 volatility this week after mixed reports from the U.S. and Chinese governments about trade progress heading into the final stretch of the new of the year. Reuters reporting both sides are asking for more extensive tariff rollbacks as part of a phase one deal. And joining us now is Melissa Armo, founder and owner of the stock solution. So, guys, happy to show Melissa. We are getting pretty darn close to that December 15th tariff deadline. How big of a setback could this be for trade negotiations if we actually reach December 15th and tariffs are implemented? Well, I think it's going to be very interesting because, remember, back in October, they were supposed to implement more tariffs, and then Trump decided to wait on that. As long as these talks continue, I don't think they're going to put the tariffs on. That being said, I think at some point this deal is going to fall through in the phase that it's at right now. Like, they're acting like they're going to ink this deal and sign it soon. I never thought that was going to happen. I didn't think that was going to happen since January. I did not think a deal would get any part of the deal, not only not a complete deal, but the any piece of the deal, which they're talking about, I didn't think would happen in 2019. And there's several reasons that I think that. One, the presidential elections is coming up in 2020. My thoughts are that China may want to wait it out and see if Trump really wins reelection. And number two, right now at this point, as long as China can keep pushing off new tariffs, well, they're going to leave it be as it stands. And so far, the Trump administration has been trying to work and do that. So there's no reason to think that they wouldn't come back for December as well, just like they did in October, as long as they're talking. Even though we do see it drastically impacting the economy in the world's biggest and second biggest economy, China in the U.S. that is. Melissa, how do you trade this, that view that you have? How do you trade that? I think it's very interesting because every time the market is looked like it's going to drop off, it hasn't. I mean, we have made more record-breaking highs in Trump's presidency than any other presidency ever in the history of the United States. And there's no denying that. Whether you like Trump, whether you don't like Trump, I mean, the fact is that you can't deny the strength in the market. The market's getting bought. Now, that's not to say that it's going to keep going up forever. A lot of people, though, have missed this rally because they keep waiting for a pullback. I think there's a possibility, and I'm not saying 100 percent, but I'm saying there's a possibility that we can see a big, one more big move with a big green bar over the high sometime soon. Soon, meaning the next couple of days or the next couple of weeks before the end of the year. And then after that, you might see volatility in the later part of 2019 because of the trade deals, which means we could fall off at that point. But right now, you can't deny the strength in the market. There's no way to short this in profit. OK, well, let's say that President Trump doesn't end up signing a phase one trade deal by the end of the year. And no big trade deal is reached before the 2020 election. How do you avoid the uncertainty that executives are feeling about trade from seeping into uncertainty for the consumer? As we know, the consumer powers this economy. I think the consumer's gotten used to it. You've seen that in a lot of their retail earnings, specifically Target. Target had record-breaking earnings this week. And Target took an example of that. Usually, we're getting into the Black Friday one week from today. Usually, you see a lot of these stores have the biggest part of their year in the second half of the year. But you've seen stores like Target, they had great earnings back earlier in the year. They have great earnings now, again, in the last week. These are the, these Target, Lowe's, Walmart, these are the places that regular everyday Americans shop, not rich people, but just regular everyday Americans that buy stuff. So, again, you say to yourself, OK, well, if people are going out and shopping, then they're not feeling the pinch. They're feeling optimistic. They're feeling, they're happy when they see their 401Ks. Everyone's 401Ks, if you have one, has been increasing just by doing nothing. People are making money as far as a 401K is going, their retirement. So, there's an optimistic attitude. And so, when you look at that, you say, well, the consumers are not feeling the pinch. Even if they paid more for any products or services that have tariffs on already, you're not seeing it in their spending. Melissa, very quickly, a new wave for Nordstrom. Yes or no? The stock up 8% after earnings this morning. I didn't look at that. I was looking at Foot Locker, because Foot Locker is tanking right now. Foot Locker is tanking because it was a feel like it was actually up this morning, a little bit in the pre-market, and then all of a sudden, shoot, it went like a tank. There's a lot of volatility in the retail. Go ahead quickly. Nordstrom is up. However, I would not buy this here today. Looking at this here, it's up. It is up $3 plus from last night, but I wouldn't buy it here today. Nordstrom is one of those ones where it's kind of like, could, could, Nordstrom has to save itself, because it's proceeding, or remember, Nordstrom is luxury, luxury, luxury, luxury. So, this is a different sector compared to the targets of the world. You're better off investing if you want to invest in a stock. We got to leave it there running up against the opening bell. Melissa Armo, founder and owner of the Stock Switch. Always great to see you. Thanks for joining us.