The Steross Market and Investing Thread

Rob B. said:
But I saw nobody screaming about it when it was happening. I'm sure Fox or Newsmax probably railed about it, but nobody cares about them.
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Ugh, I saw it. People have been complaining about that for years. All these are around the same time (2021-2022). Someone specific to Pelosi some more general. Maybe not all written negatively, but when you see the articles about her trades with the context of the others... they were written for a reason.

www.nytimes.com

Stock Trades Reported by Nearly a Fifth of Congress Show Possible Conflicts (Published 2022)

A New York Times analysis found that 97 lawmakers or their family members bought or sold financial assets over a three-year span in industries that could be affected by their legislative committee work.
www.nytimes.com www.nytimes.com

www.businessinsider.com

78 members of Congress have violated a law designed to prevent insider trading and stop conflicts-of-interest

Insider has identified numerous members of Congress who have violated the STOCK Act. Congress is now considering banning lawmakers from trading stocks.
www.businessinsider.com www.businessinsider.com


www.forbes.com

Pelosi Unloads Millions In Nvidia Stock At A Loss Before Senate Passes Massive Tech Subsidies

The husband of House Speaker Nancy Pelosi (D-Calif.) sold the Nvidia shares Tuesday to avoid any “misinformation” about his highly scrutinized trades, Pelosi’s office said.
www.forbes.com www.forbes.com

moneymade.io

What's the Best Nancy Pelosi Stock Tracker? - MoneyMade

Keep your eyes peeled—the best Nancy Pelosi stock trackers let you monitor her $42 million portfolio that includes stocks like Apple, Facebook, Amazon, and AT&T.
moneymade.io moneymade.io
 
Rob B. said:
But I saw nobody screaming about it when it was happening. I'm sure Fox or Newsmax probably railed about it, but nobody cares about them.
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There have been many, many posts about Pelosi and her inside trading, both on this site and on OP. The congressional stock gains graph was also posted very recently. It has been universally decried as corrupt and in a just system, she should be in jail.

We are less than two weeks removed from me mentioning Paul Pelosi's PPP loan. If you arent seeing it, you arent looking very hard, IMO.

And trumps action here is a whole different ballgame.
 
steross said:
www.mortgagenewsdaily.com

Worst 24 Hours For Rates So Far This Year

Tariff volatility giveth and taketh from interest rates. Up until Friday afternoon, it's been mostly "giveth-ing." In other words, the prospect of trade wars between the US and numerous foreign countries has generally caused weakness in the stock market and strength in the bond market...
www.mortgagenewsdaily.com
As a result, mortgage lenders were under progressive pressure to bump today's mortgages rates higher several times. The net effect is that we've moved from 2025's lowest rates to highest since late February in the space of 24 hours.

View attachment 10874
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https://twitter.com/x/status/1910099348316205459
 
Rob B. said:
Nancy Pelosi says
Marsai Martin Heyyy GIF by BET Awards
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Nancy Pelosi ordered tariffs that drove the stock market down in two days then posted a social media post saying “BUY!” the morning before she turned around and paused the tariffs that drove the market down resulting in an opportunity for all her cronies to buy at an extreme low before the near guaranteed rise in the market?

News to me.

Ridiculous BS whatabouting like this and leaving it at that as if it excuses Trumps conduct is one of the big reasons you get accused of being MAGA.

Just about everybody here called out Pelosi….(and other Dems….and there were Republicans engaged in it as well) for the appearance of insider trading.

Insider trading is bad. Market manipulation to the benefit of cronies is worse.
 
Rob B. said:
But I saw nobody screaming about it when it was happening. I'm sure Fox or Newsmax probably railed about it, but nobody cares about them.
Click to expand...
This is complete and utter BS….just about everybody here screamed about it when it was happening.

There were entire threads dedicated to it.

This attempt at “alternative facts” isn’t gonna fly.
 
CowboyJD said:
Nancy Pelosi ordered tariffs that drove the stock market down in two days then posted a social media post saying “BUY!” the morning before she turned around and paused the tariffs that drove the market down resulting in an opportunity for all her cronies to buy at an extreme low before the near guaranteed rise in the market?

News to me.

Ridiculous BS whatabouting like this and leaving it at that as if it excuses Trumps conduct is one of the big reasons you get accused of being MAGA.

Just about everybody here called out Pelosi….(and other Dems….and there were Republicans engaged in it as well) for the appearance of insider trading.

Insider trading is bad. Market manipulation to the benefit of cronies is worse.
Click to expand...

As someone who has been in the markets for decades, it has always seemed that some have inside info. But, it always seemed to be either a few outside of government or an issue with individuals (ie Pelosi).

This all just feels dirty. And coordinated dirty from the government itself. Honestly, I hope I am very wrong. Because if we truly have an exec branch that is manipulating policy to create wealth for cronies in the markets, we are possibly in the end times of this republic.
 
steross said:
As someone who has been in the markets for decades, it has always seemed that some have inside info. But, it always seemed to be either a few outside of government or an issue with individuals (ie Pelosi).

This all just feels dirty. And coordinated dirty from the government itself. Honestly, I hope I am very wrong. Because if we truly have an exec branch that is manipulating policy to create wealth for cronies in the markets, we are possibly in the end times of this republic.
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The oligarchy often walks hand-in-hand with fascistic, authoritarian systems.

They all benefit.

Nobody else does.
 
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steross said:
As someone who has been in the markets for decades, it has always seemed that some have inside info. But, it always seemed to be either a few outside of government or an issue with individuals (ie Pelosi).

This all just feels dirty. And coordinated dirty from the government itself. Honestly, I hope I am very wrong. Because if we truly have an exec branch that is manipulating policy to create wealth for cronies in the markets, we are possibly in the end times of this republic.
Click to expand...

I'm guessing (hoping) it wasn't intentional in the beginning but someone finally got through to him that his idea was horribly destructive and the opportunity just happened to be there.
 
www.usatoday.com

US stock futures fall after Trump's 90-day pause on tariffs

U.S. stock futures point to a lower open on Thursday, a day after a historic surge on President Donald Trump's 90-day pause on some of his most aggressive tariffs.
www.usatoday.com www.usatoday.com

"The current situation is not only chaotic, it’s crazy," said ING Economist Carsten Brzeski. "Don’t forget that we have been here before with announcements and then we get some pauses, only for the originally announced tariff to be reintroduced again. As such, caution remains warranted - and remember President Trump does need revenue to fund his promised tax cuts. It would be a surprise if...(the) announcement was really the return of ‘common sense’."
 
CowboyJD said:
Nancy Pelosi ordered tariffs that drove the stock market down in two days then posted a social media post saying “BUY!” the morning before she turned around and paused the tariffs that drove the market down resulting in an opportunity for all her cronies to buy at an extreme low before the near guaranteed rise in the market?

News to me.

Ridiculous BS whatabouting like this and leaving it at that as if it excuses Trumps conduct is one of the big reasons you get accused of being MAGA.

Just about everybody here called out Pelosi….(and other Dems….and there were Republicans engaged in it as well) for the appearance of insider trading.

Insider trading is bad. Market manipulation to the benefit of cronies is worse.
Click to expand...
Some one has posted the Nancy pelosi stock twitter account numerous times.
 
Rob B. said:
That's been going on since the stock market began.
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Yes, insider trading. No, not straight from the executive branch.

While you say you aren't MAGA, TBH, the thing that you do that is most MAGA to me is try to relate things Trump does to history that is vaguely similar but fundamentally different. Like him or not, we should all agree he isn't just following the playbook that has been done in the past.
 
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