Nobility Rises, Manufactured Housing CV Down, Broader Markets Spike, Then Fall

Credit: CNN Money.

Noteworthy headlines on – CNNMoney – Bulls return! Stocks jump as more Americans find jobs. House Republican calls on Trump to fire CFPB Director. Coal country to Trump: We want jobs of the future. More insurers abandon Obamacare. Who might be next?

Some bullets from Fox Business Trump: Obama had a great opportunity to solve Syrian crisis. Solid ADP data propels Wall St rally; Nasdaq at new high. Oil eases off one-month high on surprise U.S. crude build. Trump drops Steve Bannon from National Security Council.

 

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Key Commodities

Crude Oil 50.87 –0.16 (-0.31%) Gold 1,258.00 –0.40 (-0.03%) Silver 18.30 –0.02 (-0.13%)

 

The markets at the Closing Bell Today…

S&P 500 2,352.95 –7.21 (-0.31%)

Dow 30 20,648.15 –41.09 (-0.20%)

Nasdaq 5,864.48 –34.13 (-0.58%)

Russell 2000 1,352.14 –16.03 (-1.17%)

 

Dailymarketwrap452017dowjonesindustrialaveragesp500nasdaqcredityahoofinance-manufacturedhousingindustrymarketsreportdailybusinessnewsmhpronews
Image credit, Yahoo, posted for the Daily Business News, MHProNews.

 

The MH Industry – Today’s Risers and Sliders

The top two gainers for the day were Nobility Homes Inc. (NOBH) and Sun Communities Inc. (SUI).

The top two sliders for the day were LCI Industries (LCII) and Patrick Industries Inc. (PATK).

 

Manufactured Housing Composite Value (MHCV) Ticker

Dailymarketwrap452017yahoomanufacturedhousingcompositevaluemanufacturedhousingindustrydailybusinessnews-mhpronews
Credit: Yahoo Finance.

 

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

NOTE: Drew has changed their name and trading symbol at the end of 2016 to Lippert (LCII).

 

Dailymarketwrap452017bloombergtickermanufacturedhousingindustryrelatedmarketreportdailybusinessnews-mhpronews
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. LCI Industries, 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.)

 

rcwilliams-writer75x75manufacturedhousingindustrymhpronews
RC Williams, for Daily Business News, MHProNews.

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

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