How to Trade Target in the Current Consumer Environment

The video discusses the impact of rising wages and potential tariffs on China on market volatility, noting that while these factors weigh on stocks, the effect is not significant. The VIX index is slightly elevated but not at alarming levels. The discussion then shifts to Target's recent strong earnings, attributed to increased store traffic, and the company's positive future projections. A strategy for investors holding Target stock is suggested, involving selling covered calls.

What are the two main factors mentioned that are affecting the stock market?

• Rising wages and potential tariffs on China

• Decreasing wages and increased exports

• High inflation and low interest rates

• Strong dollar and low unemployment

What does a higher VIX index indicate about the market?

• Decreased trading volume

• Increased market volatility

• Decreased market volatility

• Increased market stability

What recent event positively impacted Target's stock performance?

• A merger announcement

• Blowout earnings report

• A new product launch

• A change in CEO

What strategy is suggested for those holding Target stock?

• Short selling

• Buying more shares

• Selling the stock

• Creating a covered call

What is the strike price mentioned for the covered call strategy on Target stock?

• $90

• $85

• $95

• $100