Cavco, Third Ave slide while UFPI, Sun & UMH lead gainers

MarketWatch’s bullets and headlines for today include: More gas-price spikes on tap for southeastern states with pipeline shut. Central banks are buying lots of gold, so what do they know? A surprise Fed interest-rate hike this week can’t be ruled out. By this measure, China’s banking sector could implode within 3 years. Economist Robert Shiller: The coming revolution against the nation-state.

CNNMoney’s bullets included: Wells Fargo CEO fights to save job. Bumpy day on Wall St. after NY bombing. Oil and gold both closed slightly down.

Three Major U.S. Market Tickers and numbers at the closing bell today…

S&P 500: 2,139.12 -0.04 (0.00%).

Dow JIA: 18,120.17  -3.63 (-0.02%).

Nasdaq: 5,235.03  -9.54 (-0.18%).

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

The MH Industry – Todays Risers and Sliders

Cavco Industries Inc. and TAVFX lead declining stocks, as shown below. Universal Forest Products Inc., Sun Communities followed closely by UMH Properties. Patrick Industries earned a coveted award, see the report linked here. Note too RC William’s Nobility Homes quarterly report, linked here. A recent report on SUN Communities by RC Williams, is linked here. Another look by the Daily Business News on a tracked stock is planned for tomorrow.

Note: the chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above. Note that Deer Valley and Killam only trade periodically, and Bloomberg reports the last day that stock was traded.  The TAVFX is result is reported for the prior trading day.

Berkshire Hathaway is the parent company to Clayton Homes, 21^st 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.)

MH Industry Market Report by L. A. “Tony” Kovach, to the Daily Business News for MHProNews.