[HN Gopher] Capital Trades: Tracking Stock Market Transactions o...
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Capital Trades: Tracking Stock Market Transactions of Politicians
Author : gscott
Score : 53 points
Date : 2025-04-06 19:06 UTC (3 hours ago)
(HTM) web link (www.capitoltrades.com)
(TXT) w3m dump (www.capitoltrades.com)
| NoWordsKotoba wrote:
| I may have missed it, but how "real-time" are these trades? For
| those trades that appear to be in the last few days, how is it
| being tracked?
| rtkwe wrote:
| The STOCKS Act requires trade disclosures within 30 days but
| the penalty is only $200 so in theory it lags at most 30 days
| and maybe less depending on the whims of the Rep/Senator in
| question. More info at the link below, there are predictably
| some problems with compliance and the lag means the price
| change they were potentially reacting to might have already
| happened but there are examples where it hadn't. eg: We learned
| about some Members dumping stocks after the confidential
| briefing before COVID really hit the US.
|
| https://campaignlegal.org/update/congressional-stock-trading...
| pclmulqdq wrote:
| In other words, likely about 30 days delayed unless it
| benefits them to tell you earlier.
| nipponese wrote:
| Right, within 30 days and no later than 45 days.
| taylorhughes wrote:
| Looks like the post title got the wrong "capital", the name is
| Capitol (ie, the Capitol Building, where congresspeople work)
| neilv wrote:
| Capitol capital is _capital_!
| blobbers wrote:
| NANC and KRUZ are ETFs that track your favorite politicians stock
| transactions and replicate in ETF form.
|
| This has been a long standing form of "investing".
|
| See Pelosi's husband for his track record of "success".
| sanswork wrote:
| He's a SV/SF investor who basically just invests in tech. His
| returns are about the same as QQQ which makes sense. If he's
| getting valuable inside information from Nancy to help his
| trading he's not using it well.
| nipponese wrote:
| Additionally, he buys tons of options, I think that says a
| lot.
| Aurornis wrote:
| I'm still amazed that people take the Pelosi bait when many
| other politicians have been far ahead of her on the charts.
| Most of them are Republicans, though, and haven't had the same
| amount of headlines and Twitter/Reddit traffic.
|
| The services pushing politician trade tracking and ETFs really
| leaned into Pelosi to capitalize on it.
|
| As the other comment already said, her (more specifically, her
| husband's) returns haven't actually been noteworthy or suspect,
| it's just the implication that gets people worked up.
| pessimizer wrote:
| > I'm still amazed that people take the Pelosi bait when many
| other politicians have been far ahead of her on the charts.
|
| This comment doesn't help. You haven't mentioned another
| politician, either Republican or Democrat, when you had all
| the room and time in the world to do so.
|
| This line also depends on the fiction that people think that
| Pelosi is _uniquely_ trading on the information that she
| learns at her job, rather than just openly and proudly
| trading on the information that she learns at her job. Other
| people being corrupt doesn 't make the corruption disappear.
| It isn't like Democrats are positive numbers and Republicans
| are negative numbers that cancel each other out. We're not
| looking for _equity_ in corruption.
| infecto wrote:
| The data is not new as a number of other systems cover this but I
| am happy for it to get more press.
|
| There are a couple things on my top dislikes of US politics and
| not having more restrictions on politicians is up near the top.
|
| I have to follow much more stringent disclosures and controls as
| part of a large private entity that does investment. It's absurd
| that folks making policy, who have a potentially closer ear to
| the ground are not more restricted.
|
| The 30 days self reporting disclosure period is a joke too. It's
| after the fact, has no real penalty for being late and AFAIK they
| don't maintain any real restriction lists so it has no impact.
| ttyprintk wrote:
| I haven't seen Autopilot posted on HN:
|
| joinautopilot.com
| Aurornis wrote:
| This looks like any other blog spam website pushing newsletters
| and clickbait. Why is it being upvoted here? Are people upvoting
| out of anger at politicians trading stocks without looking at the
| website first?
| ourmandave wrote:
| I don't want to track them, I want to mirror them.
| ttyprintk wrote:
| Oh the product offerings are way ahead of that. Until recently,
| you could invest in Inverse Jim Cramer. Plenty of passive and
| active funds for Nancy Pelosi.
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