The S&P settled above 7000 yesterday at a record closing high of 7023, (intra-day 7026); the “live” (futs-adj’d) P/E is now 47.6x and the yield 1.126%, (that for the 3mo T-Bill annualized is 3.612%). At present for the BEGOS Markets, both Silver and Copper are above today’s Neutral Zones, the balance of the bunch being within same; session volatility is again light. By Market Values, the Spoo (in real-time) is +327 points above its smooth valuation line; the MoneyFlow for the S&P has notably improved so far this week; however by our broadest measure (63 days, i.e. one quarter), the Flow finds the Index +607 points too high. Cac volume for Oil has rolled from May into that for June with priced discounted by -2.80 points. And the Econ Baro completes its early week with metrics including April’s Philly Fed Index and March’s IndProd/CapUtil.