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 68.12
Powershares QQQ QQQ 64.93
Russell 2000 ETF IWM 76.26
S&P GSCI Crude Oil TR Index ETN OIL 85.33
SPDR Gold GLD 68.57
20+ Year Trsy Bond Ishares TLT 12.22
VIX Short-Term Futures ETN Ipath VXX 25.26

5 Most Oversold Stocks

Name Symbol ConnorsRSI Price
Fusion-Io Inc. FIO 4.88 $19.45
Lexmark International LXK 5.24 $23.74
First Solar FSLR 6.26 $27.94
Vmware VMW 8.39 $77.14
Headwaters Inc. HW 8.77 $9.34

 

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5 Most Oversold ETFs

Name Symbol ConnorsRSI Price
Emrg Mkts Sovereign Debt Powersh PCY 7.73 $30.80
Iboxx $ Invest Grade Corp Bond I LQD 9.72 $119.73
Tips Bond Ishares TIP 11.45 $120.38
USD Emrg Mkts Bond Ishares EMB 12.07 $120.90
20+ Year Trsy Bond Ishares TLT 12.22 $116.95

5 Most Oversold Leveraged ETFs

Name Symbol ConnorsRSI Price
Energy Bear 3X Direxion ERY 18.93 $5.91
Smallcap Bear 3X Direxion TZA 23.68 $10.96
Ultra VIX Short-Term Fut ETF Pro UVXY 24.85 $10.45
Ultrashort Euro Proshares EUO 28.58 $18.14
Ultrashort S&P 500 Proshares SDS 30.80 $48.24

5 Most Overbought Stocks and ETFs

Name Symbol ConnorsRSI Price
American Electric Power Company AEP 97.85 $45.02
Hollyfrontier Corp HFC 97.55 $50.50
Ypf Sociedad Anonima YPF 97.30 $17.45
Cosan Limited CZZ 97.07 $19.45
Phillips 66 Common Stock PSX 96.58 $59.88

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