02 May 2025 – 08:38 Central Euro Time

Save for the Bond which at present is inside its Neutral Zone for today, the seven other BEGOS Markets are above same; session volatility is moderate. Going ’round the Market Values horn in real-time for the five primary BEGOS components: the Bond shows as essentially on its smooth valuation line, the Euro as +0.0393 points “high”, Gold as +180 points “high”, Oil as -6.56 points “low” and the Spoo as +160 points “high”. The S&P 500 itself week-to-date remains “textbook overbought” and the futs-adj’d “live” p/e is 43.0x; on the S&P’s monthly chart, its MACD confirmed a negative crossing as May got underway: the last such negative crossover occurred in April 2022 leading to a more than -1,000 points (-14.5%) decline into November. ‘Tis April’s Payrolls day for the Econ Baro, along with March’s Factory Orders.