Estee Lauder | EL | Long at $63.00On November 13th, 2024, the Director of Estee Lauder NYSE:EL purchased $10,000,000+ worth of shares. From a technical analysis perspective, this makes sense as it almost double entered my "crash" simple move average lines (indicated in gray). On the rare occasion the price double dips these areas, odds are typically in my favor a rally may be ahead (obviously, without unforeseen bad news from the company). While it still may dip into the "crash" simple moving average lines ( GETTEX:50S ), I believe the "Santa Claus" rally is around the corner and we may be close to a near-term bottom for $NYSE:EL. However, this is a very risky play due to the fundamentals of the company - which currently aren't good. But future prospects from NYSE:EL may change the momentum. Thus, at $63.00, NYSE:EL is in my personal buy zone.
Target #1 - $86.00
Target #2 - $100.00
Target #3 - $120.00
EL
EL | This is Ready for a Move Higher | LONGThe Estee Lauder Companies, Inc. engages in the manufacture of skin care, makeup, fragrance and hair care products. It sells products under Estee Lauder, Clinique, Origins, MAC, Bobbi Brown, La Mer, Jo Malone London, Aveda and Too Faced. Its channels consist of department stores, multi-brand retailers, upscale perfumeries and pharmacies, and prestige salons and spas. The company was founded by Estee Lauder and Joseph Lauder in 1946 and is headquartered in New York, NY.
EL - Estee Lauder Cos: Is the end of the capitulation?up +5%.
I am buying right now, right here after this bounce of +5%.
no more than 5% to 7% of my portfolio.
I know that the stock has been completely decimated, they have high levels of debt, their profit margins have decreased from 6.9% to 4.2%, insiders have recently sold, and the dividend is not well-covered by the cash flow.
However, I have confidence in this technical rebound before the earnings announcement in 6 days.
Wish me luck, and I hope the dividend will cover the potential losses, lol.
Estée Lauder Surges 6.6% on Analyst UpgradeEstée Lauder (NYSE:EL) is making waves with a significant 6.6% surge following an analyst upgrade from Bank of America. The upgrade, from Neutral to Buy, accompanied by a raised price target, underscores renewed optimism in the beauty giant's future prospects.
Bank of America's bullish stance hinges on Estée Lauder's ( NYSE:EL ) strategic pivot towards product innovation and market expansion. The analyst highlights Estée Lauder's recent initiatives, including the rollout of new derma lines, intensified marketing efforts for flagship brands like Clinique and Estée Lauder, rejuvenation of makeup stalwarts MAC and Bobbi Brown, and a targeted marketing push for high-end brands such as LeMer.
These strategic maneuvers, coupled with restructuring efforts and supply chain optimizations, position Estée Lauder for robust earnings growth. The analyst predicts a potential earnings per share (EPS) of $6 by fiscal year 2026, buoyed by anticipated sales leverage and operational efficiencies, even in the face of modest growth projections in key markets like China.
But is now the opportune moment to add Estée Lauder to your investment portfolio?
The market's response to today's news suggests a resounding yes. Despite its historically subdued volatility, Estée Lauder's sharp uptick indicates the market's recognition of the significance of this upgrade. While this boost may not fundamentally alter perceptions overnight, it underscores growing confidence in Estée Lauder's trajectory.
Reflecting on Estée Lauder's recent performance offers a nuanced perspective. The company's earnings report paints a mixed picture, with a notable beat on second-quarter expectations offset by a shortfall in earnings forecasts for the upcoming quarter and full year. However, amidst these fluctuations, Estée Lauder remains steadfast in its commitment to a top-line recovery, projecting a return to double-digit organic net sales growth in the latter half of fiscal 2024.
Moreover, Estée Lauder's proactive measures, including a restructuring plan aimed at enhancing profitability, instill optimism in its long-term resilience. While the stock may currently trade below its 52-week high, its upward trajectory since the beginning of the year signals momentum building within the company.
For investors eyeing Estée Lauder, the journey over the past five years serves as a testament to its enduring value. Despite recent fluctuations, the stock has maintained its allure, offering a compelling opportunity for long-term growth.
In conclusion, Estée Lauder's surge on the back of an analyst upgrade underscores its potential as a lucrative investment opportunity. With strategic initiatives poised to drive earnings growth and market expansion, Estée Lauder presents a compelling proposition for investors seeking exposure to the dynamic beauty industry. As the company continues to innovate and adapt, now may indeed be the time to add a touch of Estée Lauder to your investment palette.
EL jumps on analyst upgrade LONGEL like ULTA was beaten down in covid times. It jumped in 2021 and fell in 2022 and 2023.
2024 might be the year they thrive again. On the weekly chart, EL is back to the support of
its levels of 2018. With an analyst upgrade coming from Bank of America it is now getting a
bit of attention. Trend strength and relative strength were down. I see this as a good entry
for a new long position in EL while also looking at ULTA. Targets are the fib zone and a
correction / consolidation area on the downtrend so 200 and 250. Now is the time to invest
in female beauty.....
Estee Lauder's Bold Restructuring Move: A Triumph Amidst HurdlesEstee Lauder ( NYSE:EL ) has emerged as a beacon of resilience in the cosmetics industry. The company's stock witnessed a remarkable surge of over 14% following the announcement of its second-quarter fiscal 2024 earnings, which exceeded analysts' expectations. The cosmetics giant also unveiled a strategic restructuring plan that involves job cuts, signaling a bold move to navigate the challenges of the current market landscape.
Earnings Beat:
Estee Lauder ( NYSE:EL ) reported second-quarter fiscal 2024 earnings per share (EPS) of $0.88, surpassing analysts' estimates. Despite a 7.4% decline in revenue from the previous year, the company's revenue of $4.28 billion also outperformed forecasts. This stellar financial performance comes at a crucial time for Estee Lauder ( NYSE:EL ), showcasing its ability to adapt and thrive in a changing market environment.
CEO's Vision:
CEO Fabrizio Freda articulated that Estee Lauder is at "an inflection point" and highlighted the progress made in the year's first half across various strategic priorities. Freda emphasized the reduction of inventory in the trade of Asia travel retail, improved working capital, strategic price increases, and disciplined expense management as key drivers of the positive results.
Strategic Restructuring:
Estee Lauder's ( NYSE:EL ) commitment to future growth is underscored by its decision to implement a Profit Recovery Plan, extending through fiscal years 2025 and 2026. The plan kicks off with immediate steps, including a restructuring that involves job cuts. The company aims to eliminate 3% to 5% of its workforce, impacting approximately 3,150 employees. This bold move aligns with Estee Lauder's ( NYSE:EL ) focus on enhancing efficiency and streamlining operations to drive sustained profitability.
Outlook and Projections:
Estee Lauder ( NYSE:EL ) projects a return to double-digit percent organic sales growth in the second half of the fiscal year. This optimistic outlook reflects the company's confidence in its ability to navigate challenges, capitalize on strategic initiatives, and capitalize on evolving consumer trends.
Market Response:
The market responded favorably to Estee Lauder's ( NYSE:EL ) earnings beat and restructuring plans, with shares surging 14.3% to $153.24 at on Monday. However, it's worth noting that, despite these gains, the stock is still down 41% over the past year. This discrepancy highlights both the challenges faced by the cosmetics industry and the potential for Estee Lauder to regain lost ground through decisive actions.
Conclusion:
Estee Lauder's ( NYSE:EL ) recent performance and strategic initiatives position the company as a resilient player in the cosmetics industry. The earnings beat and restructuring plan underscores Estee Lauder's ( NYSE:EL ) commitment to adapting to market dynamics and setting a course for sustained growth. Estee Lauder ( NYSE:EL ) will face challenges in the post-pandemic era, but investors and industry experts will closely monitor their progress.
SPX PULL BACK TO 87 FRIDAY algo
price has already ran the london algo yesterday playing above its target of 75. this will lead to chaos and traps as price tries to meet its order by wednesday 3 pm. much faith in the higher side has been taking out . now price will use the weak energy of the trades to lift to new highs leaving all sellers trapped for greed. if price closes just one point under 75 then it will without a doubt come to 3953 before tracing back up to the current 80 level. but before we get those depressing swing lower some relief must be made to bring hope back to the public. many think the Americans beast is dead but it wont go down without a bright flame setting all disbelievers in flames and burning all doubt in the market of who is the once great king of the world.
these stories and narritives is already priced in two weeks before they are present in market conditions. if you search for the light u will open your eyes to the truth of price .
Further drops on Estee Lauder. ELWe are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe.
BTC Is Battling in El Salvador Bitcoin is battling in El Salvador, the primary country to make the resource lawful delicate, as indicated by another report.
A study led by the Public Department of Monetary Exploration presumes that, notwithstanding El Salvador's Bitcoin Regulation, very few individuals in the nation are utilizing the cryptographic money.
The law, which inquires as to whether they have the mechanical means to do such, has been reprimanded by establishments like the World Bank and the IMF.
Scientists Fernando E. Alvarez, David Argente, and Diana Van Patten say they addressed 1,800 families in El Salvador up close and personal about their Bitcoin propensities. Their report, named "Are Cryptographic forms of money Monetary standards? Bitcoin as Lawful Delicate in El Salvador," asserts that "utilization of Bitcoin for ordinary exchanges is low and is concentrated among the banked, instructed, youthful, and male populace.
It adds that 25% of respondents in the minuscule Focal American nation were utilizing the state-supported wallet, Chivo, in the wake of downloading it. Furthermore, among the individuals who in all actuality do utilize it, as per the report, just 20% were spending less money, and 15% utilized less charge or Mastercards.
The report additionally takes note that it did "not observe proof of Chivo wallet being utilized to cover for charges or to send settlements" — one of the fundamental reasons the law was passed in any case, as per the Salvadoran government.
Salvadorans were urged to download Chivo last year and were given 1 Bitcoin each. The report expresses that of those overviewed, most spent the Bitcoin and quit utilizing the wallet.
Bitcoin Being Considered as Legal Tender in MalaysiaThe local Communication Ministry has proposed to the government that "cryptocurrency such as Bitcoin" should be implemented as legal tender.
The deputy minister of the authority, Zahidi Zainul Abidin, commented that they want to legalize crypto in order to get young users to utilize Bitcoin for daily transactions and provide them with necessary assistance.
Currently, cryptocurrency is under the regulation of the local central bank and Securities Commission of Malaysia.
Last year, El Salvador was the first country in the world to adopt BTC as legal tender, and it started preparing a project to mine cryptocurrency using the energy produced by local volcanoes.
The country's president, Nayib Bukele, made a prediction that this year at least two more countries will adopt Bitcoin, following the example of El Salvador.
El Salvador Accept Bitcoin As The Legal Tender Currency El Salvador Accept Bitcoin As The Legal Tender Currency
It was recorded that the price of Bitcoin on Tuesday, September 6th had an approximate loss of 11% in total following the crash of the Salvadoran government legalised crypto storage App. In regards to this news, the price of Bitcoin had a 7 days price change of -6.34% during the close of the last trading week. Where that could be a negative Bitcoin price market update. Perhaps the majority of crypto market participants expect the price of Bitcoin to close above the 52K mark. Yet, the market price closes below the 50K level at the price of $46,242.52. In addition to this report, both individual retail traders and large-cap industries such as standard chartered banks still predicted the price of Bitcoin crossing above the 100k price point. In a nutshell, the craving increase among market players about the price of the crypto market skyrocketing could be revealed in this present week and the coming trading sessions ahead.
Bitcoin Success In El Salvador
El Salvador being the first country to adopt the legalization of Bitcoin as the official currency means a lot to the crypto market and also to the bullish buying power of Bitcoin. Although this "too good to be true" update about the Bitcoin affairs in the crypto market must not be confused with the negative forces that are awaiting the demise of Bitcoin positive price recovery. On average the percentage of Bitcoin supporters amongst the first tier countries and the federal government across all other continents claims a cumulative supporting share of 70%. Based on this fact, highly detailed trading decisions and investment considerations for Bitcoin must be undergone by the investors.
Technical Analysis Recommendations For Bitcoin
Many investors view the volatile nature of the Cryptocurrency market as ambiguous. Because little positive or negative impressions over the price of crypto assets will result in a dramatic change in the overall nature of the market structure and the price. When compared to other financial trading instruments it is a big bet that the price of the cryptocurrency has huge volatility in relation to the stock, or foreign exchange market.
However, a closer look at the Bitcoin price chart indicates a long-term downtrend. Considering the great fall in price from the 52k price point. Market sentiment suggests that the oversold nature of the Bitcoin price will likely be encountered with an elapsing moment.
Ukraine And Uk In Full Support With Cryptocurrency
With Ukraine recent approval of Bitcoin as the debut official currency. Lately, In the Eurozone, the UK post office created a Zero charges digital App ( Easyid) that supports the buying of cryptocurrency from the swarm markets. With the Easyid App post office customers can easily buy Bitcoin and also buy vouchers which can be used to redeem cryptocurrency from the swarm market. On a profitable side, it was reported that Easyid App will begin to offer access for UK post office customers into the swarm market where they can start the purchase of Bitcoin and other cryptocurrency tokens. As at the time of writing this Bitcoin analysis a telegraph publication proclaimed that a ten thousand growing number of post office users are set to buy their first Bitcoin using Easyid App.
Earnings flag on EL
Flags are areas of tight consolidation in price action showing a counter-trend move that follows directly after a sharp directional movement in price. The pattern typically consists of between five and twenty price bars. Flag patterns can be either upward trending (bullish flag) or downward trending (bearish flag). The bottom of the flag should not exceed the midpoint of the flagpole that preceded it. Flag patterns have five main characteristics:
The preceding trend
The consolidation channel
The volume pattern
A breakout
A confirmation where price moves in the same direction as the breakout
The bull flag is much more predictable when it is created out of good earnings.
Game plan is to buy the break of resistance and follow the trend using the 9SMA as a trailing stop loss.
Source: Investopedia
EL for the BeckyI got a signal yesterday on NYSE:EL which is a stock I've been looking to buy on a pullback for the $becky index. For those that don't know the $becky is a meme portfolio of "things white women buy." It's basically consumer products AKA consumer discretionary. I'm looking to play EL to about 259 and then a retest of the high and beyond
Beautiful Make UpToday I got sent a lot of positive vibes about the methods I've been sharing so I wanted to give back. There are two great setups that a friend found I wanted to share on NYSE:REV and NYSE:EL . I don't know anything about the industry of women's makeup but I know when price action is beautiful!
Both of these had some great around-earnings price action that is a testament to how great trades can be found Before AND After earnings on stocks. STOP BUYING OPTIONS RIGHT BEFORE EARNINGS! The action you want to play is in the weeks BEFORE and AFTER earnings!
What makes price action a Beautiful setup to me is when the 50% Retracement lines up with past price inflections. Highs, lows, and gaps are fantastic to confirm Support and Resistance levels. EL demonstrates this beautifully!