Succinct Summations week ending July 26, 2013. Positives: 1. Dow is Positive for 5th consecutive week; S&P climbs to ~flat 2. U.S. new home sales rise to a 5-year high at 8.3% 3. June durable goods orders at 4.2% way above expectations of 1.4% 4. French manufacturing index rose to a 17-month high. 5. U Mich consumer sentiment 85.1 in July is highest level in six years 6. Apple, a heavily owned stock, beat analyst expectations (+~3.5%) 7. Durable goods orders were buoyed by a 31.4% rise in aircraft orders. 8. Euro-area manufacturing expanded in July for the first time in two years! 9. U.S. July flash factory PMI rose ... (full story)