Daily S&P 500 INDEX TRACKER

[Edwood]

worth noting VIX is below 12 - not a lot of fear out there....

[winner69]

S&P500 still rising

Earnings going to be down for 5th quarter in a row .......and analyst forecasts for Q3 have now gone negative as well

Bit the world is happy as can be so no worries

As of today, the blended earnings decline for the second quarter for the S&P 500 stands at -3.7%. Factoring in the average improvement in earnings growth during a typical earnings season due to upside earnings surprises, it still appears likely the S&P 500 will report a year-over-year decline in earnings for the second quarter. If the index does report a year-over-year decline in earnings for the second quarter, it will mark the first time the index has reported five consecutive quarters of year-over-year declines in earnings since Q3 2008 through Q3 2009.

http://www.factset.com/insight/2016/...s#.V5PWFpEaySM

[winner69]

worth noting VIX is below 12 - not a lot of fear out there....

Then again it's implying that maybe a 3.5% increase is possible

Not much but would take S&P500 close to 2250

No worries

[winner69]

@EddyElfenbein: Of S&P 500 companies that have changed guidance, nearly 90% have been HIGHER. That's the best rate in six years.

It's all about perception - reality doesn't come into it

So 2250 beckons and then 2500

No worries