MHCV Gains Solidly, MH Stocks Rise, Dow Continues its Volatility, Gaining almost 400 Points

stock_report_Jan_29In the news from CNNMoney: Port workers in New York and New Jersey go on strike. U. S. exporting crude oil for first time 40 years. Mortgage rates continue to fall. Stanford and Harvard each received $1 billion in donations in 2015. 56 percent of Americans think their kids will be worse off financially than they are. Bill Gates and Jeff Bezos invest $100 million in new cancer test.

On the Big Board:

The Dow Jones Industrial Average spiked +2.47 percent, +396.66 points, ending the week at 16,466.30.

The NASDAQ also shot up strongly, +2.38 percent, +107.27 points to end at 4,613.95.

The S&P 500 also skyrocketed +2.48 percent, +46.88 points, to finish at 1,940.24.

Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) shot up +3.89 percent to finish the week at at $1015.2. All currently traded MH-related stocks we follow closed decidedly up, or even. Cavco Industries gained more than other tracked stocks, +5.83 percent, +4.62 points, to close at $83.86. Other tracked stocks also gained notably: Drew was up +5.28 percent, AMG advanced +4.20 percent, Patrick gained +3.76 percent, UFPI rose +3.60 percent. Several other tracked stocks gained in three figures.

As of 4 PM ET, CNNMoney Finance tells MHProNews:

Affiliated Managers Group, Inc. (NYSE: AMG) $134.19 +5.41 (+4.20%).

Berkshire Hathaway Inc. (NYSE:BRK.A) – parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers – $194.360 +6,060.00 (+3.22%).

Carlyle Group (NASDAQ:CG) $13.68 +0.45 (+3.40%).

Cavco Industries, Inc. (NASDAQ:CVCO) $83.86 +4.62 (+5.83%).

Deer Valley Corporation (OTCMKTS:DVLY) $0.58 0.00 (0.00%).

Drew Industries, Inc. (NYSE:DW) $57.40 +2.88 (+5.28%).

Equity LifeStyle Properties, Inc. (NYSE:ELS) $65.92 +2.12 (+3.32%).

Killam Properties Inc. (TSE:KMP) $10.19 -0.18 (-1.74%). (Jan.6)

Liberty Homes, Inc. (OTCMKTS:LIBHA) $0.02 0.00 (0.00%). (Dec.31)

Louisiana-Pacific Corporation (NYSE:LPX) $15.72 +0.48 (+3.15%).

Nobility Homes Inc. (OTCMKTS:NOBH) $13.75 0.00 (0.00%)

Patrick Industries, Inc. (NASDAQ:PATK) $34.95 +1.27 (+3.76%).

Skyline Corporation (NYSE:SKY) $4.50 +0.1501 (3.45%).

Sun Communities Inc. (NYSE:SUI) $66.59 +1.87 (+2.89%).

Third Avenue Value Instl (OTCMKTS:TAVFX) $43.64 +0.10 (+0.23%).

UMH Properties, Inc. (NYSE:UMH) $9.43 +0.21 (+2.28%).

Universal Forest Properties, Inc. (NYSE:UFPI) $68.09 +2.33 (+3.60%). ##

(Graphic credit: CNNMoney)

matthew-silver-daily-business-news-mhpronews-comArticle submitted by Matthew J. Silver to Daily Business News-MHProNews.

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