TD Ameritrade’s Investor Movement Index: IMX Reading Moves In Positive Direction After Recent Negative Trending

TD Ameritrade, Inc. (“TD Ameritrade”), a broker-dealer subsidiary of TD Ameritrade Holding Corporation (NYSE: AMTD), is today revealing the Investor Movement Index SM reading for June 2013. The Investor Movement Index, or the IMX SM, is a proprietary, behavior-based index created by TD Ameritrade that aggregates Main Street investor positions and activity to measure what investors are actually doing and how they are positioned in the markets.

The June 2013 Investor Movement Index for the four weeks ending June 28, 2013, reveals:
  • Reading: 5.15 (compared to 5.02 in May)
  • Trend direction: Positive
  • Trend length: 1 month
  • Score relative to historic ranges: High

June’s IMX reading marks a turn in a positive direction after two consecutive months of declines. Clients ramped up their equity market exposure as they were net buyers of equities and sold fixed income mutual funds and ETFs. In June clients continued to have an overall bullish positioning. The IMX bounced higher while the S&P 500 hit an intra-month low almost 6% lower than the record high reached in May. After dialing back equity market exposure in May, many clients treated the dip in June as a buying opportunity and increased their equity market exposure. June’s IMX reading was at the high end of a more than three year history. Clients were net buyers of most sectors. Consumer goods and basic materials attracted the most net buying activity.

“It’s interesting to see the IMX bounce in June as investors led the recent S&P 500 dip,” said Nicole Sherrod, managing director of TD Ameritrade’s Trader Group. “This indicates that investors got the pullback they anticipated and in response there were days in June when our clients were heavy buyers, dialing up their equity market exposure.”

The IMX value is calculated based on a complex proprietary formula. Each month, TD Ameritrade pulls a sample from its client base of 6 million funded accounts that includes all accounts that completed a trade in the past two months. The holdings and positions of this statistically significant sample are evaluated to calculate individual scores, and the median of those scores represents the monthly IMX.

For more information on the Investor Movement Index, including historical IMX data going back to December 2010, to view the full report from June 2013, or to sign up for future IMX news alerts, please visit www.tdameritrade.com/IMX. Additionally, TD Ameritrade clients can chart the IMX using the symbol $IMX in either the thinkorswim ® or TD Ameritrade Mobile Trader platforms.

Past performance of a security, strategy or index is no guarantee of future results or investment success.

Historical data should not be used alone when making investment decisions. Please consult other sources of information and consider your individual financial position and goals before making an independent investment decision. The IMX is not a tradable index. The IMX should not be used as an indicator or predictor of future client trading volume or financial performance for TD Ameritrade.

For the latest TD Ameritrade news and information, follow the Company on Twitter, @TDAmeritradePR.

AMTD-G

About TD Ameritrade Holding CorporationMillions 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 37 years. An official sponsor of the 2014 and 2016 U.S. Olympic and Paralympic Teams, 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)

Copyright Business Wire 2010

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