Continuing today, the Daily Business News manufactured housing industry connected market report on MHProNews will add and tweak some features, in an ongoing effort to provide ever more useful and balanced information to readers.
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Noteworthy headlines on CNNMoney –Trump’s historic moment arrives. Stocks greet Trump era with a bounce. Clinton ally taps Clinton critic to lead “Breitbart of the left.” Massive Pittsburgh area mall sold for $100.
Some bullets from Fox Business – More M&A likely under Trump Administration. Oil prices jump ahead of producers’ compliance meeting. 5,000 Free Joints Passed out in D.C. for Trump Inauguration. Ted Cruz: We Can Have the Most Productive Congress in Decades.
Key Commodities
Crude Oil 53.18 1.06 (2.03%) Gold 1,210.10 5.90 (0.49%) Silver 17.08 0.08 (0.49%)
The markets at the Closing Bell Today…
S&P 500 2,271.31 7.62 (0.34%)
Dow 30 19,827.25 94.85 (0.48%)
Nasdaq 5,555.33 15.25 (0.28%)
Russell 2000 1,351,85 6.10 (0.45%)
The MH Industry – Today’s Risers and Sliders
The top two gainers for the day were Nobility Homes Inc. (NOBH) and Affiliated Managers Group Inc. (AMG).
The top two sliders for the day were LCI Industries Inc. (LCII) and Skyline Corp. (SKY).
Manufactured Housing Composite Value (MHCV) Ticker
NOTE: the chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above.
NOTE: Drew has changed their name and trading symbol at the end of 2016 to Lippert (LCII).
Berkshire Hathaway is the parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers. LCI Industries, 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 for MHProNews.
