Concerns that the market is overheating were offset by investors expectations that the Fed’s bond buying will continue for the foreseeable future, driving the Dow and the S&P to all new highs. CNNMoney reports the Dow gained +54.78 points, +0.34 percent, to end the week at 16,064.77. The Nasdaq moved up +0.57 percent, +22.49 points, to close at 3,991.65, while the S&P gained 8.91 points, +0.50 percent, to finish at 1,804.76. The Yahoo! Finance Manufactured Housing Composite dropped -7.01 percent to close at 638.8. Housing stocks we track in today’s trading closed mixed or even. Sun Communities, Inc. gained the most of stocks we follow, +0.54 percent, +0.22 points, to end the day at 41.30, while Skyline Corp. fell the most of stocks we follow, -2.87%, -0.139%, to end the week at 4.71. Affiliated Managers Group 201.10 +0.68 (+0.34%). Cavco Industries 59.77 -0.11 (-0.18%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 175,000 +379.00 (+0.22%). Deer Valley remained unchanged at 0.66. Drew Industries remained unchanged at 51.46. Equity LifeStyle Properties 35.80 -0.11 (-0.31%). Liberty Homes remained unchanged at 0.51. Louisiana Pacific Corp. 15.93 -0.22 (-1.36%). Nobility Homes remained at 9.50. Patrick Industries 29.81 +0.02 (+0.07%). Third Avenue Value Fund (Nov. 21) 58.57 +0.20 (+0.34%). UMH Properties 9.39 -0.01 (-0.11%). Universal Forest Products, Inc. 51.52 -0.22 (-0.43%).
(Graphic credit: CNNMoney and RealTick)