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 70.78
Powershares QQQ QQQ 74.81
Russell 2000 ETF IWM 36.02
S&P GSCI Crude Oil TR Index ETN OIL 65.67
SPDR Gold GLD 75.14
20+ Year Trsy Bond Ishares TLT 38.23
VIX Short-Term Futures ETN Ipath VXX 27.65


Click here to register for a live webinar with Larry Connors where he will be previewing the material and strategies presented at the upcoming 1st ConnorsRSI Trading Summit.


5 Most Oversold Stocks

Name Symbol ConnorsRSI Price
Community Health Systems CYH 6.03 $43.91
Sk Telecom Corporation SKM 8.34 $17.77
Gencorp Inc. GY 9.88 $13.23
Herbalife Ltd HLF 9.96 $36.95
Darden Restaurants DRI 10.96 $49.10


5 Most Oversold ETFs

Name Symbol ConnorsRSI Price
Iboxx 3Yr Target Dur Tips ETF Fl TDTT 16.21 $25.50
VIX Short-Term Futures ETF Prosh VIXY 27.13 $10.38
Short-Treasury Bond Ishares SHV 27.27 $110.23
VIX Short-Term Futures ETN Ipath VXX 27.65 $19.29
Short S&P 500 Proshares SH 29.67 $30.62


5 Most Oversold Leveraged ETFs

Name Symbol ConnorsRSI Price
Ultrapro Short QQQ Proshares SQQQ 22.25 $33.43
Ultrashort QQQ Proshares QID 24.81 $26.11
Ultra VIX Short-Term Fut ETF Pro UVXY 26.98 $6.95
Ultrapro Short S&P 500 Proshares SPXU 27.96 $27.45
Direxion Daily S&P 500 Bear 3X S SPXS 28.21 $12.22


5 Most Overbought Stocks and ETFs

Name Symbol ConnorsRSI Price
Vale S.A. VALE 96.20 $18.25
Cys Investments Inc CYS 95.31 $12.11
Nps Pharmaceuticals NPSP 95.04 $11.69
Level 3 Communications LVLT 94.87 $21.20
Fibria Celulose S.A. FBR 94.57 $12.77


Do You Know How to Successfully Scale Into Your ETF Trades?

Do you want to learn how to achieve lower average purchase prices and greater overall gains by applying the ConnorsRSI momentum oscillator to your ETF trading?

Click here to download your copy of ETF Scale-In Trading.