Kenny Polcari recaps key market moves over recent weeks to explain how earnings reinforce market strength for Big Tech and beyond. However, brace for volatility, as Kenny points out that August tends to be a low volume month that attributes to bigger-than-expected swings. Something else to watch for: "bad news is good news" becoming "bad news is bad news" for the Fed. Kenny explains that while last week's negative jobs print suggests greater likelihood for interest rate cuts, it will come back to bite if trends continue. That said, he tells investors to stay in AI names, making the case that the trade is far from over.