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 86.08
Powershares QQQ QQQ 89.57
Russell 2000 ETF IWM 93.02
S&P GSCI Crude Oil TR Index ETN OIL 67.07
SPDR Gold GLD 55.87
20+ Year Trsy Bond Ishares TLT 28.59
VIX Short-Term Futures ETN Ipath VXX 21.39


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5 Most Oversold Stocks

Name Symbol ConnorsRSI Price
Atlantic Power Corp. AT 3.97 $5.68
Gerdau S.A. GGB 6.85 $7.83
Impax Laboratories IPXL 7.38 $14.80
Millennial Media Inc. MM 8.23 $8.40
J.C. Penney Company Inc. Holding JCP 10.18 $14.96

5 Most Oversold ETFs

Name Symbol ConnorsRSI Price
Short Russell 2000 Proshares RWM 6.44 $22.06
Short S&P 500 Proshares SH 14.14 $31.28
DB Agriculture Powershares DBA 18.70 $26.14
VIX Short-Term Futures ETN Ipath VXX 21.39 $22.28
Iboxx $ Invest Grade Corp Bond I LQD 21.53 $119.94

5 Most Oversold Leveraged ETFs

Name Symbol ConnorsRSI Price
Ultrashort Russell 2000 Proshare TWM 6.05 $20.84
Smallcap Bear 3X Direxion TZA 7.47 $10.06
Ultrashort QQQ Proshares QID 10.49 $26.29
Ultrapro Short QQQ Proshares SQQQ 11.40 $33.84
Ultrashort S&P 500 Proshares SDS 13.12 $45.79

5 Most Overbought Stocks and ETFs

Name Symbol ConnorsRSI Price
Mgic Investment Corp. MTG 98.92 $5.34
Cubesmart CUBE 97.98 $15.84
Intuit Inc. INTU 97.69 $67.88
Bmc Software BMC 97.42 $42.32
Radian Group Inc. RDN 97.40 $10.49

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