Stock market weekly close with the Nasdaq printing an all-time high at 29,347 and SPX closing at 7,419. But investing through this rally means understanding what is underneath it: low volumes, a ceasefire holding on paper while both sides violate it, oil prices pinned at $95, and the dollar only halfway back from wartime highs. Chris Vecchio and Ilya Spivak break down the AI capex catchup trade thesis, why pension funds and endowments are not participating in this move, why the jobs report was goldilocks enough to keep the Fed on hold, and what CPI next week means for positioning heading into the weekend. Helpful links: tastylive: tastylive.com FREE tasytlive Newsletters: info.tastylive.com/newsletters FREE Options Strategy Guide: tinyurl.com/bp9ms763 Follow tastylive on X (Twitter): x.com/tastyliveshow CHAPTERS: 00:00 Market Close: Nasdaq Up 2.1%, SPX Up 56 Points 00:33 Russell and Dow Lagging, Mag 7 ETF Hits New All-Time High 00:41 Oil at $95:...