The volatility of yesterday has notably quieted into today, Oil being the sole BEGOS Market at present outside (below) its Neutral Zone, and overall session volatility is thus light to this point. An interesting observance from yesterday’s +1.7% gain in the S&P 500: as measured by Moneyflow, just two stocks (MU and NVDA) accounted for some +50% of the Index’s gain; otherwise the breadth for the session was 51% up and 49% down, the point being just as two stocks can easily drive the S&P up, they also can drive it well down. Oil’s cac volume is rolling from July into that for August at a discount of -1.30 points; by Market Values (in real-time), Oil is -16.68 points below its smooth valuation line; and by Market Rhythms for pure swing consistency, Oil’s best on a 10-test basis has been the 4hr Price Oscillator, whilst on a 24-test basis ’tis been the 2hr MoneyFlow. For the Econ Baro today we’ve May’s Housing Starts/Permits and Ex/Im Prices.