Here's Why Third Quarter Earnings May Bring an Early Christmas to Wall St.

Third quarter earnings for S&P 500 companies are set to decline 1.8% year-over-year according to FactSet, but one analyst is more optimistic. "We actually think that earnings are going to be better than that particular forecast," said Maximilan Kunkel, a cross-asset strategist at UBS Wealth Management, based in Zurich, citing a strong dollar and a reversal in recent weakness in technology earnings. He thinks the looming earnings growth is likely to push U.S. stocks higher and sees the S&P 500 rising to 2,250 over the next six months. TheStreet's Scott Gamm reports from Wall Street.