Tuesday, July 10, 2018Market indexes are blossoming over the past week or so, even as global uncertainties begin to pile up regarding trade tensions with China and other important commerce partners, leadership issues in the U.K. ahead of tomorrow’s NATO meeting in Brussels, and elsewhere. But there is a bright, shining beacon markets appear to be attracted to currently: Q2 earnings season.Q2 may be among the strongest we’ve seen in our entire multi-year economic recovery (though Q1’s +24.6% year over year earnings growth will be tough to surmount), with a possible 4-handle on GDP for the quarter expected by a plurality of analysts later this month. Results from companies on the S&P 500 have already begun to start off this earnings season with a bang — companies like Nike NKE and FedEx FDX outperformed estimates in past weeks — and expectations are big coming into the heart of Q2 reporting.We see at the end of this week some of the biggest banks in the country reporting, including JPMorgan JPM, Citigroup C and Wells Fargo WFC. And, while year over year growth is expected to be substantial for these and companies like them, the Finance sector overall is underperforming the overall market. This has more to do with interest rate level questions and concerns about the yield spread between the 2-year and 10-year bond than the machinations of the companies themselves.For a comprehensive view of banks’ performance and what to look for in Q2, check out Zacks Director of Research Sheraz Mian’s latest Earnings Preview: What’s Keeping Bank Stocks Down?Ahead of today’s opening bell, Zacks Rank #4 (Sell)-rated PepsiCo PEP put out a mixed earnings report, beating on the bottom line by a dime to $1.61 per share — up 7% in constant currency terms year over year. Revenues came in a smidge beneath expectations at $16.1 billion for the quarter, but shares are currently up about 2 1/2% in today’s pre-market. For more on PEP’s earnings, click here.Another interesting stock, reporting after the closing bell today, should be VOXX International VOXX, a small-cap audio/visual and security firm specializing in auto and mobile (formerly Audiovox). This company, over the past two quarters has averaged a positive earnings surprise over 450%. Tomorrow, we look for results on Delta Air Lines DAL, Fastenal FAST and AngioDynamics ANGO.Mark VickerySenior EditorQuestions or comments about this article and/or its author? Click here>>Today's Stocks from Zacks' Hottest StrategiesIt's hard to believe, even for us at Zacks. But while the market gained +21.9% in 2017, our top stock-picking screens have returned +115.0%, +109.3%, +104.9%, +98.6%, and +67.1%.And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - 2017, the composite yearly average gain for these strategies has beaten the market more than 19X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.See Them Free>>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Delta Air Lines, Inc. (DAL): Free Stock Analysis Report JPMorgan Chase & Co. (JPM): Free Stock Analysis Report Wells Fargo & Company (WFC): Free Stock Analysis Report Citigroup Inc. (C): Free Stock Analysis Report Pepsico, Inc. (PEP): Free Stock Analysis Report Fastenal Company (FAST): Free Stock Analysis Report VOXX International Corporation (VOXX): Free Stock Analysis Report AngioDynamics, Inc. (ANGO): Free Stock Analysis Report NIKE, Inc. (NKE): Free Stock Analysis Report FedEx Corporation (FDX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report