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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