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 | 68.91 |
| Powershares QQQ | QQQ | 34.92 |
| Russell 2000 ETF | IWM | 70.67 |
| S&P GSCI Crude Oil TR Index ETN | OIL | 72.90 |
| SPDR Gold | GLD | 53.80 |
| 20+ Year Trsy Bond Ishares | TLT | 32.37 |
| VIX Short-Term Futures ETN Ipath | VXX | 21.04 |
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5 Most Oversold Stocks
| Name | Symbol | ConnorsRSI | Price |
|---|---|---|---|
| Abbvie Inc. Common Stock | ABBV | 4.31 | $35.42 |
| Nuance Communications | NUAN | 4.84 | $18.91 |
| Endo Pharmaceuticals Holdings In | ENDP | 7.74 | $28.69 |
| Medivation | MDVN | 8.08 | $54.01 |
| Genpact Limited | G | 8.55 | $16.44 |
5 Most Oversold ETFs
| Name | Symbol | ConnorsRSI | Price |
|---|---|---|---|
| DB Agriculture Powershares | DBA | 10.03 | $26.73 |
| 1-3 Year Treasury Bond Ishares | SHY | 15.42 | $84.40 |
| Junior Gold Miners ETF Market Ve | GDXJ | 19.46 | $17.98 |
| VIX Short-Term Futures ETF Prosh | VIXY | 20.64 | $11.99 |
| VIX Short-Term Futures ETN Ipath | VXX | 21.04 | $22.37 |
5 Most Oversold Leveraged ETFs
| Name | Symbol | ConnorsRSI | Price |
|---|---|---|---|
| Financial Bear 3X Direxion | FAZ | 17.42 | $11.64 |
| Ultra VIX Short-Term Fut ETF Pro | UVXY | 20.64 | $9.92 |
| Ultrashort Euro Proshares | EUO | 26.09 | $18.24 |
| Direxion Daily S&P 500 Bear 3X S | SPXS | 29.99 | $13.76 |
| Smallcap Bear 3X Direxion | TZA | 30.16 | $10.54 |
5 Most Overbought Stocks and ETFs
| Name | Symbol | ConnorsRSI | Price |
|---|---|---|---|
| Aol Inc. | AOL | 97.73 | $37.85 |
| Omega Healthcare Investors | OHI | 97.49 | $27.36 |
| E*Trade Financial Corp. | ETFC | 95.40 | $11.31 |
| Lowe’s Companies | LOW | 94.85 | $39.79 |
| Medical Properties Trust | MPW | 94.36 | $14.03 |
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Joshua Glasgall is Editor in Chief of TradingMarkets.com
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