Getting Ready for Friday Morning’s Trading
Here are the stocks, ETFs, and Leveraged ETFs you need to know for Friday morning.
The following securities are the most oversold and overbought according to ConnorsRSI for Friday’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 | 81.90 |
| Powershares QQQ | QQQ | 66.54 |
| Russell 2000 ETF | IWM | 86.61 |
| S&P GSCI Crude Oil TR Index ETN | OIL | 73.97 |
| SPDR Gold | GLD | 36.21 |
| 20+ Year Trsy Bond Ishares | TLT | 11.91 |
| VIX Short-Term Futures ETN Ipath | VXX | 30.38 |
Did you know that stocks that make new 52-week highs tend to follow through and move higher?
Click here to learn how you can take advantage of this pattern in a free webinar with Larry Connors.
5 Most Oversold Stocks
| Name | Symbol | ConnorsRSI | Price |
|---|---|---|---|
| Ross Stores | ROST | 9.57 | $55.23 |
| Atlantic Power Corp. | AT | 9.72 | $5.60 |
| Monster Beverage Corp | MNST | 12.81 | $47.75 |
| Windstream Corp. | WIN | 12.87 | $8.52 |
| Pier 1 Imports | PIR | 13.12 | $22.28 |
5 Most Oversold ETFs
| Name | Symbol | ConnorsRSI | Price |
|---|---|---|---|
| Iboxx $ Invest Grade Corp Bond I | LQD | 5.97 | $119.20 |
| Aggregate Bond Ishares | AGG | 8.14 | $110.14 |
| Tips Bond Ishares | TIP | 9.72 | $120.39 |
| Total Bond Market ETF Vanguard | BND | 10.40 | $83.29 |
| 20+ Year Trsy Bond Ishares | TLT | 11.91 | $115.96 |
5 Most Oversold Leveraged ETFs
| Name | Symbol | ConnorsRSI | Price |
|---|---|---|---|
| Smallcap Bear 3X Direxion | TZA | 12.59 | $9.81 |
| Financial Bear 3X Direxion | FAZ | 13.32 | $10.83 |
| Ultrashort Russell 2000 Proshare | TWM | 13.36 | $20.55 |
| Ultrashort S&P 500 Proshares | SDS | 17.63 | $45.48 |
| Direxion Daily S&P 500 Bear 3X S | SPXS | 18.09 | $12.93 |
5 Most Overbought Stocks and ETFs
| Name | Symbol | ConnorsRSI | Price |
|---|---|---|---|
| Southwestern Energy Company | SWN | 98.71 | $37.36 |
| First Tennessee National Corp. | FHN | 97.46 | $11.23 |
| Gol Linhas Aereas Inteligentes S | GOL | 96.57 | $7.36 |
| Wpx Energy Inc. Common Stock W | WPX | 96.38 | $15.83 |
| Activision Blizzard Inc | ATVI | 96.01 | $14.97 |
Introducing: Trading New Highs
Click here to learn about a systematic methodology for trading stocks that make new 52-week highs in a live webinar with Larry Connors.