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Home > Analysis and Commentary, Company News, Economy, Manufactured Home Communities, Manufactured Housing Industry, News Item, research, Stocks, Trends > Presidential Payback to Bezos’ Amazon? Report Sinks Stock, Tech Slides Again, Plus MH Market Updates

Presidential Payback to Bezos’ Amazon? Report Sinks Stock, Tech Slides Again, Plus MH Market Updates

March 28th, 2018

CNNmoney3.28.2018ManufacturedHomeStocksMarketsReportsMHProNewsLeft-of-center Axios reported that President Trump is considering anti-trust action against giant Amazon. Their stock dropped immediately after the announcement. Is it a signal, a tit-for tat for what happened just before the SOTU address in January, what?  As tech stock drag pulled the markets with it, that will be our focus 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 MH connected stock 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

MediaBiasChartSharylAttkissonLeftRightPostedDailyBusinessNewsMHProNews

Full Measure’s Sharyl Attiksson’s media bias chart is useful in sorting out the agendas behind various headlines and news sources. 

Selected headlines and bullets from CNN Money:

  • A long awaited privacy awakening is here
  • Remington gets $75 million lifeline
  • Republicans’ new welfare reform focus: Low-income men
  • Susan Rice’s next gig: Netflix
  • Maserati unveils its most powerful car, a 590 horsepower SUV
  • Why Trump country is worried about Trump’s tariffs
  • Tim Cook disses Amazon second headquarters search
  • Why Uber Eats and GrubHub partnerships are risky for restaurants
  • How to file for an extension on your 2017 taxes
  • ‘Roseanne’ comes roaring back with a stunning 18 million viewers
  • India is building a city from scratch to attract foreign investors
  • Walmart is pulling Cosmopolitan magazine from checkout lines
  • Peter Thiel’s Palantir is investigating employee’s links to Cambridge Analytica
  • Huawei’s new smartphone uses 3 cameras to take a single photo
  • This new smartphone has 3 cameras
  • New US deal with South Korea: What you need to know
  • Apple launches updated $329 iPad for students
  • SoftBank wants to build the world’s biggest solar project
  • Google loses Android battle and could owe Oracle billions of dollars
  • The US needs to borrow almost $300 billion this week
  • Uber doesn’t plan to renew self-driving permit in California
  • Nvidia pauses self-driving car tests after Uber crash

Selected headlines and bullets from Fox Business:

  • Nasdaq declines as Amazon and Tesla shares plunge
  • Tesla tumbles on crash probe, Moody’s downgrade
  • Amazon plummets as Trump eyes tax treatment change
  • Amazon CEO Jeff Bezos loses $4.6B after Trump report
  • New York Auto Show: SUV frenzy takes center stage
  • Toyota, Cadillac, Hyundai and others are competing to win over buyers who are ditching sedans.
  • Nonprofit takes out ad opposing Defense contract for Amazon
  • Mega Millions jackpot climbs to $502M for the 4th time in game’s history
  • GE: What would a Warren Buffett investment mean?
  • Netflix names Susan Rice, former Obama official, to board
  • Lincoln unveils a twin-turbocharged hybrid SUV
  • Pending home sales rise in February, reversing decline
  • Atlanta ransomware attack: Other cities seen as vulnerable
  • Peter Thiel company employee attracts scrutiny in Cambridge Analytica case
  • NYC after-hours work email ban ‘great for business’, councilman says

 

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

S&P 500 2,605.00 -7.62(-0.29%)

Dow 30 23,848.42 -9.29(-0.04%)

Nasdaq 6,949.23 -59.58(-0.85%)

Russell 2000 1,513.02 -0.55(-0.04%)

Crude Oil 64.64 -0.61(-0.93%)

Gold 1,330.30 -17.60(-1.31%)

Silver 16.27 -0.27(-1.64%)

EUR/USD 1.2308 -0.0095(-0.77%)

10-Yr Bond 2.78 -0.01(-0.39%)

9MarketIndicatorsYahooFinance3.28.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

Manufactured Housing Composite Value

YahooFinanceManufacturedHousingCompValue3.28.2018DailyBusinessNewsStocksMarketsDataReportsMHProNews

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 –

Axios’s report about the president was spotlighted on the Drudge Report this morning, and considering action against Jeff Bezos’ Amazon witnessed a rapid sell of in the stock.

The two billionaires have certainly crossed swords before.  Recall that on the morning of the State of the Union, Bezos, Warren Buffett and Jaime Dimon issues a statement on a healthcare plan that sent the markets tumbling

 

The issue of anti-trust action and the ‘taking the oxygen’ out of various industries is on the radar of the president, Democrats and Republicans.  What will these signals actually result in?

Those kinds of open questions are among the reasons why the markets are reacting with volatility to news about those regulating the tech giants, or perhaps taking them on with an anti-trust action.

 DonaldJTrumpDailyBusinessNewsAmazonMHProNews

 

Bloomberg’s closing ticker results 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).

 3.28.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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 a recent round of 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.”

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SoheylaKovachManufacturedHomeLivingNewsManufacturedHousingIndustryDailyBusinessNewsMHProNews-Submitted by Soheyla Kovach to the Daily Business News for MHProNews.com.


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