Tiktokers Trading Stocks Copying What Congress
In what seems to be a bizarre turn of events, it has been reported that some TikTok users are now trading stocks based on moves made by Congress. It appears that some people are copying what Congress is doing in order to make money on the stock market.
While it is unclear how widespread this phenomenon is, it is certainly raising a lot of eyebrows. After all, why would people be copying the actions of Congress, a body that is often criticized for its incompetence and lack of direction?
It is possible that some people are simply trying to gamble on the stock market, and are using Congress as a proxy. After all, it is a relatively easy target to follow, given the amount of news coverage it receives.
However, it is also possible that some people are actually trying to profit from the actions of Congress. This could mean that they are buying stocks when Congress makes a positive move, and selling them when Congress makes a negative move.
Either way, it is a bit concerning that people are apparently copying the actions of Congress. This body is often criticized for its poor track record, and it is not clear why anyone would want to mimic its actions.
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What are the stocks most owned by Congress?
Every four years, the United States Congress releases a report of its financial investments. The report, which is required by the Ethics in Government Act of 1978, discloses the stocks and other assets held by each member of Congress.
The latest report, released in May 2016, shows that the members of Congress are heavily invested in stocks. The top 10 stocks held by Congress are all publicly traded companies.
The most popular stock among members of Congress is Apple Inc. (AAPL), which is held by 116 members of Congress. Other popular stocks include Microsoft Corp. (MSFT), Amazon.com, Inc. (AMZN), and Facebook, Inc. (FB).
Congressional investments are not limited to stocks. Members of Congress also hold investments in bonds, real estate, and other assets.
The release of the financial disclosure report allows the public to see which stocks are most popular among members of Congress. It also gives taxpayers a better understanding of the investments of their elected officials.
What is the ban congressional Stock Trading Act?
The Ban Congressional Stock Trading Act (BCSTA) is a bill that was proposed in the United States Congress on January 22, 2019. The bill would prohibit members of Congress from engaging in stock trading.
BCSTA is a response to a series of reports that showed members of Congress were using their positions to make money on stock trades. In one example, Representative Chris Collins (R-NY) was charged with insider trading for allegedly tipping his son off to a stock that he knew was going to tank.
The bill has been endorsed by a number of public interest groups, including Public Citizen, the Sunlight Foundation, and the Center for Responsive Politics.
Supporters of the bill argue that it is necessary to prevent corruption and ensure that members of Congress are working in the best interests of their constituents, not themselves.
Opponents of the bill argue that it is unnecessary and could hurt the stock market. They also argue that it could lead to members of Congress being less willing to take risks, which could hurt the economy.
The bill is currently in committee.
What is TikTok in stock market?
What is TikTok in stock market?
TikTok is a Chinese company that is best known for its social media app of the same name. The app is a video-sharing platform that is most popular among teenagers and young adults. In 2017, the app was the most downloaded in the world, and it has remained popular since then.
In March of 2019, the app was acquired by Bytedance, a Chinese technology company, for $1 billion. This made TikTok the most expensive app ever purchased.
Since the acquisition, there has been some speculation about how the app will be monetized. There are concerns that the app will be used to collect data on users in order to target them with ads. There is also speculation that the app will be used to promote content from other Bytedance apps, such as Douyin, which is also a video-sharing app.
So far, there has been no confirmation of how the app will be monetized. However, there is speculation that the app will be a valuable asset for Bytedance as it continues to grow its user base.
What does the stock Act do?
The stock Act is a federal law that governs the sale and purchase of stocks and securities. The act was passed in 1933 in the wake of the stock market crash of 1929. The stock act regulates the activities of stockbrokers and investment advisors and establishes rules for the disclosure of information about publicly traded companies. The act also establishes rules for the registration of securities and the registration of stock exchanges.
What are the 3 major stocks in the US?
The three major stocks in the United States are Apple, Microsoft, and Amazon. These companies are leaders in their respective industries, and they have all performed well in the stock market in recent years.
Apple is a technology company that makes consumer electronics, computer software, and online services. The company has a market capitalization of over $1 trillion, making it the most valuable publicly traded company in the world. Apple’s stock has outperformed the S&P 500 over the past 5 years, and the company is expected to continue growing its profits in the years ahead.
Microsoft is a technology company that makes computer software, consumer electronics, and online services. The company has a market capitalization of over $800 billion, making it the second most valuable publicly traded company in the world. Microsoft’s stock has outperformed the S&P 500 over the past 5 years, and the company is expected to continue growing its profits in the years ahead.
Amazon is an ecommerce company that sells products online. The company has a market capitalization of over $700 billion, making it the third most valuable publicly traded company in the world. Amazon’s stock has outperformed the S&P 500 over the past 5 years, and the company is expected to continue growing its profits in the years ahead.
Who is the richest stock holder?
There are many billionaires in the world, and each has a different portfolio of stocks and shares. But who is the richest stockholder?
There is no definitive answer to this question, as it depends on the stock portfolio and investment strategies of each individual. However, there are some contenders who are likely to be at the top of the list.
One of the richest stockholders is Bill Gates, the founder of Microsoft. He is believed to have a net worth of more than $90 billion, and a large proportion of this is from his investments in technology companies.
Other billionaires who are believed to be major stockholders include Warren Buffett, the CEO of Berkshire Hathaway, and Jeff Bezos, the founder of Amazon. Both of these men are worth more than $60 billion, and they have made their fortunes through investing in a range of different companies.
So who is the richest stockholder? It is impossible to say for sure, but Gates, Buffett and Bezos are all likely to be near the top of the list.
Can you legally manipulate the stock market?
The short answer to this question is yes, you can legally manipulate the stock market, but there are certain restrictions in place to prevent abuse.
In general, stock market manipulation is the act of buying or selling stocks or other securities with the intent to artificially affect the price. This can be done by spreading false information, or by buying or selling stocks in order to create a false impression of demand.
There are a number of laws and regulations in place to prevent stock market manipulation, including the Securities and Exchange Commission (SEC) and the Commodities Futures Trading Commission (CFTC). These agencies are responsible for enforcing laws and regulations that prohibit market manipulation, and they have a number of tools at their disposal to do so.
For example, the SEC can pursue civil penalties against individuals or companies that engage in market manipulation, and the CFTC can pursue criminal penalties. In addition, the SEC and CFTC can freeze the assets of individuals or companies that are suspected of market manipulation.
While it is generally illegal to manipulate the stock market, there are a number of exceptions. For example, it is legal to manipulate the stock market for the purpose of hedging or arbitrage.
In general, stock market manipulation is a crime, and individuals or companies can be fined or even imprisoned for engaging in this activity. However, there are a number of exceptions, and it is legal to manipulate the stock market in some cases.
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