S&P 500 Index with Share Weighted Earnings Average YoY Gain/Loss


From Fusion’s Kevin Lane:

“The lower chart panel at bottom tracks the share weighted average earnings (gain or loss) for each quarter on a YoY basis for S&P 500 Index companies.

For instance, @ present, with a bit more the 1⁄2 the companies reporting, S&P 500 earnings YoY (on a share weighted basis) are only up 3.3 %. The shaded green blocks show areas where YoY share weighted earnings were positive (> 0 %), while the red shaded blocks show areas where YoY share weighted S&P 500 earnings were negative (< 0%). Note the red areas were 2001-2002 and 2007,2007 and into 2009, all challenging times for the market (2009 portion). That said, we are very close to tilting back into the negative zone, though we suspect a majority of S&P 500 poor earnings are out of the way, paving the way for this number to improve a bit. However given its proximity to negative YoY territory we have to remain vigilant, especially with market technicals weaker of late.”


Category: Earnings, Markets

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

Comments are closed.