In this crisis mode the auto industry could end up seeing a loss around $61 billion from this chip shortage as it can last until late 2021. With shortage of computer chips, the lot of these chip makers are running at capacity. We leave you with this article about this chip shortage, here is the stock futures heading towards the weekend: DOW is up by .09 percent, the S & P 500 is down by .01 percent and the NASDAQ is up by .02 percent. The dollar closed at $91.66 with it peaking up to $91.96 during the morning hours on the EST. Stocks were making late day rallies after the US dollar began falling after 10:30 am EST, when Sunday late afternoon will be back to check on how the stock futures will be doing going into early Monday morning 3/15/21. Our investments had gained a small increase of $6.27, as will be examining some more stocks over the weekend, daylight savings time begins early Sunday morning with the clocks in the United States moving up one hour.
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Friday, March 12, 2021
The shortage of chips coming from chipmakers
I am author in writing multiple stories from science fiction to mystery. A bit of adventure, ghost stories, fantasy to action. Experience at investing for over 26 years and stock market research for close to 44 years. Owner of Carson Investment Services LLC. Working on around 40 different stories to be published, with two nearly ready for publishing. Been in the movie theatre business for 22 years and gave the Detroit Theatre another 30 years of life before it went out of business in Lakewood, Ohio. Member of the United Food and Commercial Workers Union from Cleveland, Ohio and had been an NBA partner with the Cleveland Cavaliers for 17 years.
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