Is Mom And Pop Investor Really Buying?
Recently, there have been lots of commentary about inflows into mutual funds, which was interpreted as the retail investor pouring money into the stock market. But are they really? The TD Ameritrade Investor Movement Index (IMX) is a relatively new index that measures the net exposure of the TD Ameritrade customer. Surprisingly, their net beta [...]
Recently, there have been lots of commentary about inflows into mutual funds, which was interpreted as the retail investor pouring money into the stock market. But are they really?
The TD Ameritrade Investor Movement Index (IMX) is a relatively new index that measures the net exposure of the TD Ameritrade customer. Surprisingly, their net beta exposure went down in January:
Clients were net buyers of equities in January, but their investments held and adjusted portfolio compositions (net of … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards