$Celanese Corp (CE.US)$The option prices only ~11% movement for the earnings report? That seems low. The market probably has a lot of intelligence already. It’s very likely they will miss the Q1 sale forcast given the weakness in auto and industrial. They may also have further cost reduction and financial deleverage. The issue is the market reaction. There might be bottom fishing, but the shares are not attractive though with a very bad balance sheet and no sign of demand recovery.
The market was speeding higher Tuesday, with all eyes on the election results. The Dow jumped more than 400 points Tuesday with the Nasdaq closing up more than 250. At 4:03 p.m. ET,$Dow Jones Industrial Average (.DJI.US)$was up 427 points (1.02%.). The$S&P 500 Index (.SPX.US)$was up 1.23% and the$Nasdaq Composite Index (.IXIC.US)$closed up 1.43%. The electricity in the air is palpable here on the bank of the Hudson River as...
Good morning, traders. Happy Tuesday, November 5th, ELECTION DAY. The electricity in the air is palpable here on the bank of the Hudson River as millions of Americans head to the polls to cast their vote. The market awaits with bated breath for tonight, when polls close, and the country begins to see which way voters have decided to go for their next four years. My name is Kevin Travers; here is the news and animal spirits moving markets tod...
Morning Movers Gapping up $Palantir (PLTR.US)$experienced a 14.2% surge in stock price after announcing an upward revision to its full-year revenue forecast alongside strong third-quarter results. $DuPont (DD.US)$'s shares increased by 2.6% following a raised profit forecast for the full year, driven by exceeding third-quarter earnings expectations and robust demand in electronics and AI technology. $Boeing (BA.US)$saw a 1...
Celanese's low P/E ratio is due to anticipated sliding earnings. Shareholders accept this as they expect no pleasant surprises in future earnings. These conditions form a barrier for the share price.
Celanese's impressive ROE is overshadowed by its high debt level. The company's performance could be at risk due to changing credit markets. High ROE businesses with less debt are generally preferred.
Reduced P/E likely reflects dimmed investment outlook, fueled by expected slumping earnings that may push P/E ratio even lower. Lack of anticipated earnings growth dims prospects for a significant share price rise soon.
Following the introduction of China's groundbreaking DeepSeek technology, Wall Street giants have revised their investment outlooks for the Chinese market.
Celanese Corp Stock Forum
At 4:03 p.m. ET, $Dow Jones Industrial Average (.DJI.US)$ was up 427 points (1.02%.). The $S&P 500 Index (.SPX.US)$ was up 1.23% and the $Nasdaq Composite Index (.IXIC.US)$ closed up 1.43%.
The electricity in the air is palpable here on the bank of the Hudson River as...
My name is Kevin Travers; here is the news and animal spirits moving markets tod...
Gapping up
$Palantir (PLTR.US)$ experienced a 14.2% surge in stock price after announcing an upward revision to its full-year revenue forecast alongside strong third-quarter results.
$DuPont (DD.US)$ 's shares increased by 2.6% following a raised profit forecast for the full year, driven by exceeding third-quarter earnings expectations and robust demand in electronics and AI technology.
$Boeing (BA.US)$ saw a 1...
Positions fully sold:
- Celanese $Celanese Corp (CE.US)$ (Sold 5.36M shares currently worth $674.1M)
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- Johnson & Johnson $ $Johnson & Johnson (JNJ.US)$ (Sold 327.1K shares currently worth $48.4M)
- Procter & Gamble $Procter & Gamble (PG.US)$ (So...
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