IMX: Homegamer Added to Dividend Stocks, Sold Tech and Financials in June

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IMX: Homegamer Added to Dividend Stocks, Sold Tech and Financials in June

IMX: Homegamer Added to Dividend Stocks, Sold Tech and Financials in June
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IMX: Homegamer Added to Dividend Stocks, Sold Tech and Financials in June

by TheStreet 3:03 mins

IMX: Homegamer Added to Dividend Stocks, Sold Tech and Financials in June

by TheStreet 3:03 mins

TD Ameritrade's Investor Movement Index (IMX) is a proprietary, behavior-based index that aggregates Main Street investor positions and activity to measure what investors are actually doing and how they are positioned in the markets. For June 2014, JJ Kinahan, Chief Strategist for TD Ameritrade, explains the reading was relatively flat month-over-month, declining just 0.02 points as volatility remained low, while major U.S. Equity Indices rose to all-time highs. Kinahan said AAPL was a popular trade following the stock split as were dividend ETFs and related stocks. Selling in tech was broad along with Facebook, Citigroup and Bank of America.

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