In this episode of First Call, Tony Battista and Victor Jones discuss the current bullish trend in the S&P 500, which has risen sharply despite previous market turmoil. Battista emphasizes the importance of adjusting positions with less exposure as volatility decreases. They also touch on upcoming earnings, the quiet period for Circle, and the significance of the jobs report expected Thursday. Nick Battista joins to analyze market trends, positioning in various stocks, and the low-volatility environment, concluding with insights on gold and other metals.