TD Ameritrade Investor Movement Index: Economic Optimism Pushes IMX Score Growing in May

OMAHA, Neb.--(BUSINESS WIRE)--The Investor Movement Index® (IMXSM) increased .18 into 8.32 in May, up by the April rating of 8.14. The IMX is TD Ameritrade's proprietary, behavior-based indicator, aggregating Main Street investor places and action to measure exactly what traders really were doing and the way they were placed at the markets.

TD Ameritrade Investor Movement Index: Economic Optimism Pushes IMX Score Growing in May

The scanning for its four-week period ending May 28, 2021 rankings"High" in comparison to historical averages.

"Clients took some danger from the table in May, favoring assets like U.S. ETFs and Fixed Income over stocks," said JJ Kinahan, chief market strategist, TD Ameritrade. "It is the first time since October of last year which customers have been net sellers of stocks, while largely keeping their degree of overall vulnerability to the market in an environment where the Indices were mostly unchanged. This can be brought on by the equity purchases being in greater Beta stocks. Looking forward it appears economic optimism might be on the increase -- the market is slowly but surely gaining the marketplace appears to have shaken off a few of the current inflation concerns for the time being."

Equity markets have been mixed throughout the period. The Nasdaq Composite moved reduced by 1.56%. Economic data was largely positive throughout the entire month. Consumer spending continued to grow up 0.5 percent, since the CDC continued to loosen mask prices and more Americans spent services, dining and traveling. New jobless claims dropped more than expected to set a new pandemic-era low, while President Biden introduced a $6 billion trillion spending plan using large projected increases on infrastructure. The Federal Reserve started to telegraph a eventual change from its simple monetary policy as evidence mounts of a continuing economic recovery and increasing inflation.

TD Ameritrade customers were net purchasers overall throughout the May IMX interval but were net sellers of stocks. This marked the first time since October that inventories were web sold. Some of the favorite equity names purchased throughout the period have been:

TD Ameritrade customers were net sellers of stocks within this period, such as:

Concerning the IMX

The IMX worth is calculated according to a intricate proprietary formulation. Every month, TD Ameritrade attracts a sample from the customer base of accounts that are financed, which comprises all reports that finished a transaction in the previous month. The holdings and places of the statistically significant sample are assessed to compute individual scores, and also the median of these scores signifies the monthly IMX.

To learn more on this Investor Movement Index, such as historic IMX information going back to January 2010; to see the entire report from May 2021; or to subscribe to potential IMX news alerts, please see Furthermore, TD Ameritrade customers can graph the IMX employing the emblem $IMX in the thinkorswim® or thinkorswim Mobile platforms.

Inclusion of particular safety names within this comment doesn't constitute a recommendation from TD Ameritrade to purchase, sell, or hold. Please consider all of risks and goals prior to investing.

Beyond performance of a safety, plan, or indicator isn't a guarantee of future results or investment achievement.

Historical information shouldn't be used alone when making investment choices . Please consult other sources of advice and think about your personal financial standing and goals prior to making an independent investment choice.

The IMX isn't a tradable index. The IMX shouldn't be utilized as an indicator or predictor of prospective customer trading volume or monetary performance for TD Ameritrade.

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