Hosts Tom and Tony welcomed researcher Kai to discuss a week where markets ignored mixed economic news and continued rallying toward new highs, highlighted by Oracle's historic 36% earnings surge that ranks as the 4th largest single-day gain in stock market history. The move added $244 billion in market cap, surpassing Google's entire previous week gains and pushing Oracle near $1 trillion valuation. Friday's SPX intraday range compressed to just 0.3% (roughly 20-27 points), occurring less than 1% of the time historically and making zero-day trades extremely difficult to execute. Tom emphasized that volatility represents the "cheapest thing in the world" with everything else expensive, though he avoids direct volatility products preferring to get short the S&P instead. The upcoming week features Fed rate decision Wednesday and triple witching Friday, with expected moves continuing to shrink (only 60 SPX points expected) as the market enters an extremely low volatility regime reminiscent of 2017.