While Index Volatility Has Abated, Goldman's Traders Note "The Pain In Market 'Themes' Has Been Extreme"

Halloween this week; The Fed this week; Big earnings this week, and China-US meetings continue this week... top Goldman Sachs trader Brian Garrett says it's "time for some prep."

Investors are starting to cover, but it wasn't enough to impede the market's progress in clipping fresh all time highs (gross is now, literally, off the page)...