Notice. Friday’s closing numbers and typical data recap was unavoidably delayed by what was originally thought to be day meetings, that ended up going long, turned into an unplanned overnight, that went well into Saturday.
Hopefully the rare absence Friday evening of this data made the hearts of our faithful readers grow fonder.
Because no one else in manufactured housing even comes close to providing the sheer quantity – as well as quality – of news, with independent analysis, and commentary. Our uptime and publishing schedule reliability hover around 99.8% (+/-).
So, this following recap of Friday closing numbers stands starkly apart from our normal reports. You can see what that looks like, by reviewing the data from Thursday, linked here. We anticipate being back to our normal routine on Monday.
With that disclosure, let’s dive in.
If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline report is found further below, after the newsmaker bullets and major indexes closing tickers.
The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets. Headlines – at home and abroad – often move the markets. So, this is an example of “News through the lens of manufactured homes, and factory-built housing.” ©
Part of this unique evening feature provides headlines – from both sides of the left-right media divide – which saves busy readers time, while underscoring topics that may be moving investors, which in turn move the markets.
Readers say this is also a useful quick-review tool that saves researchers time in getting a handle of the manufactured housing industry, through the lens of publicly-traded stocks connected with the manufactured home industry.
This is an exclusive evening or nightly example of MH “Industry News, Tips and Views, Pros Can Use.” © It is fascinating to see just how similar, and different, these two lists of headlines can be.
Want to know more about the left-right media divide from third party research? ICYMI – for those not familiar with the “Full Measure,” ‘left-center-right’ media chart, please click here.
Friday’s markets and stocks, at the closing bell…
Today’s Big Movers
For all the scores and highlights on tracked manufactured home connected stocks today, see the Bloomberg graphic, posted below.
Today’s MH Market Spotlight Report –
This clip is from MSNBC, David Rutz, with a panel discussion about the Green New Deal (GND) that includes Senator Dick Durbin (IL-D).
Senator Durbin Asks – ‘What the Heck is This?’ But Asks Republicans Question
To answer Senator Durbin’s question as an independent, of course, people influence and impact the environment. Every building, every fire, every farming activity, hunting -you name the human activity – and it has some sort of impact on planet earth.
That impact may be good, harmful or something in between.
That’s the easily answered question that Senator Dick Durbin (IL-D) posed during the video interview, above. The Illinois legislator’s website says “Senator Durbin serves as the Democratic Whip the second-highest ranking position in the Senate for the Democratic Caucus.
What that video clip doesn’t ask or answer is this next pair of questions. Will a socialistic-led power grab by enthusiasts of the Green New Deal – which includes Democratic presidential hopefuls and promises to upend almost every aspect of American life, including housing – become law?
Or should “We, the People” allow our constitutional republic of defined and limited powers to be replaced by a draconian system that mandates every aspect of American life?
As Chance Would Have It
MHProNews was in Orlando on business Friday and Saturday. Among those we met and had discussions with was a Venezuelan, whom we will refer to as Mercurio.
Mercurio said he’s been in the U.S. with his wife for about a year now. His parents and other relatives are still in deeply troubled Venezuela. He denounced the Socialistic Nicolás Maduro regime, which he is not convinced will exit peacefully. He praised interim president Juan Guaido, that the Trump Administration and a growing list of international leaders has recognized.
Mercurio hopes that the interim president will be able to truly take over the government, and begin resorting the shambles of the once far more prosperous Latin American nation.
Mercurio has a simple message for those who will listen. Having lived the rapid decline of his beloved Venezuela, ‘don’t buy the lies of socialism.’ No matter how well intentioned a person might be, Mercurio says that there’s only misery.
Or as another writer put it, you can vote socialists into power, but once they grab power, they often can only be removed by force.
So, while Senator Durbin and dozens of Democrats debate the merits – or lack thereof – of the Green New Deal, keep in mind the tragic lessons of Venezuela.
See the related reports, further below.
Bloomberg Closing Ticker for MHProNews…
NOTE: The chart below includes the Canadian stock, ECN, which purchased Triad Financial Services.
NOTE: The chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above.
NOTE: Drew changed its 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.
AMG, CG and TAVFX have investments in manufactured housing related businesses.
Your link to industry praise for our coverage, is found here.
For the examples of our kudos linked above…plus well over 1,000 positive, public comments, we say – “Thank You for your vote of confidence.”
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Submitted by Soheyla Kovach to the Daily Business News for MHProNews.com.