Including today's earnings beat of 48%, Alcoa is averaging a 43% positive surprise on its bottom line over the past 5 quarters.

Somewhat less than three years ago, I wrote two articles on Behemoth stocks which I define as stocks with over $100 Billion of market cap. Today I want to revisit those stocks, and those that have joined them.

Sep E-mini S&Ps (ESU14 +0.32%) this morning are up +0.29% on a +1% recovery in the Euro Stoxx 50 index and a +1.8% recovery in Russian stocks.

The Dow Jones Industrial Average recently closed above 17,000, a historical record and milestone.

There are various ways to assign value to stocks, but the one I fall back on the most is a stock's price-to-earnings ratio, also known as the P/E ratio. Don't be fooled, these five stocks are great values: AAPL. JNJ, UTX, MCD, AZO.

Thank you Madam Chairwoman! Not that Yellen said anything of substance but that won't stop her from saying it again this morning (9:30) so let the rally continue – for another day, at least.