Traders Remain Optimistic about Equities Through Q1 2014

  Traders Remain Optimistic about Equities Through Q1 2014

Business Wire

SAN FRANCISCO -- October 10, 2013

Nearly 85 percent of traders say they are confident that stock prices will
either remain at or near their current levels or continue to rise over the
next three to six months, according to new data captured in Charles Schwab’s
most recent Trading Services Sentiment Survey from September 2013.

Despite geopolitical uncertainty and near-term risks – including gridlock in
Washington, D.C. over government funding, the debt ceiling and the specter of
tapering looming from the Federal Reserve – bullish sentiment increased to 44
percent, compared to June 2013 when some 38 percent of those surveyed
identified themselves as bullish.

In addition to reporting a positive outlook on the market, nearly all
respondents (99 percent) describe themselves as having a moderate to high
tolerance for risk when trading. In fact, more than 21 percent of those
surveyed report a higher risk tolerance today than just one year ago.
Moreover, with September having marked the five year anniversary of the
financial crisis, nearly half (48 percent) of respondents report that they are
more confident in the markets today than they were in September 2008.

“Against the backdrop of economic and geopolitical uncertainty, 55 percent of
respondents say that the primary reason they trade is to take control of their
finances,” said Kelli Keough, Senior Vice President of Trading Services at
Charles Schwab. “With another 41 percent saying they trade primarily to
generate income, we continue to see today’s trader taking a hands-on approach
to engaging with the markets. Contrary to what might be general perception,
less than two percent of traders say they trade because they enjoy the
thrill.”

The latest Trading Services Sentiment Survey also revealed  that traders
continue to evaluate trading opportunities while on-the-go. Just over 30
percent report conducting stock research from a mobile device or tablet.

Data from the Charles Schwab Trading Services Sentiment Survey were derived
from responses of participants in Charles Schwab’s virtual education event on
September 19, 2013.

Schwab provides traders with superior trading platforms, free seminars and
workshops, online education resources and 24-hour access to experienced
trading specialists, with no minimum trade requirements. For more information,
please visit www.schwab.com/trader or call 888-245-6864.

Follow us on Twitter: @Schwab4Traders.

About Charles Schwab

At Charles Schwab we believe in the power of investing to help individuals
create a better tomorrow. We have a history of challenging the status quo in
our industry, innovating in ways that benefit investors and the advisors and
employers who serve them, and championing our clients’ goals with passion and
integrity.

More information is available at www.aboutschwab.com. Follow us on Twitter,
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Disclosures

Through its operating subsidiaries, The Charles Schwab Corporation (NYSE:
SCHW) provides a full range of securities brokerage, banking, money management
and financial advisory services to individual investors and independent
investment advisors. Its broker-dealer subsidiary, Charles Schwab & Co., Inc.
(member SIPC, www.sipc.org), and affiliates offer a complete range of
investment services and products including an extensive selection of mutual
funds; financial planning and investment advice; retirement plan and equity
compensation plan services; compliance and trade monitoring solutions;
referrals to independent fee-based investment advisors; and custodial,
operational and trading support for independent, fee-based investment advisors
through Schwab Advisor Services. Its banking subsidiary, Charles Schwab Bank
(member FDIC and an Equal Housing Lender), provides banking and lending
services and products. More information is available at www.schwab.com and
www.aboutschwab.com.

Brokerage Products: Not FDIC Insured • No Bank Guarantee • May Lose Value

Investing involves risk, including possible loss of principal.

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Contact:

Charles Schwab
Alissa Carter, 212-403-9240
Alissa.Carter@schwab.com
 
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