According to the recent TIM (Trade Ideas Monitor) report for the week of October 23-29, 2009, the TIM Sentiment Index (TSI) is borderline bearish at 49.83, after the North American index fell 1.17 points (see last week's post and the youDevise website for additional information on the TIM report, a reading above 50 is bullish). The TSI Worldwide Index actually increased 1.76 points, but was also still just below the break-even point at 49.79 points. Four sectors were in bearish territory, four were neutral, and two were bullish. Total new long ideas as a percentage of all new ideas sent to investment managers by way of the TIM increased 2.15 points to 67.56%.
As for individual securities in the U.S. and North America, VF Corp (VFC), O'Reilly Automotive (ORLY), and First Solar (FSLR) were stocks with long broker sentiment, while Las Vegas Sands (LVS), Micron Technology (MU), and NVIDIA Corp (NVDA) had short broker sentiment. In general, the consumer staples and consumer discretionary sectors had long broker sentiment, while the energy, utility, and telecommunication sectors had short broker sentiment.
TIM Report: Market Sentiment Slightly Bearish, with VFC, ORLY, and FSLR as longs, LVS, MU, and NVDA as shorts
Posted by Bull Bear Trader | 10/30/2009 09:47:00 AM | FSLR, LVS, MU, NVDA, ORLY, TIM Report, Trade Ideas Monitor, VFC, youDevise | 0 comments »TIM Report: Brokers Still Cautious, with MDSO, BJ, and AA as Longs, FSLR, BRCD, and LVS as Shorts
Posted by Bull Bear Trader | 8/21/2009 10:11:00 AM | AA, Alternative Energy, BJ, BRCD, Consumer Discretionary, Consumer Staples, FSLR, Industrials, LVS, Materials, MDSO, Telecommunications, TIM Report, TSI Index, youDevise | 0 comments »According to the recent TIM (Trade Ideas Monitor) report for August 20th, the TIM Sentiment Index (TSI) in North America was 50.37, down 1.76 points, right near the critical 50 mark (see last post, and previous post and the youDevise website for additional information on the TIM report). The TSI Worldwide Index was down marginally. Total new long ideas as a percentage of all new ideas sent to investment managers by way of the TIM decreased 3.15 points to 62.53%.
As for individual securities in the U.S. and North America, Medidata Solutions (MDSO), BJ's Wholesale Club (BJ), and Alcoa (AA) were stocks with long broker sentiment, while First Solar (FSLR), Brocade Communications (BRCD), and Las Vegas Sands (LVS) had short broker sentiment. In general, the materials, telecommunication services, and energy sectors had long broker sentiment, while the consumer staples, industrials, and consumer discretionary sectors had short broker sentiment.
