Earnings Season Is Off to a 'Promising Start.' What's Next?

1. 16% of S&P 500 companies have reported earnings; 80% beat estimates. 2. Q4 earnings growth is nearly 17%, revenue growth is about 5%. 3. Optimism in earnings calls has hit a record high among executives. 4. Many Big Tech firms will report soon, impacting market sentiment. 5. Earnings outperformance was lower than the five and ten-year averages.