Morning Dose #319: Record Close, Cooling Inflation, and a Software Baton Pass – Friday 8/14/2026

Episode summary

The S&P closes above 7,800 for the first time as broadening market breadth and falling hike odds fuel the rally, even as a surprise retail sales miss adds a wrinkle. The team breaks down sector rotation from semis into software and lays out today’s key trade levels and game plan around the 10 a.m. Michigan sentiment print.