TD Ameritrade Investor Movement Index: IMX Score Trends down in February | News

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OMAHA, Neb .– (BUSINESS WIRE) – March 7, 2022–

The Investor Movement Index® (IMX SM) fell to 6.79 in February, from 7.07 in January. The IMX is TD Ameritrade’s proprietary behavior-based index, which aggregates the positions and assets of Main Street investors to measure what investors were actually doing and how they positioned themselves in the markets.

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TD Ameritrade February 2022 Investor Movement Index (Graphic: TD Ameritrade)

The reading for the four-week period ending February 25, 2022 ranks “Moderate” relative to historical averages.

“As the month started with strong demand for equities, the rapid rise in geopolitical concerns, combined with rising inflation numbers and continued uncertainty about the cadence of the Fed rate hike that emerged at the end of the period. led many retail investors to sell stocks and move into safe-haven assets, ”according to JJ Kinahan, chief market strategist, TD Ameritrade. “Although this sale pushed the IMX score lower this month, our clients were net buyers in February, using the withdrawal as an opportunity to switch to more ‘traditional’ names and add positions they felt could have held up well. uncertainty “.

February started with relative strength for equities after the significant decline of all major indices in January. The long-awaited monthly employment report appeared to provide confirmation that the Federal Reserve could go full steam ahead with its interest rate hike cycle. But while the markets’ initial focus was primarily on the upcoming policy change from the Fed, the focus quickly shifted to escalating the situation between Russia and Ukraine. As investors realized that this confrontation would escalate far beyond the scope of the 2014 Crimean foray, markets quickly picked up the price, with pronounced movements in commodities across the board, as well as energy, metals and commodities. agricultural. The surge in inflation expectations, coupled with the potential decline in growth expectations, has led markets to discount the potential of a stagflationary environment. Following the Fed-induced withdrawal in January, further geopolitical concerns pushed the S&P 500 into correction territory (defined as a 10% drop from its recent peak) for the first time since February 2020.

Despite strong sales towards the end of the month, TD Ameritrade’s clients were net buyers of shares in February. Some of the popular stocks purchased during the period were:

  • NVIDIA Corporation (NVDA)
  • Microsoft Corporation (MSFT)
  • Apple Inc. (AAPL)
  • Advanced Micro Devices Inc. (AMD)
  • Pfizer Inc. (PFE)

As commodity prices rose during the month, selling pressure in various sectors also increased. Names sold during the period included:

  • Carnival Corporation (CCL)
  • Walmart Inc. (WMT)
  • Boeing Company (BA)
  • General Electric Company (GE)
  • Exxon Mobile Corporation (XOM)

About IMX

The IMX value is calculated based on a complex proprietary formula. Each month, TD Ameritrade extracts a sample from its client base of funded accounts, which includes all accounts that have completed a transaction in the past month. The holdings and positions of this statistically significant sample are evaluated to calculate individual scores and the median of these scores represents the monthly IMX.

For more information on the Investor Movement Index, including historical IMX data dating back to January 2010; To view the full February 2022 report or to subscribe to future IMX news alerts, visit www.tdameritrade.com/IMX. Additionally, TD Ameritrade customers can track IMX using the $ IMX symbol in thinkorswim ® or thinkorswim Mobile platforms.

The inclusion of specific stock names in this comment does not constitute a recommendation by TD Ameritrade to buy, sell or hold.All investments involve risks, including possible loss of principal. Please consider all risks and objectives before investing.

The past performance of a stock, strategy or index is no guarantee of future results or investment success.

Historical data should not be used alone when making investment decisions. Please consult other sources of information and consider your individual financial position and goals before making an independent investment decision.

IMX is not a tradable index.IMX should not be used as an indicator or predictor of clients’ future trading volume or financial performance for TD Ameritrade.

About TD Ameritrade

TD Ameritrade provides investment and training services to self-employed investors and registered investment advisors. A leader in retail in the United States, we leverage the latest cutting-edge technologies and individual customer support to help our customers stay on top of market trends. Learn more by visiting www.amtd.com.

Brokerage services provided by TD Ameritrade, Inc., a member of FINRA (www.FINRA.org) / SIPC (www.SIPC.org), a subsidiary of The Charles Schwab Corporation. TD Ameritrade is a jointly owned trademark of TD Ameritrade IP Company, Inc. and The Toronto-Dominion Bank. © 2022 Charles Schwab & Co. Inc. All rights reserved.

View source version on businesswire.com:https://www.businesswire.com/news/home/20220307005208/en/

CONTACT: In the company

Margaret Farrell

Director, Corporate Communication

(203) 434-2240

margaret.farrell@schwab.com

KEYWORD: UNITED STATES NORTH AMERICA NEBRASKA

KEYWORD INDUSTRY: PROFESSIONAL SERVICES TECHNOLOGY FINANCE SOFTWARE BANK CONSULTING

SOURCE: TD Ameritrade, Inc.

Copyright Business Wire 2022.

PUB: 03/07/2022 12: 30 / DISCO: 03/07/2022 12:32

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