The S&P 500 lost 0.1% while the Consumer/Non-Cyclical sector (XLP) showed little movement during trading today.
The ETF is showing gains of 0.5% on its 50-day moving average and 4.5% on its 200-day moving average. The ETF, as a proxy for the sector, tracked closer to the overall market today than over the past month. As trading began today, XLP was down 0.1% over the last thirty trading days, and the S&P 500 climbed -2.6%.
Central European Distribution (CEDC) was one of the sector's big losers, as its price dropped 8.7% (-41 cents) to close at $4.22. 696,114 shares of the stock moved. The stock traded between $4.21 and $4.66. The stock has been slipping in the last two months, down $1.54 (-26.6%) from a price of $5.76 on February 15, 2012.
Acme United Corporation (ACU) was a major gainer in the sector, rising 7% (+74 cents) to close at $11.25 with 5,650 shares moving. The stock traded in a range of $10.76 to $11.33.
The Estee Lauder Companies (EL) declined 0.4% to close at $62.68, moving below its 50-day moving average of $61.03 and 200-day moving average of $63.02. Inter Parfums (IPAR) rose 2.2% to close at $16.20, crossing its 50-day moving average of $16.10.
Seaboard Corporation (SEB) rose 2.6% to close at $1890, approaching its 50-day moving average of $1931.00. It has also moved closer to its 200-day moving average of $1995.71. Lorillard (AGRO) fell 2.5% to close at $134.39, moving closer to its 50-day moving average of $131.41. Also, the stock moved closer to its 200-day moving average of $9.32.
Mead Johnson Nutrition CO (MJN) hit a new 52-week high today, reaching $84.92 to top the previous high of $84.66.