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 23.81
Powershares QQQ QQQ 26.54
Russell 2000 ETF IWM 6.30
S&P GSCI Crude Oil TR Index ETN OIL 16.65
SPDR Gold GLD 13.31
20+ Year Trsy Bond Ishares TLT 77.62
VIX Short-Term Futures ETN Ipath VXX 71.96

Would you like to see the trades Larry Connors is looking at every day before the market opens?

Click here to learn more about Larry Connors’ Daily Battle Plan and see for yourself how it can improve your trading.

5 Most Oversold Stocks

Name Symbol ConnorsRSI Price
Pbf Energy Inc. PBF 1.37 $33.31
Southwestern Energy Company SWN 1.75 $35.75
Zions Bancorporation ZION 1.86 $23.88
Penn West Petroleum Ltd PWE 2.69 $10.13
Crocs CROX 2.84

5 Most Oversold ETFs

Name Symbol ConnorsRSI Price
SPDR S&P Oil & Gas Exploration & XOP 3.98 $57.49
SPDR S&P Regional Banking ETF KRE 4.03 $30.69
SPDR S&P Bank ETF KBE 4.10 $26.11
SPDR S&P Homebuilders XHB 4.53 $28.52
Junior Gold Miners ETF Market Ve GDXJ 4.79 $14.67

5 Most Oversold Leveraged ETFs

Name Symbol ConnorsRSI Price
Gold Miners Bull 3X Direxion NUGT 4.80 $20.54
Smallcap Bull 3X Direxion TNA 5.79 $40.08
Ultra DJ-UBS Crude Oil Proshares UCO 9.25 $29.80
Ultra Silver Proshares AGQ 10.23 $34.11
Ultrashort 20+ Year Treasury Pro TBT 21.97 $64.17

5 Most Overbought Stocks and ETFs

Name Symbol ConnorsRSI Price
Astex Pharmaceuticals Inc ASTX 98.51 $5.57
Pacific Gas & Electric Co. PCG 96.70 $45.52
Smallcap Bear 3X Direxion TZA 95.62 $40.88
Ultrashort Russell 2000 Proshare TWM 95.38 $21.08
Entergy Corp. ETR 94.83 $65.00

Do You Know How to Successfully Scale Into Your ETF Trades?

Do you want to learn how to achieve lower average purchase prices and greater overall gains by applying the ConnorsRSI momentum oscillator to your ETF trading?

Click here to download your copy of ETF Scale-In Trading.