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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