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

Jim Cramer: Will Apple or Amazon Become the World's First Trillion Dollar Stock?

Jim Cramer: Will Apple or Amazon Become the World's First Trillion Dollar Stock?

It's Dumb to Think Legalizing Weed Is Still a Political Issue

It's Dumb to Think Legalizing Weed Is Still a Political Issue

Video: How to Select Mutual Funds in Your 401(k)

Video: How to Select Mutual Funds in Your 401(k)

Racing Legend Mario Andretti Has Great Advice for Retirees

Racing Legend Mario Andretti Has Great Advice for Retirees

Arianna Huffington on Burnout, Tech-Life Balance and Why Amazon's CEO Agrees

Arianna Huffington on Burnout, Tech-Life Balance and Why Amazon's CEO Agrees