Schwab Trading Activity Index rises to 61.94 in October from 58.92 in September
SCHW•The Schwab Trading Activity Index rose to 61.94 in October from 58.92 in September as clients returned to individual stocks.
1. Trading activity rises
Clients bought dips in technology and AI-related stocks amid funding concerns, while only three of 11 S&P 500 sectors recorded net buying. Active traders’ market exposure reached its highest level since segment tracking began more than two years ago. Surveyed clients’ equity bullishness rose to 19% for November from 17% for October, while active traders’ bullishness fell to 25% from 33%; willingness to buy sector declines eased to 35% from 39%.
