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All-time Market Highs Close Out 2016 with Bang

The year 2016 ended in spectacular fashion as the S&P 500, Dow Jones Industrial Average and Nasdaq broke all-time highs, and the retail investor went along for the ride. Macro events did not scare investors, but rather kept them engaged in the markets. The Investor Movement Index (IMX) is a proprietary, behavior-based index created by TD Ameritrade that aggregates Main Street investor positions and activity to measure what investors are actually doing and how they are positioned in...

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