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Congress Unprecedented Stock Trading

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posted on May, 9 2022 @ 05:11 PM
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You know what they say, "follow the money"! While many Americans struggle with rampant inflation and higher energy costs, especially those who are part of the lower economic strata (those living in poverty, living paycheck to paycheck and those in the so-called middle class"), CONgress is killing it in the equity markets:

I'm sharing this report that Unusual Whales put together on US Congressional stock trading, which companies lobbied members of Congress, which Congressional members traded the most/earned the most from stocks etc.

Many names won't surprise you. The charts/illustrations are incredibly telling also.



This report will show:

The breakdown of trading by House Members
The breakdown of sectors by Party lines
The richest members
Whales linked to those transactions via the data tab


Some takeaways:



House Members traded a lot

Most house members followed trends far earlier (ie: pharma/covid plays before retail, tech before/during shutdowns)

House members are outperforming market averages

Most Congress trading happening in June (covid vaccines), February (before covid released on selling), and March (QE announced), and August (tech rallies + more vaccine news)

For the first time in congressional data, 2020-2021 saw numerous house members use options to leverage information and positions before the public. This is unprecedented.

The whale catches the stock and options moves by senators/representatives, but this is only known after the fact due to reporting requirements and delay from the elected official.


unusualwhales.com...

PS I tried taking screenshots of the charts/tables but ATS has not been letting me upload photos.



posted on May, 9 2022 @ 05:16 PM
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a reply to: FamCore

"Brought to you by Phfizer"



posted on May, 9 2022 @ 05:45 PM
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originally posted by: JinMI
a reply to: FamCore

"Brought to you by Phfizer"


Maybe more accurately, "Bought from you by Phfizer."



posted on May, 10 2022 @ 09:55 AM
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How the actual # do we still slow these ppl to own stocks??? How?? HOW?!?



posted on May, 10 2022 @ 10:01 AM
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a reply to: FamCore

Many give insider tips to their spouses. The spouse makes the millions of $$$, which benefits the entire family.



posted on May, 10 2022 @ 10:44 AM
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a reply to: FamCore


This is why there are people who only trade what Pelosi does or they try to inverse her. They shouldn't even be allowed to trade on the market since they have insider knowledge. Its pretty unfair and looks downright awful.



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