gerri, thank you. let's bring in today's market panel. jonathan hoenig. adam johns, "bullseye brief" author. jonathan, let me start with you. this is classic. it is all about execution. the companies on the conference call, oh, the trade wars. target is firing on all cylinders. i shop there at least once a week, probably more. i'm probably responsible for that beat. people have a lot of money to spend or a little money to spend, all bankruptcy love target. it is about execution, right? >> to your point, melissa, they have executed, especially we're seeing winnowing effect in target. the stock isp 25% kohl's, macy's, jcpenney, those names have not executed. their stocks are down 40% to 60%. this positive news for target, stock reflecting it. this is winnowing of free market. separating wheat from the chaff. to your point, ones delivering, ssa: totally. adam, target is one of the companies blaming what is going on with china, it is in theory a discount location they're trying to get in, stop cheaper end of the spectrum, less expensive. might be more likely to source in china. no, they're beati