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 69.38
Powershares QQQ QQQ 68.79
Russell 2000 ETF IWM 13.59
S&P GSCI Crude Oil TR Index ETN OIL 59.30
SPDR Gold GLD 17.14
20+ Year Trsy Bond Ishares TLT 35.77
VIX Short-Term Futures ETN Ipath VXX 24.37

 

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5 Most Oversold Stocks

Name Symbol ConnorsRSI Price
Steelcase Inc. SCS 1.62 $13.36
The Nasdaq Omx Group NDAQ 3.46 $27.91
United States Steel Corp. X 3.88 $17.65
Arcelormittal MT 4.11 $12.26
Virnetx Holding Corp VHC 4.14 $16.86

5 Most Oversold ETFs

Name Symbol ConnorsRSI Price
Silver Trust Ishares SLV 3.07 $26.35
SPDR S&P Metals & Mining XME 6.54 $38.26
SPDR S&P Oil & Gas Exploration & XOP 9.00 $58.87
SPDR S&P Regional Banking ETF KRE 9.36 $31.15
Junior Gold Miners ETF Market Ve GDXJ 9.94 $15.67

5 Most Oversold Leveraged ETFs

Name Symbol ConnorsRSI Price
Ultra Silver Proshares AGQ 3.18 $34.81
Gold Miners Bull 3X Direxion NUGT 8.41 $23.79
Smallcap Bull 3X Direxion TNA 15.28 $42.27
Ultra VIX Short-Term Fut ETF Pro UVXY 24.45 $7.25
Direxion Daily S&P 500 Bear 3X S SPXS 29.15 $12.23

5 Most Overbought Stocks and ETFs

Name Symbol ConnorsRSI Price
Omega Healthcare Investors OHI 99.01 $31.49
Unitedhealth Group Inc. UNH 98.83 $61.74
Aetna Inc. AET 98.71 $54.30
Astex Pharmaceuticals Inc ASTX 98.33 $5.05
Coventry Health Care CVH 98.29 $48.27

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