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Markets caught a decent bid Wednesday, as the S&P 500 rose for a sixth consecutive session. Just ahead is the big round 1500 number. Remember stocks, or benchmarks, for that matter tend to pause at round psychological figures. Could this be the case now? Perhaps, as the amount of bullishness seems deafening. That being said we did witness a good number of breakouts today, some coming on enormous volume. RKT took out a 76.28 flat base trigger, KBH a 17.40 flat base pivot. LMT and DO also took out flat base pivots of 96.02, and 73.60 respectively. Two more received volume confirmation today, and they were AGU’s 108.52 flat base trigger, and DIS and its 52.43 cup with handle trigger. Of course we are in the midst of earnings season, and although I do not like holding into the release, money can be made on the reaction. Some leaders that were hit pretty hard, but did manage to find 50 day SMA support in the process were PX SAP FISV NTRS. AAPL reported after the close and was not well received. Remember its rare, for former leaders to lead in the next leg of a new bull, and as hard as it may be to believe, AAPL may just be another tech stock going forward.Sign Up to Continue Reading