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

3 Volume Surges on Obama Reelection

Sturm, Ruger & Company

Sturm, Ruger & Company (RGR - Get Report) is principally engaged in the design, manufacture, and sale of firearms to domestic customers. This stock is trading up 6.1% at $47.38 in recent trading.

Today's Volume: 786,000

Average Volume: 409,451

Volume % Change: 191%

Shares of RGR are soaring today after President Barack Obama was re-elected, mirroring a similar surge in 2008 and 2009 when fears â¿¿ later proven to be unfounded â¿¿ of new regulation on gun ownership generated brisk sales.

From a technical perspective, RGR is gapping sharply higher here back above its 50-day moving average of $46.33 with above-average volume. This move is quickly pushing RGR within range of triggering a near-term breakout trade. That trade will hit once RGR manages to clear some near-term overhead resistance at $48.01 with high volume.

Traders should now look for long-biased trades in RGR as long as it's trending above its 50-day at $46.33, and then once it sustains a move or close above $48.01 with volume that hits near or above 409,451 shares. If that breakout triggers soon, then RGR will set up to re-test or possibly take out its next major overhead resistance levels at $50 to $51.59. Any high-volume move above $51.59 will then put it next major overhead resistance level of $57.04 into focus for RGR.

Vanguard Health Systems

Vanguard Health Systems (VHS) is an operator of regionally-focused integrated healthcare delivery networks with significant presence in several large and attractive markets. This stock is trading up 9.1% at $11.54 in recent trading.

Today's Volume: 1.14 million

Average Volume: 211,268

Volume % Change: 867%

Shares of hospital operators like VHS are ripping higher today after voters re-elected President Barack Obama, helping preserve the 2012 health care reform law and its expansion of health insurance coverage.

From a technical perspective, VHS is gapping up sharply higher here back above its 50-day moving average of $11.07 with monster upside volume. This move has also pushed VHS into breakout territory, since the stock has taken out some near-term overhead resistance at $11.18. Traders should now watch for the next major breakout trade to trigger for VHS. That trade will hit once VHS manages to take out some near-term overhead resistance and its 52-week high at $12.79.
2 of 3

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

Check Out Our Best Services for Investors

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
VHS $0.00 0.00%
RGR $62.51 -1.99%
SWHC $21.04 -1.17%
AAPL $94.99 -0.02%
FB $99.54 -0.21%


Chart of I:DJI
DOW 16,014.38 -12.67 -0.08%
S&P 500 1,852.21 -1.23 -0.07%
NASDAQ 4,268.7630 -14.99 -0.35%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs