Two days ago the NYT posted an investigation into politicians trading stocks
They found that 81 Democrats & 101 Republicans filed up to 3,700 trades and $100M in possible volume
Many had 100% winners, with some perfectly timed
Here’s examples of just how good they were
They found that 81 Democrats & 101 Republicans filed up to 3,700 trades and $100M in possible volume
Many had 100% winners, with some perfectly timed
Here’s examples of just how good they were
First, of those 182 politicians, 90+ sat on committees that directly oversaw the companies they traded
49 were Democrats
44 were Republicans
Which totals 18% of Congress
49 were Democrats
44 were Republicans
Which totals 18% of Congress
25% of the Energy & Natural Resources Committee traded $XOM or $CVX
33% of the Environment Committee traded oil-field services
8 members of the Armed Services Committee traded defense/aerospace stocks
33% of the Environment Committee traded oil-field services
8 members of the Armed Services Committee traded defense/aerospace stocks
Although Pelosi was not included in the report, let’s start with her (2020 - 2022)
Total trades: 35+
Dollar Volume: up to $65,600,000
Possible conflicting trades include:
$TSLA & the $1.2T Infrastructure Bill
$MSFT & the $10B Army Contract
$NVDA & the $50B Chips Act
Total trades: 35+
Dollar Volume: up to $65,600,000
Possible conflicting trades include:
$TSLA & the $1.2T Infrastructure Bill
$MSFT & the $10B Army Contract
$NVDA & the $50B Chips Act
Alan Lowenthal (D) CA sits on the Transportation Committee
His wife made some well timed trades on Boeing, $BA
On Mar 5 2020 she sold ~30K of $BA shares
One day later his committee releases damaging findings on the 737 Jet
$BA went onto fall 35%+ in a week
His wife made some well timed trades on Boeing, $BA
On Mar 5 2020 she sold ~30K of $BA shares
One day later his committee releases damaging findings on the 737 Jet
$BA went onto fall 35%+ in a week
(Again) Alan Lowenthal (D) CA sits on the Natural Resources Committee
His wife perfectly played two rallies on Sunrun $RUN
Nov 2019, bought ~$30K @ $14.50
Feb 2020, sold ~45K @ $21
Mar 2020, bought back in @ $9
& sold 78 times as the stock ran to $80
Thats a cool 780% return
His wife perfectly played two rallies on Sunrun $RUN
Nov 2019, bought ~$30K @ $14.50
Feb 2020, sold ~45K @ $21
Mar 2020, bought back in @ $9
& sold 78 times as the stock ran to $80
Thats a cool 780% return
John Rose (R) TN sits on the Financial Services Committee
He sold shares of Wells Fargo, $WFC, a few months before his committee issued a critical report on the bank
11/12/19 - Sold ~250K of $WFC @ $54.22
3/1/20 - Report’s published
$WFC tanked 30% a week later to $37
He sold shares of Wells Fargo, $WFC, a few months before his committee issued a critical report on the bank
11/12/19 - Sold ~250K of $WFC @ $54.22
3/1/20 - Report’s published
$WFC tanked 30% a week later to $37
Mike Kelly (R) PA
His wife bought ~$50K of $CLF just one day after being briefed that the Commerce Dept. launched an investigation to benefit the company
She bought at $4.70 and sold at $18.11, a 300% gain
Interestingly, this was the only individual trade she made that year
His wife bought ~$50K of $CLF just one day after being briefed that the Commerce Dept. launched an investigation to benefit the company
She bought at $4.70 and sold at $18.11, a 300% gain
Interestingly, this was the only individual trade she made that year
Richard Burr (R) NC sits as the Head Intelligence Committee
On 2/13/20 him & family liquidated their entire portfolio and went into treasury bonds
One month later the $SPY had its fastest 30% decline in history
This saved him $300K+ in possible losses
On 2/13/20 him & family liquidated their entire portfolio and went into treasury bonds
One month later the $SPY had its fastest 30% decline in history
This saved him $300K+ in possible losses
& there's many more examples beyond just this
Bob Gibbs (R) traded $ABBV while his committee investigated them
Roy Blunt (R) traded $PM while serving on a subcommittee overseeing Public Safety
Judy Chu (D) traded $AMEH while serving on a subcommittee overseeing Medicare
Bob Gibbs (R) traded $ABBV while his committee investigated them
Roy Blunt (R) traded $PM while serving on a subcommittee overseeing Public Safety
Judy Chu (D) traded $AMEH while serving on a subcommittee overseeing Medicare
The wildest part about all of this though is that thousands of every day employees aren't allowed to trade individual stocks
Consultants can’t do it. Bankers can’t do it. Even many reporters can’t do it.
Yet the most influential people in the country, our politicians, can.
Consultants can’t do it. Bankers can’t do it. Even many reporters can’t do it.
Yet the most influential people in the country, our politicians, can.
Yesterday I ran a poll on the @PelosiTracker_ account asking the community if politicians should continue to trade stocks
57% said ban them outright
40% said make them report same day
3% said let them trade
57% said ban them outright
40% said make them report same day
3% said let them trade
& S/O to the brands shedding light on these transparency issues to further push the movement, especially @unusual_whales
No one was speaking about political trading before Unusual Whales made it a household debate
No one was speaking about political trading before Unusual Whales made it a household debate
Source of the NYT report:
nytimes.com/interactive/20…
Which was written by @katekelly, @adamplayford , & @aliciaparlap
nytimes.com/interactive/20…
Which was written by @katekelly, @adamplayford , & @aliciaparlap
Holy Viral
A lot of people keep asking where they can copy trade the politicians, well that’s what we’re building
Show some support and pre download our app for free through here 🫡
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A lot of people keep asking where they can copy trade the politicians, well that’s what we’re building
Show some support and pre download our app for free through here 🫡
apple.co/3eJ1KO6
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