What Would Nancy Pelosi Do?

Steve Strazza
March 3, 2022

Speaker of the House Nancy Pelosi is one of the most powerful politicians in America.

She’s also one of the best individual investors in the world.

A now-suspended Twitter account that used to track her trades noted in October 2021 that she’d managed a 69% annualized return over the trailing 10 years.

In 2021, though she was the top Democrat and she outperformed the S&P 500 Index by a decent margin, Pelosi trailed five Republican Members of Congress.

Dan Crenshaw of Texas, John Curtis of Utah, French Hill of Arkansas, and Brian Mast of Florida occupied the four spots just ahead of her.

Topping the list of Congress’s best investors in 2021 was Austin Scott of Georgia.

The highest-ranking Senator for 2021 was Minority Leader Mitch McConnell of Kentucky, who ranked No. 19 overall of 35 total members of the House of Representatives and the Senate who beat the S&P.

That’s 35 solid investors out of a total of 635 Representatives and Senators.

Here's another thing about Nancy Pelosi.

On top of her long-term track record and her recent success, she’s as sophisticated as any hedge fund when it comes to disclosing her trades.

She waits until literally the last day to submit her required Periodic Transaction Report with the Clerk of the U.S. House of Representatives.

That's because she knows people are watching.

Welcome to The Hot Corner.

This daily report covers all the latest insider transactions and options market splashes.

Of course, we have the latest Nancy Pelosi filing on today’s list. That’s exciting, because, as we discussed, she has one of the best track records on Capitol Hill.

Pelosi appears to be making a bullish bet on the credit services and payment processing industries as she exercised calls to purchase shares of both American Express $AXP and PayPal $PYPL.

Additionally, she reported large buys of over $1,000,000 in two popular Dow Jones Industrial Average components, Walt Disney $DIS and Apple $AAPL. This was also done through options.

Last but not least, she purchased stock in the investment management firm, AllianceBernstein $AB for the second time since December.

With regard to today’s headline – “What Would Nancy Pelosi Do” – when it comes to the stock market, we don’t have to guess.

Here’s the Hot List with data through March 2, 2022:

Another thing that stands out – and has stood out for months now – is the investor interest in metals and mining stocks.

Yesterday, there was bullish options activity in America’s largest coal producer, Peabody Energy $BTU. The stock is also breaking out of a bullish continuation pattern to new highs. We like this setup a lot.

And last but not least, there was a 13D filing for MP Materials $MP by JHL Capital Group. The fund now owns 31% of this $7.5 billion rare earth metals company.

Similar to Peabody, MP is also working on a continuation pattern within the context of a strong primary uptrend.

Stay tuned. We'll be back tomorrow with more insider action!

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And as always, feel free to reach out with any questions. We love hearing from you!

Allstar Charts Team.

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