Insider Trading Weekly Summary

Hello Seven Lakers,

below a summary of relevant events happened in the stock market in the last week

📈 1/ Stocks and sectors bought by US politicians last week

This week, the trading activity at Capitol Hill was substantial, with 483 transactions taking place

Capital Markets and Software were the most invested sectors

If you want to receive daily updates on politicians trades, click here

🏦 2/ US Politicians potential insider trading: Rep. Khanna’s Spouse Loaded Up on META Before Price Surge

Representative Ro Khanna is one of the most active traders in Congress, as he has reported nearly 450 trades in the Tech sector.

On January 10, Rep. Khanna's spouse purchased Meta Platforms Inc (META:US) stock within a range of $1,001 to $15,000.

Following the purchase, META stock experienced a +27.75% surge, attributed largely to the company's Q4 and full-year 2023 results announced on February 01. Meta's CEO, Mark Zuckerberg, highlighted advancements in AI and the metaverse, along with the initiation of the company's first-ever dividend.

Meta's Q4 revenue increased by nearly 25% year-over-year, surpassing analysts' expectations.

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How to be notified when politicians buy / sell stocks

As seen before, some suspicious trades were made by Congress Members and their relatives

However, the GOOD NEWS is that their moves can be copied (politicians need to disclose their stock positions)

The Seven Lakes Research analyst team provides PREMIUM detailed updates from Monday to Friday with all the relevant fact on: 

Click on the button below to start receiving them 👇👇👇👇👇

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📄 3/ Interesting stock market stories

STORY #1: Tech executives are selling their own stocks

Recent developments in capital markets have led to a surge in insider selling, drawing attention from investors and analysts.

Prominent figures like Jeff Bezos and Mark Zuckerberg have made substantial divestments from their companies, including Amazon and Meta.

Executives from DraftKings Inc. and Netflix, along with insiders at Palantir Technologies Inc., have also sold significant amounts of stock.

Investors are questioning whether this surge indicates an imminent downturn in the companies or broader market trends.

Congressional insiders have also been observed reducing their holdings in these firms.

If you want to be notified when insiders trade stock, we send daily email alerts here 

STORY #2: Semiconductors boom: Politicians loading up on this sector

The White House revealed an $11 billion plan for semiconductor research, featuring the $5 billion National Semiconductor Technology Center, subsidies for production, and a 25% investment tax credit.

The Center, a public-private venture, focuses on innovation and job protection, supported by Energy Secretary Jennifer Granholm.

Commerce Secretary Gina Raimondo highlights the Center's aim to make the U.S. a global semiconductor leader.

The Center plans to fund emerging semiconductor firms and enhance manufacturing.

Raimondo hints at upcoming chip manufacturing awards, involving major companies.

Politicians, including Senators Blumenthal, Mullin, and Carper, engaged in chip stock transactions, raising concerns about the overlap of political decisions and financial interests in the semiconductor sector.

If you want to be notified when politicians trade stock, we send daily email alerts here 

STORY #3: U.S Senate Approves $95B Wartime Aid Package For Israel & Ukraine

The U.S. Senate approved a $95 billion wartime aid package for Ukraine, Israel, and other allies, facing challenges and delays before passing with a 70-29 vote.

Twenty-two Republicans joined most Democrats in supporting the bill, exceeding the necessary 60-vote threshold.

House Speaker Mike Johnson suggested it might take weeks or months before the legislation reaches President Joe Biden's desk.

Supporters emphasized the need to support Ukraine to deter Russia and protect global democracy, with President Biden urging prompt action from the House.

The bill's impact on stocks of companies involved in the conflict is uncertain, with observers closely monitoring US politicians' positions on war stocks and market responses.

Congress members, including Representatives Kathy Manning, Kevin Hern, Josh Gottheimer, and Gerry Connolly, were observed trading stocks related to the conflict, such as Lockheed Martin Corp (LMT:US) and Northrop Grumman Corp (NOC:US).

If you want to be notified when politicians trade stock, we send daily email alerts here 

📄 4/ Political Trading Bot

As you may remember, we have a trading bot that buys the same stocks as politicians

The bot is offered by the SEC registered broker QB, which will perform the trades. We will just provide them with the necessary data to execute

This means that every time politicians buy sizable amount of stocks, the bot buys those stocks as well

If you want to learn more about how to get access to the Political Trading Bot, click on the video below.

We assessed its performance, and it has been delivering solid results so far.

• We launched in May 2022 and the performance was +24% return

• Performance since April 2020 was +237% return