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…
- Chick-fil-A is trying to get into your home
- Netflix wants to take on another $2 billion in debt
- Oculus cofounder is leaving Facebook
- Ford to test self-driving cars in Washington DC
- YouTube invests $20 million in educational videos
- Saudi Arabia is trying to salvage its investment conference
- Siemens CEO explains why he won’t go to Saudi Arabia
- Trump seizes on right-wing media reports to suggest migrant caravan has been infiltrated by ‘unknown Middle Easterners’
- Hasbro will lay off hundreds after Toys ‘R’ Us closure
- How investors should think about the midterm elections
- China’s battered stock market just had its best day in years
- Why Amazon may want a big city for HQ2
- General Electric’s power struggle
- It beat rival Siemens to rebuild Iraq’s war-torn electric grid
- GE’s 119-year-old dividend is on life support
- What GM’s Mary Barra learned early on: Speak up and stop saying sorry
- GE is a confusing maze. Will the new boss cut the complexity?
- GE changed our lives. Why is it struggling?
Select Bullets from Fox Business…
- How the outcome of the midterm elections could affect stocks
- Democrats or Republicans, who will outspend on midterms?
- Stocks lower to start the week
- Amazon’s new headquarters will be in one of these cities
- Amy Schumer takes aim at NFL advertisers, won’t appear in Super Bowl ads
- Toys ‘R’ Us bankruptcy hits Hasbro
- Ford Ranger production returns to US at Michigan factory
- Invest like a millionaire: Top strategies and concerns of the wealthy
- Super Micro: ‘Practically impossible’ for Chinese agents to hack motherboards
- How Trump tariffs could affect American manufacturers
- Trump Space Force: Here’s when details will be released
- ‘Major tax cut’ on the way for middle class, Trump says
- The president made the remarks as the midterm elections approach.
- Discovery, PGA Tour to launch GOLFTV video streaming in 2019
- Netflix to take on $2B in debt to fund new shows
- Wells Fargo fined $65M for sales practices that cost investors millions
- Lottery fever grips the nation: what to know
- Mega Millions winner? Here’s what you can buy with more than $1B
- Lottery jackpot winners face big IRS tab
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 –
Hudson Valley Investment Advisors’ Gus Scacco on the potential market impact from the midterm elections, is the spotlight video below.
Goldman Sachs’ political economists believe Democrats will gain control of the House of Representatives, while they think that the Republicans will retain a slim Senate majority as a result of the midterms, says Fox Business (FBN). They’ve projected that a divided Congress would mean increased equity volatility and an uncertain future for infrastructure spending while pharmaceutical stocks could benefit, the bank’s analysts explained in their research note on the issue.
Goldman Sachs’ political economists believe Democrats will gain control of the House of Representatives, while they think that the Republicans will retain a slim Senate majority as a result of the midterms, says Fox Business (FBN). They’ve projected that a divided Congress would mean increased equity volatility and an uncertain future for infrastructure spending while pharmaceutical stocks could benefit, the bank’s analysts explained in their research note on the issue.
It should be noted that as a source, Goldman has backed Democrats for some years, a point that came out during Hillary Clinton’s 2016 campaign. So an open question might be, how does that figure into how they may spin their own analysis?
MHProNews maintains that there have been several countersignals to the so-called blue wave that argue against that, and point to a more likely red tide. But it always, always comes down to turnout and actual voting. Mainstream media pundits were wrong in 2016, MHProNews analysis correctly projected the path to the Presidency for then candidate Donald J. Trump. After some 21 months of actually doing what they campaigned on, are impartial observers to believe that the voters that back Mr. Trump for president are now going to turn against him?
With black, Hispanic and women’s unemployment falling to all time lows, with the markets up, there are surveys that show more support for the president and his policies in those groups.
The harder call, frankly, is in the House. Big Democratic donors have far deeper pockets. But President Trump won spending significantly less than Secretary Clinton did. Barring some new harmful October or November surprise, the president’s party should gain seats in the Senate, and should hold their lead in the House.
It’s about educating voters, motivation, and turnout. Don’t let media bias keep you from the polls, or cause you to think the election can’t be won. Of course it can, and the 2016 election proves it. Far larger turnouts for President Trump on the stump than for people like former Obama Administration VP Joe Biden rally are but one of many signals that there is wind in GOP sails.
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.
