Tommy Tuberville disclosed another buy into $HUMA (Humacyte, Inc). Shortly before congress approved more dollars to Ukraine.

Key inflation data was leaked to BlackRock and JP Morgan by the bureau of labor statistics allowing their traders to make market moving bets. source Bloomberg.

Hmm interesting

The Monthly Buy/Sell Ratio chart shows the monthly ratio of insider buys to total insider sells. An above average insider Buy/Sell Ratio indicates that insiders are more actively buying. While a below average Insider Buy/Sell Ratio indicates the opposite. The market tends to rise after the ratio peaks. Therefore, the chart shows that the ratio can serve as a good indicator for finding market bottoms. If the Insider Buy/Sell Ratio is larger than 1, it might be a Strong Buy Signal.

As of April 2024, the current Overall Market Insider Buy/Sell ratio is 0.26. The previous monthly ratio was 0.23. This means insiders' buying activity is higher, indicating they may be more optimistic about the market than last month.

For the past 5 years, the highest Overall Market Insider Buy/Sell ratio was 1.85 in March 2020, while the lowest ratio was 0.17 in February 2023. The average Insider Buy/Sell ratio is 0.41. Compared to the past 5 years, the current Insider Buy/Sell ratio of 0.26 is lower than the 5-year average, meaning insiders are less actively buying and might be less optimistic about the market. https://www.gurufocus.com/insider/summary

Moderna has said it will likely charge $130 for its Covid vaccine.

Taxpayers, through the US government, gave $2.5 billion to develop the Moderna vaccine.

It was nearly entirely funded by taxpayers.

And it costs only around $3 to produce.

Something fishy is definitely going on on the inside !!

Heard from guy inside Disney. Disney having talks about selling/leasing rights to StarWars.

On Nov 22nd, Nancy Pelosi and her husband bought Nvidia, $NVDA calls, a leveraged bet Nvidia would go up.
 
Since then, Nvidia is up 77%. Her calls have made her $1.3 million, over SIX times her salary in 78 days.

I want to give you the history of Pelosi, her $NVDA trading, and show the conflicts of Congress:

Let’s start in December 2021. After a history of unusual trading, from Visa, trading during the GFC, and buying before stimulus bills, Nancy Pelosi was asked if she thinks US Congress members should trade despite legislative conflicts by Bryan Metzger.

She said, "We are a free market economy. Congress should be able to participate in that". Insane.

In Jan 2022 Unusual Whales releases their most famous trading report, showing Congress beat the market. Nancy Pelosi is listed as the fifth best trader in Congress.

That report creates a flurry of media and outrage, while the report continues to go viral. Within seven days of publishing, five new bills banning members of Congress from trading are proposed.

In the summer of 2022, it is revealed that Nancy Pelosi was trading millions of dollars of $NVDA, Nvidia before voting on a US semiconductor bill by the Biden administration.

We reported on her trading to outrage by the public. Interestingly, for the first time in history, a few days later Nancy Pelosi disclosed trades made on the same day they were made. This is likely the fastest disclosure in history of US Congress. She reported that she sold out of her Nvidia position, the first time she divested from conflicts in her portfolio. Despite taking 45 days for every other disclosure, she made this one instantly. Hilarious.

One month later Nancy Pelosi proposed alongside Representative Lofgren her own Congressional trading ban, a bill which was incredibly weak and filled with loopholes.

And then, Pelosi stopped trading. Well, until her $NVDA leveraged bet.

One week after Chinese President Xi visits her home state of California, and before Biden announces new US semiconductor focuses, her husband decided to buy two million dollars of deep in-the-money Nvidia calls, the same company she divested from due to conflicts a year earlier. 

What’s worse On Dec 11th, before she bought in November, U.S. Commerce Secretary Raimondo said that Nvidia could sell slower AI chips to China to comply with US export controls. And then, on Dec 28th, NVDA launched a modified version of an advanced chip precisely to get around US restrictions. 

Nvidia now has released new US chips, and has hit all time highs. Of course, none of this is insider trading, but it does seem unusual, especially given scrutiny of Nvida by the government.

Why does she trade ITM tech calls, you may ask? It allows for one to be bullish with less capital upfront, and the contracts move 1 delta to the stock. We wrote more about it on our research site, which you can find in our bio.

One terrible thing about this trade is that it was done when Congress was in session!!!!!! You can use Unusual Whales to find the exact price she paid for her options and leveraged bets.

If you think that one of the most powerful politicians in the US can, or even should, have leveraged bets over an incredibly important company to US infrastructure, that is okay. But there might be something worthwhile in understanding how members of Congress trade, and the data suggests as such. Pelosi herself has lost a ton on trades, including when she divested from $NVDA last year, and yet despite that she decided to enter into it again.

And so we will keep reporting on Pelosi, and Congress, and the history of unusual trading. Pelosi's portfolio itself is up around 88% over twelve months. If you want to find and follow her portfolio, you can do so on Unusual Whales in our Portfolio tab.

Pelosi has made likely ten million this year alone off her tech portfolio, with a networth close to likely a quarter of billion. No matter what trade or conflict though, I will report on it. If you believe this is an important issue, I ask you share this tweet with your friends, and family.

Congress cannot hide from me, I will continue to report on the data, and I will not stop until Congress is banned from trading.

SVB insiders sold $84M in shares since 2021
CNBC’s Robert Frank reports that in the months leading up to the collapse of Silicon Valley Bank, insiders at SVB and other regionals sold more than $150 million in shares.