Saturday, 3 August 2013

Getting Ready for Monday Morning's Trading

theconnorsgroup Getting Ready for Monday Morning's Trading

Dear Trader,

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

Do you want to learn specific, systematic, and simple‐to‐apply rules to trade S&P 500 stocks on your own terms? Click here to learn how. 

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 to learn more about our proprietary momentum oscillator.

This Watchlist was created using the TradingMarkets Screener.

Current Market Conditions

(Click Symbol for More Details)

NameSymbolConnorsRSI
SPDR S&P 500 ETF SPY 77.27
Powershares QQQ QQQ 84.93
SPDR DOW 30 ETF DIA 77.66
Russell 2000 ETF IWM 72.46
S&P GSCI Crude Oil TR Index ETN OIL 39.03
SPDR Gold GLD 22.36
20+ Year Trsy Bond Ishares TLT 68.09
VIX Short-Term Futures ETN Ipath VXX 12.83

RSI2/CRSI Comparison

5 Most Oversold Stocks

NameSymbolConnorsRSIPrice
Cia De Saneamento Basico Do Esta SBS 3.18 $9.62
Exxon Mobil Corp. XOM 4.62 $91.95
Dct Industrial Trust Inc DCT 5.03 $7.33
Tearlab Corp. TEAR 5.76 $12.20
Equity Residential EQR 7.03 $54.95

5 Most Oversold ETFs

NameSymbolConnorsRSIPrice
REIT Index ETF Vanguard VNQ 10.88 $68.73
US Natural Gas UNG 11.56 $17.72
DJ US Real Estate Ishares IYR 12.80 $65.93
VIX Short-Term Futures ETN Ipath VXX 12.83 $14.25
Gold Miners ETF Market Vectors GDX 14.59 $25.59

5 Most Oversold Leveraged ETFs

NameSymbolConnorsRSIPrice
3X Long Natural Gas ETN Velocity UGAZ 11.38 $14.68
Ultra VIX Short-Term Fut ETF Pro UVXY 12.40 $33.33
Gold Miners Bull 3X Direxion NUGT 13.14 $6.24
Ultrashort QQQ Proshares QID 14.65 $20.23
Ultrapro Short QQQ Proshares SQQQ 14.87 $22.62

5 Most Overbought Stocks and ETFs

NameSymbolConnorsRSIPrice
Brinker International EAT 99.00 $43.74
Raytheon Company RTN 98.90 $75.65
Sealed Air Corp. SEE 96.16 $30.36
Baidu BIDU 96.02 $139.70
Compuware Corp. CPWR 95.99 $11.72

Click here to learn how to take advantage of mispriced opportunities in S&P 500 stocks for successful short-term trading.




Joshua Glasgall is Editor in Chief of TradingMarkets.com


The Connors Group, Inc. | 10 Exchange Place | Suite 1800 | Jersey City, NJ 07302


Disclaimer:
Nothing in this e-mail should be considered personalized advice. The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. Although our employees may answer your general customer service questions, they are not licensed under Federal and State Securities law to address your particular investment situation. Hence no communication by our employees to you should be deemed as personalized investment advice. Furthermore, the analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice. Company assumes no responsibility or liability for any trading and/or investment results that you may obtain by using such information.

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The Connors Group, Inc.
10 Exchange Place
Suite 1800
Jersey City, NJ 07302




The Connors Group, Inc. 10 Exchange Place, Suite 1800 Jersey City, NJ 07302
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