Whether or not members of Congress have insider knowledge of a business is irrelevant: they certainly have insider knowledge of the government, legislation, and foreign affairs that will impact the stock market and the stocks they own. That's why members of Congress so often outperform the broad market and why more investors than ever are following their trades. MarketBeat.com has tools to help investors track Congress's most recent and hottest trades, but other tools are available. Investors who want to use an ETF for broad exposure with less hassle may choose one of these aptly ticketed issues.
Democrats Lead the Charge in Technology-Focused Investments
The Subversive Unusual Whales Democratic ETF (BATS: NANC) uses data aggregated by Unusual Whales to produce a portfolio based on the trading of Democratic members of Congress. The ticker symbol NANC is an homage to Nancy Pelosi, among the richest members of Congress with a net worth near $0.250 billion and a prolific trader. She and her fellow Democrats tend to invest heavily in technology stocks, with nine of the top ten portfolio holdings in that sector. The number one is NVIDIA, at more than 10%, followed by Microsoft, ...
