If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline reports are found further below, just beyond the Manufactured Housing Composite Value for today.
The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.
Part of this unique feature provides headlines – from both sides of the left-right media divide – that saves readers time, while underscoring topics that may be moving investors, which in turn move the markets.
Readers say this is also a useful quick-review tool that saves researchers time in getting a handle of the manufactured housing industry, through the lens of publicly-traded stocks connected with the manufactured home industry.
MH “Industry News, Tips and Views, Pros Can Use.” ©
Selected headlines and bullets from CNN Money:
- What the Koch brothers’ stake in Time Inc. means
- How Millennials are fighting for your holiday dollars
- Tumblr founder David Karp to step down
- How much does a royal wedding cost?
- Black Friday was huge for gun sales
- What happened to Trump’s crackdown on ‘hedge fund guys?’
- This is how long it takes to sell a house
- Poor Americans would lose billions under Senate tax bill
- Amazon vs. Walmart: Rest of retail fights for crumbs
- Bitcoin’s incredible surge hits new heights
- Branson: I don’t remember alleged sexual assault
Selected headlines and bullets from Fox Business:
- Walmart is stealing Amazon’s thunder
- Will Amazon fulfillment centers keep up with potential Cyber Monday records?
- Stocks mixed as oil’s drop overshadows Amazon on Cyber Monday
- Oil falls on U.S. drilling but OPEC cuts support market
- Cyber Monday on track to set record for online sales
- ‘Ashamed’ Franken says he won’t quit Senate over groping accusations
- Prince Harry is getting married; Inside the cost of royal weddings
- Vice President Pence to meet with U.S. automakers on trade
- Mulvaney vows not to ‘decimate’ CFPB as acting director
- Sen. Ron Johnson could soon become ‘yes’ vote on tax reform: White House
- TransCanada excavates damaged part of leaked pipeline: South Dakota official
- Death and taxes frame estate tax debate
- Mike Huckabee on PieGate: Don’t mess with a southern woman and her homemade pies
- Schumer warns at-home DNA tests could put your sensitive data at risk
ICYMI – for those not familiar with the “Full Measure,” ‘left-right’ media chart, please click here.
Today’s markets and stocks, at the closing bell…
S&P 500 2,601.42 -1.00(-0.04%)
Dow 30 23,580.78 +22.79(+0.10%)
Nasdaq 6,878.52 -10.64(-0.15%)
Crude Oil 57.91 -1.04(-1.76%)
Gold 1,293.40 +6.10(+0.47%)
Silver 17.01 +0.02(+0.14%)
EUR/USD 1.19 -0.0031(-0.26%)
10-Yr Bond 2.33 -0.01(-0.51%)
Russell 2000 1,513.22 -5.85(-0.39%)
Manufactured Housing Composite Value
Today’s Big Movers
For all the scores and highlights on tracked manufactured home connected stocks today, see the Bloomberg graphic, posted below.
Today’s MH Market Spotlight Report –
Experts Answer, Where’s the Top of this Market?
Our spotlight today comes from CNBC, but first, a reminder of the simple MHProNews take.
Given meaningful tax reform’s passage this year, expect the market’s to continue their climb for some time.
Absent that, all bets are off. While deregulation will help, Jaime Dimon was quite right. Tax reforms are the only way to keep America competitive in the world.
Why Democratic Leaning Jaime Dimon, of JP Morgan, Calls Americans to Support Tax Reform
- S&P 500, Russell 2000 and other measures continue to hit record highs.
- Once again, there’s a litany of reasons the market is in imminent danger of falling apart.
- The NYSE advance/decline line is at an historic high. It’s not just large-cap stocks. The small-cap and mid-cap advance/decline line is also at new highs.”
Some other quotable quotes from CNBC today included the following.
“Lowry Research, the oldest technical analysis service in the United States, has noted for many years that declines in the advance/decline line begin, on average, four to six months prior to the final market high. Based on this metric, we’re at least several months from a market top.
As for selling pressure, there was a small increase in selling a couple weeks ago when the S&P 500 moved sideways and then slightly down (about 1 percent). Lowry noted that given the market’s advance and the sudden flutter, a small increase in selling pressure was “typical” and not statistically significant.
Citadel’s Ken Griffin was at the NYSE for a conference on Monday. He told CNBC’s Leslie Picker that it is the seventh inning of this long rally. He did note that valuations were “stretched,” but also said that the market lacked the mania of a classic market top, and that low rates would still provide a supportive backdrop.”
See Recent Exclusive 1 Year Snapshot of All Tracked Stocks
Profitable Insight$ – POTU$ Trump Effect on MH Stock$ at 1 Year, Part 4
Trump Effect – 1 Year Election Impact on Manufactured Housing Connected Stocks, Part 2
Just the Facts – Trump Effect on Manufactured Home Connected Stocks, Part 1
NOTE: the chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above.
NOTE: Drew changed its 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.
LCI Industries, Patrick, UFPI and LP all supply manufactured housing.
AMG, CG and TAVFX have investments in manufactured housing related businesses.
Your link to a recent round of industry praise for our coverage, is found here.
For the examples of our kudos linked above…plus well over 1,000 positive, public comments, we say – “Thank You for your vote of confidence.”
“We Provide, You Decide.” © ## (News, Analysis.)
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