Housing Stocks Gain than Lose - MH Marketing Sales Management

U.S. stocks moved slightly higher today even as the White House and Congress seem to be at loggerheads in trying to resolve the fiscal cliff problem. CNNMoney reports the Dow Jones Industrial Average gained +0.45 percent, +59.75 points, ending the day at 13,311.72. The Nasdaq moved up +0.20 percent, +6.02 points, to close at 3,050.39, while the S&P gained +0.50 percent, +7.88 points, to close at 1,443.69. The Yahoo! Finance Manufactured Housing Composite dropped -0.31 percent to end the trading day at 1213.9. Housing stocks we follow closed mixed with modest gains and losses, or even. Drew Industries gained the most of tracked stocks, +2.74 percent, +0.89, to end the day at 33.32. Deer Valley fell the most of tracked stocks, dropping -1.79 percent, -0.01, to close at 0.55. Affiliated Managers Group 132.30 +1.27 (+0.97). Cavco Industries 49.45 -0.22 (-0.44%). Champion, Liberty Homes, and Palm Harbor all remained unchanged. Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 135,936 +736.00 (+0.54%). Equity LifeStyle Properties 67.35 +0.62 (+0.93%). Louisiana Pacific Industries 18.67 +0.11 (+0.59%). Nobility Homes continues unchanged at 4.95. Patrick Industries 15.23 -0.19 (-1.23%). Skyline Corp. 4.27 +0.05 (+1.18%). Sun Communities, Inc. 39.80 +0.46 (+1.17%). Third Avenue Value Fund (Dec. 19) 49.55 + 0.28 (+0.57%). Universal Forest Products, Inc. 39.20 +0.53 (+1.56%). UMH 10.32 +0.17 (+1.67%).

(Graphic credit: CNNMoney and RealTick)

Source: http://www.mhmarketingsalesmanagement.com/blogs/daily-business-news/more-housing-stocks-gain-than-lose/

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