There are at least 27 different Information Technology ETFs and at least 186 ETFs across all sectors. Do investors need that many choices? How different can the ETFs be? Finding the best ETFs is an increasingly difficult task in a world with so many to choose from.

Dana Telsey, Telsey Group CEO, says investors need to be selective when choosing retail stocks, and reveals those companies that are likely to ring up the most sales. Also Telsey has the update on JC Penney's turnaround story