Getting Ready for Wednesday Morning’s Trading

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

The following securities are the most oversold and overbought according to ConnorsRSI for Wednesday’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 37.80
Powershares QQQ QQQ 34.71
Russell 2000 ETF IWM 38.06
S&P GSCI Crude Oil TR Index ETN OIL 73.69
SPDR Gold GLD 86.51
20+ Year Trsy Bond Ishares TLT 73.81
VIX Short-Term Futures ETN Ipath VXX 61.00

Click here to register for a free webinar with Larry Connors to learn more about our proprietary approach to trading stocks that make new 52-week highs.

5 Most Oversold Stocks

Name Symbol ConnorsRSI Price
Government Properties Income Tru GOV 2.55 $24.92
Nike NKE 5.94 $53.49
Akamai Technologies AKAM 6.21 $34.77
Brookfield Asset Management Inc BAM 7.62 $36.86
Monster Beverage Corp MNST 8.02 $46.19

5 Most Oversold ETFs

Name Symbol ConnorsRSI Price
South Korea Index MSCI Ishares EWY 6.37 $59.91
FTSE China 25 Index Fund Ishares FXI 15.82 $37.98
Emrg Mkts Index MSCI Ishares EEM 17.96 $43.39
Emrg Mkts ETF MSCI Vanguard VWO 18.89 $43.77
Hong Kong Index MSCI Ishares EWH 19.16 $20.06

5 Most Oversold Leveraged ETFs

Name Symbol ConnorsRSI Price
Energy Bear 3X Direxion ERY 19.69 $5.57
Ultrashort 20+ Year Treasury Pro TBT 25.66 $68.38
Financial Bull 3X Direxion FAS 31.41 $163.28
Ultrapro QQQ Proshares TQQQ 33.64 $59.98
Smallcap Bull 3X Direxion TNA 35.81 $86.08

5 Most Overbought Stocks and ETFs

Name Symbol ConnorsRSI Price
Endeavour Silver Corp. EXK 96.73 $6.50
Junior Gold Miners ETF Market Ve GDXJ 95.80 $16.89
Sandisk Corp. SNDK 95.30 $53.76
Cypress Semiconductor Corp. CY 94.79 $11.26
Boeing Company BA 94.40 $84.16

High Probability Trading with Bollinger Bands

<Click here to utilize Bollinger Bands with a quantified, structured approach to increase your trading edges and secure greater gains.

Take your trading to the next level with Trading with Bollinger Bands® – A Quantified Guide.