On a trailing one-year basis, as reported earnings for the S&P 500 have declined for six straight quarters, which is the longest streak since the Financial Crisis.  Based on where analyst estimates currently stand, the S&P 500 is set to break that streak in the coming quarter.

In today’s Chart of the Day sent to paid subscribers, we looked at prior periods where the S&P 500 saw at least four quarters of earnings declines on a trailing one year basis, and then calculated the S&P 500’s performance during the streak and after.  Sign up below for a free trial today to view.