2 Surprise Standouts From TD Ameritrade's January IMX

On Monday, TD Ameritrade released its January report on ts Investor Movement Index (IMX), which measures investor sentiment based on trends among TD Ameritrade's six million investor accounts.

2016's Winners, Still Winning

The report revealed investors in January were net buyers in sympathy with the bullish sentiment across the market. Also aligning with the markets as a whole, the IMX showed strong investor movement into the financial sector, particularly toward Bank of America Corp BAC and JPMorgan Chase & Co, JPM. The Fed's decision to raise interest rates late in 2016, the increased strength of the dollar, as well as the looming promise of financial deregulation from the new Trump administration may also have added to the appeal of big banks among investors.

2016's best performing stock continued to be popular among investors, as NVIDIA Corporation NVDA was a net buy from TD Ameritrade investors throughout January.

Surprise Standouts

The report also singled out Macy's Inc M and Chesapeake Energy Corporation CHK as standouts in two sectors that saw a downturn at the start of the year. Both companies were net bought in January, despite reportedly poor retail sales during the holidays and declining price in most energy corporations as the price at the pump remained stable.

Selling At The Top

Among the securities that saw a selloff in January were Apple Inc. AAPL and Tesla Inc TSLA who both hit recent highs that month.

Walt Disney Co DIS also saw a lot of sales following what many believe was a stellar year for the companies properties, with the 2016 release of another entry in the Star Wars franchise as well as several Marvel Comics' movies and television series.

Check out TD Ameritrade's video below for more details on their January IMX Report.