ceo overhellman came on our air and said, overall i think we're close to the bottom. for a company that has seen declining revenues since 2012, saying we are close to a bottom, that's a change intaupe. honeywell, earnings up 9% year over year, that's good. officials noted growth in the key aerospace category had accelerated in the current quarter. why were the stocks do slightly today? because the stocks have had a nice rally since the february bottom and they're expensive right now. what does all this mean for the markets? there's a change in tone, however modest, and that's good sign for earnings in the second half of the year and it credits the chances that we can end this earnings recession, this four consecutive quarters of earnings decline in the s&p 500. for "nightly business report" i'm bob pisani at the new york stock exchange. >>> what are the earnings telling us? our guest concedes corporate profits have been a very mixed bag but thinks the worst of the earnings slump is passing. karen cavenaugh is senior market strategist with voya investment management. k