UMH’s Huge Rally, Manufactured Housing CV Dips, OPEC, US Oil Duel

Dailymarketwrap5102017dowjonesindustrialaveragecreditcnnmoney-manufacturedhousingindustrymarketsreportdailybusinessnewsmhpronewsNoteworthy headlines on – CNNMoney – NBC set for biggest Trump interview yet. Volkswagen CEO faces scrutiny. Obamacare repeal bill CBO score expected in two weeks. Tesla begins taking orders for its Solar Roof.

Some bullets from Fox Business White House: Trump, DOJ, FBI members lost confidence in Comey. Rod Rosenstein: 3 things to know about the career prosecutor. Wall Street mixed after Trump fires FBI head; Nasdaq hits record high. Oil jumps on drop in U.S. crude stocks, possible OPEC cut extension.

9 Key Market Indicators, per Yahoo! Finance.

  • S&P 500 2,399.63 2.71 (0.11%)
  • Dow JIA 20,943.11 -32.67 (-0.16%)
  • Nasdaq 6,129.14 8.56 (0.14%)

 

  • Crude Oil 47.34 1.46 (3.18%)
  • Gold 1,219.10 3.00 (0.25%)
  • Silver 16.19 0.12 (0.77%)

 

  • EUR/USD 1.0864 -0.001 (-0.10%)
  • 10-Yr Bond 2.414 0.007 (0.29%)
  • Russell 2000 1,399.59 7.73 (0.56%)

Dailymarketwrap5102017dowjonesindustrialaveragesp500nasdaqcredityahoofinance-manufacturedhousingindustrymarketsreportdailybusinessnewsmhpronews

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Manufactured Housing Composite Value (MHCV) Ticker

Dailymarketwrap5102017yahoomanufacturedhousingcompositevaluemanufacturedhousingindustrydailybusinessnews-mhpronews

The MH Industry – Today’s Risers and Sliders

Top risers included UMH and Louisiana-Pacific. Skyline and Cavco led the sliders today.

UMH spiked nearly four percent today, and has rallied over 36 percent since September 30, 2016, Reports from Herald KS show that Perritt Capital Management Inc. sold 79,400 shares as UMH share prices rose 27 percent.

ICYMI – to see our Warren Buffett report, click here.

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).

Dailymarketwrap5102017bloombergtickermanufacturedhousingindustryrelatedmarketreportdailybusinessnews-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, and when provided by third parties, are shared under fair use guidelines.)

RC Williams, Daily Business News MHProNewsSubmitted by RC Williams to the Daily Business News for MHProNews.

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