Manufactured Housing CV Up Again, Skyline, Broader Markets Continue 2016 Record Pace

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Credit: CNN Money.

Noteworthy headlines on CNNMoney – Trump taps fast food CEO as Labor secretary. Former senator, astronaut John Glenn dies at 95. Sears and Kmart store closings and losses mount. NBC to shut down Breaking News service.

Some bullets from MarketWatch – Oil climbs as traders brace for OPEC’s meeting with other producers. Trump won’t be a “dangerous” president, says Goldman’s CEO. Wal-Mart expands insurance coverage to transgender employees.

 

Oil up 1.81%. Gold down 0.43.

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

S&P 500 2,246.19 4.84 (0.22%)

Dow JIA 19,614.81 65.19 (0.33%).

Nasdaq 5,417.36 23.59 (0.44%).

dailymarketwrap12082016dowjonesindustrialaveragesp500nasdaqcredityahoofinance-manufacturedhousingindustrymarketsreportdailybusinessnewsmhpronews
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 The Carlyle Group (CG). The top sliders for the day were Deer Valley (DVLY) and NorthStar Realty Finance (NRF). 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

 

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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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