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Kennedy Stance Against Junk Food Didn’t Phase Pepsi

You know what’s weird? Kennedy Jr. strong stance against was suppose to be well-known. His solutions towards health was pretty intricate, that involves removal of fluoride in water supply.

I didn’t even know fluoride was bad for you, I thought it was no big deal, but I found out, when consume over a long duration of time it can cause a condition affecting bone health and causing joint pain called skeletal fluorosis.

So there is no doubt that he will tackle the food and beverage industry, specifically junk food.

The bad news revolving around Pepsi was getting harsh, because if the old man was fixated on bone health, there is no doubt he will tread on junk food.

Looking at the chart of Pepsi price, it’s making a healthy recovery.

So sad, I lost money on this swing, I thought it would keep falling, because of the political power Kennedy Jr. has, but it obviously didn’t faze the stock price.

This reminds me of the time a doctor’s face was slammed into a arm rest at a United airline flight. The United stock dropped by a few dollars, and made a full recovery in a week.

This is a lesson, sometimes news, are just theatre. You don’t have to fully listen to it, you can take it into account, but it’s just a show. Sometimes it can be a shit show, but overall it’s a show.

Visa’s Power Move

At October 29, Visa made the decision to lay off 1400 employees. This was no surprise as layoffs are pretty normal.

What’s not normal is the recent layoff that occurred in the Bay Area.

Hundred of employees in Bay Area are lay off, after a record breaking profit of 19.7 billion dollars profited.

Imagine that, despite the prosperous result the company had, employee still got laid off. That is goring, as a brokie like me can understand that is traumatizing.

Finding a job in the Bay Area is no simple task, anyone hired in the Bay Area is considered the best. The living cost are insanely high, pressuring companies to pay them a higher than average wage.

But why? I can understand from Visa’s point of view, as they can procure slightly less skilled workers at half the price in a middle state.

Being a salaried worker just sucks, you’re burned because the company wants to earn an extra buck. 200 employees in San Francisco working at VISA average 170k, multiply that by 200 it surmounts to 34 million dollars, that is a drop in the bucket compared to 19 billion dollars profit for the year.

It’s even higher in revenue, so it may even cost less than 34 million with the use of tax loop holes, that Visa can easily afford the best accounts to execute.

Now with the news out what happens?

Stocks goes up, laid off employee ain’t got shit on them. This is the same lesson as Pepsi, bad news doesn’t pertain to stock potentially dropping, it’s just a scare.

The revenue report that showed Visa’s future prospect with their earning outweigh the stunt Visa pulled against their employees that helped the Visa executive earned all that money.

It’s no surprise, you work as a large company with probably a easy job, you’re bound to get burned.

As the old say goes; Don’t hate the player, hate the game.

What To Do During This Bull Run?

Right now I’m buying and selling fast. I’m holding the liquid for longer of period of time, because the crash can happen whenever.

A stock market crash is always unexpected. What’s going to happen is the rich folks with huge stakes will sell, and the crash will happen, and it’s usually too late to do anything about it.

Which is why I play safe and avoid taking the heavy L’s if it does drop.

Careful Of Online Advice

While looking at stock news, all I see are these “experts” talking about their “5 top picks”.

This is grift. Don’t believe in these self-proclaimed experts, as it’s a common scheme for these rich folks to pay newsletter like Wall Street Journal to advertise them as “experts” giving “tips”.

They are not experts, they are lucky people that won a big gamble, and now they can modify the market legally.

Learn from your mistake and don’t get manipulated to buying some silly stock.

After Market is Looking Good

People are making purchases for the next foreseeable bull run. I’m ready to sell my shares, once things get buttery.

You I said earlier, I don’t plan on hanging in the stock market for too long, as a crash may occur, so I just got not strategy, and just avoid the cross fire when things gets dicey.

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