Author Archives: Ket Garden

by | May 17, 2021 · 7:16 pm

Walmart and Target in focus

Walmart and Target is in focus for me this week. Two corporations in the same business but also very different. Walmart is a giant while Target is smaller with more growth potential. Walmart will report earnings on Tuesday before the market opens. Target on Wednesday.

Walmart`s EPS forecast for the quarter is $1,21. The reported EPS for the same quarter last year was $1,18. The consensus EPS forecast for Target`s quarter is $2,11 vs $0,59 for the same quarter last year.

The numbers for Target looks better than the giant Walmart, but the number as a whole will also give us more information about the consumer spending during the Covid-19 pandemic recovery.

Photo by Oleg Magni on Pexels.com

Walmart has been one of the big winners thanks to the pandemic, and reported record fourth-quarter and fullyear sales in February. However, the momentum slowed down in the first three months of the year. So, two more rounds of direct checks to most Americans didn`t help this time.

Analysts expect to see Walmart`s revenue dip 2% but earnings to rise by 4%. The company has been shelling out additional capital to raise wages for workers and build out its relationships with shoppers.

Walmart will spend nearly $14 billion in the current fiscal year to build out supply chain capacity and automation to keep pace with demand. Investors will look at Walmart`s newer initiatives in this week`s earnings report.

Target is smaller but grow faster. The company is expected a growth of 10,1% from the prior-year reported figure. It`s also estimated a big jump for Target`s earnings on Wednesday. EPS has risen to $2,11 which is a sharp improvement from 59 cents from a year ago.

Target is also one of the biggest winners during the pandemic, and its one-stop shopping destinations has been a big success. Same-day delivery of in-store purchases and fast track technology improvements has also been a great success for Target.

To contact the author: post@shinybull.com

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shinybull.com. The author has made every effort to ensure the accuracy of the information provided; however, neither Shinybull.com nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities, or other financial instruments. Shinybull.com and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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by | May 14, 2021 · 7:56 pm

Brexit has a 70% approval rating, and Socialism is dead in England

It`s funny to watch Great Britain and the United States at the moment. In the U.S, the conservatives lost the election and Biden and his left wing democrat administration won. In the U.K, Boris Johnson and his conservative friends won in a landslide. The same can not be said about Biden.

They are both outside of the EU and Trump and Johnson was considered to be a win against socialism. Take a look at the slogan Johnson has; Build back better. They are leaving the business club EU and want to build back better.

But take a look at Biden and his slogan; Build back better. Biden and the democrats wants to build back what Trump did. They are on two different planets, with two different world views.

Everything has been great with the Labour Party for years, but they have been in trouble before. One of the most deprived areas of the UK, the blue-collar port saws its steel industry collapse in the 1970s and 80s and the unemployment rate remains among the highest in the century.

Politically, it`s backed the Labour Party at every UK election for almost half a century, but then came Brexit.

As of April 12, Boris Johnson`s approval rating remain very high at 70%. Not only that. Brexit has also a 70% approval rating, so there is not doubt that the people in Great Britain support the conservatives and Brexit.

According to Nigel Farage, the Labour Party is finish in England. The country is about the change rapidly. Queen Elizabeth said in the Parliament a few days ago that the UK will strengthen the borders. Legislation will also be introduced to ensure the integrity of elections.

They saw what happened in Georgia during the U.S election and learned from the mistakes in the U.S. Dead voters will have problems to vote if they have to show up personally with a picture on the voting day.

Freedom of speech will also be protected. This is very similar to whats happening the U.S. They are both about the change rapidly. What a interesting world we are living in.

To contact the author: post@shinybull.com

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shinybull.com. The author has made every effort to ensure the accuracy of the information provided; however, neither Shinybull.com nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities, or other financial instruments. Shinybull.com and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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by | May 12, 2021 · 7:32 pm

Inflation soared to 4,2% in April of 2021

Inflation soared to 4,2% in April of 2021, and that`s a big jump from 2,6% in March. The stock market declined while the inflation rate came in well above market forecast of 3,6%, and this is the highest reading since September 2008.

The biggest increases were recorded for gasoline (49,6% vs 22,5% in March), fuel oil (37,3% vs 20,2%) and used car and trucks (21% vs 9,4%). It`s interesting to see the inflation slowed for food (2,4% vs 3,5%).

The jump in inflation is the highest in 13 years, and Wall Street sent the stock down on Wednesday in a broad market sell-off. Tech stock were hit hard as higher interest rates are threatening to undermine the valuations of those companies.

Nasdaq is down about -5% so far this week, but the European markets ended higher on Wednesday as stocks in Europe recovered from a global sell-off sparked by concerns that rising inflation will prompt central banks to tighten monetary policy sooner and more abruptly than expected.

Federal Reserve`s vice chair, Richard Clarida, had some dovish comments, and that helped calm nervous markets. He said that the twin shocks of a disappointing payroll report and higher inflation in April hadn`t changed the central bank`s view on maintaining its current ultra-accomodative policy.

To contact the author: post@shinybull.com

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shinybull.com. The author has made every effort to ensure the accuracy of the information provided; however, neither Shinybull.com nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities, or other financial instruments. Shinybull.com and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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by | May 10, 2021 · 8:01 pm

Biden will discuss spending with top lawmakers this week

Trump cutted taxes and MSM said he was crazy. It is the republicans job to have as low taxes as possible. It is their policy. The same cannot be said about the democrats.The Biden administration will discuss spending with top lawmakers this week, and republicans think it sounds scary.

Biden wants to increase the taxes and that can have an impact on businesses and money makers. On top of that we also have inflation, which is also a hidden tax. Add higher interest rate on top of that. Bill Clinton did much of the same in the 90`s and as long as I can remember, it went well. But this time is probably different with covid-19 and lockdown.

Investors expected more than 1 million jobs in april, but only 266 thousand is what the Biden administration saw come in. They also expected unemployment rate at 5,8% but it jumped to 6,1% and all this was a big, big, big surprise to the market, and investors sent the market down on Monday.

Things have changed in the White House, and Maria asked Mr Mulvaney when was the last time the government gave $300 to people on a permanent basis. «If you pay people not to work, they are not going to work,» Mulvaney said.

To contact the author: post@shinybull.com

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shinybull.com. The author has made every effort to ensure the accuracy of the information provided; however, neither Shinybull.com nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities, or other financial instruments. Shinybull.com and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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by | May 7, 2021 · 9:25 pm

Elon Musk will host SNL this weekend

Last time a businessman hosted SNL was Donald Trump, and that was long before he became a president. But now there is a new twist. Elon Musk is scheduled to host SNL on Saturday and everybody is talking about.

Joe Piscopo is an American comedian and a radio talk show host, and he was a cast member on SNL from 1980 to 1984, where he played a variety of recurring characters. He know what he is talking about when it comes to SNL.

And he is so excited, and said its gonna be so great. It`s also gonna be the highest rating-show of the year. Easy, he said. He compared Musk to Thomas Edison of our time. With Tesla, he called Musk Mr Green New Deal.

Musk tweeted that the «Dogefather» will host SNL on Saturday. But is he gonna talk about Doge or not? Time will show, but an online sportsbook (mybookie) is taking wager on whether Musk will mention Doge or not during the show. You can also bet on whether the price will reach $1 by Monday. Later on, he tweeeted this; «Cryptocurrency is promising, but please invest with caution!»

The billionare with 53 million followers on Twitter exists adjacent to the community of performers, actors, comedians, musicians and pro athletes, who usually make up the show`s hosting pool. But he will not be alone on the show. Musk said he`s a wild card in a SNL live promo with Miley Cyrus who will performs as well.

Bruno Mars said he was nervous when he hosted SNL in 2012. If he was nervous, what will Elon Musk be? Bruno Mars is an entertainer, but Elon Musk is a businessman, so how is it gonna be on the show on Saturday?

Bruno Mars opens the show with a song about how he`s nervous to host SNL and that he`s a girl, and when Kenan Thompson (Cast member on SNL) comes out to the stage to ask if he`s actually a girl, Bruno gets a confidence boost and shoves his aside. That was a great start of the show I must say. We look forward to see Elon Musk and Miley Cyrus on the Saturday Night Live Show this weekend.

To contact the author: post@shinybull.com

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shinybull.com. The author has made every effort to ensure the accuracy of the information provided; however, neither Shinybull.com nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities, or other financial instruments. Shinybull.com and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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