All three of the major indexes (^DJI,^GSPC, ^IXIC) ended Monday higher. Most investor attention is focused on Federal Reserve Chairman Jerome Powell's speech at the Jackson Hole Economic Symposium on Friday, of which Wells Fargo Senior Economist Tim Quinlan argues that Powell has a tough line to walk.

Meanwhile, LPL Financial Chief Global Strategist Quincy Krosby explains why a key labor data revision that occurs ahead of the speech shouldn't be overlooked.

Also in the show, Hennessy Stance ESG ETF portfolio manager Bill Davis explains why he's not a fan of Tesla (TSLA). Citi managing director Jason Gursky gives his advice for how to play the defense sector now, and Williams Trading equity analyst Sam Poser tells viewers why he upgraded Nike (NKE) to a Buy.

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