Schwab Trading Activity Index, also known as STAX, remains low despite the S&P 500 and Nasdaq markets sitting less than 1% below their record closing highs.
Here is a graph of the STAX Schwab Trading Activity Index Over Time, from January 2019 through Today.
Note that even with the markets near record highs, STAX remains closer to a 6-year low than a 6-year high.
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