Follow the money. See where it is rotating.
Every night we rebuild the map from the public record: what insiders, politicians, federal agencies and the news did, and which corners of the market the money moved into. Then we show our working.
Data as of 4 Sept · rebuilt nightly · news every 15 minutes
Where money is rotating
Money is moving into junior gold miners, gold miners, silver miners and out of semiconductors, airlines, cybersecurity. Both semiconductor funds sit in the bottom 3 of 49.
Gaining
- Junior gold miners GDXJ111.0
- Gold miners GDX110.8
- Silver miners SIL110.2
- Uranium URA106.9
- Copper miners COPX106.0
Losing
- Semiconductors (iShares) SOXX94.9
- Airlines JETS96.0
- Semiconductors (VanEck) SMH96.2
- Cybersecurity HACK97.4
- Recent IPOs IPO97.5
Our own relative-strength readings across 49 sector and industry groups. Momentum above 100 means the group is gaining on the index, below means losing. No prices are shown on this page.
The 7,685 companies underneath these moves, ranked, with historyFree account
Is there an AI bubble? Here is the tape.
Since January 2024 the data-center build-out has done ×3.9 on an equal-weight basis and sits 18% below its 15 Jun peak. Nuclear has done ×2.1, 16% off its high. The AI theme itself, 388 companies wide, is ×1.5 and 6% off. Whether that is a bubble deflating or a pause is not something this page decides. It is something you can watch here every week.
| Theme | Companies | Since Jan 2024 | 52 weeks | 4 weeks | From peak | Path |
|---|---|---|---|---|---|---|
| Data-Center Infrastructure | 129 | ×3.9 | +90.8% | -3.2% | -17.9% | |
| Space Economy | 43 | ×3.4 | +54.6% | -15.3% | -35.1% | |
| Rare-Earth Supply Chain | 67 | ×3.3 | +28.2% | +1.3% | -23.4% | |
| Defense-Tech | 147 | ×2.3 | +12.9% | -10.0% | -19.1% | |
| Hydrogen Economy | 31 | ×2.2 | +67.0% | -2.9% | -17.0% | |
| Robotics | 35 | ×2.1 | -7.9% | -6.2% | -22.7% | |
| Nuclear | 61 | ×2.1 | +16.2% | +2.5% | -16.2% | |
| AI | 388 | ×1.5 | +15.8% | -1.7% | -6.1% | |
| GLP-1 | 21 | ×1.2 | +27.9% | -2.7% | -8.3% | |
| Crypto | 93 | ×0.8 | -38.3% | +22.3% | -49.8% |
equal-weight weekly index of today's theme members, rebased to 100 at the first week of 2024; our own computation from split-adjusted closes; not a price. Computed 6 Sept. Today's members measured backward: a company that joined a theme later is counted for the whole period, which flatters the early years. We say so rather than hide it.
Which companies carry each theme, in which role, and what moved inside the theme this weekFree account
One company, every source: Bloom Energy Corporation
Indexed path since 2 Jan 2024, 100 = start, our computation. purchase · sale, political and insider. Now ×17.1 the January 2024 level and 23% below the 15 Jun peak.
- Where it sits on the map
- Industrials › Electrical Equipment & Grid · AI · power, Hydrogen Economy · fuel-cell
- Politicians
- Nancy Pelosi reported 4 purchase lots (2 in stock, 2 in call options): $500k–$1M on 28 Jul, $1M–$5M on 24 Jul; filed 21 Aug. Since that week: +36.8%. 19 congressional trades in this name on file.
- Insiders, last 120 days
- 17 open-market sales by officers and directors, 0 purchases. Latest, per Form 4: Jeffrey R Immelt (Director) sold 30,000 shares on 17 Aug; since that week +25.5%.
- Federal awards
- None in our federal awards set.
- News this week
- 2 articles after de-duplication; the most relevant: “Bloom Energy Just Won Another Catalyst (Rating Upgrade) (NYSE:BE)” (seekingalpha.com).
Insiders sold on the way up. The political buyer arrived after a ×12.5 move and is +36.8% since. Neither fact is advice. Both are on the record, on one page, with their dates.
A page like this for every one of 13,665 classified company, and for every person who filesFree account
Follow the people
Insiders SEC Form 4, filed in the last 5 days
- Cascade Investment, L.L.C. 10% ownerbought $241.5M of Republic Services, Inc. RSG · 15 lots28 Aug – 2 Sept · filed 3 Sept
- Mauad Bruno Sousa Directorbought $21.8M of Aura Minerals Inc. AUGO · 6 lots28 Aug – 1 Sept · filed 3 Sept
- Mark A Stevens Directorsold $410.8M of Nvidia Corp NVDA · 7 lots31 Aug – 2 Sept · filed 2 Sept
- Ronald N Tutor Director, Othersold $197.7M of Tutor Perini Corp TPC · 3 lots31 Aug · filed 2 Sept
- Keith A. Meister Directorsold $57.2M of Illumina, Inc. ILMN · 12 lots2 Sept – 4 Sept · filed 4 Sept
131 companies with insider buying, 536 with selling, latest filing 4 Sept.
Politicians House disclosures, last 45 days
- Nancy Pelosi CA11purchase, options ×2 BE · $500k–$5Mtraded 24 Jul – 28 Jul · filed 21 Aug
- Nancy Pelosi CA11purchase ×2 BE · $500k–$5Mtraded 24 Jul – 28 Jul · filed 21 Aug
- Nancy Pelosi CA11purchase Reof XXV, LLC · $500k–$1Mtraded 27 Jul · filed 21 Aug
- Nancy Pelosi CA11purchase INTC · $500k–$1Mtraded 24 Jul · filed 21 Aug
- Steve Cohen TN09purchase US Treas Bills Int Rate 0.000% MAT 2/18/2027 · $250k–$500ktraded 21 Aug · filed 1 Sept
385 trades in 52 reports these 45 days; 56,213 on file since 2014.
Federal awards started in the last 30 days
- Blue Origin, LLC$660.0M · NASAProvide design, development, integration, launch, and on orbit, continuous communications … · 1 Sept
- Hensel Phelps Construction Co.$374.9M · Public Buildings ServiceDesign-build services for the raul hector castro land port of entry IN douglas, AZ · 26 Aug
- Eastern Air Express LLC$215.5M · Immigration and Customs EnforcementGovernment furnished aircraft (GFA) operational support for aircraft and maintenance servi… · 12 Aug
- BAE Systems Maritime Solutions Norfolk Inc.$205.5M · NavyUSS iwo jima (LHD 7) FY26 SRA · 24 Aug
600 awards worth $7.3bn in 30 days. Defense, NASA, HHS, DHS and the rest of the federal buyers.
Every filer, every trade, every award, on one page per person and per company, with alertsFree account
News, relative to a portfolio
- NVDANvidia Says Memory Pricing Has Turned 'Extreme' and Is 'Headed Even Higher Into Next Year,' But Its Own Price Increases Are Already Executedyahoo.com · 14:00 UTC · tone -0.8
- MSFTChronoScale Says It Plans a 50 MW Microsoft AI Deployment. Can CHRN Fund the Build Without Diluting Shareholders?yahoo.com · 06:00 UTC · tone +1.3
- AAPLApple (NASDAQ: AAPL) Unveils iPhone 18 And First-Ever Foldable Under New CEO John Ternus At Sept. 9 Eventforeignpolicyjournal.com · 03:15 UTC · tone -0.8
- TSLAElon Musk Touts a 'Storm' of Tesla Cybercabs in Austin, Says They Offer Better 'Operational Efficiency' Than Waymoyahoo.com · 03:15 UTC · tone +0.2
- NVDAWhy Nvidia wants Hugging Face to keep helping its rivals: Chart of the Dayyahoo.com · 14:00 UTC · tone +3.1
- NVDANvidia's Hugging Face Deal Is a Hedge against Broadcom's Custom Silicon Threatinsidermonkey.com · 13:45 UTC · tone +1.0
55 articles matched to these five names in 7 days; duplicates, reprints and template sites removed before you see them. Tone is the article's language, not a forecast.
Your holdings and watchlists, quiet-position alerts, and the morning brief written from your bookFree account
The map: how we classify the market
13,665 companies placed in 12 sectors and 102 industries. 1,011 of them also carry a theme role: not “AI”, but where in AI. Digital Assets is a sector here, not a footnote under Financials.
7,685 of 9,330 active listings are classified; the rest are SPACs, preferreds, warrants and units, which have no business to classify. Membership is decided by rule and reviewed, with the evidence kept per company.
The companies behind each number, the promotion ladder, and the disputes we have not resolvedFree account
What stands behind it
- SEC EDGAR
- 9,581,879 filings from 11,225 companies since 1993; 11,001 this week. Insider trades (Form 4), 8-K events, quarterly fund holdings (13F), financial statements.
- Clerk of the U.S. House
- Stock disclosures under the STOCK Act, parsed to the trade with the date it happened and the date it was made public; 7 new reports this week. Senate to follow.
- USAspending and defense.gov
- Federal contract awards by agency and recipient. Who the government is paying, and for what.
- ClinicalTrials.gov and openFDA
- 601,695 trials, 933 changed this week; drug approvals and enforcement.
- Lobbying and elections
- 1,194,957 House lobbying filings (28,239 in 90 days) and 1,600,771 committee disbursements from the FEC.
- GDELT
- World news every 15 minutes, matched to companies by name and ticker, scored for relevance, de-duplicated, with template sites and reprint farms identified and set aside.
- Positioning
- CFTC Commitments of Traders, FINRA short volume and short interest, SEC fails-to-deliver, ASIC short positions.
- Debt, yields, inflation
- Treasury and BLS series are next; they are public domain and they are on the board. Not here yet, and we would rather say so.
Who it is for
- Starting out
- One page per company that says who is buying, who is selling, and where the money in its sector is going, in words before numbers.
- Trading
- Rotation daily, insiders the day after they file, news within fifteen minutes, all relative to your own book.
- Holding for years
- Themes as they form and the corners inside them: fuel before generators, power before applications, with history back to 1993.
- Following the debt
- The people, the awards and the positioning are here now. Yields, the deficit and inflation series follow.
What we are not
- Not advice
- We don't rate stocks. We show where the money went. Nothing here is a recommendation to buy or sell anything, and there are no scores.
- Not a broker
- You cannot trade here and we hold nobody's money.
- Not a data reseller
- We display; we never redistribute. No bulk download, no export, no public API. Market data is licensed for display only and no price appears on this page.
- Not a tracker of you
- First-party statistics only: network truncated, country only, kept 90 days, no advertising pixels, nothing sold.
- Not finished
- One person builds this. Free accounts are admitted in waves, and the receipts below say what has been checked.
Sign in with Google or an email address. New accounts are queued and admitted in waves; you get an email when yours opens.
The receipts
* 26 of 33 years are identical to the index. The other 7 hold 277 filings more than the index counted, never fewer: 276 arrived in EDGAR's company histories after our 17 Aug index snapshot (SEC comment letters, released months after their filing dates), and one is a 1996 10-Q whose header carried a filing date of 1980, sixteen years before EDGAR existed; we corrected it from its own accession sequence and kept the original. Per-year table.
| Year | EDGAR index | Ours | Surplus | Arrived after snapshot |
|---|---|---|---|---|
| 1996 | 29,407 | 29,408 | +1 | 0 |
| 2020 | 460,427 | 460,429 | +2 | 2 |
| 2021 | 526,514 | 526,520 | +6 | 6 |
| 2022 | 497,431 | 497,432 | +1 | 1 |
| 2023 | 533,752 | 533,757 | +5 | 5 |
| 2024 | 572,017 | 572,027 | +10 | 10 |
| 2025 | 561,569 | 561,821 | +252 | 252 |
26 identical years omitted from the table. Refreshed 6 Sept.
Our first research grid produced a result at p = 6×10⁻¹⁶. It was one corrupt price bar inflating a benchmark. We found it, killed it, and put the null on the front page of the study.