SPY will finish above $775 as S&P hits record highs

SPY will close above $775 on August 14. Traders will point to a bulging S&P 500 that climbed to a new all-time high of 7,816.70 and that closed at 7,798.99 on the New York Stock Exchange on August 14. The session will finish up 50.49 points or 0.65 percent, and semiconductor leaders SanDisk and Mic…