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 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.

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) 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.

According to the recent TIM (Trade Ideas Monitor) report and the TIM Sentiment Index (TSI), institutional brokers became less bullish over the last five trading days, trending towards neutrality by the end of the week (see previous post or youDevise website for additional information on the TIM report). For the five trading days ending June 18, the number of new long ideas as a percentage of new ideas sent to investment managers declined to 70.92%, compared to 73.66% one week earlier (see last week's post). The intra-week trend was positive. Longs represent 64.92% of all ideas in June.

As for individual securities in the U.S. and North America, the US Natural Gas Fund (UNG) and Endo Pharmaceuticals (ENDP) were the stocks most recommended as longs by institutional brokers, while General Electric (GE), CEMEX (CX), and Palm (PALM) were recommended as shorts.

Once again, the TIM Report appears to be an interesting idea and new source of data. I will continue to monitor it to determine its use for trading - i.e., whether the data is too lagging, or has some leading information, or whether is can be used as a contrarian indicator.

According to the recent TIM (Trade Ideas Monitor) report, over the last five trading days institutional brokers have switched from being bearish to being more bullish on equities (see previous post or youDevise website for additional information on the TIM report). For the five trading days ending June 11, the number of long ideas as a percentage of new ideas sent to investment managers increased 73.66%, compared to 58.65% one week earlier. Longs represent 67.03% of ideas in June.

The TIM Long-Short Index, measuring the total number of long ideas compared to the total number of short ideas sent to clients, increased 97.2% after recently falling. As for individual securities, JetBlue (JBLU), Intuit (INTU), and Gymboree (GYMB) were the stocks most recommended as longs by institutional brokers.

On the surface, the TIM Report appears to be an interesting idea and new source of data. While I am not yet sure if the data will be too lagging for investment/trading purposes, I am interested to learn how this new source of data can be used, and will therefore be tracking it while available.

According to the recent TIM (Trade Ideas Monitor) report, over the last five trading days, institutional brokers are continuing to becoming more bearish (see note below, previous post, or the youDevise website for additional information on the TIM report). For the five trading days ending June 4, the number of short ideas as a percentage of new ideas sent to investment managers increased 41.35%, compared to 35.88% just a week ago. The TIM reflects which direction brokers are expecting a stock to move over the next 1-3 weeks. The TIM Long-Short Index, measuring the total number of long ideas compared to the total number of short ideas sent to clients, decreased 35.4%, further highlighting negativity and bearishness from brokers. As for individual securities, Palm (PALM), Freeport McMoran (FCX), and Petroleo Brasileiro (PBR) were the stocks most recommended as shorts by institutional brokers.

Note: The Trade Idea Monitor (TIM) is an application for measuring "ideas from authors (mainly brokers) to recipients (mainly buy-side clients)" (see youDevise website). It is used by institutional brokers to send long and short equity and ETF trade ideas to clients. The TIM Report is based on the number of real-time equity trading ideas sent to over 4,300 equity sales people, sales traders, and analysts at over 300 institutional brokerage firms to more than 100 hedge funds, quant funds, and investment managers.