This week in power × markets

the briefing · 2026-09-28

Defense and federal-contract tickers are where congressional trading and policy signals are colliding this week — $LMT, $BA, $GD and $T all show members trading names that simultaneously threw off federal contract or executive-action signals.

• The tightest convergence is in defense: $LMT drew trades from 5 members alongside both an Executive Action and a Federal Contract signal, while $BA (9 members) and $GD (6 members, plus insider trades) pair heavy congressional activity with federal contract flow; $T also saw 9 members trading against a Federal Contract signal.
• Crypto and IT services round out the overlap list: $COIN was traded by 4 members while drawing signals from both the CFTC and the SEC, and IT-services names $CTSH (4 members) and $EPAM (2 members) each traded alongside Executive Action signals.
• Big Tech remains the consensus book, with committee-sector overlap attached: $MSFT (25 members, 58 buys/41 sells) shows 12 instances of members trading a sector their committee oversees, $AAPL (27 members, 34b/28s) shows 10, and $GOOGL (16 members, lopsided 12b/23s) shows 9. Nancy Pelosi disclosed a $AAPL sale of $5M–$25M; Chip Roy disclosed an $AESI buy in the same $5M–$25M band.
• On the insider tape dated 2026-09-25: Henry Samueli logged 26 open-market sales of $AVGO totaling roughly $499.1M, Berkshire Hathaway posted 27 open-market purchases of $LEN at about $409.1M, and CrowdStrike CFO Burt Podbere was among 16 $CRWD sales worth roughly $251.0M — with CTO-level selling also at $FSLY (~$22.5M, Artur Bergman) and $DDOG (~$19.7M, Alexis Le-Quoc).

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