Hey, Ross here:
It may be the end of the week…
But it’s just the beginning of earnings season.
So let’s start the day by looking at a chart that shows how they’ve been performing versus expectations.
Chart of the Day
The blue line on the chart is the S&P 500 itself.
The orange bars are the percentage of S&P 500 companies with positive earnings surprises for each quarter.
As you can see, positive earnings surprises are actually the default.
And in the most recent quarter, nearly 79% of companies reported a positive earnings surprise.
This was not only ahead of the broader average…
But also higher than the average we’ve seen during the bull market of 2023 onward.
As for the data for the current quarter?
So far, 55 S&P 500 companies have reported earnings.
51 of them have beaten consensus estimates.
That’s a positive earnings surprise rate of 93%.
Now, I don’t expect the rate to stay above 90%.
But I do think that this earnings season will surprise most people…
And generate many opportunities for savvy traders.
I explain why below.
P.S Text the word “trade” to 87858 now and my team will send you this newsletter straight to your mobile. Stop wasting time digging around in your inbox.
Insight of the Day
Most analysts have likely overestimated the impact of tariffs on earnings.
Everyday the media launches a fresh attack on President Trump over tariffs.
Now look, I wasn’t a fan of how Trump initially announced his tariffs on Liberation Day…
And the market wasn’t either.
But today, we’re back at all-time highs.
And yet, I believe analysts are still overestimating the impact of tariffs on company earnings.
Maybe it’s bias…
Maybe they’re just overly influenced by the mainstream media.
I can’t say for sure.
Regardless, it seems like many companies are going to outperform expectations.
And since stock prices move on expectations…
I believe this will lead to a lot of opportunities we can take advantage of.
That’s why in just a few hours later this morning at 11 a.m. Eastern…
I’m going LIVE to show you how to take maximum advantage of these opportunities by following the insiders.
These are high ranking company executives exploiting a loophole to openly trade their company stock.
And they love to buy during earnings season.
The insider strategy I’ll be demoing has produced gains like 287%, 527%, and even 1,091%…
With the best returns all coming during these earnings windows.
So don’t miss it.
If you haven’t already, click here now to guarantee your spot for my live insider demo…
And I’ll see you in a few hours at 11 a.m. ET.
See you then.
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Customer Story of the Day
“Ross has been a consistent investment pro, guiding me for the past 2 years.
I’ve made a profit of $21,000 in that time frame.
His live Zoom’s are personal and profitable.
Calls them like he sees them, no BS! I’ve just upgraded to life membership.”
Ross Givens
Editor, Stock Surge Daily
