Getting Ready for Thursday Morning’s Trading 5/30/13

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 29.73
Powershares QQQ QQQ 34.01
Russell 2000 ETF IWM 29.40
S&P GSCI Crude Oil TR Index ETN OIL 22.80
SPDR Gold GLD 76.68
20+ Year Trsy Bond Ishares TLT 65.62
VIX Short-Term Futures ETN Ipath VXX 67.41

 

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5 Most Oversold Stocks

Name Symbol ConnorsRSI Price
Dte Energy Company DTE 1.22 $66.26
Verisign VRSN 1.49 $46.39
Apartment Investment And Managem AIV 1.75 $30.22
D.R. Horton DHI 1.87 $24.52
Senior Housing Properties Trust SNH 1.93 $26.40

 

5 Most Oversold ETFs

Name Symbol ConnorsRSI Price
Singapore Index MSCI Ishares EWS 2.20 $13.80
Brazil Index MSCI Ishares EWZ 2.72 $52.40
REIT Index ETF Vanguard VNQ 2.79 $72.42
S&P 500 Low Volatility Powershar SPLV 3.12 $31.29
DJ US Real Estate Ishares IYR 3.15 $70.21

 

5 Most Oversold Leveraged ETFs

Name Symbol ConnorsRSI Price
DB Gold Double Short ETN Powersh DZZ 23.11 $6.26
Smallcap Bull 3X Direxion TNA 25.81 $49.37
Ultra Russell 2000 Proshares UWM 29.55 $61.53
Direxion Daily S&P 500 Bull 3X S SPXL 29.73 $45.23
Ultra S&P 500 Proshares SSO 30.06 $81.04

 

5 Most Overbought Stocks and ETFs

Name Symbol ConnorsRSI Price
Smithfield Foods SFD 97.20 $33.35
Health Management Associates HMA 96.70 $12.25
Triquint Semiconductor TQNT 96.53 $7.05
Silver Standard Resources Inc SSRI 96.30 $7.61
Valley National Bancorp VLY 93.73 $9.60

 

Do you want to learn how to take advantage of short-term oversold S&P 500 stocks using ConnorsRSI? Click here to learn more.