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Schwab clients expand individual stock purchases in October

Axios · ·by G4L

MU Micron Technology Inc
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  1. 1Retail investors placed more bets on individual stocks last month following a preference for ETFs in September.
  2. 2The October Schwab Trading Activity Index (STAX) recorded 61.94.
  3. 3Schwab clients purchased Intel, SpaceX, NVIDIA, Micron Technology, and Alphabet in October.

So what's the key point?

Retail investors preferred bundled products in September but spent more on buying individual stocks directly in October. This means Schwab clients bought more shares of individual companies like Intel and NVIDIA.

Source Axios · View original ↗

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