This Day On The Street
Continue to site
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

4 Stocks Soaring on Monster Volume

Spectra Energy Partners

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

Get Adobe Flash player

Spectra Energy Partners (SEP - Get Report) engages in the transportation of natural gas through interstate pipeline systems, and the storage of natural gas in underground facilities in the U.S. This stock is trading up 2.1% at $31.40 in recent trading.

Today's Volume: 240,000

Average Volume: 102,417

Volume % Change: 386%

Shares of SEP are moving modestly higher today after the company announced that the board of directors of its general partner declared a quarterly cash distribution to shareholders of 49 cents per share, an increase of one-half cent over the previous level of 48.5 cents per share.

>>5 Stocks Ready for a Dividend Boost in 2012

From a technical perspective, SEP is gapping higher here back above its 200-day moving average of $31.17 with above-average volume. This move is quickly pushing SEP within range of triggering a near-term breakout trade. That trade will hit once SEP manages to take out its 50-day at $31.91, and then once it moves above some near-term overhead resistance at $32.66 to $32.85 with high volume.

Traders should now look for long-biased trades in SEP as long as its trending above its 50-day, and then once it sustains a move or close above those breakout levels with volume that hits near or above 102,417 shares. If that breakout triggers soon, then look for SEP to hit $35 or higher in the near future.

To see more stocks rising on unusual volume, check out the Stocks Rising on Unusual Volume portfolio on Stockpickr.

-- Written by Roberto Pedone in Winderemere, Fla.


Follow Stockpickr on Twitter and become a fan on Facebook.
At the time of publication, author had no positions in stocks mentioned.

Roberto Pedone, based out of Windermere, Fla., is an independent trader who focuses on stocks, options, futures, commodities and currencies. He is also an outside contributor to and maintains the website, which he sold to Blue Wave Advisors in 2008. Roberto studied International Business at The Milwaukee School of Engineering, and he spent a year overseas studying business in Lubeck, Germany.
5 of 5

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
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
MM $0.00 0.00%
FB $117.52 7.90%
IBKC $58.80 3.10%
SEP $49.39 -0.84%
AAPL $95.03 -2.90%


Chart of I:DJI
DOW 17,830.76 -210.79 -1.17%
S&P 500 2,075.81 -19.34 -0.92%
NASDAQ 4,805.2910 -57.85 -1.19%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs