Equity LifeStyle Properties Leads Up Day for MHCV, Broader Markets Down

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Credit: CNN Money.

Noteworthy headlines on CNNMoney – Civil rights groups brace for “chaotic election.” Warren calls out KPMG for Wells Fargo disaster. U.S. economy posts best growth in 2 years.

Some bullets from MarketWatch – FBI restarting probe into Hillary Clinton’s emails. Drug stocks sink as backlash against price hikes hits bottom lines. Green Party’s Jill Stein defends Big Oil fund investments after “smear attack.”  Oil futures fall as major producers prepare for weekend meeting.

Oil down 1.97%. Gold up 0.51.

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

S&P 500 2126.41 -6.63 (-0.31%)

Dow JIA 18,161.19 –8.49 (-0.05%).

Nasdaq 5,190.10 –25.87 (-0.50%).

 

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

 

The MH Industry – Today’s Risers and Sliders

Top two gainers for the day were Equity LifeStyle Properties (ELS) and Universal Forest Products Inc. (UFPI). The top two sliders for the day were The Carlyle Group LP. (CG) and Louisiana-Pacific Corp. (LPX). Killam held steady, as the stock is only being bought/sold periodically. (Notice: ALWAYS look at the date on the Bloomberg chart below, as some stocks aren’t traded daily, etc.).

 

Manufactured Housing Composite Value Ticker

dailymarketwrap10282016dowjonesindustrialaveragesp500nasdaqcredityahoofinance-manufacturedhousingindustrymarketsreportdailybusinessnewsmhpronews
Credit: Yahoo Finance.

Note: the chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above.

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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.  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.)

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RC Williams, for Daily Business News, MHProNews.

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

 

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