Skyline, Sun Communities Up, Down Day Manufactured Housing CV, Broader Markets Slip Again

Credit: CNN Money.

Noteworthy headlines on CNNMoney – U.S. inequality keeps getting uglier. Elizabeth Warren watchdog under siege. Economy is stronger than we thought. Trump picks press secretary, communications director.

Some bullets from MarketWatch – Five ways Trump will give Americans more opportunities. Icahn: If you’re going to have a trade war with China, “get it over with.” SEC takes Tesla to task over accounting practices. Housing’s big question — what will happen when buyers think 4% rates are “crazy”.

Oil up 0.11%. Gold down 0.23.

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

S&P 500 2,260.96 –4.22 (-0.19%)

Dow JIA 19,918.88 –23.08 (-0.12%).

Nasdaq 5,447.42 –24.01 (-0.44%).

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


The MH Industry – Today’s Risers and Sliders

The top two gainers for the day were Skyline Corp. (SKY) and Sun Communities Inc. (SUI). The top two sliders for the day were NorthStar Realty Finance (NRF) and The Carlyle Group. (CG). Killam and Deer Valley held steady today, as the 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.).

Note: With this report linked here, we are starting our coverage of Tricon Capital.  See them in the Daily Business News/Bloomberg ticker, below.

Manufactured Housing Composite Value (MHCV) 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 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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