Getting Ready for Tuesday Morning’s Trading 9/3/13

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

Click here to learn about our latest quantified strategy guidebook – High Probability Trading with Multiple Up & Down Days.

The following securities are the most oversold and overbought according to ConnorsRSI for Tuesday’s trading.  

This Watchlist was created using the TradingMarkets Screener.

Current Market Conditions

(Click Symbol for More Details)

Name Symbol ConnorsRSI
SPDR S&P 500 ETF SPY 28.86
Powershares QQQ QQQ 26.90
Russell 2000 ETF IWM 19.88
S&P GSCI Crude Oil TR OIL 31.99
SPDR Gold GLD 21.50
20+ Year Trsy Bond Ish TLT 47.29
VIX Short-Term Futures VXX 77.78

High Probability Trading with Multiple Up & Down Days

5 Most Oversold Stocks

Name Symbol ConnorsRSI Price
E-Commerce China Dangdang Inc. DANG 5.07 $7.81
Glaxosmithkline Plc GSK 5.08 $50.89
Iron Mountain Inc. IRM 5.62 $25.80
Waste Management WM 6.96 $40.44
Allscripts Healthcare Solutions MDRX 7.14 $14.54


5 Most Oversold ETFs

Name Symbol ConnorsRSI Price
Europe ETF FTSE Vanguard VGK 7.41 $51.04
EAFE Index MSCI Ishares EFA 7.45 $59.17
EMU Index MSCI Ishares EZU 7.62 $34.68
SPDR Euro Stoxx 50 FEZ 8.65 $35.27
Germany Index MSCI Ishares EWG 9.24 $25.66


5 Most Oversold Leveraged ETFs

Name Symbol ConnorsRSI Price
Ultra Silver Proshares AGQ 16.09 $23.85
Smallcap Bull 3X Direxion TNA 21.75 $52.23
Financial Bull 3X Direxion FAS 22.83 $62.65
Ultra QQQ Proshares QLD 26.10 $73.01
Ultrapro QQQ Proshares TQQQ 26.18 $78.40


5 Most Overbought Stocks and ETFs

Name Symbol ConnorsRSI Price
Salesforce.Com Inc CRM 94.73 $49.13
Sears Holdings Corp. SHLD 94.32 $44.24
Vodafone Group Plc VOD 91.57 $32.35
Malaysia Index MSCI Ishares EWM 86.20 $14.44
Brf-Brasil Foods S.A. BRFS 85.77 $23.21


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