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Nov 08 2025

Earnings Momentum Holds Firm

  • Nov 8, 2025

The Up/Down ratio reads 2.14. We have to go all the way back to October 2021 to find a higher “one-month” ratio. Aside from the Q1-25 hiccup, the ratio has advanced the past seven quarters and now sits at a level generally associated with a robust economy.

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About The Author

Phil Segner / Sr. Research Analyst & Co-Portfolio Manager