Market Rumors & Congress Power Trades

Good Morning,

Welcome to another edition of Market Intel, where we break down financial data into easy-to-digest insights. In today’s edition, we spotlight a Congressman trading like a Wall Street pro, dive into insider buying at GameStop that raised eyebrows, and introduce our newest feature — Stock Rumors, where we dig through Reddit to surface potential alpha before it hits the headlines.

And with that, welcome to Market Intel!

CONGRESS DAY-TRADER FEATURE: JOSH GOTTHEIMER

Representative Josh Gottheimer (D-NJ) is back at it — and this time, it’s with 46 separate trades reported just this past week. That brings his total to nearly 500 trades over the past year, rivaling the activity of a full-time day trader.

Let that sink in: a sitting congressman, whose primary job is legislating, has managed to churn out trades like he's running a personal hedge fund. 🤯

A Look at the Latest Activity

Here's a quick snapshot of some of the companies he's buying into:

• Tech & Payments: Repeated buys in Visa (V), along with Meta (META), AppLovin (APP), and IBM suggest a strong lean into tech and digital payments. Visa alone shows up three separate times in one day.

• Travel & Hospitality: Multiple buys in Booking Holdings (BKNG) hint at a bullish stance on travel recovery or consumer discretionary strength.

• Retail & Food Delivery: Purchases of Walmart (WMT) and DoorDash (DASH) show interest in both traditional and gig-economy commerce.

• Healthcare & Biotech: A buy in Gilead Sciences (GILD) signals exposure to pharma — a sector that often intersects with federal policy and funding.

• Financial Infrastructure: Buys in Intercontinental Exchange (ICE) and Fiserv (FI) — both players in fintech and transaction processing — stand out as bets on the backbone of financial systems.

👀 What’s Going On?

This volume of trading isn’t normal. Whether it’s active portfolio management, alpha-chasing, or something else entirely, Gottheimer’s behavior is wildly outside the norm for a public official. His portfolio shows diversification, sure — but also precision and repetition in certain sectors like payments, big tech, and financial infrastructure.

We’ll keep tracking it… because if you want to understand where the wind’s blowing in D.C., following the money isn’t a bad place to start.

💰 GAMESTOP INSIDERS ARE BUYING — BIG

Insider activity at GameStop (GME) lit up last week — and not just any insiders. We’re talking about Chairman and CEO Ryan Cohen himself leading the charge.

Breakdown of the Buys:

• 🧠 Ryan Cohen (President, CEO & Chairman) bought 500,000 shares for a staggering $10.8 million

• 👤 Alain Attal (Director) picked up 10,000 shares worth roughly $257,500

• 👤 Lawrence Cheng (Director) added 5,000 shares for around $107,700 These are not token gestures — this is deep-pocket conviction from the top brass.

Why It Matters

Cohen dropping over $10 million into his own company sends a clear message: he’s still betting big on the GME turnaround story. Whether it’s a belief in the company’s future retail strategy, an incoming catalyst, or just Cohen signaling strength during market uncertainty — this kind of insider buying tends to move sentiment fast.

And when multiple insiders pile in within the same week, it often signals internal confidence about something the market hasn't fully priced in yet. Here’s a look at recent insider transactions for the company.

🕵️‍♂️ NEW FEATURE: STOCK RUMORS

We're excited to roll out a brand-new feature: Stock Rumors — where we scan Reddit and other online forums for "insider-like" chatter and unusual commentary that could hint at what's moving behind the scenes.

This isn’t your average noise.

Our system surfaces the most compelling, high-signal posts where users are dropping potential catalysts, earnings leaks, or even hinting at M&A before it hits the news cycle. Think of it as your early warning radar for what the internet knows before Wall Street reacts.

🔍 Our first batch of rumor spotlights includes:

• RDDT (Reddit): Growth potential tied to user engagement and AI monetization

• PLTR (Palantir): Palantir rumored to be working with DOGE on IRS contract

• GME (GameStop): Unusual call options activity hints at bullish catalyst

• BA (Boeing): Layoffs and hiring shifts spark turnaround speculation

• INTC (Intel): Tariff risks and production moves pose new challenges

Starting this week, we’ll be highlighting 1 free rumor in each newsletter — so everyone can get a taste. The full set of rumors will be available exclusively in the premium version of the newsletter for our paid subscribers.

This is alpha before it becomes obvious. Tap in early.

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