Several days after donald trump did the same thing, were going to take you live to louisiana and hear from the people themselves about how they are accepting his appearance, his visit. Are they appreciative . We will check it out. 400 price hike on the epipen, shares of a virtual lock on the life saving product. Were looking at that not to mention other stories were focusing on right now. Stocks are pushing higher. How high in the nasdaq its got close at 5262 to get into the books. The s p 500 is trading near record highs. The level to watch there, 2190 for the win. We have breaking news right now. We are minutes away, in fact, we already should have seen it to another tesla reveal. Elon musk cryptically tweeting that a tesla Product Announcement would come at 3 00 p. M. Eastern time. Well, its 3 01 p. M. Eastern time. Were watching and waiting. You know they are slow to start in california, watching and waiting and looking at elons twitter feed. Well get you the news the second its out there. Maybe a new product. Maybe something to relate to as far as acquisition to solarcity. That is moving higher, so is tesla, up 2 , good enough for a gain of 4. 57. New home sales spiking too, to an eightyear high, sales jumped 12. 4 in july. And Toll Brothers says us too toll reporting a 23. 5 rise in Third Quarter revenue. Thats largest jump in two years. So look at shares of Toll Brothers, moving higher 8 . Not often you see a home builder making this big a jump. Thats what were seeing, stands at 31. 69 on Trading Volume of 12. 7 million. And the s ps best performer, Electronics Retailer best buy, a surprise rise in same store and online sales, and not just consumer electronics, but appliances, too. They figured out how to make their business actually work at least for the moment. So shares are seeing largest price increase since april of 2013. Best buy, do you own it . Hope you do today. Up 18 . It stands at 38. 99. To louisiana and the breaking news president obama greeting and thanking First Responders in louisiana less than an hour ago. He toured a flooded neighborhood, spoke to victims and local officials grappling with ruined businesses and uninhabitable homes saying politics mean nothing right now to the victims. When disasters strike, thats probably one of the few times where washington tends not to get political. You know, i guarantee you nobody on this block, none of those First Responders, nobody gives a hoot whether you are democrat or republican. What they care about is making sure theyre getting the dry wall out and the carpet out and theres not any mold building and they get contractors in here and start rebuilding as quick as possible. Thats what they care about. Liz the president s visit four days after republican nominee donald trump toured the region. Trump saying the president s visit is, quote, too little too late. Lets get to jeff flock, standing by in baker, louisiana, in the thick of this mess. How is the president s arrival perceived . With appreciation . Cynicism . You tell us . Reporter a little bit of both, i spoke with both circles. What the president said is true, if this is your house, your stuff if this is what your life looks like right now, you dont care about republican or democrat. A lot of people said the president could have been here senior but glad hes here today. Some people not crazy about donald trump, thought it was a photoop but most glad he came just like the governor said, im glad he came it. Brings attention to it. The president is going to baker high school, which is the next town over or zackary high school, the next town over from baker where we are, he is seeing the enormity of this. It goes on and on. He spoke about what fema is doing, the president said fema is doing a good job, people said they have given us money already, vouchers for hotels, the government is doing its job, thats what it needs to do in a disaster like this. Trish jeff, i appreciate that. Its very important, and one thing we know we get from you is the real story. You can show us the pile of debris that youre by. This is stunning to me. As you wait a couple of days, you see what people have been able to drag out, and its just about everything, so sad. Reporter incredible. It is incredible. Its literally everything, in addition to the dry wall and the carpet as the president said, everything they own. These people did not have warning. In flood zones people get warning, they can take valuables out. These people did not have the luxary, they were not able to do that, and consequently they have lost it. Liz i know you and the viewers want to see what we have coming up in just a bit. Were going to introduce you in a fox business exclusive to a louisiana realtor. Hes known as one of the top 1,000 realtors in america. He is already showing houses again after actually dealing with his own personal disaster. He almost died rescuing his family. Real estate agent darren james is sharing his amazingly uplifting and exclusive story in 30 minutes. Not only is he back at his job, hes trying to raise money for contractors in the area who were very hard hit and lost their businesses. It really is something to uphold and were going to do that. You need to see this. To the stock market, the nasdaq hitting a new lifetime high. July home sales soaring 12 . Oil prices reversing earlier losses. Crude up 1. 5 , it had been down. Why did it reverse . Iraq decided maybe, maybe it might cooperate with opec on output freeze. Right to the floor show. Traders at the New York Stock Exchange, cme group and the nymex. Elliott, there is no other reason but for solid home sales to move the nasdaq to a record high . Well, liz, you know, like i always tell you, equities are not my thing. All i hear is sell it. I would keep buying it. As for the oil thing, people are talking about oil rallying 8 on pretty much the words of a couple of opec ministers, right . People are going to look at oil and say now the iranians and iraqis get on board, im sure oil is going to rally from here. It was trading under 47 bucks this morning, i think it has to come off eventually. The story is natural gas, talked about it last week, too cheap. It rallied a lot this week. Theres a big demand issues for gas and look for that to keep ticking higher. Liz the iraqis are trying to rally Foreign Companies to pump more in iraq. I dont believe anything any opec member says, iraq is the second largest oil producer, iran is the third, saudi arabia the next, theyre all in cahoots. You said buy as well . I didnt say buy the stock market, thats for sure. I think its agonizing, desperately seek clarity. The bottom line is the last six weeks had a small runup in the stock market. People are scratching their heads, they need to realize that due to sovereign yields in europe continually causing our tenyear yield to drop, and thus people searching for yield are buying stocks and buying them without regard to multiple valuation, doesnt matter. People need the yield are buying stocks. Very scary in my view. I dont think its going to last, and people are being ruled by confusion and lack of clarity in the stock market. Liz well, i dont know why you say a tiny move. Were at lifetime highs. I know its in a narrow trading range. Matt let me ask matt the last six weeks. Come on, larry, you keep selling it. The rally may be 40 points. I have to be clear. Liz i get that. Let me get to matt. Matt, why on a tuesday, it is tuesday, isnt it . It is. Liz my floor direct ordz i think so. Why on a tuesday is the stock market hitting a lifetime high for the nasdaq and very close for the s p. We found new leadership groups, thats why the nasdaq is rallying a little bit. Oil reversed hard on the news and we have manufacturing numbers that werent so good. Were seeing divergence between the price of oil and the stock market, as oil rally, stock market sold off. I think people are complacent, no volatility in the market at all. Weve gone 31 Straight Days without a move of 1 in the s p and only five days of the 31 have been over half a percent. People are waiting for clarity and i think we might see some of that friday out of chairwoman yellen. Liz okay, larry, finally . Yeah, clarity, i dont think well get clarity. That much. When you look at yellen, she has nothing to say. Europe is where the surprise is. Very immediate term. Were setting ourselves up for a small, if not intermediate term selloff. If theres any screwup with the ecb or bank of japan. Yellen can say im responsible for twoyear yields, i cant be responsible for tenyear yields. Liz well know when she makes her big speech in jackson hole in between fly fishing and schmoozing. Thank you so much. The nasdaq is one and a teeny, teeny bit away. Its above that record high. Were going to be watching that very closely with 49 minutes before the closing bell rings. Nike again in the leadership position, up a buck 02 for the dow 30. Smuckers in a jam, not because of jelly. Pet foods dragging smuckers down, the packaged food company blaming spot and whiskers for not gobbling down more kibbles and bits as pet food sales sag 5 . Pets want the fancy pants foods anymore. Revenue down 7 but the stock down 8 . Had been up 20 year to date. Epipen manufacturing getting beaten up today, down 4. 5 due in part to our story yesterday at this time on accusations of price gouging. Patients in need of the lifesaving drug in epipen which havent changed the formula in years. They havent added or spent r d on it. Seconds after we finished the story yesterday, my floor crew shared their stories. One showing me his expired epipen. The shameful price hike setting social media on fire. Today, we have a second dose of epipen outrage with the woman described as the Erin Brockovich of food allergy. Robin obrien fought for the widespread use of epipens but for a year shes the first one screaming about the price hike that skyrocketed more than 400 . Cant wait to hear what robin says. Dont go away. Theres a lot of places you never want to see 7. 95. [ beep ] but youll be glad to see it here. Fidelity where smarter investors will always be. If only the signs were as obvious when you trade. Fidelitys active trader pro can help you find smarter entry and exit points and can help protect your potential profits. Fidelity where smarter investors will always be. Shock. Yeah, i was everpretty shocked. Pped. I just kinda tuned out. And then, we wanted to fight and win. I thought, what could i do now . Because we have so many ways to fight you. Immunotherapy. Proton therapy. Clinical trials. Leading edge technology. So believe in our treatment and our teams. We are in this together. So, cancer, what do i have to say to you . Were making cancer history. You just stuck it in a drawer somewhere and forgot about it. Until a dump truck hit your pickup truck and now you need a tow truck. Does your policy cover the cost of a tow truck . Who knows . You didnt read it. You cant even find it. The Liberty Mutual app with coverage compass™ makes it easy to know what youre covered for and what youre not. Call Liberty Mutual for a free quote today at coverage compass™ gives you the policy information you need at a glance. Available 24 7 on your mobile device. Switch to Liberty Mutual and you could save up to 509. Call thats liberty stands with you™. Liberty mutual insurance. Its outrageous what mylan has done. I believe that this is pure greed. This is disgusting. Liz that was dr. Devy and jeff letterer, the father of an epipen user whose son will die if he gets a bee sting and doesnt have an epipen. Dr. Devy is disgusted about the price hike on the product that millions of americans need. Social media pages were on fire with so many tweets and posts reacting to the story. Jonathan tweeted roxanne wrote Morgan Mccloud brought up this point were not done by a long shot here. Follow me on twitter, let me know what you think. And by the way, look at this. Just as i finished the story yesterday two, of my floor crew walked up to me and said we have epipens, they are expired because they expire too quickly and too expensive. The price hike, now members of congress are getting involved. In the last 24 hours, republican senator from iowa Charles Grassley who leads the Judiciary Committee sent a letter to Heather Bresh demanding explanation for the price increase. They called for a Judiciary Committee doing what one of my twitter followers demanded, asking for an investigation by the ftc. How is the price increase on the life saving device hurting those who need it most . Joining me now is the woman known as the Erin Brockovich of food and food allergy, the kids foundation, robin obrien, i want to give you credit here. More than a year ago you were among the first to scream and yell and wave your arms saying why has the price of an epipen suddenly skyrocketed . What answer do you have right now . You know, lives are at risk. Right now someone goes to the emergency room once every three minutes for food allergic reaction, the number is skyrocketing. From 19972010 over a quadrupling of the number of people with peanut allergy. We have the epidemic and the price kicked up six times in the last six years on a product first invented in 1977. You have the marketing of fear, you have a captured demographic, you have an exploding epidemic and a company taking advantage of that. And to have parents suddenly reaching out saying i cant afford the epipen anymore, to have School Nurses say youve got to have us. We have the noncompliant kids in the classroom whose kids cant afford the epipen, lives are at risk. Liz okay, have you tried to speak to mylan, you represent so many parents and children who could die without it. Any result . Any luck here . You know, they have really kind of put up walls and said were doing a good thing, were handing out epipens to schools. Liz what good thing . Raising prices 400 . Claiming theyre handing out gifts to schools in the form of epipen. Thats like an abusive spouse turning around and handing jewelry after the abuse. This is abusive pricing. We have parents who can no longer afford a lifesaving device for their children, and when i look at my daughter, my nephew, you know, i think what we are seeing right now, the two fastest ways to fix this are congressional investigation which is going to get tricky because mylan ceo has a dad in the senate, the senator from west virginia, and you have the congressional investigation going on. Which is important. What studies were last done on the privacy the epipen . How did they justify the price increase. What are the media bias going along with this . The congressional investigation is the one way to do that. The second thing were seeing, and you had a major impact with your show, you saw the share price get knocked down 4 . Not only that, we saw volume shoot up. Average volume is 4. 4 million. Today 7 1 2 million. You did a phenomenal job of shining a light on this issue, and it is a lifethreatening issue. Liz well, it caught my eye, obviously, and were actually late. You were the early one, for a year you have been writing opeds on your website. You have been saying this is incredible, unfair, unacceptable, and by the way, folks, capitalism lives at fox business. We love businesses, we dont think government should be involved in setting prices in any way, shape, or form. However, this is a case where they have as best we can figure out, but i wouldnt know because the ceo nor mylan have returned my calls or my bookers calls over and over again. They have not put in research and Development Dollars into this. They have marketed it but have a virtual lock on this. What is going to work . Do we need congress to get involved . And it is problematic, the ceos father is congressman joe manchin. There is no competition, the barriers to entry are really high. There is a low cost alternative. Liz that is sanofi, right . Ive been in this 11 years, and seen twinject come and go. One was recalled because of 26 unconfirmed reports. There needs to be investigation how the company has been able to maintain the monopoly it has. These are life saving devices but can come in a lot of healthy forms. Healthy marketplace means healthy competition. Liz right about 3 00 p. M. Eastern when we did the story, decided to lead the broadcast with it, thats today, and here, you can see it dipping right at around 3 00 p. M. Eastern, and im not sitting here saying we took credit for it. When we had the father, hes a wall street guy, he understands profits, companies have a priet to profit when they have a mode of competitiveness around a great product. 15 Million People need this thing, okay . Two kids in every classroom in america, and so we get it, robin. If you had heather in front of you right now, the ceo, what would you say to her . I would say youve built your Business Model on the backs of american children, and its time to take ownership for that, especially when a family in the United States can travel to canada and get the same pack for 120 if they pay over 700 for here, at the same time, she orchestrated this tax inversion taking the companys headquarters out of the United States. They have built a Business Model on the backs of our kids to avoid paying taxes in the United States. As her own father said Something Like that should be illegal. And i think its time for her to come on the show and answer your questions, liz, you have every single try the ask them and millions of American Families behind you. Liz heather is always invited on the show. We would very much like to hear from her. Our investors do and investor audience, thank you for the work you are doing. Allergy kids foundation, and its an important issue for a lot of people. You know what . It is straining the emergency rooms, every three minutes somebody is going with a food allergic reaction. Were waiting news from elon musk. Tesla is moving higher, so is the dow by 30 point. As soon as we get the tesla news, well get it to you. Stay tuned. Were coming right back. Theres no one road out there. No one surface. No one speed. No one way of driving on e