10 January 2023 – 09:18 Central Euro Time

Both Silver and Oil are at present below their Neutral Zones for today; none of the other BEGOS Markets are above same, and volatility is notably light. For the Spoo, we view yesterday as a failed rally, price being +60 points intraday only to finish “unch”; by Market Trends, that for the Spoo continues to be negative as it has been these past three weeks, albeit rising the “Baby Blues” of trend consistency depict the negativity as been less so; by Market Values, the Spoo (3907 in real-time) is some 70 points below its smooth valuation line, (which in the broader picture is basically noise). Still, the “live” P/E of the S&P remains extremely high at 37.4x, with Q4 Earnings Season now underway, which can be tracked on our page. November’s Wholesale Inventories come due for the Econ Baro.