Trump's Truth Social: A Financial and Political Odyssey

Hello,

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 minimal, with just 38 transactions taking place

Chemicals and Electrical Equipment the most invested sectors

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

🏦 2/ US Politicians potential insider trading: Senator Carper Stocks Up on Agri Stock While The Sector Undergoes a Turnabout

Nutrien, a leading provider of agricultural products and services, disclosed its fourth quarter 2023 results on February 21. Despite a revenue decline from the previous year, NTR stock has risen by 9.95% in the past month. Additionally, several congress members traded Nutrien shares in 2023. Recently, Sen. Tom Carper’s spouse bought NTR shares on March 28, 2024, in a range valued up to $50,000.

Incidentally, Sen. Carper is Chairman of the Environment and Public Works Senate Committee. He also sits on the Homeland Security &  Governmental Affairs Committee and the Finance Committee. NTR stock has only seen a moderate price rise of 3.46% since the purchase but a bullish outlook seems possible.

The shift to clean energy and regenerative agriculture in 2024 creates new farmer revenue streams. Farmers can save on labor and inputs with smarter agriculture equipment, boosting efficiency.

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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: 

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📄 3/ Interesting stock market stories

STORY #1:  The 'Stargate' and Supercomputing Initiatives; Microsoft and OpenAI's $100B Data Center Project

Microsoft (MSFT:US) and OpenAI are collaborating on a significant data center project.

This project will include an artificial intelligence supercomputer named "Stargate," slated to debut in 2028.

The proposed supercomputer, to be situated in the U.S. is part of a series of supercomputers planned for development over the next six years by both companies. The estimated cost is ~$100 billion

Microsoft and OpenAI have outlined the development of supercomputers into five phases, with "Stargate" serving as the fifth phase.

At present, Microsoft and OpenAI are in the third phase of the plan and are making substantial investments in acquiring the necessary AI chips for the subsequent two phases.

 In recent congressional trading activities, Republican Representative Michael McCaul was observed increasing his holdings in the tech giant by purchasing its shares. Meanwhile, Democratic Representative Josh Gottheimer acquired stock options of MSFT. Additionally, lawmakers Suzan DelBene and Ro Khanna were noted for their divestment activities.

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

STORY #2: Trump's Truth Social: A Financial and Political Odyssey

Donald Trump's venture into social media with Truth Social has sent shockwaves through Wall Street.

The market debut of Trump Media & Technology Group (DJT:US) witnessed a staggering +16% surge on its first day of trading, valuing the company at almost $8bn.

Despite facing operating losses of $10.6 million in the first nine months of 2023, investor enthusiasm soared, driving the stock price to $66.22 per share at its peak.

The company's inception follows Trump's ban from mainstream platforms like META Platform’s (META:US) Facebook and Twitter (TWTR:US) after the January 6 insurrection.

Trump's financial stake in the venture is substantial, with his ownership valued at approximately $4.6 billion, highlighting his significant presence in both the political and financial realms.

His recent legal challenges, including a $454 million bond payment, emphasize the importance of Truth Social's success in addressing his financial obligations.

Despite concerns over the company's revenue generation, which stands at a modest $5 million since 2021, market valuation has surpassed $8 billion to 10 billion.

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

STORY #3:  A Summary of the Main Trades Placed by Politicians and Insiders this Week

Representative Thomas Suozzi filed a sale of Nvidia (NVDA). He sits on the Committee on Ways and Means. This is his first filed trade after being elected to replace George Santos.

 Representative Katherine Clark filed two sales of New York Community Bank (NYCB), which have dropped 13.19% since. Clark sits on the Committee on Appropriations.

 CEO of Dalrada Financial Corporation (DFCO) purchased thousands of shares in the company

 CFO of Vera Therapeutics (VERA) sold thousands of shares of the company

 CEO of GigaCloud Technology (GCT) sold thousands of shares of the company

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