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2023-10-14 Government Corruption
Congress buys up US Defense Industry war stocks ahead of Hamas attack on Israel
[FINBOLD] As tensions escalate between Israel and the Hamas group, it has been revealed US congressional leaders have been making some strategic investment moves into military-related stocks.

For starters, defense company General Dynamics (NYSE: GD) has witnessed a surge in purchases. This isn’t entirely unexpected; defense stocks often become attractive during times of geopolitical tension. Remember the Ukrainian war? We saw a similar trend then.

However, what’s even more intriguing is the sectoral split between Republicans and Democrats. A substantial number of Republicans have shown a keen interest in the energy sector. Heavyweights like Exxon Mobil (NYSE: XOM), Devon Energy (NYSE: DVN), and Chevron (NYSE: CVX) are clearly the favorites.

On the other side of the aisle, Democrats seem to be playing the long game, focusing on the cybersecurity sector with acquisitions in firms like Fortinet (NASDAQ: FTNT), according to insights by @unusual_whales on X (formerly Twitter) on October 9
Posted by Besoeker 2023-10-14 02:16|| || Front Page|| [11144 views ]  Top

#1 Onslo wasn't surprised. Neither are any of us.
Posted by Besoeker 2023-10-14 02:26||   2023-10-14 02:26|| Front Page Top

#2 Good. I like it when influential people can make $$$ by supporting Israel.
Posted by Grom the Reflective 2023-10-14 03:36||   2023-10-14 03:36|| Front Page Top

#3 I hope I live long enough to see all these fuckers lined up and shot or hung.
Posted by Chris 2023-10-14 08:11||   2023-10-14 08:11|| Front Page Top

#4 Got a "heads up" from somebody did they ?
Posted by Besoeker 2023-10-14 08:17||   2023-10-14 08:17|| Front Page Top

#5 
Posted by Cholutle Thrans9751 2023-10-14 08:29||   2023-10-14 08:29|| Front Page Top

#6 Got a "heads up" from somebody did they?

Don't have to trade on insider information when you are just making the information as you go.
Posted by M. Murcek 2023-10-14 08:42||   2023-10-14 08:42|| Front Page Top

#7 Prime point of evidence the Covid Protocols was Bullshit.
Posted by swksvolFF 2023-10-14 10:14||   2023-10-14 10:14|| Front Page Top

#8 4th Quarter stock churning? Bets that the Ukraine need for military gear will continue or at least US stockpiles will need to be replenished (longer term investment that)?

Assuming a causal link with the Hamas attacks seems ...premature, very premature.
Posted by magpie 2023-10-14 13:26||   2023-10-14 13:26|| Front Page Top

#9 It’s amazing how vested these people are in funding the Ukrainian military.
Posted by Super Hose 2023-10-14 14:58||   2023-10-14 14:58|| Front Page Top

#10 ^ Yes. Almost like they can feel their time on the gravy train ending soon.
Posted by M. Murcek 2023-10-14 15:07||   2023-10-14 15:07|| Front Page Top

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