At present we’ve only Silver outside (above) its Neutral Zone for today; BEGOS Markets’ volatility is again light. Looking at correlations amongst the five primary BEGOS components, our best currently is positive between the Euro and Spoo, both of which have firmly been relentlessly up month-over-month; indeed at Market Trends, the “Baby Blues” of linreg consistency for both markets are essentially “crawling across the ceiling”. The “live” P/E of the S&P 500 is (futs adj’d) 44.9x and the yield 1.237% vs. 4.223% annualized on the U.S. 3mo T-Bill; too, the S&P is now seven consecutive trading days “textbook overbought”. Given the StateSide holiday tomorrow, we’ve eight incoming metrics for the Econ Baro, including June’s Payrolls data and ISM(Svc) Index, plus May’s Factory Orders and Trade Deficit. The BEGOS Markets resume trading at their usual time tonight, but with settlement for Monday, (07 July), inclusive of the trading halt late tomorrow.