Noteworthy headlines on CNNMoney – Peter Thiel adds allies to Trump transition. Dow zooms over 1,000 points since Trump win. Stackable micro-apartments for the homeless. Billionaire who met Trump has a 300-year plan.
Some bullets from MarketWatch – Stocks storm to record highs as investors shake off Trump-inspired health-care drop. Chipotle can’t seem to clean up its act. Amazon and other online retailers are doing away with checkout and other traditional features.
Oil down 1.81%. Gold up 0.44.
Three Major U.S. Market Tickers and closing numbers at the bell today…
S&P 500 2,241.35 29.12 (1.32%)
Dow JIA 19,549.62 297.84 (1.55%).
Nasdaq 5,393.76 60.76 (1.14%).
The MH Industry – Today’s Risers and Sliders
The top two gainers for the day were Skyline Corp. (SKY) and Cavco Industries Inc. (CVCO). The top slider for the day was Louisiana-Pacific Corp. (LPX). Killam held steady today, as the stock is 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 (MHCV) 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.
