Noteworthy headlines on CNNMoney – Uncertainty over Trump deals blow to tech stocks. U.S. traffic to New Zealand immigration sites soars. Yahoo warns Verizon might kill $4.8B deal.
Some bullets from MarketWatch – What President-elect Trump means for companies, by sector. Elizabeth Warren says she’ll fight Trump over dismantling Dodd-Frank. Fannie, Freddie surge as Trump taps advisors who back privatization. Calexit could make California the world’s 6th-largest economy. Will it happen?
Oil down 2.01%. Gold down 1.18. As the true meaning of President Elect Trump’s victory sinks in, the market continues to rise, with the Dow hitting a new high today. See Stocks Plunge & Surge – Unity and Protests.
Three Major U.S. Market Tickers and closing numbers at the bell today…
S&P 500 2,167.48 4.22 (0.20%)
Dow JIA 18,807.88 218.19 (1.17%).
Nasdaq 5,208.80 –42.28 (-0.81%).
The MH Industry – Today’s Risers and Sliders
The top two gainers for the day were Berkshire Hathaway Inc. (BRK/A) and Affiliated Managers Group Inc. (AMG). The top two sliders for today were Skyline Corp. (SKY) and Equity Lifestyle Properties Inc. (ELS). Deer Valley held steady, as this stock is only being bought/sold periodically. (Notice: ALWAYS look at the date on the Bloomberg chart below, as some stocks aren’t traded daily, etc.).
Skyline featured in a report here.
ELS featured in a report here.
The recent Cavco quarterly report, is linked here.
Manufactured Housing Composite Value Ticker
Note: the chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above.
Berkshire Hathaway is the parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers. Drew, Patrick, UFPI and LP all supply manufactured housing, while AMG, CG and TAVFX have investments in manufactured housing related businesses. ##
(Image credits are as shown above.)
Submitted by RC Williams to the Daily Business News for MHProNews.