Pelosi Bought THESE AI Stocks...

We must discuss the two recent stock purchases by former House Speaker Nancy Pelosi, and why it's a big deal.

Pelosi Buys Big Name AI Stocks  ­ Folks,   Nancy Pelosi recently made two massive stock purchases... On June 24th, the former Speaker of the House bought 20 call options of AVGO with a $800 strike price and a June 20, 2025 expiration date.   She followed that up with a purchase of 10,000 NVDA shares on June 26th!   You may be asking yourself why we even care about Pelosi's trades...   The truth is that she is one of the more successful stock investors in the market today, with a nearly 3x return in 2023 compared to the S&P 500 (according to The Motley Fool). This is not surprising considering that she has plenty of insider knowledge regarding policies that could help or hurt different sectors.   While we should take advantage of the insights, it's also important to pay attention to other elevating factors...   With this in mind, let's examine the technicals!   The stock has shown incredible price strength over the past 20 months or so, increasing by around 1200% (according to ThinkorSwim)   NVDA has been a bit topsy-turvy over the past few weeks though... It did manage to find support at $119, which could give the stock a boost moving forward.   Broadcom has been shockingly similar in its setup!   A big difference however is that their recent support level has not generated any proof of upward momentum afterwards. This creates a concern that the bears may be able to push AVGO below support at $1697, which would be a deprecating factor for the stock.   Anyways... That's all for now!   Until Next Time, -Damian P.S. Want our text alerts? Text "ZIPTRADER" to 1-(855)-228-1598 to sign up!  (standard carrier data/text rates apply) ZIPTRADER LLC 5101 SANTA MONICA BLVD STE 8 #62, 90029, LOS ANGELES, CA You've received it because you've subscribed to our newsletter or are a member of ZipTraderU. This email was sent to stevenmagallanes520.nims@blogger.com BY READING THIS EMAIL & ALL ZIPTRADER CONTENT YOU AGREE: This is not financial advice. You must do your own due diligence on all information. ZIPTRADER LLC is a publishing company and we provide general information, opinions, & news coverage to viewers. However – we do not provide personalized financial advice, are not financial advisors, and our opinions are not suitable for all investors. You should not treat any opinion as expressed as a specific inducement to make a particular investment or follow a particular strategy, but just as an opinion. Use at your own risk. Past Performance is not indicative of future results, and any results presented are not typical, and should not be understood as typical. Actual results vary given a variety of factors such as experience, skill, risk mitigation practices, market dynamics and the amount of capital deployed. TRADING IS RISKY: Most traders in all markets lose all of their money (and more if they use margin). Most small businesses fail. Do NOT partake in trading, investing, entrepreneurship or any other risky endeavor covered here if you are not prepared with the reality that most fail. We reserve the right to have affiliate relationships with advertisers/sponsors. See Full Terms of Service.See Our Advertisement/Sponsored Stock Disclaimer. View in browser | Unsubscribe