Here are the stocks, ETFs, and Leveraged ETFs you need to know for Tuesday morning.
The following securities are the most oversold according to ConnorsRSI as of Friday’s close. This Watchlist was created using the TradingMarkets Screener.
Top 5 Oversold Stocks
| Name | Symbol | ConnorsRSI | Price |
|---|---|---|---|
| Amgen Inc. | AMGN | 2.09 | $82.08 |
| Cincinnati Bell Inc | CBB | 7.52 | $5.00 |
| Capital One Financial Corp. | COF | 8.40 | $56.99 |
| Focus Media Holding Limited | FMCN | 8.80 | $25.30 |
| Visa Inc. | V | 9.45 | $158.27 |
Top 5 Oversold ETFs
| Name | Symbol | ConnorsRSI | Price |
|---|---|---|---|
| VIX Short-Term Futures ETN Ipath | VXX | 16.26 | $23.98 |
| Short S&P 500 Proshares | SH | 20.78 | $32.61 |
| VIX Short-Term Futures ETF Prosh | VIXY | 22.86 | $12.88 |
| Malaysia Index MSCI Ishares | EWM | 23.64 | $15.28 |
| Short Russell 2000 Proshares | RWM | 23.80 | $23.06 |
Top 5 Oversold Leveraged ETFs
| Name | Symbol | ConnorsRSI | Price |
|---|---|---|---|
| Energy Bear 3x Direxion | ERY | 9.12 | $6.57 |
| Ultrashort S&P 500 Proshares | SDS | 20.14 | $49.78 |
| Direxion Daily S&P 500 Bear 3x S | SPXS | 21.31 | $14.87 |
| Financial Bear 3x Direxion | FAZ | 22.14 | $13.03 |
| Ultrapro Short S&P 500 Proshares | SPXU | 22.39 | $33.33 |
Introducing the first and only quantified weekly options trading strategy developed by Connors Research. Click here to learn more about The S&P Weekly Options Income Program.