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.