Schwab Trading Activity Index™: Score Declines to Moderate-Low Levels in April Amid Market Volatility
Schwab clients were net buyers in April, finding several opportunities to increase exposure, notably in technology-related names
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Schwab Trading Activity Index
The reading for the four-week period ending
“The April STAX period was marked by volatility as major indices took a breather from a five-month winning streak and had their worst month since September, despite solid corporate earnings,” said
On
Popular names bought by Schwab clients during the period included:
- NVIDIA Corp. (NVDA)
- Advanced Micro Devices Inc. (AMD)
- Super Micro Computer Inc. (SMCI)
- Amazon.com Inc. (AMZN)
- Microsoft Corp. (MSFT)
Names net sold by Schwab clients during the period included:
- Walt Disney Co. (DIS)
- PayPal Holdings Inc. (PYPL)
- Exxon Mobil Corp. (XOM)
- Devon Energy Corp. (DVN)
- Occidental Petroleum Corp. (OXY)
About the STAX
The STAX value is calculated based on a complex proprietary formula. Each month, Schwab pulls a sample from its client base of millions of funded accounts, which includes accounts that completed a trade in the past month. The holdings and positions of this statistically significant sample are evaluated to calculate individual scores, and the median of those scores represents the monthly STAX.
For more information on the Schwab Trading Activity Index, please visit www.schwab.com/investment-research/stax. Additionally, Schwab clients can chart the STAX using the symbol $STAX in either the thinkorswim® or thinkorswim Mobile platforms.
Investing involves risk, including loss of principal. Past performance is no guarantee of future results.
Content intended for educational/informational purposes only. Not investment advice, or a recommendation of any security, strategy, or account type.
Historical data should not be used alone when making investment decisions. Please consult other sources of information and consider your individual financial position and goals before making an independent investment decision.
The STAX is not a tradable index. The STAX should not be used as an indicator or predictor of future client trading volume or financial performance for Schwab. STAX data includes that from accounts of
About Charles Schwab
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0524-0Z61
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At the Company
Director, Corporate Communications
(203) 434-2240
margaret.farrell@schwab.com
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