How much unusual trading happens in Congress?
A lot.
Next time your friend says it's only the Dems or Republicans, show them the thread below. It is likely your fav politician has abused their power + will continue to do so.
A thread of unusual/nefarious congressional trading:
1/n
On 5/21, Nancy Pelosi played $AMZN + $AAPL calls. 50 calls of strikes 3000 + 100 respectively, 6/17/22. Also did $GOOGL before record earnings beat (July 2021) + $NVDA PRESPLIT on 6/3. 6/17/22.
$AMZN gets 50% of JEDI contract one month later.
Pelosi beats indices by 25%.
2/n
Congresman Gianforte:
March 18 2020 buys 1 million in $GSK + 15k $SNY.
Both receive FDA approval days later.
---
Congressman Gottheimer buying $MSFT leaps before $MSFT talks buying Discord.
He formerly worked at $MSFT, & is also on board of Congress entrepreneurship.
3/n
Congressman Langevin is an exceptional options trader.
In 2019 bought $BABA calls right before a Chinese trade deal.
Sold $HUYA, $ROKU, $FB calls RIGHT BEFORE Covid.
He sits on the Cybersecurity committee and continues trading. Most active options trader in House.
4/n
Rep. Pat Fallon, who sits on subcommittee responsible for DoD software contracts + cybersecurity, sells up to $250,000 in $MSFT right before JEDI contract cancellation in June.
He sits on the direct committee knowledgeable of this deal
Has been investigated before.
5/n
$OSK x USPS blocked by the House for postal deal.
Sen Wyden bought $OSK three times (totalling 150k) in July 2020 before deal. Ran 200% profit.
---
Marjorie Taylor Green: Despite being against Big Tech vocally + Silicon valley, buys $AAPL, $AMD, $CRM, $QCOM, $SQ, $AMAT.
6/n
May 24th $NVDA announces 4-1 split, rallying stock 10%.
Who knew? Politicians.
Take Rep. Ed Perlmutter who bought #NVDA BEFORE the CHIPS Act was introduced in the House.
Or Nancy Wyden, who purchased $NVDA, too.
Numerous politicans hold $NVDA, $AMD, lobby for chip deal.
7/n
On June 9, Senate passed a tech manufacturing bill to counter China.
House members bought semi-conductor stocks BEFOREHAND.
IE: Wyden $AAPL, $AMAT, $AVGO, $KLAC & $NVDA.
Roberts: On 07/09 he sold $15k $RMD, $APO before covid vaccine (both dropped as ventilator companies)
8/n
The House to decriminalize weed, many members made huge buys BEFORE.
- Virginia Foxx (R-NC) with $MO
- John Yarmuth (D-KY) with $TLRY, $BUD
- Brian Mast (R-FL) with $TLRY, $APHA
---
Senate Republicans lots of stock sales at the beginning of the pandemic. Loeffler, Burr
9/n
Senator Dianne Feinstein and her husband conveniently sold off up to $6M of Allogene Therapeutics stocks between January 31 and February 18, 2020, plus selling tech pre covid crash.
Sen Roberts: presplit $TSLA one month earlier, sells one month later for +100%.
10/n
Senator James Inhofe sold up to $600k in stocks before pandemic in Feb (ie. BAM, C, DHR, INTU, AAPL, PYPL).
Senator Thomas Carper’s wife, a former DuPont executive, bought pandemic beneficiaries like $DIS, $CVS, $PEP, $PYPL in March and early April 2020.
11/n
April 2, 2020, Carper bought $DGX, a COVID-19 testing company. On Feb 16, 2021, she purchased $INTC 8-days before Biden signed his semiconductor executive order. Sen Carper 15k $BMY buy RIGHT before BMY announced their share buyback + a novel drug result published.
12/n
Sen Capito (Commerce, Science and Transportation), Bought pre gov deal $MSFT, $JNJ, $ABT March 3, 2020. Jan 6 buys $UNH 6 days before UNH's 13 billion deal + acquisition of Change Healthcare for $25.75.
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Sen Toomey (Banking, Housing and Urban Affairs): $AIV
13/n
Senator David Perdue’s biggest stock purchases in February 2020 were for $PFE, repeatedly buying into this pharmaceutical company only, up to $260k. 2 weeks later, Pfizer vaccine. He sold the majority of these on April 14, 2020 for a pretty $64k profit.
14/n
Senator Bill Cassidy: buys $MMM, $JNJ on March 9, 2020. Month later, $JNJ vaccine partnership.
Congressmen Mo Brooks, Ed Perlmutter and Mike Conaway $PFE in June/July right before the US gov signed a $1.95 billion vaccine contract
Virginia Foxx $50k in predeal $GSK.
15/n
March 12, 2020: Daniel Crenshaw buys 45k $AMZN. March 26, buys +50k $LUV, $HTZ + reopening stocks. Denies severity of pandemic
COVID Relief Bill Dec 2020 with funding for clean energy.
Oct 28: Susan Davis $50k Canadian Solar Inc (other members follow in $PLUG, $TSLA, etc)
16/n
Week before the House Judiciary Committee voted on big tech, Pelosi’s husband exercised a bullish Google bet, via ITM 5 million dollar $GOOGL calls.
This netted $5.3 million.
She did the EXACT same thing before $MSFT x Pentagon deal March 2021, exercising their LEAPs.
17/n
This will never stop. Congress has continually used their power to outperform the market.
Don't believe me?
Read the reports, found at unusualwhales.com/i_am_the_senate.
It's free.
We must speak truth to power. We must level the data playing field. And we must become the whales.
Paging @ryangrim @krystalball @esaagar @ggreenwald @davidsirota @cvpayne @muddywatersre @MSNBC @CNN @federalreserve @AOC @BernieSanders @AndrewYang @SenWarren @RashidaTlaib @EdMarkey @IlhanMN @SenSanders
Party divides don't matter when it comes to trading and money. Both do it
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