Cavco Soars, Manufactured Housing CV, Broader Markets Rebound

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Credit: CNN Money.

Noteworthy headlines on CNNMoney – U.S. airlines want Trump to take on Gulf rivals. U.S. autoworkers score record bonuses. Debate Night: Sanders vs. Cruz on CNN. GM sells 10M cars for first time thanks to China.

Some bullets from Fox Business U.S. Senate moves Jeff Sessions toward confirmation as Attorney General. Nigel Farage: Brexit, Trump was the beginning of a political revolution. Education Secretary Betsy DeVos on school choice, vouchers and religion. Disney revenue falls, weighed by ESPN and studio business.

 

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Key Commodities

Crude Oil 52.27 –0.74 (-1.40%) Gold 1,235.40 3.30 (0.27%) Silver 17.77 0.01 (0.08%)

 

The markets at the Closing Bell Today…

 

S&P 500 2,293.08 0.52 (0.02%)

Dow 30 20,090.29 37.87 (0.19%)

Nasdaq 5,674.22 10.66 (0.19%)

Russell 2000 1,361.06 –5.60 (-0.41%)

dailymarketwrap272017dowjonesindustrialaveragesp500nasdaqcredityahoofinance-manufacturedhousingindustrymarketsreportdailybusinessnewsmhpronews
Image credit, Yahoo, posted for the Daily Business News, MHProNews.

 

The MH Industry – Today’s Risers and Sliders 

The top two gainers for the day were Cavco Industries Inc. (CVCO) and Tricon Capital Group Inc. (TCN).

The top two sliders for the day were Skyline Corp. (SKY) and LCI Industries (LCII).

 

Manufactured Housing Composite Value (MHCV) Ticker

dailymarketwrap272017yahoomanufacturedhousingcompositevaluemanufacturedhousingindustrydailybusinessnews-mhpronews
Credit: Yahoo Finance.

 

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).

Dailymarketwrap272017bloombergtickermanufacturedhousingindustryrelatedmarketreportdailybusinessnews-mhpronews
Graphic credit, Bloomberg Ticker for Daily Business News Manufactured Housing Industry Connected Stock Market Report, MHProNews.

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, while AMG, CG and TAVFX have investments in manufactured housing related businesses. ##

(Image credits are as shown above.)

rcwilliams-writer75x75manufacturedhousingindustrymhpronews
RC Williams, for Daily Business News, MHProNews.

Submitted by RC Williams to the Daily Business News for MHProNews.

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