03 February 2026 – 08:38 Central Euro Time

The two EuroCurrencies and the Metals Triumvirate all are at present above today’s Neutral Zones; Oil is below same, and session volatility for the BEGOS Markets is light-to-moderate. Yesterday had the “Baby Blues” of regression trend consistency (see Market Trends) for both Gold and Silver settle beneath their respective +80% axes, meaning both metals’ trends remain up, but are weakening such that bounces as we’re seeing today don’t necessarily preclude still lower prices near-term. By Market Profiles, the most volume-dominant overhead resistor for Gold is 5119 and for Silver 93.50. And by its Market Value, Gold in real-time (4937) is +371 points “high” above its smooth valuation line. Nothing is due today for the Econ Baro. For Q4 Earnings Season, 160 S&P 500 constituents have thus far reported with 115 (72%) having improved their bottom lines from Q4 year ago, which is an above-average pace. However, the “live” (futs-adj’d) P/E remains extremely high at 47.9x with the yield a lowly 1.132%; that for the 3mo T-Bill annualized is 3.578%.