We’ll look at some data points this evening, just a few hours ahead of President Donald J. Trump’s State of the Union. That will be our featured focus for this evening.
If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline report is found further below, after the newsmaker bullets and major indexes closing tickers.
The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets. Headlines – at home and abroad – often move the markets. So, this is an example of “News through the lens of manufactured homes, and factory-built housing.” ©
Part of this unique evening feature provides headlines – from both sides of the left-right media divide – which saves busy readers time, while underscoring topics that may be moving investors, which in turn move the markets.
Readers say this is also a useful quick-review tool that saves researchers time in getting a handle of the manufactured housing industry, through the lens of publicly-traded stocks connected with the manufactured home industry.
This is an exclusive evening or nightly example of MH “Industry News, Tips and Views, Pros Can Use.” © It is fascinating to see just how similar, and different, these two lists of headlines can be.
Want to know more about the left-right media divide from third party research? ICYMI – for those not familiar with the “Full Measure,” ‘left-center-right’ media chart, please click here.
Select bullets from CNN Money…
- Even if Sears survives bankruptcy, the company will probably keep closing stores
- The US-China trade war could benefit Europe, Mexico and Japan
- Wall Street closes at to two-month high; Dow pops another 172 points
- The bull market still has some room to run
- Snapchat stops losing users, stock soars nearly 20%
- Lloyd Blankfein defends stock buybacks on Twitter …
- … and Bernie Sanders scolds him for making the rich richer
- Electronic Arts plunges 10% after awful holiday quarter
- PERSPECTIVES Gillette’s ‘We Believe’ ad took a stand. I’m proud of the conversation it started
- Wall Street braces for first profit decline in three years
- Facebook removes 22 more pages connected to conspiracy theorist Alex Jones and InfoWars
- Why oil companies have suddenly gone missing in the bond market
- Indian hotel startup is planning to be bigger than Marriott
- His grandmother’s hummus recipe is providing relief to refugee children
- CEO dies without sharing password that could unlock $145 million in cryptocurrency
- Consumer and retail stocks are getting hit hard
- PERSPECTIVES Trump’s economy is a train wreck waiting to happen
- Target expands its loyalty program
- The college experiment that changed the world
- Preview CNN’s documentary on Facebook’s history
- How Facebook took over the world
- What happens when people leave Facebook
- Randi Zuckerberg: Dad gave Mark the option to open a McDonald’s franchise
- Halo Top launches 60 calorie snack-size pops
- Danone’s getting serious about low-sugar yogurt
- Bud Light packages will now show nutritional information
- Taco Bell will test a vegetarian menu
- Chobani looks beyond yogurt with its first plant-based product
Select Bullets from Fox Business…
- Stocks post 5th daily gain on strong tech, consumer cyclical earnings
- Phoenix drowning in pension debt, drastic response proposed
- State of the Union by the numbers: A look at the Trump economy in its second year
- Tesla launches Amazon store to sell branded merchandise
- Ford unveils upgrade to popular pickup truck
- Southwest Airlines to test first Hawaii flight, sans passengers
- Another dog food recall over dangerous levels of vitamin D
- Amazon vs. New York: State, city officials amp up criticism of HQ2
- Super Bowl TV audience falls short of 100M viewers, hits decade low
- Bernie Sanders asks why company is charging $375K for a drug that was once free
- Disney earnings beat aided by media networks, as new streaming service looms
- State of the Union: FOX Business’ live coverage
- Trump’s State of the Union: Check in on 2018 promises
- Trump’s State of the Union address in five words
- Google to promote Trump’s State of the Union address on homepage after bias spat
Today’s markets and stocks, at the closing bell…
Manufactured Housing Composite Value (MHCV)
Today’s Big Movers
For all the scores and highlights on tracked manufactured home connected stocks today, see the Bloomberg graphic, posted below.
Today’s MH Market Spotlight Report –
FOX Business and Kennedy takes an in-depth look Former special assistant to President Trump Marc Lotter says the State of the Union (SOTU) speech will highlight the administration’s successful policies.
Some facts and data-points ahead of tonight’s anticipated State of the Union (SOTU) address by President Trump, per Fox Business.
- On Monday’s close today, the Dow Jones Industrial Average is down 3.2 percent since his last State of the Union (SOTU) address on Jan. 30.
- The Dow closed at 26,076.89 then, compared to 25,239.37 on Monday.
- Trump took a moment last week to applaud the Dow, which just had the strongest performance in more than 30 years. The broader S&P 500 mounted a record run during Trump’s first year in office, but fell about 3.5 percent during his second year.
- Meanwhile, the tech-heavy Nasdaq Composite fell about 0.7 percent.
- Fewer are actively seeking employment compared to the year-ago period. In January of 2018, the unemployment rate was at 4.1 percent — at the time, it was the lowest rate in more than 17 years.
- Over the year, unemployment ticked down slightly to 3.7 percent, the lowest rate in nearly five decades. It remained steady for several months, before rising slightly. As of January, unemployment was at 4 percent.
- In January, the Department of Labor revealed that the U.S. economy added 2.63 million jobs in 2018, the highest number since 2015.
- In 2017, during Trump’s first year in the Oval Office, the economy added about 2.18 million jobs.
- The U.S. deficit — which is already at a six-year high and a nearly 17 percent increase from the year-ago period — could climb as high as $1 trillion by the end of 2019, according to the Committee for a Responsible Federal Budget.
- In October, the U.S. Treasury Department released the nation’s monthly bank statement, revealing a deficit of $779 million. The national debt has skyrocketed to more than $21.6 trillion.
Oddly, among the missed data points by Fox Business written report was their failure to mention that federal receipts are up after the tax cuts, a pattern that MHProNews has noted occurred during the Kennedy and Reagan tax cuts before it. Put differently, the federal budget imbalance is a spending problem, not a revenue problem.
Bloomberg Closing Ticker for MHProNews…
NOTE: The chart below includes the Canadian stock, ECN, which purchased Triad Financial Services.
NOTE: The chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above.
NOTE: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).
Berkshire Hathaway is the parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers.
LCI Industries, Patrick, UFPI and LP all supply manufactured housing.
AMG, CG and TAVFX have investments in manufactured housing related businesses.
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Submitted by Soheyla Kovach to the Daily Business News for MHProNews.com.