There’s not much of a direct link between the newly unveiled BlackFly personal flying vehicle and manufactured housing. So why bother? Because it is one of a range of technologies that could transform travel, especially for commuters. That in turn could make living in a more rural area appealing, and thus offer additional options for housing seekers, which include manufactured homes.
Black Fly will be our fun, video focus tonight.
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, just before the tracked stock closing tickers.
The ever evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets. It’s an example of “News through the lens of manufactured homes, and factory-built housing.” ©
It just makes sense. Because like it or not, what moves the markets effects manufactured housing too.
Part of this unique feature provides headlines – from both sides of the left-right media divide – that saves 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…
- Uber is under a federal investigation for gender discrimination
- Jeff Bezos worth $150 billion as Amazon hits all-time high
- Why oil prices are suddenly tanking
- Will Elon Musk’s antics hurt his businesses?
- Former oil CEO charged with exchanging corporate favors for personal loans
- Wall Street’s $6.3 trillion man is worried about a trade war
- Why Bank of America branches are disappearing
- Adidas joins the fight against plastic
- Papa John’s founder kicked out of his office
- China’s economy slows just as the trade fight begins
- The best stock this year isn’t Netflix. It’s…
- Elon Musk makes unfounded accusation against Thai cave rescuer
- Analysis: Big tech isn’t as interested in media as we thought
- How companies change their packaging without alienating customers
- Judge’s order for LA Times to alter published story sparks outrage
- How innovation saved Detroit
- FCC chair expresses ‘serious concerns’ about Sinclair’s bid for Tribune
- Deutsche Bank is making money again
- China is making it harder to invest in smartphone maker Xiaomi
- Will Uber’s CEO still be able to save the brand’s image?
- Box office hero: Why ‘The Rock’ is ‘a franchise unto himself’
- Twitter suspends 2 accounts linked to Russian intelligence after hacking indictment
- The Justice Department drove a stake through the heart of Comcast’s bid for Fox
- Firm that designed Ferraris is making a 250 mph electric supercar
- What happens when brands try to go green
- Wells Fargo finds even more customers that it overcharged
- How do you rebrand Papa John’s when the problem is Papa John?
- Papa John’s to remove founder’s image from ads
- ZTE can once again do business with American companies
- Justin Bieber and Katy Perry among Twitter users hit hardest by follower purge
- JPMorgan Chase makes $8.3 billion profit thanks to ‘healthy’ US consumers
- Wells Fargo’s scandals are hurting its bottom line
- Larry Page invests in another flying car startup
- Uber teams up with Lime scooters for latest non-car offering
Select Bullets from Fox Business…
- Trump touts US energy, will compete against Russia’s gas pipeline to Germany
- Trump, Putin summit: Top economic issues
- Putin bashes financier Bill Browder’s business associates over taxes
- Implications of Russia aggression in Middle East
- Putin announces creation of ‘high level working group’ for entrepreneurs
- Amazon shrugs off boycott ahead of Prime Day
- Boeing starts air show with order for jets worth $4.7B
- FCC chair voices ‘serious concerns’ about Sinclair-Tribune deal, stocks tumble
- WWE can rake in billions with these deals
- BlackRock is evaluating cryptocurrencies, CEO says
- Lockheed likely to lower F-35 cost for new Pentagon contract
- ETFs for a recession
- US consumers give retailers something to cheer about
- International flows into ETFs outpacing US flows: Tom Lydon
- 5 years after declaring bankruptcy, Detroit reborn at a cost
- Amazon Prime Day 2018: How to score the best deals
- Why do Baby Boomers start their own business later in life?
- Boomers cited positive reasons for pursuing business ownership in 2018.
- Global Trade War Fears Stunted ETF Industry Growth
- What Should You Make of 3M Company Stock’s 16.4% Drop in 2018 So Far?
- Don’t read much into 3M stock’s weakness.
- Dominion gets 1st level of approval to merge with SC utility
- US: Sanction exemptions open to those reducing Iran imports
Today’s markets and stocks, at the closing bell…
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 –
CBS this Morning broke the story last week about the first public look at the previously secret Silicon Valley facility where the aircraft called “Blackfly” is being built.
If the reports end up accurate, someone could buy a manufactured home, plus buy one of these VTOLs (Vertical Takeoff and Landing) and still be dollars ahead from purchasing a similar sized conventional house.
“Utilizing eight small rotors spread across two parallel wings, it takes off by sort of rolling on and off the ground via its rounded belly, which makes it look a little bit like an old school rocking horse,” said Forbes.
Opener is the firm that is building the craft. They say it designed BlackFly with “triple-modular redundant flight systems, control surfaces, and sensors” to ensure safety and has flown over ten thousands miles of test flights.
There’s an auto-landing and return-to-home features to add extra usability.
Opener says the single passenger, joystick-operated system requires no formal licensing in the U.S. to fly, but the company will mandate that users take the FAA Private Pilot written examination and complete its own operator training.
At present, the system won’t be useable over a city. But as the technology develops, restrictions are likely to be eased, especially since others such as Google and Uber are developing their own flying vehicles.
Perhaps the more likely candidate to disrupt potential commutes affordably is the hyperloop. For our recent report on that, click the below.
The bottom line for industry professionals and investors is this. It should be obvious that the industry must continue to pursue what MHARR president Mark Weiss said was the full implementation of the Manufactured Housing Improvement Act of 2000. That would include enhanced preemption.
But that other development – namely that technology could allow more to commute more readily from a more rural to a more urban or suburban locale – is not to be missed.
It is one of several developments that point to potentially brighter days ahead for manufactured housing.
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).
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.