right now and fast the Fed still worried about inflation the market

falling for the ninth time in the last 12 trading days and rates keep on

climbing the 10 year now with its highest yield since last October is a

summer slump about to pick up steam will debate that plus full steam ahead

full stream ahead well in your TV TV's numbers keep tumbling the streamers

are crushing it so who besides netflix is ready to turn those eyeballs into

profits will go inside the numbers and later the growing bidding war for U.S.

steel test is awful august rolls on and the casino stocks

crapping out after a monster heater I'm Melissa Lee this is fast money life

and then as I can market site on the desk tonight Karen Feinerman guide

Tommy Tim Seymour and Steve Grasso and we start off with a surprising

reaction to a pretty disappointing earnings report shares of target rising

nearly 9% immediately after posting Q2 results the stock closing off those

highs but still up nearly 3% on the day the move despite some big negatives in

the numbers the company reporting its biggest revenue drop in seven years

it's for same source sales decline in six it also slash fully your revenue

and profit guidance is it struggles to rebound from its pride product backlash

to drop in consumer demand still even with today's gains target as far

underperforming its retail peers down over 13% this year versus double

digit gains for the likes of Walmart which reports tomorrow morning so does

targets warning raise a red flag for the entire consumer space or just say

targeted issue

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