Next Day Prep #302: Record High, Flat Breadth: Why the Regime Stays Cautious – Thursday 8/13/2026

The S&P 500 closed above 7,800 for the first time, but breadth barely moved off 60.7%, keeping the regime call at Cautious. The team breaks down the disinflation-driven rally, a sharp software-over-semis rotation sparked by Workday’s acquisition talk, and the setup for tomorrow’s Retail Sales print.

The post Next Day Prep #302: Record High, Flat Breadth: Why the Regime Stays Cautious – Thursday 8/13/2026 first appeared on WaveRider Markets.