this post was submitted on 03 May 2024
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chapotraphouse

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[–] Adkml@hexbear.net 33 points 6 months ago (1 children)

A lot of people make a shit load of money from just making whatever trades she makes.

She is like 1 in a million lucky when it comes to making trades just before American policy massively influences the value of stocks.

I'm sorry, that was totally biased and incorrect of me, her CONPLETELY UNRELATED husband is lucky with the trades he makes that have nothing to do with her.

[–] Des@hexbear.net 20 points 6 months ago (1 children)

theres a long delay on when her trades are reported vs when they happen so it's too late by the time the reporting is done

otherwise i would have been all up in that shit during my brief flirtation with stonks-up

[–] qaopjlll@hexbear.net 11 points 6 months ago (1 children)

This isn't true, since the end of January I've been copying trades by Congress that get called out by QuiverQuant on twitter and more often than not they provide a sizeable return almost immediately. A few of them tanked and lost money (some of which immediately rebounded after I sold them), but even after accounting for those losses my strategy is still outperforming the market.

There's also an ETF called NANC which is based on Congressional trades made by Democrats, and it has been consistently outperforming the S&P Index over the past year. (KRUZ, the Republican equivalent fund, is underperforming the market.)

[–] MaoTheLawn@hexbear.net 2 points 6 months ago

that's incredible