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.