Daily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow BMO chief investment strategist Brian Belski offered four major takeaways from the second quarter of Canadian earnings reports so far, “With 85 per cent of Canadian companies out with their results, second-quarter earnings are posting a solid 3.8-per-cent positive surprise on average. However, if Energy is excluded, the S&P/TSX is exceeding expectations by a much stronger 6 per cent on average … Here are four key takeaways from second-quarter earnings so far: 1. Stay Selective: Earnings dispersion remains wide, suggesting investors should remain highly selective….