With the Fed Chairman appearing again in Washington, markets are set for a steady open Wednesday morning.
For now, there's nothing wrong with watching from the sidelines and letting the selling run its course.
Expectations are high for Michael Kors, Fossil and Abercrombie, even after recent gains.
Stocks are higher with the Dow narrowly underperforming the Nasdaq and S&P after Wednesday's big run-up.
Also, German economic sentiment drops.
Shares fall nearly 13% as investors continue to be skeptical about CEO Ron Johnson's turnaround strategy. To entice shoppers during the holidays, Penney will give away buttons with codes that could lead to prizes such as a Disneyland trip.
The market's tumble Wednesday following the president's reelection offers a fresh and real chance to ride the bull market.
VIDEO ON MSN MONEY
Copyright © 2013 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
Home Depot's CEO says home improvement sales are directly tied to the value of homes.
The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
MONEY & POLITICS
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
The IRS is struggling to combat identify thieves who file fraudulent tax returns in the names of older residents who don't need to file.