Options guru and veteran floor trader, Frank Fahey, tips off the show talking markets and more. Joel Elconin of Benzinga calls in to report on $WMT earnings. Kenny Polcari, Director of NYSE Floor Operations at O’Neil Securities and a contributor to CNBC, wonders if we’re in for another down week. Karl Denninger of Market Ticker shares why ‘Big Pharma’ may have more to do with school shootings than we realize. Finally, John Neal of PTI Securities & Futures’ Peoria, AZ location talks retail sales.