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On today's edition of "MarketFoolery," the daily podcast from The Motley Fool, we discuss the following topics:

Uncle Sam has reached new heights, just not the good, we-just-landed-on-the-moon type of heights. No, today the federal government officially hit the $14.3 trillion debt ceiling. So what is the practical impact for investors?

J.C. Penney (NYSE: JCP) reported better-than-expected earnings thanks to strong sales of its exclusive merchandise as well as some cost-cutting. If shares of J.C. Penney up around 40% over the past year, why are our analysts down the company?

Walt Disney (NYSE: DIS) has filed its trademark application for "Seal Team 6." Does this mean future competition for Hasbro's (NYSE: HAS) G.I. Joe? And what are the chances Disney's application is denied? A special guest joins the conversation to help us wade through the legal jungles.

Listen now on Fool.com