Skyline, Cavco Lead Up Day for the Manufactured Housing CV, Broader Markets Down

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Credit: CNN Money.

Noteworthy headlines on CNNMoney – Small-cap stocks are on fire since Trump win. Chicago O’Hare airport workers plan Thanksgiving strike. Change is coming to McDonald’s. Trump to remake board that rejected his hotel.

Some bullets from MarketWatch – Global bonds just endured their worst selloff in more than 13 years. What an Attorney-General Sessions would mean for marijuana. Bannon: With negative interest rates around world, “rebuild everything.” Health savings accounts are a crown jewel of “Trump care.”

Oil up 0.61%. Gold down 0.70.

Three Major U.S. Market Tickers and closing numbers at the bell today…

S&P 500 2,181.90 -5.22 (-0.24%)

Dow JIA 18,867.93 –35.89 (-0.19%).

Nasdaq 5,321.51 –12.46 (-0.23%).

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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 Skyline Corp. (SKY) and Cavco Industries Inc. (CVCO). The top two sliders for today were Affiliated Managers Group Inc. (AMG) and Patrick Industries Inc. (PATK). Killam and Deer Valley held steady today, as the stocks are only being bought/sold periodically. (Notice: ALWAYS look at the date on the Bloomberg chart below, as some stocks aren’t traded daily, etc.).

 

Manufactured Housing Composite Value Ticker

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Credit: Yahoo Finance.

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

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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.  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.)

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RC Williams, for Daily Business News, MHProNews.

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

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