Patrick Industries Advances; Santa Continues Delivering to Investors

Schaeffer’s Investment Research reports the Dow has gained 68 percent of the time each Christmas week for the last 100 years, and this year is no exception, as Santa continues to deliver good news to investors. CNNMoney reports the Dow Jones Industrial Average gained 122.33 points, +0.75 percent, to close at 16,479.88. The Nasdaq moved up +0.28 percent, +11.76 points, to finish at 4167.18, while the S&P advanced +8.70 points, +0.47 percent, to end the day at 1,842.02. The Yahoo! Finance Manufactured Housing Composite gained +0.40 percent to close at 777. Housing stocks we track in today’s trading closed mixed or even, although Patrick Industries advanced 3.98 percent, gaining +1.17 points, to close at 30.55. Sun Communities, Inc. slipped the most of tracked stocks, -1.34 percent, -0.57, to close at 42.09. Affiliated Managers Group 214.78 +0.77 (+0.36%). Cavco Industries 69.37 -0.42 (-0.60%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 176,900 +890.00 (+0.51%). Deer Valley remained unchanged at 0.65. Drew Industries 50.76 -0.54 (-1.05%). Equity LifeStyle Properties 35.94 -0.07 (-0.19%). Liberty Homes remained unchanged at 0.68. Louisiana Pacific Industries 18.77 +0.04 (+0.21%). Nobility Homes 8.91 +0.16 (+1.83%). Skyline Corp. 4.92 -0.02 (-0.40%). Third Avenue Value Fund (Dec. 24) 56.85 +0.13 (+0.23%). UMH Properties 9.32 +0.04 (+0.43%). Universal Forest Products, Inc. 52.74 -0.26 (-0.49%).

(Graphic credit: CNNMoney and RealTick)

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