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“The Unusual Whales Democratic ETF, which trades under the symbol ‘NANC’ in a nod to former House Speaker Nancy Pelosi, has surged 30% since its launch on February 7, 2023.
“That compares to a gain of 24% for the S&P 500 over the same time period.”
Investopedia explains what an “ETF” is.
The outlet reports:
An exchange-traded fund (ETF) is a basket of securities that trades on an exchange just like a stock does.
ETF share prices fluctuate all day as the ETF is bought and sold; this is different from mutual funds, which only trade once a day after the market closes.
Business Insider reports that the particular ETF referred to above – the one that trades under NANC – “tracks the trades of Democrats in Congress and their spouses.”
Patrick says
One could build a stock growth fund that watches and buys whatever stocks these folks buy.
Pelosi’s Husband Dumps $500k in Visa Stock Right before DOJ Announces Massive Lawsuit
Rep. Nancy Pelosi (D-CA) and her husband Paul have apparently channeled their unprecedented “good luck” and somehow managed to accurately “predict” that Visa’s share prices would plummet.
Over the years, Pelosi and her husband have made millions off of the stock market.
Paul Pelosi is so successful as a market trader that his apparent crystal ball-like ability to predict the markets far outpaces even Wall Street’s finest. ...
The Pelosis have an estimated net worth of more than $230 million.
As Speaker of the House, Nancy Pelosi earned $223,500 annually and now earns $174,000 a year as a member of Congress.
Pelosi’s Husband Dumps $500k in Visa Stock Right before DOJ Announces Massive Lawsuit
Patrick says
Pelosi’s Husband Dumps $500k in Visa Stock Right before DOJ Announces Massive Lawsuit
Insider trading by members of Congress is SPECIFICLLY PERMITTED. The only one that could be prosecuted is the DOJ person that leaked the upcoming lawsuit.
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https://t.me/epochtimes/58068