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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