The Q2 2015 blended S&P 500 Earnings growth is 1.3%. Excluding the energy sector, the earnings growth estimate increases to 9.0%. The Q3 2015 blended S&P 500 Earnings growth estimate is -3.9%. Excluding the energy sector, the earnings growth estimate increases to 3.7%. Source: Thomson Reuters I/B/E/S I think that Energy Stocks are interesting for short position. So I'm going to buy Daily Energy Bear 3X Shares (ERY) ETF: