Yesterday’s brief rally now looks like a pause, as 9 days out of 10 in market trading end in the worst finish in years. The close was at 11,383, as three indices plummeted 10%. CNNMoney reports over 45 million Americans are on food stamps, some 15% of the population. The ‘recovery’ looks precariously fragile. The Yahoo! Finance’s Manufactured Housing Composite took a relatively mild downturn. The Composite was at 1,032.32, a decline of 18.96 (-1.80%). Berkshire Hathaway – parent to manufactured housing producers, lenders and suppliers such as Clayton Homes and Vanderbilt Mortgage – closed at 106750.00, -4207.00 (-3.79%). Cavco Industries slid -0.54 (-1.25%) to 42.71. Champion Homes and Deer Valley remained unchanged. Drew Industries closed at 18.35, with a decline of -1.02 (-5.27%). Equity Lifestyles Properties dropped -2.47 (-3.84%) to close at 61.82. Nobility 7.44 -0.29 (-3.75%). Patrick Industries ended at 2.22, -0.03 (-1.33%). Palm Harbor Homes $0.02 -0.0020 -11.76%. UMH 10.22 -0.28 (-2.67%). Skyline 14.11 -0.40 (-2.76%). UFPI 26.34 -0.64 (-2.37%).
(graphic credit: RealTick)