bond Ishares TLT 16.38
VIX Short-Term Futures ETN Ipath VXX 73.82

5 Most Oversold Stocks

Name Symbol ConnorsRSI Price
Crown Castle International Corp. CCI 2.69 $70.94
Leapfrog Enterprises Inc LF 4.83 $8.64
Halozyme Therapeutics HALO 5.68 $7.09
Research In Motion Limited RIMM 6.17 $13.78
Turquoise Hill Resources Ltd. TRQ 6.19 $7.86

 

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5 Most Oversold ETFs

Name Symbol ConnorsRSI Price
Emrg Mkts Sovereign Debt Powersh PCY 2.58 $30.53
USD Emrg Mkts Bond Ishares EMB 3.24 $119.86
Iboxx $ Invest Grade Corp Bond I LQD 4.97 $119.33
Iboxx $ High Yield Corporate Bd HYG 5.26 $93.96
SPDR High Yield Bond Barclays Ca JNK 6.98 $40.87

5 Most Oversold Leveraged ETFs

Name Symbol ConnorsRSI Price
Ultrashort Euro Proshares EUO 16.23 $17.96
Smallcap Bull 3X Direxion TNA 17.02 $74.86
Ultra Russell 2000 Proshares UWM 17.20 $50.80
Ultra S&P 500 Proshares SSO 33.43 $66.79
Financial Bull 3X Direxion FAS 34.58 $142.47

5 Most Overbought Stocks and ETFs

Name Symbol ConnorsRSI Price
Avery Dennison Corp. AVY 96.89 $38.44
Freescale Semiconductor Holdin FSL 95.26 $14.23
Intercontinentalexchange ICE 94.76 $138.90
NYSE Euronext NYX 93.18 $34.44
Darden Restaurants DRI 92.87 $46.59

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