Manufactured Housing CV Up 3.54 Percent, New Record High for Broader Markets

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Credit: CNN Money.

Noteworthy headlines on CNNMoney – Buffett hasn’t sold a single share of Wells Fargo. Facebook decides that many of us are dead. Peter Thiel joins Trump’s transition team. New York Observer ends print edition.

Some bullets from MarketWatch – Dow ends at record, scores best weekly gain in five years. Pence to lead Trump’s transition team as Christie demoted. Oil futures mark third weekly loss in a row. Trump critic Warren Buffett says stocks will continue to rise.

Oil down 2.80%. Gold down 3.32.

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

S&P 500 2,164.45 –3.03 (-0.14%)

Dow JIA 18,847.66 39.78 (0.21%).

Nasdaq 5,237.11 28.32 (0.54%).

 

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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 UMH Properties Inc. (UMH) and Drew Industries Inc. (DW). The top two sliders for today were Affiliated Managers Group, Inc. (AMG) and Equity Lifestyle Properties Inc. (ELS). Deer Valley and Killam are only being bought/sold periodically. (Notice: ALWAYS look at the date on the Bloomberg chart below, as some stocks aren’t traded daily, etc.).

UMH featured in a report here.

ELS featured in a report here.

 

Manufactured Housing Composite Value (MHCV) Ticker

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Credit: Yahoo Finance.

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

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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.)

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RC Williams, for Daily Business News, MHProNews.

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

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