MarketWatch’s bullets for today include: Stocks end flat ahead of Fed, BOJ decisions. Sen. Warren calls Wells Fargo CEO Stumpf ‘gutless’ for not resigning over scandal. George H.W. Bush will vote for Hillary Clinton, says report.
CNNMoney’s bullet headlines for today include: Bubble or bargain? Tech stocks surge like late ’90s. Gasoline pipeline that’s causing shortages is close to a fix. Time to dump Wells Fargo and other bank stocks?
Oil closed up, gold slid a smidge.
Three Major U.S. Market Tickers and numbers at the closing bell today…
S&P 500: 2,139.76 0.64 (0.03%)
Dow JIA: 18,129.96 9.79 (0.05%)
Nasdaq: 5,241.35 6.33 (0.12%)
The MH Industry – Todays Risers and Sliders
The top 2 sliders for today included, NorthStar Realty Finance Corp and Affiliated Managers Group. The top 2 risers were Cavco Industries and the Third Avenue Value Fund. Note RC William’s recent Nobility Homes quarterly report, link. Also, this morning’s hot one – Another International Company Buying into U.S. Manufactured Home Communities.
Note: the chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above. Note that Deer Valley and Killam only trade periodically, and Bloomberg reports the last day that stock was traded. The TAVFX is result is reported for the prior trading day.
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.)
MH Industry Market Report by L. A. “Tony” Kovach, to the Daily Business News for MHProNews.