Senior member of Congress buys tech stocks just before earnings?
This is very interesting, and even suspicious...
Our team found that Dwight Evans, a senior Democratic member of Congress from Pennsylvania, recently purchased a significant basket of technology stocks, and this is happening at a strange timing, just before the hot earnings season.
Here are the exact stock details as we found them:
Nvidia $NVDA – purchased
IBM $IBM – purchased
Google $GOOGL – purchased
Intel $INTC – purchased
Amazon $AMZN – purchased
And what is most suspicious in our view?
Three out of these five companies are reporting, this very week.
When the market is tense, volatility is at its peak, and every comma in the report can send the stock soaring or crashing.
Technology is still at the center of attention, both on Wall Street and Capitol Hill.
And therefore, such timing for a purchase, by a senior legislator, raises many eyebrows...
When a legislator chooses to invest in technology companies just before they report, it is very suspicious.
We are monitoring!