According to the recent TIM (Trade Ideas Monitor) report and the TIM Sentiment Index (NYSE: TSI [1]), 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 [2] or youDevise [3] 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 [4]). 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. (NYSE: ASH [5]), Bank of America (NYSE: BAC [6]), and Black & Decker (NYSE: BDK [7]) were the stocks most recommended as longs by institutional brokers, while Boeing (NYSE: BA [8]), Century Aluminum (Nasdaq: CENX [9]), and Microsoft (Nasdaq: MSFT [10]) were recommended as shorts. The information technology, industrial, and energy sectors had increased broker sentiment for the week, while health care had decreased sentiment.