Click here to send MH news, tips, links, documents, facts
or factory-built housing related news story suggestions.

Home > Analysis and Commentary, Association, Business, disaster, Economy, Manufactured Home Communities, Manufactured Housing Industry, News, Stocks, Trends > Michael’s a Monster, Set to Destroy, Disrupt – Plus Manufactured Housing Market Updates

Michael’s a Monster, Set to Destroy, Disrupt – Plus Manufactured Housing Market Updates

October 9th, 2018

CNNmoney10.9.2018ManufacturedHomeStocksMarketsReportsMHProNewsThe fallout from the flooding, waves and wind destruction from Hurricane Florence is still being assessed and addressed, while Hurricane Michael is heading for the Gulf Coast, likely the Florida Panhandle.  That will be our focus for this evening’s market report.

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 belowafter 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…

  • Earnings season kickoff: Expect fireworks
  • Activist investor Bill Ackman invests $900 million in Starbucks
  • Google tried to beat Facebook and all it got was Facebook’s headache
  • Bob Iger is still not running for president
  • Are profits close to peaking?
  • Starbucks announces new backup childcare benefits
  • These companies are leading the fight against climate change
  • China is buying fewer cars. GM and VW are feeling the pain
  • Papa John’s stock soars after takeover rumors
  • Homes that can withstand earthquakes and fires
  • How to deal with a workaholic boss
  • What it’s like to be labeled the wrong gender at work
  • Nida Kazmi poses for a portrait inside of her home in Herndon, Virginia. At one time, Kazmi sold baby formula dispensers, acting as a third party seller through Amazon.
  • The high-stakes, high-reward world of selling stuff on Amazon
  • Who needs brand names? Now Amazon makes the stuff it sells
  • I spent 53 minutes in Amazon Go and saw the future of retail
  • It’s Amazon’s world. We just live in it.
  • What happens when Amazon comes for your business?

Select Bullets from Fox Business

  • Trump lifts ethanol rule in move that may lower gas prices
  • Trump’s ethanol move is good news for motorists: Pacific Ethanol CEO
  • The two reasons why oil prices will surge
  • US stocks mixed on high bond yields, weaker IMF growth outlook
  • Billionaire investor reveals big stake in Starbucks
  • Drew Brees, the NFL’s 3rd-highest paid player ever, is worth this whopping amount
  • CBS investigators interview employees as sexual harassment probe nears end
  • Papa John’s stock soars as rumors of Trian takeover swirl
  • Protein bar makers turn $10K into $600M after sale to Kellogg
  • Walmart vs. Amazon: Who’s winning the online grocery battle?
  • Trump store takes on NFL with ‘Stand up for America’ football jerseys
  • UN Ambassador Nikki Haley will resign by end of year
  • Zero percent finance deals for cars hit new low
  • Kroger shares take a nosedive on e-commerce spending concerns
  • Google made data breach ‘infinitely worse’ by covering it up
  • NFL’s new all-time passing leader is also a skilled investor
  • Why October is busiest sports month of year for ticket market
  • Post-match brawl costs UFC fighter

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

9MarketIndicatorsYahooFinance10.9.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

Manufactured Housing Composite Value (MHCV)

YahooFinanceManufacturedHousingCompValue10.9.2018DailyBusinessNewsStocksMarketsDataReportsMHProNews

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 –

MichaelsMonsterFlordiaHurricaneManufacturedHousingIndustryDailyBusinessNewsMHProNews

Hurricanes routinely mean destruction and displacement from housing, which in turn means that FEMA MHUs are going to be needed.

WeatherBell Chief Meteorologist Joe Bastardi on Hurricane Michael, for Fox Business.

 

Tens of thousands of Floridians were warned on Tuesday to get out of harm’s way as Hurricane Michael churned over the Gulf of Mexico toward the northwestern part of the state, bringing fierce winds, torrential rain and life-threatening coastal floods,” said CNBC.

The Florida Manufactured Housing Association (FMHA), which has there offices in Tallahassee, announced Monday that they would close today and tomorrow.  Their message said they would re-open, “as soon as possible.”

There was a relative calm for hurricanes following Katrina for several years, although there were major events like Super Storm Sandy.

But since the Trump Administration, mother nature has struck several times.  In spite of those hurricanes, the economy has been rising steadily.

For a video of the president’s visit to a manufactured home community post-hurricane, click the related report below.

 

President Donald J. Trump Visit to Manufactured Home Community, Video, Hurricane Florence Update

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).

9MarketIndicatorsYahooFinance10.9.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

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.

 


Matthew Silver - Reporter at Large
Soheyla Kovach - Support Services
L.A. 'Tony' Kovach - Publisher, Editor and Marketing Director. To submit a news tip, please click here: iReportMHNewsTips@MHMSM.com
Comments are closed.