'Long, With A Cheap Hedge' - Top Goldman Trader Sees Tactical Risk/Reward Getting A Lot Tricker From Here

Stock operators enjoyed some surprisingly good fishing this summer, and it was a notably busy one at that according to Tony Pasquariello, Goldman Sachs head of hedge fund coverage.

S&P rallied 34% off the low print in April, has generated a YTD total return of 11% and sits just below the dead highs.