TD Ameritrade Investor Movement Index: IMX Rises Slightly in August


OMAHA, Neb.–()–The Investor Movement Index® (IMXSM) moved higher to 8.38 in August, up from 8.34 in July. The IMX is TD Ameritrade’s proprietary, behavior-based index, aggregating Main Street investor positions and activity to measure what investors actually were doing and how they were positioned in the markets.

The reading for the five-week period ending August 27, 2021 ranks “High” compared to historic averages.

“We’ve seen all the major indices hit new highs as the markets had their seventh-straight winning month, which has created quite a positive environment,” said JJ Kinahan, chief market strategist, TD Ameritrade. “With economic data, the Delta variant, changing geopolitics and inflation fears sending mixed messages, investors should remain watchful as we head into September, which has a reputation for being one of the most volatile months of the year.”

Equity markets moved higher during the August…

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