Morning Notes – Thursday August 12, 2021

Directional Bias For The Day: S&P Futures are higher a bit before the 8:30 AM economic reports release; The odds are for a sideways to a down day¬† — watch for a break¬† above 4444.25 and below 4430.00 for clarity Key economic data report due during the day: PPI ( 0.6% est.; prev. 1.0%) at…