Investing & trading with exchange-traded funds (ETFs) and closed-end funds (CEFs). Strategies & analysis but no buy or sell recommendations.

Visit SeekingAlpha ETFs

SPY: The Myth of a Decline in Corporate Earnings

Posted on May 16, 2008

The media are quick to point out theyear-over-year decline in company profits. For the largest 500companies in the U.S., the collective drop-off is -16.6% on 460corporate earnings reports.So why has the S&P 500 SPDR (SPY) still managed to rally 4.0% since earnings season began on April 7, 2008? Perhaps it might have something to do with 7 out of the 9 major economic segments posting gains!...

Original article link


earnings , sp