7/23/2013 Morning Blog

China started things off last night and decided to inject capitol in their markets if they slowed below 7%. This rallied Asia which spread to Europe and now the US. NFLX disappointed after the close and was almost immediately forgiven and began to recover very similar to GOOG - Looks like they can do no wrong. There are a slew of earnings before and after the bell, AAPL being the big one, if AAPL is like GOOG and NFLX they will give it a pass and look toward new product development in the back to school season which is quickly approaching.