During trading today, both the Consumer/Non-Cyclical sector (XLP) and the S&P500 showed little movement.
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, XLP was up 2.5% over the last thirty trading days while the S&P 500 was up 0.8%.
Farmer Brothers (FARM) declined 4.6% to close at $7.46, moving below its 50-day moving average of $7.47 and 200-day moving average of $8.67. Origin Agritech (SEED) rose 17% to close at $1.71, crossing its 50-day moving average of $1.54.
Smithfield Foods (SFD) rose 1.1% to close at $19.36, approaching its 50-day moving average of $20.30. It has also moved closer to its 200-day moving average of $21.56. CHS (CHSCP) fell 3.4% to close at $30.43, moving closer to its 50-day moving average of $30.37. Also, the stock moved closer to its 200-day moving average of $29.90.
Increasing 8% (+$1.14) to close at $15.35, Zep (ZEP) was a major gainer in the sector. Today, 101,415 shares traded hands. The stock traded in a range of $14.85 to $15.46. Share price is up $1.87 (13.9%) from $13.48 on June 8, 2012.
Green Mountain Coffee Roasters (GMCR) was a major loser in the sector. Its price dropped 6.7% (-$1.57) to close at $21.95, as 7.7 million shares moved. The stock traded between $21.55 and $23.73.