- Score: 4.94
- Trend Direction: Positive
- Trend Length: 1 month
- Score relative to historic ranges: Moderately High
The IMX increased in December 2012 after remaining flat from October 2012 to November 2012, moving to the upper end of the 3-year range at 4.94. The last time the IMX climbed to the 4.94 level was in January of 2011, when both the S&P 500 and the IMX continued their upward trend. Over the last 6 months clients have increased their cash allocations, which typically are seen as an effort to reduce equity market exposure. However, market forces and specific buying activity were more powerful than cash movements, causing the IMX to rise. Clients, in general, tended to buy or hold securities with an increased level of volatility relative to the S&P 500, which in turn increased their overall level of equity market exposure. For example, Apple’s (AAPL) volatility relative to the equity market increased in December, and our clients were net buyers of Apple shares – both of these factors helped the IMX move higher.For more information on the Investor Movement Index and to view the full report please visit: www.tdameritrade.com/research/imx.page Historical data should not be used alone when making investment decisions. For the latest TD Ameritrade Holding Corporation news and information, follow the Company on Twitter, @TDAmeritradePR. For the latest market observations and information from some of our TD Ameritrade Experts follow @TDANSherrod and @TDAJJKinahan. AMTD-G About TD Ameritrade Holding Corporation Millions of investors and independent registered investment advisors (RIAs) have turned to TD Ameritrade’s (NYSE: AMTD) technology, people and education to help make investing and trading easier to understand and do. Online or over the phone. In a branch or with an independent RIA. First-timer or sophisticated trader. Our clients want to take control, and we help them decide how – bringing Wall Street to Main Street for more than 36 years. TD Ameritrade has time and again been recognized as a leader in investment services. Please visit TD Ameritrade’s newsroom or www.amtd.com for more information. Brokerage services provided by TD Ameritrade, Inc., member FINRA ( www.FINRA.org) /SIPC ( www.SIPC.org) /NFA ( www.nfa.futures.org).