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New ETFs filed that mimic US Congress members and their spouses' reported trading

Posted on 9/16/22 at 12:02 am
Posted by Street Hawk
Member since Nov 2014
3644 posts
Posted on 9/16/22 at 12:02 am
quote:

The ETFs follow trading of Democratic and Republican members, and their spouses.

Unusual Whales Subversive Democratic Trading ETF - $NANC

Unusual Whales Subversive Republican Trading ETF - $KRUZ

Both at 1.00% | Eff Nov 29







LINK

Sweet ticker symbols.
Posted by Zzyzx
Member since Nov 2018
2662 posts
Posted on 9/16/22 at 2:58 am to
Lol unfortunately you’d still be months behind them.

Nancy Pelosi has made tens of millions of dollars because she gets to buy and sell lots of stock and then be a big decision maker in congress before the public knows. She already has her money in and out before Americans know what’s even on the horizon. They don’t have to file for like months after.

“Hey the Pelosi’s spent $5million on this stock three months ago” doesn’t really help the average American not privy to insider information make money.

The ETF, which would amazing as a real time Pelosi tracker, will just leave you as nothing more than a Pelosi bag holder
Posted by Bestbank Tiger
Premium Member
Member since Jan 2005
80874 posts
Posted on 9/16/22 at 6:42 am to
quote:

Lol unfortunately you’d still be months behind them.

Nancy Pelosi has made tens of millions of dollars because she gets to buy and sell lots of stock and then be a big decision maker in congress before the public knows. She already has her money in and out before Americans know what’s even on the horizon. They don’t have to file for like months after.


Sad but true.

But even if we could track those crooks real time it wouldn't work. They would just use it to run pump and dump scams. Buy a random stonk, everyone sees it and buys, sell at the higher price.
Posted by LSUtoOmaha
Nashville
Member since Apr 2004
26745 posts
Posted on 9/16/22 at 7:15 am to
In aggregate members of congress don't even beat the market.
Posted by OysterPoBoy
City of St. George
Member since Jul 2013
44880 posts
Posted on 9/16/22 at 7:48 am to
By the time Pelosi reports what she’s doing she’s already made her money from it.
Posted by Upperdecker
St. George, LA
Member since Nov 2014
33510 posts
Posted on 9/16/22 at 9:22 am to
Fantastic ticker symbols but these are memes
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