StateSide physical bourses are closed in recognition of tomorrow’s holiday; however, the BEGOS Markets are again in a two-day session (with a trading halt today at 17:00 GMT) for Monday settlement. And save for the Bond, the seven other BEGOS components presently are up, six being above their respective Neutral Zones; the Bond and Oil are within same, and session volatility already is mostly moderate. Gold has done quite well after bottoming a week ago in and around Fair Value: more on the metals in tomorrow’s 868th consecutive Saturday edition of The Gold Update. The Spoo for the second time in the past three weeks has reversed its negative linreg (see Market Trends) back to positive; ’tis been our sense that the S&P 500 is into a -10% correction down toward the 6800s, yet money keeps flowing back into the Index, even as the “live” (futs-adj’d) P/E is at this moment an excessively high 46.6x. A Happy, Safe & Sane Fourth to our StateSide mates!