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Facebook Recent Big Hit, More Trouble Ahead? Plus, MH Market Updates

September 6th, 2018

The Daily Business News on MHProNews has noted several times of the importance that CNNmoney7.6.2018ManufacturedHomeStocksMarketsReportsMHProNewsFacebook has for marketers, and others in the industry. More hearings on Capitol Hill, plus impact of the stock on the markets. It’s a technical, traders look, and will be our featured report for this evening.

If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline reports are found further below, just beyond the Manufactured Housing Composite Value for today.

 

The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.

Part of this unique feature provides headlines – from both sides of the left-right media divide – that saves 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.

MH “Industry News, Tips and Views, Pros Can Use.” ©

ICYMI – for those not familiar with the “Full Measure,” ‘left-right’ media chart, please click here. 

Selected headlines and bullets from CNN Money:

  • Twitter bans Alex Jones and InfoWars
  • The NFL kicks off tonight. Will its ratings take another hit this season?
  • Amazon is 20,000 vans closer to replacing the post office
  • CBS reportedly negotiating exit for CEO Les Moonves
  • New job not working out? Your employer may pay you to leave
  • Emerging markets look sick. Will they infect Wall Street?
  • Amway co-founder Richard DeVos dies at 92
  • IBM is betting big on blockchain technology. Is it worth the risk?
  • New York Times rivals react to explosive anonymous op-ed
  • Barnes & Noble is in big trouble in more than one way
  • Why Wall Street shouldn’t worry about the trade war
  • Uber’s new tool detects unexpected stops and suspected car crashes
  • Curbing carbon emissions could boost the economy way more than doing nothing
  • PepsiCo is launching an accelerator program
  • Senators blast Google for no-show on Capitol Hill
  • The story behind the New York Times’ anonymous op-ed blasting Trump
  • Trump says the NYT should hand over its source. That’s preposterous
  • Nike will run a Colin Kaepernick ad during the NFL season opener
  • Lyft launches a scooter service. Uber is close behind
  • Papa John’s exec abruptly steps down
  • Bernie Sanders’ ‘Stop BEZOS’ bill targets worker pay at Amazon and Walmart
  • What Ellen DeGeneres means to Walmart
  • Amazon’s joined Apple in the trillion dollar club. Up next? $2 trillion
  • Amazon will now let Indians shop in Hindi
  • Jeff Bezos donates $10 million to group that helps veterans get elected
  • Siemens warns of dangers of xenophobia after violent protests in Germany
  • A North Dakota golf course is dropping burgers from a drone
  • NFL could pocket billions from the coming boom in sports gambling
  • Find out your colleague makes more? Try this
  • Do eye contact or weird looks count as discrimination?
  • How power changes the CEO brain
  • Silicon Valley startup Theranos is shutting down for good
  • Caver’s lawyer: Musk’s accusations ‘vile and false’
  • Amazon becomes America’s second $1 trillion company
  • Being rude can get you kicked off Uber in Australia
  • com CEO was arrested on suspicion of rape
  • How Richard Liu built JD.com into a $45 billion tech giant
  • Former Facebook exec: America is under attack

Selected headlines and bullets from Fox Business:

  • What aerial photos can tell us about Tesla’s sales
  • CBS board discussing Moonves exit, a clearer way for a sale
  • August jobs report: Have we maxed out employment creation?
  • Stocks mixed as traders digest economic data, eye trade developments
  • Americans should consider retiring in these countries
  • The fuzzy math behind California’s renewable energy push
  • This is how Texas plans to kill ObamaCare
  • Starbucks’ first store in Italy will serve pizza and gelato
  • The pitfalls of early retirement that no one is telling you
  • Pizza Hut ready for NFL kickoff after Papa John’s fumble
  • Ford recalls 2 million F-150 pickups over seat belt fire concerns
  • Former Starbucks CEO continues to hint at future in politics
  • Hall of Famer Rick Pitino angry over FBI probe, NCAA decision
  • Everything you should know about the second round of tax cuts
  • Want to travel to an NFL game this weekend? Here are the best deals
  • Wells Fargo banking unit probed for employee fraud: Report
  • ‘Run for the Cure’: Susan G. Komen CEO Linda Tantawi
  • Thousands of flooded cars are refurbished and sold: Here’s how to avoid that trap
  • NFL thriving despite Colin Kaepernick: Tiki Barber
  • 4 tips on making the most money selling your home
  • JetBlue increases fees for checked bags
  • Used-car price index hits record high
  • Richard DeVos, Amway co-founder and Orlando Magic owner, dead at 92
  • CBS board discussing Moonves exit, a clearer way for a sale
  • Richard DeVos, Amway co-founder and Orlando Magic owner, dead at 92
  • NFL thriving despite Colin Kaepernick: Tiki Barber
  • Ford recalls 2M pickup trucks; seat belts can cause fires
  • Stumpy’s Hatchet House: How to throw a hatchet
  • From tennis court to boardroom: How Maria Sharapova does business
  • America’s Best 401(k) adds Salesforce CEO, M13 founder to board of directors
  • For many young investors, the stock market’s only gone up
  • Record number of 401(K) millionaires

 

Today’s markets and stocks, at the closing bell…

9MarketIndicatorsYahooFinance7.6.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews 

Manufactured Housing Composite Value (MHCV)

YahooFinanceManufacturedHousingCompValue7.6.2018DailyBusinessNewsStocksMarketsDataReportsMHProNews

 

Today’s Big Movers

For all the scores and highlights on tracked manufactured home connected stocks today, see thBloomberg graphic, posted below.

Today’s MH Market Spotlight Report –

FacebookBigHitTroubleAheadMarketsDailyBusinessNewsMHProNews

Todd Gordon, founder of TradingAnalysis, talks about an opportunity in the sell-off of Facebook that is underway. The stock is certainly “technically damaged,” Gordon said today on CNBC’s Trading Nation.

I see no reason that we shouldn’t be able to go back and retest the $150 mark, which was the old low here from April of 2018. There’s a lot of momentum here,” Gordon said, implying an 8 percent drop from the stock’s current levels.

There’s also the September before the midterms.  This is a month that often has headwinds, as investors try to read the tea leaves as to what the political winds will bring.

A recent report on the tech giants is linked below.

Tucker’s “Tech Tyranny,” Luther Lowe-SVP Public Policy@Yelp, Author Scott Clelan, “Should Government Intervene?”

 

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).

7.6.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

Berkshire Hathaway is the parent company to Clayton Homes21st 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.”

SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNewsWe Provide, You Decide.” © ## (News, analysis and commentary.)

(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.

 


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