According to the recent TIM (Trade Ideas Monitor) report for the week of September 11-17, 2009, market sentiment moderated after being bullish last week. The TIM Sentiment Index (TSI) was down 1.86 points in North America to 52.78 (see previous post and the youDevise website for additional information on the TIM report). The TSI Worldwide Index was down 3.89 points to 52.72. Total new long ideas as a percentage of all new ideas sent to investment managers by way of the TIM decreased 0.86 points to 68.36%.

As for individual securities in the U.S. and North America, DryShips (DRYS), Kroger (KR), and U.S. Steel (X) were stocks with long broker sentiment, while Sprint Nextel (S), American International Group (AIG), and Goldman Sachs (GS) had short broker sentiment. In general, the utility, energy, and consumer staples sectors had long broker sentiment, while the information technology sector had short broker sentiment.