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Technology Stocks : Semi Equipment Analysis
SOXX 360.46+2.7%Jan 28 4:00 PM EST

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To: Donald Wennerstrom who wrote (58293)11/28/2012 4:43:30 PM
From: Return to Sender1 Recommendation  Read Replies (2) of 95790
 
Chart of the Day

chartoftheday.com



With third-quarter earnings largely in the books (over 97% of S&P 500 corporations have reported), today's chart provides some long-term perspective to the current earnings environment by focusing on 12-month, as reported S&P 500 earnings. Today's chart illustrates how earnings declined over 92% from its Q3 2007 peak to Q1 2009 low which brought inflation-adjusted earnings to near Great Depression lows. From its Q1 2009 low, S&P 500 earnings surged to a level that approached its credit bubble peak. Since Q4 2011, however, earnings have gone flat and have actually declined over the past two months. In the end, the latest data has inflation-adjusted earnings making new 13-month lows.

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