Getting Ready for Tuesday Morning’s Trading 4/30/13

Here are the stocks, ETFs, and Leveraged ETFs you need to know for Tuesday morning.

The following securities are the most oversold and overbought according to ConnorsRSI for Tuesday’s trading. Click here to download your free copy of An Introduction to ConnorsRSI. This Watchlist was created using the TradingMarkets Screener.

(Click Symbol for More Details)

Name Symbol ConnorsRSI
SPDR S&P 500 ETF SPY 69.19
Powershares QQQ QQQ 75.44
Russell 2000 ETF IWM 65.78
S&P GSCI Crude Oil TR Index ETN OIL 75.78
SPDR Gold GLD 76.69
20+ Year Trsy Bond Ishares TLT 37.80
VIX Short-Term Futures ETN Ipath VXX 35.75


5 Most Oversold Stocks

Name Symbol ConnorsRSI Price
Expedia EXPE 11.31 $56.06
Family Dollar Stores FDO 12.39 $62.04
Open Joint Stock Company Vimpel- VIP 13.10 $11.08
Cia De Saneamento Basico Do Esta SBS 13.33 $14.02
Desarrolladora Homex HXM 13.61 $5.02


Connors Research Trading Strategy Series

5 Most Oversold ETFs

Name Symbol ConnorsRSI Price
Alerian MLP Index ETN Jpmorgan AMJ 21.81 $46.43
Mexico Investable Mkt Idx MSCI I EWW 22.48 $71.61
Tips Bond Ishares TIP 29.34 $122.22
Short S&P 500 Proshares SH 29.58 $30.07
Short Russell 2000 Proshares RWM 33.51 $21.56


5 Most Oversold Leveraged ETFs

Name Symbol ConnorsRSI Price
3X Inverse Natural Gas ETN Veloc DGAZ 12.82 $8.60
Ultrashort QQQ Proshares QID 23.88 $24.82
Ultrapro Short QQQ Proshares SQQQ 24.48 $30.89
Ultrapro Short S&P 500 Proshares SPXU 30.27 $25.96
Direxion Daily S&P 500 Bear 3X S SPXS 30.82 $11.56


5 Most Overbought Stocks and ETFs

Name Symbol ConnorsRSI Price
Sina Corp. SINA 98.89 $55.03
Phillips-Van Heusen Corp. PVH 96.80 $114.35
EMU Index MSCI Ishares EZU 96.75 $34.53
Europe ETF FTSE Vanguard VGK 96.27 $51.34
EAFE Index MSCI Ishares EFA 95.81 $61.86


The Book That Every Trader and Investor Should Have Sitting on Their Desk

Do you base your trading around popular patterns like breakouts and momentum without the test results to confirm a statistical edge?

Click here to learn the truth about the most commonly traded market scenarios – backed by over 22 years of historical results.