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Nancy Pelosi’s husband is a genius at picking stocks. He’s so good retail traders are following his trades because he always picks the winners. Of course, he’s not making picks based on insider trading information coming from his wife the Speaker.
MSM Money reports: When in doubt, pick the same stocks that lawmakers’ spouses are buying? That’s what retail investors are doing when it comes to trades made by House Speaker Nancy Pelosi’s husband, Paul Pelosi, a businessman who owns a real estate and venture capital firm. Though Nancy Pelosi herself doesn’t trade stocks, her husband does. And that’s enough for some social traders, who see his trades as hers. “We’ve been tracking their performance and every single stock she has bought in the last two years has gone up significantly,” Christopher Josephs, cofounder of Iris , told Yahoo Finance Live. Iris is a social investing app allowing users to see the same stocks friends, influencers and professionals are buying. TRENDING: University of Colorado Hospital System Denies Woman’s Life-Saving Kidney Transplant; Will No Longer Provide Organ Transplants to Unvaccinated Patients Trades made by lawmakers or their family members are required to be disclosed within 45 days of execution. “The reason why Speaker Pelosi became so popular was because every trade she was making inevitably turned out to be such a long-term winner,” said Josephs. “Albeit the entire market has gone up significantly, but these are very, very risky bets because she’s been buying LEAP options as opposed to just stock,” added Josephs. Here’s more on the strategy used by corrupt politicians like Pelosi. Don’t ever think these people care about you.
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They’re Trying to Shut Us Down
Over the last several months, I’ve lost count of how many times the powers-that-be have tried to shut us down. They’ve sent hackers at us, forcing us to take extreme measures on web security. They sent attorneys after us, but thankfully we’re not easily intimidated by baseless accusations or threats. They’ve even gone so far as to make physical threats. Those can actually be a bit worrisome but Remington has me covered.
For us to continue to deliver the truth that Americans need to read and hear, we ask you, our amazing audience, for financial assistance. We have a Giving Fuel page to help us pay the bills. It’s brand new so don’t be discouraged by the lack of donations there. It’s a funny reality that the fewer the donations that have been made, the less likely people are willing to donate to it. One would think this is counterintuitive, but sometimes people are skeptical because they think that perhaps there’s a reason others haven’t been donating. In our situation, we’re just getting started so please don’t be shy if you have the means to help.
Thank you and God bless!
JD Rucker