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Macy's and Kohl's earnings post mortem: NYSE trader

We've been talking about earnings over the last few weeks, and it's been mostly upbeat ... until the retailers reported this morning. Macy's disappointed on both the top and bottom lines, Kohl's was mixed, later, we hear from Nordstrom after the bell, and JC Penney reports tomorrow. Yahoo Finance's Alexis Christoforous is joined by Alan Valdes, director of floor operations at Sliverbear, to discuss.