Earnings blowout alert 📈
About 63% of S&P 500 companies crushed earnings by over 1 standard deviation — the best showing in 4 years.
🟡 Long-term avg: 48%
🟡 Strongest quarter in 25+ years (ex-post-pandemic)
🟡 Only 10% missed big — below average
This kind of momentum is rare.
Valuations aren’t bargain-bin, but the market’s footing looks solid.
