“We Provide, You Decide.” ©
Noteworthy headlines on CNNMoney – Facebook ethics under fire after live torture video. Why so many people hate Obamacare. Trump’s debt spread across 150 companies: WSJ. How T-Boone Pickens became a financial guru. How T-Boone Pickens became a financial guru.
Noteworthy headlines on Fox Business – Trump Threatens Toyota Over Mexico Plant. Trump’s Plan to Overthrow the Tax System: What You Need to Know. Stocks Drop as Investors Unwind Postelection Trades. Bitcoin Slides as Much as 20% as Chinese Yuan Rises. Mexico Cenbank Sells $1B to Prop Peso After Trump Slump.
Key Commodities.
Crude Oil 53.82 0.56 (1.05%)
Gold 1,181.00 15.70 (1.35%)
Silver 16.64 0.08 (0.50%)
Markets at the Closing Bell Today…
S&P 500 2,269.00 -1.75 (-0.08%)
Dow 19,899.29 -42.87 (-0.21%)
Nasdaq 5,487.94 10.93 (0.20%)
Russell 2000 1,371.94 -16.02 (-1.15%)
The MH Industry – Today’s Risers and Sliders
The top two gainers for the day were Deer Valley Homebuilders (DVLY) and Equity LifeStyle Properties (ELS).
The top two sliders for the day were UMH Properties (UMH) and Universal Forest Products Inc (UFPI).
A closer look report on Deer Valley Homebuilders is linked here.
A recent, more in-depth report on Nobility Homes is linked here.
A recent, more in-depth report on Sun Communities is linked here.
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.)
