Chips. The chips in this bag and the chips on this rack. I know it sounds like i agimmick. Maybe it is. But if you understand the zeitgeist of this market, if you really want to get it, these two types of chips tell you a great deal of the drama going on in the stock market and in the entire country. So on a good day when the dow advanced 130 points, s p gained 1. 03 , nasdaq jumped 1. 51 hallelujah allow me to explain. Lets start with these chips, the semiconductors. Right now theres a veritable feeding frenzy for the chipmakers. Investors cant eat just one. The etfs are going crazy. Buyers are chomping down on this stuff like piranhas in the amazon basin. Nvidia, obviously the not disputed leader of the group is up 87 year to date and 757 from its lows just 17 months 757 , people. On the other hand, though, this bag of chips is under assault. The price of a bag of potato chips has risen 45 while the cost of producing them has increased by about 40 over the last few years. But unlike
Now but they did take a lot of money from us. Reporter but say it all makes sense why they heard this. Dr. Nick who is the owner, hes as far as i know he was arrested by the u. S. Marshals. Reporter a records search indicates that both the locations in bustleton and willow grove are owned by dr. Mehdi nikparvar or as patients call him dr. Nick and he is in fact in federal custody. Arrested back in august on the 29th by the u. S. Marshals on a civil contempt charge. But agents say when he was being transferred from his practice to u. S. Marshals field office he made threats against the deputies and now hes facing more charges for that. Now agents wouldnt tell us exactly why they were making the raids here today in willow grove but neighbors we spoke with describe what they say was some very unusual activity happening here. I just seen lines of people in the morning waiting for the office to open. Reporter thats a woman who only gave us her first name of mary. She says its because of tho
Stores to actually buy the product. The ceo jeff sears is joining me in just a few moments, cooking on the stove. Heres a look at our top stories this morning. Investigators searching for the cause of the german wings crash, now focusing on the purpose of personal life of the planes copilot. Police found a sick note in his apartment suggesting he suffered from mental illness. It is believed that he purposely and the plane into amount side taking 129 other people with him to death. They want to know about the copilots emotional state. We have five investigators searched the apartment for clues and why the pilot did the deed. Betty the airline is setting up an assistance aid. Grieving relatives held a religious service near the crash site at the french else. In egyptian Officials Saying an invasion of yemen is in the planning stages. Regional allies are bombing shiite rebels in yemen. The rebels are backed by iran. Egypt and saudi arabia want to send in troops. They want to send Strike F
We are back with good news. Home values are rebuilding. Now get the stocks rebuilding with them. Morgan, a Building Products Company Called masco. Yes. And home improvement, it is set to pop off new residential construction. Bill, you like it . This company was founded by a genius. He died in 1996. Of since then, its been downhill. You have another Building Products company. They make things that i cant even pronounce. Simpson . I bought a couple dozen of their hurricane ties and my roof did not fly off during sandy. Thats a good testimony. It is a good testimony. Their operating margins for low historical margin, i would watch that part of the business. Not so great there. You have a side stock in this, middleby corporation, which makes stuff for restaurants. Yeah. People are now eating out more. They make Energy Efficient appliances for the kitchen, like stoves. They just bought viking, which is a really hot acquisition. Morgan, we all love those vikings stoves. I actually really lik
Home values are rebuilding. Now get the stocks rebuilding with them. Morgan, a Building Products Company Called masco. Yes. And home improvement, it is set to pop off new residential construction. Bill, you like it . This company was founded by a genius. He died in 1996. Of since then, its been downhill. You have another Building Products company. They make things that i cant even pronounce. Simpson . I bought a couple dozen of their hurricane ties and my roof did not fly off during sandy. Thats a good testimony. It is a good testimony. Their operating margins for low historical margin, i would watch that part of the business. Not so great there. You have a side stock in this, middleby corporation, which makes stuff for restaurants. Yeah. People are now eating out more. They make Energy Efficient appliances for the kitchen, like stoves. They just bought viking, which is a really hot acquisition. Morgan, we all love those vikings stoves. I actually really like this. Its pricey now. I wo