Individual investors increased their equity exposure and remained active as the major indexes reached record highs in a relatively low volatility environment, TD Ameritrade Chief Strategist, JJ Kinahan, explains. The Investor Movement Index (IMX) jumped higher to 5.85, which was near the March 2014 high of 5.87. Net buying activity was spread across several sectors in July with GoPro, Gilead, Yahoo! and Whole Foods as the standouts. Although clients were net buyers overall, both technology and financial sectors were net sold, including Intel, Facebook, Cisco, Microsoft, Bank of America, and Citigroup.

More from Video

Video: Here's Why One Markets Pro Is Raising Cash Right Now

Video: Here's Why One Markets Pro Is Raising Cash Right Now

Intel CEO Out After Past Relationship With Staffer -- Why Intel's Stock Popped

Intel CEO Out After Past Relationship With Staffer -- Why Intel's Stock Popped

Micron's Stock Is Out of Control Just Like Every Other Mega Tech Stock

Micron's Stock Is Out of Control Just Like Every Other Mega Tech Stock

Why Darden and Kroger Served Up Some Mind-Blowing Earnings Reports

Why Darden and Kroger Served Up Some Mind-Blowing Earnings Reports

60 Seconds: Best (Financial!) Gifts for Grads

60 Seconds: Best (Financial!) Gifts for Grads