Investors Buying Shares of Facebook, Ford Post-Brexit

Individual investors apparently shopped for post-Brexit bargains in June, scooping up stocks like Facebook (FB) - Get Report , Ford (F) - Get Report and Disney (DIS) - Get Report . 'Investors have taken the opportunity to buy on dips over the last few years and perhaps once more our clients felt that the pendulum had swung too far,' says JJ Kinahan, chief strategist at TD Ameritrade. The firm's Investor Movement Index rose 2.6 percent in June to 5 from 4.87 in May compared to a flat return for the S&P 500. The 52-week high for the IMX is 5.39 while the 52-week low is 4.33. This is the third straight positive month for the index. Each month, TD Ameritrade pulls a sample from its client base of 6 million funded accounts that includes all accounts that completed a trade in the past month. The holdings and positions of this statistically significant sample are evaluated to calculate individual scores, and the median of those scores represents the monthly IMX. Facebook and Amazon.com (AMZN) - Get Report were net buys in June, according to TD Ameritrade. Each has seen declines after recently setting all-time highs. Dividend-paying auto makers Ford Motor and General Motors (GM) - Get Report , both of which yield around five percent, were also net buys in June. 'We are going through a crazy fixed income market with repeated lows on the 10-year Treasury yield,' said Kinahan. 'People are looking for blue chip stocks where they can still get some good yield.'