TikTokers Are Trading Stocks By Watching What Members Of Congress.. Young investors have a new strategy: watching financial disclosures of sitting members of Congress for stock tips.

Future Wealth Daily ^ | September 21, 2021 | Future Wealth Daily

[faithhopecharity]

not a new strategy
and it is a great indicator too

[SpaceBar]

This is actually quite clever assuming one has access to accurate and timely information.

[gov_bean_ counter]

Timeliness is the key.

[Aria]

As soon as I saw that Microsoft got that giant cloud contract and there was news that Pelosi had just bought a lot of MSFT I loaded up on options and made BIG profit!

[Political Junkie Too]

But despite all the skepticism about politicians and their ethical standards, the evidence doesn’t show that members of Congress make great stock pickers. While a 2004 paper found that senators generally outperformed the market, more recent academic studies in 2013 and over the last few years have suggested lawmakers are not good at picking stocks.

This isn't about "members of Congress" or "Senators," it's about Nancy Pelosi, the most powerful woman in the world.

Don't lump her in with diluted Congressional stock pickers -- Pelosi is dealing from an entirely different deck.

-PJ

[TBP]

Interesting strategy. Where does one find this information?

[billyboy15]

The Dow is up close to 30% yoy, the SPX up 38% and Nasdaq is up 38% as well.

Only a moron could manage to lose money in the past 12 months.

[gattaca]

https://housestockwatcher.com/

https://senatestockwatcher.com/

[seowulf]

I'm sure politicians have only the very best financial advisors.

[cgbg]

Politicians make their own luck.

As Gordon Gekko showed in “Wall Street”, if you don’t have inside information you have no business in the stock market.

[Chewbarkah]

The bad news is Nancy potentially benefits from stock investors attempting to tag along after her husband’s purchases.

[Pollard]

Insider Trading, which is illegal, is one of many reasons why our betters in fedgov are so rich. The other reasons are either illegal or should bring up ethics charges.

[Repeal The 17th]

Correct.
Warren Buffet loves it when people follow his picks...

[Wilhelm Tell]

It’s clever but then many of them are stupid enough to vote for communists who will take everything away.

[a real Sheila]

This is a fantastic idea.

[PAR35]

The problem is the delay. By the time the information on the trade becomes public, any advantage of insider trading has probably passed. Any bump following the disclosure is just caused by folks following this investment fad.

Now, if one could get the info in real or near real time, it would be a big advantage.

[seowulf]

Politicians make their own luck.

They do indeed. They make our luck too.

Unfortunately, their luck is good and ours is bad.

[Theoria]

I use Unusual Whales for options.

He has been covering this for some time. He has done a nice review of congress and stocks.

Worth a read.

I am the Senate.

Congress

[DoughtyOne]

Smart move, but I’m sure this has been done for as long as it
was possible.