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by airstrike
1201 days ago
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The last time I looked into this, the information on trades by members of the congress is delayed. Something like we know in which quarter they traded but not on which exact day, so the ETF doesn't really track their returns |
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https://unusualwhales.com/politics
they track "usual whale" trades, large or weird trades, often by well known figures. Congress is an obvious and easy one to track.
However, they're not required to disclose the trades in real-time, so following it closely may not really help and may hurt in the long run, as quick blips pops or runs fizzle out or revert as the market starts to react.
IIRC there is a 3-day or more lag. And that's optional, I think there is a 30 day requirement?