Getting Ready for Thursday Morning’s Trading

Here are the stocks, ETFs, and Leveraged ETFs you need to know for Thursday morning.

The following securities are the most oversold and overbought according to ConnorsRSI for Thursday’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 78.85
Powershares QQQ QQQ 44.87
Russell 2000 ETF IWM 81.03
S&P GSCI Crude Oil TR Index ETN OIL 35.65
SPDR Gold GLD 76.26
20+ Year Trsy Bond Ishares TLT 14.47
VIX Short-Term Futures ETN Ipath VXX 53.58

 

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5 Most Oversold Stocks

Name Symbol ConnorsRSI Price
The Fresh Market TFM 0.67 $38.42
3D Systems Corp. DDD 7.70 $32.67
J.C. Penney Company Inc. Holding JCP 10.49 $14.43
Ebay Inc. EBAY 10.99 $53.57
Grupo Televisa S.A. TV 12.77 $26.42

5 Most Oversold ETFs

Name Symbol ConnorsRSI Price
DB Agriculture Powershares DBA 7.25 $25.93
Iboxx $ Invest Grade Corp Bond I LQD 9.92 $119.59
Total Bond Market ETF Vanguard BND 10.91 $83.41
20+ Year Trsy Bond Ishares TLT 14.47 $116.86
Aggregate Bond Ishares AGG 15.61 $110.37

5 Most Oversold Leveraged ETFs

Name Symbol ConnorsRSI Price
Financial Bear 3X Direxion FAZ 15.07 $11.01
Smallcap Bear 3X Direxion TZA 18.47 $9.97
Direxion Daily S&P 500 Bear 3X S SPXS 20.07 $13.00
Ultrashort Russell 2000 Proshare TWM 20.28 $20.76
Ultrashort S&P 500 Proshares SDS 21.75 $45.68

5 Most Overbought Stocks and ETFs

Name Symbol ConnorsRSI Price
Sally Beauty Holdings SBH 98.21 $29.45
Teva Pharmaceutical Industries L TEVA 96.07 $39.63
US Airways Group Inc. New LCC 95.55 $14.57
Discover Financial Services DFS 95.07 $41.29
Alexion Pharmaceuticals ALXN 94.70 $93.18

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