Equities consolidated the past 2 days, healthy digestion of 3% MTD gains. Probabilities favor stocks rising post-July FOMC rate decision.

VIDEO: For the last 2 days markets open higher but close down for the day.  To us, this is equities consolidating after being up 3% for the month and it is healthy.  We think July FOMC rate decision is probably a positive catalyst.

Please click below to view our Macro Minute (duration: 3:46).

For the past 2 days, equities have risen at the open, only to see stocks fade through the day and close down. This is what Mark...

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