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Nancy Pelosi, the former Speaker of the House, has been known for making high-profile stock trades that have garnered significant attention. While some of her investments have sparked controversy, others have led to impressive returns. One notable trade is her investment in Nvidia , a leading player in the semiconductor and artificial intelligence space.
Pelosi's Nvidia Trade: A Look at the Details
On June 3, 2021, Nancy Pelosi purchased 50 call options on Nvidia, with a strike price of $400. According to the disclosure filed on July 2, 2021, the total value of the trade was between $1 million and $5 million. At the time of Pelosi's trade, Nvidia's stock was experiencing strong momentum, driven by demand in gaming, artificial intelligence, and data centers.
The price of Nvidia stock on the day of her trade was around $16.9 (adjusted for stock splits). Fast forward to the present, and Nvidia has experienced explosive growth. As of 6th September 2024, Nvidia stock is trading at over $102 per share, a significant increase since Pelosi's trade.
The Returns: From $1,000 to a Potential Fortune
If you had invested $1,000 in Nvidia on the same day Pelosi made her call option purchase, your investment would have appreciated substantially. Let's break down the math:
Here's how your $1,000 investment would have fared:
Thus, a $1,000 investment in Nvidia on June 3, 2021, would be worth approximately $6,018 today, reflecting a 503% return on investment. This outpaces the broader market by a significant margin, as the S&P 500 increased by just 29% during the same period.
Pelosi's Other High-Profile Trades
Nancy Pelosi's Nvidia trade may be well-known, but it is far from her only high-profile investment. Over the years, Pelosi has frequently traded major tech stocks, including Apple , Tesla , Alphabet , and Microsoft . Notably, her December 2020 Tesla call options purchase came just before the stock's inclusion in the S&P 500, leading to significant gains. Despite accusations that her trades benefit from non-public information, Pelosi has maintained that her investments are managed by a third-party, deflecting concerns about potential conflicts of interest.
The Impact of Pelosi's Trades on Public Perception
Nancy Pelosi's stock trading has raised concerns about the potential for conflicts of interest among lawmakers. While it's legal for members of Congress to trade stocks, critics argue that they may have access to information that gives them an unfair advantage over ordinary investors. In fact, Pelosi's trades—along with those of other high-profile politicians—have inspired discussions about whether stricter rules should be put in place to regulate stock trading by lawmakers.
Conclusion: Should You Follow in Pelosi's Footsteps?
If you had followed Nancy Pelosi's investment in Nvidia in June 2021, you would have seen substantial returns. Pelosi's high-profile stock trades have sparked debates about ethics and fairness, but for those who followed her Nvidia trade, the results have been undeniably lucrative.
On the date of publication, Caleb Naysmith did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
To gain an edge, this is what you need to know today.
Silver Is The New AI Play
Please click here for an enlarged chart of silver ETF iShares Silver Trust .
Note the following:
Magnificent Seven Money Flows
In the early trade, money flows are neutral in Meta Platforms Inc , Amazon.com, Inc. , and Alphabet Inc Class C .
In the early trade, money flows are negative in AAPL, Microsoft Corp , NVIDIA Corp , and Tesla Inc .
In the early trade, money flows are positive in SPDR S&P 500 ETF Trust and Invesco QQQ Trust Series 1 .
Momo Crowd And Smart Money In Stocks
Investors can gain an edge by knowing money flows in SPY and QQQ. Investors can get a bigger edge by knowing when smart money is buying stocks, gold, and oil. The most popular ETF for gold is SPDR Gold Trust . The most popular ETF for silver is iShares Silver Trust SLV. The most popular ETF for oil is United States Oil ETF .
Bitcoin
Bitcoin is seeing light selling.
Protection Band And What To Do Now
It is important for investors to look ahead and not in the rearview mirror.
Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider a protection band consisting of cash or Treasury bills or short-term tactical trades as well as short to medium term hedges and short term hedges. This is a good way to protect yourself and participate in the upside at the same time.
You can determine your protection bands by adding cash to hedges. The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive. If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges.
A protection band of 0% would be very bullish and would indicate full investment with 0% in cash. A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling.
It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash. When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks. High beta stocks are the ones that move more than the market.
Traditional 60/40 Portfolio
Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time.
Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less. Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time.
The Arora Report is known for its accurate calls. The Arora Report correctly called the big artificial intelligence rally before anyone else, the new bull market of 2023, the bear market of 2022, new stock market highs right after the virus low in 2020, the virus drop in 2020, the DJIA rally to 30,000 when it was trading at 16,000, the start of a mega bull market in 2009, and the financial crash of 2008. Please click here to sign up for a free forever Generate Wealth Newsletter.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
On CNBC's “Halftime Report Final Trades,” Bryn Talkington of Requisite Capital Management said Tesla, Inc. continues to have some of the highest call premium in the market.
Tesla has made its 100 millionth 4680 cell to be used inside its Cybertruck vehicle, the company said on Saturday. The Austin, Texas-based company announced the milestone on the social media platform X.
"Produced our 100 millionth 4680 cell across all our factories!," the company wrote, with an adjoining image of a Tesla-made humanoid robot holding up the landmark 100 millionth cell.
Tesla CEO Elon Musk commented on the news via X.com. See below.
Elon Musk@elonmuskSep 15, 2024Congratulations Tesla cell team! https://t.co/oK4WaeWZ6p
See Also: Tesla’s Cybertruck Sales In July Nearly Matched Those Of All Over EV Trucks Combined
Joseph M. Terranova of Virtus Investment Partners said look for Interactive Brokers Group, Inc. to push well above its May high level of $129.
On Sept. 9, UBS analyst Brennan Hawken maintained Interactive Brokers with a Buy rating and raised the price target from $145 to $155.
Don't forget to check out our premarket coverage here
Rob Sechan of NewEdge Wealth picked Suncor Energy Inc. , which is up 15% for the year, but 15% off its high level.
On Sept. 13, RBC Capital analyst Greg Pardy reiterated Suncor Energy with an Outperform and maintained a C$67 price target.
Jim Lebenthal of Cerity Partners named iShares Core S&P Small-Cap ETF as his final trade.
Price Action:
Check This Out:
Image: Courtesy of Tesla
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Mining company BHP Group Ltd has flagged an acute shortage of copper metal as global Big Techs, including Microsoft Corp , Google parent Alphabet Inc , Amazon.Com Inc , and more, splurge on their artificial intelligence ambitions.
The growth of data centers and AI could boost global copper demand by 3.4 million tonnes a year by 2050, the Financial Times cites BHP’s CFO Vandita Pant.
Pant told the FT that BHP Group expects global copper demand to reach 52.5 million tonnes annually by 2050, up 72% from 2021. Previously, the mining company had warned against a possible rise in copper prices as the demand outweighed supply.
Also Read: BHP Averts Strike At World’s Largest Copper Mine, Stabilizes Chinese Copper Supply
Copper is indispensable for industries pivotal to the zero-emission target, including power cables, electric vehicles, and solar farms. Therefore, a crisis in the metal could hamper the prospects of companies ranging from Microsoft, Google, and Amazon to EV companies like Tesla Inc and more lest Nvidia Corp , fails to supply AI chips to the Big Techs due to the copper crisis.
JPMorgan analyst Patrick Jones projected a four million metric tonnes copper deficit by 2030, courtesy of EVs and renewable energy demand. The analyst also blamed China’s weak demand, which accounts for over 50% of global copper demand.
BHP Group’s copper production rose 9% in fiscal 2024 for the second successive year, reaching 1.9 million tons. The average realized copper prices increased in fiscal 2024.
BHP Group has snapped a 50% stake in Argentina’s Filo del Sol and Josemaria copper projects, which have the potential to help accomplish a 70% increase in global copper demand by 2050.
BHP Group expects the production to grow by another 4% in fiscal 2025, reaching 1.85 million tons–2.05 million tons.
BHP Group’s stock has been down close to 14% in the last 12 months. Investors can gain exposure to the stock through the Avantis International Equity ETF (NYSE:AVDTHE) and Dimensional International Core Equity Market ETF .
Price Action: BHP stock is up 0.42% at $53.11 premarket at the last check on Monday.
Also Read:
Benzinga Mining is the bridge between mining companies and retail investors. Reach out to licensing@benzinga.com to get started!
Photo via Shutterstock
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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