On the fourth day in a row that markets rose, and most manufactured housing industry tracked stocks rose as well, we will look at reports on data that may help explain why markets dropped in December, 2018. That will be this evening’s featured focus.
If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline report is found further below, after the newsmaker bullets and major indexes closing tickers.
The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets. Headlines – at home and abroad – often move the markets. So, this is an example of “News through the lens of manufactured homes, and factory-built housing.” ©
Part of this unique evening feature provides headlines – from both sides of the left-right media divide – which saves busy readers time, while underscoring topics that may be moving investors, which in turn move the markets.
Readers say this is also a useful quick-review tool that saves researchers time in getting a handle of the manufactured housing industry, through the lens of publicly-traded stocks connected with the manufactured home industry.
This is an exclusive evening or nightly example of MH “Industry News, Tips and Views, Pros Can Use.” © It is fascinating to see just how similar, and different, these two lists of headlines can be.
Want to know more about the left-right media divide from third party research? ICYMI – for those not familiar with the “Full Measure,” ‘left-center-right’ media chart, please click here.
Select bullets from CNN Money…
- The global market for smartphones is shrinking
- Smartphone sales fell for the first time in 2018. This year may be better
- The worst news for the stock market has been priced in — for now
- CEOs are leaving US companies as economic uncertainty grows
- The world’s richest couple is splitting up
- Cheap wine is over. Now one big alcohol company has to adjust
- More big consumer companies will bet on pot this year
- Her clothes are keeping female construction workers, firefighters and paramedics safe
- 4 signs a company is a good employer for women
- The Dow has spiked 2,000 points since Christmas Eve
- Saudi Arabia has always claimed vast oil reserves. An audit just proved it’s right
- Car sales drop in China for the first time in 20 years
- Miscarriages are common. At work, a culture of silence keeps women quiet
- Baidu self-driving vans to deliver Walmart groceries
- GM and DoorDash to deliver food in self-driving cars
- Waymo starts giving public rides in self-driving vans
- Uber wants to test self-driving cars again after fatality
- Planes may hold the secret to safe self-driving cars
- Chobani looks beyond yogurt
- Kroger and Microsoft partner up to take on Amazon
- Pizza Hut expands beer delivery service
- Chipotle’s new strategy: Dieters welcome
- This coffee company thinks it can beat Starbucks in China
Select Bullets from Fox Business…
- Amazon’s Jeff Bezos divorcing after 25 years of marriage
- Stocks rise on optimism about trade talks
- After Bezos split, here’s a look at some of the 5 most expensive divorce settlements
- MacKenzie Bezos could be world’s richest woman following divorce from Amazon CEO
- America’s cheese problem is at an all-time high
- Trump has bested Pelosi, Schumer on national security battle: Varney
- C. Penney announces more store closures
- Toyota announces recall of 1.3 million vehicles in US
- This could be the world’s biggest economy in 2030
- Trader Joe’s ranked top US grocery store chain
- Fed minutes reveal dovish approach to rate hikes this year
- Trade meetings conclude in China as hopes of a deal build
- New York City’s iconic Chrysler Building is up for sale
- Inside Disney’s massive ‘Star Wars’: Galaxy’s Edge attraction
- LA teachers prepare to strike for first time in 30 years
- Costly mistakes to avoid before and after a car accident
- Britain will leave EU on March 29
- Mortgage applications rise over 20% as rates drop
- Sears gets a lifeline, one last shot at survival
- Biggest engine ever to power Boeing’s biggest jet
- Dish Network Chair Charlie Ergen in 5G hot water with FCC
- Cowboys owner Jerry Jones’ $250M yacht has a helipad and spa
- Government shutdown: Trump giving best effort to ‘minimize’ impact, Sarah Sanders says
- 5G wireless spectrum expected to roll out in 2019 and 2020
- Top Trump official to pharmaceutical industry: President won’t stop until drug prices drop
Today’s markets and stocks, at the closing bell…
Manufactured Housing Composite Value (MHCV)
Today’s Big Movers
For all the scores and highlights on tracked manufactured home connected stocks today, see the Bloomberg graphic, posted below.
Today’s MH Market Spotlight Report –
Most manufactured housing industry track stocks rose today, as a look at the Bloomberg closing ticker on our evening market report reflects.
The question has been asked for weeks, what was behind the market sell-off in the final quarter of 2018 – notably in December? Here are some views on that subject from CNBC.
- First, on the upside, the 2017 tax cut ‘was not a sugar high,’ says one of the CNBC panelists, who says he doesn’t see a reason to fear recession until at least 2021 or 2022.
- In recent days, Apple, Constellation Brands, Lennar and Samsung have lowered financial forecasts.
- For the fourth quarter, 72 S&P 500 companies have issued earnings warnings, twice as many as have issued positive guidance, according to FactSet.
- Analysts are now looking for single-digit earnings growth for the next three quarters of this year.
The Fed is expected to be less aggressive this year too, as the latest meeting minutes and other indicators suggest.
Volatility is still expected, is a common view, but that will be due in part to global and political concerns. The U.S. economy, as MHProNews has reported for months, is still looking sound.
Bloomberg Closing Ticker for MHProNews…
NOTE: The chart below includes the Canadian stock, ECN, which purchased Triad Financial Services.
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).
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.
AMG, CG and TAVFX have investments in manufactured housing related businesses.
Your link to industry praise for our coverage, is found here.
For the examples of our kudos linked above…plus well over 1,000 positive, public comments, we say – “Thank You for your vote of confidence.”
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Submitted by Soheyla Kovach to the Daily Business News for MHProNews.com.