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 20.44
Powershares QQQ QQQ 26.85
Russell 2000 ETF IWM 22.98
S&P GSCI Crude Oil TR Index ETN OIL 19.55
SPDR Gold GLD 87.93
20+ Year Trsy Bond Ishares TLT 86.37
VIX Short-Term Futures ETN Ipath VXX 61.66

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5 Most Oversold Stocks

Name Symbol ConnorsRSI Price
Edwards Lifesciences Corp. EW 1.75 $78.66
Tata Motors Ltd TTM 2.73 $26.08
Arena Pharmaceuticals ARNA 3.15 $7.50
Cardinal Health CAH 3.81 $42.35
Corelogic CLGX 3.92 $25.56

5 Most Oversold ETFs

Name Symbol ConnorsRSI Price
India Earnings Wisdomtree EPI 11.49 $18.21
Brazil Index MSCI Ishares EWZ 12.70 $55.06
Consumer Discret Select Sector S XLY 12.81 $51.82
Taiwan Index MSCI Ishares EWT 12.89 $13.15
Russia ETF Market Vectors RSX 13.74 $27.51

5 Most Oversold Leveraged ETFs

Name Symbol ConnorsRSI Price
Ultrashort 20+ Year Treasury Pro TBT 13.06 $66.26
Ultra DJ-UBS Crude Oil Proshares UCO 18.67 $28.68
Financial Bull 3X Direxion FAS 20.66 $162.14
Ultra S&P 500 Proshares SSO 20.86 $71.31
Ultrapro S&P 500 Proshares UPRO 22.30 $112.97

5 Most Overbought Stocks and ETFs

Name Symbol ConnorsRSI Price
US Natural Gas UNG 92.80 $21.73
Cvs Corp. CVS 92.22 $54.38
Dr Pepper Snapple Group Inc DPS 91.32 $44.98
Time Warner Cable Inc TWC 91.21 $94.14
Silver Standard Resources Inc SSRI 90.96 $10.71

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