Getting Ready for Wednesday Morning’s Trading 5/29/13
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 | 73.28 |
| Powershares QQQ | QQQ | 74.03 |
| Russell 2000 ETF | IWM | 77.92 |
| S&P GSCI Crude Oil TR Index ETN | OIL | 70.97 |
| SPDR Gold | GLD | 40.77 |
| 20+ Year Trsy Bond Ishares | TLT | 13.80 |
| VIX Short-Term Futures ETN Ipath | VXX | 21.81 |
5 Most Oversold Stocks
| Name | Symbol | ConnorsRSI | Price |
|---|---|---|---|
| American Capital Mortgage Inves | MTGE | 1.26 | $21.30 |
| American Capital Agency | AGNC | 1.66 | $26.41 |
| Cys Investments Inc | CYS | 1.67 | $10.79 |
| Armour Residential R | ARR | 2.20 | $5.28 |
| American Electric Power Company | AEP | 2.36 | $46.56 |
5 Most Oversold ETFs
| Name | Symbol | ConnorsRSI | Price |
|---|---|---|---|
| FTSE Nareit Mort Plus Cp Idx Ish | REM | 1.58 | $14.01 |
| Utilities Select Sector SPDR | XLU | 5.86 | $38.38 |
| DJ US Real Estate Ishares | IYR | 6.51 | $71.64 |
| Iboxx $ High Yield Corporate Bd | HYG | 6.68 | $94.36 |
| REIT Index ETF Vanguard | VNQ | 6.86 | $73.99 |
5 Most Oversold Leveraged ETFs
| Name | Symbol | ConnorsRSI | Price |
|---|---|---|---|
| Ultra 7-10 Year Treasury Proshar | UST | 12.14 | $54.81 |
| Ultrashort Russell 2000 Proshare | TWM | 15.88 | $17.48 |
| Ultra VIX Short-Term Fut ETF Pro | UVXY | 20.32 | $5.78 |
| Smallcap Bear 3X Direxion | TZA | 21.86 | $30.55 |
| Ultrashort DJ-UBS Crude Oil Pros | SCO | 23.16 | $37.61 |
5 Most Overbought Stocks and ETFs
| Name | Symbol | ConnorsRSI | Price |
|---|---|---|---|
| Jazz Pharmaceuticals | JAZZ | 98.99 | $66.68 |
| American Axle & Manufacturing | AXL | 97.09 | $17.87 |
| Health Management Associates | HMA | 95.80 | $11.80 |
| Tesla Motors | TSLA | 94.40 | $110.33 |
| Arena Pharmaceuticals | ARNA | 93.94 | $8.94 |