Matt Frankel

The Strait of Hormuz is closed.

If that lasts, then $100 oil is not out of the question.

I'm with Lou.

Yes, I see opportunities in the market, to answer your question.

They're the same opportunities that were on my watchlist yesterday.

It's a broad sell-off.

Most of the things on my watchlist are down in the 3% to 5% ballpark today.

One of the most important skills I like to emphasize for investors to have is to be okay with doing nothing.

When this kind of stuff happens, I've said before, I wake up and I look at my brokerage account and I turn it off and I say, today's a great day to do nothing.

It's a tougher skill to acquire because people want to rush in before things go cheaper or sell before things get any worse.

Being okay with doing nothing prevents you from making knee-jerk decisions.

If something was an opportunity 5% ago, it's still going to be an opportunity when it comes back.

Their full-year guidance is impressive.

It suggests that we might be turning a corner here.

I love the leadership change.

If I remember correctly, Travis, you live pretty much close enough to Target's headquarters to see it from your window.

I do.

I wonder if you agree with me that I think Target has a relatively short window of opportunity to avoid becoming the next Kmart.

I don't think they're going to go out of business and start doing blue-white specials and things like that, no.

But all the things that used to differentiate it from other big-box retailers, specifically Walmart,