In a recent SEC filing, Trump sold up to $1,000,000 worth of Nvidia stock before news of the scandal that forced Jensen Huang to resign.
And he wasn’t alone.
A trust linked to the wife of Rep. Ro Khanna (D-CA), one of Congress’s most vocal advocates for banning lawmakers from trading stocks, sold Nvidia shares near their peak.
Maybe it’s just a coincidence. (LOL!)
Or maybe they’re both just great stock timers. (LMAO!)
Or Maybe…Just Maybe this is just another episode of how our Congress Critters get away with insider trading while shoving it in our face, mocking us with their arrogant attitude of WE can do what we want…and you can’t do anything about it.
They believe they are above the law.
Unfortunately, events like this confirms it.
And yet they will deny any wrong doing and claim innocence while laughing all the way to the bank.
Does anyone, besides us, remember one of Trump’s comments after the blue tsunami swept the elections in favor of the Democrats?
One of his highlights was when he said that there may be a CEO who gets fired soon.
And out of the blue…BAM! Jensen Huang is out as CEO of NVDIA.
If that wasn’t a planned Wall Street assassination then I don’t know what is.
In Tuesday’s post, Nvidia’s Honey Trap, we said:
Because when the CEO of a Wall Street darling company goes down in a scandal involving a honey trap, you can rest assured the “Trap” has been a long time in the making.
Again, we reference Trump’s statement about changes after the election and a CEO getting fired.
But why Huang and why Nvidia?
Read Tuesday’s post (HERE) where we also said:
Nvidia and China stand for Open-Source Models.
In the US, the Deep State/Anthropic/OpenAI (ironic name btw) stand very much against Open Source.
They want Closed and Highly regulated models
This is all an excuse to take out the Nvidia CEO and replace him with some Indian (((they))) can control.
We knew Huang would be ousted but didn’t expect it so quickly.
In the meantime, the sharks on Wall Street will fill the headlines in the next month saying, either Nvidia is a great buy or the future looks really bad for everyone’s favorite chip making/AI wonder stock.
As a result, we believe they will drive the price down under $120 or more so that in the investors eyes it becomes toxic.
Keep in mind that nearly every ETF, Mutual Fund, Pension Plan, and major players ALL OWN Nvidia. And at a certain point will become disgusted with it and eventually sell near the bottom.
That’s when you can rest assured that the Boyz in the “Club” will “Back up the Truck” and buy like crazy.
Because even though Wall Street knows Nvidia is a great company, they would prefer to buy it at $110 instead of it’s high in October of $243.
As a result, they create a way to make it happen. And even alert you about it through channels like Government officials (Cough! Trump, Cough! Cough!)
Like it or not that’s how Wall Street works.
And only the privileged few get to sell high and buy low
So, don’t be too anxious to jump on the Nvidia bandwagon, especially if Jim Cramer says Buy, Buy, Buy!
Instead, be sure to read our upcoming November newsletter (HERE) to learn how to buy like the Boyz in the “Club.”
And read our FREE REPORT “You Would Go to Jail for This” (HERE).
Share this with a friend…especially if they own Nvidia stock. They’ll thank YOU later.
And tell them:
We’re Not Just About Finance
But we use finance to give you hope.
“And you shall know the truth, and the truth shall make you free.”
~John 8:32~
