Some bullets from MarketWatch – Yahoo hacked, 500M users information exposed. U.S. existing home sales stumble in August. Nasdaq hits record high.
Gold up 3 quarters of a percent, Oil up 1.63% for the day.
Three Major U.S. Market Tickers and closing numbers at the bell today…
S&P 500 2,177.18 14.06 (0.65%).
Dow JIA 18,392.46 98.76 (0.54%).
Nasdaq 5,339.52 44.34 (0.84%).
The MH Industry – Today’s Risers and Sliders
Top two sliders for the day were UMH – UMH Properties and CG – The Carlyle Group, LP. The top two gainers for the day were: PATK – Patrick Industries – and DW – Drew Industries. Deer Valley held steady, as this stock is only being bought/sold periodically (for DVLY, TAVFX, Killam – ALWAYS look at the date on the Bloomberg chart below).
Note RC William’s recent Nobility Homes quarterly report, link. Also, yesterday’s hot one – Another International Company Buying into U.S. Manufactured Home Communities. Wells Fargo – connected with BH, see the report linked here. Killam spotlighted, in the report linked here.
Manufactured Housing Composite Value Ticker
Note: the chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above.
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.)
Submitted by RC Williams to the Daily Business News, MHProNews.