Morning Note | Aug 11, 2023 | A Look At IHIT And DMA

Aug 11, 2023

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Good Morning!

Markets are on track for their second losing week in a row with mixed readings following the hotter-than-expected PPI (wholesale inflation) report. The weekly decline is now large (-0.4% for the S&P) but technicals are showing the markets are a little tired. Important support is at the 4,300 level.

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