SHLD

Sears Hldgs Corp

Dow Jones

What Yellen's Speech Means for the Dow Jones Industrial Average Today

The Dow Jones Industrial Average is rising ahead of trading this morning, but all eyes will be on Fed Chair Janet Yellen as she speaks at the Fed's annual Jackson Hole summit today…

Dow futures are up 39 points this morning, and we don't expect the Fed will slow stocks down today.

Here's a look at today's most important market events and stocks, plus a look at today's economic calendar...

Stocks

SHLD and KSS Are Perfect Examples of This Rally's Effect

On Wednesday, I covered what makes these markets look safer than they really are.

They're being led ever higher by behemoth leadership stocks while the VIX plumbs ever-lower lows. Investors are doing very little hedging. Some of the brick-and-mortar retail companies we've targeted are getting an extension put on their death sentence as they're being lifted with the rising tide.

But that doesn't mean that these companies are suddenly better. And it doesn't mean that the positions you are already in that are preparing for their demise are now worthless.

Far from it.

Here's what the VIX is missing, and how our positions in SHLD and KSS have been affected...

Dow Jones

Dow Jones News Today: Stocks Flat Ahead of Alphabet's Earnings Report

The Dow Jones news today will focus on the busiest week of earnings this quarter and the next FOMC meeting starting on Tuesday.

Alphabet Inc. (Nasdaq: GOOGL) will cap off today's second-quarter earnings report. Google's parent company will release its quarterly report after the bell.

Here's a look at today's most important market events and stocks, plus a look at today's economic calendar...