UMH Properties and Skyline Homes Buck the Tide, as most markets and stocks close down

cnnmoney-dow5dayticker-manufacturedhousingindustryconnectedstocks-posteddailybusinessnewsmhpronewsSome headlines on CNN Money – Wells Fargo drumbeat grows louder. House hearing next? Health care costs rise by most in 32 years (read potential “ouch” for ObamaCare supporters). Some MarketWatch headlines – This is the national-debt problem Congress won’t talk about; The debt danger Americans should really worry about comes from credit cards and student loans. ITT is the second major for-profit college to declare bankruptcy since last year. The U.S. economy and the stock market will survive this presidential election.

Oil and Gold both slide.

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

S&P 500 2,139.16  -8.10  (-0.38%).

Dow JIA  18,123.80  -88.68  (-0.49%).

Nasdaq 5,244.57  -5.12  (-0.10%).

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

The MH Industry – Todays Risers and Sliders

The top two sliders for the day were Carlyle and Drew.  The top two gainers were UMH Properties and Skyline Homes. Killam and Deer Valley held steady, as those stocks are only being bought/sold periodically (ALWAYS look at the date on the Bloomberg chart below). Please note the Nobility Homes quarterly report, linked here. A recent report on SUN Communities by RC Williams, is linked here.

yahoomanufacturedhousingcompositevalue-manufacturedhousingindustryconnectedstocks-posteddailybusinessnewsmhpronews
Image credit, Yahoo, posted for the Daily Business News, MHProNews.

Note: the chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above.

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Graphic credit, Bloomberg Ticker for Daily Business News Manufactured Housing Industry Connected Stock Market Report, MHProNews.
bloomberg-credit-manufacturedhousingindustryconnectedstocks-posteddailybusinessnewsmhpronews
Graphic credit, Bloomberg Ticker for Daily Business News Manufactured Housing Industry Connected Stock Market Report, MHProNews.

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.)

l-a-tony-kovach-daily-business-news-mhpronews-
L. A. ‘Tony’ Kovach is the publisher of MHProNews.com, MHLivingNews.com and MH Consultant.

MH Industry Market Report by L. A. “Tony” Kovach, to the Daily Business News for MHProNews.

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