This Stock is Drawing Congressional Members ‘Like Blood Attracts Sharks’
In recent months, members of Congress have increasingly shown a notable inclination toward technology giant Alphabet (NASDAQ: GOOGL), as evidenced by a series of stock purchases.
To illustrate this trend, charting platform TrendSpider likened the wave of transactions to how “blood attracts sharks,” highlighting a buying behavior pattern dominated by Reps. Marjorie Taylor Greene and Ro Khanna.
Specifically, several transactions took place in April and May 2025.
Greene made two separate Congress trades on May 5 and May 14, each valued between $1,001 and $15,000.
Receive Signals on US Congress Members’ Stock Trades
Stocks Stay up-to-date on the trading activity of US Congress members. The signal triggers based on updates from the House disclosure reports, notifying you of their latest stock transactions.[if BLOCK]>From a technical perspective, this congressional trading activity coincided with a bullish “cup-and-handle” formation on the daily candlestick chart, a continuation pattern associated with upcoming breakouts.
The accumulation phase began after GOOG bottomed in early April and proceeded to form a rounded base. During this basing phase, several congressional buys occurred at or near key technical inflection points.
Most recently, Alphabet’s stock broke above the $160 resistance level, supported by strong trading volume. The volume profile also validated the breakout, which shows firm support at that level. The equity ended the last session valued at $169.
However, these transactions are likely to spark concern about potential misuse of insider information, particularly when lawmakers appear to front-run or benefit from non-public developments.
Importantly, Alphabet’s recent momentum has also been driven by excitement surrounding its artificial intelligence (AI) strategy. Following its 2025 Google I/O conference, the company unveiled a major advancement: introducing “AI mode” in Google Search.
This development marks a notable milestone in Alphabet’s broader shift toward AI-powered services and appears to be a key catalyst behind the stock’s recent rally.
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