'Members of Congress Beat the Snot Out of Markets in 2021' trading politics
Rep. Mark Green spent a lot of money trading in oil and gas stocksSenator Tommy Tuberville’s infrastructure stock purchases show up here, out-purchasing everyone elseSenateLet’s look at the top 10 tickers per sector that were bought and sold by Congress in 2021. The total amounts spent by Congress on each company’s stock in 2021 are represented by the size of the rectangle. We see that tech and industrials reign supreme.
For any stock sales in 2021 that did not have a corresponding purchase earlier in 2021, the most recent purchase date in 2020 was used to calculate the percent change. Here’s a summary table on average amounts by party and branch, as well as the number of trades included , the standard deviation , the variance in percent change , and maximum and minimum returns observed:
In November, Lockheed Martin won a $10.9B contract to modernize the Air Force's F-22s. House Republican Kevin Hern, who sits on the House Committee on the Budget, bought Lockheed Martin stocks back in August. He bought another round, this time up to $100k, in $LMT just 2 weeks before this news.
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