This Isn't An Earnings Season To Take Chances

Thought this was a good chart -

Thus far into earnings season, misses are being punished to the tune of 5.2% on average, while beats are only being reward about 1% on average.

BA 0.00%↑ , UNH 0.00%↑ , UPS 0.00%↑ , MRK 0.00%↑ come to mind. Even the SOFI 0.00%↑ move was completed sold, and the stock is down another 11% this morning.

This tone was driving my move into SDOW 0.00%↑ mentioned the other day, and it sort of feels like the market is due for at least a little reality check during this earnings season.