In Wednesday's edition of Investor Beat, host Alison Southwick and Motley Fool analysts Jason Moser and Matt Argersinger dissect the hardest-hitting investing stories of the day.

Minutes from the Fed's July meeting came out Wednesday and no one knows what to think about it, let alone the market, as fears of stimulus tapering grow. In today's lead story from Investor Beat, Jason and Matt explain why individual investors should embrace the taper as an opportunity to buy some great companies at a discount.

Also in today's installment, our analysts take a look at four retailers that made big moves Wednesday. Not all retail is created equal as quarterly earnings reports continue to show. Target and Staples missed analyst expectations and the stocks took a hit, while Lowe's saw a bump after reporting that second-quarter earnings jumped 26%. PetSmart met revenue estimates and raised guidance for the year, but still took a hit because of declining same-store sales.

Finally, Jason and Matt explain why they're keeping a close watch on shares of Pandora and Gap.