We could be on the verge of another major oil M&A boom like the historic one that brought Exxon and Mobil together. Mergers and acquisitions have the potential to shake up a market and send some stocks soaring, but the best industry plays aren’t all that obvious.

Earnings per share (excluding one-time items) came in at $1.76, comfortably surpassing the Zacks Consensus Estimate of $1.55 and improving from the year-ago adjusted profit of $1.61.

December E-mini S&Ps this morning are up +0.12% as prices recover slightly from Tuesday's slide, while European stocks are down-0.32% on global economic concerns after the IMF yesterday cut its global GDP forecast.

As many investors enjoy the final weeks of summer, some optimistic bulls seem to be positioning themselves well ahead of Labor Day in anticipation of a fall rally. Indeed, last week’s action was impressive

Today I used Barchart to sort the S&P 500 Large Cap Index stocks to see which ones were hitting the most frequent new highs in the last month.

This morning I used Barchart to sort yesterday's list of stocks hitting All Time Highs to see which ones hit the most frequent new highs in the last month, then used the Flipchart feature to review the charts.