TD Ameritrade's October IMX Summary

TD Ameritrade published their October 2013 Investor Movement Index (IMX) Summary.

October's IMX score was 5.07. up 0.10 or 2.01 percent. TD Ameritrade noted that investor clients "increased their equity market exposure." The report commented that net buying activity favored Facebook FB, The Coca-Cola Company KO, J.C. Penney JCP, and Micron Technology MU. Clients were net sellers of Bank of America BAC, Citigroup C and Alcoa AA.

Rite Aid RAD, Yahoo! YHOO, AT&T T, Verizon Communications VZ and Kinder Morgan Energy Partners, L.P. KMP were other popular buys. Other names sold include Google GOOG, The Home Depot HD and Zynga ZNGA.

TD Ameritrade's IMX is a proprietary indication of retail investors' portfolios, measuring how investors are positioned in the markets from a monthly sample of investor clients.