To The Moon

Following the Fed's moves, the People's Bank of China has jumped on the easing bandwagon too. Last week, U.S. markets showed strong technical demand, while this week, there's a huge bullish appetite in China and emerging markets.Over in the U.S., the $S&P 500(.SPX)$ hit a new high last Thursday, and there's an initial rotation back into tech stocks. However, small caps have struggled since the Fed's rate cut. $S&P 500(.SPX)$Looking ahead, Goldman Sachs' chief trader and hedge fund research head, Tony Pasquariello, sums up investors’ dilemma: to chase the rally or not to chase?Pasquariello remains confident that the overall trend is upward, even though much of it is already priced in. There are two

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