MHCV values went up 7.95%.  Most of the manufactured housing stocks we track changed little. Only SKY 1.90% and KMP 1.09% had some small gains.

Marketwatch tells MHProNews that as the saying goes, there’s nothing as bullish as a fresh record, except the last one. This means that there are signs that the rising stock market may be wrong. If it’s all about the economy, then stock-market bulls may want to think twice about betting on further gains. Investors often ignore disappointing economic information as a bull market progresses, just as they did before the previous two recessions. And when market prices just start building rapidly on themselves, without a strong economic platform or continued stimulus from the Federal Reserve, the market bubble that is created should eventually pop.

Listed below are the closing numbers for today’s stock trading.

            Dow Jones     18,047.58        +28.23            (0.16%).

            S&P 500          2,100.34           +3.35            (0.16%).        

            Nasdaq            4,899.27           +5.43            (0.11%).

The Yahoo! Finance Manufactured Housing Composite Value (MHCV): Composite Value: 608.8  Today’s Change:  +7.95%

As of approximately 4 PM ET: CNNMoney and Google Finance tell MHProNews:

Affiliated Managers Group, Inc. (NYSE: AMG)  217.33  +1.56 (0.72%).

Berkshire Hathaway (NYSE:BRK.A)– parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage, 21^st Mortgage Corp., and other factory built housing industry suppliers.  223,300.00  +745.00 (0.33%).

Carlyle Group (NASDAQ:CG) 28.02  -0.16 (-0.57%).

Cavco Industries, Inc. (NASDAQ:CVCO)  73.80  -0.27 (-0.36%).

Deer Valley Corporation (OTCMKTS:DVLY) 0.550 0.000 (0.00% Feb. 12).

Equity LifeStyle Properties, Inc. (NYSE:ELS) 53.97 +0.26 (0.48%).

Killam Properties Inc. (TSE:KMP) 11.17 +0.12 (1.09%).

Liberty Homes, Inc. (OTCMKTS:LIBHA) 0.0500  0.0000 (0.00% Feb. 10).

Louisiana-Pacific Corporation (NYSE:LPX) 17.41 -0.03 (-0.17%).

Nobility Homes Inc. (OTCMKTS:NOBH) 10.00  +0.45 (4.71% Feb. 12).

Skyline Corporation (NYSEMKT:SKY) 3.75  +0.07 (1.90%).

Sun Communities Inc. (NYSE:SUI) 66.89  +0.31 (0.47%).

Third Avenue Value Fund Institutional Class (OTCMKTS:TAVFX)58.03+0.31(0.54% Feb. 13).

UMH Properties, Inc. (NYSE:UMH) 9.47  -0.07 (-0.73%).

Universal Forest Products, Inc. (NASDAQ:UFPI) 52.27 -0.02 (-0.04%).

(Graphic credit: CNNMoney)

 

Article Submitted by Sandra Lane to – Daily Business News- MHProNews.