The stock market
- Thread starter movetheboat
- Start date
BennyV
Well-Known Angler
I don’t hold any but they’re all back up big today.hows that CRAPTO COIN NOW?
Snapprhead27
Well-Known Angler
I still have those crypto
movetheboat
Well-Known Angler
Someone woke up on the wrong side of Maine.,....congratulations on joining the cast of cranky old farts around here
movetheboat
Well-Known Angler
told ya!!! lol
movetheboat
Well-Known Angler
headed to all times highs again......people are flush with cash and there is pent up demand for goods and services....business is booming!! the downside is the inflationary pressure.. We may have to test last fridays LOWS ...maybe not
movetheboat
Well-Known Angler
S&P 500 Makes Dash to Fresh Record as B**** Seals Infrastructure Deal
wader
Well-Known Angler
movetheboat
Well-Known Angler
June Market Wrap: Despite Rate Hike Worries, Stocks Land Solid Performance
By Investing.com (Charley Blaine/Investing.com)Stock Markets3 hours ago (Jul 01, 2021 06:21AM ET)
The people who buy and sell stocks for a living seemed to panic in mid-June. The way they saw things, the Federal Reserve was suddenly signaling it might start raising interest rates again—at the end of 2022 instead of sometime in 2023.
movetheboat
Well-Known Angler
NEW MARKET HIGH TODAY!!!
wader
Well-Known Angler
the one bright spot in a market bleeding red
So far. With any luck it'll hold through the rest of the day.
Set a new 52 week high along the way.
So far. With any luck it'll hold through the rest of the day.
Set a new 52 week high along the way.
wader
Well-Known Angler
Snapprhead27
Well-Known Angler
All week it has
wader
Well-Known Angler
I was doing OK until today..........................
movetheboat
Well-Known Angler
8 months later and it's at 300!!! Definetly the right horse to pick in the race....disclaimer...I no longer own it
anti vaxxers not helping
florida has 25% of all new cases
anti vaxxer red state morons are getting
sick and comprise 99% of hospitializations
so a world wide eco slowdown seems to be in progress
Last edited:
Snapprhead27
Well-Known Angler
They saying the varient is not helping the market today ?
its not just the variant but the people who can still get sick from it... still haven't heard if my allergist has been discharged yet let alone if it was the variant or which variant that put him in the hospital. I would think his practice is all but kaput having been out sick since April.
movetheboat
Well-Known Angler
for you Daddy....FWIW
Estée Lauder (EL) Stock Takes Breather From Record Highs
By: Schaeffer's Investment Research | July 19, 2021
• EL just announced the promotion of Sue Fox to President of U.K., Ireland
• EL's post-pandemic recovery sparked a bullish run for the stock
The Estée Lauder Companies Inc. (NYSE:EL) is one of the world’s leading manufacturers and marketers of skin care, makeup, fragrance, and hair care products. Estée Lauder’s products are sold in approximately 150 countries and territories under brand names including: Estée Lauder, Aramis, Clinique, Lab Series, Origins, Tommy Hilfiger, M·A·C, and many others. This morning, EL is trading lower with the broader market, down 3.2% at $317.
On July 14, Estée Lauder announced that Sue Fox was promoted to President of Estée Lauder U.K. and Ireland. Since January 2020, Fox has held the position of Senior Vice President and General Manager, in which capacity she was responsible for overseeing EL’s business in its most established regions outside the United States.
Analysts are currently projecting a major drop in earnings per share (EPS) for Estée Lauder's Q2 report, anticipating $0.50 after the company produced an EPS of $1.62 in Q1. As another side note, though, Estée Lauder has outperformed analyst earnings expectations on all three of its most recent earnings reports. The last earnings miss for the company occurred for Q2 of 2020, when the company missed estimates by a margin of $0.34.
Estée Lauder stock has increased by about 60% year-over-year and is up by 70% since bottoming at its July 2020 low of $187.75. Additionally, shares of EL have grown by 19% year-to-date and recently reached a record high of $328.64 on July 16. Estée Lauder stock also has a forward dividend of $2.12 and a dividend yield of 0.65%.
Meanwhile, in the options pits, traders are leaning bearish. This is per the security's 50-day put/call volume ratio of 1.03, which stands higher than 94% of readings at the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX).
Overall, at a market cap of $114 billion and a price-earnings ratio of 83.76, Estée Lauder stock doesn’t offer a lot by way of growth potential, especially considering the limitations of having a business model based on the retail of consumer products. Estée Lauder stock also has a forward price-earnings ratio of 44.84, which is a big improvement, but still suggests that the company is overvalued. Nonetheless, Estée Lauder is on track to recover from their pandemic revenue and net income losses. EL will likely continue on an upward trajectory, but it is important to note that Estée Lauder stock’s price is at an all-time high so it may be worth waiting for a better entry point.
Estée Lauder (EL) Stock Takes Breather From Record Highs
By: Schaeffer's Investment Research | July 19, 2021
• EL just announced the promotion of Sue Fox to President of U.K., Ireland
• EL's post-pandemic recovery sparked a bullish run for the stock
The Estée Lauder Companies Inc. (NYSE:EL) is one of the world’s leading manufacturers and marketers of skin care, makeup, fragrance, and hair care products. Estée Lauder’s products are sold in approximately 150 countries and territories under brand names including: Estée Lauder, Aramis, Clinique, Lab Series, Origins, Tommy Hilfiger, M·A·C, and many others. This morning, EL is trading lower with the broader market, down 3.2% at $317.
On July 14, Estée Lauder announced that Sue Fox was promoted to President of Estée Lauder U.K. and Ireland. Since January 2020, Fox has held the position of Senior Vice President and General Manager, in which capacity she was responsible for overseeing EL’s business in its most established regions outside the United States.
Analysts are currently projecting a major drop in earnings per share (EPS) for Estée Lauder's Q2 report, anticipating $0.50 after the company produced an EPS of $1.62 in Q1. As another side note, though, Estée Lauder has outperformed analyst earnings expectations on all three of its most recent earnings reports. The last earnings miss for the company occurred for Q2 of 2020, when the company missed estimates by a margin of $0.34.
Estée Lauder stock has increased by about 60% year-over-year and is up by 70% since bottoming at its July 2020 low of $187.75. Additionally, shares of EL have grown by 19% year-to-date and recently reached a record high of $328.64 on July 16. Estée Lauder stock also has a forward dividend of $2.12 and a dividend yield of 0.65%.
Meanwhile, in the options pits, traders are leaning bearish. This is per the security's 50-day put/call volume ratio of 1.03, which stands higher than 94% of readings at the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX).
Overall, at a market cap of $114 billion and a price-earnings ratio of 83.76, Estée Lauder stock doesn’t offer a lot by way of growth potential, especially considering the limitations of having a business model based on the retail of consumer products. Estée Lauder stock also has a forward price-earnings ratio of 44.84, which is a big improvement, but still suggests that the company is overvalued. Nonetheless, Estée Lauder is on track to recover from their pandemic revenue and net income losses. EL will likely continue on an upward trajectory, but it is important to note that Estée Lauder stock’s price is at an all-time high so it may be worth waiting for a better entry point.
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