Congress Trade: Representative Nancy Pelosi Just Disclosed New Stock Trades
Representative Nancy Pelosi just filed new stock trades, which we received from a Stock Act disclosure: Nvidia $NVDA: (3 separate transactions) 1) - Exercised 500 call options purchased 11/22/23 (50,000 shares) at a strike price of $12 with an expiration date of 12/20/24 for between $500K-$1M 2) Sold 10K shares for between $1M-$5M 3) - Bought between $250K-$500K worth of Nvidia stock Amazon $AMZN: Purchased 50 call options with a strike price of $150 and an expiration date of 1/16/26 for between $250K-$500K Google $GOOGL: Purchased 50 call options with a strike price of $150 and an expiration date of 1/16/26 for between $250K-$500K Apple $AAPL: Sold 31,600 shares for between $5M to $25M Palo Alto $PANW: Exercised 140 call options purchased 2/12/24 & 2/21/24 (14,000 shares) at a strike price of $100 with an expiration for 12/20/24 for between $1M-$5M Tempus AI $TEM: Purchased 50 call options with a strike price of $20 and an expiration date of 1/16/26 for between $50K-$100K Vistra Corp $VST: Purchased 50 call options with a strike price of $50 and an expiration date of 1/16/26 for between $500K-$1M source :evan, nasdaq
He's back. Get used to the roller coaster!
source : bloomberg
This is also why US dominance and exceptionalism is here to stay...
Computing power is the new gold and almost 50% of the world’s data centers are in the us. Source: Visual Capitalist
Fixed income: Credit is still the place to be
Spreads are as tight as they've been this entire bull market: Source: J-C Parets
This is from where Trump 2.0 is starting...
US stocks now make up 65% of the global equity market, their highest weighting in history. This is more than 11x bigger than the second largest country by market cap (Japan at 5.6%). With his MAGA, can US weight % of the global equity market hit even higher level??? Source chart: Charlie Bilello
Trump is inheriting a Federal Reserve w/ not only unprecedented losses of $218 billion, but it's still losing money;
the Fed won't send the Treasury a dime for the entirety of Trump's term; that's never happened since the inception of the Fed - another challenge for Trump... Source: E.J. Antoni, Ph.D. @RealEJAntoni
The ECB shields high debt countries from bond market crises via the combined effect of past interventions and its TPI anti-fragmentation tool.
Underlying assumption is that high debt countries will do what it takes to bring down debt without crises. That assumption is wrong... - Robin Brooks on X
The fourth quarter earnings season is longer than the others because companies need to complete their year-end numbers and get signed off on by the auditors.
Therefore, only half of those S&P 500 $SPY companies expected to report in February have scheduled earnings yet, so look for those right bars to get bigger. That said, we have a pretty good look at the next few weeks. This week will still be mostly about the Financials $XLF, but we’ll begin to get Industrials $XLI reporting too. source : earningswhisper
