Gains for Skyline, Universal Forest Products, Manufactured Housing CV Jumps, Dow Sets New Record

Credit: CNN.

Noteworthy headlines on CNNMoney – No fear: Brexit, Trump, Italy fail to rattle market. Venezuela is printing a 20,000-bolivar note. Trump wants to unshackle Main Street banks. Nearly one million Android phones infected by hackers.

Some bullets from MarketWatch – Speaker Paul Ryan tells 60 Minutes that Affordable Care Act repeal will come first. The chase for performance is on after the results in Italy. The euro is having its best day against the dollar since early June.

Oil down 1.03%. Gold down 0.48.

Three Major U.S. Market Tickers and closing numbers at the bell today…

S&P 500 2,204.71 12.76 (0.58%)

Dow JIA 19,216.24 45.82 (0.24%).

Nasdaq 5,308.89 53.24 (1.01%).

Image credit, Yahoo, posted for the Daily Business News, MHProNews.


The MH Industry – Today’s Risers and Sliders

The top two gainers for the day were Skyline Corp. (SKY) and Universal Forest Products Inc. (UFPI). The top two sliders for the day were The Carlyle Group (CG) and Equity LifeStyle Properties Inc. (ELS). Killam held steady today, as the 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.).


Manufactured Housing Composite Value (MHCV) Ticker

Credit: Yahoo Finance.

Note: the chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above.

Graphic credit, Bloomberg Ticker for Daily Business News Manufactured Housing Industry Connected Stock Market Report, MHProNews.

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.)

RC Williams, for Daily Business News, MHProNews.

Submitted by RC Williams to the Daily Business News for MHProNews.

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