UMH, Drew and Carlyle Gain, Broader Markets Up, Oil Surges

Credit: CNN Money.

Noteworthy headlines on CNNMoney – Why Elizabeth Warren is working Wall Street (DBN coverage of Warren at Wells Fargo hearings here). Obamacare enrollment projected to grow 9% in 2017. Saudi Arabia borrows $17.5 billion from global investors.

Some bullets from MarketWatch – Yellen may be giving the sign to buy hard assets. S&P 500 loses its grip on rallies at 3 distinct times during the day. 10 countries that pour the most investment dollars into the U.S. Architect of the euro now says it is a house of cards.

Oil up 2.09%. Gold up 0.57.

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

S&P 500 2,144.29 4.69 (0.22%)

Dow JIA 18,202.62 40.68 (0.22%).

Nasdaq 5,246.41 2.57 (0.05%).


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 Drew Industries Inc. (DW) and the Carlyle Group LP (CG). The top two sliders for the day were Universal Forest Products Inc. (UFPI) and Sun Communities Inc. (SUI). Deer Valley held steady, 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.).

ELS spotlighted in a report linked here.

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 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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