So much for thinking the last week in August will be a quiet one on Wall Street.
The tech-focused Nasdaq Composite (^IXIC) topped the 8,000 point mark for the first time on Monday.
And just Tuesday:
- The S&P 500 (^GSPC) crossed 2,900 for the first time.
- Best Buy Co. (BBY) - Get Report fell after the electronic retailer's third-quarter earnings guidance came in below analysts' forecasts.
- Tiffany & Co. (TIF) - Get Report rose after second-quarter earnings easily topped estimates. The stock was Real Money's 'Stock of the Day' as a result.
Lululemon shares are up 70% since March. Real Money columnist Stephen "Sarge Guilfoyle details how you should be getting into the stock at this point.
And while Ulta is expected to deliver a year-over-year increase in earnings on higher revenues, we may see some decreases in its bricks-and-mortar store sales. Online is improving, though, and could make up the difference.
As TheStreet's founder Jim Cramer always points out, the "selfie generation" always wants to look good.
Let's see if Ulta benefits from that.
Plus Friday is the last trading day of the month.