Weekly Insider Money Tracking: the Latest on Congress Member Trades

Mooers Radar wrote a column · Oct 15, 2022 00:38

U.S. stocks saw early gains fizzle Friday, with the market turning south after attempting to build on a bounce in the previous session that marked what's been called one of the craziest market days in history.

Below is a look at the top insider trades with the biggest value in the past week.

Weekly Insider Money Tracking: the Latest on Congress Member Trades

When a company's executives, board of directors, and/or major shareholders buy or sell company stock based on non-public company information, this is referred to as insider trading. Being aware of insider trades can help you figure out what insiders (i.e., smart money) believe will take place in the future.

Weekly Congress and House tracking

In terms of portfolio changes among members of Congress, Zoe Lofgren was the only one who has filed congressional disclosures for the week.

Source: UnusualWhales

Despite their influence and extensive access to information, members of Congress can buy and sell stocks with few restrictions. Individual investors could potentially make use of thisalternative data of the latest Senate stock disclosuresto obtainmarket insights.

Source: Benzinga, UnusualWhales

Disclaimer: Past performance can't guarantee future results. Investing involves risk and the potential to lose principal. This article is for information and illustrative purposes only.