⚡ PROFITS ARE OUTPACING EXPECTATIONS — BUT HERE'S THE CATCH
S&P 500 companies are delivering an unusually strong earnings season. FactSet says the index's current 29.2% aggregate earnings surprise would be its strongest since the firm began tracking the measure in 2008.
But there is an important detail: Alphabet and Amazon contributed unusually large positive surprises. Excluding them, the earnings surprise drops to 10.9%—still above historical averages.
So the real test is whether the broader earnings strength continues.
If it does, stocks could retain support. If earnings momentum cools, record valuations could face a tougher test.
Meanwhile, keep established spot assets like $BTC, $ETH and $BNB on the radar. 📊
#sp500earningsbeatexpectations
S&P 500 companies are delivering an unusually strong earnings season. FactSet says the index's current 29.2% aggregate earnings surprise would be its strongest since the firm began tracking the measure in 2008.
But there is an important detail: Alphabet and Amazon contributed unusually large positive surprises. Excluding them, the earnings surprise drops to 10.9%—still above historical averages.
So the real test is whether the broader earnings strength continues.
If it does, stocks could retain support. If earnings momentum cools, record valuations could face a tougher test.
Meanwhile, keep established spot assets like $BTC, $ETH and $BNB on the radar. 📊
#sp500earningsbeatexpectations