Noteworthy headlines on CNNMoney – Frustration runs deep for ObamaCare customers. Wells Fargo fraud: Bank was warned years ago. Social Security checks get measly $3.92 bump.
Some bullets from MarketWatch – SEC fines Ernst & Young for not spotting client’s earnings manipulation. The U.S. economy is getting the wrong kind of inflation these days. Chipotle may be the worst restaurant for investors. U.S. stocks close higher in broad rally, boosted by Goldman Sachs, Netflix results.
Oil up 0.64%. Gold up 0.53.
Three Major U.S. Market Tickers and closing numbers at the bell today…
S&P 500 2,139.60 13.10 (0.62%)
Dow JIA 18,161.94 75.54 (0.42%).
Nasdaq 5,243.84 44.01 (0.85%).
The MH Industry – Today’s Risers and Sliders
Top two gainers for the day were NorthStar Realty Finance (NRF) and UMH Properties Inc. (UMH). The top two sliders for the day were Drew Industries Inc. (DW) and Cavco Industries Inc. (CVCO). Killam and Deer Valley held steady, as those stocks 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.).
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 for MHProNews.