Have Mom And Pop REALLY Been Buying Stocks?
Recently the blogosphere was full of stories of how the individual investor has been pouring money into equity mutual funds and interpreting this as either bullishly (momentum) or bearishly (retail money = dumb money). But have they really been buying stocks hand over fist? The TD-Ameritrade Investor Movement Index (IMX) is a relatively new index [...]
Recently the blogosphere was full of stories of how the individual investor has been pouring money into equity mutual funds and interpreting this as either bullishly (momentum) or bearishly (retail money = dumb money). But have they really been buying stocks hand over fist?
The TD-Ameritrade Investor Movement Index (IMX) is a relatively new index that measures the change in net equity exposure of the TD-Ameritrade customer. Surprisingly, their net exposure fell in January despite being net … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards