"Anxiety And Paralysis Dominate Conversations": Goldman Prime's Top Report On Trader Flows And Positioning

One month ago, Goldman's Prime Brokerage, arguably the bank's most actionable client-facing division which keeps daily tabs on all the latest hedge fund activity, introduced the inaugural edition of the US Equities Weekly Rundown: a weekly must-read compilation that aims to consolidate the latest positioning and flows intelligence, market themes, and actionable ideas from thought leaders and risk takers across the GS franchise. It is an indispensable piece for every serious trader, and below we excerpt from the latest full report for the benefit of our premium and professional readers (the full note is available to pro subscribers).

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US stocks fell on Friday but still managed to record a modest gain for the S&P 500 this week, as market participants digest a drop in consumer confidence and the first set of Q3 earnings reports with Banks in focus. Obesity Drugs, Commodity Sensitive, and Bond Proxies were among the top gainers, while Most Short, Non Profitable Tech, and Low Profit R2K underperformed.