According to the recent TIM (Trade Ideas Monitor) report for the week of November 13-19, 2009, the TIM Sentiment Index (TSI) increased 0.85 points to 55.29, staying within bullish territory (see last week's post and the youDevise website for additional information on the TIM report, a reading above 50 is bullish). On the other hand, the TSI Worldwide Index dropped 4.61 points to 47.13, falling in bearish territory. Only two sectors were bullish, with seven bearish, and one neutral. Total new long ideas as a percentage of all new ideas sent to investment managers by way of the TIM fell to 62.89% from 73.61%.

As for individual securities in the U.S. and North America, TJX Companies (TJX), Baxter International (BAX), and Dick's Sporting Goods (DKS) were stocks with long broker sentiment, while DryShips Inc. (DRYS), Goldman Sachs (GS), and Potash (POT) had short broker sentiment. In general, the information technology and energy sectors had long broker sentiment, while the telecommunications services, industrial, and consumer staples sectors had short broker sentiment.

According to the recent TIM (Trade Ideas Monitor) report for the week of November 6-12, 2009, the TIM Sentiment Index (TSI) fell 1.05 points to 54.44, staying within bullish territory (see last week's post and the youDevise website for additional information on the TIM report, a reading above 50 is bullish). The drop in the TSI Worldwide Index was much larger, falling 5.60 points to 51.74, but still staying in bullish territory. Eight of the ten sectors were in bullish territory with the remaining two bearish. Total new long ideas as a percentage of all new ideas sent to investment managers by way of the TIM increased 0.41 points to 73.61%.

As for individual securities in the U.S. and North America, State Street (STT), Apple (AAPL), and Amazon.com (AMZN) were stocks with long broker sentiment, while Family Dollar (FDO), Toll Brothers (TOL), and Ensco International (ESV) had short broker sentiment. In general, the information technology, utilities, and telecommunications services sectors had long broker sentiment, while the materials and consumer discretionary sectors had short broker sentiment.

According to the recent TIM (Trade Ideas Monitor) report for the week of October 30-November 5, 2009, the TIM Sentiment Index (TSI) rose 5.65 points to 55.49, moving into bullish territory (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 also increased 7.55 points to a bullish 57.34 reading. Nine of the ten sectors were in bullish territory with only one bearish. Total new long ideas as a percentage of all new ideas sent to investment managers by way of the TIM increased 5.64 points to 73.20%.

As for individual securities in the U.S. and North America, Research In Motion (RIMM), US Steel (X), and Bank of America (BAC) were stocks with long broker sentiment, while Wells Fargo (WFC), and AMR Corp (AMR) had short broker sentiment. In general, the consumer discretionary, energy, and materials sectors had long broker sentiment, while the consumer staples had short broker sentiment.

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.

According to the recent TIM (Trade Ideas Monitor) report for the week of October 16-22, 2009, increased profit taking resulted in drops in market sentiment in the U.S., with the TIM Sentiment Index (TSI) was down 8.32 points in North America to a significantly lower, but still bullish 51.01 (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 was down 5.57 points, falling into bearish territory at 48.03. Eight sectors were in bearish territory, with two bullish. Total new long ideas as a percentage of all new ideas sent to investment managers by way of the TIM decreased 5.81 points to 65.41%.

As for individual securities in the U.S. and North America, Ingersoll-Rand (IR), Terex Corp (TEX), and Freeport McMoRan (FCX) were stocks with long broker sentiment, while Research In Motion (RIMM), Wyeth (WYE), and St. Jude Medical (STJ) had short broker sentiment. In general, the utilities and consumer staples sectors had long broker sentiment, while the information technology, health care, and energy sectors had short broker sentiment.

According to the recent TIM (Trade Ideas Monitor) report for the week of October 9-15, 2009, market sentiment in the U.S. became even more bullish. The TIM Sentiment Index (TSI) was up 3.87 points in North America to 59.32 (see the youDevise website for additional information on the TIM report). The TSI Worldwide Index was down 0.96, but remained bullish at 53.60 (a reading above 50 is bullish). Six sectors were bullish, while three were bearish and one was neutral. Total new long ideas as a percentage of all new ideas sent to investment managers by way of the TIM increased 2.69 points to 71.22%.

As for individual securities in the U.S. and North America, WW Grainer Inc (GWW), O'Reilly Automotive (ORLY), and Pfizer (PFE) were stocks with long broker sentiment, while Chesapeake Energy (CHK) and Safeway (SWY) had short broker sentiment. In general, the information technology, financial, and energy sectors had long broker sentiment, while the utilities had short broker sentiment.

According to the recent TIM (Trade Ideas Monitor) report for the week of September 25 - October 1, 2009, market sentiment became more bullish. The TIM Sentiment Index (TSI) was up 2.11 points in North America to 53.16 (see previous post and the youDevise website for additional information on the TIM report). The TSI Worldwide Index was also up, increasing 3.83 points to 51.42. Six sectors were bullish, while three were bearish and one was neutral. Total new long ideas as a percentage of all new ideas sent to investment managers by way of the TIM increased 3.50 points to 65.55%.

As for individual securities in the U.S. and North America, Penske Automotive Group (PAG), Bally Technologies (BYI), and Check Point Software Technologies (CHKP) were stocks with long broker sentiment, while MGM Mirage (MGM) and Citrix Systems (CTXS) had short broker sentiment. In general, the consumer staples, financial, and telecommunications sectors had long broker sentiment, while the utilities, health care, and industrial sectors had short broker sentiment.

According to the recent TIM (Trade Ideas Monitor) report for the week of September 18-24, 2009, bullish broker sentiment continued to decrease. The TIM Sentiment Index (TSI) was down 1.74 points in North America to 51.05, slightly bullish (see previous post and the youDevise website for additional information on the TIM report). The TSI Worldwide Index was down 5.14 points to 47.58. Total new long ideas as a percentage of all new ideas sent to investment managers by way of the TIM decreased 6.31 points to 62.05%.

As for individual securities in the U.S. and North America, King Pharmaceuticals (KG), American International Group (AIG), and E*Trade Financial (ETFC) were stocks with long broker sentiment, while YUM Brands (YUM), MetroPCS Communications (PCS), and AK Steel Holdings (AKS) had short broker sentiment. In general, the information technology, health care, and financial sectors had long broker sentiment, while the materials and utilities sectors had short broker sentiment.

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.

According to the recent TIM (Trade Ideas Monitor) report for August 13th, the TIM Sentiment Index (TSI) in North America was 52.13, down 2.42 points, but still over 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 averaged 53.40. Total new long ideas as a percentage of all new ideas sent to investment managers by way of the TIM remained high at 65.68%, but down slightly.

As for individual securities in the U.S. and North America, Cbeyond (CBEY), TW Telecom (TWTC), and Williams-Sonoma (WSM) were stocks with long broker sentiment, while Allegiant Travel (ALGT), Tellabs (TLAB), and Arch Coal (ACI) had short broker sentiment. In general, the utility, telecommunication, and consumer staples sectors had long broker sentiment, while the financial, material, and consumer discretionary sectors had short broker sentiment.

According to the recent TIM (Trade Ideas Monitor) report, the TIM Sentiment Index (TSI) increased 2.1% week over week to 50.90 on August 6th, compared to 49.84 on July 30th (see last post, and previous post and the youDevise website for additional information on the TIM report). For the last few weeks, the index has been fluctuating just above and below the critical 50 mark, differentiating bullishness from bearishness. The TIM report list the daily change in the TSI as being statistically correlated to market movement 1-3 days forward. Total new short ideas as a percentage of all new ideas sent to investment managers by way of the TIM increased slightly to 33.21% on August 6th from 33.19% on July 30th. Shorts represent 34.96% of broker ideas in August, compared to 40.69% year to date.

As for individual securities in the U.S. and North America, Hartford Financial Services Group (HIG), Novellus Systems (NVLS), and DaVita (DVA) were the stocks most recommended as longs by institutional brokers, while Cablevision Systems (CVC), Hewlett-Packard (HPQ), and Altera (ALTR) were recommended as shorts. The consumer discretionary, materials, and financial sectors had the biggest week over week change in long broker sentiment, while the telecommunication services, consumer staples, and information technology sectors had the largest weekly change in short sentiment.

According to the recent TIM (Trade Ideas Monitor) report, the TIM Sentiment Index (TSI) fell into bearish territory as it decreased 2.4% week over week to 49.84 on July 30th, from 51.06 on July 23rd (see last week's post, and previous post and the youDevise website for additional information on the TIM report). Nonetheless, the index increased 9.3% on Thursday. New short ideas as a percentage of all new ideas sent to investment managers increased from 28.26% a week ago to 46.92% on Tuesday, then back to 33.19%. Shorts are 36.72% of ideas in July and 40.95% for the year. As result, the index is indicating that while brokers are generally bullish with their new ideas, they have increased their profit taking as the market continues to rise.

As for individual securities in the U.S. and North America, Viacom (VIAb), GSI Commerce (GSIC), and Adtran (ADTN) were stocks recommended as longs by institutional brokers, while Cymer (CYMI), Saks (SKS), and Priceline (PCLN) were recommended as shorts. The industrials, financials, and consumer staples sectors had long broker sentiment for the week, while the utility, energy, and information technology sectors had short sentiment.

According to the recent TIM (Trade Ideas Monitor) report, the TIM Sentiment Index (TSI) decreased 0.3% week over week to 51.06, after decreasing 5.3% from 54.03 to 51.19 one week earlier (see last week's post, and previous post and the youDevise website for additional information on the TIM report). The TSI remained close to the neutral 50 value all week. Nonetheless, for the five trading days ending July 23rd, the number of new long ideas as a percentage of new ideas sent to investment managers did increase to 71.74% from 61.37% one week earlier. To date, longs represent 64.23% of ideas in July and 58.98% this year.

As for individual securities in the U.S. and North America, Phillips-Van Heusen (PVH), Darden Restaurants (DRI), and Potash (POT) were stocks recommended as longs by institutional brokers, while Qualcomm (QCOM), Perrigo (PRGO), and Williams-Sonoma (WSM) were recommended as shorts. The consumer discretionary, consumer staples, and energy sectors had long broker sentiment for the week, while information technology, health care, and utilities had short sentiment.

According to the recent TIM (Trade Ideas Monitor) report, the TIM Sentiment Index (TSI) decreased 5.3% week-over-week from 54.03 to 51.19 (see previous post, youDevise website for additional information on the TIM report). For the five trading days ending July 16th, the number of new short ideas as a percentage of new ideas sent to investment managers increased to 38.63% from 25.90% one week earlier (see last week's post). To date, shorts represent 35.27% of ideas in July, and 41.14% of this year.

As for individual securities in the U.S. and North America, Johnson & Johnson (JNJ), Kraft (KFT), and Intel (INTC) were the stocks most recommended as longs by institutional brokers, while DigitalGlobe (DGI), Fairchild Semiconductor (FCS), and Advanced Micro Devices (AMD) were most recommended as shorts. The materials, industrials, and health care sectors had increased broker sentiment for the week, while consumer staples, utilities, and telecommunications had decreased sentiment.

According to the recent TIM (Trade Ideas Monitor) report and the TIM Sentiment Index (TSI), institutional brokers increased 4.5% from 51.70 to 54.03 (see previous post or youDevise website for additional information on the TIM report). For the five trading days ending July 9th, the number of new long ideas as a percentage of new ideas sent to investment managers increased to 74.10% from 60.84% one week earlier (see last week's post). While the intra-week trend did fall, it later rebounded. To date, longs represent 58.64% of all ideas this year.

As for individual securities in the U.S. and North America, Western Union (WU) and DryShips (DRYS) were the stocks most recommended as longs by institutional brokers, while U.S. Steel (X) and Morgan Stanley (MS) were most recommended as shorts. The information technology, materials, and consumer discretionary sectors had increased broker sentiment for the week, while health care and energy had decreased sentiment.

According to the recent TIM (Trade Ideas Monitor) report and the TIM Sentiment Index (TSI), institutional brokers became more bullish over the last five trading days as the TSI increased 12.7% from 51.96 to 58.54 (see previous post or youDevise website for additional information on the TIM report). For the five trading days ending June 25, the number of new long ideas as a percentage of new ideas sent to investment managers increased to 72.55% from 70.92% one week earlier (see last week's post). The intra-week trend was positive. Longs now represent 66.50% of all ideas in June.

As for individual securities in the U.S. and North America, Ashland Inc. (ASH), Bank of America (BAC), and Black & Decker (BDK) were the stocks most recommended as longs by institutional brokers, while Boeing (BA), Century Aluminum (CENX), and Microsoft (MSFT) were recommended as shorts. The information technology, industrial, and energy sectors had increased broker sentiment for the week, while health care had decreased sentiment.

Institutional brokers are becoming more bearish on equities over the last five trading days according to the Trade Ideas Monitor (TIM, see Hedge Funds Review article). The TIM is an application for measuring "ideas from authors (mainly brokers) to recipients (mainly buy-side clients)." (see youDevise website). Short ideas as a percentage of all new ideas sent to investment managers through TIM increased from 28.55 percent to 35.88 percent over the last five days. During the same five day period, the TIM Long-Short Index decreased 28.6% from 2.50 to 1.79, signaling more negativity on the market as a lower index reading implies that brokers are more bearish. The TIM Long-Short index measures the total number of long ideas sent to clients, compared to the total number of short ideas, with the ideas focused on market moves covering on average the next 1-3 weeks. This seems to correlate with some of the recent sentiment from technical analysts who predict that the markets may experience a short-term sell-off as they consolidate around key technical levels, even though the upward trend still appears to be in place.