stock market was up today...

#12,601
#12,601
Ernest T. Vol said:
Pelosi Buy Alert!
Just start tracking Pelosi for the best investment advice and insider portfolio modeling.

Nancy Pelosi buys millions in call options in Google, Disney, others(NASDAQ:GOOGL) | Seeking Alpha

  • House Speaker Nancy Pelosi and her husband have purchased millions of dollars in call options in several technology stocks, including Google (NASDAQ:GOOGL), Roblox (NYSE:RBLX) and Disney (NYSE:DIS), according to CongressTrading.com, a database that keeps track of lawmaker's stock trades.
  • In addition, Pelosi and her husband, Paul, who runs Financial Leasing Services, a real estate and venture capital investment and consulting firm, also purchased call options in Micron Technology (NASDAQ:MU) and Salesforce.com (NYSE:CRM).
  • The purchases were made between December 17 and December 21.
  • The Salesforce.com (CRM) and the Google (GOOGL) purchases were the most expensive, according to the database, costing between $500,001 and $1 million. The other acquisitions were between $250,001 and $500,000.
  • Pelosi has come under fire for the trades in the past, but has defended them, most recently saying earlier this month that this is a "free market economy" and lawmakers "should be able to participate in that."
  • Hedge fund manager Dan Niles recently said that Google (GOOGL), along with Meta Platforms (NASDAQ:FB) and General Motors (NYSE:GM) were his top stock picks for 2022.
Click to expand...


First, I thought you were all for free markets, including equities. Now you complain because a leading Dem is in the market?

Second, seems she is following the rules and reporting it. Although there are errors made on both sides, often suspiciously, there is a distinct trend of that by GOPers.

Two senators under scrutiny over selling stock before the coronavirus market crash — but do insider-trading laws apply?

Sens. Richard Burr and Kelly Loeffler, Republicans from North Carolina and Georgia, sold stocks before the stock-market crash when they had access to nonpublic information about the severity of the pandemic

3 Members Of Congress Failed To Properly Disclose Up To $22 Million Of Stock Trades, Watchdog Says

Three GOPers failed to timely disclose trades.


The late disclosures by Sen. Tommy Tuberville (R-Ala.), Rep. Blake Moore (R-Utah) and Rep. Pat Fallon (R-Texas) all violated the STOCK Act, the Campaign Legal Center said in its complaints to the Senate Ethics Committee and the Office of Congressional Ethics.
Click to expand...

Tuberville and Moore reported their trades in July, six months after their first trades, while Fallon disclosed his trading in June, four months after his earliest transaction.
Click to expand...

Fallon’s trades, worth between $7.8 million and $17.53 million, included shares of Boeing, which he oversees as a member of the House Armed Services Committee.
Click to expand...
 
#12,602
#12,602
Velo Vol said:
Great inflation hedge. :rolleyes:

View attachment 424523
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Gold ought to be much higher than it is. A bit of an historic anomaly due in some measure by people running to bitcoin as an alternative hedge.

Has one of two paths, either will work as a hedge and continue to divert safe haven seekers from the usual platforms, or collapse as many of have discussed, causing gold to absolutely explode.
 
#12,603
#12,603
lawgator1 said:
First, I thought you were all for free markets, including equities. Now you complain because a leading Dem is in the market?

Second, seems she is following the rules and reporting it. Although there are errors made on both sides, often suspiciously, there is a distinct trend of that by GOPers.

Two senators under scrutiny over selling stock before the coronavirus market crash — but do insider-trading laws apply?

Sens. Richard Burr and Kelly Loeffler, Republicans from North Carolina and Georgia, sold stocks before the stock-market crash when they had access to nonpublic information about the severity of the pandemic

3 Members Of Congress Failed To Properly Disclose Up To $22 Million Of Stock Trades, Watchdog Says

Three GOPers failed to timely disclose trades.
Click to expand...

Trading on inside information is not a free market...and we don't know what trades are not reported through her related parties. Doesn't matter what party, but the dems are the ones holding themselves out as being against wealth and privilege.
 
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#12,609
#12,609
Rasputin_Vol said:
Your government lies. You can't trust any of their data to be worth anything. Perfect example right here...

CPI Home : U.S. Bureau of Labor Statistics

Basically, we are not going to calculate CPI using the real data right now that shows galloping inflation... instead we will use data from pre-COVID instead.

Govt data is worthless.
Click to expand...

You want to try this again? That's not what it say's at all.
 
#12,610
#12,610
lawgator1 said:
Gold ought to be much higher than it is. A bit of an historic anomaly due in some measure by people running to bitcoin as an alternative hedge.

Has one of two paths, either will work as a hedge and continue to divert safe haven seekers from the usual platforms, or collapse as many of have discussed, causing gold to absolutely explode.
Click to expand...


I am betting on this. I just can't trust crypto.
 
#12,616
#12,616
Ernest T. Vol said:
Pelosi Buy Alert!
Just start tracking Pelosi for the best investment advice and insider portfolio modeling.

Nancy Pelosi buys millions in call options in Google, Disney, others(NASDAQ:GOOGL) | Seeking Alpha

  • House Speaker Nancy Pelosi and her husband have purchased millions of dollars in call options in several technology stocks, including Google (NASDAQ:GOOGL), Roblox (NYSE:RBLX) and Disney (NYSE:DIS), according to CongressTrading.com, a database that keeps track of lawmaker's stock trades.
  • In addition, Pelosi and her husband, Paul, who runs Financial Leasing Services, a real estate and venture capital investment and consulting firm, also purchased call options in Micron Technology (NASDAQ:MU) and Salesforce.com (NYSE:CRM).
  • The purchases were made between December 17 and December 21.
  • The Salesforce.com (CRM) and the Google (GOOGL) purchases were the most expensive, according to the database, costing between $500,001 and $1 million. The other acquisitions were between $250,001 and $500,000.
  • Pelosi has come under fire for the trades in the past, but has defended them, most recently saying earlier this month that this is a "free market economy" and lawmakers "should be able to participate in that."
  • Hedge fund manager Dan Niles recently said that Google (GOOGL), along with Meta Platforms (NASDAQ:FB) and General Motors (NYSE:GM) were his top stock picks for 2022.
Click to expand...
Yeah but we need to see Trump's tax returns
 
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#12,617
#12,617
Velo Vol said:
It's not supposed to be for the benefit of anyone. It's a measurement.
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Isn't CPI used to determine cost of living increases?

Latest Cost-of-Living Adjustment

How is a COLA calculated?
The Social Security Act specifies a formula for determining each COLA. According to the formula, COLAs are based on increases in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W). CPI-Ws are calculated on a monthly basis by the Bureau of Labor Statistics.
Click to expand...
 
#12,623
#12,623
Velo Vol said:
Not in theory. Over time the things people spend money on changes.
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Maybe I need to read up on it again, but I don’t think they’re adding or removing products from the list based on how many people purchase them, are they?
 
#12,624
#12,624
Vol8188 said:
Maybe I need to read up on it again, but I don’t think they’re adding or removing products from the list based on how many people purchase them, are they?
Click to expand...
I haven't looked up the details on this change. The headline said re-weighting. So a likely just adjusting %s for the stuff in the basket.
 
#12,625
#12,625
Velo Vol said:
I haven't looked up the details on this change. The headline said re-weighting. So a likely just adjusting %s for the stuff in the basket.
Click to expand...

Will you be suspicious at all if their reweighting results in decreased for this year?
 
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