Fast Money starts right now.

Live from the NASDAQ market site overlooking New York City's Times Square.

I'm Melissa Lee.

Traders on the desk are Tim Seymour, Brian Kelly, Karen Feinerman, and Guy Dahme

tonight on Fast.

Wall Street is waiting with faded breath as a trade deal deadline

approaches and one top strategist says a deal could unleash a major rally in the

market she will explain. Plus it's no Paradise UK lawmakers calling Facebook a digital gangster, but maybe it's just all about the Benjamin's because the stock is still soaring.

We'll tell you why investors are standing behind the social media giant.

But first we start off with Walmart,

the windfall. Check out shares surging today after blowing out its earnings report

as its e-commerce business booms and it's off to the retail races.

Walmart is up 5% in the past month, closing in on new highs.

It's setting the pace even for its behemoth rival,

Amazon, which is down 4% during that time and stuck in a bare market.

So is Walmart your best retail bet?

And is its gangbuster quarter assigned the consumer is stronger than you might think?

So there's like three questions there.

I know.'s a lot one

at a time in my opinion the answer is no and in my opinion the answer is no because

simply valuation trades close to 22 times now forward earnings you You're bumping against levels that we last saw beginning of 2018.

So in terms of where it is technically and where it is valuation wise, I think it's a little rich.

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