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.