Sunday, 1 September 2013

Getting Ready for Tuesday Morning's Trading

theconnorsgroup Getting Ready for Tuesday Morning's Trading

Dear Trader,

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

Click here to learn about our latest quantified strategy guidebook - High Probability Trading with Multiple Up & Down Days.

The following securities are the most oversold and overbought according to ConnorsRSI for Tuesday's trading.  

This Watchlist was created using the TradingMarkets Screener.

Current Market Conditions

(Click Symbol for More Details)

NameSymbolConnorsRSI
SPDR S&P 500 ETF SPY 28.86
Powershares QQQ QQQ 26.90
SPDR DOW 30 ETF DIA 28.31
Russell 2000 ETF IWM 19.88
S&P GSCI Crude Oil TR OIL 31.99
SPDR Gold GLD 21.50
20+ Year Trsy Bond Ish TLT 47.29
VIX Short-Term Futures VXX 77.78

High Probability Trading with Multiple Up & Down Days

5 Most Oversold Stocks

NameSymbolConnorsRSIPrice
E-Commerce China Dangdang Inc. DANG 5.07 $7.81
Glaxosmithkline Plc GSK 5.08 $50.89
Iron Mountain Inc. IRM 5.62 $25.80
Waste Management WM 6.96 $40.44
Allscripts Healthcare Solutions MDRX 7.14 $14.54

5 Most Oversold ETFs

NameSymbolConnorsRSIPrice
Europe ETF FTSE Vanguard VGK 7.41 $51.04
EAFE Index MSCI Ishares EFA 7.45 $59.17
EMU Index MSCI Ishares EZU 7.62 $34.68
SPDR Euro Stoxx 50 FEZ 8.65 $35.27
Germany Index MSCI Ishares EWG 9.24 $25.66

5 Most Oversold Leveraged ETFs

NameSymbolConnorsRSIPrice
Ultra Silver Proshares AGQ 16.09 $23.85
Smallcap Bull 3X Direxion TNA 21.75 $52.23
Financial Bull 3X Direxion FAS 22.83 $62.65
Ultra QQQ Proshares QLD 26.10 $73.01
Ultrapro QQQ Proshares TQQQ 26.18 $78.40

5 Most Overbought Stocks and ETFs

NameSymbolConnorsRSIPrice
Salesforce.Com Inc CRM 94.73 $49.13
Sears Holdings Corp. SHLD 94.32 $44.24
Vodafone Group Plc VOD 91.57 $32.35
Malaysia Index MSCI Ishares EWM 86.20 $14.44
Brf-Brasil Foods S.A. BRFS 85.77 $23.21

Do you know how to trade ETFs experiencing consecutive days of up or down price movement?

Click here to learn more.




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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