All eight BEGOS Markets are at present inside their respective Neutral Zones for today, session volatility being light. By Market Ranges’ EDTRs, all eight are narrower than they were both a day ago and a week earlier. Amongst the five primary BEGOS components, the best correlation currently is negative between the Bond and the Spoo; indeed by Market Trends, the Bond’s positive linreg is of the highest consistency (+87% in real-time) of all the components; the balance of the bunch find their “Baby Blues” (of trend consistency) lacking conviction regardless of current linreg direction. Our most steadfast Market Rhythm on a 10-test basis has been Gold’s 2hr Parabolics, whilst on a 24-test basis ’tis the Swiss Franc’s 4hr Moneyflow. The “live” (futs-adj’d) P/E of the S&P 500 is 46.6x and the yield a scant 1.140% (vs. that annualized for the 3mo T-Bill of 3.588%). The sole metric due today for the Econ Baro is the prior week’s Initial Jobless Claims, ahead of wholesale inflation for January (PPI) to be reported tomorrow. And two days remain in Q4 Earnings Season.