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 according to ConnorsRSI as of Wednesday’s close. This Watchlist was created using the TradingMarkets Screener.

Today’s Market Conditions

(Click Symbol for More Details)

Symbol ConnorsRSI
GLD 38.60
IWM 43.38
OIL 26.82
QQQ 78.88
SPY 83.78
TLT 39.76
VXX 13.49

Top 5 Oversold Stocks

Name Symbol ConnorsRSI Price
Silvercorp Metals Inc SVM 3.66 $4.26
Iac/Interactivecorp IACI 4.11 $40.30
Pdl Biopharma PDLI 6.59 $6.83
Garmin Ltd GRMN 7.39 $38.30
Coach COH 7.55 $50.75

Top 5 Oversold ETFs

Name Symbol ConnorsRSI Price
Junior Gold Miners ETF Market Ve GDXJ 12.80 $20.06
VIX Short-Term Futures ETN Ipath VXX 13.49 $22.67
Short S&P 500 Proshares SH 16.49 $32.40
South Korea Index MSCI Ishares EWY 17.36 $61.62
VIX Short-Term Futures ETF Prosh VIXY 17.67 $12.14

Top 5 Oversold Leveraged ETFs

Name Symbol ConnorsRSI Price
Direxion Daily S&P 500 Bear 3X S SPXS 15.94 $14.57
Ultrapro Short S&P 500 Proshares SPXU 16.55 $32.65
Ultrashort S&P 500 Proshares SDS 17.18 $49.14
Ultrashort QQQ Proshares QID 23.17 $27.42
Ultra DJ-UBS Crude Oil Proshares UCO 27.30 $31.51

5 Most Overbought Stocks and ETFs

Name Symbol ConnorsRSI Price
Safeway Inc. SWY 99.07 $19.85
International Business Machines IBM 98.04 $204.72
Kb Home KBH 98.01 $18.63
Sally Beauty Holdings SBH 97.15 $26.07
Keryx Biopharmaceuticals KERX 97.02 $3.82

 

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