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 73.54
Powershares QQQ QQQ 69.21
Russell 2000 ETF IWM 60.63
S&P GSCI Crude Oil TR Index ETN OIL 89.23
SPDR Gold GLD 24.43
20+ Year Trsy Bond Ishares TLT 62.06
VIX Short-Term Futures ETN Ipath VXX 20.08


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5 Most Oversold Stocks

Name Symbol ConnorsRSI Price
Amarin Corporation Plc AMRN 2.33 $6.97
Tibco Software TIBX 6.53 $20.00
Mylan Inc. MYL 7.05 $29.02
Molycorp Inc MCP 7.14 $5.35
Penn West Petroleum Ltd PWE 9.17 $11.03

5 Most Oversold ETFs

Name Symbol ConnorsRSI Price
VIX Short-Term Futures ETF Prosh VIXY 19.54 $10.83
VIX Short-Term Futures ETN Ipath VXX 20.08 $20.14
Gold Trust Ishares IAU 24.37 $15.55
SPDR Gold GLD 24.43 $154.72
DJ US Home Construction Ishares ITB 25.55 $23.98

5 Most Oversold Leveraged ETFs

Name Symbol ConnorsRSI Price
Ultra VIX Short-Term Fut ETF Pro UVXY 19.06 $7.58
Energy Bear 3X Direxion ERY 23.75 $5.43
Gold Miners Bull 3X Direxion NUGT 24.50 $5.40
Direxion Daily S&P 500 Bear 3X S SPXS 25.29 $12.39
Ultrashort S&P 500 Proshares SDS 25.98 $44.24

5 Most Overbought Stocks and ETFs

Name Symbol ConnorsRSI Price
National Retail Properties NNN 96.74 $35.92
Amgen Inc. AMGN 95.94 $98.66
Omega Healthcare Investors OHI 95.21 $29.74
Covidien Plc. COV 95.16 $67.53
Reynolds American Inc RAI 95.02 $44.41

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