Right now in fast target, warning, a field that shells with too much stuff consumers

did not want and now profits will suffer.

How long before the rest of retail does the same thing?

And is this assigned to consumer economy is cracking?

Plus, Exxon mobile on the move climbing to a nearly eight year high ahead.

You'll hear from one market washer who thinks there is still time to buy energy socks.

And later, a new season kicking off for the premier lacrosse leak.

How is this fledgling leak dealing with the softening ad market, a budget conscious consumer

and sky high inflation, PLL President Paul Ravel will be here to break it all down.

I'm Melissa Lee.

This is Fast Money Life from the Nasdaq Market site and the hard of time square the

gangs all here in the house tonight.

Tim Seymour, Karen Feinerman, Dan Nathan and Guy Dami, we start off with the late day

rally in the markets.

The S&P and Nasdaq both jumping nearly a percent.

The Dow at more than 260 points, all three indices erasing losses from earlier in the session.

The strength coming despite a big warning from Target this morning.

The retailer saying rising inventories will hit profitability this quarter.

And that gut is thinking about a couple of big questions hanging over these markets.

First, our Target's inventory struggles emblematic of broader issues in the retail space.

Second, when supply chain challenges finally get resolved, we'll demand for these products

still be there.

...