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It's Wednesday, January 18th, welcoming the market foolery. I'm Chris Hill joining me in studio today for a million dollar portfolio and the

Explorer the brand new service from the Motley Fool. Mr. Simon Ericsson thanks for

being here man. Chris it's always a pleasure thank you for having me. We got a lot

going on we've got data storage. We're going to dip into the full mail bag and forget Snapchat. We've got another impending IPO that we're fired up about. But let's start with the big news from the retail industry

target coming out this morning warning that holiday sales were weaker than

expected calms down 3% and shares of Target falling more than 5% so far. This is not, this is bad because

this is not some fringe retailer or niche retailer.

This is a behemoth when it comes to general retail.

And if Target's having this kind of holiday quarter,

that doesn't bode well.

Yeah, a soft holiday sales this year.

Are we buying less chris, or were we not as good this year? Do we buying less Christmas? Or were we not as good

this year? We not get as many Christmas gifts across America? Personally I went to

Target. I said don't blame me shareholders. I was spending money there. Thank you

for contributing to Target's Comp's numbers, Chris.

This follows bad results from Macy's and Kohl's earlier in the month, too, who are also cutting

their full year forecasts.

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