TIM Report: Markets Mixed, But Sentiment Becomes More Bullish

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.

Comments

[Ames Tiedeman:]

This bullishness is relatively misplaced. When a second half recovery fails to materialize, what then?

Jun 28 10:52 AM

[Archman Inv...:]

No one should be listening nor believing a single thing that come out of anyone's mouth who is an "institutional" anything.

Institutional, wether it be investment banks, brokers, mutual funds, et al, have no ones best interests in mind except themselves.

Always has been, always will be.

As always I believe in telling people what they need to hear not what Wall Street and the financial media wants you to hear.

Jun 28 11:35 AM

[Gary A:]

It is laughable that tax revenue is down, that credit card limits are cut, and that household wealth is decimated, yet spending remains robust. How is that done, with smoke and mirrors? Perhaps the government is lying to get everyone to think all is well. That is my take.

Jun 28 11:50 AM

[Gary A:]

It is laughable that tax revenue is down, that credit card limits are cut, and that household wealth is decimated, yet spending remains robust. How is that done, with smoke and mirrors? Perhaps the government is lying to get everyone to think all is well. That is my take.

Jun 28 11:50 AM

[Northstar10000:]

You don't need smoke and mirrors. You just need the most stupid voters on earth who believe Obama is god. He just speaks and all truth is there for full viewing. I know most people say he is very smart, he seems nervous and clueless to me. Of course most idiots fell for his magic and voted him in. Tough to admit your an idiot when reality is looking right in the smacker.

Jun 28 07:59 PM

[tailspin:]

My mama always reminded me, show me who your friends are, and I tell you who you are. She would not have allowed me to play with Obama.


On Jun 28 07:59 PM Northstar10000 wrote:

> You don't need smoke and mirrors. You just need the most stupid voters
> on earth who believe Obama is god. He just speaks and all truth is
> there for full viewing. I know most people say he is very smart,
> he seems nervous and clueless to me. Of course most idiots fell for
> his magic and voted him in. Tough to admit your an idiot when reality
> is looking right in the smacker.

Jun 28 10:26 PM