If you’re looking for trading opportunities, track Congress.
Granted, your elected officials don’t have to disclose what they bought for about 30 to 45 days after the transaction, per the STOCK Act. Oftentimes, they disclose sooner than that.
Part of the STOCK Act “Amends the Ethics in Government Act of 1978 (EGA) to require specified individuals to file reports within 30 to 45 days after receiving notice of a purchase, sale, or exchange which exceeds $1,000 in stocks, bonds, commodities futures, and other forms of securities and subject to any waivers and exclusions.”
|
Look at Nancy Pelosi, for example. In November, she bought a chunk of Nvidia December 2024 120 calls. At the time she bought, shares traded at around $503. Shortly after she bought in, the NVDA stock dipped, and then exploded to $825. The calls, if she still held them today, are worth millions of dollars. Most recently, she took a position in Palo Alto Networks (PANW), which recently gapped lower and quickly recovered some lost ground. |
Sponsored
See this before next week’s Fed Meeting
Doc Eifrig just released a new video detailing “the perilous moment Americans are in right now.” Angry voters, mounting government debt, and blood in the streets… But he’s got a way out – a unique way to come out on top no matter who wins this presidential election. (Last time we shared this, it led to a 995% gain.)
Click here to see it.
|
Over the last few months, House Democrat Josh Gottheimer has been investing millions of dollars in Microsoft (MSFT). In fact, he bought between $1 million and $5 million of stock. House Republican Dan Newhouse just paid between $1,91 and $15,000 for shares of Analog Devices (ADI) on April 10. These things happen all the time. And if you can spot the trades and the disclosure of trades in time, you could potentially make some good money. It’s just too bad we can’t buy something, and then make a major political statement that’s sure to send a stock higher. We should consider ourselves lucky our elected officials have to disclose trades. |
Learn How Jack Harris Found Breakthrough In Trading By Using Dark Pool
Jack began as a retail trader who made nearly every mistake in options trading and lost a bunch of money. But everything changed when he uncovered a secret trading tool called “dark pool tracker.”
This Insiders Guide will uncover hidden data sources, professional guidane, and asset protection. HURRY, this wont last…
Don’t Miss Your Chance To Join Jack Harris, claim YOUR alerts + Free eBook today!
