Investor Movement Index: Home Gamers Added to Technology Stocks
TD Ameritrade's Investor Movement Index (IMX) indicates clients added to technology names such as Google, Facebook and Twitter, while Apple shares were sold.
JJ Kinahan, Chief Strategist at TD Ameritrade, meets with TheStreet's Jill Malandrino for a review of TD Ameritrade's Investor Movement Index (IMX), a proprietary, behavior-based index designed to indicate the sentiment of retail investors' portfolios. Kinahan notes clients were stock-picking focused and added to technology names such as Google, Facebook and Twitter. Investors also used earnings dips as buying opportunities in General Electric and Coca-Cola, while Apple shares were sold.
