UMH Up, Manufactured Housing CV Down, Broader Markets Rise

Dailymarketwrap2172017dowjonesindustrialaveragecreditcnnmoney-manufacturedhousingindustrymarketsreportdailybusinessnewsmhpronews
Credit: CNN Money.

Noteworthy headlines on – CNNMoney – How Boeing got on Trump’s good side. Here comes the next wave of the U.S. oil boom. Ouch. Fund loses $600 million betting against Trump rally. Ben & Jerry’s & Cheese? Kraft Heinz eyes Unilever.

Some bullets from Fox Business Trump, Yellen nor the Russians can spook U.S. investors. President Trump praises Boeing, suggests more plane purchases coming. Trump’s labor pick seen as champion of hard-working immigrants, religious freedom. Why investors should look at small cap value stocks.

 

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Key Commodities

Crude Oil 53.38 0.02 (0.04%) Gold 1,236.50 –5.10 (-0.41%) Silver 18.07 –0.08 (-0.42%)

 

The markets at the Closing Bell Today…

S&P 500 2,351.16 3.94 (0.17%)

Dow 30 20,624.05 4.28 (0.02%)

Nasdaq 5,838.58 23.68 (0.41%)

Russell 2000 1,399.86 0.73 (0.05%)

 

dailymarketwrap2172017dowjonesindustrialaveragesp500nasdaqcredityahoofinance-manufacturedhousingindustrymarketsreportdailybusinessnewsmhpronews
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 UMH Properties Inc. (UMH) and Berkshire Hathaway (BRK/A).

The top two sliders for the day were Patrick Industries Inc. (PATK) and Cavco Industries Inc. (CVCO).

 

Manufactured Housing Composite Value (MHCV) Ticker

dailymarketwrap2172017yahoomanufacturedhousingcompositevaluemanufacturedhousingindustrydailybusinessnews-mhpronews
Credit: Yahoo Finance.

 

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

NOTE: Drew has changed their name and trading symbol at the end of 2016 to Lippert (LCII).

 

Dailymarketwrap2172017bloombergtickermanufacturedhousingindustryrelatedmarketreportdailybusinessnews-mhpronews
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. LCI Industries, 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.)

rcwilliams-writer75x75manufacturedhousingindustrymhpronews
RC Williams, for Daily Business News, MHProNews.

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

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