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How Do Politician Trading Apps Work?
In recent years, a massive wave of "Politician Trade Copying" apps has emerged. Platforms such as Autopilot and dub claim that you can copy a politician's trades one-to-one, with massive returns of up to 123% within 3 years for certain portfolios. ETFs with the same agenda have gained a lot of traction as well, with Subversive ETFs releasing the Unusual Whales Subversive Democratic Trading ETF (NANC), and The Unusual Whales Subversive Republican Trading ETF (GOP) to major su
Aidan Bologna
Aug 54 min read
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SpaceX IPO: What does it mean?
Image VIA Bloomberg Television Yesterday, SpaceX (SPCX) debuted on the NASDAQ with the largest IPO in history. Announced on Friday, each share was to be priced at $135, with the offering of 555.6 million shares, which meant they were seeking to raise a little over $ 75 billion. Previous analysts placed SpaceX's total value at around $1.77 Trillion, a ridiculously large number that would have made them the 7th largest company by market cap, right between Broadcom (AVGO) and S
Aidan Bologna
Jun 132 min read
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