Skyline, Drew lead MH Comp Value Charge, Dow Above 19,000 for First Time Ever

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Credit: CNN Money.

Noteworthy headlines on CNNMoney – Stunning! Dow hits new high of 19,000. Trump tells NYT it was “roughest of all” on him. Trump seriously considering” Ben Carson for HUD. Boeing reorganizes into three parts.

Some bullets from MarketWatch – Dow industrials take more than 480 trading days to go from 18,000 to 19,000. Hewlett Packard Enterprise, HP Inc. both drop after earnings. Potential gold-import ban by India could be biggest bombshell since Nixon. Oil prices slump as OPEC output talks reportedly hit snag.

Oil down 0.31%. Gold up 0.19.

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

S&P 500 2,202.94 4.76 (0.22%)

Dow JIA 19,023.87 67.18 (0.35%).

Nasdaq 5,386.35 17.49 (0.33%).

 

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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 Drew Industries Inc. (DW). There were no sliders today. 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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