Record highs continue for the S&P 500, yesterday achieving 7369: the futs-adj’d “live” P/E at this moment is 46.7x and the yield is down to 1.076%. Presently, both Gold and Silver are above today’s Neutral Zones; otherwise, the rest of the BEGOS Markets are within same, and volatility is light. By Market Trends, we’ve positive 21-day linregs for the Swiss Franc, Copper, Oil and the Spoo; thus they are negative for the Bond, Euro, Gold and Silver. Oil yesterday settled below its Market Magnet for the first time since 20 April as well as below its smooth valuation line for the first time since 27 April, both suggestive of still lower prices near-term; Oil’s best Market Rhythm for pure swing consistency is its 30mn Moneyflow. The Econ Baro’s incoming metrics include March’s Consumer Credit and Construction Spending, plus the latter’s (delayed) for February, and the initial read of Q1’s Productivity and Unit Labor Costs.