Take A Look At This Retail Investor Sentiment Indicator

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In today's world of big data, investors are often bombarded with an array of economic indicators each day. Deciding how the world's economic data points will impact a stock in the healthcare sector, for example, can be overwhelming for even the most refined trader. An interest indicator is a recent offering from
TD AmeritradeAMTD
which cuts out this concern with a cut-and-dry survey on the space which can be easily related: retail investor sentiment. Investors and traders will get a unique perspective into the equities market on Monday of next week with TD Ameritrade's IMX Movement Index. The survey tracks the portfolio's of six million retail investors, measuring actual positions and recent investment/trading activity. According to TD Ameritrade, the Index offers "insight into the mood and behavior of retail investors... when it's combined with opinion-based research, the IMX can provide a more complete snapshot of retail investor sentiment." The reading for September will be out on October 7 at 12:30PM EDT. Visit
https://imx.tdameritrade.com/IMX/index.jsp#
to see full details of the release. The survey has been trending higher over the last two months, moving from 4.87 in July to 5.16 in August. TD Ameritrade said the move higher continues "a pattern of advancing exposure on market dips and rolling back exposure when equity markets were trading at record levels." The IMX report also considers specific stocks which are seeing increased activity. From the most recent survey: "TD Ameritrade clients continued to accumulate Tesla Motors
TSLA
, as the stock gained 26% month over month and traded at record levels.
Ford Motor CompanyF
was also accumulated by clients as the stock price dipped in August. Clients were net buyers of some basic materials companies that declined in August including
BPBP
,
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Kinder Morgan Energy PartnersKMP
, and
Potash CorpPOT
."
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Posted In: NewsEcon #sTrading IdeasIMX Movement IndexTD Ameritrade
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