the republic logo

TD Ameritrade says its investors buying equities and appear optimistic going into April

bug
Share/Save/Bookmark

OMAHA, Nebraska — Online brokerage TD Ameritrade says its six million investors appear more optimistic about the market now than they did a month ago.

TD Ameritrade said Monday that its Investor Movement Index rebounded to 4.75 in March after hitting a two-year low of 4.7 in February. The index is based on what investors are buying and selling.

The score on the six-point scale remains in modest territory but TD Ameritrade's Nicole Sherrod says investors were net buyers of equities last month.

Sherrod says the main reason the index didn't increase more is that several of the biggest stocks Ameritrade investors hold were considered less volatile in March.

TD Ameritrade investors were net buyers of Apple and Lumber Liquidators during March, and oil producers such as ExxonMobil remained popular.

Think your friends should see this? Share it with them!

Story copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Feedback, Corrections and Other Requests: AP welcomes feedback and comments from readers. Send an email to info@ap.org and it will be forwarded to the appropriate editor or reporter.


We also have more stories about:
(click the phrases to see a list)

Category:

 

Follow The Republic:

All content copyright ©2015 The Republic, a division of Home News Enterprises unless otherwise noted.
All rights reserved. Privacy policy.