Core Insights - Republican Representative Tim Moore has made significant leveraged bets against U.S. small-cap stocks, indicating a bearish outlook on the small-cap market [1][2][3] Investment Activity - Moore invested up to $215,000 in the Direxion Daily Small Cap Bear 3X Shares ETF, which aims to deliver three times the inverse performance of the Russell 2000 Index, suggesting a strategy to profit from a decline in small-cap stocks [2] - His recent trading activity includes 167 trades with a total volume of $6.926 million, highlighting a pattern of active trading [5] - Notable transactions include purchases of various ETFs and sales of major stocks like Centene Corp. and UnitedHealth Group [5] Performance Metrics - Despite bearish bets, Moore's overall investment portfolio has yielded an average gain of 31.50% over the past year, outperforming the S&P 500 market average [4] - Top-performing trades include significant gains in companies such as UnitedHealth Group Inc., DoorDash Inc., and Centene Corp. [4]
Republican Representative Tim Moore Loads Up On Leveraged Small-Cap Bets Against US Economy: Here Are His Latest Trades - Direxion Small Cap Bear 3X Shares (ARCA:TZA)