The market’s reaction to early corporate earnings this quarter has been unusual, revealing an interesting disconnect between financial performance and investor response. The SPY closed higher on Thursday. See the details here. Traditionally, when companies exceed earnings-per-share expectations, their stock prices tend to rise. Yet, this earnings cycle tells a different story. Read Next: Latest Beyond Meat Short-Seller? Martin Shkreli, Of CourseFirms that beat analyst forecasts are, on average, losing value ...