If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline report is found further below, after the newsmaker bullets and major indexes closing tickers.
The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets. Headlines – at home and abroad – often move the markets. So, this is an example of “News through the lens of manufactured homes, and factory-built housing.” ©
Part of this unique evening feature provides headlines – from both sides of the left-right media divide – which saves busy 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.
This is an exclusive evening or nightly example of MH “Industry News, Tips and Views, Pros Can Use.” © It is fascinating to see just how similar, and different, these two lists of headlines can be.
Want to know more about the left-right media divide from third party research? ICYMI – for those not familiar with the “Full Measure,” ‘left-center-right’ media chart, please click here.
Select bullets from CNN Money…
- It was just hibernating
- Markets bet Fed is done hiking rates — despite blockbuster jobs report
- US hiring surged in December, employers added 312,000 jobs
- Former Credit Suisse bankers charged in $2 billion loan fraud
- IRS hit by shutdown, creating taxpayer headaches
- These companies are expecting gigantic IPOs. The market might stop them
- Delta fare warning sends airline stocks lower
- Herb Kelleher, Southwest Airlines founder, dies at 87
- Cable news networks air Trump’s comments in real-time. Should they?
- One type of diversity we don’t talk about at work: Body size
- SpaceX is now worth more than $30 billion
- Carlos Ghosn will appear in public for the first time since his arrest
- Dow surges 747 points, pushed by Fed comments and strong jobs report
- Fed chair Jerome Powell says he would not resign if Trump asked
- iPhones in India cost almost half of what millions there make in a year
- PERPECTIVES Netflix chose Saudi Arabia over artistic freedom
- Disney leads the way for a record year at the box office
- NFL ratings rebound from declining viewership
- Netflix says more than 45 million accounts have watched ‘Bird Box.’ But the figure needs an asterisk
- NBC News veteran warns of ‘Trump circus’ in 2,228-word farewell
- CHINA’S ECONOMY
- China steps up efforts to support its slowing economy
- PERSPECTIVES Why the US would never win a trade war with China
- Apple won’t be the last casualty of China’s slowdown
- China says it is restarting trade talks with the US
- Luxury brands are already feeling the China burn
Select Bullets from Fox Business…
- Stocks soar on Powell comments, massive jobs report numbers
- Here’s what Fed’s Powell would do if Trump asked him to resign
- Opinion: Trump-Powell truce? Dow rallies. Government should take note
- Powell says Fed will be ‘patient’ with monetary policy in 2019
- Larry Kudlow: US economic recession isn’t happening
- US economy shatters expectations to add 312k jobs in December
- New gun laws in 2019: What to know
- Mark Zuckerberg halts Facebook share sales amid stock rout
- Amazon cashierless convenience stores could be worth billions, firm says
- College Football Playoff championship ticket prices reach historic lows
- How GM is trying to beat Ford
- NFL playoffs pay: What players will earn this postseason
- Time for a new Trump game plan: Kennedy
- Apple’s slide gives Buffett big buying opportunity he wanted
- For-profit colleges forgive $500M in student loan debt amid deception allegations
- These states are experiencing the greatest population growth
- A historic look at job creation in the US over the past 10 years
- US economic recession concerns are ‘completely misguided’: Douglas Holtz-Eakin
- Sears’ future in the hands of Lampert’s billion-dollar bids
- Southwest Airlines founder Herb Kelleher, industry pioneer, dead at 87
- US-China trade talks scheduled for Monday in Beijing
- The brands creating food to disrupt healthy snacking
- 2019 jobs most prevalent in these cities
Today’s markets and stocks, at the closing bell…
Manufactured Housing Composite Value (MHCV)
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 –
The Daily Business News on MHProNews has been reporting for months what the latest economic numbers once more reflected.
The economy is sound, and the rousing jobs report underscored it. But the markets have been roiled for months.
Per CNBC,
“At 8:30 a.m., the Labor Department said the U.S. economy added 312,000 jobs in December. That blew past an expectation of 176,000 jobs. Later on Friday morning, Federal Reserve Chairman Jerome Powell said the central bank will be patient in raising rates, quelling fears of tighter monetary policy in the near future.
The Dow Jones Industrial Average closed 746.94 points higher at 23,433.16, or 3.3 percent, and briefly rose more than 800 points. The S&P 500 rallied 3.4 percent to 2,531.94, with the tech sector gaining more than 4 percent. The Nasdaq Composite climbed 4.26 percent to 6,738.86. This was a rebound from Thursday’s plunge, which was triggered by a massive drop in Apple’s stock.
Stocks took off after Powell hinted the central bank could pause its rate hikes, something this beaten-down market was waiting for. “As always, there is no preset path for policy,” Powell said. “And particularly with muted inflation readings that we’ve seen coming in, we will be patient as we watch to see how the economy evolves.”
What the data also reflects is that manufactured housing ought to be roaring. For a look at some recent data points, see the linked textbox/images to access that report.
Related Reports:
Manufactured Home Production Decline Accelerates in November 2018
Legacy Housing IPO (LEGH) Quiet Period Set to Expire, SA’s Don Dion
Listen Now to Warren Buffett, Most MH Tracked Stocks Drop, Manufactured Housing Market Updates
Bloomberg Closing Ticker for MHProNews…
NOTE: The chart below includes the Canadian stock, ECN, which purchased Triad Financial Services.
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).
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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 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.”
(Image credits and information are as shown above, and when provided by third parties, are shared under fair use guidelines.)
Submitted by Soheyla Kovach to the Daily Business News for MHProNews.com.
