Opening Statement from the May 2015 issue of Dividend Gems

Opening Statement from the May 2015 issue of Dividend Gems

First published on May 17, 2015 for subscribers to Dividend Gems

Our suspicions of an improvement in Q1 earnings has come to fruition. The latest data show that S&P 500 has flipped from what was expected to be a slight decline in year-over-year earnings of 0.1% to a gain of 4.7%.

Much of this shift in earnings growth occurred over the past few weeks. Thus, we feel the recent new highs made in the S&P 500 have been due to this upbeat earnings and guidance data.