Nobility Rises to the Throne as the Three Indexes Show Strength

With all three indexes up between 13% and 15% this year, the strengthening dollar compared to the Japanese yen and other currencies led to another positive day on Wall Street. CNNMoney reports the Dow Jones Industrial Average rose +0.24 percent, +35.87 points, to close at 15,118.49. The Nasdaq gained +0.80 percent, +27.41 points, to finish at 3,436.58, while the S&P advanced +0.43 percent, +0.73 points, to close at 1633.70. The Yahoo! Finance Manufactured Housing Composite remained unchanged at 1700.1 for the fourth consecutive day. The stocks we track closed mixed, or even, with Nobility Homes gaining the most, moving up +12.50%, +0.75, to close at 6.75. UMH fell the most of stocks we track, -1.67%, -0.19 points, to end the week at 11.20. Affiliated Managers Group 160.49 +3.21(+2.04%). Cavco Industries, Inc. 47.53 +0.43 (+0.91%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 167,780 +1,680.00 (+1.01%). Champion, Liberty Homes and Palm Harbor continued unchanged. Deer Valley remained at 0.80 Drew Industries 36.66 +0.51 (+1.41%). Equity LifeStyle Properties, Inc. 83.47 +0.35 (+0.42%). Louisiana Pacific Industries 19.54 -0.06 (-0.30%). Patrick Industries 21.30 +0.47 (+2.26%). Skyline Corp. 4.85 +0.0101 (+0.21%). Sun Communities, Inc. 53.25 +0.71 (+1.35%). Third Avenue Value Fund (May 9) 55.23 -0.26 (-0.47%). Universal Forest Products, Inc. 38.87 +0.21 (+0.54%).

(Graphic credit: CNNMoney and RealTick)

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