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 |
Precision Rules for Selection, Setups & Exits
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