Cavco Gains Nearly Four Percent; Nasdaq Advances 1.69 Percent

Good news from some of the largest financial institutions spurred investors back to the trading table, sending the Dow up over 100 points, as the Nasdaq and S&P responded positively as well. CNNMoney reports the Dow gained +115.92 points, +0.71 percent, to close at 16,373.86. The Nasdaq moved up +1.69 percent, +69.71 points, to finish at 4183.02, while the S&P advanced +19.68 points, +1.08 percent, to end the day at 1,838.88. The Yahoo! Finance Manufactured Housing Composite gained 2.49 percent to close at 812.6. All housing stocks we track in today’s trading closed up or even except Third Avenue Value Fund (Jan. 13) which slid -0.57 points, -1.00 percent to close at 56.49. Cavco Industries, Inc. surged better than other tracked stocks, gaining +3.97 percent, +2.88, to end the day at 75.62. Affiliated Managers Group 211.41 +2.49 (+1.19%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 172,250 +1,357.00 (+0.79%). Deer Valley remained unchanged at 0.75. Drew Industries 50.96 +0.02 (+0.04%). Equity LifeStyle Properties 36.82 +0.10 (+0.27%). Liberty Homes remained unchanged at 0.75. Louisiana Pacific Industries 18.44 +0.15 (+0.82%). Nobility Homes remained unchanged at 9.65. Patrick Industries, Inc. 29.12 +0.53 (+1.85%). Skyline Corp. 5.49 +0.04 (+0.73%). Sun Communities, Inc. 42.72 +0.35 (+0.83%). Third Avenue Value Fund (Jan. 13) 56.49 -0.57 (-1.00%). UMH Properties, Inc. 9.31 +0.03 (+0.32%). Universal Forest Products, Inc. 52.43 +0.24 (+0.46%).

(Graphic credit: CNNMoney and RealTick)

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