This week in power × markets

the briefing · 2026-09-28

Defense and federal-contract names dominate this week's overlap between congressional trading and Washington's own paperwork: $LMT, $BA, $GD, $T and $DELL all drew multiple member trades while simultaneously generating federal contract or executive-action signals.

• Contractor convergence leads: $BA and $T each saw nine members trading against federal contract signals, $LMT six members against both an executive action and a contract award, and $GD six members against contract plus insider-trade activity — with $DELL adding four more members on the same two signal types.
• Big Tech remains the consensus trade, with committee-sector overlap attached: $AAPL drew 28 members (34 buys/29 sells, 10 instances of members trading a sector their committee oversees), $MSFT 25 members (58b/41s, 12 overlaps), and $GOOGL 16 members skewing to sales (12b/23s, 9 overlaps). $NVDA logged 20 members and a near-even 31b/33s.
• Two filings stand out at the top of the range: Nancy Pelosi disclosed a $5M–$25M sale of $AAPL, and Chip Roy disclosed a $5M–$25M purchase of $AESI.
• Elsewhere on the insider tape for Sept. 25: Henry Samueli sold roughly $499.1M of $AVGO across 26 transactions, Berkshire Hathaway bought about $409.1M of $LEN across 27, and CrowdStrike CFO Burt Podbere sold some $251.0M of $CRWD. Four members also traded $COIN, which carried both CFTC and SEC signals.

Get this every Monday — free →