The Consumer Cyclical sector (XLY) held steady during a trading day that saw the S&P 500 grow 0.7%.
Although it went in the opposite direction of the market today, the ETF tracked closer to the overall market today than over the past month. At the start of trading today, XLY was up 4.7% over the last thirty trading days while the S&P 500 was up 7.3%.
Navistar International Corporation (NAV) was a major gainer in the sector, rising 7.2% (+$1.95) to close at $29.04 with 3.3 million shares moving. The stock traded in a range of $27.58 to $29.10. The stock has lost momentum over the last three months, losing $9.86 (-25.3%) from $38.90 on April 5, 2012. Similarly, Cascade Corporation (CASC) gained today, increasing $2.78 (+5.8%) to close at $50.61.
Lakeland Industries (LAKE) was a major loser in the sector. Its price dropped 6.9% (-49 cents) to close at $6.66, as 5,153 shares moved. The stock traded in a range of $6.66 to $7.15.
Oshkosh Corporation (OSK) rose 4.9% to close at $21.53, cross its 50-day moving average of $20.56 and 200-day moving average of $22.03. Deer Consumer Products (DEER) declined 1.4% to close at $2.88, moving below its 50-day moving average of $2.87 and 200-day moving average of $3.74.
General Motors (GM) rose 5.6% to close at $20.67, approaching its 50-day moving average of $21.35. It has also moved closer to its 200-day moving average of $23.14. Koninklijke Philips Electronics (PHG) fell 1.5% to close at $19.61, moving down to 1% above its 200-day moving average of $19.42.
Dorman Products (DORM) hit a new 52-week high today, reaching $25.96 to top the previous high of $25.17.