Simple Quantitative View of Goldman's VIP List Points to Some Other Long Ideas

Stephen Castellano submits: Last Monday we introduced six long and five short "focus list" ideas generated using the same framework as the Ascendere Long/Short Model Portfolio.

Market Folly submits:Given the recent market downturn and ramp up in volatility, it should come as no surprise that hedge funds have been unwinding risk as of late. Bank of America Merrill Lynch's newest hedge fund monitor report gives us a look at their exposure levels and we see that long/short equity funds have very low net long exposure. However, they have been boosting exposure to inflation plays, growth, and emerging markets.

In Brief The Cornerstone Growth Screen is an impressive growth screen which combines relative strength, earnings consistency and a price-to-sales value measure. Background  O'Shaughnessy wrote the seminal 1996 book quot;What Works on Wall Street”.

Market Folly submits:Goldman Sachs is out with an updated research note on shares of Apple (AAPL) pending the news that CEO Steve Jobs has taken another medical leave of absence. Today we are focusing on AAPL on the site because according to Goldman, it is the most important stock to hedge funds.

Stephen Castellano submits: Weekly Long/Short Focus List as of March 26, 2010 Our highlighted stocks continue to anticipate major ratings and estimate changes by a number of sell side shops, as illustrated in our March 17 report, "Goldman Sachs and Nostradamus versus Simple Quantitative Models and Common Sense."

Stephen Castellano submits: Every minute there is a new piece of information coming to light in the stock market, and every minute the picture changes. Most of it is just noise, perhaps amplified by programs chasing patterns or slow-moving bureaucratic investment committees.

Market Folly submits:Below you will find Credit Suisse's latest monthly report on the hedge fund industry. This report is a bit different than other documents we post here at Market Folly because it is more-so focused on the industry in general as it details sections on the investor's perspective, risk management, and various marketing strategies hedge funds are using.

Market Folly submits:We're back with this week's edition of Bank of America Merrill Lynch's hedge fund monitor report. Last week, their report focused on how hedge funds continued to de-risk. This time around, we see that the de-risking trend continued as hedge funds sold equities, oil, and the euro.