In the news from CNNMoney: Super bowl 50 on track to be the most expensive sporting event in U. S. history with tickets averaging $4,957. Venezuela now importing U S. oil. Cannabis industry sales at $1.8 billion in 2013, anticipated to have hit $5.4 billion in 2015. While the Fed predicts four interest rate hikes this year, investors say the market is too weak for any hikes. GM posts biggest profit margin in 107-year history.
On the Big Board:
The Dow Jones Industrial Average nudged up +1.13 percent, +183.12 points, to close at 16,336.66.
The NASDAQ slipped -0.28 percent -12.71 points to end at 4,504.24.
The S&P 500 edged up +0.50 percent, +9.50 points, to finish at 1,912.53.
Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) dropped -3.78 percent to finish at 948. Most MH-related stocks we follow closed down or even, although Cavco Industries gained more than other tracked stocks, +1.25 percent, +0.98 points, to close at $79.39. Deer Valley Corp., after gaining +8.62 percent in yesterday’s trading, plummeted -19.05 percent today, losing -0.12 points to close at $0.51. Additionally, Skyline fell -10.03 percent in today’s trading.
Berkshire Hathaway Inc. (NYSE:BRK.A) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $189,861 -41.00 (-0.02%).
Carlyle Group (NASDAQ:CG) $12.54 -0.25 (-1.95%).
Cavco Industries, Inc. (NASDAQ:CVCO) $79.39 +0.98 (+1.25%).
Deer Valley Corporation (OTCMKTS:DVLY) $0.51 -0.12 (-19.05%).
Drew Industries, Inc. (NYSE:DW) $55.92 -1.79 (-3.10%).
Equity LifeStyle Properties, Inc. (NYSE:ELS) $67.72 +0.66 (+0.98%).
Killam Properties Inc. (TSE:KMP) $10.19 -0.18 (-1.74%). (Jan.6)
Liberty Homes, Inc. (OTCMKTS:LIBHA) $0.02 0.00 (0.00%). (Dec.31)
Louisiana-Pacific Corporation (NYSE:LPX) $15.16 +0.04 (+0.26%).
Nobility Homes Inc. (OTCMKTS:NOBH) $12.15 0.00 (0.00%)
Patrick Industries, Inc. (NASDAQ:PATK) $33.83 -1.06 (-3.04%).
Skyline Corporation (NYSE:SKY) $4.12 -0.4595 (-10.03%).
Sun Communities Inc. (NYSE:SUI) $67.99 +0.20 (+0.30%).
Third Avenue Value Instl (OTCMKTS:TAVFX) $43.04 -1.43 (-3.22%).
UMH Properties, Inc. (NYSE:UMH) $9.20 -0.04 (-0.43%).
Universal Forest Properties, Inc. (NYSE:UFPI) $63.94 -0.68 (-1.05%). ##
(Graphic credit: CNNMoney)
