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 51.48
Powershares QQQ QQQ 66.97
Russell 2000 ETF IWM 60.55
S&P GSCI Crude Oil TR Index ETN OIL 76.79
SPDR Gold GLD 70.83
20+ Year Trsy Bond Ishares TLT 83.36
VIX Short-Term Futures ETN Ipath VXX 62.28

 

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5 Most Oversold Stocks

Name Symbol ConnorsRSI Price
Ashland Inc. ASH 4.11 $72.76
Mylan Inc. MYL 5.81 $28.74
Exco Resources Nl XCO 7.36 $7.19
Xylem Inc. Common Stock New Whe XYL 7.64 $27.29
Deutsche Bank Ag DB 7.64 $39.07

5 Most Oversold ETFs

Name Symbol ConnorsRSI Price
Italy Index MSCI Ishares EWI 13.51 $11.72
Germany Index MSCI Ishares EWG 18.76 $24.30
EMU Index MSCI Ishares EZU 19.72 $32.42
S&P US Preferred Stock Index Ish PFF 20.76 $40.39
Euro Trust FXE 21.44 $126.66

5 Most Oversold Leveraged ETFs

Name Symbol ConnorsRSI Price
Ultrashort 20+ Year Treasury Pro TBT 15.37 $65.13
Energy Bear 3X Direxion ERY 28.69 $5.38
Smallcap Bear 3X Direxion TZA 31.67 $9.24
Ultrashort QQQ Proshares QID 31.78 $26.03
Ultrapro Short QQQ Proshares SQQQ 31.79 $33.31

5 Most Overbought Stocks and ETFs

Name Symbol ConnorsRSI Price
Omega Healthcare Investors OHI 95.97 $30.23
Sinclair Broadcast Group SBGI 94.86 $19.72
Amgen Inc. AMGN 94.76 $100.15
Tempur-Pedic International Inc TPX 94.50 $50.07
Fidelity National Financial FNF 94.28 $25.02

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