Market Overview

TD Ameritrade's IMX Survey Declines to 5.31 in April


TD Ameritrade (NYSE: AMTD) issued April data for the Investor Movement Index Monday afternoon. The survey, released monthly on either the first or second Monday of the month, is released at 12:30 PM Eastern.

The reading for April fell 0.06 from 5.37 in March to 5.31.

TD Ameritrade said, "Broad market volatility (measured by the S&P 500) increased in April and clients dialed back their equity market exposure as they rotated their holdings, selling securities at highs and buying into lows. Net buying activity favored the basic material and industrial sectors. Clients were net sellers of technology and service sectors, however technology remained the most widely held sector."

The firm highlighted net buying activity in "basic materials sector including Cliff Natural Resources (NYSE: CLF), Alcoa Inc (NYSE: AA) and Vale S.A (NYSE: VALE)... industrials names such as Caterpillar (NYSE: CAT) and 3D Systems Corp (NYSE: DDD)," and also in BofA (NYSE: BAC), ConocoPhilips (NYSE: COP) and EMC (NYSE: EMC). Apple (NASDAQ: AAPL) shares are now "more widely owned by TD Ameritrade clients than ever before as additional clients established positions at lower price points."

TD Ameritrade clients reduced investments in Home Depot (NYSE: HD), McDonald's (NYSE: MCD), Starbucks (NASDAQ: SBUX), Sirius XM (NASDAQ: SIRI), Microsoft (NASDAQ: MSFT), Citi (NYSE: C), Ford (NYSE: F) and Bristol-Myers Squibb (NYSE: BMY).

To see the full IMX statement, visit

Posted-In: News Econ #s Markets Trading Ideas


Related Articles (AAPL + AA)

View Comments and Join the Discussion!

Special Report from the SME Conference: How to Find Money in Any Market

Believe It: Malaysia Election Result Boosts Rare Earths ETF