Jeff Bezos’ Amazon Alexa Fund has invested in factory-home building. Other FAANG stocks have a direct impact on manufactured housing, for marketing and other reasons. Investors ran for cover today for reasons noted in our left-right bullet headlines, below. The drop in FAANG will be our featured report this evening.
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…
- BREAKING Dow drops 799 points on trade, slowdown fears
- WATCH: Why investors are selling tech stocks
- ANALYSIS: 2018 may be as good as it gets for the stock market
- GM’s restructuring was tough. Ford’s could be even harder
- Europe won’t give up on new tech taxes
- White House backs off privatizing the Postal Service
- PERSPECTIVES Quotas are a terrible way to promote board diversity. Companies should do this instead
- Forget Bezos. Marc Benioff is having a moment
- Marc Benioff: Technology feels completely human
- Video game stocks get crushed as Fortnite still reigns
- How a ‘brick wall moment’ helped this Microsoft exec make her mark
- The challenges of being the only woman at work
- Porsche just remade the 911
- Top CFOs are being targeted by a sophisticated email scam
- Fate of The Weekly Standard is uncertain, editor tells staff
- 20181203 perspectives gw bush
- PERSPECTIVES What I learned on a 3-hour plane ride with George H.W. Bush
- UPS and FedEx stocks drop on Amazon Air threat
- Amazon HQ2 sites have been decided. Now the real work begins
- How 5G could soon be a game-changer
- Most downloaded iOS apps of 2018
- Tumblr cracks down on adult content
- Quora says 100 million users hit by breach
- The US economy is strong. Three signs it won’t last
- America’s economy is still robust, says Fed chair
- Bitcoin prices keeps plunging. When will they hit bottom?
- Fed hints rate hikes will slow down
- When stock market swings should raise alarms
Select Bullets from Fox Business…
- Dow sinks 799 points on bond and trade fears
- Bond market forecasting a recession?
- Markets not an economic bellwether: Mnuchin
- Banks take beating amid stock and bond carnage
- Millennials blamed for killing these businesses
- Salmonella concerns cause USDA to recall 12 million pounds of beef
- I hope GM can retool plants quickly says Steven Mnuchin
- All wireless data can be compromised in one fell swoop: Expert
- This new, healthy artificial sweetener promises to taste like sugar but without calories
- Retirement reform: What lawmakers are missing
- Ohio State coach Urban Meyer retires as state’s highest-paid public official
- NHL approves Seattle expansion team for record $650M fee
- WWE CEO Vince McMahon nets $22M from stock sales amid XFL reboot
- George H.W. Bush National Day of Mourning closes banks and Wall Street
- French riots: How a fuel tax increase sparked violent protests
- Trump’s China auto deal could help these countries
- Middle-class workers are victims of Silicon Valley’s tech boom
- Proposed Postal Service reforms could hike package delivery costs
- China trade commitments will begin ‘immediately’: Larry Kudlow
- BMW, Daimler execs to meet Trump team amid auto tariff warnings
- Trump to end this subsidy to automakers amid GM threats
- Disney adjusts CEO Bob Iger’s stock bonus package
- HSBC downgrades Apple shares as it warns of ‘market saturation’
- Ex-Chiefs star Kareem Hunt cost himself millions with hotel assault video
- Altria and Canadian pot co. Cronos in talks
- Michael Bloomberg for president in 2020? Iowa climate panel fuels rumors
- Kroger eyes grocery expansion in Walgreens stores
- Bill Gates’ favorite books in 2018
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 –
Per CNBC, here’s the drop in values of the various FAANG stocks.
- Facebook fell 2.2 percent, losing $7.6 billion in implied market value
- Amazon fell 5.9 percent, losing $50.8 billion in implied market value
- Apple fell 4.4 percent, losing $38.5 billion in implied market value
- Netflix fell 5.2 percent, losing $6.5 billion in implied market value
- Alphabet fell 4.8 percent, losing $37.5 billion in implied market value
Google and Facebook have come under particular scrutiny lately.
In Google’s case, see the video and related report found by clicking on the linked-box below, as this shines a light on our industry in several ways.
Does Google Harm Manufactured Housing? Other Forms of Free Speech?
Ask anyone who is involved in manufactured housing marketing if Google influences their business, and they will tell you, ” yes.” So, does the influence and power of Google help or harm our industry? Can it confuse or mislead people about the reality of manufactured homes?
MHProNews has noted that while change is often feared, the history of breaking up a trust like AT&T in the 1980s resulted in more growth. There are good reasons that a growing number of experts and advocates on either side of the left-right divide want to see the FAANGs broken up. Onto the list, should be Berkshire Hathaway too.
#DeFangBM
The following are not the only purported purveyors of monopolistic moats, manipulating misinformation, or harmful policies and practices. But they are a good start. The companies listed ought to broken up under federal antitrust laws. Not regulated. Broken up. Don’t worry, the world didn’t stop when the AT&T monopoly was broken up in the 1980s, America benefited.
Want more growth and less volatility? Break up the power of those that are able to manipulate and move politics and the markets so readily.
Google Employees Go Public, Protest Controversial “Project Dragonfly”
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.