Getting Ready for Monday Morning’s Trading for Monday May 13, 2013

Getting Ready for Monday Morning’s Trading for Monday May 13, 2013

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

The following securities are the most oversold and overbought according to ConnorsRSI for Monday’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

Name Symbol ConnorsRSI
SPDR S&P 500 ETF SPY 60.75
Powershares QQQ QQQ 75.91
Russell 2000 ETF IWM 67.86
S&P GSCI Crude Oil TR Index ETN OIL 55.29
SPDR Gold GLD 21.67
20+ Year Trsy Bond Ishares TLT 17.43
VIX Short-Term Futures ETN Ipath VXX 41.83

 

5 Most Oversold Stocks

Name Symbol ConnorsRSI Price
Hess Corp. HES 6.94 $69.30
Hollyfrontier Corp HFC 9.99 $48.00
Gerdau S.A. GGB 10.07 $7.01
Tcf Financial Corp. TCB 10.31 $14.45
Republic Services RSG 10.43 $33.95

 

5 Most Oversold ETFs

Name Symbol ConnorsRSI Price
South Korea Index MSCI Ishares EWY 12.36 $57.05
Iboxx $ Invest Grade Corp Bond I LQD 13.92 $120.27
Iboxx $ High Yield Corporate Bd HYG 16.28 $95.51
20+ Year Trsy Bond Ishares TLT 17.43 $118.75
FTSE Nareit Mort Plus Cp Idx Ish REM 17.52 $15.24

 

5 Most Oversold Leveraged ETFs

Name Symbol ConnorsRSI Price
Ultra 7-10 Year Treasury Proshar UST 14.54 $57.12
Ultrashort QQQ Proshares QID 23.23 $22.87
Ultrapro Short QQQ Proshares SQQQ 23.70 $27.32
Ultrashort Russell 2000 Proshare TWM 30.71 $18.39
Smallcap Bear 3X Direxion TZA 31.56 $33.03

 

5 Most Overbought Stocks and ETFs

Name Symbol ConnorsRSI Price
Warner Chilcott Plc WCRX 99.42 $18.01
St. Jude Medical STJ 98.15 $44.18
Apache Corp. APA 97.97 $83.33
Electronic Arts Inc. EA 97.96 $22.48
Ocwen Financial Corp. OCN 97.93 $42.40

 

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