Here’s a few info graphics (courtesy of the WSJ) on the Earnings so far this quarter:
Q2 2006 Earnings (by sector)
click for larger graphics
With the exception of Consumer Discretionary (up slightly) and the Financials — which are up huge year over year — every other sector is diminished, some significantly.
The message is somewhat mixed: Financials can offer leadership to a market on the upside; However, it appears the majority of sectors are seeing their earnings gains (relative speaking) taper off.
The only real stars here (relatively speaking) seem to be the brokers . . .
Checkpoint: The Quarter So Far
WSJ, July 25, 2006