If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline report is found further below, after the newsmaker bullets and major indexes closing tickers.
The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets. Headlines – at home and abroad – often move the markets. So, this is an example of “News through the lens of manufactured homes, and factory-built housing.” ©
Part of this unique evening feature provides headlines – from both sides of the left-right media divide – which saves busy 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.
This is an exclusive evening or nightly example of MH “Industry News, Tips and Views, Pros Can Use.” © It is fascinating to see just how similar, and different, these two lists of headlines can be.
Want to know more about the left-right media divide from third party research? ICYMI – for those not familiar with the “Full Measure,” ‘left-center-right’ media chart, please click here.
Select bullets from CNN Money…
- Consumers are spending and it’s not just at Walmart and Amazon
- Oil hit with longest losing streak on record
- PERSPECTIVES The US is too reliant on oil. Here’s how to fix that
- Saudi Arabia’s oil reversal is a win for American shale
- Michelle Obama’s memoir tops Amazon best-seller list days ahead of release
- Reporters gear up for around-the-clock coverage of California fires
- Justin Trudeau is a feminist. For him, that’s a given
- Fixing GE ‘is the challenge of a lifetime,’ CEO says
- Why Ford and Volkswagen will get together – but not get married
- Brexit headlines predict catastrophe
- SoftBank is getting ready for one of the world’s biggest IPOs
- Smartphone prices in India are rising. Blame the weak rupee
- E-Commerce Guide by CNN Underscore
- Amazon’s Pre-Black Friday Sale starts now
- Dow plunges 600 points
- A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., November 9, 2018. REUTERS/Andrew Kelly
- The real reason why the stock market is down
- Wall Street loves gridlock. But gridlock isn’t always great
- Crude oil suffers longest losing streak since 1984
- The dollar is really strong. That could hurt the economy
- Track investor sentiment with the Fear & Greed index
- This app puts a trainer in your ear
- Bombas founders wanted to help the homeless — by giving them socks
- Scrappy US startup puts 6 small satellites into orbit
- Vetting roommates is tricky work. This app does it for you
- Silicon Valley startups are still taking Saudi cash
- Creditors: Sears should close for good
- How Sears wasted $6 billion
- Chairman structured deals to enrich himself, creditors suggest
- Say goodbye to another 40 Sears and Kmart stores
- Believe it or not, Sears once revolutionized retail
Select Bullets from Fox Business…
- Apple, Goldman Sachs push Dow down 600 points
- China trade deal jeopardizes stock market, portfolio manager says
- FDA to seek a ban on menthol cigarettes
- Permanent tax cuts for middle class becoming more doubtful
- Facebook denies firing anti-Hillary Clinton supporter who favored Trump
- This is why the DOJ could probe Comcast
- Democrat turns to Civil War-era scheme to build up tech jobs for middle-Americans
- Here’s how most Americans raise the value of their homes
- Facebook’s site was down for 30 minutes, here’s why
- Is the US the most overvalued stock market in history?
- Oil price drop isn’t sustainable: Fmr. Shell Oil president Hofmeister
- Here’s how big Wall Street’s bonuses will be in 2018
- How to become an everyday millionaire
- California wildfires rage, slamming PG&E, Edison International
- MLB’s Dallas Keuchel invests in ‘NoSweat’ company, would shave beard to play for Yankees
- Stan Lee dead at 95: Marvel co-creator’s superheroes grossed billions at box office
- US Army to get advanced camouflage protection system
- ‘Harry Potter’ author JK Rowling sues assistant for shopping spree
- General Electric’s slow demise
- These are the most livable mid-sized American cities
- What Sessions’ resignation means for pot
- Millennials are the pillar of economic growth: Here’s why
- Boeing issued safety warning to pilots for 737 Max jets
- Job help is US military veterans’ top request after serving
- Home Depot creates 3,000 multimillionaires, co-founder says
- Rockwell Automation looks to fill hundreds of jobs
- Uber, Google co-founder and others may have flying taxis available by the 2020s
- Disney posts strong profits with Fox deal now in focus
- Ford bets big on electric scooters
- AT&T’s HBO goes dark due to standoff with Dish
- Looking to sell your home? Top advice from the ‘Property Brothers’
- Marijuana stocks rise as Michigan legalizes recreational use
Today’s markets and stocks, at the closing bell…
Manufactured Housing Composite Value (MHCV)
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 –
CNBC said that a review of corporate earnings calls reflects that only about 9 percent of all companies are saying that tariffs are having a negative impact on a firm’s performance, and thus their stock’s value.
Per that source:
- Tariffs are generating worries in the stock market, but not as much from company executives.
- Tariffs are having a negative impact for only about 9 percent of companies, earnings calls show
- With earnings season nearly completed, only about one-third of the companies reporting so far have used the word “tariffs” during their conference calls.
- Of that group, less than 10 percent have said tariffs are having a negative impact.
Other factors weighing on the market on Veteran’s Day are:
- Problems with global growth and the Federal Reserve.
- Tech stocks, including Apple, but not them alone.
- All the FANG names were down 2 percent to 3 percent, and the industrial and energy sectors were down 1.5 percent each, point to a bigger problem.
- Domestic U.S. growth seems strong, but the global growth picture in Europe and China is generally weaker. That’s one reason all the high valuation stocks (FANG) are getting taken down.
Commodities Tumble in 2018
- Oil: down 2.6 percent
- Zinc: down 23 percent
- Copper: down 19 percent
- Aluminum: down 13 percent
- Lumber: down 20 percent
- Gold: down 8 percent
ICYMI, or need a reminder, our Friday report featured this move by Third Ave’s Daniel S. Loeb, who cut his firm’s positions in some big-name tech stocks.
Bloomberg Closing Ticker for MHProNews…
NOTE: The chart below includes the Canadian stock, ECN, which purchased Triad Financial Services.
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 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.”
(Image credits and information are as shown above, and when provided by third parties, are shared under fair use guidelines.)
Submitted by Soheyla Kovach to the Daily Business News for MHProNews.com.
