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 73.56
Powershares QQQ QQQ 74.20
Russell 2000 ETF IWM 68.13
S&P GSCI Crude Oil TR Index ETN OIL 59.75
SPDR Gold GLD 46.64
20+ Year Trsy Bond Ishares TLT 32.11
VIX Short-Term Futures ETN Ipath VXX 29.14

5 Most Oversold Stocks

Name Symbol ConnorsRSI Price
Nii Holdings NIHD 2.58 $5.83
Compania Mina Buenaventura S.A. BVN 5.09 $28.18
Mcgraw-Hill Companies MHP 6.27 $44.92
National-Oilwell NOV 7.10 $68.21
Arch Coal ACI 7.23 $6.04

 

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5 Most Oversold ETFs

Name Symbol ConnorsRSI Price
Hong Kong Index MSCI Ishares EWH 22.95 $19.93
Brazil Index MSCI Ishares EWZ 25.05 $56.12
Short S&P 500 Proshares SH 26.42 $32.00
Alerian MLP Index ETN Jpmorgan AMJ 27.31 $42.98
FTSE China 25 Index Fund Ishares FXI 28.51 $40.62

5 Most Oversold Leveraged ETFs

Name Symbol ConnorsRSI Price
Ultrashort QQQ Proshares QID 24.75 $27.38
Ultrapro Short QQQ Proshares SQQQ 25.72 $36.03
Financial Bear 3X Direxion FAZ 25.95 $12.07
Ultrapro Short S&P 500 Proshares SPXU 26.58 $31.46
Ultrashort S&P 500 Proshares SDS 26.60 $47.98

5 Most Overbought Stocks and ETFs

Name Symbol ConnorsRSI Price
Och-Ziff Capital Management OZM 99.03 $10.60
Western Union Company WU 95.49 $14.84
Becton Dickinson And Company BDX 95.05 $87.67
Humana Inc. HUM 94.49 $80.63
The Hain Celestial Group HAIN 94.05 $59.40

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