Politician Trades Crushing the Market

This Week’s Quiver Newsletter:

We’ve seen many fascinating developments in the alternative data we collect and publish.

This week, we're highlighting the top Quiver Strategies trending right now:

Get full access to these insights and more by trying Quiver Premium for free👇

We also cover:

• Recent notable Congress trades

• Can Quiver’s Fear & Greed Index be used to generate excess returns?

• How NVIDIA’s earnings AI forecast is sparking a surge in semiconductor stocks

LAST WEEK’S CONGRESSIONAL TRADES 

Insights from our Congress Trading Dashboard

• Rep. Michael Guest started buying Nvidia (NVDA) in August 2023, and his investment is up 128%. He is also the Chairman of the House Ethics Committee, which is responsible for policing congressional stock trading.

• Rep. Nancy Pelosi’s Nvidia (NVDA) $5M call options purchase is up 102%.

• Presidential Candidate Robert F. Kennedy has bought GameStop stock (GME) for the first GameStop purchase from a politician since 2021.

• Rep. Pete Sessions sells up to $100k of Nvidia (NVDA) stock. This is the first time we have seen him sell Nvidia, a position he first bought in 2017, delivering a staggering 3,458% return.

• Sen. Tuberville’s (HUMA) position is up 162% since we reported last month. Humacyte is a small biotech company that has been testing its technology in Ukraine. Tuberville sits on the Armed Services Committee.

To see more details about their trades, and how they’ve performed since, check out our:

MANAGE ETF VOLATILITY USING FEAR & GREED INDEX

Insights from our WallStreetBets F&G Dashboard

Quiver’s Fear and Greed Index is a unique measurement of the relative bullishness (or bearishness) of discussion on the WallStreetBets investing forum.

Can the Quiver Quantitative Fear & Greed dataset be used generate excess returns?

In a recent white-paper, alphaAI explored whether this metric could be used to generate excess returns through better portfolio risk management.

Here is a link to their findings:

By implementing a strategy with Cash/TQQQ (a 3x Nasdaq leveraged ETF), alphaAI was able to reduce drawdown by half and maintain volatility below 30%.

The results? Using the F&G Index to manage risk led to a significantly better risk-adjusted return compared to a passive, buy-and-hold approach.

NVIDIA’S EARNINGS AI FORECAST SPARK SURGE IN SEMICONDUCTOR STOCKS

Nvidia (NVDA) surged 9% on Thursday after its impressive revenue forecast reinforced investor confidence in the AI-driven boom in chip demand, boosting shares across the semiconductor sector. Nvidia's strong performance capped a successful quarter for U.S. technology giants, with AI emerging as a significant growth driver. The company's shares, trading near record highs before the earnings announcement, reflected high expectations, which were more than met.

"Companies are continuing to increase their capital expenditures, particularly Big Tech, to keep up with this revolutionary technology, and Nvidia is by far the biggest beneficiary," said Josh Gilbert, market analyst at eToro. Nvidia also announced a 10-for-one stock split on Wednesday and increased its quarterly dividend by 150%, driven by continued high demand for its advanced chips powering AI applications, including OpenAI's ChatGPT. The company's shares rose above $1,000, setting a potential milestone if they close above that level, further boosting its market value by $210 billion to $2.335 trillion.

Continued on our News Feed.