While the S&P 500 grew 0.8%, the Consumer Cyclical sector (XLY) showed little movement during trading today.
The ETF, as a proxy for the sector, tracked closer to the overall market today than over the past week. Going into trading today, the S&P 500 was up -3.5% over the last seven trading days, but XLY was down 4%.
Kingold Jewelry (KGJI) was a major loser in the sector, falling 6.6% (-16 cents) to close at $2.25 with 550,360 shares moving. The stock traded between $2.07 and $2.41.
Increasing 4.7% (+$1.10) to close at $24.30, Gildan Activewear (GIL) was a major gainer in the sector. Today, one million shares traded hands. The stock traded in a range of $23.17 to $24.34. The stock has been on a downward trajectory over the last two months, declining $3.46 (-12.5%) from a price of $27.76 on April 5, 2012.
Columbia Sportswear Company (COLM) rose 2% to close at $47.98, cross its 50-day moving average of $47.63 and 200-day moving average of $48.23.
Westport Innovations (WPRT) rose 21.3% to close at $27.02, approaching its 50-day moving average of $28.14. It has also moved closer to its 200-day moving average of $34.09. Drew Industries (DW) fell 0.8% to close at $26.26, moving down to 0.7% above its 200-day moving average of $26.07.
Quiksilver (ZQK) hit a new 52-week low today, hitting $2.38 to fall below the previous low of $2.50.