Getting Ready for Wednesday Morning’s Trading 5/22/13
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 | 64.41 |
| Powershares QQQ | QQQ | 64.82 |
| Russell 2000 ETF | IWM | 70.09 |
| S&P GSCI Crude Oil TR Index ETN | OIL | 30.38 |
| SPDR Gold | GLD | 34.82 |
| 20+ Year Trsy Bond Ishares | TLT | 71.16 |
| VIX Short-Term Futures ETN Ipath | VXX | 71.03 |
5 Most Oversold Stocks
| Name | Symbol | ConnorsRSI | Price |
|---|---|---|---|
| Anglogold Ashanti Ltd | AU | 3.21 | $16.38 |
| The Travelers Companies Inc | TRV | 3.80 | $83.63 |
| Community Health Systems | CYH | 4.25 | $43.23 |
| Validus Holdings | VR | 7.88 | $35.94 |
| Rackspace Hosting Inc | RAX | 8.21 | $38.01 |
5 Most Oversold ETFs
| Name | Symbol | ConnorsRSI | Price |
|---|---|---|---|
| Mexico Investable Mkt Idx MSCI I | EWW | 7.63 | $68.75 |
| FTSE Nareit Mort Plus Cp Idx Ish | REM | 15.80 | $14.78 |
| India Earnings Wisdomtree | EPI | 16.02 | $18.77 |
| DJ US Home Construction Ishares | ITB | 24.26 | $25.50 |
| Silver Trust Ishares | SLV | 25.77 | $21.62 |
5 Most Oversold Leveraged ETFs
| Name | Symbol | ConnorsRSI | Price |
|---|---|---|---|
| 3X Inverse Natural Gas ETN Veloc | DGAZ | 16.17 | $9.32 |
| Ultra Silver Proshares | AGQ | 25.70 | $22.52 |
| 3X Long Silver ETN Velocityshare | USLV | 25.78 | $8.96 |
| Ultrashort 20+ Year Treasury Pro | TBT | 27.56 | $64.38 |
| Smallcap Bear 3X Direxion | TZA | 28.72 | $30.55 |
5 Most Overbought Stocks and ETFs
| Name | Symbol | ConnorsRSI | Price |
|---|---|---|---|
| Cameco Corp. | CCJ | 97.37 | $22.29 |
| Cubist Pharmaceuticals | CBST | 96.33 | $55.46 |
| Leapfrog Enterprises Inc | LF | 95.88 | $10.07 |
| Century Aluminum Company | CENX | 95.37 | $10.01 |
| Tivo Inc. | TIVO | 94.97 | $12.92 |
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