The JPY is the strongest and the CAD is the weakest as the last day of the month is upon us. The major averages in the US are at 7 week highs. The Dow has its best since October (up 5.7%). The S&P is up around 7.6% in July. The Nasdaq is up 10.3% in July.

The Apple and Amazon were better than expectations. Intel missed on top and bottom line. Apple is trading at $161.54 after closing at $157.39 yesterday. Amazon is trading at $135.89 after closing at $122.26 yesterday. Intel is trading at $35.20 after closing at $39.71 yesterday. Chevron reported and is up on the day. Procter and Gamble is lower after their earnings. Exxon Mobile is higher after stronger earnings and trades at $94.75 vs $92.64 at the close yesterday.

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