At present the Bond is below its Neutral Zone for today, whilst above same is the Euro; the BEGOS Markets’ volatility is mostly moderate. The Gold Update cites the anticipated fall having commenced for the yellow metal; as written: “…should the present selling become more substantive … ‘twould be reasonable to find price reach down into the 2703-2641 zone…” By Market Values, Gold — after having been better than +200 points “high” above its some valuation line — is now +56 points “high”. Notably too by that same metric, the Bond remains nearly +4 points “high”, the Euro basically in line, Oil -4.55 points “low” and the Spoo -104 points “low”. Despite the S&P 500’s +1.6% Friday rally, the Index is actually mildly “textbook oversold”; more meaningfully however, the overall weak level of earnings doesn’t support the “live” P/E of 44.0x. Q4 Earnings Season is complete with 69% of the S&P’s constituents bettering their bottom lines from Q4 a year ago, an above-average showing over 66% for the past eight years. The Econ Baro begins its week of 15 incoming metrics with February’s ISM(Mfg) Index and January’s Construction Spending.