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The question should be, why is everything crashing today? I lost a crazy % of my yearly gains today. Worldwide generalized ETFs are down hard. Every index around the world is in the red.
“The lipstick index is a term coined by Leonard Lauder, chairman of the board of Estee Lauder, used to describe increased sales of cosmetics during the early 2000s recession.[1] Lauder made the claim that lipstick sales could be an economic indicator, in that purchases of cosmetics - lipstick in particular - tend to be inversely correlated to economic health.[2] The speculation was that women substitute lipstick for more expensive purchases like dresses and shoes in times of economic distress.”
🧮 Stock Valuation Model: www.buymeacoffee.com/dividendtalks/extras
☕️ Feel free to buy me a coffee: www.buymeacoffee.com/DIVIDENDTALKS
📰 Join the FREE weekly Newsletter: dividendtalks.substack.com/subscribe
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🚀 $30 OFF Seeking Alpha Premium:
www.sahg6dtr.com/29N4DP9/R74QP
🚀 50% OFF TipRanks:
www.tbg2jcftrk.com/262DXM/55M6S/
💬 Join the community in our Discord: www.patreon.com/DividendTalks
👋 Follow me on X: www.x.com/DividendTalks
Investing Platform I Use:
💰 Free shares up to £100 by joining Trading212:
www.trading212.com/invite/Gux0x99S
🏆 Become a member to get access to to perks:
ruclips.net/channel/UClLyc3C2K3C-RAh7eEJAwygjoin
The question should be, why is everything crashing today? I lost a crazy % of my yearly gains today. Worldwide generalized ETFs are down hard. Every index around the world is in the red.
Everything is in the red. US election?
How does this compare to ELF?
so sad my $EL is -25% under water, my biggest position
“The lipstick index is a term coined by Leonard Lauder, chairman of the board of Estee Lauder, used to describe increased sales of cosmetics during the early 2000s recession.[1] Lauder made the claim that lipstick sales could be an economic indicator, in that purchases of cosmetics - lipstick in particular - tend to be inversely correlated to economic health.[2] The speculation was that women substitute lipstick for more expensive purchases like dresses and shoes in times of economic distress.”
It's because ELF has been eating up market share
More like the consumer is broke and traded down to cheap product's. If you look at all the big consumer companies earnings and soft across the board.
@rocksolid713 look up ELF'S earnings. They are the cheaper option