Tyler, Craig, and Jordan review the early reporters in the fourth quarter earnings season. As of the week of January 31st, companies are reporting earnings 5% better than expected. Earnings growth is just over 30% with sales growing 17%. Energy and Industrials are the standout sectors as they are coming off a low base during the fourth quarter in 2020. We review the earnings and revenue growth figures for Apple, Microsoft, and Google which surprised to the upside resulting in some positive stock price reactions. That has not been the case for all companies as we examine the average stock price reaction for companies reporting better than expected sales and earnings figures. We also consider items that are impacting the earnings revision index which is showing fewer earnings upgrades from analysts.