Third Ave MH Position Revealed, Markets Welcome Comey-Trump Nothing Burger

Bullet points from CNN Money:

  • House to vote on killing Dodd-Frank today.
  • Dow hits record high in the midst of Comey hearing.
  • Pro-Trump media claims vindication in Comey hearing.
  • Jamie Dimon’s heir apparent at JPMorgan is leaving.
  • Trump’s renewable energy cuts alarm former officials.
  • Verizon’s Yahoo deal closes next week, layoffs coming.
  • As insurance options fade, Delaware families hold breath.
  • Trump’s $1 trillion infrastructure promise has an obstacle.
  • 3M first-time homebuyers have been shut out of market.

Bullet headlines from Fox Business:

  • Comey testimony confirmed Trump never sought to impede investigation: Lawyer Kasowitz.
  • President Trump’s Lawyer Marc Kasowitz addressed the press following former FBI Director James Comey’s testimony in front of the Senate Intelligence Committee.
  • Stocks fall flat after Comey testimony yields no surprises.
  • Bob Mueller will close Russia investigation in three months, fmr. FBI Asst. Director Coulson says.
  • Comey testimony: Many Russia probe news stories were ‘dead wrong.’
  • Oil falls, lowest settlement since November output cut deal.
  • House votes to gut Dodd-Frank.
  • Comey testimony doesn’t warrant impeachment charges: Former DOJ official.
  • U.S. tax cuts will be delayed, smaller than expected: JPMorgan forecast.

9 market indicators, at the closing bell…

S&P 500 2,433.79 +0.65 (+0.03%)

Dow 30 21,182.53 +8.84 (+0.04%)

Nasdaq 6,321.76 +24.38 (+0.39%)

Crude Oil 45.63 -0.09 (-0.20%)

Gold 1,281.20 -12.00 (-0.93%)

Silver 17.42 -0.20 (-1.16%)

EUR/USD 1.1214 -0.0048 (-0.42%)

10-Yr Bond 2.194 +0.016 (+0.73%)

Russell 2000 1,415.61 +18.94 (+1.36%)

Manufactured Housing Composite Value

ManufacturedHousingCompositeValue682017YahooDailyBusinessNewsMHProNewsToday’s Big Movers

LCI (previously, Drew) and Cavco led gainers.  Most community stocks slipped (see chart below).

Today’s MH Market Spotlight Report

MatthewFineThirdAveContrarianConvnetionValueStriveGoOppositeDirectionLookingGreatOpportunitiesMHProNews
Credit, Third Ave Website.

 

 

ThirdAvePositionManufacturedHousingManufacturedHousingIndustryDailyBusinessNewsMHProNews
Click here or the above to see the complete Third Ave report that it was screen captured from.

MHProNewsManufacturedHousingIndustryConnectedStockMarketReportSpotlight

ThirdAve1YearSnapshotManufacturedHousingIndustryConnectedMarketReportsDataDailyBusinessNewsMHProNews682017
Facts, figures, data, documents insights harvested by the Daily Business News on MHProNews. “We Provide, You Decide.” ©

 

See Recent Exclusive 1 Year Snapshot of All Tracked Stocks

http://www.MHProNews.com/blogs/daily-business-news/manufactured-housing-industry-markets-wall-street-reacts-to-trumponomics-1-year-data-snapshot/

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).

ManufacturedHousingIndustryConnectedStocksREITsHomeCommunitiesBloomberg682017DailyBusinessNewsMHProNews

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, while AMG, CG and TAVFX have investments in manufactured housing related businesses.

We Provide, You Decide.” © ##

(Image credits are as shown above, and when provided by third parties, are shared under fair use guidelines.)

SoheylaKovachManufacturedHomeLivingNewsManufacturedHousingIndustryDailyBusinessNewsMHProNews-Submitted by Soheyla Kovach to the Daily Business News for MHProNews.

 

 

 

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