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Investor Movement Index: Home Gamers Added to Technology Stocks

August 21, 2023
in Trade Tube
Reading Time: 1 min read
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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.

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