26 October 2022 – 09:16 Central Euro Time

The Bond, Gold, Silver and Copper all are at present above their respective Neutral Zones for today; the balance of the BEGOS Markets are within same, and volatility is light-to-moderate. With 130 S&P 500 constituents having thus far reported for Q3, 57% have improved year-over-year; our “live” P/E (futs-adj’d) is 35.1x and the yield is 1.714%; five-year money is 4.257%. An intriguing Market Rhythm of late is the Yen’s 4-hour Parabolic study: since mid-August it has the best “r-squared” of swing profit consistency per the 405 studies we calculate each night. A day ahead of Q3 GDP — which by the Econ Baro may well be positive — we’ve September’s New Home Sales.