The most senior Democratic leader in the House, John Conyers (D-GA) has announced he won’t seek re-election. That has come from his hospital room, and only after significant pressure from within his own party.
So, it may not be a surprise if the GOP has formally – if reluctantly – pivoted on their embattled Alabama special election candidate, Roy Moore, who has denied the allegations, and where some of the accusations have proved upon examination to be murky if not tainted.
The president is saying that his pro-business, pro-growth, pro-jobs agenda could be impacted by a Democratic win in the Alabama special election Senate race, that will take place next Tuesday. That will be the spotlight feature for today’s market report.
If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline reports are found further below, just beyond the Manufactured Housing Composite Value for today.
The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.
Part of this unique feature provides headlines – from both sides of the left-right media divide – that saves 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.
MH “Industry News, Tips and Views, Pros Can Use.” ©
Selected headlines and bullets from CNN Money:
- Trump rule could force workers to share their tips
- Aetna CEO could walk away with $500M after CVS deal
- Is the worst finally over for Snapchat?
- CEOs not quite ready to signal a hiring boom
- Massage Envy unveils reforms after assault reports
- Key differences between House & Senate tax bills
- Most U.S. airlines set to limit use of ‘smart bags’
- EU names and shames 17 tax havens
- McDonald’s bringing back the Dollar Menu, sort of
- New GM app lets you order Starbucks while you drive
- U.S. trade deficit with China and Mexico is growing
Selected headlines and bullets from Fox Business:
- Mueller may be seeking info on Trump’s finances
- Trump within his bounds to fire Mueller: Monica Crowley
- Stocks fall as investors await final tax bill
- Oil rises in anticipation of another U.S. crude drawdown
- Canada scraps buying 18 Boeing fighter jets amid trade dispute: report
- Russia banned from 2018 Winter Olympics, fined $15M
- UPS, overwhelmed by online orders, warns of delivery delays
- Super SUVs will set you back over $200K
- FDA approves diabetes drug that also helps with weight loss
- Tax reform can lift the U.S. economy, if lawmakers don’t blow it: CEOs
- CVS buys Aetna as Amazon threatens to upend health care industry
- 21st Century Fox nears sale of assets to Disney
ICYMI – for those not familiar with the “Full Measure,” ‘left-right’ media chart, please click here.
Today’s markets and stocks, at the closing bell…
S&P 500 2,629.57 -9.87(-0.37%)
Dow 30 24,180.64 -109.41(-0.45%)
Nasdaq 6,762.21 -13.15(-0.19%)
Russell 2000 1,516.76 -20.26(-1.32%)
Crude Oil 57.65 -0.71(-1.22%)
Gold 1,268.60 -13.70(-1.07%)
Silver 16.14 -0.25(-1.54%)
EUR/USD 1.1825 -0.0072(-0.60%)
10-Yr Bond 2.36 -0.023(-0.97%)
Manufactured Housing Composite Value
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 markets have been sensitive to political as well as economic reports for many, many years. Because investors want stability, and clarity, instability can lead to declines. So the spotlight today is on the hot topic of the Alabama special election race, and related DC politics.
We provide bullets from across the left-right media/political divide.
Left-of-center CNBC reports that:
- GOP leaders now backing Moore, despite allegations
- Looking past allegations of sexual misconduct with Alabama teenagers, Trump formally endorsed Moore, and the Republican National Committee followed suit
- Trump’s decision and the part’s changing tone increase Moore’s chances of victory despite the continued unease of some other Republicans.
Left-of-center Bloomberg reports on this issue the following bullets:
- Alabama Senate candidate accused of sexual misconduct
- GOP Senator Flake donates to Moore’s Democratic opponent
Right-of-center Fox Business’ Stuart Varney says the success of President Trump’s growth agenda has presented a major problem for Democrats.
President Trump’s comments at a meeting with Senate Republicans are in the video, below.
The photo from AP/LATimes is of John Conyers, prior to his recent hospitalization. While he says he is stepping down, the early word is that his son is being promoted to take his place.
See Recent Exclusive 1 Year Snapshot of All Tracked Stocks
Profitable Insight$ – POTU$ Trump Effect on MH Stock$ at 1 Year, Part 4
Trump Effect – 1 Year Election Impact on Manufactured Housing Connected Stocks, Part 2
Just the Facts – Trump Effect on Manufactured Home Connected Stocks, Part 1
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).
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 a recent round of 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.”
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(Image credits are as shown above, and when provided by third parties, are shared under fair use guidelines.)
