Noteworthy headlines on CNNMoney – Debate most watched in history. Fed under attack, but still profitable for taxpayers. U.S. probes Wells Fargo whistle blower complaints.
Some bullets from MarketWatch – Congress deadlocked over funding bill as government shutdown looms. Chesapeake Energy’s stock plunges as Carl Icahn loses interest. Nike stock down 4%.
Oil and Gold both down over 1%.
Three Major U.S. Market Tickers and closing numbers at the bell today…
S&P 500 2,159.93 13.83 (0.64%)
Dow JIA 18,228.30 133.47 (0.74%).
Nasdaq 5,305.71 48.22 (0.92%).
The MH Industry – Today’s Risers and Sliders
Top two gainers for the day were Patrick Industries (PATK) and Drew Industries (DW.) The top two sliders for the day were Equity LifeStyle Properties (ELS) and Third Avenue Value Funds (TAVFX.) Killam and Deer Valley held steady, as those stocks are only being bought/sold periodically. (ALWAYS look at the date on the Bloomberg chart below, as some stocks aren’t traded daily, etc.)
Skyline spotlighted in the new report linked here.
Manufactured Housing Composite Value Ticker
Note: the chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above.
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.)
Submitted by RC Williams to the Daily Business News, MHProNews.