History tells us stocks have returned an average gain of 1.7 percent every April for the last 40 years, according to Schaeffer’s Investment Research, and this April has begun with a spring in its step, as CNNMoney tells MHProNews. The Dow Jones Industrial Average rose +74.95 points, +0.46 percent, to end the first day of the month at 16,532.61. The Nasdaq gained even more, +69.05 points, +1.64 percent, to finish the day at 4,268.04, while the S&P set a new record, gaining +13.18 points, +0.70 percent, closing at 1,885.52. The Yahoo! Finance Manufactured Housing Composite edged up +2.66 percent to close at 786.64. Nearly all housing stocks we follow in today’s trading closed up or even. Nobility Homes gained the most of tracked stocks, gaining +11.11 percent, +1.30 points, to end the day at 13.00. Sun Communities, Inc. nudged down the most of tracks we track, -0.35 percent, -0.16 percent, to end the day at 44.93. Affiliated Managers Group 205.25, +5.20 points, (+2.60%). Cavco Industries, Inc. 79.19 +0.74 (+0.94%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 187,213, -137.00 points (-0.07%). Deer Valley remained unchanged at 75.00. Drew Industries, Inc. 54.15 -0.05 (-0.09%). Equity LifeStyle Properties 40.85 +0.20 (+0.49%). Liberty Homes remained steady at 0.80. Louisiana Pacific Corp. 17.22 +0.35 (+2.07%). Patrick Industries 44.36 +0.03 (+0.07%). Skyline Corp. 6.20 +0.15 (+2.48%). Third Avenue Value Fund (March 31) 57.76 +0.57 (+1.00%). UMH Properties 9.79 +0.01 (+0.10%). Universal Forest Products, Inc. 56.03 +0.69 (+1.25%). ##
