Getting Ready for Tuesday Morning’s Trading 5/28/13

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.

Today’s Market Conditions

(Click Symbol for More Details)

Name Symbol ConnorsRSI
SPDR S&P 500 ETF SPY 24.44
Powershares QQQ QQQ 26.03
Russell 2000 ETF IWM 32.62
S&P GSCI Crude Oil TR Index ETN OIL 29.00
SPDR Gold GLD 38.40
20+ Year Trsy Bond Ishares TLT 61.57
VIX Short-Term Futures ETN Ipath VXX 48.56


5 Most Oversold Stocks

Name Symbol ConnorsRSI Price
Footlocker Inc FL 2.89 $33.90
Gamestop Corp. GME 3.03 $32.11
Sap Ag SAP 3.07 $75.87
Dominion Resources D 3.69 $57.62
Sumitomo Mitsui Financial Group SMFG 3.74 $8.29

5 Most Oversold ETFs

Name Symbol ConnorsRSI Price
Australia Index MSCI Ishares EWA 5.82 $25.05
Japan Index MSCI Ishares EWJ 7.43 $11.41
Singapore Index MSCI Ishares EWS 7.67 $14.01
Emrg Mkts ETF MSCI Vanguard VWO 8.02 $42.84
Japan Hedged Equity Wisdomtree DXJ 8.23 $48.82


5 Most Oversold Leveraged ETFs

Name Symbol ConnorsRSI Price
Ultra S&P 500 Proshares SSO 22.99 $81.10
Ultrapro S&P 500 Proshares UPRO 23.65 $136.55
Direxion Daily S&P 500 Bull 3X S SPXL 23.93 $45.28
Ultrapro QQQ Proshares TQQQ 26.78 $72.72
Ultra QQQ Proshares QLD 26.89 $69.20


5 Most Overbought Stocks and ETFs

Name Symbol ConnorsRSI Price
Supernus Pharmaceuticals Inc. SUPN 95.10 $6.86
Fibria Celulose S.A. FBR 93.33 $11.00
Valeant Pharmaceuticals Internat VRX 88.16 $84.47
Vivus VVUS 88.04 $14.82
Triquint Semiconductor TQNT 87.85 $6.74


If you want to learn how to take advantage of short-term oversold S&P 500 stocks using the ConnorsRSI indicator, Click here to pick up you copy of S&P 500 Trading with ConnorsRSI today.