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 according to ConnorsRSI as of Tuesday’s close. This Watchlist was created using the TradingMarkets Screener.

Top 5 Oversold Stocks

(Click Symbol for More Details)

Name Symbol ConnorsRSI Price
Red Hat RHT 4.99 $52.80
Oncothyreon Inc . ONTY 7.19 $2.10
Capital One Financial Corp. COF 8.91 $56.16
Garmin Ltd GRMN 8.95 $38.89
Ironwood Pharmaceuticals IRWD 9.55 $13.17

Top 5 Oversold ETFs

Name Symbol ConnorsRSI Price
Malaysia Index MSCI Ishares EWM 6.70 $14.77
Short S&P 500 Proshares SH 14.27 $32.46
Short Russell 2000 Proshares RWM 14.83 $22.90
VIX Short-Term Futures ETN Ipath VXX 16.76 $23.30
VIX Short-Term Futures ETF Prosh VIXY 21.34 $12.46

Top 5 Oversold Leveraged ETFs

Name Symbol ConnorsRSI Price
Energy Bear 3X Direxion ERY 8.00 $6.38
Financial Bear 3X Direxion FAZ 8.93 $12.69
Direxion Daily S&P 500 Bear 3X S SPXS 12.01 $14.64
Ultrashort S&P 500 Proshares SDS 12.62 $49.27
Ultrapro Short S&P 500 Proshares SPXU 12.65 $32.81

 

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