World’s Oldest Paper Company Is Headed for a Bull Run

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 substantial, with 508 transactions taking place

Banks & Software were the most invested sectors

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

🏦 2/ US Politicians potential insider trading: World’s Oldest Paper Company Is Headed for a Bull Run

With a history of nearly 125 years, International Paper Company (IP) is a manufacturer and supplier of renewable fiber-based packaging and pulp products across North America, Latin America, Europe, and North Africa.

On May 2, as part of their monthly periodic disclosure, Rep. Ro Khanna disclosed a purchase of IP made under his child’s ownership. The trade was valued between $1,001 and $15,000 and since then, IP stock has surged by 25.41%. This reported trade came not too long after International Paper and DS Smith Plc agreed on the terms of a proposed merger.

Over the past three years, IP has been consistently traded by mostly Democrats: from Khanna to Rep. Tom Suozzi, to Rep. Kathy Manning. In addition to Rep. Khanna, IP shares were also sold by Rep. Earl Blumenauer’s spouse back in November 2023.

If you want to receive daily updates on political trading, click here

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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:  California Judge Denies TSLA's Bid to Dismiss Self-Driving Claims

A recent ruling by a California administrative judge denied Tesla's attempt to dismiss claims regarding the misleading promotion of its self-driving capabilities. This decision follows accusations by the California DMV, initiated in July 2022, alleging that Tesla exaggerated the functionality of its Autopilot and Full Self-Driving technologies, which do not make the vehicles fully autonomous as advertised. The potential consequences for Tesla include the suspension of its sales license in California and restitution to affected customers.

This legal challenge occurs amid ongoing federal investigations into whether Tesla's self-driving technology has contributed to fatal crashes and if the company has misled investors regarding these capabilities. Recently, a federal judge in San Francisco also denied Tesla's motion to dismiss a class-action lawsuit on similar grounds.

In the realm of political trading, Representatives Josh Gottheimer and Ro Khanna recently invested in Tesla, each purchasing between $1,000 and $15,000 worth of shares in May 2024. These investments highlight the ongoing interest and potential financial stakes that lawmakers have in the electric vehicle manufacturer despite its legal and regulatory challenges.

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

STORY #2: Germany Weighs Additional F-35 Fighter Jet Purchase

Germany is considering purchasing an additional eight F-35 fighter jets from Lockheed Martin, supplementing the 35 jets ordered in 2022. This acquisition aims to modernize Germany's military in response to the Ukraine conflict, though funding challenges persist due to a nearly depleted special defense fund.

Political trading in Lockheed Martin has been significant, with Representatives Kevin Hern and Kathy Manning investing in the company in 2024. Their investments, ranging between $1,000 and $15,000 each, highlight interest in the defense sector amid global security concerns.

Lockheed Martin's stock activity underscores its importance in the defense market. The investments by Hern and Manning suggest confidence in the company's prospects due to its key role in supplying advanced military equipment like the F-35 jets.

These events illustrate the connection between global military strategies and political investments. Geopolitical tensions and defense spending decisions, like Germany's potential purchase, directly influence stock trading choices among U.S. politicians

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

• Rep. Josh Gottheimer just disclosed trades of up to $20M of Microsoft (MSFT) call options, along with many other trades. He has now traded ~$84M of stock and options in the last year. He sits on the House Subcommittee on Investor Protection.

• Senator Rick Scott disclosed trades in municipal securities on June 9, including sales and purchases ranging from $100K to $1M. The trades involved San Miguel County, Harris County, Port Portland, and Port of Seattle bonds.

• Senator Markwayne Mullin bought stock in Raytheon (RTX) in October. We reported on the trade, because Mullin sits on the Senate Armed Services Committee. The stock has now risen 51% since his purchase.

• Crowdstrike (CRWD) has now risen 195% since Rep. Nancy Pelosi bought 5,000 shares. We estimate that Pelosi has already made over $15M off her portfolio so far this year.

• Representative Robert E. Latta bought up to $50K in Farmers and Merchants Bancorp (FMAO), a relatively small regional bank valued at around $300 million. The bank is headquartered in Mr. Latta’s home district in Ohio and he’s now bought the stock 9 times since 2020.

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