Patrick Industries Leads Strong Day for MHCV – Broad Markets Up on Oil News

Credit: CNN Money

Noteworthy headlines on CNNMoney – Buffett: “I’ve paid federal income tax every year since 1944.” Trump Taj Mahal closes its doors in Atlantic City. Samsung halts production of Galaxy Note 7. Second Clinton-Trump debate sees big ratings drop (DBN coverage here.)

Some bullets from MarketWatch – U.S. stocks end higher as oil rallies to best settlement in more than a year. Carl Icahn loses $350 million bet on the Trump Taj Mahal. U.S. stocks climb on oil, energy sector gains.

Oil up 1.80%. Gold up 0.59.

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

S&P 500 2,163.66 9.92 (0.46%)

Dow JIA 18,329.04 88.55 (0.49%).

Nasdaq 5,328.67 36.27 (0.69%).

Image credit, Yahoo, posted for the Daily Business News, MHProNews.


The MH Industry – Today’s Risers and Sliders

Top two gainers for the day were Patrick Industries (PATK) and NorthStar Realty Finance Corp. (NRF). The top two sliders for the day were Affiliated Managers Group Inc. (AMG) and Equity LifeStyle Properties Inc. (ELS). 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

Credit: Yahoo Finance.

Note: the chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above.

Graphic credit, Bloomberg Ticker for the 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.)

RC Williams, for Daily Business News, MHProNews.

Submitted by RC Williams to the Daily Business News for MHProNews.

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