Down Market

Target is a well established conservative company and today even they are getting beat up.  It was selling at a P/E of about 15.5 before it got hit.

Yes, inflation is going to effect them, but in 6 to 7 years, the decision to own them at the "Discounted" prices is going to look smart.

A lot of quality companies are dropping in price today.  On the other hand, I'm seeing a lot of "no earnings" companies rise.

The DOW is down (quality companies) and the NASDAQ is flying high.