Second Quarter Earnings Preview

On Today’s show Tyler and Jordan discuss the second quarter earnings expectations for the S&P 500. Estimated earnings growth for the S&P 500 is 63% and would represent the fastest year-over-year earnings growth since 2009.  Higher commodity prices are expected to benefit the Energy and Materials sectors while the Airline industry continues to improve, but expectations are still for a net loss during the quarter. Jordan is most interested in the Banks and Homebuilding industries keeping an eye on interest rates and home prices. Tyler is focused on consumer spending by following Visa and card transactions.