A small talk on whether should congress members trade stocks
Welcome back Mooers.
In today small talk, we will be discussing about whether should congress members trade stocks and how to celebrate this year valentine day.
According to this article, it was reported that the US Congress and top Capitol Hill staff have violated the STOCK Act hundreds of times, but the consequences are minimal, inconsistent, and not recorded publicly.
In the article, it highlighted 3 main issues, as below, which eventually requires the need for more reforms that may lead to banning members of Congress from trading stock.
Penalty payments rest on an ‘honor system’
Little transparency
Not a top priority for ethics officials
Penalty payments rest on an ‘honor system’
Little transparency
Not a top priority for ethics officials
However, to investors who are following their favourite Congress member to perform a stock trade, they would probably not like the idea of banning members of Congress from trading. Instead, they might prefer to have the STOCK act reduce the days for member of Congress to report their trading activities, so that they can get timely information about the trades and to follow them as soon as possible, in order to huat big big.
So, this lead to the question, would you let your favourite Congress member manage your money, since they know something, that might influence the stock market, earlier than the rest of the public.
Next, we discuss how to celebrate this year valentine day (14 Feb 2022).
The true origin of valentine day is to honor the Christian marty, named Saint Valentine, because Saint Valentine was secretly helping Christian couples to get married. As time goes, the day became more associated with romantic love that couples expressed to each other via gifting.
New generation couples can try out new ways to celebrate valentine day without spending any money, and one such activity is arco yoga, which helps to increase the bonding and trust between you and your sweetheart. As shown in the video, the couple need to have that strong bond and trust, in order to perform such romantic act.
From YouTube
So, why not try it today, but before you try it, remember to practice and train well, just like Mooers, who practice in paper trading and train in $Futu Holdings Ltd (FUTU.US)$ Moo Moo courses before doing the real trading.
Lastly, a quick recap of the top active stocks and stocks options for yesterday (10 Feb 2022).
Top 8 active stocks (10 Feb 2022)
$Uber Technologies (UBER.US)$
$Advanced Micro Devices (AMD.US)$
$AMC Entertainment (AMC.US)$
$Apple (AAPL.US)$
$Affirm Holdings (AFRM.US)$
$Ford Motor (F.US)$
$Lumen Technologies (LUMN.US)$
$Snap Inc (SNAP.US)$
$Uber Technologies (UBER.US)$
$Advanced Micro Devices (AMD.US)$
$AMC Entertainment (AMC.US)$
$Apple (AAPL.US)$
$Affirm Holdings (AFRM.US)$
$Ford Motor (F.US)$
$Lumen Technologies (LUMN.US)$
$Snap Inc (SNAP.US)$
Top 8 active stocks options (10 Feb 2022)
$Apple (AAPL.US)$
$Tesla (TSLA.US)$
$Affirm Holdings (AFRM.US)$
$AMC Entertainment (AMC.US)$
$Meta Platforms (FB.US)$
$Uber Technologies (UBER.US)$
$NVIDIA (NVDA.US)$
$Advanced Micro Devices (AMD.US)$
$Apple (AAPL.US)$
$Tesla (TSLA.US)$
$Affirm Holdings (AFRM.US)$
$AMC Entertainment (AMC.US)$
$Meta Platforms (FB.US)$
$Uber Technologies (UBER.US)$
$NVIDIA (NVDA.US)$
$Advanced Micro Devices (AMD.US)$
That’s all for today small talk, and thank you for your support and likes.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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Mars Mooo OP :
jiffy Pop : what a novel idea !
Revelation 6 : They already do and look at the mess they make of it. They’re spending money I haven’t even made yet!
冷月长戟 : The United States is not a socialist country, private property or private management as well.
Mars Mooo OP jiffy Pop :
Mars Mooo OP Revelation 6 :
Mars Mooo OP 冷月长戟 :
DJBiggz : absolutely not. Politicians should not be financially invested in anything they can potentially manipulate. Keep Wall Street out of the White House please.
Mars Mooo OP DJBiggz :
ur wifes boyfriend : only nacy!