Like most market components, SCHW is fresh off a sharp pullback, yesterday hitting its lowest level since October. Today's pop has the equity reclaiming support at the $72 level, as well as the 320-day moving average. Plus, the shares have swung back to the positive side of their year-to-date breakeven.

Schwab reported earnings of 74 cents on revenue of $4.7 billion. Shares of Schwab rose 3.7% in premarket trading on Thursday. Schwab said it hauled