16 September 2025 – 08:43 Central Euro Time

The EuroCurrencies and the Spoo are presently above their respective Neutral Zones for today, whilst below same is Copper; volatility is light-to-moderate. To be sure, the Spoo’s “Baby Blues” (see Market Trends) are now in a fifth trading day of ascent after having declined (as herein written) the six prior sessions which (save for 02 September) essentially found price on the rise: ’tis unusual, that, which is why our deMeadville analytics ought always be judged in context with one’s own financial assessments of trend, etc.; indeed the 21-day linreg trend of the Spoo has been positive from 29 April-to-date. The S&P 500 itself now sports a “live” (futs-adj’d) P/E of 47.3x, the Index as well characterized as “extremely textbook overbought”. Oil’s cac volume is rolling from October into that for both November and December. And ’tis a busy day for the Econ Baro with September’s NAHB Housing Index, August’s Retail Sales, Ex/Im Prices, and IndProd/CapUtil, plus July’s Business Inventories.