Similar to this time yesterday, ahead now of StateSide wholesale inflation, all eight BEGOS Markets are within today’s Neutral Zones, and volatility is light. At Market Trends, the Spoo’s “Baby Blues” for trend consistency are looking to cross their 0% axis as the linreg rotates from positive toward negative; technically for the S&P 500 itself, the daily parabolic trend, MACD and Moneyflow standard studies have all taken a negative bent; the Index’s “live” P/E (futs-adj’d) is 45.2x and the yield 1.387%. Gold (not unexpectedly) has mildly come off both its All-Time High (2385) and our year’s forecast high (2375): current price is 2354; Gold’s Market Magnet settled last evening at 2307; and by Market Values, Gold’s smooth valuation line is notably lower at 2179. Again today’s incoming metrics for the Econ Baro include March’s PPI.