Getting Ready for Tuesday Morning’s Trading for Tuesday May 14, 2013

Getting Ready for Tuesday Morning’s Trading for Tuesday May 14, 2013

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

The following securities are the most oversold and overbought according to ConnorsRSI for Tuesday’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 61.85
Powershares QQQ QQQ 72.63
Russell 2000 ETF IWM 45.81
S&P GSCI Crude Oil TR Index ETN OIL 28.71
SPDR Gold GLD 16.62
20+ Year Trsy Bond Ishares TLT 15.19
VIX Short-Term Futures ETN Ipath VXX 39.19


5 Most Oversold Stocks

Name Symbol ConnorsRSI Price
American Capital Agency AGNC 5.64 $29.05
Armour Residential R ARR 6.73 $6.04
Aberdeen Asia-Pacific FAX 7.10 $7.18
Nielsen Holdings N.V. NLSN 9.24 $35.01
Endo Pharmaceuticals Holdings In ENDP 9.30 $33.71


5 Most Oversold ETFs

Name Symbol ConnorsRSI Price
FTSE Nareit Mort Plus Cp Idx Ish REM 9.58 $14.98
Iboxx $ High Yield Corporate Bd HYG 11.20 $95.12
Iboxx $ Invest Grade Corp Bond I LQD 12.64 $119.96
Taiwan Index MSCI Ishares EWT 13.04 $13.99
SPDR High Yield Bond Barclays Ca JNK 14.42 $41.52


5 Most Oversold Leveraged ETFs

Name Symbol ConnorsRSI Price
Ultra 7-10 Year Treasury Proshar UST 15.82 $56.87
Gold Miners Bull 3X Direxion NUGT 19.63 $11.19
Ultra DJ-UBS Crude Oil Proshares UCO 22.71 $29.76
Ultrashort QQQ Proshares QID 26.97 $22.82
Ultrapro Short QQQ Proshares SQQQ 27.38 $27.22


5 Most Overbought Stocks and ETFs

Name Symbol ConnorsRSI Price
Warner Chilcott Plc WCRX 99.01 $18.91
St. Jude Medical STJ 97.83 $45.22
Solarcity Corporation SCTY 95.93 $35.88
Nomura Holdings Inc ADR NMR 95.50 $9.30
United Dominion Realty Trust UDR 94.74 $25.94


You can find more trading opportunities all day long — if you use live technical indicators … Click here to learn how.