This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

8 Stocks Soaring on Big Volume

American International Group

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

American International Group (AIG - Get Report) is an international insurance company, serving customers in more than 130 countries. This stock is trading up 1.8% at $35.06 in recent trading.

Today's Volume: 28.5 million

Average Volume: 19.1 million

Volume % Change: 206%

Shares of AIG are moving modestly higher here after the company said the U.S. government is no longer the majority owner, after the Treasury Department wrapped up a planned sale of AIG stock, which netted the government around $20.7 billion.

>>4 Big Bank Plays From JPMorgan

From a technical perspective, AIG is trending higher here with above-average volume. This move is quickly pushing AIG within range of triggering a major breakout trade. That trade will hit once AIG clears some near-term overhead resistance at $35.36 with high volume. At last check, AIG has hit an intraday high of $35.42 and volume is well above its three-month average action.

Traders should now look for long-biased trades in AIG once it sustains a move or close above $35.36 with volume that's near or above 19.1 million shares. If that breakout triggers soon, then AIG will have a great chance of hitting $40 to $45 in the near future.

6 of 9

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
ALJ $15.83 0.00%
AIG $57.43 0.00%
DIOD $27.64 0.00%
ELLI $55.69 0.00%
SNE $30.01 0.00%

Markets

DOW 17,826.30 -279.47 -1.54%
S&P 500 2,081.18 -23.81 -1.13%
NASDAQ 4,931.8150 -75.9760 -1.52%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs