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Feb 06 2026

Excellent Start To Q4 Reporting

  • Feb 6, 2026

The first Up/Down ratio for Q4 is 2.63. Once again, this is another new high for the “one-month” ratio measured back to the amazing earnings growth following the 2020 EPS washout. Given the results of the past three quarters, this “contemporary record” storyline in our Up/Down work is feeling repetitive.

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About The Author

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

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