Morning Notes – Thursday May 13, 2021

Directional Bias For The Day: S&P Futures are higher The odds are for an up day¬† with elevated volatility – watch for a break above 4177.25 and break below 4037.25 for clarity Key economic data report due during the day: PPI ( 0.3% est.; prev. 1.0% ) at 8:30 AM Core PPI ( 0.4% est.;…