We talk a lot about the “internals” of the market here on this newsletter.
For instance, I’ve been talking lately about the rotation happening beneath the surface.
For today, let’s look at another key internal metric of the market – earnings.
Chart of the Day
This chart shows the forward earnings expectations by analysts for all 500 S&P 500 companies.
At the end of last year, they expected an average of $268 earnings per share.
As of last week, that figure has moved up to $299…
And for 2026, analysts are expecting a $304 earnings per share.
In short, they’re expecting a fundamental pillar of the market – earnings – to keep going up.
Again, the analysts could very well be mistaken.
But remember, we’re not talking about one single analyst here…
We’re talking about hundreds of them in aggregate – making this figure a much more reliable signal.
Plus, as I explain below – it’s not just the analysts that are optimistic.
Insight of the Day
Both analysts and insiders are getting increasingly bullish.
Take a look at this chart.
The green bars show the insider buy/sell ratio by month.
The taller the bars, the more insiders are buying than selling.
And as you can see, November is seeing the heaviest insider buying since August – and far higher than September or October.
Like I said, it’s not just the analysts that are optimistic – the insiders are too.
And they’re not just talking about it – they’re actively betting on it.
These insiders know more about their companies than even the best Wall Street analysts…
So when the insiders move in, we should all pay attention.
That’s why later this morning at 11 a.m. Eastern…
I’m going LIVE to show you how to follow these insider bets for a shot at moves like 771% in 2 months… 157% in 2 weeks… and 321% in 2 days.
I’ll be showing you:
- Where to find insider trades – publicly and legally
- How to tell which ones matter (and which to ignore)
- The 3 unusual signals that insiders leave behind when they’re confident a stock is about to move
Essentially handing you the keys to immediately start using this strategy for yourself.
So click here to lock in your spot for my live insider session…
And I’ll see you later this morning at 11 a.m. ET.
P.S. If you’re planning to attend on a mobile device, make sure you download the presentation app now so you don’t miss anything when it starts. See you there.
iOS: https://apps.apple.com/us/app/goto/id1465614785
Android: https://play.google.com/store/search?q=goto&c=apps
Customer Story of the Day
“Ross is always current, on top of market trends and why they move. It's because of the "why" that I am an Alpha and Fire Trader 's member.
Well worth the investment! You will be glad you joined!”
Ross Givens
Editor, Stock Surge Daily
