Continuing today, the Daily Business News manufactured housing industry connected market report on MHProNews will add and tweak some features, in an ongoing effort to provide ever more useful and balanced information to readers.
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BREAKING: FIVE DEAD IN FT. LAUDERDALE AIRPORT SHOOTING, DEVELOPING.
Noteworthy headlines on CNNMoney – Dow hits 19,999.63 and retreats Amazon worth more than Sears, Macy’s and Target. Nearly all NYC subways about to get cell service. Apple cuts Tim Cook’s pay 15% for missing sales goals.
Some bullets from Fox Business – After coming within one point, Dow misses 20K. Struggling upscale retailer Neiman Marcus pulls IPO. Fmr. Wal-Mart U.S. CEO: technology is changing the retail platform.
Key Commodities
Crude Oil 54.54 –0.14 (-0.26%) Gold 1,172.60 –8.70 (-0.74%) Silver 16.51 –0.13 (-0.76%)
The markets at the Closing Bell Today…
S&P 500 2,276.98 7.98 (0.35%)
Dow 30 19,963.80 64.51 (0.32%)
Nasdaq 5,521.06 33.12 (0.60%)
Russell 2000 1,367.28 -4.65 (-0.34%)
The MH Industry – Today’s Risers and Sliders
The top two gainers for the day were The Carlyle Group (CG) and Sun Communities Inc. (SUI).
The top two sliders for the day were Deer Valley Corp. (DVLY) and UMH Properties Inc. (UMH).
Note: Nobility seems to have jumped, but a close look at the last traded date indicates that was on 12.29.2016, thus the top performers are those shown above.
Manufactured Housing Composite Value (MHCV) Ticker
NOTE: the chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above.
NOTE: Drew has changed their 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. 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 above.)
Submitted by RC Williams to the Daily Business News for MHProNews.